200-point runner and a 100-point runner
OVERVIEW
Battle Plan: 200-Pointer!
Sunday I wrote: "I think we could expect at least two massive hard short squeezes."
We got the second one last night... a 200-point runner!
Volatility Can Pay
We both know volatility is a double-edged sword.
High volatility is where our Battle Plan shines.
It forces you to wait... and trade the edges.
Our edge IS the edge!
Price tends to get too extended... mispricing the downside or mispricing the upside.
Those wild swings create opportunity.
Bulls overshoot.
Bears overshoot.
And when the bears overshoot... and they will... we are there, waiting at the right trade location, ready to trade the edges!
Small and surgical... holding a runner for the oversold moves violently back up!
Battle Plan vs. Core Strategy
The more I look at it, the more I think the Battle Plan shines brightest in high volatility.
And in low volatility... you need Core Strategy to get your entries.
They each play their role given the current environment of volatility.
What do you, experienced members, think about this?
Behold the power of holding runners
I teased in the live stream that today's Battle Plan focus was going to be on... behold the power of a runner!
I can think of no other topic more important for today's trading.
Holding a single runner can make your entire week... and you only need one trade a week that runs.
It is a cornerstone and foundational principle in our trading group.
This topic ties in perfectly with yesterday's Battle Plan where I talked about fear and hope.
If you did not read yesterday's Battle Plan... I recommend it.
🔥 Battle Plan 2️⃣ offered the opportunity for a 200-point runner today.
🔥 The only trade we mapped out on Zoom also would have afforded a 100-point runner.
▶️ The entry outlined on Zoom is where I tried to add to my winning trade. Unfortunately, it missed my entry by just a couple of ticks — you gotta be kidding me. I could have added 100 points to the total with that add-on. At least I was looking for the right trade... in the right trade location... and tried to add to my winning trade. That is a powerful combination.
Here is a closer look at Battle Plan 2️⃣
Overnight Sessions
Unfortunately, most of the Battle Plan trades have developed overnight.
it's the nature of the beast right now. War, oil, and politics ruled the day.
We are in a highly volatile time and the overnight ranges are just monsters compared to normal.
How do I decide if I'm going to trade overnight: first of all, lifestyle trumps trading. Spending time with my wife is more important than trading. Family before trading. That said, if I am able to trade without neglecting my family... and... if we open up near a Battle Plan, I will typically watch it and look for an entry. That doesn't mean you have to do that.
When I trade... I do post in Discord when I'm trading.
Then you add to your winning trade.....
🌙 OVERNIGHT
🔥 Battle Plan 2️⃣ activated early in the Asia session, offering a 200-point runner. I took the first ladder along.
That is two Battle Plan trades this week that went 100 points or more.
☀️ RTH
🔥During Zoom, we called out an entry that could have offered a 100-point runner... if you followed the 3-Contract System taught at Core Strategy Academy.
We outlined three upside targets:
1. The gap
2. The trend line
3. The Strong Level that has the title "half back of the big move"
We filled the gap and hit the trend line... See the picture below.
TIP OF THE DAY
STAY THE COURSE
Late last week and on Sunday, I talked about not deviating from your trade plan.
To be steadfast. To be patient.
I hope that helped somebody.
Because this week... if you stayed the course... if you trusted the levels... if you waited for price to come to you...
You were rewarded.
That is not a coincidence. That is the Battle Plan working exactly the way it is supposed to work.
The traders who win are the ones who do nothing... until it was time to do something.
Stay the course. Trust the levels. The plan works.
QUOTE OF THE DAY
If your heart's racing, step back — not forward.
TRADE OF THE DAY
BATTLE PLAN
🔥 Battle Plan 2️⃣ for 200-points. I captured 30 on this. Battle Plan offered a beautiful entry. I am awarding this trade 100 points, but will continue to follow it per our system until it is stopped out.
ZOOM
🔥 Mapped out a long that potentially could have made a trader 100 points. Capturing a 50 pointer should have been a no-brainer following the three contract systems.
On Zoom, I kept encouraging you to not short. I hope nobody got in trouble countering that advice.
CORE STRATEGY: (For Full Members)
🔥 3M BL Short for nearly 40+ points. Now this is an interesting one because if you had done the three contract system, keeping a single runner in the small negative position To survive a double tap... This was a 90-point short!!!
🔥 3M Muddy FS Short for 25 points.
Not much after that.
SCOREBOARD
Accumulated Points THIS Week
📰 NEWS DRIVER:Free Access
| Time (ET) | Event |
|---|---|
| 7:00 AM | MBA 30-Year Mortgage Rate |
| 8:15 AM | ADP Payrolls |
| 8:30 AM | Retail Sales |
| 10:00 AM | ISM Manufacturing |
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