Welcome traders,
Today we’re exploring a few of my most recent trades.
These patterns work on the hottest stocks right now!
Pay attention, and take notes. This could be the piece of the puzzle you’ve needed. The “aha” moment you’ve been waiting for!
Let’s get right down to business:
On Monday, September 23, we got a trade alert from our Breaking News system that stated Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) entered into a merger agreement with Delta Corp. Holdings Ltd., a fast growing logistics company.
Mergers are often bullish catalysts because two companies combined are worth more than either alone.
Take a look at the trade alert overlaid on the KAVL chart below. Every candle represents one trading minute:
Get the next Breaking News trade alert!
My first trade notification was at 9:07 A.M. Eastern, only 5 minutes after the initial alert.
I wouldn’t have found my first profit opportunity if it weren’t for Breaking News. I can’t stress this enough, the Breaking News system helps traders show up on time for these plays.
Take a look at my trade notes below:
Here’s what it looks like on the chart, every candle represents one minute:
Basically, I bought a momentary dip at the very beginning of a volatile spike.
Then, I held shares until the price ran into resistance around a significant price level, in this case it was $1.40.
Let’s move to my next trade …
I Took A Small Loss
This is the most important aspect of today’s blog post.
The ultimate goal is to make money while trading.
But if you can’t keep the money … It doesn’t matter how much you make.
That’s why my #1 rule is to cut losses quickly!
We’re trading volatile stocks … There’s no telling when the price could fall apart. Don’t get married to your positions.
Besides, you can always cut the loss and get back in later.
Let’s look at a solid loss I took on KAVL:
Here’s my trade on the chart:
I bought shares on a dip around an area that looked like it had support, $1.60. When the price fell lower, I quickly cut the trade.
No second guessing. I followed the rules and protected my earlier gains.
And now for my third trade:
Another Profit
Patience, patience, patience …
There will be another profit opportunity right around the corner.
Don’t let a ‘good loss’ dissuade you from the next opportunity.
I took a loss on KAVL, but I got right back on the horse and buried the loss under more profits.
Take a look at my notes below:
Here it is on the chart:
The price dropped to a level that I thought could show some support, $1.40. Then I bought shares and waited for the price to push higher.
It seems like a simple pattern, but hindsight is 20/20.
It’s not always as easy for new traders, especially because there’s real money involved. The prospect of making or losing money can provoke a lot of emotions that lead to poor trades.
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The AI follows my exact patterns!
Get familiar, there will be more trade opportunities this week.
Cheers.
*Past performance does not indicate future results
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