$1,000 Profit On A Consistent Basis | Stock Market 101

TL;DR

Trader Ritchie shares his successful trading week, showcasing over $2,400 in profits. He discusses his trading strategy and why he sees value in certain stocks and ETFs.

Transcript

what's going on guys it's Ritchie with technical solutions hope you guys are all having an amazing Wednesday today is a good day just like it's been a good week I'm up a little bit over $2,400 I think twenty four twenty altogether with my three days of trading this week so far so I've already hit my goal my goals really like to two thousand and twe... Read More

Key Insights

• 🥅 Ritchie's successful trading week showcases his trading strategy and goal achievement.
• 🙈 He sees value in certain stocks and ETFs based on patterns and indicators.
• 🧘 Ritchie emphasizes the importance of covering profits when in a profitable position.

Questions & Answers

Q: How much profit did Ritchie make in his trading week so far?

Ritchie made over $2,400 in profits in just three days of trading this week.

Q: What is Ritchie's weekly trading goal?

Ritchie aims to make between $2,000 and $2,500 on a weekly basis.

Q: What is the first link in the description?

The first link leads to Ritchie's private group, Learn Plan Profit, which offers daily support and trading strategies.

Q: What should traders do when they are in a profitable position?

Ritchie advises traders to cover their profits when they see resistance and not to stay too long in a trade.

Summary & Key Takeaways

• Ritchie has made over $2,400 in profits in just three days of trading this week, surpassing his weekly goal.

• He shares his trading strategy and shows his entry and exit points for a swing trade on JDST, which resulted in an $808 profit.

• Ritchie also discusses his position on GUSH, explaining the pattern he saw and why he believes it will recover despite current losses.