While the Dow posted a 140 point loss (-1.39%), the Nasdaq composite fell 1.56%; S&P 500 followed suit sliding 1.47%. TimelessWealth.net guided Premium Newsletter Subscribers in avoiding losses and towards plentiful gains on Monday August 30th. Criteria for entry on the first two trading ideas was not met, therefore the trades were not executed. This delicate information helped avoid injury to our capital. Instead, TimelessWealth.net Premium Subscribers were led to a profitable day trade with shares of Distribution Management Services Inc. (OTC: DMGM). In our Breakfast Digest Newsletter this morning we wrote:

After posting a 5500% gain on Friday (yes, we said 5500%), shares of Distribution Management Services Inc. (OTC: DMGM) are bound to ‘pullback’ in trading, Monday. This ‘pullback’, whether it precedes a strong decline in price or further price appreciation, will serve as a reasonable entry on a swing or day trade. The market is anticipated to be volatile, yet sufficiently ‘liquid’ this upcoming session. Trade carefully.

The market retraced to roughly $0.10 a share before jumping over $0.28 in less than one hour. Trading in the latter half of the session saw shares selling as high as $0.335.

Join our Premium Newsletter service to receive our trading ideas and coveted Breakfast Digest Newsletter. As one of our subscribers wrote to us, “it’s one of the best guidance services a trader could ask for“.