Midas - Short Term Trading In/Out

Just received a message from one of my student where he made some good $$ for short term trading in Midas. I am pleased to see that he made $5000 just doing short term but more importantly it's because Midas is a hot stock at the time being where it ran for the past 2 days. See the 5 minute chart, every time after it collects, it takes 1 more day to run and finally where it reaches the peak where most retailers are chasing, that's where the stock starts to suffer some profit taking. It's going to be a volatile week ahead and looking forward to see how Midas play out. Since the time I caught the bottom at 0.090 to now, it's been a good run and looking for the next counter with such nice setup.

http://stockmarketmindgames.blogspot.sg/2017/12/midas-buysell-queue-stoppage-maneuver.html

For those who wants to find out more on how smart money works, you can also read my interview article below. I believe that's how my student long before the breakout and made $.

http://www.insideinvest.com.sg/system/misc/Inside_Invest/jan_2018/10-11/



Ronald K - Market Psychologist - A Stock Market Opportunist

Midas - Good Intraday Returns

I am getting more and more independent students after my course who trades themselves with self reliance. Today Midas suddenly ran in the afternoon and started to gallop. The stock was strong so does the collections and the 1 lot marking. As the stock started to move, it attracted many retailers to buy on breakouts and that's where some of my students started to lock in profits. I studied the Midas chart, it was really a text book setup before the stock flew. Congrats on your winnings!



Ronald K - Market Psychologist - A Stock Market Opportunist

Midas - Running Wild

Midas had a super breakout earlier. The stock flew and the buyers were furiously biting. There was a 30 million married deal done at 0.188 which might have caused the price to jump. Congrats to all who entered with me in the mirror group before the stock flew. I had been watching this counter since the day I spotted the bottom at 0.090 and from there on, with all the weak selling, collections and the 1 lot marker, the stock got stronger each day and I zip/out many times with good profits. Looking forward for the next trade.



Ronald K - Market Psychologist - A Stock Market Opportunist

Top Volume - Midas Selling

The Top Volume is less vibrant today. Midas was so strong, so vibrant with so much of sheer powerful yesterday is slowly giving back it's gain today. I remembered during my talk last Tuesday evening, I shared how the Contra squeeze took 2 weeks and I also predicted that it would be one long breakout before the stock starts to simmer again and indeed as of now, it's reacting the same way I forecasted. With so much volume done yesterday, it's only wise to lock in profits instead of chasing higher price. Midas is a highly risky counter and one needs to do ample homework before taking a trade. I am glad most made $$ yesterday. I will channel my focus to another nicely setup bullish counter for now.



Ronald K - Market Psychologist - A Stock Market Opportunist

Midas - Good Return in 1 Contra Day

I will keep this post really short. I gave a Whatsapp alert out yesterday to all SOMM on Midas at 3:21pm. The stock looks almost ready but was in accumulation mode where the buyers would come soon but not exactly sure when. Towards the closing, the stock was sold down but it was a flush instead and the buyers stacked up immediately. Today the stock started to run with super speed earlier in the morning and never looked back. I saw many students made $$ and congrats to all of your winnings as it's just too many of them. I believe some good news is releasing for Midas.



Ronald K - Market Psychologist - A Stock Market Opportunist