As a small-account trader, I focus on the hottest trading times.
Usually, that’s the first few hours of the trading day and the last few hours.
Now, most new traders also work a day job. I don’t expect you to watch the market all day long. Just pick one of the time frames and commit to an hour two a day.
That’s all it takes.
Now, it’s easier said than done. But thankfully, over the last two decades of trading and teaching, I’ve developed specific systems to trade these runners.
For example …
Here’s a morning trade that I made last week, with a starting stake of $19,168:
Here’s an afternoon trade that I made the day before, with a starting stake of $8,100:
Notice the difference between my profits: I can only take as much as the market is willing to give me.
My trading process helps me identify key price action.
- Then I get in.
- Get out.
- And move to the next big runner.
When are you available to trade, morning or afternoon?
Morning Traders:
The hottest stocks in the market usually start to spike during premarket hours.
- Sometimes there are good premarket trade opportunities.
- Sometimes it’s best to wait until the market officially opens at 9:30 A.M. Eastern.
It all depends on when the news comes out and what the chart looks like.
These stocks can follow popular chart patterns outlined in my 7-Step Framework.
But the biggest challenge that most new traders face is finding the stock in time to trade it. Because these plays are volatile and they can move quickly.
We only want to focus on the best plays. In our case, that means a stock spiking with a good news catalyst.
That’s why I wait for a catalyst alert from Breaking News. Last week on Wednesday we got a huge alert for CytomX Therapeutics Inc. (NASDAQ: CTMX) before the stock market opened.
Take a look at the notification on the chart below, every candle represents one trading minute:
This is my note for all morning traders:
>> Wait for the next Breaking News alert <<
Then trade the price action using the 7-Step Framework.
Afternoon Traders:
In some ways, afternoon trades are a little easier to scope out.*
Here’s why:
All the price action from the morning helps us determine a good trade from a bad trade. That’s also why my AI trading bot has been so successful at picking afternoon trades: There’s more data to scan.
We all knew this day would come. Ever since AI burst on the scene in early 2023, there were rumors of people using AI to trade stocks.
I spent MONTHS on this program. And at long last, the XGPT bot alerts traders of potential afternoon profit setups.
The system also offers a trade plan as if I gave you one directly.
Take a look at the afternoon XGPT alert from last week on Mullen Automotive Inc. (NASDAQ: MULN) below:
Until a new trader grows to learn this process …
More Breaking News
- Growth or Bubble? Analyzing the Rapid Movement in Intuitive Machines’ Stock
- Is Avinger Inc. Stock (AVGR) Headed for a Rebound After December Plunge?
- Is AMD’s Stock Skyrocketing Too Fast? Exploring the 4.5% Gain
>> Lean on XGPT for afternoon alerts <<
Small Account-Traders Are Killing It
There are new profit opportunities every day in our small-account niche.
I’ve been reposting my students on Twitter. And my apologies if I missed your Tweet, there’s A LOT going on.
Take a look at some of the stocks my students are trading:
Breakout on $JAGX! @Jackaroo_Trades entered at .225 cents and the stock catapulted to $0.32! 💥
Get Jack's next trade idea on May 9 at 8 pm EST: https://t.co/VcjClI1J7o pic.twitter.com/cBm4iKSyJf
— StocksToTrade (@StocksToTrade) May 2, 2024
There is a real process for profits.
My students and I are using it to trade key price action this week. Hop on board!
Cheers.
*Stock trading is inherently risky.
Leave a reply