Stock Traders’ Mistakes Create Opportunity in the Market

 

I write a ‘Trader’s Corner’ article every Saturday in Money Morning (Money Weekend) where I outline various aspects of my trading model and discuss trading in general.

It is much easier to explain things using a video. I can show and tell rather than trying to describe things with text.

In this video I outline some of the things I have been writing about over the last few weeks. If you want to read my past articles, you can find them here.

I show you how trends and ranges develop and give you the key levels to look for. I also show you live examples of trades done in my Pivot Trader trading service and show you all of the entry and target levels and why I chose them.

Once you understand how traders are being shaken out of their positions, you can start to predict where the best entry points are and can create targets that have a high probability of being hit.

Regards,

Murray Dawes Signature

Murray Dawes,
For Money Morning


Murray Dawes is the Editor of Pivot Trader and contributing Editor at Money Morning. He was one of five, from 5,000 applicants, chosen for a graduate position with the Swiss Banking Corporation — now part of banking giant UBS. The bosses quickly cottoned on to his potential and pushed him up the ranks as a futures broker on the floors of the Sydney Futures Exchange. Murray later broke out on his own and developed custom trading systems to trade leveraged financial instruments like futures. Due to his success, Murray became the ‘hired gun’ trader for Australia’s rich and famous. Today, Murray runs a trading service through Port Phillip Publishing to help everyday Aussie investors use his advanced trading methods.

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Money Morning Australia