AMC Stock Price: AMC Entertainment extends gains as Halloween Kills hits theaters. This just happened after buying $300,000 of amc stock!
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What's going on team hope that you're having an amazing start to the week check this out up over 4 000 on the day i slightly reduced my position size a little bit right now on amc. I wanted to share with you guys a couple of different things. So, like you guys see on the title that is not by mistake, i really began to step on the gas on amc. I have 295 thousand dollars, i'm up over 10 thousand dollars on the day with my fidelity account and you guys maybe can see these other things right here where i added carvana apple and facebook.

I bought more of it today, so i wanted to show you guys that i bought carvana 40 shares, which is about 11 000. I bought more facebook and i bought more apple uh. I bought more amc and i wanted to explain to you why and am i gon na hold it? Am i going to trade it what's going on right, so, first off uh, we had an amazing live trading session today with the learn plan. Profit team - if you ever want to tune on in to our live trading sessions at trade, live every single day at market.

Open all you have to do is message me on instagram, my only instagram account again. My only instagram account is linked in the description message me live trading and that you want to tune on in tomorrow at market open, just set your alarms, and you need to make sure that you tune on in i'd love to have you join but um when It comes down to amc what encouraged me to buy more and i'm going to share with you my entire plan on the one day one minute chart when we began to break above 41.50. That's a huge resistance level. If you guys take a little bit of a step back, you can see that last week on friday, we had that resistance right around 41.75, but it's around 4150 that we have really experienced a previous resistance level.

So when looking at this - and it began to really consolidate and act as a resistance level right here with at 4160, you could see why it was building up a lot of just pressure for a potential breakout. So when we broke about 4150, that's when i really stepped on the gas. I already had some shares of amc right. I had about half of this, but i stepped on the gas.

I doubled my position size in with 300k to really make the difference now that it's a little bit more on the overbought side. Full disclosure right 300 000 is a lot of money to me and i don't want to hold 300 000 worth of amc when it's already this overbought trust me. I want amc to go to the moon, but i need to think about my risk management and if amc were to pull on back with 300 000 again, that's a lot of money right, even with my weeble position, that'd be about 350k. I don't know if i'd be able to tolerate and stay cool carbon collected and stay effective during that pullback, so i've already began to reduce my position size as it began to trade about 42.30.

Slowly, but surely i haven't sold my entire position. I will probably still hold about 100 to 150 000 worth of amc stock, but when it comes down to the 300k, i don't want to pretend like i'm holding it and then doing something on the back end right: full disclosure. I like talking to you guys openly about my trade. If you want to hold amc, hold it.
If you don't want to touch amc, then don't trade it right at the end of the day, do what's best for your future self. If you choose to hold it and it breaks out, then yes, you are going to be the person that benefits from it. Congratulations, but just as much as if it pulls on back, then you have to be able to tolerate that. Put yourself in a position in which you can tolerate, so i'm not going against the people that are holding i'm just here to talk openly about how i'm trading choosing to trade amc and that's like treating it like any other stock right, that's with amc.

Why did i buy more of facebook apple and why did i buy carbona right? Well, i already owned apple and i already owned facebook. I just added more to my position size. The market is beginning to establish signs of a support, and this is apple. This is facebook.

This does not offer the margin that amc or a more of a relevant hyped-up stock might offer. But the things that i like about apple and facebook are that they're, consistent they're bullish and they're quality companies and right now they're a little bit on the cheaper side. So they offer anywhere from around 10 to 15 margin for potential rsi uh, which is why you know i began to load up on them and i will only continue to buy more as they begin to indicate signs of recovery. I'm sure a lot of you guys are just super excited also the nasdaq market.

This is tqqq, which is a nasdaq bull. Etf is indicating signs of a recovery. It's just it's a beautiful thing. It's great to see that we had a great end to the you know last week and now we're only continuing that bullish momentum this week, don't get too excited, don't get too confident, because i don't want to hear you guys complaining if the market pulls back a Little bit, but make sure you just stay effective, don't be afraid to take advantage of an opportunity, just be empowered to be selective, so i hope that i earned your thumbs up in this video.

I hope that you guys are excited. I wanted to provide you guys with a full-on update on everything. Is that i'm either choosing to day trade and or you know, invest in and swing trade uh, and i hope that you guys enjoyed it again friendly reminder if you guys want to tune in to tomorrow's live training session message me on instagram, and that is linked In the description live chat, i respond to all of my dms, so i hope that i earned your thumbs up. Continue.

Working hard continue following dreams. Let your passion, be your judgment. Success consider subscribing if you feel like we earned it and look at this 40 to 80 up 4 000 on the day only getting started like always. Let's make sure that we in the year on the green now take it.
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By Stock Chat

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33 thoughts on “😳this just happened after buying $300,000 of amc stock”
  1. Avataaar/Circle Created with python_avatars Ben Ho says:

    I am holding AMC shares strong, that is my savings account

  2. Avataaar/Circle Created with python_avatars Bull Unlocked says:

    Personally I just have a huge fondness for stocks, although I chose a crazy time to get in on the market, I've set asides $350K, I need tips on how to grow that to $1.5million in two years and retire at 45

  3. Avataaar/Circle Created with python_avatars Eduardo Mainardi says:

    <“Don't fight the trend" is an old saying, and there are other variants of the phrase like "never catch a falling knife." The bottom line is that traders should not try to anticipate trend reversals, or even worse, try to improve their average while losing. It really doesn't matter whether one is trading soy futures, silver, stocks or cryptocurrencies. Markets generally move in cycles, which can last from a few days to a couple of years. In B -TC’s case, it's hard for anyone to justify a bullish case by looking at the chart. It is much more complicated than some would have you believe but from Melisa Mondino, approach, bear market aren’t worth losing from if you use the ongoing newbie/investor programs. A portfolio I got into the strategy with 1.3BTC was quickly increased to 6.6 btc…

  4. Avataaar/Circle Created with python_avatars Larry Warshauer says:

    Well AMC is now 40.60 and gong down. Hope that first lot you bought was lower than 40.60. Unless you see a breakout on HIGH VOLUME. – well statistiis show that most breakouts fail. What is your win loss ratio and what is your average R. I would like to know because I have never seen anyone do better than 75% on win loss. And of course the R ratio is critical. Can you tell me those?

  5. Avataaar/Circle Created with python_avatars Nina Dalton says:

    "The sooner you get in the better. Don't wait to buy stocks. Buy stocks and wait." – Warren Buffet.

  6. Avataaar/Circle Created with python_avatars Eric Saechao says:

    You trade quite different than a couple years ago. I remember you were trading ugaz and dgaz everyday. Your constant adapting to the market is what professional trading looks like. Thanks for the inspiration.

  7. Avataaar/Circle Created with python_avatars Pali says:

    THE AMC VIRUS. Dude doesn't deserve to make any gains off AMC or the subscribers he basically entices into buying before he dumps on them so he can earn less than 10% on 150k.

  8. Avataaar/Circle Created with python_avatars Rother Ann says:

    POOR MINDSET IMMEDIATELY SEES A SURPLUS AS AN OPPORTUNITY FOR CONSUMPTION RICH MINDSET SEEKS TO SPEND THEIR TIME** RESOURCES,AND ENERGY ON WORK THAT CONTINUES TO PAY OFF LONG AFTER THE EFFORT HAS BEEN INVESTED
    Like The Post And Be Blessedly…..

  9. Avataaar/Circle Created with python_avatars Amir Eltahir says:

    thank you so much but I don't have an Instagram, I would like to see your live trade

  10. Avataaar/Circle Created with python_avatars george Wells says:

    Back below what your $250,000 bought. Don’t quit your day job Rick

  11. Avataaar/Circle Created with python_avatars Phil 4 Real says:

    You are LITERALLY preventing the MOASS by SELLING. PHCK YOU.

  12. Avataaar/Circle Created with python_avatars Anthony K. says:

    He really did the shocked hand covering the mouth face

  13. Avataaar/Circle Created with python_avatars fateindustry says:

    so if you bought 7k shares at 42.14 then I get 295k… 40.67 AH right now, so you would be down $10290…

  14. Avataaar/Circle Created with python_avatars Roger Geyer says:

    2 days later, AMC down over 5% on the day, and down more after hours.

    What could go wrong listening to these Youtube pumpers?

  15. Avataaar/Circle Created with python_avatars Justin Gianotti says:

    This mans course must not be selling… feels like there is a new video on AMC everyday

  16. Avataaar/Circle Created with python_avatars Jarrid Taylor says:

    Dude who cares? Go pump content about swing trading something else bro. We don’t have millions of dollars like you. But we’re buying and HOLDING so that hopefully one day our families can be like y’all. We’ve known the ride was going to be rocky since it started.

  17. Avataaar/Circle Created with python_avatars Teresa Derick says:

    I'm no longer waiting for the stimulus check because I earn $18,680 every 14-16 day's recently🚀🚀🚀

  18. Avataaar/Circle Created with python_avatars Y'all Tripping A's says:

    What's your Instagram I would like to tune in live

  19. Avataaar/Circle Created with python_avatars Jeremiah Buck says:

    I'm a believer in the MOASS, but everyone should trade according to their own conviction

  20. Avataaar/Circle Created with python_avatars Rob says:

    Trade the shit out of amc. The people who are telling you to just hold are the people with less than 20 shares

  21. Avataaar/Circle Created with python_avatars Justin Swenson says:

    Where can I day trade? All the apps I’ve seen have a minimum $25,000 balance rule

  22. Avataaar/Circle Created with python_avatars Mike almasr says:

    Bro stop that f face its f annoying just be normal bro, 😒

  23. Avataaar/Circle Created with python_avatars Aye J says:

    Ricky you should look into Alibaba and help us weigh out the technical analysis vs the political fud going on in china. Its at about 160 and was previously 300

  24. Avataaar/Circle Created with python_avatars Techno Bass says:

    Been holding since Jan. You're no Ape. Worried about a pullback when next run is going to be close to $200.00

  25. Avataaar/Circle Created with python_avatars [•Admîn•] says:

    Thanks for watchingⓇ
    Send a direct msg right away…
    What'sapp✙15304248530📈✅

  26. Avataaar/Circle Created with python_avatars Edward L says:

    Feel bad for Ricky, all these mean comments aren't really necessary. I've been holding AMC since jan and im an XXX holder and of course I want AMC to blow tf up, however that doesn't mean you should start attacking him for taking responsible risk management.

  27. Avataaar/Circle Created with python_avatars Mh 44 says:

    It pulls back back because of traders like you. Whatever man!

  28. Avataaar/Circle Created with python_avatars Ty says:

    This whole meme stock retail investor mentality is a sickness. Its like all the California and Texas yuppies learned to invest. No ones holding till 1k-5k-10k, this shows an utter lack of knowledge about economics.

  29. Avataaar/Circle Created with python_avatars Blueberry says:

    Ricky been following for quite some time now. Your videos are the best in youtube for trading matter keep it up. And Ill see you on instagram somewhere in the future!

  30. Avataaar/Circle Created with python_avatars Anson Wong says:

    You seem very happy and energetic in your videos recently, Ricky! Love to see it. Also, some of these people in the comments clearly don't know what your channels about, haha. 🙂

  31. Avataaar/Circle Created with python_avatars Olivier Edouard says:

    Hey Ricky,

    Why are you so optimistic about AMC stock?

  32. Avataaar/Circle Created with python_avatars IAM IRRELEVANT says:

    This guy doesn’t understand the process or the movement.

  33. Avataaar/Circle Created with python_avatars Ricky Gutierrez says:

    Happy to share my full trade plan with AMC stock. We can all have different plans with the same stock! The goal is the same for all, make money and lock it in! Happy Trading!

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