March 30, 2012
Day trading strategy uses fake-out breakout for Friday Profit
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This morning was an excellent example of exactly why I love being a professional trader. We started this morning knowing its Friday, but not your average Friday, no. Today was a Friday your mama warned you about when you were a kid. ‘Stay away from this Friday, it’s nothing trouble’. As you know, we trade Friday’s very well each week, and we never back down from a challenge in our favorite markets, however, today was different.
The end of the week…nah…how about the end of the month? Wait…it’s the end of the quarter, and not just any quarter, the first quarter, when EVERYTHING hits the skids and everyone from professional traders to Grandma and Grandpa are distracted with things that ONLY occur this time of the year. In my opinion, the end of March and the first week of April are ALWAYS the most challenging for many reasons, and we took time this morning to discuss those reasons today in our live trade room.
This morning we used another simple day trading strategy to look for the highest percentage trading opportunities, with low-risk and high-reward trades that earned us 80 ticks of profit and 1 monster Fast Track Method winner that EVERYONE, members and guests were able to trade tick for tick with us.Click here for the Complete Recap from today’s Live Trade Room
