JCOM Morning Breakout Trade

The below video is of my 5/7 JCOM morning breakout trade. We have been working on developing sound money making rules for trading and JCOM is a clear example of this system in real-time. JCOM had all green bars in the morning prior to retesting the high for the day. This gave us confidence in a long position, as odds where in our favor that the stock would not only test its morning high, but likely push through it.

The key to day trading, which I have to remind myself everyday, is that less is more. The clip is roughly 3 minutes and I hope you find it helpful.

 

Good Luck Trading