They build autonomous flying cars in China. Some real-life Jetsons stuff.
We also bought some calls in PDD Holdings $PDD.
They are one of the Chinese online retail conglomerates, known in the US for temu.com.
Today, I sold half of both of my positions at double the price I paid yesterday.
Now, this does not mean I think these stocks will go lower from here. I think they’re going higher.
It’s just my rule. I follow it religiously.
It keeps me in the game. It’s how I keep swinging.
When I sell a double I am effectively earning a risk-free shot at making big profits. No matter what happens, I can’t lose.
But, it’s bigger than that. It’s not about the half position left on the table.
It’s about getting liquid and doing it quickly.
It’s about getting my money back.
In bull markets I don’t just have cash laying around. I’m invested.
And in times like these, there are so many opportunities. There are more setups I want to buy than I can buy. So, I want my capital back as fast as possible.
Then I can take it and make a fresh bet on something that just triggered. I can nail a new perfect entry.
And guess what. I still have exposure to the last one. I just took half off the table and put it in something else.
And Breakout Multiplier is just a numbers game. The more trades we put on, the more opportunities we have to win big.
Think of the system as a cheat code to buying exposure to as many trends and themes as possible.
When you sell a quick double, you still have the remaining half. But, you can also take those quick profits and plow them back into something new.
Ideally, you sell that double quick too. And then repeat the process.
If you do this consistently, you are left with an ever-growing list of leveraged long positions with zero risk of invested capital.
In other words, you get to take more swings. Big swings.
And as trend followers, we know the more we swing, the more we win.
I’m happy that we sold some quick doubles to close out the week. And I’m excited to hit the charts this weekend and decide where to put that money come Monday.
Selling doubles is the fuel for the Breakout Multiplier System. And when done quickly, it’s actually more like the propellant. It’s what we need for lift-off.
