My favorite trade from this week - PRECISION TRADING LABS
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My favorite trade from this week

December 20, 2021

$NBR came on my radar on Wednesday. I set up the trade to trigger while I was away for the day.

Here is the trade when price touched my entry.

$NBR — ok, no complaints. made some $. But was making a decision with my hands tied behind my back. When dealing with non-blue chip or unfamous companies, I always a make a point to look at their short-interest, just to see if there’s something to help a long trade. I didn’t do that here because I wasn’t fully focusing. If you go to you’d discover that it has a big # as  % of its float, meaning that if the price spikes, a certain amount of short sellers are going to either run to take profits, or if they’re underwater, will head towards their puke-point if they’re not fully committed to the short. Had I known this, I’d have likely given this some more time today (but still wouldn’t swing it long)
Below is where the trade ended up ! I didn’t get all of it but like I said I am happy.

After all, a tool is only as good as your ability to use it.

I have handed you some valuable information
​Now let me show you how to use it.
You see, information is good… but ACTION is better.
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It’s where you hop on a live, 17 minute Zoom call with me where I will share my screen and take you through our exact process to determine and execute a winning trade right there on the live call, including the precise exit points of the trade.
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You can choose to make this trade yourself, or make it in a simulated trading account, or just sit back and enjoy watching how we come out ahead of the game, day in, day out, week in, week out, year in, year out…
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See you there,



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