After a rude awakening Friday we came in focused on Day 1 squeeze plays only which is our highest quality and favorite set up. Despite the market offering plenty of price action and potential profit we ended up with a small loss due to a few mistakes. We missed out on a huge move on KALA when we didn't obey our exit rules. If we had traded KALA properly we would have had a much different day! Our best trade of the day was on SDC, take a look at the charts below!
Check out the the charts below to see the trade and how it played out. Any questions shoot us an e-mail at [email protected] or leave us a comment below.
Today's Phalanx: 6 Tickers Traded (See the log below for more details): CMC, DT, KALA, MBOT, ONCY, SDC
Website and Live Youtube feed coming soon!
SDC 5 Minute Chart - 01/06/2020
SDC Daily Chart - 01/06/2020
See the trade log below for all of the trades we made today, feel free to check them out or leave a comment.
Total P&L for today: ($68.20)
"Trade the Phalanx way!!!!"
Disclaimer: This post is for informational purposes only and should not be considered investment advice. Please consult your investment adviser or do your own research before making any investment decisions.
Nice polling charts!
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