Using Conservative Sell Signals To Exit

Hey traders!

In this week’s trade review video, I discuss the conservative signals I had that caused me to take a cautious profit on Amazon.

Sometimes I’ll take conservative profits, especially in a case like before CPI data when a news-related event is upcoming.

Now, of course, if you take conservative profits, you cannot capitalize on the full profits! But, as I’ve gotten less aggressive, I have learned that taking regular 55% winners is better than taking some 300% winners with more losers that could have been winners if you weren’t greedy.

Of course, the market is recovering after CPI today, and the trade would have been doing better if I had held. But, that’s okay!

This is a rinse-and-repeat process. Of course, I always want to maximize my edge, but there should always be a balance of greed and logic.

 

Up Next...

The Nasdaq 50 SMA Hold Is Critical

I’m watching the Nasdaq’s 50 SMA hold, semiconductor support, and NVDA’s Earnings Hot Zone as NFLX, TSLA, and LRCX earnings approach.

Bank Earnings and the Next Hot Zone

JPM and GS failed to hold their earnings gaps. I’m watching ASML and TSM’s expected moves and support levels to guide my buy-the-dip plan in semis.

A Normal Pullback After the New High: Watch Who Holds Support

Join me in the Mastering the Trade room at Simpler Trading. October 8th, 2026 Hey traders! The Nasdaq just hit a new high, and now we are seeing a reversal. The Nasdaq futures (/NQ) tagged 31,616.5 and is already back near 30,930, down about 1.5% on the session. SMH is weaker, down about 3.4% and … Read more

Subscribe Today!

Want my up-to-date analysis, setups, top trading tips, and more? Be a Five Star trader, and join my free newsletter today!

Sign Up Now