Hey, it's Clay at ClayTrader.com.
This will be the weekly review
of the power profit scan newsletter
which is a component of
the subscription service
that I offer.
The other component being
the live trading chat room.
That probably gets a little bit more talk
but there is also the newsletter
that you would get access to
and I email this out on a weekly basis
and this is kind of how it all works
so I want to just make you aware of it.
What you see right now
is actually after you were
to sign into your account.
We're just in the newsletter
section of the website.
Like I said, you can access
this through the website
or it is emailed to you also.
But I wanna do is just go
over some past results.
Before I go any further,
the disclosure that I make every week,
am I trying to imply that
every single alert is a winner?
Absolutely not.
Nobody is perfect, no system is perfect,
no scanner is perfect.
So I don't wanna make it
seem like every single stock
that I send out is going to be a winner.
But what I do want to display
is this is why risk management
and risk control is so important
because while losses certainly do happen,
winners also happen and when
those winners do happen,
you need to know and you
need to have your account
in a position where
you can let the winners
take care of everything else.
Second part is we are
going back a little ways
and we're gonna be focused
on the week of 9/24/18.
Why are we going back so far?
Well two reasons, first is
just simply giving the chart
plenty of time to play
out plenty of data to form
and the second, it's just
a matter of being fair.
The last thing I want
is for somebody to pay
and then a couple days later
see the stuff that they just paid for
online for free on YouTube.
So hopefully you'll see kind
of the common sense there.
It's just the matter of being fair.
So let's get to it.
First alert here that I wanna talk about
was sent out into the
trend trading category,
ticker symbol MTCH.
You look over here at the prices.
Yes that's a little bit more
but as you'll notice I'm
not bias towards price,
I've done penny stocks,
I'll do Big Board stocks,
so I just find patterns
that I think have potential at profit.
So just keep that in mind.
It's not like every single
stock is up in this price range.
But as you see here from the annotations
and just via the category
itself, trend trading,
I make the note here, if you
still believe in the trend
here's a pullback for you
and then I denote just
the overall trend here
and I also map out this area of support
and that's what we're
gonna mainly focus on
but this is the overall
alert that will send out
so let's see how it played out.
As I believe I've mentioned earlier
the scans are sent out over the weekend.
So what you see here is the previous week
and then the next day you see will be
the opening part of the following week.
So let's see how things played out.
Now what's interesting
here is that if you did buy
somewhere right around here,
you actually got a nice little bounce
within the trend itself.
But we're gonna just assume
that you didn't play that,
maybe you're focused more so
on this 52-ish dollar area
down here which I denoted.
But again, like I said,
depending on your personal risk tolerance
on your personal approach to the trade,
It would not have been illogical at all
for someone to have
gotten in down around here
and as you see here,
got right around almost a five
dollar bounce right there.
But like I said, for this example
we'll just assume that
you didn't play that,
maybe you missed it or whatever
but you're thinking you know what,
I'm gonna keep an eye on that $52 mark.
So time goes by and there
you have the pullback to it.
Price drops a little bit below it
and then that happens right there
where the price actually
goes all the way down there
so I would assume eight out of 10 times
most people would have been
stopped out on that move but,
so yes, this was
technically a losing alert
via the parameters here that I've outlined
but what I like about this
is it just gives a good real life example
of what just kind of happens
and check that out,
look at the bounce back up
after people would of
been probably stopped out.
So sure, it actually did bounce
but have you ever been here before?
Where you get it, it
drops, it stops you out,
you're being disciplined
and all of a sudden
you turn around and up it goes.
It happens, you're not alone,
and here's an example of that
where $52, it was right
but it was not right
because it wasn't quite,
it didn't account for the
fall through down here.
Like I said, maybe some people
may have been able to withstand that
but I think most people
would have been stopped out
and then to have it shoot
straight back up in your face.
Hey, welcome to the world of trading.
The next alert was up here in
the breakout coming? category.
And you know, just kind of mapped out.
It was starting to build some higher bases
and this is ticker symbol MHLD
and as the note makes, can
the Bulls get a breakout?
So let's see how this played out.
Now what I do like about this one
is it's not very clean.
It's not, now there have been
past alerts in previous videos
where things have been just,
kay that's a breakout point
and then boom it breaks out
and the rest is history.
In fact, spoiler alert for
the one coming later on,
you'll see it was basically
like a flawless flawless play,
however, not everything is flawless.
Sometimes things are sloppy
and it's just not nearly as
clean as what it could be
and this is a good example of that.
So I'm still gonna
consider this one a winner.
But like I said, by no
means is it some sort of
just absolutely flawless
and beautiful play out
of how ideally you would
wanna see a chart act
like the one we'll see here soon to be.
But we'll quickly go through this one
and right there you can see the breakout
that gets up there and
then all of a sudden
it gets rejected back down.
And then it pulls back some more,
tries another breakout,
doesn't quite do it.
So it's trying, it's trying,
put it can't quite do it
but at the same time
it's not like the price
is crashing back down over time.
It's not even close to
this secondary green line
of support right there.
And then all of a sudden it
enters into this territory
where it's just going sideways, sideways,
so again, it's not like the
price has crashed or anything
but kind of annoying
when right out the gates
tries to get through that level
and now all of a sudden it's
just kind of sitting here,
sitting here, not doing
much, not doing much,
again, no crashes or anything like that.
It's just simply kind of going sideways,
going sideways, and then all of a sudden
there it happens right there,
the volume comes surging in
and the breakout actually occurs,
and then it spends some time
up in that area of the chart
which is right around a 15% move.
So nothing huge but I mean hey, 15%?
That's the profit window
so even if you got 10%,
that's still much better
than your local bank is gonna pay you.
But what I like is how it's just,
it was kind of an annoying type of 15%,
an annoying type of 10, 12%,
whatever you wanna
potentially say it was made.
It just wasn't very clean but yeah.
Not all winners, not all trades,
are ever going to play out flawlessly.
Things like this happen
so I like this quite a bit as an example
'cause it's a real world
view of just how sometimes
a setup can play out where it's
not all absolutely flawless.
Now this one actually comes
about via YouTube comments
so as always I appreciate the questions,
I appreciate the feedback that you leave.
From some that say Clay,
do you ever talk about
shorting setups or is
it always just things
that are kind of implied
from the long side,
and I do.
And down at the bottom
portion of this newsletter
there is a section where I talk about
a couple different other strategies.
One of these being shorting.
Now I don't give charts or anything
because if you take the course,
and yes, this is a quite little plug
if you're interested in the
shorting for profit course
or any of the other courses I offer.
You can go there and do that.
However, the point here is that
I don't really need to map out anything
because if you've taken the course,
then all you need is a ticker symbol
and you can kind of take
the ball and run from there.
Or in other words, I'm
kind of pointing to hey,
there's some fish over there,
but you know how to go over there
and actually catch the fish
because you've taken the course.
So for this one what I wanna just focus on
is like I said, just to
answer the questions,
yes I do offer short alerts
but it's nothing detailed
like the other chart examples
but again, when you take the course
you'll know exactly how to
analyze these ticker symbols
but let's just a look at PETQ.
So this was the alert when it was sent out
and you know, if you've taken the course
you know what sorts of
things to be looking for
so we'll just have this thing play out
and you can see pulls
back a little bit there
and then things really
start to get rough there
and down it goes.
So from up here around 42
to then down there around 34
in just a matter of a couple of days.
I'm not quite sure what the percentage is
but you see over six dollars
per share to the downside
and I think it might of even
dropped down even further.
Well now this is getting
a pretty long trade
so regardless, the point here being
that from where it was alerted right there
you can see little bit of consolidation
and then down it went.
So yeah, those people that enjoy shorting,
this was a nice opportunity for them
to lock in some profits from
the short side of the market.
The final alert to talk about here is
category of pullback play
and ticker symbol IGC
and the setup was actually quite simple.
Got a candlestick that implied
a pullback very well could be coming
and you can see right there
mapped out the pullback level
right around this general
vicinity right here.
So let's see how this one played out.
Unfortunately if you're
not aware, IGC was delisted
and then it was, it's back now
but it not on eSignal
anymore, my charting platform
so this is gonna be kind of anti-climatic
because I'm not gonna be able to scroll
like I was doing, but
luckily stockcharts.com
still has the old data
but when things get a new ticker symbol
'cause now the new ticket symbol is IGCC.
eSignal just totally wipes
it away from the system
and you can't access the past data anymore
so like I said, it's not gonna
be like the previous ones
where I've scrolled
candlestick by candlestick.
You're just gonna see
everything right away
but it is what it is.
So we'll go with it.
And as you can see here, an
absolute steroidal gorilla.
What a monster.
You look right here, remember,
this was the pullback point
that I was talking about,
remember that 205 number?
Look at 205.
Literally, not patting myself on the back
but the power of charts
and I assume just the entry point of 210
'cause you wanna always
get slightly above there
but anyways, even if you
got in higher than that
at I don't know 250 or
something like that,
point being it did pullback
and then it went all the way
as high as 14 dollars and 58 cents
which created a profit window of 594%.
Am I implying that anybody
played it perfectly
and got 594%, absolutely not.
Let's say you screwed up half the trade,
half the trade is still
basically over 250%.
So I mean, let's say you really
really screwed up a trade
and you got 200%, okay?
Think about what you're saying,
man I really screwed that up
and I got 200% return on my money.
Think about it?
So it was just an absolute monster
and this is why losses happen,
annoying trades happen,
but keep things under control,
keep the risk under control,
'cause you never know
when something like this
might be around the corner
and a trade like this,
even if you traded completely terribly
and quote unquote only get 200% from it,
that wipes away a whole lot
of disciplined and controlled losses.
Finally, before I go, if you
are interested in signing up
so you can start to get
access to these newsletters
then also remember there is
the live trading chat room too.
Just go to claytrader.com/innercircle
or just claytrader.com and up at the top
you'll see a section for inner circle
and you can sign up there.
All the benefits are mapped out here.
There's also a mobile
app that comes with it
so it's not like you have to
stay chained to your computer
or anything like that.
You can stay in touch
no matter where you are.
As far as price, it is $99 per year.
Not per week, not per quarter, per year.
If you break that down with the math,
it actually equates to $8.25 per month
of if you wanna break it down even further
to what's the cost per week, $1.90.
I mean, literally a $1.90 per week
so I think, not think, I know
that's more than fairly priced
and as I say, every weekend
I'm gonna continue to say
over the time span of 12 months,
I'm very very confident
you'll get at least $99 worth of value.
I mean 12 months, $99 worth of value,
yeah, I'm pretty confident
that will be delivered to you
if there are any other
questions or anything
you can email me,
you can just leave in the
comments section below
and I will do my best
to answer them and yeah,
hopefully you decide to
give it a try and subscribe.
