DTSP.com Surges Past +60% YTD Aug. 10, 2015

SPOKANE, Wash. - Aug. 11, 2015 - PRLog -- The trades of this market session focused on Aquinox Pharmaceuticals, Inc. (AQXP) Nasdaq and Inovio Pharmaceuticals, Inc. (INO) Nasdaq. The trades today in these equities have pushed the Day Trade Signals Plus.com investment account to +60.73% year to date, with the short term component of the account +87.14% year to date.

Robert Felland from Day Trade Signals Plus.com had in depth comments on the news as follows; the first position in AQXP was entered at 9:46 am for $24.96 and exited at 10:04 am for $37.13. The second position was entered at 10:13 am for $40.07 and exited at 10:22 for $49.63. All times are EST. The only position in INO was entered at 9:42 am for $7.76 and exited at 10:02 am for $8.23. All times are EST. INO was a bread and butter trade for us.

Subscribers to Day Trade Signals Plus receive signals for this type of trade on a frequent basis during a typical trade week. The trades in AQXP provide several examples of why the Day Trade Signals Plus investment and trade philosophy is a success.

Sometimes you do hit a home run. Hitting singles and doubles like INO is what we strive for, however, we do at times hit a home run like AQXP.

If a trade continues to exhibit momentum after you have exited it, enter the trade again. We did this with our second trade in AQXP.

Some traders will say "we left money" on the table with AQXP. Our response is "We don't care". Day Trade Signals Plus does not want to be caught holding the bag when big players exit their positions to take profits. To see graphic proof of this, take a look at a one year chart for AQXP for an example of a price moving faster on the way down than on the way up. Try exiting a position that you held too long when the price is in a free fall.

Day Trade Signals Plus exited trades in AQXP and INO with our profits intact. We do not call this "leaving money on the table". We call this adding value to our portfolio.

Price action is everything. While it is true that AQXP was the recipient of good news regarding their drug for bladder pain, it is not like they discovered the cure for cancer. The news is important for bladder pain sufferers but does not account for the meteoric rise in AQXP share prices over the last three market days. News is always a warning signal for volatility, but price action and a DOM chart will reveal true market sentiment.

Price action is everything. Yes, I know I am repeating myself. A trader would have missed each of these trades if he or she was staring at their technical indicators. The information to form a technical indicator is gleaned from depth of markets and price action, therefore it is information that has already happened as opposed to price action that is happening now. Day Trade Signals Plus has no interest in price history, we are only concerned with price action as it occurs.