5 Stocks To Watch May 2018 Week 4 | Investing 101

TL;DR

Technical breakdown of top 5 stocks with no buy or sell recommendations, focusing on patterns and potential profits.

Transcript

hey what's going on guys it's freaky with technical solutions hope you guys are all having a good well it's Friday now so it's 3 a.m. here in the East Coast I'm actually in New York nails in Miami Florida yesterday but I wanted to thank you guys again for tuning in I'm gonna kind of get straight to it I don't want to take too much of your guys's ti... Read More

Key Insights

• 🎚️ Analysis focuses on patterns, support/resistance levels, and EMA indicators for trading decisions.
• ✳️ Emphasis on risk management, patience for confirmation, and learning from mistakes for trading success.
• ❓ Speaker encourages community support, sharing knowledge, and surrounding oneself with like-minded individuals for growth.
• 🎗️ Reminder to choose stocks based on understanding and comfort with patterns, even in simulation trading.
• 🥳 Strategy involves calculating risk to reward ratios, taking losses as part of trading, and relying on solid criteria for entry and exit points.
• 😪 Importance of reflection, emotional balance, and long-term perspective in handling red days after profitable periods.
• ❓ Speaker's journey to consistency highlights continuous learning, refining strategies, and acknowledging human errors for growth.

Questions & Answers

Q: How does the speaker decide on entry and exit points for the discussed stocks?

The speaker determines entry and exit points based on support and resistance levels, EMA indicators, and previous patterns to ensure profitability.

Q: Why does the speaker mention waiting for confirmation at the EMA for trading decisions?

Waiting for confirmation at the EMA is a conservative approach to avoid potential losses and ensure that the stock meets certain criteria before entering a position.

Q: How does the speaker handle red days after two months of profits?

The speaker advises reflecting on past successes, maintaining emotional balance, and focusing on long-term growth instead of getting discouraged by short-term losses.

Q: How long did it take the speaker to become a consistent trader?

The speaker highlights that consistency comes with time and experience, emphasizing the importance of continuous learning, refining strategies, and acknowledging mistakes.

Summary & Key Takeaways

• Detailed breakdown of five stocks: htz, ciear, US LV, D gas, and DL with analysis of patterns, entry and exit points, and potential profits.

• Emphasis on horizontal and uptrend patterns, support and resistance levels, and EMA indicators to guide trading decisions.

• Encourages risk management, patience for confirmation, and learning from mistakes for consistent trading success.