Quick Scalp with the QID
10/28/2008 5:10 pm EST
Brian Shannon of AlphaTrends.net captures a quick scalp with the QID and mentions how level two affects his trading decisions. In the video, he shows how he uses both the five- and ten-minute charts to manage the trade and determine where potential exit points lie. He also discusses how he determines whether buyers or sellers have control of a security. Finally, he shows how he scales out of the trade to lock in profit and virtually guarantee at least a break-even trade.
QID Trade 102808 from Brian Shannon on MoneyShow.com.