Typically Microcap Millionaires will send out several alerts for trades during the week. Recently MM shorted shares of SCSS around 8.50. They covered around 7.50 early in the a.m.
Using about $4500 for the trade you could have made around a quick $600. Now that is not the kind of bazillion percent gain that paid pumpers probably claimed you would make if you followed them (you know, the kind they fill up your inbox with). But this was a good solid, honest gain that quickly took advantage of the overall bearish conditions of the stock market.
If you are the type of trader that has never shorted a stock that’s O.K. Matt Morris always lays out the instructions on how to complete the trade. He always assumes that you don’t know anything about trading. And even though you might know a lot, it is a bonus that he doesn’t assume that you do. Because even if you are experienced you can sometimes have lapses in attention or have a bad day and it’s nice to know that there is someone there keeping you straight and looking out for your best trading interests.
There are a lot of members in Microcap Millionaires that are not experienced. So if that sounds like you then MM is a good place for you to be to make money in the stock market.
Most of the trades are short term picks so you cash in on those short term momentum swings. Not all of them will be shorts though. And not all of them will be quick trades. After the SCSS trade Matt came up with a stock trade that had a nice 50% jump but it took a few days.
If you want to get in on Matt’s MM trade Idea visit his site for micro caps and also get three free trades.
SCSS chart for the day this trade took place.
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