August 02 | What the heck is a Fibonacci retracement?

Daily Trader Talk Newsletter
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Hey Trader,

In this latest video update, Josh Martinez gives some trading tips on how to use Fibonacci retracements to help you find better market entries and exits.

Fibonacci retracements are indicators that use a high and low price to help predict a future market price point. Josh explains how he uses Fibonacci retracements to help him find market entries and exits.

If you want to up your trading game, you'll want to check out what Josh has to say about Fibonacci retracements now!

THE NEWS DESK

Will the infrastructure bill kill digital currency?

Regulatory language could cause major headaches for the market

Why NVIDIA stock popped today

NVIDIA has some good news about AI

Tesla soars past the $700 mark

Optimism toward the EV market is helping push Tesla's stock higher

Can you spare a few minutes?

That's all it takes to potentially start earning an extra $400 to $1,000 per day. Josh Martinez is showing ordinary investors how to access a little-known portal in their brokerage account to potentially amass a quick fortune. A minimum average investment of $500 could potentially generate a $50,000 payout! Get the details here.

WORDS TO TRADE BY

"End trades when it is clear that the trend you are profiting from is over."

― Jesse Livermore

You've thought about every trade you want to make and have created a trading plan to make them happen. Once the market has confirmed your idea about your trade, it's time to dive in.

What's important is that you keep an eye on the current trend. If the market begins to go against your original trade plan, be ready to take action.

Once the information that confirmed your original buy-in no longer supports your trade plan, it's time to close your position. That will minimize losses and help you maintain a profitable account!


Keep Trading,

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Hypothetical or Simulated Results

Our educational products rely upon hypothetical or simulated performance results. These results have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

There is a very high degree of risk involved in trading. For our full disclaimer, visit: http://tradersagency.com/risk-disclaimers

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