Week 2 | Trading The Top 5 Stocks Of October 2017

TL;DR

• Rick gives updates on stock picks from watchlist, discusses actionable stocks for the week.

Transcript

let's see test test test can you guys hear me alright what's going on guys it's Rick you attack foot solutions I hope you guys are all having an amazing day I can t keep it very simple today we talked about a couple stocks that I saw value in yesterday for our Sunday stock talk I'm simply gonna be following up with them and also going to be standin... Read More

Key Insights

• ❓ Stocks discussed include TEVA, JNUG, GoPro, CLMT, and TROV.
• 😫 Importance of setting stop-loss and locking in profits emphasized.
• ✋ Caution against trading penny stocks due to high risk.
• 🎚️ Evaluation of potential profits through historical trends and resistance levels.
• ™️ Focus on understanding trades and seeking mentorship for guidance.
• ™️ Emphasis on consistent gains over risky trades.
• 🎚️ Updates on stock movements and alert levels provided.

Questions & Answers

Q: What are some of the main stocks discussed in the video?

Rick discusses TEVA, JNUG, GoPro, CLMT, and TROV as top stocks for the current week, offering insights into their value and trends.

Q: Why does Rick advise setting stop-loss and locking in profits?

Rick emphasizes the importance of minimizing losses and ensuring profits by setting stop-loss limits and not being greedy for marginal gains.

Q: Why does Rick caution against trading penny stocks?

Rick recommends avoiding investing in stocks below $1 due to their volatile nature and high risk, urging traders to focus on understanding trades.

Q: How does Rick assess the potential profitability of stock picks?

Rick evaluates stocks based on their historical trends, key resistance levels, and EMA indicators to determine potential profits and set alert levels.

Summary & Key Takeaways

• Rick updates viewers on top stock picks from a previous watchlist.

• Discusses the value and trends of TEVA, JNUG, GoPro, CLMT, and TROV

• Emphasizes the importance of understanding trades, setting stop-loss, and lock in profits.