New to Mission Winners

Question: I work during the day and don’t get much screen time with the markets. If I’m using your Key List™, what’s the suggested approach when placing an order to enter? Should I place a limit order before the market opens?

Response:
If you’re using the Key List™ and can’t monitor during the day, here’s what you do: pick just two or three stocks from the list that have the cleanest, simplest patterns—these are the ones that stand out to you the most. Rather than using a limit order, place a buy-stop order at your chosen entry price. This helps you avoid missing the trade if the stock takes off, as a limit order might not get filled if the price runs up too quickly. At the same time, set a contingent sell stop to protect your downside. This way, if your buy stop hits, the sell stop will automatically kick in if the stock turns against you. It’s a simple, efficient approach that keeps you covered without requiring you to watch the screen.

Question: How should I protect the downside? Should I use a percentage loss for the exit or a moving average?

Response:
Either a percentage loss or a moving average will work to protect your downside. But the simplest approach—and often the most effective—is to use a clean base entry where you keep losses small by exiting if the price drops below your entry point. Using a contingent sell stop based on that clean and simple base can help keep losses smaller. My advice is to start small and gradually increase your position size as you get more comfortable with the process, which can help you stay disciplined and avoid any big losses.

Question: If a stock is on the Key List™ one day but isn’t mentioned the next day, should I remove it from my list?

Response:
Yes, go ahead and remove it from your list if it’s no longer mentioned the next day. This helps you stay focused on the most current and relevant setups, keeping your list clean and reducing distractions.

Question: I noticed that the recommended entry price can change from day to day for some stocks. For example, if stock ABC has an entry price of 120.50 one day, it might have a different entry price the next day. Why does this happen?

Response:
Great observation! Entry prices can indeed change as the chart pattern evolves. I adjust the entry price based on the latest price action to reflect the most favorable setup. This means I might refine the entry higher or lower depending on what’s happening with the stock’s movement and overall market conditions.

Question: Using 120.50 as an example entry price, should I buy it if it hits that price during the day, or should I wait to see if it holds above that level, maybe using a lower timeframe like a 10-minute chart?

Response:
When a stock hits the entry price during the day, switch to a 10- or 30-minute chart to see if there’s a volume surge. Volume is a critical indicator here; “no volume, no buy” is a rule I stick to because it confirms the strength of a breakout. If there’s strong volume supporting the price at that level, you’ve got a solid foundation for the trade. This way, you’re entering with the confirmation that other buyers are stepping in, making it less risky.

Comment: I’d be interested in an in-person teaching session.

Response:
I appreciate your interest in a one-on-one session! While I do offer individual coaching, it’s a premium service due to the time commitment involved. In most cases, though, members find all the resources they need through other channels like our Discord, the questions page on the website, or even through custom video responses—each of which offers detailed guidance and real-time support. If you’d still like to explore the one-on-one option, feel free to reach out directly, and I’d be happy to discuss the process and the specifics of how it works.