When you decide to trade stocks for a living you must pay attention to how your stock market charts are set up. The wrong setup in your stock market charts will lead you to disaster within your trades. We make sure to setup multiple charts to help you determine the best entry and exit for your trade without hesitation.
If you look at the stock market chart in the picture you will see that we have multiple tools in place to help determine the direction of the trend. The multiple charts also helps us to determine when we should enter a trade or exit the trade.
On this trade we entered at $1.05 and exited at $1.46 for a $0.41 gain. With a 1,000 shares that netted us $410.00 which was a nice trade for us. You can learn how to do this by getting our course.
Click here and begin your Stock Market Charts with Whiteboard Magic: https://gumroad.com/a/718247027/WbZVZ
In this course you’ll learn how to find profitable trades in the stock market
– Learn how to create watch list
– How to calculate potential profit
– How to calculate potential loss
– We teach how to scale into trades
– Learn how to scale out of trades
– When to calculated gambles for more profits
This class will be in video format, it will last about 1-1.5 hours
Once this course is delivered to you it will be yours to keep forever, you’ll be able to watch it as many times as you like at your own pace
Because of the nature of the content there will be no refunds issued once the course is delivered
Get your course here and begin making MONEY today. >Click Here to Get Your Stock Market Course<
Trading Journal
The best practice you can implement with your stocks and your trading strategies is to implement a trading journal in which you track all of your trades. I can not express this importance enough. Through the journaling of your trades you will discover trends and patterns within your own trading that will help you to become stronger in your trading and ultimately lead to becoming profitable. How you say? Well pick your stock and determine your mood, the market direction, and the fundamentals of the stock. Then track it using your journal. Write why you bought the stock and what you plan to do with it. Map out your trade. If you need a journal that tis easy to use and easy to make copies of for multiple uses then click here to get a trading journal. Once you get it, start using it immediately. Track everything you do so that you can learn better your strengths and weaknesses of trading. Here is a link to the trading journal: https://glenncove.gumroad.com/l/tradingjournal
Tracking Your Trades
If you are scanning for trades using the proper scanner, using your charts with the appropriate settings, and are tracking your trades within your trading journal then, you are well on your way to making the best decisions for your trades. If you miss anyone of these points, you will lose the income that you could be making. With the three different parts, combined you will take your trading to the next level. It is important to have all of these parts in place for you to be successful.
Learn How To Trade With Great Mentors
Now it’s time to get serious with your gains. Paper trading is fun and a great way to practice but, the minute you load your brokerage account and place that trade. You’ve got skin in the game. That’s the make or break moment that will make you a believer or not. Most pick a stock only to watch it drop in value then they jump out of it with less money. This scares them and some walk away others stay the course and realize this is a learning lesson. Patience is the key in stocks, options, and most any investment. You pick the best investment, hedge your risk and wait for the investment to work in your favor. Are you ready to learn and build your investing skills? If so, join us in the Wealth Squad. Here is the link: ==> https://www.wealthsquad.university/?via=Stockmags <== Join over 17,000 members that are building their wealth and sharing their wins.
