All right. Welcome back everyone.. Lately I've been doing a lot of prediction: type, videos., Just kind of getting a read., A little slower out there over the summer., But got a prediction on Amazon. We're gon na break it down..

So the split is coming. Okay. The split is actually coming on Monday.. This video is due to be released on Saturday, so it will already be too late for you to either get in or get out..

But I have some interesting anecdotes and experience based on these stock split yolo play trades, which is what I basically call them.. So that being said, I am lead trainer with StocksToTrade Tim Bohen. Check out the link below. Get a free trial to the best stock screening stock scanning platform out there breaking news Oracle.

All of these tools, you see me use every single day on StocksToTrade Advisory., Hit that link and check it, out., Okay. So let's talk about Amazon., So listen historically, going back a couple years buying before the stock split in these technology story. Stocks is what I call them has been a very reliable trade., I mean listen the Tesla splits. If you bought before the splits very happy., The Apple splits very happy.

InVideo was another successful one. Google okay. There's been over the last couple years. Basically, I hate to use all because there might have been one outlier, but when you're talking about the big name, NASDAQ technology stocks, 99 % of them have been great, buys before the split..

Now why do I think Amazon is going to be different, Even though I am very bullish, Amazon long-term.? What we're talking about here is short-term to midterm., Okay., Listen, Amazon! I tell this story all the time.. If I don't get a package from Amazon, I start getting worried about the UPS driver., I'm like man, I hope he's okay.. He didn't come today. So anyway, we're all gon na buy everything from Amazon., We'll probably all work for Amazon and then just buy from Amazon.

It'll, be like the old coal mines where you work for the coal mine, and then you spent every dollar you made at The company store. That's our glorious future, to look forward to right And that's a great ray of sunshine.. Nevertheless, very bullish, Amazon long-term., But why I'm bearish short-term around the split is because this is the most asked about stock by what I call civilians. Okay, When you hear me say civilians, I'm Pre-Market Prep check out the link.

Below., I'm still live every day, 8:30 Eastern.. What I'm talking about is people that aren't in the markets every single day like I am or you are, or maybe you're in the markets. Three or four days a week. When I talk civilians, it's people that only look to make trades when it's like everyone's talking about it.

And it's the most obvious play., There's media coverage everywhere. And they get FOMO.. Okay. The best analogy to Amazon is when GameStop hit an all-time high like the day it hit an all-time high.

I'm getting text messages from friends, family that aren't in trading. They've got other jobs; they got other businesses and they're asking ``. Should I buy GameStop ?'' And I'm like oh my gosh., We're three months into this run and now you wan na buy it now Or DWAC was another one. I mean remember if you go back on StocksToTrade Advisory last October.

Well, I talked about that 60 level. That 60 level, once 60 comes, the squeeze is on.. It happened in December.. Dwac goes to 100.

That day. Literally that day I got people civilians saying ``. Should I buy DWAC.? It just broke 100 ?'', I'm like were you for three months? Why weren't you texting me or calling me then, And Amazon and again this is purely anecdotal - is very similar. This week text calls..

Should I buy Amazon because of the split I got. Ta get in. Here's my best, my favorite anecdotal story literally from today, and that's why I'm doing this video. I've got a buddy, doesn't actively trade dabbles here and there.

I get the text.. Should I buy Amazon, I explain to him: ``, Listen! Wait for the reaction.''! You know the rule or, if you're on Pre-Market Prep, you know the rule., We don't anticipate, we react.. Okay, I tell him I'm like ``, Listen if Amazon's gaping up big huge volume on Monday. That's your buy signal.

Okay, If Amazon gaps down no mania, no irrational exuberance, you avoid it., Don't play guessing games.'' ``. Well, I wan na buy today.'', And I'm like thanks for listening to nothing. I just explained to you. That you're, just yoloing is all you're doing., So I'm like whatever..

I basically hang up on him.. I probably could you know drop me a link in the comments.. Do you have any anger management services that you recommend Drop me a comment., I'd like to know.? If you've had some good experiences., Maybe you got a referral.? Maybe your practicing anger management.. Let me know.

So anyway, then a few minutes later I get a text. He's like `` Hey. I just dropped another 50 grand into my Robinhood account.'' And he's like ``. They won't.

Let me trade with it.'' And I'm like ``. Well, yeah it's'cause, you did an ACH., They got ta, wait for the funds to settle.'' ``. Well, if I wait, the funds don't settle till I think Monday or Tuesday.'' He's like ``. I can't buy !'' And I'm like ``.

Do you realize you're doing exactly what I explained to you, You're full of FOMO. You're, making terrible decisions.? You knew this Amazon split was happening for months.. Why are you depositing money on Thursday afternoon? Okay? Why not prepare in advance ?'' Again, I'm like gah Yell at him.. So then five minutes later he's like `` Wait.

I got five grand in buying power.'', Then he says ``, Oh crap., That's just because I had 1,000 bucks sitting in there from before, and I got five to one leverage.'' And I'm like jeez. He's like ``, So I'm gon na buy two shares.'' And I'm like So he bought two shares., I'm like ``. Listen. You got five grand in buying power.''.

Now I'm at the sarcasm, point. I'm like won't. Listen to anything I say.. This is about an hour ago., I'm like ``.

Listen, you better hurry! Up.! It's about to break 2,500.! You'll only be able to get one share then.'', So he got in.. He got in. I think right here about 1:30 PM. Right before it hit 25 got his two shares on marching..

Now again, guys's got plenty of money.. He ACHed 50 grand it'll hit on Monday or Tuesday.. It's not like he's being crazy. He's got the money., But I'm like do you realize what you're doing here? You cannot you're asking me you're hounding me., Then you tune out everything.

I say in teaching you how to be a professional just so that you can get in with your two crappy shares to just hope that something magically happens on Monday. And people are like. Why is the failure rate so high in trading? I mean, as far as I know, he hasn't made a trade in like six months. And again he's a successful businessman.

Does very well for himself.. He makes good decisions.. Okay, He's not dumb. Doesn't make bad decisions., But it's like you wait months and months to make any trades, and now you are panicking to get in as fast as possible because of something you saw on the TV news last night or heard on the radio.

Tim. Why is there such a high failure rate in trading Drop me a comment below.. I would like to know.. Do you know the answer to that question after this video? What would be your top guess as to why so many people fail trading stocks Drop me a comment.

Below. Have an amazing weekend. Hope to see you on StocksToTrade Advisory Monday morning, 8:30 Eastern. Live every day, 8:30 Eastern.

Hit the link below. And don't be FOMO bro.. I mean listen if you learn from this example, if you can't wait if you're rushing and you're like you're doing all these things that you could have done yesterday, you could have taken these steps weeks ago months ago, if you thought that the split was gon na, Be bullish and you thought it was gon na break 2,500 on Thursday before this split. Why would you not be prepared weeks or months in advance when you knew this catalyst was coming? This didn't get announced yesterday..

It didn't get announced this morning., But now Amazon's up 3 %. Everybody starts freaking out. And that's why we will see.. So my hope is come Monday morning we get a gap and run., But I think because of the amount of FOMO I have heard from, I think this will be the one split that in the short-term weeks months doesn't work..

Now, listen Amazon will grind back higher eventually., But in the short-term like this summer, this fall. I think Amazon's gon na be flat or down. Trend. Have a great day., We'll see you next time.