Hey traders, it’s Matt here.
Monday is Labor Day.
That means the market is closed.
And that means we’ve got a shortened week of volatility ahead of us.
During short trading weeks, it’s common to see bigger stock moves because people are trying to squeeze the same amount of cash out of fewer trading days. It creates a more frenzied environment.
And for small-account traders, the increased volatility means that we have more opportunity to profit.
The patterns that we use are the same … But the stocks have the potential to spike higher.
Bryce and I use the same trading patterns over and over again.
Stocks like to follow these patterns because people are predictable during times of high stress. Like when they’re trading a stock that’s up +100% on the day.
And during a short week, the stressful trading emotions are even more acute.
There WILL be opportunities to profit in the next few days.
I can help show you how to capitalize:
Specific Trade Patterns
It’s important that we don’t trade until we see a perfect setup.
A lot of people think that successful trading is about making money …
But the most important aspect of trading is actually not losing money.
Traders who focus on poor setups risk giving away cash for free. And it doesn’t matter how much money you make if you end up giving it all away.
These 5 “Silent” Stocks Will Piggyback Tesla’s Meteoric Rise
I hear many “experts” telling people to sell their Tesla stock while it’s up 41% since the beginning of 2023.
But I’m not leaving. In fact, I’m doubling down. Not just on Tesla…
But on 5 “silent partner” stocks set to piggyback on Tesla’s moonshot.
Most people didn’t expect Tesla’s 41% spike, but just wait until you see what happens next.
That’s why traders need to learn these patterns.
If you don’t recognize the price action, don’t trade.
For new traders, there’s a learning curve before they can truly recognize these setups in the market.
See, every stock spike is a little different, like a snowflake. The more stocks that a trader sees, the more experience they gain recognizing these plays. But in the beginning it can be frustrating.
It was for Bryce and me …Â
But we started before traders had access to an AI stock tracker.
XGPT is an AI bot that follows the same framework that Bryce and I use to trade. And it even alerts traders when it finds a solid setup.
From last week, on Thursday, we got a trade alert for JLens 500 Jewish Advocacy U.S. Index (AMEX: TOVX). And the next morning, on Friday, prices spiked higher.
Take a look at the chart below of TOVX. Every candle represents one minute:
TOVX chart multi-day, 1-minute candles Source: StocksToTrade
Get the next XGPT trade alert!
New traders are at risk of trading the wrong plays and the wrong stocks. XGPT can guide you in the right direction.
Cheers,
Matt Monaco
*Past performance does not indicate future results