Hey Guys & Gals â Before I get into todayâs rundown, hereâs a shout out to the Lotto Legend, Ethan Harms â check out LottoX on Thursdays! [Image Altered]( You too, like Mike, could be knocking out LOTTOS like he does chumps! [ CLICK HERE to get 3 MONTHS Access for LESS THAN $7/WEEK]( --------------------------------------------------------------- Now letâs dive in⦠Recently one of my buddies asked me what I was most afraid of. It caught me a little off guard. Unless you are talking to a therapist, who thinks about this stuff? âGetting trapped in an elevator with two economists arguing about whether or not a recession was coming.â What a nightmare. Thereâs nothing I care less about than forecasts. As a short-term trader, it just doesnât matter â the charts tell me everything I need to know. For example, yesterday I took a nice profit from a short trade on ABOS. * Results not typical. Trading is hard. ABOS is a small biotech company that popped on some news of a clinical trial. I've traded this stock before, always long, but after the news pop, I'd noticed the company was in a good position to raise capital and figured that would act as an anchor on the breakout. When it went supernova, I felt it was the right time to take a shot at $13. A day later, they filed a $100M offering, and the stock is down to about $8.00. How did I play this? When it went supernova (in my opinion), I sent out this Lightning Alert: Look at the chart â did those people buying at the top think this was the next NVDA? I almost feel sorry for those FOMO traders buying near the top, but if a âsuckerâ wanted to buy shares at that lofty level, I felt obliged to sell it to them. And how did I close this trade?  Here is my trade update sent to members: This is technically called "short selling.â This is not something I do very often, but when the opportunity presents itself and I find shares readily available at my brokerage, I love to take advantage of it! [Click here and find out how you can get in on the action](. Donât be one of those left holding the bag on moves like this. You get exclusive access to my watchlist, daily updates, chat room, and the exact trades I make when I make them. I want to point out that I cannot speak for my membersâ performance, as results may not be typical and trading is HARD. And I cannot guarantee you will make money. But what I can guarantee is that I will work my BUTT OFF to teach you WHY I trade WHAT I trade. Hope to see you there, P.S. Iâm excited to announce weâre starting another [Small Account Journey]( on July 24th. Itâs starting in LESS THAN A WEEK. Only a few folks are invited on this journey to grow a $2,000.00 account, so get in while weâre offering an amazing early-bird discount. **[Click here to claim your discount code: SAJ70](** *at the time of writing! RagingBull, LLC
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