ilmscore | How I Made $500,000 in 7 Days of Day Trading (Full Training)

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
A stock meeting specific criteria (up >10%, 5x relative volume, news, $2-20 price, float <10M shares) is likely to attract more volume and become a leading percentage gainer, even if current volume is low.
"If a stock meets all of these criteria, but right now, let's just say for instance, only has 2 million shares of volume. I could probably make a prediction that if the stock is already up 10, 15, 20%. that more volume is going to come into the stock as the day goes on, that people are going to keep trading it. Maybe right now it's the second leading gapper, but the leading gapper has a larger float. There's a good chance that this stock will become the leading percentage gainer."
Stock Market
Pending
Companies are predicted to release positive news earlier in the week and negative news later in the week.
"Companies are more likely to put out good news early in the week, more likely to put out bad news at the end of the week."
Company Behavior
Pending
A series of losing trades will cause market sentiment to shift, leading traders to become cautious, shorts to become confident, and requiring a strong catalyst to re-energize the market.
"So, if that happens, you know, on several trades, then all of a sudden, sentiment in the market is going to start to shift. Traders, including myself, are going to be like, "Oh, it's feeling pretty choppy today. I don't know. I better slow down." And then that hurts any additional setups that we might see. And then that becomes kind of this negative feedback loop where traders get increasingly cautious, shorts get increasingly confident and we have to really ease off uh you know take our foot off the gas until the next stock that has a really strong catalyst that overpowers even aggressive short sellers."
Market Sentiment
Pending
Trading setups occurring after 7 AM will experience exponentially more volume, leading to higher liquidity and volatility compared to setups before 7 AM.
"So any setup that appears after 7 a.m. will have exponentially more volume than a setup that happens before 7 a.m. More volume means more liquidity and likely in this market more volatility."
Market Volume
Pending
If a trader continues to trade while frustrated after giving back profits, their trading performance is predicted to spiral downward rapidly.
"Because what usually happens is you're saying, "I should probably walk away." Because you know you gave back a little profit. You're feeling a little frustrated. And if you keep trading from that place of frustration, things can spiral really quickly."
Trader Psychology
Pending