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Two A+ Squeezes? Check out This Chart...

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Thu, Aug 1, 2024 12:31 PM

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Plus a lesson in preserving mental capital. member , asked me why I didn’t make a trade on the

Plus a lesson in preserving mental capital. [Trade of the Day Wake-Up Watchlist] "Right now Blackstone has A+ squeezes on the 130-minute and 60-minute chart." Nate Bear, Lead Technical Tactician, Monument Traders Alliance [Nate Bear] Yesterday a [Daily Profits Live]( member (who went by the name of “Sharky”), asked me why I didn’t make a trade on the QQQ that I had mentioned earlier. I thought this was a good question. It was also a good time to share a lesson I’ve learned throughout my time trading. And that lesson is… It’s vital to preserve mental capital. After Sharky’s question, I paused for a moment and asked myself… “Why didn’t I make a trade on the QQQ?” The truth was I didn’t have a specific answer. It was probably because I had thousands of people watching me in the chat and was focusing on them. Who knows. But when it comes to trading, managing my emotions is still my top priority. For example, if I get caught up obsessing about one trade – it could have a snowball effect where I lose focus for the next trade. And so and so on. So one thing I tell [Daily Profits Live]( members is not to worry about making EVERY TRADE. Instead, focus on finding a process for consistent winning trades. This way you can go to bed a little more confident (and potentially richer) every single day. For example, I trade my best when I have 3-5 swing trades open and 1-2 speculative lotto trades going on. That’s my sweet spot. But that's not the case for every trader. Some traders prefer having 10-20 trades open at a time. Some only make 1-2 trades a day or 1-2 trades a week. That’s why it’s crucial to find out what works for you. The truth is there’s always another trade, and this morning I’m going to show one of those trades on my watchlist. The ticker I’m looking at today is Blackstone (BX). I absolutely love this chart. [U.S. Government Report Alert Tuesday, August 6]( [Repost and Gains]( Every Time the Government Releases Jobs, Inflation, GDP and Other Economic Reports... Use he JOLTS Loophole to Target Up to 253%... 327%... Even 383% Overnight Profits! [Discover the Secret Loophole]( As you’ll see above, Blackstone currently has a lot of squeezes (you’ll see those circled in red on the bottom right corner). It also has two A+ squeezes according to my [S.A.M. scanner]( one on the 130-minute and one on the 60-minute chart. It also recently announced earnings on July 18, where it posted a 7% increase in total assets and declared a quarterly dividend of 82 cents apiece. So it’s coming off momentum from earnings. Action Plan: BX is currently consolidating just under the all-time high, and yesterday I got positioned on one contract in [Daily Profits Live](. I’ll be looking to add more contracts going forward. [Click here to see how I’m trading it in Daily Profits Live today.]( [NEW RESEARCH: AI Trading Tool "S.A.M." Could Have Found Profitable Trades With as Much as an 82% Win Rate (Over 5 Years)!]( [Nate with dog at Computer]( 5-year backtest shows that a revolutionary new AI-powered scanner developed by legendary trader Nate Bear could have found as many as 7,286 profitable plays (an average of 5 per day). See why traders who have early access can't stop raving about how powerful this new tool is. See the LIVE demo here... [>> Click to See the Demo <<]( [Monument Traders Alliance] Monument Traders Alliance You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. To unsubscribe from Trade of the Day Wake-Up Watchlist, [click here](. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 1.800.507.1399 | International: +1.443.353.4977 [Website]( | [Privacy Policy]( Keep the emails you value from falling into your spam folder. [Whitelist Trade of the Day](. © 2024 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.

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