Every day I tell students the market rewards good decision making. That has never been more true than in this hot market.
The best decision you can make trading today.
This market is amazing but to get the most out of it you’ve got to make one decision consistently. And it doesn’t matter if you trade 100 times a day, or once.
The Big Picture
If you’ve got a loser just cut it. The longer you stay with a loser, the more it delays you from finding the next big winner.
Look at the Data
Looking at the data from this week, the number of Oracle signals, the Rubicon Codex, Iris alerts and Flux Algo alerts, if you don’t cut your stop losses… I’m not sure what to tell you.
Even if you haven’t joined one of my services yet, and all you do is look at top percent gainers, it’s the same story. When there is this much opportunity, you don’t have any reason to hold a loser.
Why would you hold? What could possibly influence you to not just cut immediately, when every five minutes something is hitting one of our patterns? Whether it’s RCT, dip & rip, weak-open red-to-green, it’s literally unlimited opportunity.
Why would you sit in something that is not working for more than a few minutes?
At the end of the day, that’s an opportunity cost. It’s like a blockade stopping you from making money.
My Take
I can understand wanting to be patient a month ago because it was slow. There wasn’t much going on. Now, I know people don’t like losing. Spoiler alert, it’s part of trading.
Right now, taking quick losses could be the difference between taking advantage of this and missing it completely.
That’s why I’m trading the patterns as they come, and as much as I can keep up.
The Bottom Line
Cutting losers is always a smart decision. And this market rewards that decision because it frees you, and your capital, for the next big winner.
Watchlist
Even though the market rewards good decision making, you do have to be there and ready to trade your plan.
Crossing the Rubicon is one of the hottest setups of the past two weeks.
Here are two examples from the past two days:
Real Messenger Corporation (NASDAQ: RMSG)
On Monday, RMSG hit a high of $3.96 after crossing the Rubicon right at the open.
Snail, Inc. (NASDAQ: SNAL)
Yesterday, SNAL failed the dollar cross in premarket, then crossed about 15 minutes after the open.
Understand that without a plan and risk management, it’s just as easy to lose on one of these.
Look at SNAL above. It chopped around and halted both to the upside and downside throughout the day. That’s why having a plan is so important.
One smart decision you can make right now is to get access to education and tools.
Today’s the day. My one and only trading mentor, Tim Sykes, celebrates his birthday today.
Yes, he was born on tax day. Here’s his gift for you.
A dollar doesn’t buy much anymore, except for Tim’s Birthday.
On My Radar
- Amazon is buying Globalstar to compete with Starlink. Score: Starlink 9,000+ satellites to Globalstar’s 48. “We’re #2. We try harder?”
- Anthropic’s new Mythos model is “too dangerous” for public use. At least the company briefed the Trump administration before deciding to withhold it.
