TRADING TIPS

What it Takes to Do This

Hubert Senters here.

Your job as a professional trader or an aspiring professional trader and my definition for an aspiring professional trader is slightly different than that most people’s.

If you’re trying to make more money than you’ll lose and trading that’s an aspiring professional trader.

So your job believe it or not is not that complicated. It’s fairly easy. You have to figure out where the money is flowing.

And if the juice is worth the squeeze. So that means if the indexes are sideways the way they are right now if you look at like the Nasdaq.

Nasdaq it’s kind of going up. When you look at the Dow. The Dow is a little bit more. It’s not really ranging well for you.

And what you have to do is you got to go some markets and some of your stocks. If your stocks are not moving you’re going to have to trade different stocks.

In this case scenario, I’ve traded a lot of futures. I trade a lot of stocks. I would focus on the open market and stay away from the indexes because there’s more money flowing into the oats here.

And it’s technically a better trending market right now or all focused on a high risk, high reward trade setup like a camera trend trade and the bonds and like the 10-year.

And then I can do stuff like so it is the risk worth of reward. Always think about the risk first versus the reward.

And if you do that and if you focus where the money is going you’ll have a decent shot of doing this business but you do have to keep it that simple.

A lot of you are choosing smart for your own good. You want a confirmation of confirmation. It just makes harder to do that.

Some of the most wealthiest and successful people I know are just super dead simple. They keep things simple.

They don’t want to re-complicate them because the simpler it is the easier it is to replicate. But you do have to evolve and get better overtime.

I’m going to be doing a webinar this weekend on The Mother Of All Bubbles. I pull this out the archives only when I think the market is potentially about to roll over in the near future.

And I’m going to show you how to get prepared for that because if you do not learn from the past you’re going to repeat history.

So The Mother Of All Bubbles is going to be Saturday, August 7th at 10AM EST. I’m going to HYPERLINK you to the registration page.

Good luck. Have a great weekend. See you on the next video.

Hubert.

 

1 Comment

  1. B

    Definitely agree w super dead simple. The ONLY things I trade now are spy and qqq options on 0dte days. There’s always a 100% or better trade on those days if I can catch it, and I’m happy with 30%! I don’t always win, but I win enough to make a good living at it.

    Reply

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