Much like poker, trading is a game of risk to reward. I dont play much poker, but from what I understand the guys sit at the table, folding hand after hand until they get a pair that gives them a very high probability chance of winning the pot. And when that pair comes along that puts the odds in their favor, thats when they put their money in play. As traders, we are doing the same thing.. over and over again each day. We look at hundreds of charts and pass on trade after trade until one comes along that gives us excellent odds of making money. When we find that chart that fits our strategy, we trade it. The difference is that in poker you can’t always deal yourself aces.. 🙂
At bulls on wallstreet we teach traders a handful of setups that have overtime proven to have great risk/ rewards. Those are the trades that we take everyday and that is why we are succesful. The last week, kunal has hit at least one huge trade every single day. As I went back and reviewed each of the trades, none of them deviated from the strategy and thus they are all aces in the hole… Take a look..
SGOC- caught this stock first thing in the morning in at 2.43 sold 2.9 and 3.5. Huge 30% gain on the trade. Classic bulls method setup mapped out for subs. 3000 shares = $2,206
GTIM- classic bulls breakout pattern.. we added the stock at 3.39 1300 shares out 3.75 and 3.92 = $578
CLNT- added 4.44 sold off at 4.64 and 5.12.. 2000 shares = $880
Then there was today, Thursday and we played $clnt. We bought the stock at 5.62 and sold 6.06 a few minutes later. Same strategy taught in this blog here. You take very little risk buying 2000 shares and make $900 bucks and you have already almost doubled your daily goal.
So in 4 days, with only one simple play, you make $4,564 dollars.. and you had very little risk involved. If you know the strategy behind the play then you know where you are going to stop and exactly how you plan to play these setups. So that my friends is how you trade and that is how you deal yourself aces! Nice work guys.