TRADING TIPS

BA New Long with Targets

Hubert Senters here. Let’s take a look at Boeing, BA is the symbol. Breaking away above the cloud. Usually decent buy signal. Now, it’s had a nice little rally because of the nice little Covid selloff. And then work its way out of the hole there. What we’re going to do is we’re going to grab from the beginning of the selling to the end of the selling. And it’s already in that ambush zone. I feel fairly confident and saying it could potentially go to $251. It’s trading at $230 right now. Take a look at Boeing for a potential long trade.  Mark Helweg is going be doing a special webinar on ‘How To Potentially Profit from Huge Market Moves” Without Predicting the Direction… Because most people get the direction wrong. I know I get the direction wrong all the time. The real thing here is you want to have to good risk reward ratio. So if you’re wrong 50 percent at a time and you’re risking one to one it’s not going to work. You’re just going to burn the cash up but just commissions only. If you’re wrong 40 percent at a time. Let’s say you’re wrong 60 percent at a time and you’re right 40 percent at a time. And you’re going to have to cross the Math. I’m just doing analysis here. Let’s say you’re only right 40 percent at a time but you’re risking $1 to make $5. You’d be able to kick out a profit that way. This webinar is going to be Wednesday, June 10th at 8PM EST. I will HYPERLINK you to the registration page. Good luck. Hope it helps. See you on the next video. Hubert.

Submit a Comment

Your email address will not be published. Required fields are marked *

Share:

Facebook
Twitter
LinkedIn
On Key

Related Posts

Get Reports From The Trenches on What’s Working Now
Twitter Facebook

 

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.