In today’s Money Weekend…uranium stocks took off like a rocket this week…some sectors of the market are catching a strong bid…why you should come to my trading presentation next Thursday…and more…
Dear Reader,
In last week’s ‘Closing Bell’ video, I set out the case for getting on board uranium stocks. I hope you were listening and managed to jump on a few because they took off like a rocket this week.
Last Thursday, I sent out a trade alert to members of my advisory to buy a uranium stock, and members were up 33% by Wednesday this week!
It’s a tough market to make money in, so it’s nice to see there are some sectors of the market catching a strong bid.
In today’s ‘Closing Bell’ video, I thought it would be useful for you if I outlined the trade setup I was looking at and how I manage a trade while it is live.
You will learn about my entry technique, how I choose targets and stop-losses, and my money and risk management rules.
If you have been enjoying my ‘Closing Bell’ videos, you may be interested in joining me next Thursday for a special presentation called ‘The 30% Nest Egg’.
In it, I will explain that you don’t need to be trading every day and taking wild risks to generate big returns. My trading service has had a 60% strike rate since its inception three-and-a-half years ago, and, on average, we make two-and-a-half times as much on a winner than we lose on a loser.
Using those figures, if you trade 15 times in a year and risk 2% of capital on each trade, you can end up making around 30% in a year.
By managing risk effectively, you can do it without stressing out with every twist and turn the markets make.
If you take your investing seriously and want to learn how I have managed to create those returns for members, please be sure to sign up for the presentation next Thursday.
Until next week,
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Murray Dawes,
Editor, Money Morning Weekend
