Thank you so much for the support, I'd like to welcome anyone with any questions to message me as i would love to be a part of your success.
If you have any suggestions for future videos such as Day Trading, Investing, Realestate, Car Sales, Robinhood, or fun daily vlogs. Please let me know.
For those who are interested in Trading Penny Stock or Investing, I encourage you to join my group for free: Techbud Solutions https://www.facebook.com/groups/206449886400926/
Instagram: https://www.instagram.com/rickygutierrezz/
If you have any suggestions for future videos such as Day Trading, Investing, Realestate, Car Sales, Robinhood, or fun daily vlogs. Please let me know.
For those who are interested in Trading Penny Stock or Investing, I encourage you to join my group for free: Techbud Solutions https://www.facebook.com/groups/206449886400926/
Instagram: https://www.instagram.com/rickygutierrezz/
Usually a penny stock you never buy on way down due to pump and dumps
Lower your cost avg price!
How would you build a position then when daytrading> Isn't that the same as averaging down ?
I only add to my winning positions. If my first position goes down I am out and never average down.
I have a question. Maybe future vid m a newbie btw starting to learn Analysis so when the stock is on its way to the moon or in a straight up trend or a squeeze how do you know when to sell is there something within analysis that explains to you the way to sell at the highest point I saw to speak?
How long of an upward or downward trend are you looking for?
thank man u explained that better than any other utuber.
Fortunately, on January 27, 2021. Wall Street, Robinhood, CNBC, and the Hedge Lend Managers showed their really true-color about how they manipulate the market and how they can make you lose more money because they were losing too??? They don't care about retail investors; they only care about how they can eat you up alive. When the economy has a recession, HFMs are looking for help from the Government, but they don't want the government to put any rules and regulations on them. They are still asking for rules and regulations on the Young generation because they know how this corrupt Wallstreet works. They will play the same game until HFMs got burnt themselves.
He talks a lot without saying anything
Thank you
What’s better stop loss or trailing stop loss
This was so helpful to me. Ty
Thanks 🙏
I disagree on your opinion about averaging down. Before purchasing in 3rds and averaging down, technical analysis MUST be done to determine A) that your entry point is at the best value possible, and B) that you capitalize on further discounts within the value zone. Fundamental analysis is a no-brainer: check for offerings, financial health, pending news, etc. Averaging up is a gamble because, not only does it increase your average AND your position, it doesn't protect from sudden reversals. It's basically buying in hopes of a breakout. A trader, IMO, should ALWAYS hunt for discounts, enter positions incrementally, average down (average up IF it makes sense – like an eminent breakout), and sell portions of their position on uptrend price targets. With this strategy, you could literally grow an account consistently with little guess work.
Can you just stop using Penny stocks as your example because even a newbie knows not to average down. This is very effective with large cap and it works
Thank you brahhh
Avg up….this guy is a WSB Mod.
This is the smartest and safest advice on investing/trading that I have seen on YouTube so far.
Great video, and keep up the great work!
Can I bail-out my investment by adding 4-6 times the original position? Is there a formula I can follow? The stock is DGAZ.
Really good at articulating points. Appreciate you bro! Great advice
This might be a really dumb question, but I'm looking for input from anyone that may know. Say you have been averaging up on a particular stock and have 3 different tax lots. You decide to sell your shares with the highest cost lot ID. Does this affect unsold share averages since the highest priced ones are now gone??
Good job. Right On!
If youre buying up and getting closer to the 70 RSI is it even worth averaging up?
Seen your last video please don't get discouraged and give up I'm a newbie I'm almost retired I'm 64 years old I have one more year before I retire trying to do the Stocks because I'm going to need more income so please don't give up we enjoyed your video and hope you have a better day thank you bye-bye
Ricky, so does averaging up affect your sell point? Or is it just a technique to get better gains? Thank you
great video but wut up with that desk bro? ha jk
Have you ever used the "penny stocks" app to scan?
If you are talking penny stocks yes, but for large cap stocks average down.
I like the videos. Just and FYI JDST is a 3X Bearish ETF compared to GDX, JNUG is a 3X Bullish ETF also based on GDX so they run inverse to each other.
Ricky can you show us the chart and how you enter and exit plus how much you buys too.
how do we join the group chat
nice theory, good info
i like the video before I event watch it lol
True on penny stocks, like you said did the avarage down on the f on thus and sold today and made a some $ thanks
Sup Ricky! 1st! 😀