Cash Flow Hacking Podcast: Expert Tips To Help You Grow Your Financial Wealth

Unpacking the Broadening Formation with Expert Guest, Rob Smith, Ep 107

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Sinopsis

Rob Smith is a trading mentor and the Director of Research and Trading Operations for Smith’s In The Black LLC at www.SepiaGroup.com.  He’s been engaged in the markets since the young age of 15.  In this episode of How To Trade It, Casey talks candidly with Rob about the Broadening Formation and his famous creation, The Strat. You don’t want to miss it!Subscribe to How To Trade ItYou’ll want to hear this episode if you are interested in…[01:10] Trading is a two-person job[05:50] Magnitude[12:50] Sideways 30 Pattern[16:52] The Strat!!![20:35] When to get in[25:54] The learning curve[31:23] How long to stay in a trade MagnitudeMagnitude is the idea of knowing how far an expected move will go and WHY.  Once you understand the concept that there are only three possible options, you will begin to maximize your success. At The Sepia Group we look at Time-Frame Continuity, instead of the usual Moving Averages because we believe that price doesn’t actually “move”, it aggregates.  So, for every buyer there must be a s