This content is restricted to CTU members
In this episode:
- We take a look at a student trade (GatorDC) and have him walk us through his BABA trade. He formed a trade plan due to the macro event of China selling off and the rest of the market following. Great example of logical trade entries using chasing tool and locking in profits with the golden brick road (moving average).
- Rubber band alert with a look at RvR to determine if a trade plan makes sense. Another shining example of why we respect our stop loss as this one would have definitely caused a portfolio fire.