Learn How to Trade the "Deep Dip Buy" Stock Trading Strategy
What you'll learn
- In this course you will learn step by step how to apply the Deep Dip Buy Stock Trading Strategy to your swing trading or day trading
- You will learn which chart and indicator settings that I use
- You will learn what qualifies as a Deep Dip Buy Set Up
- You will learn when to enter a Deep Dip Buy Set Up Trade
- You will learn why a confluence of Deep Dip Buy Set Ups are the best
- You will learn which Deep Dip Buy Set Up Trades not to take
- You will learn how to position size correctly taking into account current volatility
- You will learn how to calculate and set Emergency Stops
- You will learn how to set End of Days Stops
- You will learn how to set partial .45 ATR Profit Targets
- You will learn to lock in partial profits with a rejection of significant upside resistance levels
- You will learn how to calculate and set Trailing Stops for all Deep Dip Buy Set Up Trades
Requirements
- A desire to trade profitably using a comprehensive step by step stock trading strategy
- Access to basic charting software
Description
In this course I will teach you Step by Step how to apply the Deep Dip Buy Stock Trading Strategy to your trading.
The Deep Dip Buy Stock Trading Strategy is a Low Risk/High Reward Set Up that can be used in Swing Trading or Day Trading.
The Deep Dips Buy Stock Trading Strategy as the name implies set ups when certain Stocks or Stock Indexes have had a significant down move towards the 200 SMA, 250 SMA or the 30 RSI level.
The 200 SMA, the 250 SMA and the 30 RSI level are some of the most widely watched levels by large financial institutions and experienced traders and investors.
Large financial institution are interested in these levels as they offer a great Risk to Reward Ratio. If the price closes below these levels they quickly get out for a small loss. If they are right and the price moves up they have the potential for a large win.
The most important part of trading regardless of approach is Risk to Reward. You must always identify strong legitimate support levels where you know that buyers will be coming in. If you are wrong and the price level is lost then get out quickly for a small loss and if you are right and the price level holds then you have the potential for a large gain.
The 200 SMA, the 250 SMA and the 30 RSI reading all give you a great Risk to Reward and legitimate levels to plan your trade around.
Who this course is for:
- All level of stock traders from beginning to advanced
Instructor
Gregory Gossett from Gossett Trading & Mentoring, LLC has been a full time equity trader for 25 years and hosts a daily YouTube Podcast where he trades, teaches and mentors in real-time.
Gregory began his trading career in his early 20's after the small chewing gum company that he started went public in 1994.
Gregory has spent the last 25 years studying the markets and refining his trading approaches. He has also studied "One on One" with many well know Traders and Authors.
Gregory shares what he has learned each day on his YouTube podcast - Gossett Trading & Mentoring Live.
Gregory is also a animal lover and is an avid mountain hiker.