Sold BDSI at $5.52 Profit 23% - $10K/m Stock Profit Challenge 1

Sold BDSI at $5.52. Bought in Feb 2022 at $4.48. That's 23% profit. 🎉 

BioDelivery's stock rockets toward a 2-year high after buyout deal with Collegium at a 54% premium...

https://www.marketwatch.com/story/biodeliverys-stock-rockets-toward-a-2-year-high-after-buyout-deal-with-collegium-at-a-54-premium-2022-02-14

It's a long wait.



Is it a good day to buy stocks today?

Look at the S&P 500 hourly chart... 
  • Is the 10 SMA above the 30 EMA? 
  • Is Williams %R (3) less than -80 (oversold)? 
  • Is the ADX momentum indicator above 25? 
If one is Yes, buy! 

👉  Don't buy - 1 out of 3 yes signals.

What stocks to buy?  
👉 Maxed out investment cap. Wait for Profits.

Which stock to sell?

👉 SOLD BDSI. 

Until tomorrow. 
May the markets be with you.

~ The Rookie Trader 

PS: I would like to thank the following...
Note to self:
  • Late April to early May - Buy on dip 
  • May - Sell and go away
  • August - Strong month, 
  • September - Bad month for stocks.
  • November - Reinvest
  • Sell immediately if price spikes on news.
  • Remove emotion from the equation.
  • How to recover from stock market losses? How to recover my money lost? How to win my trading losses back? The best way to recover after losing money in the stock market is to invest again.













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