How I Made $1,200 Profit Trading Stocks | Mid Week Recap

TL;DR

Ricky provides a recap of his trades for the week, highlighting profitable positions and areas of improvement.

Transcript

hey what's going on guys it's Ricky with technical solutions hope you guys are all having an amazing day so I actually am going to be sharing one of the links right now to my life video because again it was not working before I'm gonna give myself a thumbs up you guys are gonna roast me for that so I'm gonna undo it but yeah let me go ahead and I'm... Read More

Key Insights

• 🙃 Ricky's swing trading strategy is based on potential upside and confirmation of patterns.
• 💯 He emphasizes the importance of locking in profits, even if they are not perfect.
• 🫵 Ricky shares his profit statements and encourages viewers to watch his videos for more detailed trade recaps.
• ❓ He recognizes that even successful traders have areas of growth and ongoing learning opportunities.
• 🙈 Ricky offers insight into the potential trades he sees in ETS that are turning up.
• 🥶 He promotes his free trading community and premium group for live trading sessions.
• 💐 Ricky explains his preference for trading ETFs and his recent focus on FRAC and YAZ.

Questions & Answers

Q: What stocks has Ricky primarily been trading this week?

Ricky has been trading FRAC and YAZ, focusing on swing trading positions.

Q: What is Ricky's profit target per day?

Ricky aims for a daily profit target of $1,000, but he is also satisfied with consistent smaller profits.

Q: Why did Ricky continue to trade FRAC despite not seeing confirmation above the EMA line?

Ricky saw potential swing trade opportunities in FRAC due to its historical consolidation between $14 and $16.

Q: Has Ricky been satisfied with his trading performance this week?

While Ricky has stayed green and made profits, he acknowledges areas of improvement in his trading strategy.

Summary & Key Takeaways

• Ricky has been swing trading FRAC and YAZ this week, noting the potential for upside in FRAC based on his analysis.

• He shares his daily profits from his trades, totaling over $1,200 for the week so far.

• Ricky acknowledges areas of improvement in his trading, such as not locking in profits quick enough.