April 9, 2019

Luck Favors the Prepared

Do you know the old saying “I’d rather be lucky than good”?  It’s partially true, but I like to put myself in the best position possible and not have to count on luck.

We have a possible set up for a bullish breakout in Twilio (Ticker: TWLO).  These types of technical set-up happen quite quickly if they happen at all.  I want to be ready if it does come to fruition.

Click the video below to see how we are set up for a nice entry if TWLO triggers.

Be sure to follow me on Twitter @MShorrCBOT.

about the author:

Mike Shorr

Since 1994, Michael has been an on-the-floor market maker, Vice-President of Interest Rate Derivatives for Knight Financial Products and Director of Education and Options Instructor at Trading Advantage. He makes the oftentimes complex world of options and trading accessible to the novice and advanced trader alike. Michael has a Bachelor of Science degree in Statistics and Finance from the University of Illinois Champaign-Urbana. He presently is Director, Trader Education at ProsperTradingAcademy.

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