Free Trade Of the Week FMDT
Following up on FMCC
Last week’s pick (FMCC) printed a tidy +20 % in five trading days.
This week we’re going back to the same well—clean momentum, quick retrace—but with a different name: FDMT.
Why it triggered
Sharp, high-volume surge (unknown news; the system doesn’t care).
Fast pullback into the prior breakout bar.
Long-term trend still up — trend filter says “okay.”
How we’re playing it
Entry: 5.60 area (already drifting a bit below—better fill if you’re nimble).
Hard stop: Under June lows (~4.60).
Time stop: Flat or green by next Monday’s open; otherwise, we recycle the capital.
Optional discretion: If FDMT rockets and closes strong Thursday/Friday, I’ll trim ½–¾ and trail the rest.
Bonus Trade!
From our MOMO trades, we are looking at DB. This combo has two good themes right now. The first is the strength in finances, and the second is the strength in international stocks.
I like a $32 stop and the system tells me to hold for a week.
That’s it: rules first, tweaks second. Want the full Sunday night list (plus day- and investment-systems)? It’s all in StatsEdgeTrading: free intro course, trading-plan course, and newsletter at StatsEdgeTrading.com.