Hubert Senters here.
Let’s take a look at some potential bracket trade. So in amidst of earning you’re going to see a lot of this stuff. My advice to you is don’t fall for it. The gap up on Twitter is going to make you like man, I should have gotten Twitter before. Now, what am I going to do? So, here’s how I like to play it. It’s not the only way to play it.
There’s a half million different ways to make money in the market. And there probably a billion ways to lose money in the market.
What I do is I let it gap up or down. We’ll give you two trades. I’m going to give you Twitter bracket trade because it looks like it may go higher. But it could go lower. What I do is I don’t judge it which is hard because a trader kind of judging everything in the wrong time. What I’m going to do is I’m going to put a trade around it.
If it goes above the high of today which is around $50.57 I will get long. If it goes below of today which is about $48.83 then you can potentially get short. Now, you can have this order. Once it fill kill that order if you got the ability.
Some software will do it. Some others won’t. As soon as you get filled you’re going to have a stop and a target. You don’t know which way it will go so I’m going to give you two of them Twitter and if it goes higher.
The only thing you have to be aware of is are you going to trade this thing a trade through $50.57 or a close above $50.57.
And there’s a difference so a trade would just go through that touch it and then come back. A close is going to close above that. Now, the next one is going to be Netflix.
This is also going to be a bracket trade. We’re going to let all this pent up fear, frustration and greed right there and get everybody else. And we come in here and pick up the pieces. Potential long above $506.64. Potential short below $488.
Good luck. Hope it helps. See you on the next video.
Hubert.
