Hubert Senters here.
Let’s take a look at Mattel, MAT. Nice little bracket trade going into next week obviously, had a gap up situation on Friday so for next week long potentially will be $15.92 and the short for the bracket will be $14.58. I said in our earlier video I want to make sure you keep an open mind.
You can always right now which way you think it’s going to go and see how accurate you are on that. What I found is I’m not that good at picking out the direction of the gap up or gap down. That’s why I bracket these things.
But it would be interesting to see how well you fare. Just track this stuff down in your trading journal or your notebook and go okay, I think this one’s going up. I think this one’s going down and then just see if you call the right direction or not.
I’m going to be doing a special webinar Wednesday on how to trade bonds. It does not require a lot of money and depending on your broker you can get Intra-day margins as low as $500 overnight margins as little as $3,000 and you can do really good risk reward trades on bonds. I love trading them.
A lot of people that switch over to them like them too you want to show up to the webinar on Wednesday, February 13th. Click the big yellow button. CLAIM MY SPOT NOW to register for the webinar.
Good luck. Hope it helps. And I’ll see you on the next video.