To receive our WEEKLY Market Outlook emails!
https://join.tradingexperts.org/weeklycharttalk
To start your 90 day Free Challenge sign up here:
https://join.tradingexperts.org/90day-trial-membership
Stocktwist Podcast:
https://open.spotify.com/show/0IDiCRo9Vmu0GPjv82LyoX
...
https://www.youtube.com/watch?v=vYSY_BLcEGo
If you found this helpful be open-minded to subscribe, like & turn on notifications :)
Kindle, Audible, Soft & Hardcover Trading Experts books available at the lowest cost Amazon will let us sell them at
https://www.amazon.com/dp/B09SQ9QSM6?binding=paperback&qid=1645968251&sr=8-3&ref=dbs_dp_awt_sb_pc_tpbk
To learn more about our 10 Step Trading Challenge Click Here
https://join.tradingexperts.org/90day-trial-membership
To talk with the founders and learn more click here
https://calendly.com/tradingexperts/questions
...
https://www.youtube.com/watch?v=YVxdu_OaaHU
To be entered into our weekly GIVEAWAY!
https://join.tradingexperts.org/weeklycharttalk
To start your 90 day Free Challenge sign up here:
https://join.tradingexperts.org/90day-trial-membership
To shop with TE
https://www.etsy.com/shop/TradingExperts?ref=search_shop_redirect
https://www.amazon.com/s?me=A38NBFH6QJR1AK&marketplaceID=ATVPDKIKX0DER
...
https://www.youtube.com/watch?v=DHRUYsjOrz4
Here at Trading Experts, we simplify the complexities of the stock market.
With our 3 Step Program, you too can trade like the Pros.
With our proven method, you can have the odds in your favor and make money anywhere with WIFI.
To join our free Stock Trading Group Chat https://groupme.com/join_group/45681653/G6hxnp
To follow us on Instagram https://www.instagram.com/tradingexperts/?hl=en
To learn from our free Getting Started Program https://tradingexperts.org/blogs/programs/getting-started
To learn from our free What's Next Program https://tradingexperts.org/blogs/programs/whats-next
To learn from our free Semi Smart Program https://tradingexperts.org/blogs/programs/dumb-money
To follow us on Facebook http://facebook.com/tradingexperts/
To join Momentum Swing Traders Facebook Group https://www.facebook.com/groups/1163020890517424/
To follow us on Twitter https://twitter.com/tradingexperts1
...
https://www.youtube.com/watch?v=livRfMRSpnQ
Our Trading Experts Alpha Members Joseph Park tried 3 support buy back trades and they all failed! He was wondering why so we breakdown the trade.
In short a support buy back is when a stock pulls back to a prior support level, this tends to work the best on the 1st major retest of support, you can also try it again on the 2nd major attempt, however after that as Joseph learned the more attempt at support increasingly the likely hood that the trade will fail.
So Step 1 - Find the major prior low, wait for the stock to pull back to that price, let it push down into it, and buy on the way up vs that low (do not try to catch the low)
Step 2- Once you are in, best course is to put your stop at the low (under support) then we look to move the stop to the prior low of day, then low of day, then break even, then we trail the position
We will break down why each failed
GS - his attempt was too early and a minor area of support, these trades have a high probability of failing as you are buying counter trend, when they work they can be easily 10:1 winners, its just a numbers game
IBM - was a perfect example of after the 1st and 2nd attempt back at support the trend tends to break support, his first trade was the 7th time at support and as a result the stock got smoked lower, given his stop loss, he only lost a few% compared to the 30% drop after it broke support
UTX - similar to IBM, where his first time trying to buy up off support in the name was on the 4th attempt and it ran right through it. Ben took it $20 lower after it broke down through the 2019 low and was only risking $4 when the stock ran up $14 from the entry.
...
https://www.youtube.com/watch?v=xkuV1zs23mI
If you found this helpful be open-minded to subscribe, like & turn on notifications :)
Kindle, Audible, Soft & Hardcover Trading Experts books available at the lowest cost Amazon will let us sell them at
https://www.amazon.com/dp/B09SQ9QSM6?binding=paperback&qid=1645968251&sr=8-3&ref=dbs_dp_awt_sb_pc_tpbk
To learn more about our 10 Step Trading Challenge Click Here
https://join.tradingexperts.org/90day-trial-membership
To talk with the founders and learn more click here
https://calendly.com/tradingexperts/questions
...
https://www.youtube.com/watch?v=V73RRV0TPfM
To receive our WEEKLY Market Outlook emails!
https://join.tradingexperts.org/weeklycharttalk
To start your 90 day Free Challenge sign up here:
https://join.tradingexperts.org/90day-trial-membership
Stocktwist Podcast:
https://open.spotify.com/show/0IDiCRo9Vmu0GPjv82LyoX
...
https://www.youtube.com/watch?v=59LYhzCuRS8
Freshly removed from a bad trading run, Shake gives some specific pointers in how he gets over losing streaks, which are inevitable in a trading career. Heaven gives us some great pointers about his methods for getting back to winning ways -- and so much more is covered in these 30 minutes.
Give us a thumbs up if you enjoyed and any questions for us leave in the comments!
To learn more and join our free Trading Group click on the link below:
https://web.groupme.com/join_group/46...
https://www.instagram.com/tradingexpe...
www.tradingexperts.org
...
https://www.youtube.com/watch?v=UIw9PIZAnAY