Week in Review: December 7-11, 2020

by | Dec 11, 2020

Another great week in the IU community. So many members having record weeks or months is astounding. If you are on your A game right now this will be a year to remember. If you are new or an experienced trader that is having trouble, take a step back and really analyze your trades. Both winners and losers. What trends do you find in both? Reach out to me if you are struggling and I will try and help. [email protected]

This week we have both of our streaming courses plus a quarterly IU membership for $1297 and I am adding in a bonus month making it 4 months total. This gives you every tool we offer to help get you up to speed as quickly as possible. http://investorsunderground.com/s/eU7EB/

 

FSLY Fade

Nate shared his trade plan for FSLY on Monday morning. Once he started to see the higher lows (not staying heavy) he covered his remaining shares. Having a trade plan like this allows you to capture more of the move vs. having a static reward level of covering at $87.

 

 

QS Crystal Ball

One thing that Nate is a complete master at is seeing the signs that shorts are soon to be in a big bind on a ticker. Here is a little cheat sheet for new members. If Nate says shorts are likely in a bind, DO NOT SHORT IT. Nate got long with a wide stop considering the range. Then the only fight was trying not to sell it.

 

 

GLSI Run

Not a ton to learn on this one. I just added it as it was crazy to watch in real time.

 

 

SGMO Change of Plans

Sometimes you change a swing trade to a day trade and day trade to a swing. Nate was anticipating this move taking a couple of days to work out when it ended up only taking a couple of hours.

 

 

VERU News

Our weekly edition of a great news play. What a awesome way to end the week. Thank you T530!!

Have a great weekend!

0 Comments

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Your email address will not be published.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...

13 Tips to Minimize and Prevent Trading Losses

13 Tips to Minimize and Prevent Trading Losses

How much higher would your trading profits be if your losses were cut in half? How much higher would they be if you only lost half as frequently? Most traders focus on chasing profits and forget that minimizing losses can have the same net impact on your bottom line....

Day Trading Course