Welcome to my second video tutorial on tramline trading. If you haven't yet watched my introductory video - The essentials of tramline trading - I recommend you start there and watch this afterwards.
My introductory video focused on obtaining low risk entry points. Today, I will concentrate on identifying profitable exit points.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
In this video I will explain:
How you can establish targets to exit a profitable trade How you can use tramlines to adapt to significant changes in market direction How to use upward and downward tramlines to give you very useful information to use in your trades
And if you haven't seen them yet, or you would like a refresher, do take a look at my other video tutorials.
-
Defeat into victory: the key to Simon Wolfson's successOpinion Next CEO Simon Wolfson claims he owes his success to a book on military strategy in World War II. What lessons does it hold, and how did he apply them to Next?
-
Aircraft leasing companies can lift investors' portfoliosThe aircraft leasing business is a safer way to cash in on air travel and its booming demand. David Prosser explains how it works and how to access it
