What Makes This Trade Great: Staying in TNGX with the Trade Wave

What Makes This Trade Great: Staying in TNGX with the Trade Wave

May 29, 2025

Hey traders,

Let’s talk about a trade I was watching this morning—TNGX—and how I’m using the Trade Wave to guide my decisions in real time. To Subscribe: https://go.trade-ideas.com/SHQ
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I want you to look at how this trade developed. The wave stayed blue, and as long as it’s blue, the uptrend is intact. That’s the power of the Trade Wave—it visually reinforces when to stay in a trade. It takes a lot of the guesswork out of the equation.

At one point, right around $2.67, I personally would’ve taken some profit off the table. That’s just me—I like to lock some in, especially after a strong push. But notice: the wave was still blue at that point. No transition to orange. So technically, you could’ve stayed in the trade. That’s the discipline the Trade Wave gives you.

I kept watching, thinking: “Is this going to flip to orange now?” But it didn’t—so that means you can ride the trend a little longer. You don’t have to bail just because price hits a round number or looks extended. Wait for the signal. Let the Trade Wave guide you.

If you’ve ever had trouble staying in a winning trade too long—or getting out too soon—the Trade Wave can really help. It’s one of my favorite tools, and it keeps me on the right side of the market longer than I would otherwise.

Stay sharp out there!

—Barrie