Hubert Senters here.
Yesterday and the day before we were talking about trade and gaps on index futures. Let’s switch over to stocks because it’s very important. It’s the same thing as index futures as far as gap wise, very important. Don’t forget this part. If you forget this part, it’s going to hurt.
So one of the main things is you do not want to focus on gaps in other words on Apple. Let’s take an example here and we’re going to zoom in right here so I’m going to move this over here. So I was trying to talk you into like why you straight gap so you’ve got Apple.
It’s gaping up and then you short it because it’s a gap. Well, if it’s in a massive uptrend you might not want to short the gap up so what you want to do is you want to spend more time on the gap down.
So if you’ve got something like Apple or Amazon or anything else it’s in a massive uptrend you want to focus on when it gaps down buying those as opposed to when it gaps up shorting those and just makes common sense.
But I know some people are going to forget it so I’m just reiterating it on this video. If you have something that’s in a massive uptrend I want you to focus on buying gap downs so your discount buying.
If you have something that’s in a massive downtrend then as it gaps up, you short that and it should fill that gap so just keep that in mind.
Mark Helweg is going to be doing a special webinar on ‘’How to Trade Minnow Risk to Target Whale Profits,’’ Wednesday October 17th at 8PM EST. Click the BIG YELLOW BUTTON to register for the webinar.
Good luck. Hope it helps. And I’ll see you on the next video.
Hubert.
