---
title: "21_risk_the-strike-the-confirmation-the-target-the-stop_FINAL"
url: https://stacklist.com/card/134c6a1d-d5d3-48aa-a189-13947bfc34a3
stack: https://stacklist.com/stack/98fbbf51-3b25-4e70-9bea-0c6a3358924e
summary: "Trading strategy discussing strike price selection, confirmation signals, profit targets, and stop loss placement. The speaker emphasizes the importance of these key elements in executing a consistent and effective trading approach."
tags: "trading-strategy, risk-management, strike-price, stop-loss, target-price, confirmation"
key_entities: "strike price (concept), confirmation signal (concept), target price (concept), stop loss (concept), risk management (concept)"
classification: "transcript"
content_hash: "sha256:518b6b882383bf0215ed07d3a2d6f6f6b67213d15864a8c5040ba21f0a60a296"
acp_version: "0.2"
token_counts_approximate: 107
visibility: public
agent_accessible: true
status: "final"
---

# 21_risk_the-strike-the-confirmation-the-target-the-stop_FINAL

[00:00] strike price that I'm going to use.
[00:03] Here's the confirmation that I'm looking for.
[00:06] I'm here's my target.
[00:08] Here's my stop loss area.
[00:11] This is when I'm going to start taking money,
[00:15] right? I tell everybody.
[00:17] It's the worst possible thing I could do to each of you,
[00:21] but I tell everybody.
[00:24] Um, and so it works.
[00:26] It works very, very well.
[00:29] And the last