Hubert Senters here.
Let’s talk about the importance of picking the correct market free in the trade. Now, what I’m going to be showing you is the trade that I’ve been in for three weeks. I think it’s either two or three weeks short term memory loss gets me every time. And all these traits kind of meshed together.
But I know I’ve been in it longer than a week for sure. Okay. And then another trade that I’ve been in for two days so this is the 10 year note TYM18 and you can see I had an entry up here. Scrolled too fast. Let me scroll back down here. No. Going the wrong way. Come on. Keep it together here.
So I initially took a risk of $156.25 here. And you can see I’ve trailed my stop-loss down where I’m now walking in $406 on a trade that I’ve been in two and half maybe three weeks at this point. So let’s just say two or three weeks and I’m up $2200 on it. Okay.
Another trade that I’ve been in since Tuesday. Evening sometime is currently up $1062 so less time and more money. So it’s really the reason that I like trading the 30 year. Now, it’s a very simple reason why this happens is the 30 year every tick is worth $31.25 so it’s worth double. Okay.
So it kind of compresses or magnifies the winnings and the losing. But I still on this trade set-up I only had an initial risk of write up here I’ll move it really quick, $156.25 and now, move this down here where I’ve locked in $156.25. And I’m looking to create a little bit more of a run here in this trade so it is important.
There are other contracts you can trade so a lot of the popular ones that I trade are right over here. As you can see here is the 30 year. It’s the 30 year bond, 10 year note, 5 year, there’s a 2 year. And then I like trading the bund too so those are all ones you can trade.
And it’s really important for you to pick which one you want to trade. If you’ve never traded them before, you know, I’d probably start out in the 10 year. The 10 year has more volume. It’s half the tick value of the 30 year so it’s like 15 dollars. If you’re real skittish and you’re just generally a skittish person you might want trail the 5 year or the 2 year they don’t move as much. And so they’re a little bit more calm. So that’s my advice.
Anyway, I’m going to be doing a special webinar Wednesday, May 23rd at 8:00 PM EST on ‘’How I made $6,281.25 in 10 days Risking only $312.50.’’ So I’m going to teach you how to do that. I’m going to teach you some ins and outs of bonds so it’s going to be like a Bond 101. The next webinar we’re going to do Wednesday, May 23rd at 8:00 PM EST. I will HYPERLINK you to that.
Good luck. Hope it helps. And I’ll see you the next video.
Hubert.
