Bo Yoder 3D Apex Trading Update

So many traders and investors get lost looking for “the next big win”, and forget that there is a LOT of profit potential in the smaller reliable and repeatable setups. Last week, I did not see anything on the macro level that interested me, but there was an attractive short term opportunity that I highlighted for you in Johnson & Johnson (NYSE:JNJ)

 

In the states, there is a lot of short term real estate investment.  Buyers find property that they believe is “cheap”, then fix them up and “flip” them back into the market for a profit.  This can be done in any asset class, and it is exactly what drove my trade this week.  I saw plenty of bullish power still active in Johnson & Johnson last week, and projected that IF the support level I highlighted in green were to be tested, it would attract a new surge of bullish buyers to enter the market.

 

I felt the odds were extremely high that if I could pick up some inventory “cheap” at that level, I would be able to unload it quickly for a tidy profit in a matter of days.  I was not trying to predict a trend or any type of sustained move, but rather was “providing liquidity” to the setups that would be formed as the reversal played itself out.

 

These “Trading As A Liquidity Provider” scenarios make up the bulk of my personal trading as they offer extremely low risk and the ability to turn over my capital very quickly so that I am able to move on to the next profit opportunity.