We made $500 bucks on Gitlab in 4 minutes today

Today was one of those days where you actually had to work for a living.

It wasn't as easy as it normally is. It was choppy. But if you were patient, the trades did set up, they did work, and the streak we're on continued.

Let's look at Macy's.

My default: if it's green, I'm looking to short it. Give me a reason.

Macy's gave us the reason. It broke VWAP and went to the prior day.

If you traded the open, you could have shorted it at $22.32 and covered at $22.00 right away. That was a 2-second trade. If you had 1,000 shares, you made over $300 in literally 2 seconds.

But if you waited a few minutes for the setup to become even less risky, we caught the 1-minute multi-day VWAP reversal on the rollover at $22.00. The stock went down to $21.50 (for another $500), and we eventually covered the rest into the $21.25 area before getting stopped out of the balance on the way back up. A fantastic half-hour trade.

Then there was Palo Alto Networks.

I came in looking for a reason to buy it. We got the fake-out, shake-out back above the level.

We started buying at $280. 

It popped to the VWAP, putting us up 2 points almost instantly ($400 on 200 shares). Then it hit $285, our target. A nice 5-point move. We netted about 3 points total ($600) before it rolled over. Later that afternoon, it set up again at $281 with only $1 of risk, and we got paid another 3 points.

And finally, the easiest one of the day: GitLab.

Fake them out, shake them out, VWAP break.

Entry at $30.25.

Four minutes later, the stock was at $31.50. We made about a buck. On 500 shares, that's $500 in 4 minutes.

It's a living.

These examples are important because they show how trading really works. You get in, you sell some here, you sell some there, it rolls over, and you get out when it breaks down.

We're so good at using VWAP that we know exactly when a trade is over.

Prefer to watch? I made a video summarizing the day:

If you're already inside the room, I'll see you tomorrow.

If you're not in here yet, here's the link to join us.

Kenny Glick | Founder, Hit The Bid

P.S. You had to work today and be patient, but the setups still paid. $500 in 4 minutes on GitLab. $600 on PANW. A 2-second $300 win on Macy's. The streak continues. Join us here.