Right now this stock SBUX is trending. As I was looking at which stocks to share with you I started to calculate my risk management
for all the types of assets that am thinking of trading such as futures, crypto, stocks and forex.
and let me say, with your permission that each asset class requires a different risk management now do you have to learn about all the
asset classes, you can trade ? no..Look even though
I was studying about how to trade for example Forex, crypto and futures.
You need to understand that the stock market is so huge and that they are so many asset classes that you can specialise in,
in order to master trading.
With this stock SBUX I used the rocker booster strategy
Which has the following 3 steps:
Step#1:The price has to be above the 50 EMA Step#2:The price has to be above the 200 EMA Step#3:The price should gap up
If you look at this chart you can see these 3 steps just as well. -- Remember on the 19 the October, I show you the "The Top 13 Iron Watchlist" Save that date -- Remember to rocket boost this content to learn more -- Disclaimer: Trading is risky you will lose money whether you like it or not.
Please learn risk management and profit-taking strategies.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.