Imagine having bulletproof discipline that held you back from chasing an entry in Vistagen Therapeutics, Inc. (NASDAQ: VTGN) in premarket…
You’re probably kicking yourself right now for missing out on huge potential gains.
But discipline is a good thing so don’t throw it out the window just because of one trade…
Because today I’m going to show you how you can stay disciplined and follow a plan…
While still getting into some of the biggest runners in the market.
It’s tough to become a successful trader on your own — but having the right tools can give you that helping hand you need to spot these big potential runners.
VTGN was on fire yesterday, so today I’m showing you how I spotted the stock, my plan for a trade, and how you can prepare to catch the next one.
My Trade Plan For VTGN
Vistagen Therapeutics, Inc. (NASDAQ: VTGN) announced positive results from its Phase 3 trials for its nasal spray, targeting social anxiety.
The Breaking News Chat team nailed the alert at 8:30 a.m. Eastern.
And they alerted it again after it was halted in premarket for news. When it reopened the stock was trading at $2.50. And it went on to have a whopping 2,300% gain from the alert!
When I found the stock I was giving my live morning webinar (see how you can get in them daily here), and the stock was trading around $5.00.
I saw the Breaking News Chat alert and the press release read nicely, so I knew we had our number one watch.
I tried to write out my plan for subscribers as fast as I could since the stock was spiking so fast…
9:05 AM
$VTGN
A very solid headline on a low float former runner, $VTGN(1.62/-3.57%) To resume trading at 9:00AM EST Vistagen Announces Positive Top-Line Results from Phase 3 PALISADE-2 Trial of Fasedienol (PH94B) Nasal Spray in Social Anxiety Disorder
Nice multi-month breakout as well
Buy in pre, sell in pre if you saw it on Breaking News, otherwise, wait for it to settle down.
Signal: $5.50
Risk: Lower oracle Level $5.18
Goal: $6.50
See how you can get my number one watch daily with a plan laid out just like that here.
VTGN had a very solid headline, it’s a low-float former runner, and it had a nice multi-month breakout on the chart. Plus, it was Money Monday…
So it was all there for a solid trade idea.
If you were up early and prepared for the move, it was a good opportunity to buy in pre, sell in pre. It wasn’t a chat pump so we didn’t have to worry about him killing the momentum. And it checked a lot of boxes.
But even as it kept spiking I was screaming for traders not to get greedy!
Whether you were in the trade or missed it — a big spiker like that can stir up FOMO and regret real fast…
So what can you do if you’re kicking yourself for missing it?
What to Do if You Missed the Move
It’s not what traders want to hear…
But there will always be another one. And I think VTGN changes everything.
Like, remember back in November of last year when Palisade Bio, Inc. (NASDAQ: PALI) had a big run?
It was kind of a slow period for trashy low floats and then we had PALI with a 100%+ gain in one day and I said this changes everything…
Then for about six months, everyone was looking for the next PALI and we had months of hot runners…
VTGN is going to do the same…
So I don’t expect you to be happy about missing a big runner. But getting mad isn’t going to change anything.
All you can do is get ready for the next one. Because today and for the next few months, everyone is going to be looking for the next VTGN.
Be prepared by signing up for my Daily Market Profits email alerts and trade plans. I also go live every day at noon to give you my top afternoon play.
If you want to get into my live webinars every single morning in premarket — attend a webinar here to see how to get into one of the best trading educational courses there is available.
Have a great day everyone. See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade