We had our hands full executing all of the rABC set-ups that came our way. The focus was on charts of stocks and futures in lesser time frames, with the goal of finding sufficient day-trading opportunities to make a living at it. Turns out there are plenty of them – more, in fact, than we could handle. But lightning-quick execution skills are crucial in many instances, as is the capability of setting up stop-limit entries, even as they keep mutating with changing ‘C’ highs and lows. We were particularly careful in determining whether these trades would have been stopped out on closer inspection. You can see for yourself that, in fact, most of them worked out, delivering a steady stream of profits. Another important observation: When you get stopped out of a promising rABC trade, pick yourself up and do it again, since the second try turns out to offer even better odds.
