Hey y'all!
Awesome day today; there were runners everywhere! FOLD, FIT, SHAK, LXRX, PLUG, even nailed a nice scalp on AMD which I don't think I've traded since like 2010! If you guys aren't making money on days like today PLEASE get in touch w/ me (Twitter, Reddit, email, comment here, whatever!) cause these are the days we live for as traders...when everything just works w/ no stress. I can help if you are having trouble and have helped a lot of traders turn their game around already! I specialize in converting people from dumbasses to great traders since I used to be a dumbass and am a convert myself thanks to some amazing mentoring that I paid up for!! Don't be a shy if you are in fact a dumbass...we have all been there and there is no shame, lol. Now...the bad part about today is that there were so many runners that they all overshot their norms and now there is nothing on my watchlist, haha. I do like DUST for a continuation tomorrow and there were a few earnings plays after hours which will probably give some opportunities like CTRP, TREE, MDAS and IDTI. Also ISIS released positive phase 3 data after hours but it hasn't reacted much...will be interesting to see if that reacts since this is the exact same news that set off LXRX today. Anyway going to keep this short and sweet tonight since I don't see many opportunities. My best advice is just watch the news in the morning and find the "LXRX" of the day...there is one of these pretty much every day, you just gotta find it. I suspect tomorrow's might be CTRP but we shall see! Key components: It has to be liquid, it has to have news, it has to be a company with real buyers and not some small cap garbage, and it has to have a trend. If you can find all four of those things it seems lately you can just buy any dip and with a little patience you'll get paid.
Oh also I took a small swing in CAP at $14.20...looking for a bounce similar to REN like I noted in last night's post!
Any questions just let me know what's up!
Chris
Submitted August 03, 2015 at 08:26PM by ghostofgbt http://ift.tt/1KNTHWZ
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