This week was all about patience, discipline, and capitalizing on the best opportunities. Some days were action packed, while others required sitting on the sidelines. But that’s all part of the game. Here’s a full breakdown of the trades I took, plus a key lesson that every trader can learn from.
Monday – RGC Hits My Max Target
Monday started strong with RGC, a stock from my free watchlist. If you’re not signed up, you’re missing out on a great way to get high odds trading plans and practice using the methods I use. RGC hit my max target zone perfectly. I held this trade for almost an hour, sitting through a few dips but staying patient. Eventually, it reached the bottom of my target zone, and I locked in a solid gain.
Tuesday – No Trades, Patience Pays Off
Tuesday was uneventful as nothing met my criteria. Rather than forcing trades, I sat on my hands and preserved capital. Some days, the best move is to do nothing and wait for a better setup.
Wednesday – Three Winners in One Day
Wednesday was the complete opposite. It was a busy day with three stocks meeting all my criteria. ADTX was the only one from the watchlist, but XHLD and BDTX both popped up on my scanners, which I alerted in the chatroom. All three trades reached my second target, making Wednesday the most profitable day of the week.
Thursday – No Trade Day, Stay Disciplined
Thursday was another slow day with no trades. When nothing fits my criteria, I don’t force it. Sticking to a disciplined approach is what keeps me consistent in the long run.
Friday – IBO on the Scanners, But Stopped Out
On Friday, I didn’t have anything on my watchlist, so I relied on my intraday scanners. IBO popped up soon after the market opened, and I alerted that I was a buyer over the premarket high. It hit my first scalp target of 5.41, but I always aim for target #2, which was 6.65. The stock made it about halfway there before fizzling out and stopping me out.
Overall Thoughts – A Profitable Week
This week reinforced the importance of picking the right spots instead of trading just to trade. Some days, like Wednesday, offer multiple great setups, while other days, like Tuesday and Thursday, the best move is to sit back and wait. Patience is just as important as execution in trading. Knowing when to trade and when to stay out is a game changer.
Overall, this was my most profitable week of March so far. I took five trades total, with four winners and one small loss. The key takeaway from this week is that discipline and patience pay off in the long run. I’m looking forward to next week’s opportunities. If you’re not in my chatroom yet, sign up now to get my daily watchlist and see my trading plans in real time. Let’s get ready for another strong week ahead!