👉Part 3: Short-Swing Trading

As 2023 begins, I'm dialing in the focus of my trading this year. I keep reminding my members TO BE NIMBLE – yes this 👇 is the level of nimble I’m referring to. And YES…this will be true in 2023 also. So every day this year I”m committed to finding what I believe are the BEST short-term swing trades in the market at what I think is the BEST TIME to set those trades up. I call the service [Mobile Closer]( – “closer” as I’m looking for these trades in the last hour of the day ⏳. Today I want to talk to you about how I MANAGE these trades. But before I do that I need to tell you something about myself first. As you probably already know, I’m a sports guy. I’m competitive, driven and I love to challenge myself. So naturally, sports and the Market are a good fit for me. However, they are different in this way… In sports, I know when it’s over and I know if I’ve won. How? Well time runs out and the match is over and my team has the better score. EASY. But in the markets, it just doesn’t work this way – WHICH IS HARD. Here’s what I mean. Unless a business goes bankrupt and it’s worth zero or the business is acquired and it’s worth what is being paid for it OR your option expires – It’s NEVER OVER. So, YOU MUST DECIDE when you’ve won or lost and the hardest part, BY HOW MUCH. THIS SINGLE ASPECT TO TRADING POSES THE BIGGEST CHALLENGE TO MOST TRADERS BECAUSE IT TESTS OUR SKILL AND OUR CHARACTER. For our character, it tests our PRIDE – if it’s down we struggle to admit we were wrong or the trade just didn’t work. On the other side, if it’s UP – we often want just a little more and it tests our ego to see just how much we can get. At the same time, it tests our skills. When we get into a trade it’s important to set targets – places that price should find natural resistance and natural support. This test that trading puts all participants through – their head (Skill), heart (character) and hands (execution of the trade) – is the challenge we must all overcome again and again in order to become the conscious, disciplined, consistent traders we want to be. There is so much I can say about the heart piece of trading. But in this email, I’m going to focus on the HEAD piece or knowledge because most traders who are still learning trading often ask me this question about a trade. (yes, Whitney is the first person that came to mind. I am a child of the 80’s) So I want to tell you about 2 of the simplest ways that I set targets for profit and loss in a short-term trade idea. 👉 Big Round Numbers There’s something about the human brain that is drawn to big round numbers. Almost like holding an apple is easier in the human hand than a pine cone. It’s easier to think of $38 than $39.94. So in the markets traders often set their buys and sells near these round numbers. So for me when I’m setting targets for my trades, I often look for support to hold near big round numbers and I’m looking to get out on the upside when price hits big round numbers. ***For example, last year in my [Mobile Closer]( service I alerted a trade idea in MRK.*** I was targeting $110.50 (a nice round number) to the upside and would stop below $109. So I had my upside target set in case the price moved above $110.50. The next morning, the price did hit this target where I had my stops in place! So big round numbers are places I look for price to find support or resistance and also a place I look to scale out of trades. 👉 Previous Support and Resistance Another simple way that I look to target my spots to take trades off to the upside or downside is by looking at the charts for spots of previous support and resistance. Though big round numbers are a great place for targets and stops, understanding where the price has already stopped and reversed from before is also important as it’s likely to do it again. ***Here is another example of a trade that I put on in Mobile Closer just last week.*** As you can see from the alert, I planned to stop out at $14 which was a big round number but near previous support that I thought should hold and I was looking to the upside for the price to return to its previous high. On this trade I didn’t even have to wait until the next day. Into the close, the price took off 🚀and moved exactly back to the previous high that I had identified where I scaled out of the trade. Good thing, too, as it dropped the next day. Now – please know not all the trades work out like these two. In fact the trade I made last Friday in Mobile Closer didn’t work out. But I had my stop in place at a nice round number and where there was previous support and when the price broke it – I got out. Losses happen. But managing them is important. So these are three key lessons I’ve now taught you over my past three emails on how to trade short-term. - Knowing WHEN to trade (Timing) - Know WHAT to trade (Setup) - Knowing HOW to trade (Trade Management) Now, it’s time to practice. Just like learning to play golf, you can’t do it all from a book. The best thing is to go get live lessons. If you want live lessons, [HERE]( is your chance to join my Mobile Closer Trading service where I trade short-term setups LIVE everyday at 3pm ET. You’ve learned the lessons, now it’s time to practice and I’d love to teach you. And – because you’ve made it this far and showed you’re committed to learning – I’ll give you a GREAT DEAL to give Mobile Closer a chance for a month. [Click the link here]( and get your chance to practice live short-term trading with me for only $97 a month (that’s way cheaper than a 1 hour golf lesson) and it’s for a whole month. Don’t miss your chance. Put your knowledge into practice and join me at 3pm in Mobile Closer. I hope to see you there! Ben Sturgill Text “RAGE” to 1-888-404-5747 to get exclusive trade alerts & offers [🧑🎓 Forget everything you know about influencer marketing]( * sponsored content [🧑🏫 So You Want To Be A Trader? Watch Ben Sturgill walk through what to expect.]( [🔨 Things May Need To Break Before They Get Fixed]( [Image] [Facebook]( [Twitter]( [LinkedIn]( RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Manage your email subscriptions.](   © Copyright 2022, RagingBull  DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [(. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of [RagingBull.com](, LLC are paid in whole or in part by commission based on their sales of Services to subscribers. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled. Â