Hubert Senters here.
Let’s take a look at SWKS, Skyworks Solutions. So this is a little bit of a nod here. Do you have what it takes in order to do this type of trading? It’s very important. It’s different than most stuff that you probably associated with people blowing smoke up your ring. I have a trading strategy that works 98% of the time. Yeah. Sure. You do.
But anyway, let me walk you through this. When we’re looking here I’m looking at minus 1, minus 1, minus point 9, minus 1, minus 1, minus 1 minus 1.1 and then minus point 9 so I’m just going to say they are all minus 1 but they’re no variants .
So we’re going to have if we take a look at that fairly quickly if I can make my thing work one, two, three, four, five six, seven. Seven consecutive losers if you just picked the wrong direction, right and you’re starting going man, loser, loser, loser, loser. I don’t know about you but I’ve had seven losers in a row.
It doesn’t feel good. And you need to learn how to adjust with it. But now, on this next trade set-up we shorted here, is our ATR okay? $0.95 That’s not bad. We’re going to short it at $114.84 and the stop is $115.79 basically a point, right.
Target 1 is here, target 2 is here and we’re going. Thank goodness I’m starting to get some of my money back. Now, you may or may not have what it takes in order to do this. That is no ding on anybody. Listen to this video. The trading as a profession is a hard thing to do. You got to be able to take a lot of things and come out on the other side. Being a 7 stop-loss is out in a row. The cool thing is they’re small so they’re survivable. And then you’re looking at this 8th trade you’re going man, oh, if I could do it 8th trader. That’s okay. That’s a fair question.
But now if we fast forward and I’m just going to move the chart over a little bit. How many do we say we had seven losers I think from memory? My memory is not what used to be. 7, oh, now, they’re here here. Now, we got $15X. That’s a positive number now.
That’s not even including this is the short. That’s the entry target 1 and target 2, the 15X is the risk from the initial entry and the third X. We’re not even counting target 1 and target 2 so it’s actually more profitable than a $15X.
Okay. So that’s what I’m talking about. It is different. It is more real trading is like and then you go into your next trade and then you go short here, stop here. ATR is $0.85, that’s fine. You’re going to short at $99.44. Stop is $100.55. Once again about a buck, right. And then target 1 target 2. And then this trailing stop-loss will be in effect.
Anyway, I just want to put that out there. If you’ve ever had a draw down I don’t mean by it as it been trading for more than two days or two weeks that has not experienced a draw down. That’s what real trading look reward ratios like. You want to take little itty bitty risk and hopefully your risk reward ratios in your favor and not in the market’s favor.
Mark Helweg and I are going to be doing a special webinar Thursday, April 26th at 7:00 PM EST. Mark is my go to guy for systems and indicators. One of the smartest guys out there that I know of about how to do all this stuff.
He’s going to cover webinar with you. I will be there with you too. “How to Trade a Minnow Size Risk to Target Whale Profits.’’ We’re going to show you exactly how he does that and how I do that and how you can do it too.
I will hyperlink you to this form. Click that button right there. It says CLAIM MY SPOT NOW to register for the webinar. Good luck. Hope it helps. And I’ll see you on the next video.
Hubert.
