Watchlist/Open Trades Update
ASXC: Slightly down today. Staying in for now until it hits our stop area.
KDP: The Hanging Bear trade has gone our way, and it’s fine to get out of the Put option trade. It’s currently at $1.10 and we bought it for $0.90. If you’re Shorting the stock, you can get out now for a small gain or wait 24 more hours. The option trade is done. We only wanted to hang in there for 24-48 hours anyway on these trades.
SOLY: This DD (Double Dutch) trade has dropped but hasn’t hit our stop. So we’re staying in.
IMKTA: This Matador trade is not doing much. We’ll give it 24 more hours.
LESSONS AND MORE:
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.