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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Friday: noon ET I’ll cover Heikin Ashi candles, and when to use them and when not to use them, and share a very important mindset shift traders need to make as we head deeper into the holiday season — and more! JOIN US HERE! How Pros Trade Opening Gaps and Avoid the Traps Here’s a pro tip for everyone holding options overnight when the market gaps up at the open… First, don’t fall for the ol’ banana in the tailpipe! Markets that gap up at the open are often bull traps — especially when there aren’t any catalysts coming to push things higher. What’s a bull trap? It’s a false signal that can and will reverse course, usually right after over-eager bulls go long. Here’s a recent example of this in the S&P 500. Note the BIG red candle coming right after the opening pop… ![]() Smart traders give the market time to show its hand during the first 30 minutes or so after the open. That first 30 minutes is also a great time to unload your longs on the morning pop — but again, it’s not a good time to buy anything in the event the gap up is just a bull trap. We need a strong directional bias in order to put on high-probability trades, so keep that in mind next time you’re feeling the FOMO after a monster gap up or down on the open! I hope that helps! Your Lifetime Weekly Cash Flow Deal Awaits! The next Cash Flow opportunity is lining up inside Weekly Cash Flow alerts… And I want to make sure you’re not on the outside looking in. The last string of setups delivered a 78.48% win rate on live trades. No surprises. Just steady opportunities when the market gives them. And with the pressure building from inflation and the way traders are scrambling for safer income plays… This next opportunity has my full attention. Granted, I can’t make reckless promises when it comes to trading, but…. If you’d like to take the next cash flow opportunity with me… Claim Your Black Friday membership here! Here is a quick look at what you unlock when you join today: As part of the special Black Friday deal… You’re also getting the Diamond Income Masterclass I offer to only members of my inner circle valued at $497… for FREE. Best yet… you’re getting a free VIP upgrade with no renewal fees for life. No rising bills. No renewal surprises. You stay in as long as the strategy runs. This is the kind of access that sets you up for every new opportunity that crosses our desk. But I’d advise you not to wait another second on this offer… Because this Black Friday deal shuts down at midnight on the West Coast. We develop tools and strategies to the best of our ability, but no one can guarantee the future. There is always a risk of loss when trading. The profits and performance shown are not typical. Since revamping the strategy on 4/19/2024, 79 live alerts have been issued with a win rate of 78.48%. The average return, winners and losers, has been 4.98% with an average hold time of 7 days. 🎥 LIVE TRADE ROOM ACCESS 🎥 Join me and dozens of traders each day inside my LIVE VIP Trade Room! Each day, we analyze the markets together, build relationships and, more importantly… go over market education and new trade ideas! With the VIP Trade Room, you’ll have the opportunity to multiply your trading knowledge and confidence as quickly as possible. I’ll take the time to answer all of your trading questions, so fire away! Make sure to join us LIVE each day! SCHEDULE:
JOIN US HERE: https://rogerscott.com/viproom Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. |
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