Right today. We're gonna be talking about that number one afternoon pattern and i i think the best way to trade as a new trader all right welcome back i am lead trainer with stockstotrade. Tim bowen. And you've often heard me talk about the 9 45 rule.

I really think it is one of the safest way to trade as a newbie trader and i'm doing this video. Something we talked about a lot on the steadytrade team this morning. I do a webinar twice a day every single trading. Day i've done over 3500.

In six years now definitely clicked a link below check it out. But we talked a lot about it and i wanted to bring it to the youtube too because i think it was great discussion bring it while it's still fresh in my mind. A lot of people are like tim. All you say is wait wait wait and i get it i teach a very conservative style of trading and something i always say is what i teach and the methodology that i use is trading.

The most volatile stocks in the safest manner of possible okay. And what that does i truly truly believe. It is the best way to learn trading and grow a small account because what we're trying to do. Okay.

Listen the. Reason we love penny. Stocks the. Reason we love.

100 200000. Runners is that's how you need to move the needle on your account. Okay listen i love apple. I love amazon couple of the two biggest companies in the world.

If you quote unquote love them and trade them. I mean a big day for apple is like a 1 move i. Mean listen if apple moves 2. Cnbc will explode like every talking head lunatic on that network will be screaming like it's the greatest thing ever because apple moved 2 .

Okay listen that's great that's great maybe you make 10 12 bucks a share. I mean if you got 10 shares with a small account hey that's great 100 bucks. You can't complain. But we trade these huge movers because now you can have a couple hundred shares of a 2 stock that proceeds to go to five or 10 or something now you're talking 500 1000.

That actually moves the needle in your account now what people screw up is they get too aggressive so they see these big movers. But then they take too much size. Overstay they hope the stock's go into 20 or 100 or 1000. Or listen we all remember it from 2020 when people were saying like gamestop and amc going to 1000.

Going to 100 it's like come on i mean now listen if you traded and had realistic goals on amc and gamestop they were incredible trading vehicles but 1000 or 100 come on but that's why so many people fail and that's why so many people get stuck. So what i wanna talk about is the best trade from yesterday tblt so this is the chart. I'm gonna be looking at right here and the reason i bring up tblt if you followed me for a while you know i hate this stock. It's the worst company in the world look up their products.

They make like the cheesiest like construction protective gear and toolboxes like no actual contractor would ever be seen dead with this stuff. I mean they make it'd be like the ken and barbie protective gear for the barbie movies. Coming. The ken and barbie edition.

Or like fisher price there i look at this stuff. It's like the fisher price construction and protective gear that you'd buy for like your six year old kid. While he is out there with this plastic hammer hammering on his swing set anyway. Terrible company trash always a one and done.

But what i talked about yesterday morning was afternoon. Confirmation and again if you were there live. You knew i i drew this at like 9 00 am. And what i'm gonna walk you through is that vwap hold high at daybreak afternoon pattern.

Which i think is the best pattern for new traders so i know you can't read this i write fast when i'm on the whiteboard. But this is an example of what i break down on these webinars. So you can see this well you can't see this says vwap hold high at daybreak. This is the ticker tblt and then what you're looking at is the green line is the stock price yellow is vwap the vertical line is 12 00 pm.

It says after 12 00 pm and then what we look for when i talk about that afternoon. Confirmation is above vwap and then perks into the afternoon. That's the go we talk about the go pattern. Actually.

It's funny i talk about go no go often matt monaco calls it the gun pattern. I call. It the vwap hold high at daybreak. A lot of different names for this.

But another good way to talk about this is that go no go so. What i'm denoting here is if we go into the afternoon and the stock is below vwap. It's a no go you let it go okay. Tblt is trash listen by the time.

You watch this video. Tblt will probably be all the way back at a dollar like if you catch this video a week or so from now i mean. It's a one and done. It's a terrible company.

But what we look for is that notice. The stock is above the vwap into the afternoon and then perks post 12 00 pm into that 2 00 pm window that we also talk about and you can see that reflected here 11 50. Am. I mean i know what's not noon.

But come on cut me some slack. It's 10 minutes to noon. So you can see stock chops around at vwap spikes on the biggest volume candle of the day and pushes through all the high a. Day if you would've targeted that area in the.

385 or four level it went all the way up to 520 gap to 560. Even today now you probably wouldn't have held into this pullback in the afternoon. But you can see that is exactly what i talk about when it comes to afternoon price action. Confirmation and volume confirmation in a trash stock like the worst stock in the world.

But everyone's trying to guess tops that's why it spikes. That's why it spiked this. Morning i mean tblt was a dip and rip. This morning at.

520 it went to 565. I mean 30 40 50 cents of upside not a terrible dip and rip either and you can trade these listen don't think that gamestop's going to 1000. Don't think that amc's going to 100 and don't think that tblt is going to 10 or anything else stupid crap you read on the internet. But if you trade these high at daybreaks you have 50 cent goals.

You have 60 cent goals. Maybe a dollar. A share depending on the three to one risk to reward methodology that i teach you can consistently profitably and consistently and profitably trade. These things and listen think about back.

I'll finish on the no go okay as a new trader okay staying out of never ever ever. Underestimate the value of staying out of trouble. And i define staying out of trouble as those big losses. Listen.

If tblt failed yesterday cracked below vwap at 11 50. Am. Instead of breaking the high a day. It would be a no go you wouldn't trade.

It you would've went home flat that day people send me a lot of t shirts. I appreciate it like another t shirt i. Need to get made is i'd rather be flat than red and you have to have that philosophy. Okay is especially as a new trader people want to over trade.

Too much and have that mindset that going home flat at 4. 00 pm isn't a bad. Thing let's say you.'ve got 5013 in your account today going. Home at 5013 isn't a bad.

Thing what's bad is going home at 3990'cause you traded a crappy pattern and you lost. 1000 bucks on a 5000 account losing 100 bucks losing 100 bucks is a realistic loss. I mean losing this part of trading. But staying out of trouble and deciding that listen i'm gonna focus on the best patterns.

The best afternoon patterns. I'm gonna look for this pattern that repeats and repeats and repeats and is in the ebook if you check out stockstotrade advisory. We'll link that below you get the ebook with it you get webinars you get a monthly report you get a weekly watch list. Then you get the ebook stockstotrade advisory click the link get it anyway flat isn't a bad thing especially as a new trader.

If you focus on the best opportunities you minimize your losses or a lot of days you just go home with no trades and that is a good thing you need to build discipline and you need to build good habits. The best way to do that is focusing on the top five favorite patterns that are in that ebook all right everyone tblt again this pattern just repeats. And it repeats and it repeats. I mean one of the best plays today adxn.

I mean yes it didn't break the high a day at noon. But it broke it at 10 00. Am. I mean look it and it even looked familiar okay right there.

10 02 am anything look familiar to that whiteboard big gap in pre consolidates. At vwap spikes. A high a day on high volume look at this thing goes from a. Buck 60 to 250.

And i'm recording at 11 00. Am. This thing's probably not done you've seen this hopefully you've seen this pattern. It repeats and it repeats and it repeats maybe not every day three days a week four days a week.

There is this pattern and they repeat and it's the number one you should be focusing on as a new trader. All right everyone check out stockstotrade advisory check out the steadytrade team. And we'll see you next time.