Hi all, I’m currently in reservist now so it will be tougher for me to post videos for the next 2 weeks or so. However, I will still try to post trade ideas if there any good ones I deem fit. This is a trade in GS (Goldman Sachs) that I’ve entered on Wednesday night before leaving for the army.
Based on my methodology of trading, I like to enter strikes of 78.6% retracements or to see a short term turn of the trend. In this case, after seeing a short term turn, I entered the buy order @ $162.45, trading for a minimum target of $165.57. Stops were at $159.42. As you can see my targets have been hit in the next 2 days subsequently. I have now sold 1/2 of my position and put the remaining 1/2 to my break-even price; guaranteeing that I will at least make a portion on this trade. That is not to say all trades will be this way; or that it will be easy. Good trading comes from heavy screen time and looking at several variables to stack the odds in your favour. If you would like to cut short your learning curve on trading and investing, do take a look at the concise course that I offer at www.sharesedge.com, or drop me an email at sharesedge11(at)gmail.com
By the way, if you would like to open a trading account, please open one under Collin as I find him very responsible and is someone who loves to give back to the community 🙂 He was the one that encouraged me to teach what I know, and has been an exceptional mentor not only for me but for a huge number of people. Contact Alicia (HP: 91727012) should you be interested. Meanwhile, cheers and trade safe!
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