Hubert Senters here. Let’s take a look at Expedia. This is a two minute chart and you can see right at the center of your screen here which it says a $73.3 X. And that would have been if you have been smart enough, skilled enough or lucky enough to grab this bad boy yesterday when it fired off a signal. So in this criteria I’m going to walk you through like a risk reward exercise because this is almost important for everybody. It will help you be profitable quicker in my opinion. In this example, Expedia fired off a long at $110.23. And its risk that it said I could take if I want to take the trade was an Average True Range of $1.32. As long as that things blow three to four I’m okay with the risk reward ratio. You need to buy basically $6,600 share. My target one base upon the risk reward ratio is $110.46. You can see I’m only making 20 cents. And then here about 40 cents. So this target two right here. Target one, target two and then it closed. I still have a quarter not a half but a quarter of the position left in this example. And then it’s got a trailing stop-loss that then eventually would have stopped you out right there and that number would have been $121.22. So the risk reward ratio is calculated off an entry of $110.23 and now it’s trading at $121 so a 10 point big gap up. Now, you can’t predict that gaps. You can know if they’re going to half or not base upon a news event or earnings. You know they’re probably going to happen. But you don’t know if it’s going to be up or down. But the number one thing you should focus on anytime you’re trading is always think about risk first. Does it fit my parameters? And then reward second. Mark Helweg and I are going to be doing a special webinar on ‘How to Take Minnow Risk to Target Whale Profts.’ Craking the Code of the Market Wizards. This is going to be Wednesday, February 19th at noon EST. I will hyperlink you to the registration page. Good luck. Hope it helps. See you on the next video. Hubert.