del.icio.us
blinklist
digg
Facebook
Furl
ma.gnolia
Newsvine
Pownce
reddit
StumbleUpon
Technorati
Twitter
I do a lot of swing trading in order to capture multi-day price moves, but that’s certainly not the only timeframe I operate on. In fact, by adding some day trading to the mix, it diversifies my timeframes and adds both a layer of profitability and protection to my trading.
One of my favorite day trading situations is that of exhaustion. When price gets too stretched in one direction or the other, the potential runs high for a reversal. Timing an entry properly in that situation can offer excellent risk-reward plays, which can translate quickly into hefty profits.
Here in Episode 97, I’m going to show you a trade I took today and walk you through the situation, explaining my entry & exit as well as the combination of factors which produced a great play. Hope you find it helpful!
(Be sure to click the full-screen option for best viewing.)
Hope you enjoy the show! Thanks for watching and subscribing, and feel free to post your ideas and comments down below.
Trade like a Bandit!
Jeff White
President, TheStockBandit, Inc.
www.TheStockBandit.com (Premium service)
www.TheStockBandit.net (Trading Blog)
