Trading Exhaustion Reversal Patterns
Nearly all of the successful traders I have spoken with this year have mentioned they were forced by the market to make changes to their base strategies in order to stay on track for their profit goals. Jeff White is an experienced full-time trader who tells us here the types of changes he made in order to keep up with current market conditions. He tells us his number one focus as a trader, the ways in which he finds where buyers and sellers have placed their orders using simple charts, and why he has a core and secondary watch list. Jeff also names his favorite patterns and describes exactly what they look like in his favorite timeframes. We also talk about where he sets his stop losses and why he is perfectly satisfied getting stopped-out frequently in his trading. Finally, we discuss his monetary goals and how he pays himself during the year.