Silver Bobby's homework assignment

22 sept 2023

This is September 22nd 6:00 Am. I wanted to show you that silver went higher from its open last night and it reached the measured move target. From the opening price last night that's about an $1,800 move. So it paid to take that trade and it added to the profit. I believe it's worth looking at opening price.... but I know that at some point I have to sleep and I can't watch the market 24 hours a day. I always have a stop.... if I enter trade it's entered as a bracket order it has a target and a stop. But that particular entry if I had taken that entry...I would have had a small target... and I would settle for the $1,800 target which I explained in more detail in the video.... that way I go for the profit because it was reasonable, and I get out before there's any chance of a steep reversal against me. It's easy for me to take a trade at 6:00 pm at night because I'm already awake... but it's not so easy to stay at a trade when a few hours later you're not going to be looking at the chart you're going to be sleeping.... and that should factor in to your trading.