Watchlist/Open Trades Update
UVXY: hanging bear trade, issued Wednesday Jan 27. Entry was in the $12.50 area, and it’s trading at $13.44 tonight. Target is $50 on the stock. I personally bought some of the 19MARCH $12 strike calls – I bought them for $3.25. I will watch it closely and don’t want to end up taking a big loss on this. This is the same instrument that me and my coaching students traded last year for huge wins. Stop under $12.
XNET: Double Dutch trade issued during the sales webinar Jan 26. We bought at 4.35 (approximately) and we’re looking for the stock to get to $6-10. It’s trading at $4.65 now and I think this has huge potential to take off and run. I will take partial profits at 6 and want to let the rest run to the $10/20 area. Stop is still under 3.50. The stock dropped a bit on Thursday but I’m ok with that.
LESSONS AND MORE
Telegram / Phone updates: We are working on phone alerts for you, and we will create a Telegram Messenger channel before Feb 10 (probably much sooner). Please be patient while we get that up and running. In the meantime, download the Telegram Messenger app to your phone. Link here for the app.
What is a Matador trade? Watch this video
What is a Double Dutch trade? Watch this video
What is a Hanging Bear trade? Watch this video
How to find hot stocks, Watch this video
Ok happy trading and see you soon
Daily Profit Publishing and Rob Booker do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor. We are not licensed to provide you personalized investment advice. Nothing in these communications should be construed as personal investment or financial advice.