Week in Review: February 10-14, 2020

by | Feb 14, 2020

What an incredible week. Not the craziness of a few weeks ago but steady trends with a ton of range on several name that you could trade all the size you wanted easily. Starting with small positions and adding to winners was huge while also keeping risk relatively low. If you are thinking about getting started with us, shoot me an email [email protected]

 

VTVT Broadcast Plan

One of the features of being an IU member is the live broadcast @InvestorsLive does every morning prior to the open. It gives members a chance to review the scan from the night before in real-time and go over plans for the day. Even if you never end up trading any of the tickers covered it is a great resource to help build your trading process. VTVT was a perfect example on Monday. Nate went over his game plan and key levels and then executed the trade.

 

 

REXN Long Twice

Sometimes your reads on a certain stock are just spot on. Nate had his thumb on the pulse of REXN on Tuesday. With a risk of .12 or so on the 2.50 line he started in on dips an hour or so after the open. Selling in the high 3’s to lock in profit. Then prior to the close volume began to come in and offered up a 2nd trade.

Chat logs from the first trade

2nd Trade

 

 

Almost a Double

Wednesday, CAN was a classic momentum trade. @Oddstocktrader started in on dips in the mid 4’s. As momentum builds it began to rise faster and faster. Nice steady trend with several dips to add to the winner.

 

 

GNPX Scan and Trade

Just another example of having a solid trade plan and executing your plans based on key levels.

 

 

SPCE Rocket

Why not mix things up with a swing trade. Nate had it on his Free Sunday scan and held all week closing the position mid-day Friday.

Enjoy the long weekend!

Sean

 

 

 

1 Comment

  1. Thanks

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *

Related Content

15 Trade Management Tips to Improve Your Trading

15 Trade Management Tips to Improve Your Trading

Trade management is an important part of the trading process. It's not enough to have an effective strategy - you also need to execute that strategy properly. Think of this distinction as the difference between creating a well-rounded business plan and actually...

Adapting to the Market – 8 Practical Tips for Traders

Adapting to the Market – 8 Practical Tips for Traders

The stock market is constantly changing. If you are fortunate enough to find success as a trader, you shouldn't get too comfortable. A strategy that works for days, weeks, or months is not guaranteed to work forever. Career traders who achieve long-term success...

14 Tips to Improve Your Trading Mindset

14 Tips to Improve Your Trading Mindset

Your mindset is an important part of your trading. How you think will impact how you trade. Your mindset will ultimately determine what you focus on, how well you learn, how you react to trades, and so on. Today, we are going to discuss some quick tips to help you...

The Process Behind Trading Success – Nate Michaud on SimCast

The Process Behind Trading Success – Nate Michaud on SimCast

https://www.youtube.com/watch?v=yaHEIFvHh5g Topics Discussed Long Trading vs. Short Trading (and Where Nate Makes More Money) Using a "Macro Mentality" in Trading Scaling in and Out Around a Core Being Early vs. Being Right Why Day Trade vs. Invest? Finding The Best...

Day Trading Course