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Trade With Conviction

Hey Market Pilot, 

Earlier this month, I alerted the Moxie Indicator™ members of a short setup in Autonation (AN, pictured below). Although it took a few weeks, I was able to get out of my position for a nice 8.5% gain by the end. However, this win didn’t come without trials and tribulations.

I had to ride out a fair amount of uncertainty and volatility during my time holding this position. That’s why I think it is essential to talk about “trading with conviction.”

In this video posted above, I outline what it means to me to “trade with conviction.” You’ll learn…

  • My rules for sticking with a trade
  • What chart patterns make me confident
  • Why I held on to AutoNation despite the volatility

Trading with conviction is key to becoming a successful trader, but it is important to note that as much as it is a skill to ride through volatility, it is equally important to recognize when to walk away. Trading is an art form that requires some finesse. Stay nimble!

Your Profit Pilot, TG

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