Everybody welcome back to the channel in today's video i'm going to be sharing with y'all a very simple strategy that i use to double my money on a trade last week and that you can use to double your money as well in the future. Right now before i begin, do not forget to annihilate the like button on your way in and also don't forget to click on the subscribe button. If you are new to the channel alright, so so, let's begin right off the bat um, so the trade, the trade that i took last week, was on apple all right and here's the strategy. The stratos is this: now the reason why i took that trade is for a simple reason and for those of you who are beginners, you want to pay attention to this.

If you look on the 15 minute time frame and you zoom out right, you can clearly see that there is a very bold structure on there and the structure is right over here. If you look closely this right, there is called a double bottom bowl flag. If you go on google and you type double bottom bowl flag, you can see that this simple structure right here is the pattern that i was looking for for apple. It was there, it is clean and the opposite work, especially during a downtrend for those of you who have been subscribed to the channel.

You've seen me use this before on some specific call outs, all right and it's been lucrative for a while and again. This is the opposite, but this is the one that we've looked for for apple. If we go back on think or swim. This is when i got in um.

If you look on here, this is the discord. So as soon as the stock broke out and the breakout point was right around 151 dollars as soon as that happened, i decided to buy calls. The 143 dollar calls that expires next week on um on june 3rd for hundred and fifty dollars. Each here is the chart for for that contract, so this is the chart.

This is the apple that contract right here, and the entry was right over here like if you zoom onto the chart of that structure right. The entry was right here right at 10 o'clock. Again, 250 dollars per contract and the from from this point on, like the trade, becomes extremely simple. If the stock is supposed to behave, if it, if the setup looks as clean as it does all right, it's not supposed to go right back in here and go below 140.

As you can see, i had an alert right here. That's the stop loss alert at 140 because in trading again it's very important to manage your risk and some place, even though they look good. They may fail. But in this specific situations, a lot of other things was going well and was handy and was indicating that the overall market was just very, very strong and more money was going to flood in all right.

So moving on forward we're just holding those calls and apple. Just kept going higher and higher, it went from 150 150 all the way up to 153 all right and when it got to that point, when it got to the high of day, which was around 144, i sold a little bit with the intense to add more For tomorrow, if it was to close inside of that circle, all right now, you don't really have to sell at that point, like you really really don't. If the structure is clean, it's just supposed to go up and just stay up there or just consolidate until the end of the day and eventually keep going higher and, as you can see, it dipped a little bit, but eventually, eventually it closed pretty strong and it And it got in that circle all right now, moving on to the next day - and this was on friday - we're gon na go back on to think or swim right, and this is the contract. We got ta, look at apple and apple as soon as the market opened.

It started to run. It opened up very, very high, which was good again, a strong, close right here, a gap up and more volume at the open. It ran from a hundred and fifty five dollars all the way up to a hundred and fifty eight dollars. I started selling on friday, um right when right at let's see here what time is this 8 41.

I took a little bit off right when it got to let's see all right at 8 41, which was right here at around like a hundred and forty six, fifty right and then i decided to hold the rest until um. It got to at least a hundred and forty eight dollars right, so i was just looking for that push for it to go higher and higher and then, when eventually, eventually, when it got really really close at exactly 9 29. I decided to get out of all of those calls when the contracts got to - let's see here, let's see here when the contract got to 600 per contract, all right, that's when i exited out completely out of apple. As you can see, it's a very it's a very simple technique and yeah very powerful when it works.

It doesn't always work out that way. Sometimes it can pop out right, but in a very weak market it can immediately roll back and form a whole trap at the top. But in this situation the overall market was down, volume was down, everything was going um. Everything has been getting crushed for a long time for like seven weeks and then money started to flood in into all types of sectors like tech sectors, um the spy, the dow jones all of the structures were lining up perfectly to give confidence to hold.

For this specific trade right here right now, some other some other um setups that were present at that time. I shared that video with y'all on. I believe it was on thursday nights. We had something like starbucks as well, which did really really well this one.

This is called a bullish planet for those of you who are new to trading the structure was there and the follow-through was there as well, and some people were able to make some money on that not moving forward to the p l on how some of the Traders did um if you look over here again. I bought the 143 call options for next week. All right and some people bought the 150 call options. Again.

It eventually got to 150, which was the initial price target that i put out when i took the trade um. It eventually got there. As you can see, somebody was able to make 470 dollars on that contract and they also took a trade on um b. Okay, i think this is black rock i'm not mistaken.

Um. Another trader was a bit more aggressive with the expiration of the apple contracts um. They bought the contract that expired on the on friday on the 27th and made a good chunk of money on there. I think that, for that trade it ended up being like a thousand percent gain um somebody made 140 on apple, and here it is.

This is what i'm talking about. So the contract went up by like 1400, so shout out to that person for making a killing on apple and um yeah. That's that's pretty much the basis of that entire trade and yeah. That is the end of the video again.

If you like, this, video, do not forget to demolish the like button for the youtube algorithm. As always, if you are new to the channel, definitely click on subscribe and click on the notification bell. That way, you don't miss out on future uploads. If you'd like to be part of a private discord community, you can find that as the first link in the description of the video below.

If you haven't added me on social media. Yet you can find me at paula, guma in the pedanology lab on instagram and on twitter. And lastly, if all of this is brand new to you, if you're interested in getting started in the stock market, there are some very basic, step-by-step directions. In the description of the video below step, one to step three, it only takes about 15 minutes or less for you to get set up with all the tools you need start trading immediately.

You can also get some free stocks after sending up weeble using the third link in the description of the video below. Once again, ladies and gentlemen, my name is paul guma, with pet analogy lab where betrayed patterns and patterns only - and i will see all of you in the next video you.