Happy Weekend, Folks!

If you’ve ever been shaken out of a trade too early, this may just be the most important read of your career.

As a 20+ year trading veteran and long-time educator of traders just like yourself, I can’t tell you how many times I’ve gone “from zero to hero” on a trade.

The stock market loves to confound.

From Wall Street greats like Steven Cohen to retail legends like Roaring Kitty, the most successful traders have all had trade go against them, only to see those positions reverse in their favor to become the ROCKETS🚀they originally planned for.

Well, keep this guy (me, “Uncle Jeff”) on your radar because I am positioned to become the next headline grabber

In my hugely popular Bullseye Trades service, I deliver my single best trading idea to members before the market opens every Monday.

Because I am all about full disclosure, I am the first one to tell you that not every trade goes according to plan.

In fact, anyone that does say that is not worth your time since that is mathematically impossible.

This past week’s Bullseye Trades idea is a perfect example of how the detailed trading plan that I also provide to members along with my BEST weekly trade idea kept me and many members in the trade before prices ROCKETED above my initial alert level.

Before I go any further, do you know how to identify major areas of support and resistance on a chart?

Folks, if there is one skill that can best “save your hide” one day, this lesson that I am about to present to you is it.

As I do each week when I deliver my single best trade idea to Bullseye Trades members, I provide a detailed plan of action.

The plan I delivered this week is as follows:

I tell members the exact option contract I want to trade, the area I want to enter, along with two important targets where I’ll look to take profits.

 But most importantly, I provide a carefully-selected stop level for protection.

Folks, after 20+ years of trading in every market environment possible, I know how to find the levels that matter most.

The levels that numerous other traders and investors are also watching as areas that could either cause prices to reverse (if held) or accelerate (if broken).

So what happened to my VST trade this week?

Well, as the chart below shows, the trade got off to a rough start, immediately going against my plan once trading began on Monday.

When they say, “The market’s gonna market,” this is exactly what they mean.

But the point you’ll want to pay extra close attention to is that VST never closed below my stop of $84 that I provided in my original plan.

Now, when it comes to trading, I think having a hard line in the sand that I follow to the penny is a tough way to live.

Trading is dynamic, and we need to be flexible.  If I make a trade on the very first day it is at or near my stop price, I will usually decide to hold it at least another day.

That proved to be the right move in this case.

Folks, I always say the closing price is THE most important price of the day, for two reasons:

  1. The last 30 minutes of the day is when the majority of the institutional trading is performed.

  2. That last price is the truest reflection of what all the retail and institutional traders that traded that stock that day believe the stock should be valued at.

Once the market saw that VST held that critical $84 support level through Monday’s close, that was a signal to traders in the know that there was serious buying “demand” at that level.

But that’s just a small part of this very real-world trade.

It was critical for my Bullseye Trades members who were watching this price action unfold with me to know that I was right there with them.

Through instant app alerts delivered via the state of the art RagingBull app and the interaction like the one shown next that I have with members in the Comments section of the Bullseye Trades member dashboard, I help answer their questions when trading hits those inevitable rough spots:

Folks, this is real-world trading and don’t let ANYONE tell you otherwise.

But to help ease the process, I make it a point to focus on the CORE principles that help prevent new or developing traders from becoming intimidated.

I say it a lot, but I need this to sink in, trading does not need to be complicated.

That’s why the simple premise of supply (resistance) and demand (support) is a staple in my weekly training videos, which I deliver just a couple of hours after my weekly Bullseye Trades idea.

Look, this is what I do, and I LOVE it.

I teach my members key principles like this because I know how helpful they have been to my trading success over the years.

My next BEST idea of the week is approaching FAST…I will release it before the market opens on MONDAY! ⏰

This idea will come complete with my expert market outlook AND a plan for managing the trade.

Then, I will follow this up with a LIVE video training session that teaches members the what, where, when, where, why, and how behind my trade idea.

Oh, and did I mention that I also try to trade these ideas with my own REAL-MONEY trading account? 

This is all part of my usual lesson plan, which is optimized to teach my members how to find high-probability trades independently.

It is extremely important that you don’t let another week go by without my top idea in your corner.

Bullseye Trades is a powerful trading education service that I poured my 20+ years of trading into to personally create.

By combining my technical trading experience with my fundamental background as a trained economist, I find the one trade idea that I consider to be my BEST idea each week.

I then share this with my members via email, member dashboard, and RagingBull’s state-of-the-art trading app before the market opens every Monday, along with a detailed plan of how I want to enter, manage, and exit this trade.

There you go! You’ve been warned…my latest high-conviction trade idea of the week drops MONDAY MORNING.

I know you’ll come to learn more about my red-hot 🌶️ Bullseye Trades methods when you are ready.

<<<Join me for my next Bullseye Trades idea before this opportunity passes you by!>>>

To YOUR success,

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Jeff Bishop

One of the best traders anywhere, over the past 20 years Jeff’s made multi-millions trading stocks, ETFs, and options. He is renowned as an incredible trader with a deep insight and a sensitive pulse on the markets and the economy. Jeff Bishop is CEO and Co-Founder of RagingBull.com.

Even greater than his prowess as a trader is his skill and passion in teaching others how to trade and rake in profits while managing risk.

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