People Are Pulling Profits Right Now – You Can Do This!

The larger market gapped down yesterday after a hotter than expected CPI.

There’s a chart of the S&P 500 ETF Trust (NYSE: SPY) below for reference.

Investors and hedge funds are scrambling to save the early 2024 win streak.

Is this the end of the hot market?

I don’t know. And I don’t care.

The best strategy in the market is reacting to market volatility. Not predicting it.

And when it comes to small small-account traders in this market: There’s no need to fear.

Our niche is overflowing with profit opportunities due to this larger market insanity.

The proof is all over Twitter:

Premarket win on $DBGI. Nailed my hypothesis! In at 4 out at 5.55 for +460. Best trade of my short career! Thanks @timothysykes @ArtofWarEH3 @Jackaroo_Trades

— BruceMelon (@BruceMelon369) February 13, 2024

$DBGI in at premarket 6.20 out at 9.08. Then bought that intraday dip 6.40 and rode it to 11.24. Awesome way to start the day!! Thanks @sttbreakingnews @timothysykes @tbohen

— Jennifer Faith (@faithinmarkets) February 13, 2024

There are a lot of stocks in play right now:

• Digital Brands Group Inc. (NASDAQ: DBGI) was a new spiker on Tuesday.
• MicroCloud Hologram Inc. (NASDAQ: HOLO) woke back up …
• I snagged recent profits on Ohmyhome Limited (NASDAQ: OMH).

The market could continue lower.

But my trading account is sitting in cash right now. There’s zero exposure to the market.

I only follow the hottest stocks, and when they show a perfect setup, I get in and out for a profit.

Even if the stock fails: My patterns alert failed trades before it turns from bad to worse. Those who exercise discipline have more than enough time to get out.

Take my recent trade on OMH for example.

Technically, the stock failed to follow my bullish pattern. So I got out.

Due to my impeccable entry I was still able to profit 7% on a failed trade.

This isn’t rocket science.

We just know how to follow the patterns.

The Exact Same Pattern

The strategy I used to profit on OMH, it’s the same pattern that I used on Monday to profit from Beamr Imaging Ltd. (NASDAQ: BMR).

I outlined the whole BMR trade with the entry and exit in this blog post.

OMH followed the same pattern, but the price fell apart before it could break out.

The stock spiked 490% in premarket. I bought the dip after it opened during regular trading hours. And I sold into the resulting squeeze.

Here are my trade notes:

OMH wasn’t able to break through resistance, it continued lower.

Comparatively, BMR broke through its resistance and surged 1,500% the day before.

They’re not all home runs

I pulled a profit from OMH because I was disciplined enough to recognize the price action and I got out.

Look at what happened later in the day. THIS is why we don’t overstay our welcome on the hottest stocks, prices fell 40% from my entry:

Some of these plays are going to fail. That’s the nature of the market.

Luckily, the best patterns can keep our accounts safe.

Better yet: There’s a way to make money on the way up AND the way down.

And I’m not talking about short selling.

Dip Buy

When the biggest spikers inevitably crash (remember, they’re penny stocks) there’s volatility on the way down that offers ample profit opportunities.

When prices fall too far too fast, we can see momentary bounces.

I got 5% off of this one later in the day on OMH.

Notice how little of the move I’m playing.

You don’t need to catch the whole move.

That would be an unrealistic expectation. And dangerous for your overall account.

There are rules we need to follow in this market.

It’s all fun and games until you lose the mortgage on a crappy penny stock.

But … There IS a process for profits.

Over the last 25 years I’ve pulled $7.5 million in profits from this niche. And over 30 of my students have now crossed the $1 million milestone.

More Breaking News

• ORIC Pharmaceuticals: Exploring Recent Challenges and Prospects
• Scinai Immunotherapeutics: A Market Ride Worth Watching?
• Abercrombie & Fitch Surges Amid Strategic Moves and Market Dynamics
• 22nd Century Group’s Bold Leap: A Market Game-Changer?

These volatile stocks ARE dangerous if you don’t know what you’re doing. That’s why I teach.

Student Profits

Some of my students only find me after they’ve already lost a bunch of money. I hate to see it. But I always tell them the same thing.

The truth that they need to hear is printed below:

Don’t give up. The learning process can be difficult. But there IS a process for profits in this market. Don’t let past losses cut you off from future profit opportunities.

My students and I are banking in this market.

I had to copy a few recent student messages from our chatroom into a google doc so that I can show you … I’ve got pages of this stuff:

There are more spikers on the move RIGHT NOW.

Get in the chatroom.

And try to soak up as much information as you can. The profit opportunities in this 2024 market are insane!

I’ll see you in the chat.

Cheers.