I didn’t become a millionaire trader by spending all my time in front of the computer screens.
It’s about identifying profitable patterns.
Fresh off his trip to Japan, Inner Circle member Cameron crushed the Weekend Play in Direct Digital Holdings Inc. (NASDAQ: DRCT)…
…in between surgeries!
Sensei, $DRCT was an EPIC trade 🙌 Sold half at 4.47, gonna let the other half riiiiiiiiiide. One more surgery to go tonight then study time before turning in. Have an awesome weekend!
— Cameron BlokAndersen (@CamBlokAndersen) November 11, 2023
Trading doesn’t mean you have to sacrifice what you love.
With the right patterns, you can integrate profitable trading into your everyday life
My Weekend Trades, like the one Cameron took, are the perfect setups for maximum return on minimal effort.
Here’s how they work…
Table of Contents
What’s the Reason
Fear of missing out (AKA FOMO) is one of the most powerful tools in trading.
We feel it when we watch a stock take off without us, no matter the reason.
It also happens when you hear everyone talking about a ticker that you’re not involved with.
That’s the premise behind my Weekend Trades.
I look for stocks that will make someone mad they didn’t own it, even if it’s just for a trade.
To create that FOMO, a stock needs a story. The most common ones I look for are:
- Earnings winners (like DRCT)
- Pharma or biotech trial results
- Winning big contracts
- Investors taking a huge position
These themes ebb and flow. Sometimes biotech companies are the best, while others might be AI.
I use Breaking News Chat to keep me posted on the news catalysts moving these stocks.
In the last few weeks, stocks like Palantir Technologies (NYSE: PLTR), NerdWallet Inc. (NASDAQ: NRDS), and several other higher-priced earnings winners pushed higher and held their gains.
So, when I saw DRCT up 40% in the premarket on Friday, it immediately went onto my Weekend Trades list.
Watching Afternoon Price Action
I enter most of my Weekend Trades midday on Friday or later.
I want to see them hold the gains for the day, keeping close to VWAP or pushing higher.
The longer a stock with good news can hold its gains, the more likely it is to squeeze up into the close.
Traders who shorted the stock, expecting it to fall, don’t want to hold through the weekend for the same reason I WANT to hold – anything could happen.
Plus, they often have to pay extra when the stock is hard-to-borrow.
I also want to see signs of a ramp into the close on volume and break a key level.
This is the lynchpin for many of these trades.
As you’ll see in the chart below, DRCT didn’t get moving until almost a half-hour before the closing bell.
Once the stock broke the high of the day, it pulled back, which is where I entered.
Ideally, I want these stocks to be well past the high of the day, but I shared many reasons with members as to why I was a bit more bullish on this one.
Not as impressive as Cameron who sold half at $4.47, but I can’t complain.
More Breaking News
- Lucid Group Surprising Financial Turnaround: Should Investors Reconsider Their Stance?
- BigBear.ai’s Stock Decline: Examining Recent Developments and Financial Health
- SERV’s Stock Soars: Can This Trend Continue?
The trade was as straightforward and simple as they come – perfect for me since I was traveling through Japan.
Ready to Transform Your Weekends into Profitable Trading Opportunities? 🚀
Even seasoned traders often overlook the goldmine that weekends can offer.
Consider the story of Cameron from our Inner Circle, who capitalized on the weekend play in Direct Digital Holdings Inc. (NASDAQ: DRCT) – achieving success even amidst a busy schedule.
The key?
Recognizing patterns that spell opportunity. 🌟
🌟 Trading doesn’t have to be a full-time job. With the right insights, you can weave profitable trades into your everyday life.
🌟 Fear of missing out? Turn it into your trading ally. Learn to spot stocks that others will regret not owning, even if just for a short trade.
🚀 Join our live training session this week.
🚀 Uncover the secrets behind selecting Weekend Trades that promise maximum returns for minimal effort.
🚀 Experience real-time strategy development, focusing on identifying and leveraging FOMO-inducing stocks.
🚀 Don’t just play the market – master it. Learn how to integrate trading seamlessly into your lifestyle.
Are you ready to uncover the untapped potential of weekend trades?
Prepared to harness the power of FOMO for your financial advantage?
Your pathway to successful trading starts here.
👉 CLICK HERE TO SECURE YOUR SPOT IN OUR LIVE TRAINING!👈
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