Two big overnight winners (and why)

No collapse for TSLA or NVDA…                                                                                                                                                                                                                                                                                                                                                                                                                 August 14, 2024 | [Read Online]( Two big overnight winners (and why) No collapse for TSLA or NVDA… Yesterday started out hot for traders following along in my Small Account Journey! We kicked off our morning call with a look at two trade ideas that looked strong to me: bull puts on TSLA and NVDA. I love the bull put strategy because it gives me a shot at solid returns but also clearly managing my risk. That’s important when you’re working with smaller trading accounts. While you can’t eliminate risk, the more of a grip you can keep on it, the better. In my TSLA review, I saw real strength on the stock even with some really big moves in recent months. On the chart (see below), I pointed out how there were big catalyst moves, but the retracement returned the stock price back to around the same levels. In other words, once TSLA got past the catalyst, it didn’t collapse - it just corrected back to a solid base. That meant, in my view, we wouldn’t see a big move down, but it was more likely to see a slight move up. I said the same thing about NVDA when I pulled up their chart, too: big move up, retracement back to a solid base. And in NVDA’s case, the stock price had already ticked up a little bit from the previous day. No collapse on the horizon. I loved the bull put strategy on both of these… and they turned out to be the right moves. I closed out both trades yesterday after being in them both just overnight. The results: - TSLA: +26% - NVDA: +45% *Trading is hard, results not guaranteed and should not be expected to be replicated typically. And of course, Small Account Journey traders saw the alerts when I got out, just like this: *Trading is hard, results not guaranteed and should not be expected to be replicated typically. That ain’t too shabby for one-day trades! And given I’m shooting for 30-50% profits on my trades, I’m a happy man. Even better: I didn’t have to risk my entire trading account to get these results. [That’s one of my favorite parts of my Small Account Journey.]( These are the kinds of trades just about anybody can do to their comfort level and risk tolerance. You don’t need to swing for the fences and risk it all. When you’ve got a more limited trading budget, you need to protect yourself! But that doesn’t mean you have to give up solid winners. (Most traders will take a +45% gain in one day!) Now imagine kicking off every day with a short, sweet, 10-minute video of me going in detail on trade ideas just like these. Why I like them… what trade setup I’d use… and what potential they hold. And they’re all trade ideas attainable for almost any trader - even if you’re only working with a few thousand bucks. This is what the Small Account Journey is all about: educating you with realistic, high-potential trade ideas every day. Whenever I make a trade with my real-money trading accounts, you’re the first to know. Right now, we’re giving you a shot at being a part of my latest Small Account Journey. I’ve already built one $2,000 account to nearly $23,000. And I’m starting another $2,000 account right now. You can follow along with both, pick and choose the trade ideas that fit your trade plan, and see the strategies that I’m using to try and get these accounts to $100,000. …all for a whopping 60% off the cover price. Twice as many trade ideas for more than half off the price. There’s never been a better time to jump in. [Click HERE to be a part of my Small Account Journey and learn how I find trade ideas with 30-50% profit potential… no matter what the size of my trading account.]( Eat, sleep & trade, Jason Bond DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [(. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. 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