When you’re dealing with a market offering traders limited opportunities…
…then one thing you can’t do is MISS A TRADE.
Think about trading like operating a business …
Nightclubs aren’t open at 2 p.m. because nobody parties that early in the day. Breakfast restaurants close in the afternoon. Get what I’m saying?
Make sure you’re watching the markets during volatile times. ‘Power hours’ are the hours after it opens and before it closes.
Biggest Runners This Year
I’m gonna get to the charts in a second. First, let me admit something …
I missed these moves. I’m kinda kicking myself right now. But I won’t let FOMO get the best of me.
I’m gonna stick to my plan and make smart trades.
The reason why I missed out on these potential profits? Keep reading …
The markets are usually slower in the middle of the day. And some days I use that time to go work out with Matt and Bryce — two of my trading friends.
Last Thursday, I missed a break-out trade on Inspirato Incorporated Warrant (NASDAQ: ISPOW). Check out the afternoon spike over $1.50…
That’s a +180% spike in one day!
And it’s not the only big move I missed. Nuvectis Pharma Inc. (NASDAQ: NVCT) ran from around $5 up past $9. A +70% spike …
And Maris-Tech Ltd. (NASDAQ: MTEK) went from $1.80 to $2.20 in less than an hour. A 20% move. I could have caught a nice single on this one …
To sum up my point: There’s been some volatility and I missed it to go lift weights.
But that’s OK! I’ll never catch every move — nobody does. There’s always at least one that got away.
But now I can schedule my trading around this new volatility …
My New Trading Schedule
I’m not going to the gym for a bit. At least, not during trading hours. Gonna wait until I can figure out the best trading times.
I definitely still want to watch the power hours at the market open and close. But since I’m seeing more mid and late-day breakouts, that’s where I’ll try focusing my attention.
If you don’t have time to watch the market all day, that’s fine. Do what works for you. Stay on the hustle. I used to work a day job too.
But ever since I crossed $200,000 in trading profits, I quit to focus solely on trading. That’s where hard work can take you.
It also helps that my mentor, Tim Sykes, has over two decades in the stock market with over $7 million in profits.
I applied for his Trading Challenge and took control of my life and my schedule. Think trading is for you?
Apply NOW for the chance to be his next Challenge student.
How many chances do you get to actually achieve your dreams?
Seize this one,
Roland Wolf
Editor, The Wolf’s Den