BBBY bagholders take note⦠Good Morning! You canât just buy a stock with no plan and expect it to work out each time⦠But what really bugs me is hearing traders who nail the trade but fail to take profits, only to incur significant losses. Greed kills in the stock market. So if you lost money in Bed Bath & Beyond Inc. (NASDAQ: [BBBY]( or any of the other short squeeze stocks last week, pay attention⦠Iâll show you how you can avoid holding the bag next time while stacking wins, and building your account up. Note for Gmail users: If youâve been missing out on the Daily Accelerator, check your promotions folder then click the three dots in the top right and move the email to your inbox. Donât Be a Believer As day traders, we [take advantage of short-term stock movements](. We donât believe in the company. And we donât believe in some BS price target random Twitter users or analysts throw out there... These stocks are just trading vehicles. Theyâre four letters. And BBBY was just a pump⦠Whether itâs by [meme stonk traders]( on social media, venture capitalists, or some kid trading with their dadâs money⦠Donât believe any of it. In the [SteadyTrade Team]( we knew what BBBY was from the beginning⦠It was a watch for dip and rips, red-to-green moves, breaks above the previous day's highs, and other [patterns](. But thatâs it. It was no different than any other stock ⦠(look at RDBX for example.) And we knew how it was going to end. Iâm proud of that... Because hopefully, if you follow the process I teach, it prevents you from holding a loser like BBBY. But if you donât listen to me, thereâs another way you couldâve avoided the BBBY destruction⦠Follow The News While headlines of a [venture capitalist taking a position]( in a stock can create trading opportunities to the upside⦠You also have to follow the news on the other side and know when itâs time to get out. The [Breaking News News Chat]( team sent out two alerts before BBBY tanked. One when RC Ventures filed to sell shares. Another was when a [SEC filing]( showed the venture capitalist owned zero shares. Look at this pain you couldâve avoided. Both alerts went out right before BBBY fell off a cliff. If youâre a [subscriber]( you don't have to wait until the next morning to go to your computer and see the massive gap down. The news is delivered right to your platform. Sadly, there are a lot of people out there who donât follow a plan, donât have [Breaking News]( and just hold and hope... I donât want you to be one of them. If you are holding a loser, drop the bag and start fresh⦠Trade with a plan, [use stop losses]( and take profits when you have them. Then [track your data]( along the way. And youâre always welcome to join me daily for coaching in the [SteadyTrade Team](. Have a great Money Monday, everyone. Iâll see you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade sponsored [$127k in just 24 hours?!]( ð³ Did you catch the Shadow Trades Summit with Tim Sykes and Mark Croock? [If not, check it out now before itâs too late.]( Mark pulled back the curtain on his shadow trades strategy⦠Detailing step by step how he was able to make $127,000 in just 24 hours, during the middle of a market crash! [Donât miss this⦠Click here now.]( sponsored [Are You Missing Out On Epic Trades?]( StocksToTrade's Breaking News Chat could be what's missing in your trader toolbox... You get two financial analysts feeding you stock news and alerts often before anywhere else while joining a community of traders like yourself. Tim Sykes encourages his students to use Breaking News Chat every day: [Try Breaking News Chat]( Recommended Membership Gifts ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. 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