The Top 3 Stocks In APRIL Trending Up | Investing 101 | Summary and Q&A

11.9K views
April 23, 2018
by
Ricky Gutierrez
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The Top 3 Stocks In APRIL Trending Up | Investing 101

TL;DR

In this video, the speaker shares his trading insights and discusses his successful trade that resulted in a $725 profit within the first 10 minutes of the market opening. He also analyzes various stocks and provides tips for identifying patterns and making informed decisions.

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Key Insights

  • ™️ Successful trades require an understanding of patterns, confirmations, and timing.
  • ™️ It's important to wait for confirmations before entering a trade and not force trades.
  • ⌛ Dedicate time to study the market, learn patterns, and improve analysis skills.
  • ™️ Focus on quality trades and consistency rather than the number of trades.
  • ❓ Joining a trading community can provide valuable insights and support.
  • 🧑‍🏭 Consider factors like earnings reports and market trends when making trading decisions.
  • 🤩 Patience and understanding opportunity cost are key factors in successful trading.

Questions & Answers

Q: How did the speaker make a $725 profit within the first 10 minutes of the market opening?

The speaker had a successful trade in which he capitalized on a stock called "drip" that had a strong push-up during pre-market hours. He waited for the stock to hit a high point and sold at $905, resulting in a $725 profit.

Q: How does the speaker determine whether to enter or exit a trade?

The speaker looks for specific patterns and indicators, such as the stock's position in relation to EMA and SMA lines, as well as confirmation of a trend through higher highs. He also considers factors like earnings reports and overall market trends.

Q: What is the speaker's approach to swing trading?

The speaker recommends focusing on quality trades and understanding patterns before entering a trade. He suggests setting alerts for specific price points and waiting for confirmations before making a decision. He emphasizes patience and not forcing trades.

Q: How does the speaker analyze stocks and identify potential trade opportunities?

The speaker looks for patterns in stock charts, paying attention to support and resistance levels, SMA and EMA lines, and overall market trends. He also considers news and events that may impact a stock's performance. He suggests dedicating time to learning and studying the market to improve analysis skills.

Summary & Key Takeaways

  • The speaker shares his successful trade where he made a $725 profit within the first 10 minutes of the market opening.

  • He discusses his trading community and the benefits of learning from like-minded individuals in various markets.

  • The speaker provides analysis on several stocks, including Ford, Macy's, and natural gas, and highlights the importance of understanding patterns and waiting for confirmations.

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