This week's watch list is very special in that it has potentially 3-4 Best Bets along with a great selection of other HPS's It has been an amazing month here at DTR the stocks have been setting up in terrific patterns and We have been able to get some great profits in both shorts and longs. I continue to stress the importance of staying disciplined in your entries and mechanical in your profits. You will see in this video the best bets are very similar in nature and all come from My playbook of trades. Members can find these listed here DTR Playbook.
I am also announcing this week the beginning of the "Beard Trade"
As you all know I have been growing my beard for a few months now..seven to be exact. There was really no reason other then trying it see how long it would get as I have never tried to grow it to a point where it started to look pretty crazy.
I think that's where i am right now starting to look crazy. I stared asking friends of mine how they liked the beard a beard poll you could say. Just last night I got 7 "Hate It"' 2 " I don't hate it" But they never said they liked it either, and 3 mentions of looking Amish and one person calling me the Taliban Trader.
This does not include my wife who told me some things about my beard that would not be appropriate to say on this public forum...and oh yeah my sister..Hates it!. I guess when I saw a mother and her 2 small children huddle close together when I passed them I realized I might need to look at this closer...
So will i shave my beard? Hell no... But I will make things interesting.
As of this weeks watch list and any stock picks going forward, If I announce that a set up is a best bet of the week then this will also be known as the "Beard Trade" and that mean the trade needs to hit its profit target within 5 trading day or I will shave my beard live. I do not expect this to happen and expect the freak flag to continue to scare small children around town.:->
So there is one best bet that is right in its HPS buy zone that will start off Mondays trade I will take this. The rules gives me 5 trading days to hit the profit target. Next week has 4 days due to the 4th of July holiday so the trade has until the following Monday to work out.
If any other HPS stocks that are labeled "Best Bet" hit there buy zone triggers then I will take the trade and the trade again has 5 trading days to hit it's target. There could be multiple beard trades at once if the stocks trigger there buy zones this week.
One thing... I need to take the trade to activate it. This is due to the fact that these High Probability Trades are based on a strict set of technical indicators that i wait to align. If for some chance there is market moving news that changes the overall tone of the markets and drastically increases the volatility we could easily see level break down and the environment is no longer stable for some of these indicators. I would not want anyone taking any trades during these times as levels get pushed around and it becomes harder to predict stock movement hence lowering the probabilities.
So here is the great watch list for this week.
There are 3 outstanding setups 1 Is ready (Beard Trade) the 2 others close but all look great (Future Beard Trades)
Ram in the Bushy beard
DTRS

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