Week in Review: May 4-8, 2020

by | May 8, 2020

Another fun week in the books. Hopefully these market conditions continue of the the foreseeable future. Since we have a lot of new members and potential new members that read this blog, I included a few swing trades as most new traders will be starting out under the PDT rule.


MARK Swing

Nate started into this swing trade a week ago. There were several headlines that this company would be a part of the reopening process in Las Vegas.



Blockchain Swings

On Wednesday Cody alerted the room that he was starting into the Bitcoin related stocks. He ended up swinging several of them.





Stapes was first with the news on NCLH on Tuesday. This was the first of several news stories on it for the day.



GNUS Failed Follow Through

On Thursday Nate shared his plan to wait for ramps to get short on GNUS.



NXTC Swing

Nate started into the dips on NXTC and planned to swing it as long as it stayed above $35. $4 a share for a 24 hour hold is pretty sweet.

Have a great weekend! Reach out if you are thinking about getting started with the IU Community. [email protected]





Submit a Comment

Your email address will not be published.

Related Content

24-Year Old Makes $10 Million Day Trading - Interview w/Jack Kellogg

24-Year Old Makes $10 Million Day Trading - Interview w/Jack Kellogg

https://www.youtube.com/watch?v=TFKFDRaR6NA Video Topics Jack's Trading History OTC Penny Stock Trading How to Research OTC Stocks Short Selling OTCs and Penny Stocks Jack's A+ Trade Setups How to Manage Your Positions Penny Stock Traps to Avoid Evolving from OTCs to...

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...

Video Interview With Cody (@OddStockTrader)

Video Interview With Cody (@OddStockTrader)

https://www.youtube.com/watch?v=qDEweD72zow Topics Discussed Cody's Trading History Transitioning from Online Poker to Online Trading OTC Stock Trading (The Appeal + How it Differs from Momentum Trading) Cryptocurrencies and NFTs Cryptos vs. Stocks How to Identify Hot...

How to Find Your Niche as a Trader

How to Find Your Niche as a Trader

https://www.youtube.com/watch?v=PdDdxeJlk7w Topics Discussed The Importance of Finding Your Niche The Components of a Trading Niche How New Traders Can Find Their Niche Nate's Niche How Other Traders Can Help You Shape Your Niche Analyzing Your Trades to Figure Out...