Sabtu, 30 Oktober 2021

Have you seen the Horse Race Trade?

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Let me tell you a story about a Monday morning many years ago…

I woke up that morning convinced I was bulletproof.

By lunch, my head was in the trash can because I was sick to my stomach.

By the time I pulled into my driveway coming home that night, I was as broke as a '55 Chevy.

The date was October 19, 1987. Black Monday.

You've all heard of it, even if very few traders around today were around back then (what can I say, I've got a lot of experience.)

From that day on, I was determined never to let the first hour of the market ruin my day, my year, my life like that again.

So I devised a trade setup, one that I use every single day.

Other traders call the first hour in the markets "amateur hour."

I felt like an amateur on Black Monday. But I was determined never to do that again.

This trade is my solution.

I've turned the volatility of "amateur hour" into one of my favorite trades

Thank you,

Tom Busby

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