The Key to Hot vs Cold Market Trading
Published: 2024-10-23
Status:
Available
|
Analyzed
Published: 2024-10-23
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The speaker predicts that the high volatility seen during the pandemic may not return for another 20 years, similar to the period after the dot-com bubble.
"I don't know that we will anytime soon get back to the type of volatility we had during the pandemic I think that type of volatility is more akin to what we had during the.com bubble which although I was in school and was participating in it through a school project I wasn't trading it with real money like I am today so I didn't capitalize on a dot bubble so then 20 years later we have the co pandemic so it might be another 20 years before we have another you know big big event"
Pending
The speaker has a year-to-date average daily gain of $5,000, with an average winner of $645 and an average loser of $480.
"I'm sitting it um 1,78 th000 year-to dat average daily gain 5,000 a day daily goals 5,000 so that's pretty solid average winner $645 average loser 480 a positive profit to loss ratio"
Pending
Last year, the speaker experienced a low point with a negative profit-loss ratio, larger individual losses, and a 67% accuracy, resulting in $389,000 gross profit.
"last year was it was a low point for me my profit loss ratio was negative I had bigger losers not a lot of them but just in general bigger losers I only did 67% accuracy and gross profit was $389,000"
Pending
The speaker aims to triple their earnings from last year by the end of the current year.
"I've nearly by the end of the year I will hopefully have tripled what I did last year not just doubled but tripled"
Pending
February was the speaker's best month in over a year, with a profit of $131,000, surpassing any month in 2023.
"February was the best month I'd had um in over a year uh better than any month that I can recall in 2023 so that was February with 131,000 in profit"
Pending
Following a 2000% surge in 'DRUG', the speaker had a $100,000 day, leading them to question if they could replicate such high-earning days, the last of which occurred in 2021.
"then all of a sudden here in October with drug going up 2,000% that sparked around the momentum that then the next day I'm up $100,000 and I was starting to ask myself whether or not I'd be able to have you know $100,000 days like I'd had in the past you know the last $100,000 day I'd had was probably in 20 you know 2021"
Pending
The speaker's last $100,000 trading day was on October 26, 2021.
"my last $100,000 day would have been in 2021 and maybe it was December I don't know we'll see so no not December what about November um almost November but not quite that was 8 um it was in um October interesting is that coincidence it the same month I don't know so October 26 2022 uh sorry 2021 was um my last $100,000 day"
Pending
The speaker believes they are still capable of having $50k, $75k, or $100k days if the market presents the right opportunities and stocks make significant moves, suggesting the lack of such moves in recent years has been a limiting factor.
"I started to think about that a lot a lot I was like you know what does that kind of mean that you know if I am kind of on the backside and I I sort of thought well you know I I think that if we got the right opportunities in the market I don't see any reason I'm not capable of having a 50,000 75,000 $100,000 day it's just that we haven't had stocks that have made those kinds of moves"
Pending
The speaker's consistent trading strategy involves focusing on the 7-10 AM window, securing small wins ('base hits'), and exiting without overstaying, a method that has been successful for the past three years.
"my bread and butter is just showing up every day 7: a.m. to 10: a.m. hitting some base hits locking up some profit not overstay my welcome and that's what I've been doing that's what I've been grinding on for the last three years and making decent money at it"
Pending
The speaker had two consecutive days in July where they made $50,000 and $40,000 respectively.
"I had two back-to-back 50 $40,000 days in July which was great"
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The speaker notes a recent trend of stocks rising over 1000% for three consecutive days, indicating a period of significant volatility they can capitalize on.
"we see back toback you know 3 days in a row stocks going up over 1,000% and like that I'm able to capitalize on that type of volatility"
Pending
To achieve a $100,000 day, the speaker estimates needing to trade approximately 15,000 shares of a volatile stock that moves $9-$10 per share, or a $4 per share move if they capture half the move.
"for me to have what's the anatomy of a $100,000 day the anatomy of $100,000 a day well let's say if a stock is really volatile maybe I'm taking 10,000 15,000 shares probably not going a lot heavier than that typically so let's say I do 15,000 shares and let's say it goes up $2 a share how much am I going to make 30 Grand at the most if I capture the whole move which you never do so figure whatever the move is maybe I'll capture half of it so if a stock goes up at $2 a share and I'm trading 15,000 shares I'll probably make a dollar a share that's 15 grand so now you need to get $4 a share for me to be up 30,000 right so now it's like $6 $8 for me to be up $60,000 70,000 $9 $10 now you're getting to$ 80,000 100,000 on the day"
Pending
The speaker notes a lack of significant stock moves today that would have allowed them to increase their trading position size.
"today we didn't have any stocks that really gave those big big moves that allowed me to size up"
Pending
The speaker had a successful trade on HZYN yesterday, which moved from $2 to $4 (a $2 move), resulting in an $18,000 profit for the day.
"h yzn yesterday this one um I did better on hzn so let's look at how big that move was this one went from $2 to $4 that was a two-point move and I was able to be up about I think on the total day on it like 18,000"
Pending
The speaker believes they are capable of significant daily profits ($50k-$100k) but attributes the lack of such days to the absence of highly volatile, liquid stocks similar to those seen during the pandemic, with recent large moves being 'grinders' or slower movers.
"I don't see any reason I'm not capable of having a 50,000 75,000 $100,000 day it's just that we haven't had stocks that have made those kinds of moves even the big moves we had during 2022 and 2023 didn't have the liquidity or they were Grinders they were slower movers they just weren't the type of stock that I would really crush and that I did well on during the pandemic"
Pending