It only took twelve minutes in the market today to take advantage of the beautiful trending market to the downside. If you compare today’s activity with yesterday we will see that today was the day to allow trades to run and maximize profits. Yesterday was a day to show discipline and restraint in the market.
This is one of the concepts that we are going to be speaking about at the International Finance and Economy Symposium at EAFIT University here in Medellin, Colombia. It is one of the most prominent universities in Latin America and they are very keen on learning how to trade.
Here is the chart from one of our new traders in Colombia. Excellent job today extracting over 4 points from the market on a beautiful trending day:
Here is the NT chart with the orders.. made a mistake and moved the stop a bit to tight and got stopped out. Immediately re-entered the market on what we call a “oh no you didn’t trade” in order to capture the continuing market to the downside.
Here is the video. Watch it on The Day Trading Academy YouTube Page if you have any issues with the video below.
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