by Barrie Einarson

Not every day brings a textbook winner — and that’s exactly the kind of lesson I want to highlight today. Let’s talk about $LIDR and why, even with a strong alert from my gap-and-go scan, I passed on this trade. To Subscribe: https://go.trade-ideas.com/SHQ
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The Buzz Around LIDR

So LIDR had big news. Nvidia dropped their name in a press release, and that kind of association typically lights a fire under a stock. Sure enough, LIDR popped to $4.81 on that news — big move, lots of eyes on it.

But here’s the thing: the stock closed the day at $2.92. That’s a brutal fade. As traders, we’ve seen this movie before — and it rarely ends well for late chasers.

The Setup and The Signal

Next morning, LIDR shows up on my gap-and-go scan, one of my favorite setups. I had an alert fire at $3.78, and LIDR ended up climbing to $5.35. Not a straight shot, but a solid gain for anyone who took it.

So why didn’t I?

Simple: context matters. That previous day’s rejection stuck with me. The confidence just wasn’t there. You can’t trade what you don’t believe in — not consistently, not with size, not with peace of mind.

The Real Lesson

A lot of newer traders see a move like that and get FOMO. They look at what it could have done. But what matters more is what it tells you. And what LIDR told me was: “I’ve got red flags. Tread carefully.”

So I sat it out. And I’m glad I did.

You don’t have to take every trade — just the ones that line up with your rules, your instincts, and your comfort level.

Have a great weekend, everyone. See you Monday for more action.

#Trading, #LIDR, #StockMarket, #TradeIdeas, #BarrieEinarson, #GapAndGo, #TechnicalAnalysis, #NVIDIA, #StockAlerts