What Makes This Trade Great: BAER’s Second (and Third!) Chance

What Makes This Trade Great: BAER’s Second (and Third!) Chance

Oct 21, 2024


Hey, traders! Barrie Einarson here, breaking down another trade from today’s session—this time we’re looking at $BAER. It’s a prime example of why it’s important to stay patient and use your A.I. alerts effectively.To Subscribe: https://go.trade-ideas.com/SHQ
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At 9:47 AM, we got our first alert on $BAER at 363. Now, some of you might’ve been ready to jump in, but if you missed it, no worries. Here’s the beauty of A.I.—$BAER didn’t take off right away. In fact, it lingered around that alert level, giving you a chance for a solid second entry at 10:10 AM. Even if you missed the first wave, you could’ve hopped in again and caught the move to 395 before it pulled back.

This is the key takeaway: A.I. alerts aren’t just one-shot deals. Think of them like your dynamic watchlist. Even if you missed the first entry, there’s often a second or third opportunity to get in on the action. $BAER gave traders another chance after it pulled back and climbed back toward the same price area.

Now, if you zoom out to the weekly chart, things get even more interesting. Last week’s move sets up what looks like a continuation, with potential to run all the way up to 435. That’s why this trade was on my radar—it’s got room to go higher.

So, what’s the lesson here? Patience pays off. Just because you didn’t catch the first move doesn’t mean the trade is over. Keep those A.I. alerts in sight, and be ready to act when a second or third setup comes your way.

That’s all for today! I’ll see you back in the trading room tomorrow. Stay sharp and keep grinding!