CJET trade plan and fade memes

Mothership chat room today

Chupacabras!

Mothership chat room ← we found Discord not as easy to stream scanners. I like trying new things and will always look to improve, but clearly the RagingBull chat room software is a better fit for SERIOUS traders. Bookmark this room if you haven’t other → THE MOTHERSHIP

Smashed another big win today on MGRX!

Advanced notice → 

Buy alert → 

Absolutely PERFECT algorithmic GO trigger on the 3-minute chart, right?!

CHEDDAR!

$1M Challenge Update:

  • Start date: April 25, 2024

  • Win rate: 85%

  • Profit: $5,972

  • Balance: $31,272

  • Percent gain: 25%

  • Average trade size: $4,225

*Trading is hard, results not guaranteed and should not be expected to be replicated typically.

I want to point out that I cannot speak for my members’ 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.

Firecracker #1 ← READ THE REPORT → I’ll be adding to this today to discuss the recent US manufacture Amorphology and LQMT Japan. 

Firecracker #2 coming by the end of May 

You should expect about 2 firecrackers each month. I’ll create a tab in the journal so we can track the long-term firecracker trades. I think 2-weeks to 2-months hold time is what I’ll be targeting here, with real money, but not as big as my long-term LQMT position. 

I’ll start producing new video lessons for how to day and swing trade penny stocks. 

Top 20 with $300,000 dollar volume premarket.  

I’m trading CJET at $.455 for a move above $.50, from Tuesday’s alert. If this fizzle’s out in the middle $.40’s I’ll move on from it. 

Expect a lot of day trades, some swing trades, but at the start of ALL trades my view is I hope to get paid today so it’s a day trade.

I think we could look at BNED and BZFD to the short side today. The meme stocks running are great, but I missed the moves up so I’ll look to capture the inevitable moves down, like we saw on GME and AMC recently. 

More trade ideas will develop as the day goes on. So be in THE MOTHERSHIP chat and be on the RagingBull APP.

Eat, sleep & trade,

Jason Bond

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