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.
The main feature of tramline trading is that it gives you excellent points to enter a trade and excellent targets to exit a trade at a profit.
My introductory video focused on obtaining low risk entry points. Today, I will concentrate on identifying profitable exit points.
Subscribe to 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.
-
Dividend heroes: the investment trusts that have increased their dividends for 20+ yearsInvestment trusts can be a good option for income-focused investors – but which trusts have consistently increased their dividends over the past 20 years?
-
Six reasons not to top up your state pensionA deadline to buy National Insurance credits and top up your state pension is fast approaching. Here’s why it may not be worth it for some people
