The Power of Patience: Maximizing Re-Entry Trades with AI Alerts

The Power of Patience: Maximizing Re-Entry Trades with AI Alerts

Oct 29, 2024

By Barrie Einarson

Hey, everyone! Barrie Einarson here. Today, let’s dig into a recent AI-powered trade on $LTBR that gave not just one but multiple chances to jump in if you stayed patient. This is a perfect example of using AI alerts not just for single moves but as a dynamic watch list all day long.To Subscribe: https://go.trade-ideas.com/SHQ
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Here’s what happened: our AI first flagged $LTBR at $10.89, right before it soared to $11.87. If you missed that initial alert, no worries—it happens to the best of us! Missing the first signal isn’t the end of the game, and here’s why.

After that sharp initial move, $LTBR pulled back quite a bit. Now, a lot of traders move on at this point, but a patient approach can be a game-changer. By around 10:35, $LTBR revisited that crucial $11 area, offering a solid re-entry. In the room, we even discussed the potential for a late-day rally if it could break the highs from earlier in the session.

The key takeaway here? Use AI alerts like a watch list. Even if you pass on the first entry, these setups often come back around. Watch for a break of a round number or a pullback to a moving average—you can often catch a second (or even third) opportunity.

That’s it for today, folks! Let’s keep those setups on our radar, stay patient, and make the most of AI-powered alerts.

Happy trading, and see you in the room!