All right, so one of the top trading strategies you're going to hear about is sympathy plays hot sectors how they relate and keep in mind when we're talking sympathy plays in hot sectors. Quite often, the biggest leader in these hot sectors can be higher priced stocks. That's why we love sympathy plays because, most of you can't trade, really high priced stocks. You love the penny stocks.

Today, i'm going to talk about a technique to spot those hot and simple plates. Everyone be sure to like share subscribe ring that bell. I almost forgot ring the bell. I almost forgot to ring the bell.

You better not forget to ring the bell, because if you forget to ring the bell, then you won't get notified when we drop a new video like this. Don't forget, like i almost did that being said, i am lee training with stocks to trade tim bowen today, we're going to be talking about sympathy plays and i'm going to use tesla as an example. Most of you know what a huge fan of tesla. I am.

What a huge fan of elon musk i am, and ultimately one of i think the hottest sectors in 2022 is going to be. It was hot in 2020, hot in 2021. I think we're gon na get a real. I think we're gon na have a real explosion of evs in this coming year in 2022, but you know as much as i love this stock as much as it's so tradable.

I mean it didn't the beauty. Is it did another awesome red green today so tradable, but at the end of the day, it's a thousand dollar stock. If you got a two thousand dollar account, what are you gon na? Do you know, buy one share and then say it goes red and green and it spikes 20, 30 40 a share and that's great, but you got one share. What's the point, so what we like to do is look at sympathy plays and if you remember 2020, we had a ton of these low-priced ev plays a lot of them, aren't low priced anymore.

A lot of them are holding near the highs, but um again. I really think back to 2020 that early summer, when tesla broke out - and we had that - i mean so many - the plugs and the the battery plays the f cells. I mean there's all these tickers that ran with it and i expect nicola as much of a joke as nicola was, but all of them ran with tesla, and i expect to see the same so what you're going to say is well. How do i find them? How do i track those down and one of the great things about uh stocks of trade? Is we've got so many tools that make so many things easier? Okay, now, at the end of the day, um is this going to guarantee profits is going to guarantee you can grow your account or double your account? No, but the there's so much you need to know there's so much.

You need to learn, there's so much of a process. You need to go through that, the more shortcuts and the better tools and the better infrastructure you have. You know when you've got that process, something i preach and preaches. Have a process have a process step through your process, you're gon na be talking about checking the boxes.

You know when you're trying to do that and that's the only way to really trade. I mean i know people, love alerts and people love, hey, bro, just trade. The price action bro who cares about the ticker of the news i mean that can work to a certain extent, but listen if you're just buying the top percent gainer. You know it's got some nudes, you don't even read the press release.

You don't know what the sector is, you don't know what the float is. You don't know what the chart pattern is. Your odds of success over time are very, very low. Okay, you'll get lucky here and there, but then you'll just end up buying a bunch of stinkers that don't go anywhere or craters, because you didn't do your due diligence so have a process stick to that process and refine it.

Okay and this video isn't about that - we have a bunch of other videos to podcast. We go back. Look at some of the steady trade podcasts, we're really talking about refining your process and finding your edge there, all in the archive take advantage of it. Just because there's a video or a podcast, that's two years old.

We really really try and make these what they you know what they call evergreen useful videos. I don't care if you're watching a video of mine from four years ago. Those videos are just as applicable today, especially in the post 2016 world. So that being said, have tools have the ability to make yourself more efficient because you got to step through those processes and one of the best things we have it's simple, but a lot of people don't know it's there and that's the related tab in stock secret.

So what this is is you can see again i'm using tesla as an example, i can, with one click, find every other stock that is in the same sector, industry and sub industry. So you can see up in the upper left, consumer cyclical vehicles and parts and auto manufacturers. Okay, so now with one click - and many of you may be familiar with a lot of these tickers, but ultimately, if you're brand new - i mean you, don't you might not know about living in at least an idea. You might not know about lucid motors, you might not know that ford is crushing it in eds right now.

So look at that with one click again ford, if you're on then on pre-market prep. You know this is my number one old. I call them old line. Ev play, you know, not a newer play again lucid and i oh that that china played, but i mean - and i was still at 30 bucks - pretty wild started out like two bucks in 2020: okay, ribbian, recent ipo nicola, very scammy, but nicholas still here, some other China plays like xpev li s, another uh stack so see how it ride.

Lordstown motors, you know you and workhorse is there. I mean all these plays with one click and then you'll notice. I did something i probably jumped ahead of you, but what's great about this? Is we can sort by market cap volume and float now what i do and what i recommend you do and you'll hear this all the time trade, the big gainers in the hot sectors, with the most volume okay. So i sort by volume and and notice how that put all these big names in the ev sector right at the top of my list doesn't mean they're all buys doesn't mean they're all trades, but right there, whether it be the fords, the lucids, the nios, the Ribbians, the nicolas, the experts, the leds, the sfs fsrs, the rides.

I mean i put those into a watch list which i can just click them add to my watch list. So maybe i create a new ev watch list. I right click it. I add it to my ev watch list.

Then i go. Do my due diligence by getting the highest float stock or the highest volume stocks dropping them in that watch list. Then i work through that process and if they're not interesting, i delete them if they're good. They got good chart patterns, i mean ultimately, that's what we mostly trade is the pattern.

Then we keep it on watch. Then we start breaking down that chart and looking for entries and exits, then the other thing you can do is also sort by float. You know you can sort by the lowest float stocks i mean you can go through here. You know here is a hlbz super sketchy um, but again 1.5 million ev.

What's hlbz doing these days, um i like their name. Nobody, okay, yeah getting destroyed, but you can. I mean listen. This is why you might be like well tim.

Why did why did hlbz click when you saw hey my friends? Look at this nine bucks to 25 bucks in one day: okay, um, seven bucks to 16 bucks in a day and a half uh from eight to forty in three days. Okay, that and we'll save this for another day. That's why you got to be building that mental database. Now i want to be clear: hlbz is dead, but if you could back up that video, as soon as i saw a 1.5 million low float former runner, it clicked do that with experience.

Do that with watchfulness? Okay, the more you grease that groove iron sharpens iron. All these things you put in that due diligence. You can spot that stock too. No trade, it's dead, but i'll, tell you what hlbz has some volume tomorrow as a press release tomorrow, i'm gon na be ready.

So that being said, take advantage of the related tab and again i know it's very simple, but i mean when you're talking about hot sectors and when you're talking about so many of these stocks moving, you need little tweaks to maximize your efficiency and cut down the Time to get through that process take advantage of it, it's a little thing, but if you combine 10 little things, that's saving you minutes when we're talking about a dip and rip on a sketch low float like hlbz. If you can get through your process minutes faster than the other guy, you beat them on the tray, so all right everyone. Hopefully you enjoyed this video as always check out the steady trade team. It's a mentorship program where i really really get in depth with two daily webinars.

Every single trading day click the link and we'll see in the steady trade team.