Blinded with rage... but we still got paid

Let me tell you what happens when you aren’t trading with us.

Your life is slipping away. You're missing the action inside the Hit the Bid room, where Sali Jello, myself, and the crew execute the trade that works. Every. Freaking. Time.

Take Navient, ticker $NAVN, this morning. I told you I was blinded with rage. I have nothing but disdain for this name. It gapped up on earnings. It broke VWAP. And I hate it. Every reason I could possibly want to short a stock.

And man, did it feel good when it worked.

Here is the anatomy of the trade: The stock breaks VWAP, the fade begins. Where does it go? The magic orange line, where it bounced.

It’s not magic. The market is rigged, and we have the rigging.

You shorted the stock at $24.04. It dropped to $22.10. On 1,000 shares, that’s close to $2,000 in one, two, maybe three minutes. 

Then it bounced, broke VWAP again, and if you wanted to go long, you bought at $23.70 and it went to $24.50. I didn't take the long trade because I hope the stock goes to zero, but the payday was there right out of the gate.

Then, there was Oracle.

Nobody was looking to short $ORCL today, right? You were waiting for a reason to buy it.

Wait for them to bleed it out. Get the sellers out. Fake them out, shake them out. VWAP break.

Entry: $179. Exit: $181. A clean 2 points.

It rolled over, we got out flat.

Then, the exact same setup happened again. Same price, $178 to $179. We sold it again for another payday.

Then it happened a third time. This one was only a dollar move, but as a day trader, making $2, $2.50, and $1 rips while risking a dollar - that’s the job. The stock went nowhere all day, but we managed to make 2.5 paydays out of it. Just staying focused.

And then we have the $QQQ.

People keep telling me the market goes down. I say the market never goes down. What happens every time it tries? You get chopped up if you stay short.

If you stick with the long bias:

$699 got you $707.

Then $700 got you $712.

If you were trading options, the $703 calls fake-out shake-out entry was around $2.76 (maybe even $1.50 if you were good). They went to $9.00.

That is a 300-bagger just staying long biased in a market that never goes down. Avoid shorting the strong names, crush the shorters, and you'll do fine.

Watch exactly how all of this unfolded in today's video right here:

If you're already inside the room, I'll see you tomorrow. If you're not in here yet, you are missing out on the best market we've seen in years.

Right now, we are running a special offer where you can get into Hit the Bid at a sharp discount for either 30 days or annual access.

Here is the link to join us before the offer expires in a few days.

I'll see you in the Room.

Kenny Glick | Founder, Hit The Bid

P.S. If you’ve been paying attention, you know we’re pumping out winning trade DAILY inside our live trade room. If you want to take advantage and join, now’s the time since you can do it at a discount. Full details here.