AMC & GME stock are blowing up today. AMC with a 20% day yesterday, I wanted to breakdown how to trade a risky stock like amc and what lead to my success! I hope you learn how to trade for beginners!
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The Stock Market falling/ crashing can be a scary thing when you are not informed on how to make money during a stock market crash! The corona virus isn't getting any better and opportunity is among us, let's take time to inform ourselves and make the most of this opportunity!
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DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.
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1.β Free Trading FB Group: http://bit.ly/techbudsfbgroup
2. π A-Z Beginner Day Trading Course: https://learnplanprofit.net/
3. π #1 Trading Mousepad: https://shoptechbuds.com/
β FOLLOW ME ON INSTAGRAM!
πΈ Ricky's Insta: https://www.instagram.com/rickygutierrezz/
πΈ Techbuds Insta: https://www.instagram.com/techbudsolutions/
For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 315,000!
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
The Stock Market falling/ crashing can be a scary thing when you are not informed on how to make money during a stock market crash! The corona virus isn't getting any better and opportunity is among us, let's take time to inform ourselves and make the most of this opportunity!
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Real Estate, Car Sales, Robinhood, TD Ameritrade, Crypto & bitcoin, Entrepreneurship, Forex, Online Marketing, Online Sales or fun daily vlogs. Please let me know.
DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.
β Surprise You Found $40 Off The LPP Course: http://bit.ly/40offLPP
So i want to talk to you about a day trade that i took yesterday. This is on my fidelity account. Five thousand two thousand buy buy 4174 4150 right. A quick entry, 12 minutes later right got um filled with my 7 000 sell order at 42.57.
So again, nothing crazy about a dollar per share um. Why is it right? So within 12 minutes i made seven thousand dollars profit. Of course, i'm trading with a dollar amount, that's much greater than the average person. The reason i'm making this video is, i need to grab your attention somehow everyone's talking about why to hold amc they're talking about it for the apes, i'm not talking to you people if you want to hold amc great right, the attention's back to you, but i'm Talking to the people that didn't feel very good when amc was down to 28 dollars a share right just a couple days ago, when amc was down at 28 and you felt like giving up right, it's amc is a trade.
Amc is a very volatile stock, very risky stock, and why is it right i sold within just a couple of minutes of trading at 12 minutes. Why, if you look at the actual charts based off of yesterday's performance, i sold at 42.50 right. The direction was in my favor: it pulled on back broke above 40.. All that stuff directions in my favor momentum is building up a lot of consolidation here and then once we have that breakout, i bought more.
It pushed up. I hit my target of 42.50 and i locked it in but look. I would have made 30 more thousand dollars right. If i would have just held.
Everyone loves to talk about the kudashirowa, but they never love to talk about what if it pulls back to 30. A share: are you gon na cover me being down a hundred thousand dollars? Are you gon na pay, my bills? No right! So don't put your mouth and your opinions in other people's pockets. It's that simple. It is so important to understand how to trade a volatile risky play by the direct when the direction's in your favor, when you identify opportunity, it's great, to take advantage of it right.
It's great to understand. Where do i plan to enter? Where do i plan to exit and to stick true to it, because guess what even, if you lock in profits, you really think i just stopped at making. You know the seven thousand dollars. No, i ended the day yesterday.
This is not an average day. I'm not going to pretend like it is 45 000 in the green and guess what it's, because i continued to buy and sell amc. Did i hold it overnight? No? Why? Because i can't manage risk overnight. It is so important to understand the difference from a trade and the difference from a investment or something actually worth holding.
If you want to hold amc, because you want to be part of the movement, i'm not here to discourage you, you do you with your money right, but for those that don't want to bag, hold amc if it sells off down to 28. All i want to share with you is what amc has done more consistently and allow you to decide. One thing that i really like to pay attention to is direction amc more often than not on the four hour time frame is very easy to see from when it's from when it peaked right. It was great when it was bullish, it peaked and then it sold off for about three months right. It found the support, and now it's trying to push up, which is great, but more often than not emc is bearish. So because of that, are you really going to be upset to lock in profits on a stock that, more often than not tends to sell off? You really think i'm going to be upset for making 45 000 in a day just by trading a stock that more often than not sells off, but what if it goes to 56 dollars? Well, every time they bring that up. Well, what if it goes down to 30, what if it goes down to 24 every time they talk about an upside? I want you to talk about the downside. We can't always just be a hopeful trader and never take into consideration the risk involved.
It is so so important to implement structure to never be afraid to lock in profits and if things do begin to go south to manage risk, it is so so important risk. With these risky trades. I thought i could grab your attention with the trade i had yesterday of making you know, seven thousand dollars in 12 minutes. It's great.
We live in a crazy time. We live in such a fortunate time. It could either be very rewarding or very discouraging, but it's all based off of your intent and your approach surround yourself with people that encourage you and empower you to be the best version of yourself. If you like, holding amc, because it's part of the movement, all power team, i'm never here to convince you.
Otherwise. But if you're someone that's simply trying to trade - and you view it as a trade opportunity, then guess what implement an entry exit, stop loss and never be afraid to lock in profits, because at the end of the day, yes, you always could have made more. Just like you always could have lost more, it's that simple right, so i'm very excited to follow up with it. Uh, if you guys have any comments you want to share, feel free to share down below, and i hope that earn your thumbs up again.
This is not to point fingers or to call anyone out. It's really just for the beginner traders that are just getting started. I want you guys to learn how to walk before you run and not be so hopeful and maybe be a little bit more disciplined and structured. So i'd love for you guys to join us for our live training session tomorrow and, if you'd like to do so.
Click the second link down below and if you want one of the number one trading mouse pads right now, click the link down below and right now we're running a sale. I appreciate your time like always, let's make sure that we end the year on agree now to digi team.
The idea is to make money, what do you do after selling? You buy back when the price is cheaper?
Ricky use the other truly volatile pump and dump stocks like SPRT or CLOV or whatever shill stock is being pushed. I hope your shares are sold "when you locked in profits" when AMC squeezes past thousands of dollars.
Sorry but if you ain't with us and day trading amc…you against us.
AMC is not about day trading it's not about the money it's about holding the stock so that the hedge funds cannot buy these shares back when the time comes kid
Iβm definitely holding, but I see the value in this as an overall strategy as a trader. This principle can be applied to any stock. AMC was just the example used.
Essentially, βa bird in the hand is worth more thanβ¦β
Dude. You are the most arrogant queen I have ever seen. Butch it up girlfriend.
π€‘ day traders like you are the problem canβt wait to make you the poor one
Am curious:
You could have used trailing stop order so it could yield profit at 48$ or more?
Whatβs wrong with trailing stoploss?
Keep putting the citadel pickle in your mouth
Hey I have respect for him Iβm only 21 and Iβm tryna get like you. I look up to people like you heβs just tryna help out. And you can take a lot a criticism RESPECT. And teach me your waysπͺπΎπ―
We only add what we can hodl. We lock in profits on other stocks. This stock is a movement. Itβs more than 10,000 other stocks to trade bro. π€¬This man showing receiptsπ€―
You're actually very strategic… I love da info, this is free game
Dude already has life changing money why does he need to buy and hodl stop hating on Ricky continue on living la vida loca
This video reminds me so much of my 18 years old self, a boy with a desire of being wealthy . Having that mindset at a young age has been the strive which made me become successful. Now 50 years old with a house worth $1m , 2 McLaren 650S, and a $3m worth portfolio . Working for others day and night can't give you that billionaire dreams . No millionaire got there millions working for others . Building a good portfolio can be achieved by taking great risks , as no success is built without risks . Don't seat back waiting for an Angel to work miracles for you . Start a profitable Investment with the little Capital you have .
All your trying to do is make people day traders your a buster
Bro people like you hurting the squeeze with that day trading shit
I'm sure most of us on here do not agree what Ricky is doing with AMC, especially myself. But here's the thing we got to realize, it's HIS money and if he wants to lock in profits, then fine. Can't knock a hustle. Besides, just bitching a whining about him day trading AMC is not going to change his mind about locking in profits. He doesn't complain about us holding the stock and in fact he is actually rooting for us. At the end of the day, we are all in this to make money.
That good u. I found u could sell 37 strike puts for next week and collect over 12,000 with similar money. Of course, that not day trade and presents more risk.
You are CRAZY if you SWING or day TRADE AMC . YOU RUIN YOUR AVG COST… JUST HODL TO PLUTO πππππππ¦π¦π¦π¦π¦
love how people dislike the vid for no reason, weβre here to make money who cares about some stupid movement
Please don't day trade AMC guys, theres literally 10000 other stocks to day/swing trade.
My favorite trader, dont understand how you dont have at least 2 mill subs
Lol I honestly I have no idea how this channel has so many subs. This is just massive click bait. You bought hundreds of thousands of dollars worth of shares then sold them minutes later lmfao. Wow, should I hand you a medal? I could teach a little kid how to do this and make money. How is this good information at all? Want to mention how you get taxed to hell day trading? Or the fact AMC was around $30 for so long and you bought it when it was ripping above $40. Holy shit you must be a genius… oh wait. This is like how ever person who just started trading trades.
Thank you so much finally somebody on YouTube that has a freaking head on the street somebody that is actually disseminating real advice people please listen to this guy he understands the risk and how destroyed people are about to get AMC is probably going to go bankrupt next year you have to understand that and if Iβm wrong great if Iβm right you lose all your money
stop daytrading amc yall some mothertraders
Hi, Brother Ricky could you teach us trade options?
Great advice Rickyβ¦so often people are quick tell others what should do or shoulda done when it comes to trading.
Stop making AMC videos then playing the victim when Apes come at your neck
Honestly I just enjoy how you take risk with some much carefulness and thatβs why I appreciate your style of trading the most.
Thanks! Simple and great. Very informative.
Buy and hold – that's how you trade AMC. This "take profit at the expense of retail" mentality is exactly why the stock market is so corrupt and manipulated in the first place.
This kid is a millionaire for a reason. Folks follow his lead, take your profits, disregard the emotional blackmail thrown at diamond handers, its toxic, lock in profits always.
Going in with no plan on a risky trade is trading blind. Have a set goal in mind, manage that risk, and never be afraid to walk away with some money in your pocket!