Now is the time to step on the gas pedal!
Usually the summer months are marked with slower trading momentum, but this 2024 market is on FIRE.
- The meme volatility is back.
- NVIDIA Corporation (NASDAQ: NVDA) posted impressive earnings AND announced an upcoming share split.
- The U.S. political election creeps closer.
There’s A LOT of volatility for small account traders to take advantage of right now.
And on top of that, we’re at the beginning of a shortened trading week!
Greedy market players are trying to squeeze the same amount of profits from a market that only offers four trading days this week compared to the usual five days.
That invites additional volatility that small-account traders can use to profit.
Volatility Can Be Dangerous …
I’m trading stocks that spike +100%* intraday.
Traders who ignore the rules could get stuck on the wrong side of this price action.
The reason I trade volatile penny stocks:
- I can load up on shares because they’re cheap.
- The intense percent gain gives me more room for error.
- The price action can follow popular patterns.
>> This is the trading framework that my students and I use to profit <<
Volatile stocks can follow these patterns because people are predictable during times of high stress. Like when they have a few thousand dollars in a stock spiking +100%.*
Essentially, the stock patterns also act as patterns of human psychology.
Traders who recognize the framework in real time are free to build profitable positions. Take a look at the video below of Jack Kellogg trading SoundHound AI Inc. (NASDAQ: SOUN), a 520% spiker that followed our framework perfectly.
The more examples that you see, the quicker this will start to click.
Trust me, I have over 40 millionaire students and counting …
This Week’s Opportunities
I mentioned in yesterday’s blog post that we’re looking for low-float stocks with news.
MGO Global Inc. (NASDAQ: MGOL) is a good example from last week. The price spiked 730% and StocksToTrade shows the float is only 7.7 million shares.
Take a look at the chart below where every candle represents one trading minute:
But once a trader finds a move like MGOL, they still have to make a trade. For new traders who don’t fully understand the framework, trading can be difficult and frustrating.
But not in 2024 …
We can track the framework that these stocks follow. And over my +25 years of trading, I’ve developed a cohesive process to draw profits from these moves.
Since the emergence of AI, we’ve been tracking the price action with a sophisticated trading bot.
Below is the alert that traders got for the MGOL trade last week:
XGPT scans the market 24/7 for plays like this.
Plus, it includes potential entry and exit prices. There’s a whole trade plan.
>> Lean on XGPT until you understand this process <<
There’s a lot of volatility in the market right now.
As a new trader, without the correct instruction, you’ll likely miss these profit opportunities.
That’s what makes XGPT so valuable. There’s no time to waste, and XGPT focuses on real trade opportunities from day one!
Push hard this week.
Cheers.
*Past performance does not indicate future results
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