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Anticipation helps you find low risk entries

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This was in last night Newsletter as anticipation setup. It triggered in first 5 minutes and go on to make 3.52 dollar move from open.

To find anticipation setups focus on stocks with momentum having range contraction. You can plan entries in these kind of trades and enter using Buy Stop Limit Orders (BSLO). That gives you very low risk entries.

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2 comments:

Chad said...

Where was your planned stop before the open?

Pradeep Bonde said...

After triggering bought with 3 dollar stop. Went up 9 dollar or so same day. Sold after few days