URNM Trade on Oct 24, 2023 10:09 from VossiBop: Tradervue User Stock Trades.

Although the general market is in the midst of a correction, I noted that all of the listed uranium stocks were strong and forming flags. I bought this uranium ETF as a way to get a less risky bit of exposure to uranium in the event we get a commodity related rally similar to the one we had in 2022. I noted oil and gold being strong as well, which added to my commodity thesis. I set my stop to breakeven just a couple days after buying the breakout because I figured if the market continued to roll over, the underlying weakness would stop me out of this trade regardless of the strength in these commodities. This happened to be the case as the market continued selling off and I did not have the conviction to let the trade go against me for a little bit. Stopped out breakeven.