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- Gotta start using the bracket order š
Gotta start using the bracket order š
You can thank me later
*BlackBox Sale š I Follow JW on X I Bishop on X I Bond on X
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š„BOOOOOOM ā MRAI Monsterš„
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Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.
If you missed it, thatās your bad ā donāt miss JWās next MONSTER š¹
Hey Folks!
Last week proved a difficult market to trade, for sure. After chopping sideways for most of the week, everything melted up into Fridayās close.
The question is: Why?
If you only look at stocks, then you would think weāre in a fresh bull market. But, if you look under the hood at the economy in general, things donāt look good at all.
Consumers are gloomy about the economy and persistent inflation. All eyes are on earnings and the next government shutdown showdown next weekā¦
And ā¦ THIS šdropped conveniently on Friday after the market closed:
āBREAKING NEWS: MOODYāS CUTS USA OUTLOOK TO NEGATIVE, CITING HIGHER INTEREST RATES AND DEFICITSā
Actually, I know exactly why markets melted up ā theyāre seeing something POSITIVE in a potential government default. Say what, Jeff???
Iāve been talking about the ridiculousness of this in my new X account (PS donāt judge me for only having 30 followers, it took me two months to navigate the Twitter maze)!
In this upside-down market, investors have consistently been making hay on the bad and sulking in the corner on the good.
No matter how backwards that is, Iām not letting that stop me from trading.
After all, what are we going to doā¦not trade?
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/dbf37c07-b3f7-41d3-ac2f-9a4fc6976e4c/giphy-6.gif)
Yeah Sammy J, what?!?
Because of all the craziness, I am NOT finding a lot of success lately with my preferred method of holding positions for a week or more. Stocks are moving too violently during the day, so I am modifying my strategy just a tad for the time being.
With markets moving so quickly, I am still relying on my core option selling strategy, but I am looking at making trades I can hold for hoursā¦ not days.
While I might go a full day without looking at positions I am holding for weeks at a time, I have a rule about day trading: I donāt leave a day trade unmonitored.
Things are too wild during the day, and just stepping away for a few minutes can lead to a big loss if Iām not careful.
When I want to set up a stop loss for a trade, but also grab a profit on it, then I use what is called a ābracketed trade.ā
With this type of trade, the system will automatically trigger my order for whatever happens first.
I took a screenshot of the trade I made this week as an example for you of how that works.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/b7871dd6-53e4-4a91-bf87-3e2da62104fe/Untitled.png)
Using this type of trade, I can still use my same, high-probability type of trading. I just condense the outcome to hours, instead of days.
You can see that I set up the order above to either have a 45% stop loss or a 45% profit (fortunately, the profit side hit!).
By doing this, I am pairing what I already know is a high-probability type of trade with what I think is a high-probability technical setup.
I have been winning more than 70% of the time on these trades if you look at my trading journal (contact Jeff Brown at [email protected] for free access to that journal!)
This means that if I set both my stop loss and profit targets to the same amount, then the math says I should make money over time ā and thatās exactly what I can do using a bracket order.
That is why I am so eager to set these trades up often!
Members in our live trading room, like my buddy Charlie, are starting to get the picture tooā¦
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/30b56961-ab05-475f-b476-57bc302e6061/Screenshot_2023-11-10_at_5.41.11_PM.png)
āGotta start utilizing the bracket orderā¦ā ā Yes, Charlie!
If you want to take advantage of an incredible guarantee that I have on my Alpha Hunter program ā now is the time to join.
Not only have I knocked the pricing way down, but for the first time ever, I am guaranteeing that youāll have success with this strategy.
Itās almost a crazy promise, but I am so confident that Alpha Hunter will work for you, that I am willing to make this offer to you.
Just click here to check out the deal.
I just launched this on Friday, and seats are filling up fast.
I am only allowing 50 new people to get access to this special offer ā so you better make a move on it!
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/d98f422a-5e1e-4baf-8cd1-cf18d1546ec1/Jeffsig.png)
P.S. BlackBox* is having a Black Friday Sale (which I had to ask my wife, isnāt it usually AFTER Thanksgiving??? But nonetheless here is the special link that Iām told expires SOON (before āactualā Black Friday)!
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