Week in Review: August 10-14, 2020

by | Aug 14, 2020

This week was FUN. Clean trends that pretty much lasted all day. I know a lot of people that read this blog are somewhat new to the trading world so I focused on long side trades a bit more than usual because those are the trades most new people start out with. I extended our flash sale to fill a couple more spots so get in if you are on the fence. https://investorsunderground.com/s/IeLFO


MCRB Momentum

Setups like these are some of the quickest to learn. $2 in risk for $14 in reward in 3 hours is a great way to start the week.



PEIX Earnings

Trading is all about getting information first. TexMex brought us the news of PEIX having a great quarter and then everyone was able to ride the ramp up just after the close.



Cody was all over this long trade on Wednesday. He shared his trades and running commentary throughout the whole afternoon.



HX Momentum

Much like the IGC trade, Nate shared his plans and trades for this HX trade on Thursday.



Upside Down RKT

I wanted to put one short in here for the week. This is the same failed follow through trade that we make pretty much daily in the IU chat.

Have a great weekend and let me know if you need anything. [email protected]




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