From Loss to Gain: Navigating the Quick $500 Trade Setup

Tuesday morning was a whirlwind of action as I took two trades back-to-back. I’m going to break down the good, the bad, and the ugly of these trades, discussing what works and what doesn’t, and sharing some tips on managing these trades for the best outcomes. Let’s dive right in.

Trade 1 – Short Setup

Earlier today, around 10:00 AM, during our live trading class, we executed the first trade using the Trade Scalper and the Roadmap. Many of our traders with funded accounts utilize this combination alongside other tools like the Atlas Line. However, for simplicity, I’ll focus on the Trade Scalper and Roadmap as they are crucial for our funded traders.

At around 10:30 AM, a double wick long signal appeared, but it resulted in a losing trade. Managing such trades is essential. If a trade doesn’t show a profitable move within four to five bars, it’s wise to close the position. Although the long signal didn’t work out, we managed to exit the trade at break-even or a minimal loss, emphasizing the importance of trade management.

Following the long signal, a double wick short signal from the Trade Scalper appeared. The market tends to gravitate towards the roadmap zones, and this trade led us to a roadmap zone, which served as a magnet for price action. Entering on the way down to the roadmap zone was crucial for this short trade.

Managing the Short Trade

The Trade Scalper provided a double wick short signal, which was clear and straightforward. It’s essential to manage trades effectively: if the market doesn’t move into profit territory within four to six bars, consider closing the position. The market’s ATR (Average True Range) was around 1.75 to 2 points, indicating achievable targets.

An audible alert indicated another signal, but since we were already short, there was no need to re-enter or add to the position. If you missed the initial double wick short, you could take the main short signal.

We exited the trade with a clear two-point profit, adhering to our strategy of always having a target and a stop. Managing trades with three to five candles and knowing when to exit is crucial. If a trade doesn’t move in your favor quickly, it’s often a losing trade.

Trade 2 – Short Strategy

About 15-20 minutes later, another opportunity presented itself on the E-mini S&P. This time, the Trade Scalper gave a long signal at 529. However, this occurred near a roadmap level, indicating potential resistance.

Combining methods like the Trade Scalper and the Roadmap helps filter conflicting signals. Although the Trade Scalper suggested a long entry, the Roadmap indicated caution. I placed a stop order above the roadmap zone to go long only if the resistance was broken, ensuring a more reliable trade.

If the market reversed, I was prepared to cancel the long position and take a short trade based on the roadmap signal. This cautious approach allowed me to avoid potential losses and wait for a better setup.

Trade 3 – Long Entry

As the market continued, the roadmap gave a short signal, and I canceled the long position to go short. This adaptability is vital in trading. If a trade setup doesn’t pan out, be ready to switch directions based on new signals.

Managing trades involves evaluating the stop, target, and any conflicting signals. Most successful trades show a profit within three to four bars. If not, consider exiting the trade to avoid larger losses.


Today’s trades highlighted the importance of trade management, combining different methodologies, and being adaptable. Not every trade will be a winner, but effective management can minimize losses and maximize gains.

If you’re interested in learning more about our trading strategies and tools like the Trade Scalper, Roadmap, Atlas Line, and more, visit Join our live trading room to see these strategies in action and become part of our trading community.

Happy trading!

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