Hubert Senters here.
Let’s take a look at the 10 year note. I’m currently short the 10 year note around this area right here at $133’17.
And I notice that it failed pretty good here. And then I let it bounce and then I short it and now I’m holding through this drop this retracement and now I’m getting another retracement.
As long as it didn’t get too close to my initial target. I’m okay with it. Now, I have trailed the stop down into the profit so I’ll lock a little in because psychologically you never want to turn a decent profit into the smallest loss because it will just freak you out emotionally.
And you’ll start coming apart as it seems and then you’ll start digging deep holes of bad trades and it just compounds the situation so.
There’s two really popular bond markets that I recommend people start out with. I’m starting with the 10 year note.
In most platforms it’s going to be ZN is going to be the 10 year. This one you can use a 10 ticks stop loss and usually not get stopped out very often.
And that’s you’re only risking about a $156 or so on that trade. The 30 year is a little bit thicker and you have to use like a tighter stop loss like 5 tick stop loss but it will wiggle you out more than the 10 year well.
So if you’re looking at bonds and notes I would start with the 10 year in my opinion. It’s just a little bit easier. It’s a little bit more methodical in nature and you’re less likely to get wiggled out of.
It doesn’t make just weird wild moves anyway. Once it gets the trend to establish it’s fairly predictable. There’s nothing predictable in the markets but you can see like down retrace.
So that’s what you’re looking for. Now, there’s several other bond markets you can trade. There’s the 2 year, the 5 year, the 10 year, the 30 year. There’s the ultrabond, there’s the bund.
My two favorites. I have three favorites. The 10 year note, the 30 year bond and the bund but not everybody has access to the bund. It depends on whether your broker will allow you to trade that or not.
I’m going to be doing a special live webinar on How I made $6,281.25 in 10 days Risking only $312.50. This is just me holding a longer trade.
It’s super simple. The webinar that I’ll probably change the title into the next couple of days is how to make a thousand dollars risking only $156.
It’s going to be the same webinar just changing the titles both are true. I’ll show you how to do both before you try to make $5,000 or $6,000 in one or two trades you should probably learn how to risk $150 to make a thousand dollars first.
You do that three or two times and then you can expand what you’re used to.
Good luck. Hope it helps. I’ll HYPERLINK you to the registration page.
Hubert.
