This content is restricted to CTU members
Today we have a guest interview with community member Dim. Dim has what we call the 4th dimension. He utilizes some forms of fundamental analysis that he learned in his earlier trading that he now uses to align with what he sees on the technical charts. While going through his VRX fundamental analysis he determined that it was quite bearish for multiple reasons. He then transitions to about 5 different time frames to help aid in where he should be entering. He primarily trades off the 1 minute for his entries. As this trade is a multi day idea for Dim, he holds into the close, sets his stop loss, goes to bed and doesn’t check it again until the next day. The short he put on around the 69 dollar area has now opened around 52. We always preach to TRAIL your winners instead of just cut them off prematurely. Not only does Dim trail his winner, he adds to the position based on how ugly the chart was and determined more downside was possible. He uses his method to trail the entire position and eventually stops him out for a very nice gain.