I agree he explained what I knew in my head to do .We are in a Market filled with sharks that will eat your profits in the blink of a eye. I get my money 💰 and get out of the water.
I've been following you Markus for years, got PX probably 20 years ago, finally in a position to get serious about trading and love your energy and simple explanations, you're the best!
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do....
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do....
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
Thanks sir, I am learning lot from your channel. My math: 1) Take 1/3 position initially with stop loss. 2) If stop loss hits then i can lose only 1/3 from my 2% risk. 3) but if trade goes into my direction then i will add 2/3 of my position. 4)Now at certain point i will take half of my profits and move stop to break even. is this good or bad approach?
Sounds like you are trying to make things too difficult! ;) I like to keep things simple (in my experience this works best). I enter a full position and know exactly where I will exit (for profit or loss). Once you have this down, THEN you can make things more complicated...but only if you've tested it and proven that it helps! :)
I’m new to trading. I started with a $1000 and am learning as I go. I’ve had some big fails along the way and it wasn’t until last night that I built a spread sheet to see exactly how I’m doing. When I look at commission fees and my profit/loss I am shocked at how fees add up and losses I forgot about are still part of my journey. BUT, my leaning is evident in time and experience. Your video will be super helpful in controlling the game. Home runs are great but I have to learn to take profits while they are available and not cry when I do take profits... and the stock still climbs. Thanks Markus H. I knew there had to be a strategy for managing risk. I do have one question. Maybe it’s a novice one but I’ll still ask... 2% doesn’t give a lot of room before some stocks would trigger a sale. When I purchased MARA or LCA these fluctuate a little before they climb. Both would probably be automatically sold at the 2% stop loss threshold. Do you buy back in if your convictions are high enough? And at what level?... assume as low as possible? Thanks.
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do....
Great video, thank you for sharing. What do you like to do if the stock moves parabolically up after you take the first half off the table? Any stop management ideas if it shoots past your target?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do.....
The first part is clear. Take 50% off the table after 2 x risk. But what happens if price doesn’t hit the second profit target? Do you just leave it until you are stopped out?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
I applied what you said, reluctantly though I must admit, but I found the take on the profit to reduce risk. It also meant I was a lot more relaxed with my remaining position. Sold them off at a profit later and came out ahead. I feel like it has made me more disciplined with my execution. I still do not use the stop loss fxn. Thank you.
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
I hope you will make a video on how to get your money back when the trend is going down. Should I take out half to lower my risk? And how do I sell the remaining bit by bit to get my original investment?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
ok so now the question is how do i set a stop and take profit order at the same time? my platofrm and i can only do one or the other. so if i set my stop i might lose out on the profit and vice versa. thats where im stuck on
Greetings mate, this is Very Insightful content However personally I feel, those who would allow the market dynamism determine when to trade or not are either new in stocks / crypto currency world in general or probably just naive, stocks and crypto currencies have seen far worse times than this , Enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions. I know doing Technical Analysis can be quite difficult which is why most newbies / traders neglect day trading their coins and stick to Hodling which is very dangerous as when the market goes bearish, they loose their investment. 'The strongly advise any newbie / traders to buy the dip and seek help from not just any trader but an established trading expert with at least 89% trade accuracy. I underwent series of trading loses'd best not talk about before l was introduced to trading analyst Mr.Elvis Hercules My contact with him has been the Hallmark of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 13k to 50k in just 5 weeks. I wil | advice traders esp newbies to have orientation of trading before they involve in it. Mr. Elvis makes you learn daily while you make profit with his signals. He can be contacted, at (elvishercules48@gmail.com)
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do...
Greetings mate, this is Very Insightful content However personally I feel, those who would allow the market dynamism determine when to trade or not are either new in stocks / crypto currency world in general or probably just naive, stocks and crypto currencies have seen far worse times than this , Enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions. I know doing Technical Analysis can be quite difficult which is why most newbies / traders neglect day trading their coins and stick to Hodling which is very dangerous as when the market goes bearish, they loose their investment. 'The strongly advise any newbie / traders to buy the dip and seek help from not just any trader but an established trading expert with at least 89% trade accuracy. I underwent series of trading loses'd best not talk about before l was introduced to trading analyst Mr.Elvis Hercules My contact with him has been the Hallmark of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 13k to 50k in just 5 weeks. I wil | advice traders esp newbies to have orientation of trading before they involve in it. Mr. Elvis makes you learn daily while you make profit with his signals. He can be contacted, at (elvishercules48@gmail.com)
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
Let’s say the profit target is 3 x ATR as in the Power X strategy book. A common scaling out strategy would then be to take 50% off the table as the first target is reached and then bring the stop to break even, and then perhaps set another profit target of a further 3 X ATR (6 x ATR from the original price). So if 1 ATR = 4 dollars, 3 x ATR = 12 dollars (first target). Let’s say I have 10 stocks. If the first target is reached and I take 50% off the table, then I will take a profit of 60 dollars and bring the stop to break even so I can’t lose on the trade. The problem is though that the second target of 6 x ATR will have to be reached to get another 60 dollars profit because the position size has been reduced by 50%. This is the same total profit (120 dollars) as if the whole position was closed at the first profit target. This makes no sense as price has to travel twice as far to make the same profit. It only works out if price travels further than 6 x ATR as in the example. But how likely is that? I don’t know the answer to that but if it’s less than 50% then long term this doesn’t work out. I’d rather stick to the profit strategy in the book - a 100% profit take after 3 x ATR. An interesting alternative might be to just place a buy trade and then let it run until the first Power X red bar occurs. I haven’t tested it out but it looks very promising on a lot of momentum stocks that are trending up.
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
Good advice. 👍 When taking profits, how do you know when to take an entire profit (sell 100% of the stock) or partial? I'm using a great strategy and my stock may likely reach 100-150%, so if I sell some of my original position atleast I have a chance of still enjoying the likely future bump. Thoughts?
Do you ever sell enough to hold a small position in a stock, which would essentially be a free position for a long term play? Ex 100 shares XYZ Sell 90 shares to recoup your investment + small profit Hold 10 shares for free and play a long position on them Thanks for your videos
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
When I first started, My biggest problem… is I get extremely bad FOMO on a running stock.. when I take profits of let’s say 10% and then it runs for another 10-20% I get hung up on it, then my next trade I set higher expectations and more of a risk and I end up losing the profits I took on the previous trade. Staying disciplined to your strategy and managing your risk is so unbelievably important. This video is such a home run of an explanation. Definitely subscribed👍🏼
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
My problem always ks this, as soon as I invest some money, the price starts going down and then takes forever to recover. So in this scenario, it is worrisome that my stock loss will be reached before any chance of profit. Do you have any tips on how to get a good sense of whether the price will go up or down right after investing?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
Markus, this is awesome. Very good tips. When I first came across this channel, I was actually doing a search for the Bee Gees musical group. I guess your video came up cause you look a lot like the lead singer. :) One question, do brokers allow you to set two orders simultaneous'y, one to sell at the target and one to sell at the stop loss? Also, is it possible to implement an algorithm to do your buys and sells automatically, like for example buy when MACD is at a certain level and sell when Stochastics and RSI are at a certain level, or sell when price crosses below a MA and CCI is under 80
Great video thank you, but I still have a million questions about certain details. 1) When you say risk only "2% of your account," what does that mean exactly? Let's say my total "account", all my positions and holdings, are valued at 27,000 on the day. Does that mean that the next trade I enter, I would risk a maximum of $540 (2%)? Also, around 5:38, you are still looking to make $10 when it is at 104. You mean you are hoping the 104 goes up to 114 right? To get the $10 on the remaining 50 shares?
@@garyjustin2066 Haha thanks.. I always have very specific questions. I can only imagine what it would be like to have someone by your side the whole time.
Hi Markus, thanks for the video. Would you say this is an advanced version of the golden rule (sell all the shares for profit at double the risk), and is better?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do...
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
Yes, you can do that. There are many ways to exit the market. I personally like to use TWO profit targets - as I explained in this video. But you can use 3 or more and use the same principles. Does this help?
Your strategy is based on the fact that the stock moves up to at least half the target price. But what if it doesnt. What if there is some news that prevents the uptrend from continuing? Or what if short sellers keep pushing the price down and keep it down until you get so tired that you decide to sell at a loss?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do...
If I have 140 shares and have a profit of $130.00 during the day and want to take my profit, is it OK to sell just enough shares that equal the profit? My buy in cost was $11.41, so I sold 11 shares to recoup the profit, is this create any problems?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do....
I understand the strategy and I agree it's simple math and the easiest way to take the least amount of risk, but with only having 3 day trades per week this is difficult to maximize your profits no? You could essentially use 2 DT's pretty quick? I'm very new to trading, and I'm trying to grasp it rapidly lol.
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do.....
Hi Marcus , great video. Just want to ask you. Aside from the 200 dollar that you've made, how about if the second 50 shares doesn't reach the target profit. Let's assume the price goes up to 106 and then retrace back. Would you take the profit as soon as it retrace to 105 or do you wait until it reaches the target? Thanks before
Hi Willi, once I hit the first goal, I cut my stop loss in half. This way I can't lose on this trade any more. And now I wait until I either hit the 2nd profit target or the stop loss. I don't like to "overmanage" my trades. In the past, overmanaging trades always got me in trouble because I make it too complicated. Does this help?
@@rockwelltradingservices yes. It helps a lot. Thx markus. This strategy would be my edge beside risk reward ratio and yes overmananaging trade could be a nightmare for our trade
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do....
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
Hi Markus, nice video. Now, how would you tackle overnight declines? For instance, when you set your Stop-Loss at $99 for the remaining 50 shares but the stock price opens at say $90 the following day, obviously not allowing your stop-loss trigger to fire at the $99 set price
Hi Jesus, great question. First of all, before I trade a stock, I check for gaps. If a stock had a lot of gaps in the past, I won't trade it. Because if it had gaps in the past, it's likely that it will have gaps in the future again. Of course, this just limits the possibility of a gap, it doesn't eliminate it. Gaps can happen, and in this case, you would realize a larger loss than you anticipated. Not much we can do about it. Does this help? 😀👍
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do...
stop loss -2% get killed quickly. and +5% price target less likely happen than stop loss. so here is assuming you guessed the uptrend right, if everyone can guess it most of the time then everyone will be rich already
If I want to take a profit but don't want to sell all my shares, e.g. 100 shares at 50.00 and I have a $1000 profit, do I just sell 20 shares for the profit and keep 80 shares?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
So 2% stop loss, sell price target 10% gain. With a moving stop loss of 1% after 50% sell at 4% gains. Sell remaining 50% at target 10% gain. Moral of the story sell when you get profits to reduce risk asap. Needed to hear this! Thanks!
Greetings mate, this is Very Insightful content However personally I feel, those who would allow the market dynamism determine when to trade or not are either new in stocks / crypto currency world in general or probably just naive, stocks and crypto currencies have seen far worse times than this , Enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions. I know doing Technical Analysis can be quite difficult which is why most newbies / traders neglect day trading their coins and stick to Hodling which is very dangerous as when the market goes bearish, they loose their investment. 'The strongly advise any newbie / traders to buy the dip and seek help from not just any trader but an established trading expert with at least 89% trade accuracy. I underwent series of trading loses'd best not talk about before l was introduced to trading analyst Mr.Elvis Hercules My contact with him has been the Hallmark of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 13k to 50k in just 5 weeks. I wil | advice traders esp newbies to have orientation of trading before they involve in it. Mr. Elvis makes you learn daily while you make profit with his signals. He can be contacted, at (elvishercules48@gmail.com)
How can you expect 10$ move in any stock while day trading….. that’s too much 5:1 ratio….. You explain well but price targets are too high it’s not going to happen every week or even month.
Hey Markus, I have a question on your three indicators. What do you mean when you said you will buy a stock if you see the RSI and Stochastic above 50 with MACD also above the yellow line? How far should the above 50 be? Will you still buy if you see above 50 around 55, 60, 70 etc. Thank you.
So if I have 1050 shares @ 28.11 and the stock is say 50.00 How do i take profit and still stay in ?? i think this company will go to 150 some day . I would like some profit now though. Thank you .
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
OK :) But if the stock keeps going up you could have made double the money... and if you are out of a GOOD stock, you will need to buy at a higher price... So you sell and wait for the next Drop to buy again?
Good point. However, remember that we're playing the odd. And based on my experience it's always a good idea to take money off the table while it's there. These days, stocks can turn around on a dime. And as you said: You can always buy the stock again after a small correction. Always remember: Nobody ever got broke taking profits. Making sense?
You did a video about powerx..could you please make a video about manual exit from a trade.. I mean, is there any idea in stochastic or macd to exit the trade.. Your powerx analyser is automatically saying when to exit.. Can you do a video about manual exit indication from macd or stochastic.. Thank you in advance... I studied when to enter and I don't know when to exit... Please sir this is a request from me..
"I am going to make myself smaller... actually I am going to disappear"
Lol
Thank you for this! Searched up “how to take profit” and couldn’t have asked for a better video. +1 subscriber.
Hi Pedro Rodrigues, thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍
I agree he explained what I knew in my head to do .We are in a Market filled with sharks that will eat your profits in the blink of a eye. I get my money 💰 and get out of the water.
Thank you for a very easy to follow, clear and understandable strategy, that makes perfect sense and dollars! keep up the awesome videos.
Thank you for your kind feedback! ;)
I've been following you Markus for years, got PX probably 20 years ago, finally in a position to get serious about trading and love your energy and simple explanations, you're the best!
Awesome! :) By the way, Lori are you an existing PowerX Optimizer owner?
seems so simple and genius at the same time! THANK YOU!
You are welcome! ;)
This video was incredibly helpful! Thank you so much for the wisdom. I am going to use this in my trades moving forward.
You are welcome! I am glad that this helps! :)
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Thank you very much. I have been thinking on how profit taking works thanks to you now I know
Hi DMQ ISC, thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍
Concentrating on your own profit line, which seems to get lost in the shuffle, is the most important thing. Thank you for pointing that out.
Well said! 👍
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do....
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That sounds like a great strategy. Thanks for sharing!
You are welcome! Hope this helps! :)
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do....
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I like strategy. Thanks for sharing with us!
You are welcome and thank you for watching!
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
Thanks sir, I am learning lot from your channel.
My math:
1) Take 1/3 position initially with stop loss.
2) If stop loss hits then i can lose only 1/3 from my 2% risk.
3) but if trade goes into my direction then i will add 2/3 of my position.
4)Now at certain point i will take half of my profits and move stop to break even.
is this good or bad approach?
Sounds like you are trying to make things too difficult! ;) I like to keep things simple (in my experience this works best). I enter a full position and know exactly where I will exit (for profit or loss). Once you have this down, THEN you can make things more complicated...but only if you've tested it and proven that it helps! :)
Brilliant strategy! As soon as there is profit, take it and reduce the risk.Will apply it tomorrow. Thanks.
I’m new to trading. I started with a $1000 and am learning as I go. I’ve had some big fails along the way and it wasn’t until last night that I built a spread sheet to see exactly how I’m doing. When I look at commission fees and my profit/loss I am shocked at how fees add up and losses I forgot about are still part of my journey. BUT, my leaning is evident in time and experience. Your video will be super helpful in controlling the game. Home runs are great but I have to learn to take profits while they are available and not cry when I do take profits... and the stock still climbs. Thanks Markus H. I knew there had to be a strategy for managing risk. I do have one question. Maybe it’s a novice one but I’ll still ask... 2% doesn’t give a lot of room before some stocks would trigger a sale. When I purchased MARA or LCA these fluctuate a little before they climb. Both would probably be automatically sold at the 2% stop loss threshold. Do you buy back in if your convictions are high enough? And at what level?... assume as low as possible? Thanks.
I’m interested in this as well? Do you go back in?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do....
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Great video, thank you for sharing. What do you like to do if the stock moves parabolically up after you take the first half off the table? Any stop management ideas if it shoots past your target?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do.....
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I see how this can be beneficial.
I am glad I read this early in my trading career.
Hi Freecheese, thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍
Nothing like taking advice from Jesus.
Lol😃
You mean Barry Gibb from the Bee Gees. 😉
@@ltz888 LOL
😂😂😂😂😂😂
The first part is clear. Take 50% off the table after 2 x risk. But what happens if price doesn’t hit the second profit target? Do you just leave it until you are stopped out?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
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I applied what you said, reluctantly though I must admit, but I found the take on the profit to reduce risk. It also meant I was a lot more relaxed with my remaining position.
Sold them off at a profit later and came out ahead. I feel like it has made me more disciplined with my execution. I still do not use the stop loss fxn.
Thank you.
Thanks for letting me know. And yes, I have found the same: Having a profit target makes trading more relaxed 😎
Thank you so much for explaining this so simply you just gained a follow you get straight to the point !
I am glad that you like it. By the way, what is the best lesson you learned from the video?
How do you decide whether a stock will be a stock that you trade vs. a stock that you'll hold long term?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
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I hope you will make a video on how to get your money back when the trend is going down. Should I take out half to lower my risk? And how do I sell the remaining bit by bit to get my original investment?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
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Best content I've ever heard about taking profits. Thank you , Thank you. Thank you. My mind and strategy is finally aligned.
Awesome! Thank you for watching!
ok so now the question is how do i set a stop and take profit order at the same time? my platofrm and i can only do one or the other. so if i set my stop i might lose out on the profit and vice versa. thats where im stuck on
Greetings mate, this is Very Insightful content However personally I feel, those who would allow the market dynamism determine when to trade or not are either new in stocks / crypto currency world in general or probably just naive, stocks and crypto currencies have seen far worse times than this , Enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions. I know doing Technical Analysis can be quite difficult which is why most newbies / traders neglect day trading their coins and stick to Hodling which is very dangerous as when the market goes bearish, they loose their investment. 'The strongly advise any newbie / traders to buy the dip and seek help from not just any trader but an established trading expert with at least 89% trade accuracy. I underwent series of trading loses'd best not talk about before l was introduced to trading analyst Mr.Elvis Hercules My contact with him has been the Hallmark of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 13k to 50k in just 5 weeks. I wil | advice traders esp newbies to have orientation of trading before they involve in it. Mr. Elvis makes you learn daily while you make profit with his signals. He can be contacted, at
(elvishercules48@gmail.com)
Been looking around - this is the easiest risk management video I've seen! Thank you! Will be putting this into practice!
You are welcome! I am glad that this helps! :)
Exactly 💪🏿💪🏿💪🏿💪🏿💪🏿
Hi wow. Another tip i should have learnt at the start! What strategies can be adopted to calculate a profit target on a stock?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do...
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This is 1:1 profile taking strategy I am into 1:3 at Minimum is thta too much of risk when the technical are in your Favour
Brilliant!!!...I'm really enjoying your channel 👌👍
Thank you!
If our total return is $150 should we sell $150 worth of the stock???
Greetings mate, this is Very Insightful content However personally I feel, those who would allow the market dynamism determine when to trade or not are either new in stocks / crypto currency world in general or probably just naive, stocks and crypto currencies have seen far worse times than this , Enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions. I know doing Technical Analysis can be quite difficult which is why most newbies / traders neglect day trading their coins and stick to Hodling which is very dangerous as when the market goes bearish, they loose their investment. 'The strongly advise any newbie / traders to buy the dip and seek help from not just any trader but an established trading expert with at least 89% trade accuracy. I underwent series of trading loses'd best not talk about before l was introduced to trading analyst Mr.Elvis Hercules My contact with him has been the Hallmark of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 13k to 50k in just 5 weeks. I wil | advice traders esp newbies to have orientation of trading before they involve in it. Mr. Elvis makes you learn daily while you make profit with his signals. He can be contacted, at
(elvishercules48@gmail.com)
Learning to understand profit now. Thank a lot.
You are welcome! I am glad that this helps! :)
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
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Is the formula the same for a £5000 investment or do I need take profits from a lower figure?
Let’s say the profit target is 3 x ATR as in the Power X strategy book. A common scaling out strategy would then be to take 50% off the table as the first target is reached and then bring the stop to break even, and then perhaps set another profit target of a further 3 X ATR (6 x ATR from the original price). So if 1 ATR = 4 dollars, 3 x ATR = 12 dollars (first target). Let’s say I have 10 stocks. If the first target is reached and I take 50% off the table, then I will take a profit of 60 dollars and bring the stop to break even so I can’t lose on the trade.
The problem is though that the second target of 6 x ATR will have to be reached to get another 60 dollars profit because the position size has been reduced by 50%. This is the same total profit (120 dollars) as if the whole position was closed at the first profit target. This makes no sense as price has to travel twice as far to make the same profit.
It only works out if price travels further than 6 x ATR as in the example. But how likely is that? I don’t know the answer to that but if it’s less than 50% then long term this doesn’t work out. I’d rather stick to the profit strategy in the book - a 100% profit take after 3 x ATR.
An interesting alternative might be to just place a buy trade and then let it run until the first Power X red bar occurs. I haven’t tested it out but it looks very promising on a lot of momentum stocks that are trending up.
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
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Makes sense.. brilliant but practical🎉
Thank you for watching!
At start was bumpy of how to do this.
The video helps with me with risk management and gains.
Thanks
Awesome! Thank you for watching! ;)
Thank you! Just the concept I was looking for!
You are welcome! I am glad that this helps! :)
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
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simple & smart, tnx
Good advice. 👍
When taking profits, how do you know when to take an entire profit (sell 100% of the stock) or partial?
I'm using a great strategy and my stock may likely reach 100-150%, so if I sell some of my original position atleast I have a chance of still enjoying the likely future bump.
Thoughts?
That is great. Do what works for you! ;)
You sell off the total investment from the profit if the stock investment was 100$ and you profit 100$ sell 100$ off . Let the pony ride
But if you invest and then the stock goes only down, this ?
Do you ever sell enough to hold a small position in a stock, which would essentially be a free position for a long term play?
Ex 100 shares XYZ
Sell 90 shares to recoup your investment + small profit
Hold 10 shares for free and play a long position on them
Thanks for your videos
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
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What if I take the 50% lock in that profit and reinvest in the stock?
I would also like to know the answer too
When I first started, My biggest problem… is I get extremely bad FOMO on a running stock.. when I take profits of let’s say 10% and then it runs for another 10-20% I get hung up on it, then my next trade I set higher expectations and more of a risk and I end up losing the profits I took on the previous trade. Staying disciplined to your strategy and managing your risk is so unbelievably important. This video is such a home run of an explanation. Definitely subscribed👍🏼
I am glad that this helps. 😊
It really works great!!!! (On paper 📃)
I appreciate your knowledge and the time you've given us for free on here. I subscribed.
Awesome! Thank you for watching ;)
Sorry for the question but I’m new to stocks and this vid was extremely helpful but is this an example for options or just trading stocks
After selling half and taking profits - can u buy back the stock later?
Great question, and the answer is "of course!"
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
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My problem always ks this, as soon as I invest some money, the price starts going down and then takes forever to recover. So in this scenario, it is worrisome that my stock loss will be reached before any chance of profit. Do you have any tips on how to get a good sense of whether the price will go up or down right after investing?
market cipher
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
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Markus, this is awesome. Very good tips. When I first came across this channel, I was actually doing a search for the Bee Gees musical group. I guess your video came up cause you look a lot like the lead singer. :) One question, do brokers allow you to set two orders simultaneous'y, one to sell at the target and one to sell at the stop loss? Also, is it possible to implement an algorithm to do your buys and sells automatically, like for example buy when MACD is at a certain level and sell when Stochastics and RSI are at a certain level, or sell when price crosses below a MA and CCI is under 80
Finally was able to find a good strategy appreciate you grateful for you sharing !!!
Hi Keith Ramirez, thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍
Great video thank you, but I still have a million questions about certain details. 1) When you say risk only "2% of your account," what does that mean exactly? Let's say my total "account", all my positions and holdings, are valued at 27,000 on the day. Does that mean that the next trade I enter, I would risk a maximum of $540 (2%)?
Also, around 5:38, you are still looking to make $10 when it is at 104. You mean you are hoping the 104 goes up to 114 right? To get the $10 on the remaining 50 shares?
Almost correct: I'm trying to get $14 on the remaining 50 shares: The initial 4 and then the ADDITIONAL 10. Making sense?
@@garyjustin2066 Haha thanks.. I always have very specific questions. I can only imagine what it would be like to have someone by your side the whole time.
Great video
Thanks
Thank you! :)
Hi Markus, thanks for the video.
Would you say this is an advanced version of the golden rule (sell all the shares for profit at double the risk), and is better?
Yes, it's a more advanced version, and THIS is the one that I personally use in my trading. Does this help?
@@rockwelltradingservices , thank you. That makes a lot of sense.
I like the way you explained this, thanks!
Hi dworkx1, thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
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This is the best explanation I’ve seen so far..
Thank you 🙏
PS- Nice hair 👌
Thank you! 😊
Yeah but what about if It dips right to your stop loss trigger then skyrockets?
This is about minimizing risk, that is the chance you take. Try to buy coming out of dip or take a company you believe in and buy and hold
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do...
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awesome explanation! thank you
You are welcome! I am glad that this helps! :)
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
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Thanks u confirmed another strategy I honestly cooked up myself,but u fined tuned it so well for me!! Thanks again$$$$$$
Hi Major Vibes, thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍
Hi, a 10% gain seems volatile unless you're talking about a very long time-frame. How often do you get stopped out at 2% loss?
Sweet strategy!
Thank you!
This is good. What about taking it to the next 50%? If you take 50% again when you hit 110, then move again your stop loss to 104?
Yes, you can do that. There are many ways to exit the market.
I personally like to use TWO profit targets - as I explained in this video.
But you can use 3 or more and use the same principles.
Does this help?
👍nice straight and simple thanks
Thank you for watching! :)
Your strategy is based on the fact that the stock moves up to at least half the target price. But what if it doesnt. What if there is some news that prevents the uptrend from continuing? Or what if short sellers keep pushing the price down and keep it down until you get so tired that you decide to sell at a loss?
The drawing was very useful. Thanks.
Awesome! I am glad that this helps.
I don't understand what you said but i love it!🤭
Lol! Thank you for watching.
How do you take profits if you start out dollar cost averaging and don’t have a lump sum to start with?
HI Sean, what do you mean?
Well done,thankyou for your interesting information. Very good safe trading tactics.
Hi Tracy, thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍
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Thanx again Markus!
You are welcome! Thank you for tuning in!
This was easy to understand. Thanks!
Thank you!
Thank you sir. Excellent explanation. Easy to understand and apply.
Awesome! Thank you for watching! :) By the way, do you know about the PowerX optimizer?
Good for the #purpose of #education in order to make the #begginers think in a way that is essential to #trade #stocks
Wow thanks for your expertise!
You are welcome! Thank you for watching! 😉
If I have 140 shares and have a profit of $130.00 during the day and want to take my profit, is it OK to sell just enough shares that equal the profit? My buy in cost was $11.41, so I sold 11 shares to recoup the profit, is this create any problems?
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do....
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I understand the strategy and I agree it's simple math and the easiest way to take the least amount of risk, but with only having 3 day trades per week this is difficult to maximize your profits no? You could essentially use 2 DT's pretty quick? I'm very new to trading, and I'm trying to grasp it rapidly lol.
Hi Ryan! If you need our help you can check mytradingroutine.com. :)
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do.....
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Hi Marcus , great video. Just want to ask you. Aside from the 200 dollar that you've made, how about if the second 50 shares doesn't reach the target profit. Let's assume the price goes up to 106 and then retrace back. Would you take the profit as soon as it retrace to 105 or do you wait until it reaches the target? Thanks before
Hi Willi, once I hit the first goal, I cut my stop loss in half. This way I can't lose on this trade any more. And now I wait until I either hit the 2nd profit target or the stop loss. I don't like to "overmanage" my trades. In the past, overmanaging trades always got me in trouble because I make it too complicated. Does this help?
@@rockwelltradingservices yes. It helps a lot. Thx markus. This strategy would be my edge beside risk reward ratio and yes overmananaging trade could be a nightmare for our trade
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do....
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Hi , I would like to know , how if I sell only the profit I had make it ?
Great question. You simply "close" the position, i.e. if you BOUGHT a stock, you would SELL it. Making sense? 👍
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
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@@garyjustin2066 get a job scammer
thank you for the video. very helpful
😊 You are welcome! I am glad that this helps!
Thanks Markus
You are welcome! :)
thank you very much for you help. appreciate it!
😊 You are welcome! I am glad that this helps!
Hi Marcus, great video. Thank you so much!
You are welcome! I am glad that this helps! :)
Hi Markus, nice video. Now, how would you tackle overnight declines? For instance, when you set your Stop-Loss at $99 for the remaining 50 shares but the stock price opens at say $90 the following day, obviously not allowing your stop-loss trigger to fire at the $99 set price
Hi Jesus, great question. First of all, before I trade a stock, I check for gaps. If a stock had a lot of gaps in the past, I won't trade it. Because if it had gaps in the past, it's likely that it will have gaps in the future again. Of course, this just limits the possibility of a gap, it doesn't eliminate it. Gaps can happen, and in this case, you would realize a larger loss than you anticipated. Not much we can do about it. Does this help? 😀👍
@@rockwelltradingservices Yes Markus, thank you for taking the time to respond
Any time! Let me know if you need anything else.
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do...
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THANKS FOR THE CONTENT!
You are welcome! I hope this helps.
Awesome video for a newbie like me, Thanks so much!
Hi Eron John, thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍
Now...1 Year later I get it!
Thank you again!
Awesome! Thank you for watching! :)
Clever!!
Awesome! Thank you for watching! :)
stop loss -2% get killed quickly. and +5% price target less likely happen than stop loss. so here is assuming you guessed the uptrend right, if everyone can guess it most of the time then everyone will be rich already
If I want to take a profit but don't want to sell all my shares, e.g. 100 shares at 50.00 and I have a $1000 profit, do I just sell 20 shares for the profit and keep 80 shares?
Yes, you can definitely do that. It makes sense to take profits on SOME of your shares and then try to make more money on the remaining shares. 😀👍
Thx for info sir
You are welcome! :) Thank you for tuning in!
Wall Street bets would have a problem with this sound advice.
Interesting... why is that? I'm just curious. 😀
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
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@@garyjustin2066 stop scamming people
Thanks for this 😀
😊 You are welcome! I am glad that this helps!
So 2% stop loss, sell price target 10% gain. With a moving stop loss of 1% after 50% sell at 4% gains. Sell remaining 50% at target 10% gain. Moral of the story sell when you get profits to reduce risk asap. Needed to hear this! Thanks!
Had a bad habit of holding through spikes
Awesome! Thank you for watching! :)
Great stuff!!!
Hi Rush shot that Media, thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍
Very informative. Thank you.
But...where was the coffee ☕?
Lol! I already drank it! ;)
100 shares at $100, so a lil $10k play. Gotcha.
Greetings mate, this is Very Insightful content However personally I feel, those who would allow the market dynamism determine when to trade or not are either new in stocks / crypto currency world in general or probably just naive, stocks and crypto currencies have seen far worse times than this , Enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions. I know doing Technical Analysis can be quite difficult which is why most newbies / traders neglect day trading their coins and stick to Hodling which is very dangerous as when the market goes bearish, they loose their investment. 'The strongly advise any newbie / traders to buy the dip and seek help from not just any trader but an established trading expert with at least 89% trade accuracy. I underwent series of trading loses'd best not talk about before l was introduced to trading analyst Mr.Elvis Hercules My contact with him has been the Hallmark of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 13k to 50k in just 5 weeks. I wil | advice traders esp newbies to have orientation of trading before they involve in it. Mr. Elvis makes you learn daily while you make profit with his signals. He can be contacted, at
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How can you expect 10$ move in any stock while day trading….. that’s too much 5:1 ratio….. You explain well but price targets are too high it’s not going to happen every week or even month.
Hey Markus, I have a question on your three indicators. What do you mean when you said you will buy a stock if you see the RSI and Stochastic above 50 with MACD also above the yellow line? How far should the above 50 be? Will you still buy if you see above 50 around 55, 60, 70 etc. Thank you.
Hi Nana! I have discussed these indicators in details in my other video: ua-cam.com/video/S-tEO_OGlmA/v-deo.html
So if I have 1050 shares @ 28.11 and the stock is say 50.00 How do i take profit and still stay in ?? i think this company will go to 150 some day . I would like some profit now though. Thank you .
You could sell some of the shares but keep the majority
I will advise you to invest in crypto now the market is favorably with the help of my account manager mr Phillip carter and earn good profits like I do
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good strategy. Thank you
You're very welcome 😃
OK :) But if the stock keeps going up you could have made double the money...
and if you are out of a GOOD stock, you will need to buy at a higher price... So you sell and wait for the next Drop to buy again?
Good point. However, remember that we're playing the odd. And based on my experience it's always a good idea to take money off the table while it's there. These days, stocks can turn around on a dime.
And as you said: You can always buy the stock again after a small correction.
Always remember: Nobody ever got broke taking profits.
Making sense?
Markus are you a day trader?
I do both day and swing trading. 😊
Is there any tutorial that can help me with the day trade strategy?
You can go to this playlist ua-cam.com/video/t577IGfooYI/v-deo.html
Thanks again
Hi Major Vibes, thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍
You did a video about powerx..could you please make a video about manual exit from a trade.. I mean, is there any idea in stochastic or macd to exit the trade.. Your powerx analyser is automatically saying when to exit.. Can you do a video about manual exit indication from macd or stochastic.. Thank you in advance... I studied when to enter and I don't know when to exit... Please sir this is a request from me..
I will take a look at that. :)
I never sell if it drops. I just wait for it to go back up and keep collecting the dividends.
Thank you! Get the latest from Markus in today's live stream here ua-cam.com/video/HC6rMdMH4V0/v-deo.html