Good morning, Keeping an eye on momentum breakout stocks PTPI >$3, PTN >$.70, APDN >$6, PRPO >$2.30, BFRI >$9, ATNF >$6, and IINN >$3.70. Remember, my goal on momentum stocks is to capture 10-20% from my entry as quickly as possible. If that happens within an hour, the same day, that night in the after-hours, or the next morning premarket, it doesn’t matter to me, I look to lock it up. Remember, anything that goes up 100-200% in a day or week, can easily fall 50%, so it’s more important to learn how to capture the meat of the move within the breakout than it is to hit home runs. Greed kills in momentum trading. Base hits as quickly as possible is the name of the game. [These 7 lessons]( teach this small account strategy in detail. Also watching [J-hooks]( breakdowns ABOS, CNVY, DATS, DNAY, FEMY, IFBD, KLTR, and MIRO this week. FEMY is my favorite above $4. As a general rule, these are more swing trades so 1-4 day holds. I’m in January Effect stocks DIDI, BTBT, VUZI, HEPS, HLBZ, IQ, and WIMI headed into Monday. See my [journal]( for open and closed trades. I’ve built these positions across a few weeks and as December comes into focus, my goal becomes 5-20% exits from my entry price, rinse and repeat, so long as the range is still there. Trading In The Zone, chapter 11, page 184 Creating A Belief In Consistency Creating a belief that “I am a consistent winner” is the primary objective, but like my intention to become a runner, it’s too broad and abstract to implement without breaking it down into a step-by-step process. So what I’m going to do is break this belief down into its smallest definable parts and then give you a plan to integrate each part as a dominant belief. The following sub-beliefs are the building blocks that provide the underlying structure for what it means “to be a consistent winner.” I Am A Consistent Winner Because: - I objectively identify my edges. - I predefine the risk of every trade. - I completely accept the risk or I am willing to let go of the trade. - I act on my edges without reservation or hesitation. - I pay myself as the market makes money available to me. - I continually monitor my susceptibility for making errors. - I understand the absolute necessity of these principles of consistent success and, therefore, I never violate them. This is one of my favorite books about trading and I recommend you read and reread pages 184-188, penciling in notes, right in the book. Then come back to it from time to time and question if you’re subscribing to these sub-beliefs. Good luck with your trading today and as always, I will pre-alert in JasonBondPicks a minimum of 10-minutes before I buy, using the RagingBull APP. You can follow the instructions to download the APP below. Jason Bond [Alternate text]( [Image] [Facebook]( [Twitter]( [Instagram]( [LinkedIn]( RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Unsubscribe from all RagingBull emails]( © Copyright 2020, RagingBull 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. Any RagingBull 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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