-->

Spotting Perfect Entries & Exits

Post a Comment
 
   
     
   
 
SEPT 15, 2023
 
   
WHAT’S HOT ON ASK THE PROS
Spotting Perfect Entries & Exits
 

On today’s edition of Ask The Pros:

Geof Smith talked commodities — including a new lithium discovery that could shake things up.

And Fausto Pugliese taught us how to spot actual buyers and sellers as they move markets. Don’t miss today’s show!

 
 
 

— The Prosperity Pub Team
JEFFRY TURNMIRE
Finding Patterns. Exploiting Patterns.
 

The lifeblood of any successful strategy is finding patterns and exploiting them

Anyone who makes their money from the market spends would do well to spend some time poring over data, seeking to identify trends, cycles, and anomalies that may provide a window into future market behavior.

Patterns can range from simple price bars (i.e. doji, bearish engulfing) and trend lines (bullish/bearish) to more complex formations such as head-and-shoulders or cup-and-handle patterns.

But, finding patterns is just the first step. Because the wins lie in exploiting those patterns.

Successfully exploiting a pattern you’ve discovered requires an understanding of risk management and trading psychology — and sometimes a little extra magic.

It means recognizing when a pattern offers a high-probability trading opportunity and having the discipline to act on it without being swayed by fear or greed. (this is harder than it sounds)

Exploiting patterns also requires a degree of flexibility. Markets are dynamic — they can throw you a curveball — and the patterns that worked yesterday might not work today. 

As such, successful traders need to constantly adapt their strategies to match the changing market conditions.

I’m telling you this because Jack Carter recently shared his “Income Calendar” strategy with me. And I was so impressed with it that I wanted to share it with you.

His strategy has not only found an incredibly consistent pattern:

A list of high-grade stocks that have gone up on the same dates every year for at least the last 10 years…

But he’s figured out a specific kind of trade that lets him exploit that pattern in the most high-probability way.

It’s actually quite remarkable and I urge you to check it out.

He’s going to be LIVE on Monday the 18th @ 3pm Eastern — and he’ll even be giving out one stock you need to see before Wednesday’s possible Fed rate  hike!

Click here to reserve your spot.

Hope to see you there,

— Jeffry Turnmire
___________________________________________________
   
 

Related Posts

There is no other posts in this category.

Post a Comment

Subscribe Our Newsletter