Thanks for the comment. We describe in the first couple minutes the reasons for getting involved in the trade, but generally speaking: Breakout setups like this (when a stock makes a fast move to new multi-day or multi-week highs) signals to us that there is sufficient momentum behind the move and that we should get long the stock for the increased probability that momentum will persist and the stock will trade higher. Every setup is a bit different and has some nuances as to how long we look for the trade to last, where we exit, etc. I hope that helps.
Great video. One question: It seems that the price of DDC turned up again right after stopping you out. Would you enter the same stock again after you have just been stopped out from the trade? Or would you wait longer for a new setup to emerge? Thanks.
+louisaparker Good question. I would need to see a new setup. There are specific reversal setups we look for that could trigger shortly after, but generally it would take time for it move sideways and set back up before we would consider getting back involved.
We start with a top-down approach, so first, we measure (score) the health of the market environment overall. That tells us how much exposure (positions) we want to have on at any given time (sometimes it is zero). Once we know that information, we drill down to specific trade setups, so you're exactly right, we take the best setups available for the given market environment. Hope that makes sense :)
The Trade Risk Thank You :) It doe's make sence. Watching all your videos, allready subscribed to Your weekly newsletter. I'll sum it all up- if I like it I will join your subscribtion. Thank You !
Thanks Victor, great to hear this makes sense and you are enjoying the videos. Feel free to contact via my website (email) if you have any other questions.
Great video, professional trading right there. Let me ask you a question please: why is this setup "good" which made you start the trade ?
Thanks for the comment. We describe in the first couple minutes the reasons for getting involved in the trade, but generally speaking: Breakout setups like this (when a stock makes a fast move to new multi-day or multi-week highs) signals to us that there is sufficient momentum behind the move and that we should get long the stock for the increased probability that momentum will persist and the stock will trade higher.
Every setup is a bit different and has some nuances as to how long we look for the trade to last, where we exit, etc. I hope that helps.
Great video. One question: It seems that the price of DDC turned up again right after stopping you out. Would you enter the same stock again after you have just been stopped out from the trade? Or would you wait longer for a new setup to emerge? Thanks.
+louisaparker Good question. I would need to see a new setup. There are specific reversal setups we look for that could trigger shortly after, but generally it would take time for it move sideways and set back up before we would consider getting back involved.
Please tell me how many open positions you have manage per night/week?
Hi Victor, we keep things pretty concentrated so a full 100% invested account is generally 6 to 8 positions. Average about 15 trades per month.
The Trade Risk Great! So You pick the best setups and trade them?
We start with a top-down approach, so first, we measure (score) the health of the market environment overall. That tells us how much exposure (positions) we want to have on at any given time (sometimes it is zero). Once we know that information, we drill down to specific trade setups, so you're exactly right, we take the best setups available for the given market environment. Hope that makes sense :)
The Trade Risk Thank You :)
It doe's make sence. Watching all your videos, allready subscribed to Your weekly newsletter. I'll sum it all up- if I like it I will join your subscribtion. Thank You !
Thanks Victor, great to hear this makes sense and you are enjoying the videos. Feel free to contact via my website (email) if you have any other questions.