Welcome traders,
It’s election week!
It’s finally here … And I’m excited for the volatility.
No matter the outcome, there will be opportunities to profit.
- The Trump stocks, DJT and PHUN are both capable of volatility this week leading up to, and after the election.
- Solar plays like SOL and VSTE are more closely connected to a Democratic victory and are showing us similar volatility.
But identifying these plays and trading them are two different things.
A lot of new students get frustrated when they see this price action. They don’t understand which patterns to play, how to play them, or when.
So, today …
Before the election results go public.
Before Wednesday’s volatility.
>> Before the #1 election trade starts to spike <<
You need to understand how my students are finding success. Mimic their process!
Student Success
My students and I, we all use the same patterns to trade.
Stocks like to follow these patterns because the people trading the stocks are predictable during times of high stress.
People have always behaved predictably when they’re stressed. Since the dawn of man. And as a result, these patterns have never changed.
One of the strongest patterns to trade – in my opinion and judging by my student’s success – is the early ramp up.
When we trade a stock at the beginning of the spike, it has more upward momentum and therefore offers us a better opportunity to profit.
Now, that might seem a little obvious …
But a lot of students neglect the earlier spike for fear of being wrong.
Instead, they try to trade intraday or in the afternoon to take advantage of the support and resistance lines caused by the earlier price action.
That’s still a viable strategy … The trades just don’t have as much momentum because they’re late in the spike.
Instead of checking these charts intraday or during after hours … You’ve got to wake up early and scan the market during premarket hours.
I know, waking up early sucks!
But so does missing out on stock spikes … So I guess you gotta pick your poison.
Student Premarket Trading
Last week a lot of my students shared their premarket trades on stocks like:
- PHUN spiked 15% on Monday morning.
- BKYI spiked 170%* on Tuesday morning.
- TNON spiked 40% on Thursday morning.
- TOVX spiked 60% on Friday morning.
Take a look at the posts below:
I’m up early too!
Last Friday, Jack and I hit the trails on some four wheelers to get our blood pumping before the premarket spikers.
See my post below:
Goooooooooooooooooooooooooooood morning from @Jackaroo_Trades and as we started the month with a crazyyyy premarket quad run to get our hearts pumping…are you ready to make this the best month EVER?! Retweet this if you promise to do all you can to learn and profit right now!!! pic.twitter.com/aVQAL7CYLk
— Timothy Sykes (@timothysykes) November 1, 2024
You don’t have to wake up and trade alone!
There’s a whole community of traders who jump out of bed to try and snag profits from this hot 2024 market.
Join our next trading live stream to follow along.
You don’t want to miss this election volatility.
Of all the weeks to wake up early … This is the one!
Cheers.
*Past performance does not indicate future results
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