If you missed my event on Thursday night — you might begin to regret it…
The IRIS scoring system already posted its first alert not even 24 hours after it was open to the public.
This trade idea scored a perfect 10 out of 10 and the first profit-taking level was already hit after a $10 per share move!
This trade is still open so we can’t call it a win yet — but I’m excited how it’s kicked off.
And it’s a pretty incredible opportunity to leverage AI in your trading…
So today I’m diving into the details of the trade idea. Plus, I’ll show you why this could be the game-changer for your trading you’ve been waiting for!
Registration for my exclusive IRIS analytics alerts CLOSES TONIGHT!
Watch my presentation and sign up now before it’s too late!
The First Swing Trade Idea From IRIS
Our first IRIS alert was sent at 9:57 a.m. on Friday morning for Super Micro Computer, Inc. (NASDAQ: SMCI).
The stock was in a downtrend all morning … But the moment our system identified it and sent out an email, the stock bottomed — precisely at the IRIS system’s proposed entry price.
SMCI chart: 1-day, 1-minute candle — courtesy of StocksToTrade.com
That’s a pretty incredible start…
The SMCI trade idea scored a perfect 10 on the IRIS scoring system. It gave a signal entry at $325 and the first profit-taking level was $335.
And while that might sound like an expensive stock to buy if you have a small account, the IRIS system is focused on swing trade opportunities, not day trades.
So we’re not looking for big explosive moves. We’re looking for stocks that slowly grind higher over a longer period of time so we don’t have to monitor them every minute of the day.
The more expensive stocks also don’t have such volatile moves to the downside which makes it easier to manage risk.
If you struggle with managing risk, the system can help you with that too…
For SMCI it laid out a plan with a 2:1 risk-to-reward ratio which is the same ratio I like to look for before a trade. And it explained the risk factors of the trade and gave the risk a number score as well.
So what made SMCI a good potential trade to enter?
IRIS explains it all in the email alert sent to subscribers.
But the best part about this system is that it finds these opportunities, and gives you the game plan, an explanation of the trade idea, and the potential risks — all automatically!
If you’re a part-time trader or just too busy to sit and watch charts all day and dive deep into earnings and research — you’ll want to check it out!
It’s too long to explain how it all works in this newsletter. You’ll have to watch this video to get all the details.
Plus, when you join you get a ton of bonuses to help you get the most out of IRIS’s alerts.
Start using it today before registration closes!
See you on the inside.
Have a great day everyone.
Tim Bohen
Lead Trainer, StocksToTrade