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The mainstream approach to holiday trading is a bit different than our approach as day traders. If you’re looking to grow a small account consistently, single percentages just won’t cut it. Penny stocks offer the moves you want to focus on. Tune in as Tim Bohen breaks down the holiday trading approach, plus what to focus on, key days to hone in on the markets, and so much more.
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All right, welcome back everyone! First of all, welcome to the Green Wave Day two of the Green Wave So I did a previous video talking about how insane I think it's gonna be this winter going into 2023.. basically that video you can go back and watch. it was really just talking about. We had to get through the anxiety of the election. okay and day after the election was pretty slow. but I think everybody you included I'm feeling you stayed up too late watching those election results. Maybe you know imbibing a little bit. but anyway, the day after election, nothing going on I swear like everybody slept in hung over whatever. Day two uh Thursday whoo 1200 points up on the Dow Here we are breaking out to new highs on the S P the great Green Wave is here. Okay that being said, today's video is about a lot of the stuff I like to do of of breaking down the dis the distinction between quote unquote the mainstream approach to trading which never works and if it does work makes you about one or two percent like like the way if you if you learn to trade like I did 20 years ago before I found penny stocks like a good year would like keep Pace with like a savings or a CD or a money market account. you'd probably lose money after. uh after inflation which is what they want. That's what the man wants. The man doesn't want you getting ahead. do you think he does? You think they want you getting ahead, They think you think you want make thousands, hundreds of thousands. Maybe if you're really, really excellent at this millions of dollars at trading. No, they don't want that. They want it all from themselves. Anyway, you watch the mainstream media they tell you. Black Friday Christmas You know, buy the retailers okay and I mean I get it. So what we're talking about is Black Friday and holiday trading particularly Thanksgiving week and the week between Christmas and New Year's two incredible weeks for day trading. But I want to go back to that mainstream approach. You know they'll tell you buy the retailers because all retailers go up into Black Friday blah blah blah and it's true. Okay, I mean in the past I mean Macy's is basically the only one left. but if you look historically, Macy's would Trend up into Black Friday would Trend up into the end of the year JCPenney before they went bankrupt and got delisted Sears before they got bankrupt and delisted right like Montgomery Ward I think they got you know they they went out of business Kmart Okay, but before all of these old retailers, Macy's is kind of Last Man Standing they would Trend up into the end of the year. but at the end of the day if you're talking single digit percent. Okay, so again, the mainstream media will be like oh yeah, you know, trade them, make money. Yeah, Okay, great. I'm up two percent in two months. Awesome. That's really gonna change my life. And the other thing is like, you know again, Macy's I mean you look last year I mean it trended up into the end of the year dumped and they were probably Trend up again this year. I mean here we are. it's actually getting ready. Uh, you know, multi-month breakout I mean basically getting ready to break out over uh June's eyes and probably Trends into the end of the year. but probably I gotta go anywhere I mean and you're talking at best single digit percent and you're not gonna catch the kind of moves that we see in penny stocks every single day. Okay I mean you got low floaters moving a hundred percent 200 percent Etc So let's talk about Compass was up, you know, earlier today was up 70 currently consolidating the view app mttr a metaverse earning winner. you know, just grinding higher, grinding higher up 30 percent. probably gaps on Monday So that being said, as much as much it sounds like I'm poo pooing holiday trading. Let me explain you the real way to Holiday trade and the right way. Okay, listen, be ready. Okay, like Thanksgiving week especially Wednesday and Friday remember Friday after Thanksgiving is a shortened day, markets close at 1 pm. Um, just remember that now. But Wednesday and Friday a lot of people home Gamers if you want to call them whatever people are off from work uh people, you know, young people home from college kind of sitting around. You don't really have a lot going on. Hey, let's make some money. Same with between Christmas and New Year's I mean a lot of you I I Don't know, you know, but I'm guessing a lot of you uh uh, aren't working that week? or maybe working Limited hours. You know, maybe you're working checking in here and there, working from home. Etc So what's awesome about those times is two great times to really make some money. Now you got to have your skills. I mean this video is going to come out probably a week or two before Thanksgiving That makes it coming out six weeks before Christmas week. Okay, learn the skills. Follow the archive focus on low float stocks with Catalyst hot sectors, chat pumps Twitter pumps all those things I Talk about every single day on pre-market prep. Ignore the big stocks I Mean listen again. You're gonna hear people talk about Macy's they'll lose their mind if it's up one and a half percent on the day. Okay Apple again I Love that Buy Apple Hold it forever, people will Ramble On Ramble On no old iPhones iMacs and Apple will be up two percent as much as I Love Apple as a long-term hold day. trading it good luck. Okay, good luck making 200 a year if you got a small account holding. you know Apple at 150 bucks a share you can trade options, but that's kind of risky. So buy Apple if you like the company but don't day trade it. Okay, hold it forever. Sell it, you know. Take the Warren Buffett approach. When it comes to day trading, we want to focus on the most volatile stocks again. Pump stocks. I Mean we have stuff uh Vs. Today was a Uh Vancouver British Columbia BS pump and dump but low float stock ran like 50, pulled back hard. You can trade it both ways. These stocks take multi multi-day moves. Even so, focus on the dip and rips. The afternoon view app holds the week open red greens, the bounces off of V-waps the Rcts the red candle theories that I Talk about all These patterns are number one in my ebook Okay and number two. We go over them every single day on pre-market prep. Click that link below to Stocks Trade Advisory: When you join Stocks Trade Advisory, you get pre-market prep live every day 8 30 breaking down the stocks of the day. I Mean this video is. You know this is a video that's gonna stay on. YouTube Okay, I Can't talk about the stock du jour because you might be watching this video a month or two months from now. These videos are more the big picture idea. more Concepts More ways to build on top of a foundation. What's great about pre-market prep? Every single day we go over the plans on the best stocks of the day Where to enter, Where an exit? Where to stop out The thesis: The Why? Okay, why is this the best stock of the day? We break it all down. Whether you trade them or not, you can learn a ton. Also, all those patterns. Those six parameters I Rambled off really quick. They're all in the top 10 trading patterns you need to know. which is my ebook which is also included with Stocks To Trade Advisory. All right my friends. Sharpen those skills. Get ready! Wednesday Thursday Before and after Thanksgiving Always busy days. Remember the market does close early on Friday on Thanksgiving and then that week between Christmas and uh New Year's great time to make some money. All right, check out the link to Stocks Trade Advisory and I'll see you tomorrow morning 8 30 Eastern Assuming it's Monday through Friday I Don't do it on Saturday and Sunday it's not link soon.

By Stock Chat

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2 thoughts on “The best way to holiday trade black friday and other holidays”
  1. Avataaar/Circle Created with python_avatars Yanina Pineda says:

    πŸ’―πŸ’―πŸ’―πŸ™πŸ™πŸ™

  2. Avataaar/Circle Created with python_avatars Sam Pareti says:

    Let's goooo

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