Howdy traders, it’s Bryce here.
Friends, family, countrymen …
Yesterday we saw a massive spike from Ambrx Biopharma Inc. (NYSE: AMAM). Over +70% and that was after multiple weeks of run-up.
Here’s a chart …
The opportunities right now are insane.
I know the media paints a different picture. That’s because they’re covering the broader market.
In our niche, there are weekly spikers no matter what.
And right now, there’s quite a bit of volatility to take advantage of.
The key is recognizing the hottest stocks while the opportunity is still available.
I’ll show you how …
Bohen’s been referencing a pattern recently called the 3-day surge.
Basically, the stock spikes up, consolidates sideways, and then spikes again.
The best way to trade these stocks is to find the first spike and wait for the consolidation.
How to find 3x, 5x, and 10x price explosions before they happen
Don’t let greed push you into the spike early. There are two reasons why …
- If the trade fails your risk level will be awful and you’ll take a huge loss.
- If the trade is a success you might get spooked out by the middle volatility and sell even though it was going to be a good trade.
Trading is highly psychological. That’s why the best traders are so disciplined.
We don’t sit around and think, “maybe it’ll go higher.”
We take the profit (or cut the loss) and move on to the next trade.
Here’s the 3-day surge pattern we’ve been seeing in the markets …
And there’s something else you should be aware of …
Every week, there’s a team of traders that hold live trading webinars and study sessions.
One of them is my college roommate Matt Monaco. He’s managed +$1.9 million in trading profits.
One of the best ways to excel in this industry is by watching real traders trade live.
They walk you through the thought process and the setup. And there are opportunities to ask questions.
Don’t miss out on this opportunity.
I’ll see you in the next letter.