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I called this market selloff last week, so if you were still holding MEME trash, well, then that’s a trading lesson for you. I warned that MEME stocks were probably about to get the Kibosh HERE, and I made AMAZON (AMZN) my Bullseye High Conviction short last Monday HERE. I’m not Nostradamus; I’ve just seen this setup play out over and over again in my 20 years of trading.
Because of this, when my High Octane Scanner Alerted a Bearish signal on Paypal (PYPL) on Thursday, I was ready to pull the trigger quickly and sent out an Alert to Total Alpha subscribers. Here’s what it looked like on the Raging Bull App:
If you haven’t got the Raging Bull App yet, what are you waiting for? Sign Up Here!
If they missed the App alert, Total Alpha subscribers got it in their E-mail.
And Here’s What Happened to those options:
BOOM! The markets move fast, so you have to be ALERT. We’re having a special 1st-month trial offer. Take our High Octane Alerts for a test drive today!
You’re only as good as the stocks you trade. No matter how good your trading skills or stock analysis, if you’re not in the right stocks, at the right time, you’re going to struggle.
I’ve been working with my programmers here at Raging Bull to develop an improved scanner for my strategies. So when it fired an alert off on PYPL, I was licking my lips. I was bearish on the market, I was bearish on MEME stocks, so when the scanner showed weakness in PYPL I didn’t hesitate.
Here’s the High Octane Scanner alert I saw:
I then sent out the Alert as I made the trade to All Total Alpha subscribers, this is what it looks like in the Raging Bull Trader Dashboard:
And then this is what happened to the stock:
Nice Move! Now compare that to what the Options did:
That’s an 80% move in less than 3 days. And all our subscribers at Total Alpha were alerted to this trade.!
Are you tired of missing good entries? Not sticking to your trading plan and getting emotional like a noob Beta? Become an Alpha Trader today, and get access to our Scanner, Live Trade Alerts, Daily education, and preparation. Total Alpha has all the tools to take your trading to the next level.
We’re having a special 1st month trial offer. Take our High Octane Alerts for a test drive today!
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Also we’ll be sending you our latest newsletter- 360 wall st. Think of it as your “360 view” of the market each day, where you can benefit from multiple perspectives. Sign up HERE
Every trading day, you can expect to receive 2-3 of our traders’ top ideas.
It could be an option trade I really like, a crypto idea from Jake McCarthy, a momentum stock idea from Jason Bond, a fast-moving penny stock that Jeff Williams likes, a trade Davis Martin finds enticing, or maybe even something unusual that one of Ben Sturgill’s scanners has picked up. Sign up HERE, and get access to 360 Wall St at 0 cost, for a limited time.
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Image and article originally from ragingbull.com. Read the original article here.