In this SMBU Trading Tip of the Week, Bella, author of the “trading classic” One Good Trade and The PlayBook, talks about how one trader ripped up over three thousand dollars in a Reversal Trade. He still thought it was a good trade!
Highlights from this trade:
- The trader was aggressive where he should have been.
- The trader had an edge with this setup.
- The trader could have made multiples of 3k if he was right.
- In short, the trader put on an excellent risk/reward short
We hope you enjoy this trading education video.
You can be better tomorrow than you are today!
Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. Bella is the author of One Good Trade and The PlayBook.
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