Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
How to Limit Your Risk in an Unforgiving Market
https://moneymorning.com/?p=1136577
Required Please enter the correct value.
Twitter
Stocks: ZM

How to Limit Your Risk in an Unforgiving Market

By Fast Profits Team, Money Morning • March 25, 2020

View Comments

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

If you find yourself a little confused in today's white-knuckle market, don't worry - you're not alone. And you don't have to just accept the volatility for what it is...

There's an invaluable tool available to you as a trader that can help you get the best price in this "unforgiving" market: limit orders.

If you aren't familiar with limit orders, these conditional order settings are available on any brokerage platform, and they allow you to automatically buy a stock or option if it falls within a specific price range. That way, you never have to subject your money to the market's whims.

Or as Chris says, with a limit order you can simply "set it and forget it."

This week, Chris Johnson has joined us on Fast Profits to tell you why limit orders are a must in today's trading.

And he's putting this knowledge to work in a prime limit order trade recommendation. As the corporate world continues operating from remote home offices, this communications stock will soon become a "must have" among professionals.

Chris is expecting a slight dip before this stock takes off for the long haul, so he's recommending a limit order to really cash in on the rebound.

Here's Chris with the recommendations...

Now's Not the Time to Be Passive - Take Every Advantage You Have

Trade Details:

Action to Take No. 1 - Buy shares of Zoom Video Communications Inc. (NASDAQ: ZM) at no more than $120, using a Good-Til-Canceled limit order.

For those looking to leverage the move, buy the following LEAP option on ZM using a profit target of 50% or better.

Action to Take No. 2 - Buy to open Jan. 15, 2021 $130 ZM calls (ZM210115C00130000) for no more than $27.50, using a Good-Til-Canceled limit order. Aim for a profit target of 50% or more.

A key takeaway from today's video: Don't underestimate all of the tools and indicators available to you that could be adding profit to each and every one of your trades.

Other than the vitally important limit orders Chris has highlighted here, he has also briefly mentioned a few other tools he uses every day.

He calls them "technicals."

Basically, he's looking at various technical indicators that show when an opportunity is coming to a head. Here he is looking at the moving averages, a popular technical approach among traders.

But there are countless other technicals used by different traders under different circumstances. For instance, Andrew Keene, expert trader and multimillionaire, uses a system of his own making, and it's powered by a set of technicals called the Ichimoku cloud.

It's a time-tested formula coming from 20th century Japan, and in tandem with Andrew's knowledge of the inner workings of the American stock exchange, he was able to build his fortune during the 2008 financial collapse.

In fact, even on days when the markets lost thousands of points, Andrew's followers were still able to pull in multiple winning trades, all using this technical system.

Click here to see how they do it - and to see how you could join them...

Follow Money Morning on Facebook and Twitter.

Join the conversation. Click here to jump to comments…

Login
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Francisco Paz
Francisco Paz
2 years ago

I had opened TD Self Investing Account.
I can’t trade on options due to restrictions that I don’t know. I really wanted to start trading options and will execute your ZM Options action 1 and action 2 recommendations. How can you help me to place the order? Thanks indeed.

0
Reply
Ian Marchanti
Ian Marchanti
2 years ago
Reply to  Francisco Paz

Francisco

Thank you for your feedback!

Unfortunately, some brokerages enforce tighter restrictions on options clearances. If you weren't able to get clearance with TD Ameritrade, you may have better luck with another online broker, such as Robinhood.

Best of luck,

-Fast Profits Team Member

0
Reply
LIVE
Visit Money Morning Live


Latest News

January 19, 2023 • By Money Morning Stock Research Team

These Stocks Could Go To $0

January 9, 2023 • By Money Morning Stock Research Team

The Government Is Pouring $391 Billion Into These Stocks - Buy Now

December 27, 2022 • By Money Morning Staff Reports

6 IPOs in 2023 You Can’t Afford to Miss
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Penny Nation Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell My Info

wpDiscuz