So is amc stock, a good stock to buy right now? What's going on team, it's ricky with techweb solutions. I hope that you learned something new in this video and it's a topic that's been asked and highly requested. So again, please make sure you smash that, like button and of course, consider subscribing. I know that i have a lot of beginner investors and a lot of beginner traders anytime, that i talk about trading.

It rubs investors the wrong way any time time that i talk about, you know investing it rubs somewhat day, traders the wrong way with. That being said, you need to understand that everyone has different goals. Your goals don't have to align with someone else's goal. Everyone is also tolerates risk in a different way, so please understand that i'm going to share three things with you.

This is my opinion and again feel free to share yours in the comments section. If anyone ever not just with amc stock ever tries to convince you that you should invest in a specific company for, for whatever reason, amc and gme, they try to say because it's for the movement or the squeeze is about to happen. The shorts have to cover fine, what whatever it is that they say to try to convince you first off that should be a huge red fly. You should never have to be convinced.

You can see any video where i've ever taken a loss and or where i ever came out on top and made a made profit with. That being said, i will never ever encourage other people to follow in my footsteps. I don't need to. I don't need you to copy my trades for me to experience success, so the question that you should ask yourself is as soon as they begin to ask you and tell you you should invest you should hold.

You should then begin to question. Why ask them ask them? One simple question show me a video of exactly how much you're up or down right now in your position size. I can promise you 90 percent of them will not show you anything. They won't want to why! Well, if you look at amc for the past year, it peaked at 72 and, being honest, i mean that's where most of the volume is and that's probably where most of them are still bag holding from so it's not that they want amc to skyrocket or that They want gme to skyrocket, it's that they need to.

They need other people to jump and hold in hopes that the market does begin to recover. So it's up to you right. Do you want to put your money at risk for other people? If that's something that you're okay with doing again, it's your hard-earned money, you want you're an adult, decide to do what you want with it. So as an investment, does it make sense to buy and hold heck? No, it's so clear! Look at it! For the past year, if if this were to be an investment opportunity that were to be presented to you, is this something that you would want to take advantage of? No, it's not rocket science.

It's it's very easy to see that direction is not in your favor, and these short-lived rallies are something that don't last so locking in profits or selling early should never be a bad thing when trading riskier stocks. But what about day traders? What, if amc's at twenty dollars a day, what, if it's at a hundred dollars tomorrow, what about day traders right? Does it make sense? Today, trade amc, two factors that i like to pay attention to direction and momentum? Is it still increasing with the same momentum that it was before if it is, then? Yes, in my opinion, it does make sense to day trade. It makes sense that, as long as the direction is in your favor one hundred there's opportunity to be made, i don't need my investor viewers to agree with that. It's simple price action.

I don't care about the indicators. I don't care about how overbought something is when it's based off of momentum and price action. That's all that matters is the direction in my favor and if so, are we still experiencing that same momentum, but once we begin to peak and or once we begin to experience that resistance, then that is your job to lock in profits. You better be good at locking in profits, and you better be even better at managing risk.

It's that simple. This is a very high risk. High reward type of stock we've seen it time and time again so again, a very simple message for all of you that are asking that question. It's all about asking yourself: what is your intention? Is your intention? Are you, okay, with the day trading amc? Are you? Okay, with locking in profits are you, okay, with cutting losses? If things go south things that you will have to ask yourself, it's not the difficult questions that you want to avoid, especially when entering a riskier trade.

As you can see, even in just the past couple of minutes, it has gapped up to 10. On the day, there is no question that there is money to be made on these momentum plays, but there is also no question that this is not something that you want to get caught bag holding it's very easy for them to speak right now, as the stock Is bullish, but it's when the stock sells off that there's complete silence, ask anytime anytime, anyone ever tells you hey, you should buy and hold this tell them to show you their position, not just the picture. Not just the previous screenshot right now show me a screenshot. A video of what you're up or down right now, and why do you want me to hold it so much 90 promise you will not do it because they're down on their position, it's that simple! So ask yourself: you're here to trade for yourself, most likely right! You're not here to make money for other people you're here to make money for yourself.

So do just that if you see an opportunity, it's your job to take advantage of it. If you can tolerate the risk that it comes at and that's it if you think that amc is too risky, we have a bunch of our learn plan, profit numbers that will never touch amc stock, because the risk tolerance that it requires is too much and that's. Okay, right, just like other people, think that investing in tesla is too slow, but in the past you know a couple of days. Tesla has gapped up 38 to each throw there's so many different ways on how to make money in this market just find.

Yours just make sure you do it with a proper plan, not with someone else's opinion down your throat. I think that's a great way to approach it, so i really do appreciate you guys time again. This video is simply looking out for beginner traders. I don't want our beginner traders influenced by people that are already down in the position and bringing other people down right.

Look out for yourself have your best interest in mind, and i hope that you can see that this video - that's all it really is, wishing you guys nothing, but the best continue working hard continue following dreams. Let your passion be with it, drives your success and again make sure that you guys subscribe to the channel smash that like button and if you guys want to be able to watch me. Trade live as soon as tomorrow. Click that second link down below and i'll see you at market open.

If you guys want to join my free discord group again, that's that first link in the description we have thousands of members all over the world and we'd love to stay connected. Like always, let's make sure that we end the year on a great note: take it easy team.