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My Favorite Day To Trade The Stock Market

10.7K views
•
December 19, 2019
by
Ricky Gutierrez
YouTube video player
My Favorite Day To Trade The Stock Market

TL;DR

Trader exceeds daily profit goal by focusing on natural gas trading in pre-market, closing day with over $1,000 profit.

Transcript

hey what's he on Team it's Ricky with tech but solutions and I'm here in Denver Colorado I took an early flight this morning I thought I'd take advantage of some of the pre-market activity that I saw today I ended the day a little bit over $1,000 all positions are closed as you guys could see I mainly focused on des today a total of seven orders an... Read More

Key Insights

  • 🎁 Focusing on pre-market activity can present profitable trading opportunities.
  • 🥅 Exceeding daily profit goals through disciplined and patient trading is achievable.
  • ❓ Understanding market patterns and direction is crucial for successful trading.
  • 🥺 Confirmation and waiting for the right moments before trading can lead to profitable outcomes.
  • 👥 Members of trading groups can benefit from shared insights and strategies.
  • 🫢 Natural gas trading can provide short-term profitable opportunities.
  • 🥹 Recognizing when to hold back and when to capitalize on opportunities is essential in trading.

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Questions & Answers

Q: How did the trader exceed their daily profit goal?

The trader focused on natural gas trading in pre-market, identifying patterns and direction to capitalize on profitable opportunities, exceeding the $500 daily profit goal through disciplined trading.

Q: What was the trader's strategy in approaching natural gas trading?

The trader focused on the direction of natural gas, identifying descending patterns and consistent rejections at the EMA line, waiting for confirmation before making trades to ensure profitability.

Q: Why did the trader decide to close their positions for the day?

The trader closed their positions for the day after exceeding their daily profit goal as they were satisfied with their earnings and cautious about potentially giving back profits by overtrading.

Q: How did the trader emphasize the importance of patience in trading?

The trader highlighted the significance of patience in trading by showcasing how members stayed disciplined, waited for confirmation, and locked in profits at the right moments, leading to successful trades.

Summary & Key Takeaways

  • Trader made over $1,000 by focusing on natural gas trading in pre-market.

  • Exceeded daily profit goal of $500 by staying disciplined and patient.

  • Members of Learn Plan Profit group capitalized on natural gas direction and patterns for profitable trades.


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