Hubert Senters here.
Had a question from Max. Max this one’s for you brother. Let’s take a look here where would I tell my stop-loss if I have a potential bond that’s going up that we’re in? This is the one we did earlier so my potential risk here on this one was $156.25.
And now that I’m up $843 I want to trail that stop-loss. I don’t want to trail it too tight so you know like $146, 15/30 seconds. Maybe $116 but I’m really ok with just locking in $125. And then if it comes down here it’s not so much that you lose that money it’s a lost opportunity because you didn’t make it.
But you don’t own anything until it’s in your pocket so in this case I would trail it up to about right here or right there and then to see if we can have two or three more days and potentially turn this $156 of risk into potentially, you know, $2000, $3000, $4000 or $5000. That’s what I’m looking for.
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Good luck. Hope it helps. And I’ll see you on the next video.