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How to Build an "Open-and-Shut" Case for a Trade

by Jeffrey Kennedy
Updated: December 12, 2019

Glance at a price chart. Are you bullish or bearish?

Wait!

Every trader has a natural bias. Whatever market you have your eye on -- a stock, a currency, an ETF -- be honest with yourself: Right now, this very minute, you already expect it to move up or down.

Yes, sometimes the market's direction is clear from the first glance at a chart. But most of the time, you must slow down and fight your pre-existing bias, be it bullish or bearish. You must slowly "build a case" for your trade.

If you don't, your bias might get you into a wrong trade. Every trader has been there.

In this 12-minute video, watch our Trader's Classroom editor show you how to destroy your trader's bias and build a bullet-proof case for a trade.

Jeffrey Kennedy is using GDX (Gold Miners ETF) as his example. But you can apply this lesson to any market.

Watch now, free

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