In This Episode:

• Student trade showcasing the chasing tool entry with moving average and got cheap shotted.
• Analyzing the logic of a student holding a losing trade because of an options expiration date.
• The importance of surveying various tickers to find the one that fits your plan the best.
• Picking your entry approach on a gap up.
• Taking a look at the sledgehammer setup that works out beautifully.
• Analyzing a trendline break with a retest providing multiple points of entry.
• Identifying key levels to determine the validity of a breakout.
• Being realistic when looking for a sign of weakness and actual weakness happening.
• Taking a look at a student alert of a cliff point and the importance of moving averages.
• Keeping in mind the context of an overall chart and the importance of aggressive profit taking when fighting the overall trend.
• The importance of being patient and waiting for your actual entry signal (launchpad) instead of emotionally entering an order.
• Analyzing a ‘mine field’ setup and it’s impact on a setup.
• Remember the overall context of a chart while planning your trades (gap up analysis).
• Taking a look at a hammer candle that formed on large volume.
• Sometimes patterns and candle formations do not play out (wolf candle). Keep your trading plan fluid.

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