Be Adaptive if You Want to Capture Profits

How you get into a trade is far less important than how you get out. [Jeff Clark's Market Minute]( Be Adaptive if You Want to Capture Profits By Imre Gams, analyst, Market Minute How you get into a trade is far less important than how you get out. It doesn’t matter if you picked the exact bottom of a market if you don’t have a good exit strategy. When it comes to managing a trade, you have two choices. The first is passive management. This is where once you place your trade, you walk away from it. Your trade will either reach your target for a nice gain or you will take a loss. This is a great option for busy traders who don’t have the time to watch the market throughout the day. The second option is active management. As its name implies, this style of trade management is best for traders who are able to keep both eyes on the market. When actively managing a trade, you’ll be able to quickly adjust your exposure based on what happens in the market in real time. For example, you might trail a stop loss, take partial profits, or close your trade entirely because of what’s happening in the market right now. Recommended Link [He Declined to Go on CNBC – Now He’s Finally Revealing His “Millionaire Secret”]( [image]( During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret. Jeff politely said no. And now, years later, Jeff is back to finally bring this secret into the light. …Revealing how anyone can collect returns of huge gains in just 8 days… in bullish AND bearish markets! And why you need to IGNORE 99.9% of the market, instead focusing on only ONE stock. [(ticker revealed here)]( Jeff says: “I am tired of watching as investors lose their shirts buying risky assets… even my OWN SON lost -60% in crypto & tech stocks… now I’m going to give him a [“Financial Intervention”]( to help him win his account back in 2023!” [Click Here to Watch Jeff Demonstrate This ONE Stock Secret.]( -- My own trading tends to lean towards active management more often than not. A great example of this is the [opportunity readers were presented with on August 30](. In that issue of Market Minute, I pointed out that the Energy Select Sector ETF (XLE) was getting ready to break out again. The issue concluded by stating that the target for this trade was $94. But last Friday, something happened. And it’s changed how we should manage the trade. XLE did indeed break out, but in doing so quickly reached overbought conditions. Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career – at zero cost to you. Just [click here]( to check it out. You can see this below on a 4-hour chart of XLE. Now that XLE is less than $3 away from its target, the risk-to-reward equation is starting to skew to the downside. In other words, the odds of a bearish reversal here are getting higher. It’s in situations like these where it might make sense to employ some kind of active management strategy. It wouldn’t make sense to do nothing and let all the gains from the trade go to waste. On the other hand, it’s still possible that XLE could reach its original target of $94. To split the difference, you could take partial profits from the trade. Alternatively, you could trail your stop loss higher to lock in a gain. Either one of these options would ensure that you won’t walk away from this trade empty-handed. Happy trading, [Signature] Imre Gams READER MAILBAG Do you manage your trades more passively or more actively? Let us know your thoughts – and any questions you have – at feedback@jeffclarktrader.com. IN CASE YOU MISSED IT… [“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prins]( $100 is all you need… Former Goldman Sachs managing director Dr. Nomi Prins has identified an investment she’s calling ‘the world’s hardest asset’ – and she’s recommending it to friends, family, and followers. She’s talked about it on podcasts… live TV… and in her newest, bestselling book, Permanent Distortion. Dr. Prins says: “This asset has nothing to do with gold or silver, but it has many of the same features to protect your wealth – and preserve your privacy.” As the turbulence in our world grows worse and worse… [Click here now to see what Nomi is recommending before it’s too late.]( [image]( [Jeff Clark's Market Minute]( Jeff Clark Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.jeffclarktrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Jeff Clark Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-752-0820, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@jeffclarktrader.com). © 2023 Omnia Research, LLC. 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