Hubert Senters here.
Here’s why it’s so important for you to always have a list of things that you like going higher or potential longs. And also a list of things that are potentially going to go lower potential shorts because you don’t know which way the markets can go.
If anybody in the world knew which way the markets going to go they’d be more wealthy than wackle more and buff it. None of us know though. We can assume. We can make our best educated guess. We can even do percentages and we can do statistics about it.
But you never really know so that’s why it’s always good to have a potential thing. A list of potential things you like to the high side. And a list of potential things you like to the low side.
That way depending on the day you can then take advantage of that day so I’m just going to randomly pick some of this. We’ve got Heinz it was on my watch list. And I’m going to pick a few futures.
ES was on my watch list higher. Nasdaq higher. Oats higher. OJ higher. Rough Rice higher.
I also have the 10 year going higher. It didn’t work because it went the opposite direction of the index futures.
The 30 year it also pullback but if you look at that, that make sense if indexes go up sometimes bonds will go down. It’s not always the fact but not all of your longs will always go up. Not all of your shorts will always go down.
But you can pick from a list of things that are strong and at least you’ve got an edge that you can play in that area because you’ve already pre-defined these things that are already pre-determined by you as strong upward moving things. Same thing to the short side.
Mark Helweg is going to try to simply your life Tuesday evening with a ‘Simple Blue Dot-Red Trading Strategy for Stay-at-home Traders.’ Webinar is going to take place Tuesday, November 19th at 8PM EST. I will HYPERLINK you to the registration page.
Good luck. Hope it helps. See you on the next video.
Hubert.
