Congratulations to Spiker Steve S on winning his latest weekly Gold. A quick look at the lists of winning Spikers and Members this weekend shows that even during a bullish week bears did very well. Gold and Bronze went to Spikers who traded short. Five out of 25 Members with Performance bonuses also traded short. Spiker David C earned 2+% trading long in ARKK, while Member Michael F (a repeat winner of Bank Robbery award) earned a Performance bonus with a 4+% gain shorting that same stock. I’ve often said before that trade management is more important than the trade you pick.
This week Steve S. wins Gold with a 5.59% gain trading short TQQQ, Igor D. wins Silver trading long GTLB with a gain of 3.25%, and Mike C. wins Bronze with a gain of 3.15% trading short BJ.
David C in Canada, one of our newer Spikers, is on a roll, winning his second Gold this month.
This week David C. wins Gold with a 6.39% gain trading long ARKK, Jono W. wins Silver trading long ARE with a gain of 5.02%, and Nilton D. wins Bronze with a gain of 4.95% trading long META.
Congratulations to Spiker Steve S in New York who nailed last week’s Nasdaq range to win his gold. His trade diary reaffirms the value of the word “Enough” – not to overstay your gains.
This week Steve S. wins Gold with a 8.07% gain trading short TQQQ, Daryl H. wins Silver trading short DDD with a gain of 4.30%, and Robert F. wins Bronze with a gain of 4.17% trading short YETI.
When a new member of the British Parliament gives his first speech, they call it ‘a maiden speech.’ Perhaps we could call this post “A maiden Gold.” David C., a professional money manager in Canada, was promoted to a Spiker in 2021. He was our Silver equity winner in Q1-2022, flat in Q2-2022, and now in the Silver position for the current quarter with his first weekly Gold.
This week David C. wins Gold with a 18.44% gain trading long NTLA, Steve S. wins Silver trading long TQQQ with a gain of 8.11%, and Mike C. wins Bronze with a gain of 5.96% trading long AMZN.
Congratulations to Spiker Nick V in New York on an excellent start of Q3-2022. A good quick catch, and very clear chart and text. The Spiker group meanwhile had a rough start, only four with positive equity.