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Michael Goode’s got all the dirt you need on promoted stocks. He’s here to explain what they are and share his preferred strategy for trading them. Don’t miss this!
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👉Share this video with a fellow Trader: https://youtu.be/TfCOs0rl6fw
✅ Links we mention and recommend:
🔴Try StocksToTrade for $7: http://bit.ly/31D8l2b
🔴Get our FREE weekly watchlist here: http://bit.ly/2SgR1gp
🔴Get the Traders Blueprint Free Guide: http://bit.ly/2HojpqB
🔴Check out the SteadyTrade podcast: https://steadytrade.com
✅ Recommended video: https://youtu.be/v7TSA7dwjek
✅ Recommended playlists:
🔴Stock Trading 101: A Day Trader's Guide: http://bit.ly/2sqs1ZZ
🔴Advanced Stock Trading Tips: http://bit.ly/3a32pTM
🔴Trader Spotlight with Tim Bohen: http://bit.ly/36TTzG3
🔴StocksToTrade Software Tips and Tricks: http://bit.ly/375GSry
🔴Weekly Trading Recap Videos: http://bit.ly/3a32uXA
✅ Follow StocksToTrade on social media:
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Which stocks get promoted? These are typically very small companies. They aren’t well known and no one trades them. So the company pays for promoters to spread the word and lure in investors.
While some pump and dumps are illegal, there’s nothing illegal about a company trying to promote its stock … to an extent. It all comes down to the details. (Tune in to hear Michael explain the difference.)
The key thing with a promoted stock is it's all about supply and demand. Maybe one trader owns millions of shares of this stock. So this trader pays someone to pump this stock up … then sells into that promotion.
When that trader dumps the shares, that creates massive supply. If the stock is sinking because nobody’s buying and there’s an excess supply, the stock will drop. It’s pointless to pay for promotion unless you’re gonna sell.
So how does this play out for traders? It can create a great opportunity for short sellers. With a liquid stock creating real volume and a lot of selling pressure — if someone wants to sell, they can.
But you gotta be smart about it. You always want to be on the same side as the smarter traders in the game. Trade against the weaker, newbie traders. Who would buy a stock because they get a fancy brochure in the mail? Inexperienced traders. Maybe they foolishly believe in the stock or think it’s a scam they can profit from — either way, they buy.
If you’re shorting this stock, you’re on the same side as the people manipulating it. You’re selling with them and buying those shares back after the stock drops … And if the trade goes right, you collect the difference.
It sounds way easier than it is. But remember any strategy takes practice and experience. Make a plan for every single play. And always cut losses quickly when a trade doesn’t go as planned.
#StocksToTrade #StockMarket #PromotedStocks
*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
🔴 Try StocksToTrade for $7: http://bit.ly/31D8l2b
Michael Goode’s got all the dirt you need on promoted stocks. He’s here to explain what they are and share his preferred strategy for trading them. Don’t miss this!
🔴 Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade
👉Share this video with a fellow Trader: https://youtu.be/TfCOs0rl6fw
✅ Links we mention and recommend:
🔴Try StocksToTrade for $7: http://bit.ly/31D8l2b
🔴Get our FREE weekly watchlist here: http://bit.ly/2SgR1gp
🔴Get the Traders Blueprint Free Guide: http://bit.ly/2HojpqB
🔴Check out the SteadyTrade podcast: https://steadytrade.com
✅ Recommended video: https://youtu.be/v7TSA7dwjek
✅ Recommended playlists:
🔴Stock Trading 101: A Day Trader's Guide: http://bit.ly/2sqs1ZZ
🔴Advanced Stock Trading Tips: http://bit.ly/3a32pTM
🔴Trader Spotlight with Tim Bohen: http://bit.ly/36TTzG3
🔴StocksToTrade Software Tips and Tricks: http://bit.ly/375GSry
🔴Weekly Trading Recap Videos: http://bit.ly/3a32uXA
✅ Follow StocksToTrade on social media:
Instagram: https://www.instagram.com/stockstotrade/
Facebook: https://www.facebook.com/StocksToTrade/
Twitter: https://twitter.com/StocksToTrade
Which stocks get promoted? These are typically very small companies. They aren’t well known and no one trades them. So the company pays for promoters to spread the word and lure in investors.
While some pump and dumps are illegal, there’s nothing illegal about a company trying to promote its stock … to an extent. It all comes down to the details. (Tune in to hear Michael explain the difference.)
The key thing with a promoted stock is it's all about supply and demand. Maybe one trader owns millions of shares of this stock. So this trader pays someone to pump this stock up … then sells into that promotion.
When that trader dumps the shares, that creates massive supply. If the stock is sinking because nobody’s buying and there’s an excess supply, the stock will drop. It’s pointless to pay for promotion unless you’re gonna sell.
So how does this play out for traders? It can create a great opportunity for short sellers. With a liquid stock creating real volume and a lot of selling pressure — if someone wants to sell, they can.
But you gotta be smart about it. You always want to be on the same side as the smarter traders in the game. Trade against the weaker, newbie traders. Who would buy a stock because they get a fancy brochure in the mail? Inexperienced traders. Maybe they foolishly believe in the stock or think it’s a scam they can profit from — either way, they buy.
If you’re shorting this stock, you’re on the same side as the people manipulating it. You’re selling with them and buying those shares back after the stock drops … And if the trade goes right, you collect the difference.
It sounds way easier than it is. But remember any strategy takes practice and experience. Make a plan for every single play. And always cut losses quickly when a trade doesn’t go as planned.
#StocksToTrade #StockMarket #PromotedStocks
*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
I'm glad you put this out the OTC is land of milk and honey but also very brutal
ticker LLBO
Nice video can you make a video on charts and time frames and which one is best for day trading
thank you
Interesting learned something new! Loved it!
by watching your video i bought an option, it went down. today news came out. bought the stock. my option expires soon, the stock doesn't. so i'll wait a few days to see if it's a pump or a long before i sell
What’s your experience with promoted stocks? Do you trade or stay away? Let us know!