What Makes This Trade Great: A Lesson in Patience with $NB

What Makes This Trade Great: A Lesson in Patience with $NB

Apr 16, 2025

This morning’s session offered a great reminder of one key ingredient in trading: patience. To Subscribe: https://go.trade-ideas.com/SHQ
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The alert on $NB came in from the AI at $3.69—you can see that blue highlight in the chart. At first glance, it didn’t do much. We got the alert on that five-minute candle, but there was no immediate follow-through. In fact, it pulled all the way back after triggering.

Now, depending on how you managed your stop—say you had it set at $3.30—you might’ve been shaken out. That’s part of the game. But the real takeaway today isn’t about the first entry. It’s about being willing to re-enter and staying attentive.

Look at the setup around $3.49—a nice consolidation zone where the stock found some footing. That’s where the real opportunity shaped up. If you took the trade around that area, you had a clean run toward $4.15, especially if you recognized that little bull flag forming.

That’s a solid percentage move, and a great example of how trades don’t always play out right away. Sometimes you have to let the AI alert be your watchlist, not your go-now button. Wait for the setup to build, and you’ll often get a better entry than the original one.

Always consider trimming into strength, especially on a name like this that’s shown erratic behavior. You never know what the rest of the day brings, but if you managed this one well, you likely walked away with a solid win.

Catch you tomorrow with another look at what makes a trade great.

—Barrie