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- Learning from Today’s Trading Chaos 📚
Learning from Today’s Trading Chaos 📚
It felt like a boxing match!
It feels good to wrap up another day. It feels like being in a street brawl if you’re trading right now, doesn’t it?
While I ended up having a great day trading QQQ back and forth, I have to say I am totally frazzled to end the day today.
I did make over $15,000 trading QQQ today, but this was one of the toughest sessions I have traded in a long time…
Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.
Back and forth, over and over. I probably made 50 trades during the day today, ugh. 🤦
That is just how the market is sometimes, where there is extreme volatility. Don’t expect it to change soon.
I also started a couple new positions betting that UVXY will drop soon. That isn’t working out yet, but I intend to hold that into next week.
This is a type of trade you make when you think the market panic is near the peak (or the market price is near the short-term lows).
If things stabilize tomorrow and into next week, UVXY should come down, and this trade will make money.
If the market continues to dump and volatility keeps rising… then this trade is in trouble!
Speaking of trades that didn’t work out, I need to own up to the alert I sent you this morning.
There’s no way to sugarcoat the idea I sent you this morning – it sucked!
While I’ve been landing on some good winners lately, that one broke down out of nowhere.
It’s a great reminder of why I use stop limits when it comes to trading
Anyways…
I refuse to end the week on a sour note like that.
So, tomorrow I am going to revisit a stock that has been one of the biggest movers I alerted this year – and it was just a month ago!
You’ll remember this one when I show it to you tomorrow.
When I first brought it to your attention, the stock was trading for $1.
Fast-forward a few days later, and those shares hit over $4.
That’s a 300% possible gain from my alert!
Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.
When you see the price chart tomorrow, you’ll see that it is looking explosive once again.
In this crazy market, you just never know what will happen. If we could catch even a piece of what it did last time, I would be thrilled!
From everything I see right now, I think this one has an excellent chance of working out.
I am really excited to see this setup happening right now as we close the week out, and I want you to be right there for action all day.
As usual, I’ll post all of the information on this page at exactly 9am EST.
🔖 In fact, why don’t you bookmark this link right now? I use it all the time and that way you won’t lose it.
That way, you will have plenty of time to watch this and research the stock before the market even opens in the morning.
I am really expecting big things here, so make sure you join us early and put it on your watchlist early on in the day.
Trade safe, and to a wonderful night!
I’ll be back first thing in the morning.
To Your Success,
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👊 By the way, if you are NOT getting our mobile text alerts – text “RAGE” to 1-(888) 404-5747 to get all of our latest HOT STOCK ideas delivered right to your phone (make sure you put the “1” at the front!). Don’t miss out!
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