Howdy traders, it’s Bryce here.
Well folks … the markets have cooled off a bit.
And that means there will be fewer plays in the market.
Don’t get discouraged.
This is when most traders think, “Aw damn! I just missed the hot market and now everything sucks”.
That’s not how you should be looking at this.
There are still massive opportunities in the market. I cover the most recent in today’s letter.
A slow market just means there are fewer spikers. And for new traders, that’s actually a good thing.
When the market’s hot and there are a ton of plays, it’s really easy to get sidetracked and stuck between a bunch of different trades. And that can get dangerous.
Take advantage of the slower market to hone your craft.
Here’s how …
The Best Plays
They stand out like a sore thumb.
In hot markets, everything runs. It doesn’t matter if the stock even fits a pattern.
The worst gamblers could make money.
But in slow markets, everyone that made money gambling starts to lose left and right. They don’t have any pattern experience. Any risk discipline. They can’t recognize obvious signs a stock is going lower.
How This 24-Year-Old Went From Broke to $1.4 Million…
Now is the perfect time to learn about these opportunities to gain consistency.
For example … Lucira Health Inc. (NASDAQ: LHDX) spiked +900% in three days.
And it followed the 3-day surge pattern beautifully.
Bohen explains it really well …
Here’s a chart of the spike …
LHDX chart 5-minute candles Source: StocksToTrade
Of course, right now I’m sure you’re thinking … “I got the pattern, I got a great example to work off of, how do I find more tickers like this?”
I enjoy your enthusiasm!
It all comes down to hot catalysts.
For $LHDX, it got a COVID/Flu at-home test approved by the FDA. The first of its kind.
There are tickers spiking with news like this every week.
And it all comes funneled through the StocksToTrade Breaking News service.
The scanner alerts hot news right when it comes out.
The best part, I feel like a real Wall Street king when I use it.
You know, Wall Street has had access for decades to news before it was publicly available. Maybe just by a few minutes … but those few minutes make a lot of difference.
And now there are tools like that available for traders like me.
I encourage you to check it out.
And I’ll see you in the next letter.