By: Evan Lazarus
Click on the chart below for a detailed breakdown of a short setup in Amazon (AMZN) from early this morning.
Every trader needs a concrete risk/reward setup before executing on a trade idea. The best trades are those in which traders patiently anticipate price action. On T3Live, our educational tools are geared towards teaching all levels of traders the structure necessary to maximizing reward and minimizing risk regardless of which time frame you trade. The best trader is a prepared trader, and with that in mind we not only teach our traders proper execution, but also, we teach the steps necessary to prepare, anticipate and plan an idea.
Recently, I did a Webinar on timing into a trade. It outlines a rules-based strategy to executing on trade ideas. Check it out at our FREE Webinar section on T3Live.com.
