📈 Trade of the Day: YGMZ

This week has been great for short sellers. Did you catch any of the trades? ​[Click here to get the Short Selling Course for free](=)​ Today I spotted a short trade - it happened so fast I almost couldn’t react quickly enough. If you want to know more about the trade, read on. 📈 TRADE OF THE DAY: YGMZ I saw YGMZ jump in pre-market, around 20 minutes before market open. It was skyrocketing to the moon - then suddenly started to fall - all within just 2 minutes. When I see this kind of jump and immediate turn around, I want to short that stock IMMEDIATELY. But hold on. Let’s break it down why this was such a “gimmie.” YGMZ has an amazing long term chart with a steady downtrend, and seeming to fall everytime it jumps, [which you can see here](. It’s not a great company, and has negative 3 months of cash left. During those few moments, it had just hit a missed pivot, and fell below VWAP in just one to two candles on the 1-minute chart. We LOVE it when that happens! That’s when I borrowed my shares to try to catch this falling star. 🌟 I waited for it to pop back up with a limit at $1.31 for my entry, which worked perfectly. I even considered what I would do if the trade moved against me … and decided I would trade small enough so I could add to the trade later on in the day if necessary. So I located more shares just to have them in my arsenal. But then … YGMZ fell BEAUTIFULLY and I closed my trade around $1.08 at the Ghost Pivot. I used 3000 of the 4000 shares I borrowed to grab a $700 gain in less than 10 minutes. Remember, most traders lose money. And my results are not typical. (And you can do the short selling course for free - click that link above - there is no sales pitch and no credit card needed) You can see my day’s P&L here and also on [Kinfo.com](. These are the days I really feel like “I’ma do my stuff” (a little Kendrick Lamar reference there. Haha.) Remember, my results are not typical. Trading is hard, and most traders lose money. But I believe in you! I love the heck outta you, Rob ​ [Unsubscribe]( | [Update your profile]( | 2001 Timberloch Place Suite 500, The Woodlands, Texas 77380 [Built with ConvertKit](=)