Day Trading, Thursday, 2.11.2021

day trading chat room nip it in the bud pins stop and reverse Feb 11, 2021
 

In this video, I review today's trade alerts and I go back to the topic of stops, stops and reverses, etc.  It is important to understand your "basis for the trade" and to fully accept the fact that trading involves probabilities.  Put these two things together and you understand that we will never have a system that guarantees you will win 100% of your trades and therefore when the basis for the trade has been violated, then a stop or a stop and reverse is in order.

Watch the video for the details.

In the spirit of today's blog post, here's our hero giving his advice:

 

Interested in Bob Joiner's day trading chat room?  

At the following link, you'll find a 2-minute video overview and a link below that video to receive more information.

See the 2-minute video now