Trading After the Election: Smart Entry & Exit Strategies

Good morning, traders! The election is behind us, so let’s get back to the markets. Yesterday brought some outstanding trading opportunities after the election with clear signals, and we captured some excellent trades! If you missed it, don’t worry—our free classes on YouTube can get you up to speed.

As always, trading involves risk, so never trade with funds you can’t afford to lose. Now, let’s dive in and look at today’s market, the day after the election.

Current Market Overview:

The market is showing strong momentum, but I’ve waited for a slight pullback to enter at a better price. Right now, I see strong signals to go long, aiming for an entry around 5930.50 or better. Here’s my plan:

Limit Orders and Targets: Using limit orders lets us avoid jumping in too high. My targets and stops are pre-set to balance risk and reward.
Risk and Target Settings: I’m using a 1x ATR setting, with about a 4-point target, which translates to around $200 per e-mini contract. If trading multiple contracts, simply multiply to get your potential return.
Patience and Timing: I always wait for an ideal price, avoiding market orders. Precision with entries can make a big difference.

Trade Management and Time Consideration: I prefer trades that move in my favor quickly. If a trade stagnates, moving sideways, I may exit at break-even or a minor gain/loss to keep the account moving forward.

The Power of Price Action with Sonic System: The Sonic system provides real-time signals that give confidence in managing trades effectively. Whether you’re a beginner or experienced, our live trading room offers a collaborative space for questions, learning, and understanding each trade’s purpose.

Second Trade Setup – Long Strategy: A second signal came in, looking positive. I’m staying cautious, waiting for a favorable entry and another long opportunity. Remember, each trade has unique timing, targets, and price action. Patience is essential.

Trade Management Tips:

Risk-Reward Balance: Avoid setups where risk outweighs reward.
Managing Sideways Movement: If a trade stalls, exiting can be better than holding indefinitely.
Choosing the Right Entry Price: A good entry enhances your potential success.

Final Trade:

Today, I’ll demonstrate three consecutive trades, walking you through each to show how to use the Sonic system. This approach lets traders manage trades logically, providing flexibility with entries, stops, and targets.

The Path to Trading Success: With price action trading, you focus on understanding market behavior over relying purely on indicators. This allows informed, real-time decisions without feeling rushed. Remember, a few well-managed trades can be enough to succeed.

Ready to Learn More? Explore our mentorship program and free membership at DayTradetoWin.com. The Sonic system, along with price action training, provides a strong foundation for any trader looking to improve.

Trade smart, manage your risks, and I’ll see you in class!