I've been traveling a lot the month of October for the school, Vancouver & LA, witch one would think makes it tough to trade. Futures? Yes, it makes it a bit harder but for options and stocks being away from the screen helps, at least me.
On Sunday's we make it a habit to do chart outlooks and look for the best deals/trades of the week. We narrow it down to the 'best of breed' ideas and look to execute on those, aka having a trading plan. This is not something that needs to be done everyday (who really wants to do that) or something where you're sitting at the computer for 5 hours daily.
This week we came in with a few key ideas:
We do this as a group for the LMT (Live Market Training) so that as a new trader you can get in the groove and see from the instructor how and what to look at for the best possible trades for the week ahead. This helps because you can focus on the rest of your life and execute the trades when you get the alert.
Today the markets rewarded the community for their hard work with over +$10,000 + in combined student gains.
The real winners were: TSLA, NVDA, (Yen Long/Futures) and CMG. Three ideas, if executed with the correct size and exit, could make your entire trading week if not month.
So the idea? Trade less, profit more.
I hope this helps.
If you would like to learn more about the Core Foundations of Trading Program and the LMT you can schedule a call here.