 Boom What's up money gigs mr. V here welcome to another video guys so into this video I want to talk about trading after hours because this is a question that you guys have asked here a lot on the channel I know I did a video About trading pre-market and after hours A long time ago and some of you guys are frustrated in that video because like I didn't really show the examples I just talked about it. So today I want to show you guys with example and then Also give you guys some tricks that I have actually found that as very useful. So Watch the video all the way to the end because I'm going to explain to you guys some of the tricks when it comes to trading after hours In this video, but before we get to the guys if you're new to the channel We talk about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and your notification bell So you don't miss out on new content So if you guys know the one of the reasons why I like the weibo platform is that it gives me the ability to trade pre-market and after hours So again, like in today's video, we're talking about after hours in particular For those of you that don't understand what that means When the market opens central time for me is at 8 30 a.m Usually you can trade from 8 30 to 3 p.m When the market closes and then after that you can still trade But at that point the market is actually closed where you're trading after hours And there's a certain key things that can limit your ability to trade after hours. Number one is the platform So the platform allows you to trade and that's really really good So I love webo because webo allows you to be able to do that. So Again, just a recap here we both um after hours starts from 3 p.m all the way to 7 p.m Central time. So if you're eastern time or pacific time or mountain time Do the math and figure out what that times that time is for you And the same thing for pre-market it starts at 3 a.m central time to 8 30 Central times 8 30 a.m central time. So again, do the math see what works for you So when it comes to trading after hours, uh, for me, the first thing I do is I'm looking at two things. Number one would be Earnings report. Am I trading a particular stock that has their earnings that particular day? So if I know that a stock has their earning and I've done my research and anticipate that the price of the stock is going to go up Then I'm going to put that one on my watch list to trade after hours Because I want to watch them and see what they are doing And if the price is moving then I want to go in and make some profit number two is that some stocks Just kind of you know gap because they have some good news stocks I don't know but because volume moves, um, you know The percentage change move we both would kind of rank those on their their top gainers after hours And then I can go on that list and start reading Picking the stocks looking at the news and see why they're gapping then I can trade those So those are the two main areas where I find stocks that I trade after hours Again, a lot of these stocks are in that area, uh in we both top gainers after hours So you can just go through it filter it and then make your own list and sometimes it they move so fast That you don't have time and then um again for you if you're new to trading after hours guys I'll tell you first just pump the brakes take your time trade very small quantities so buy maybe Five shares or two shares or even one share and trade it and make sure that you understand the process of going in and out Which I'm going to show you guys uh here subsequently so to go in and out of a trade after hours It's not the same like you're going in and out of a trade during regular hours There's a little bit of limitations, which again, we're going to cover and I'm going to show you guys how to overcome that Towards the end of this video. So you need to practice with very Minimal quantity make sure that you understand the risk number one big risk is volume Most often they're not during after hours. There is less volume. So when you go into a trade You get feel you want to get out sometimes you don't get feel out at the price that you want to get filled out because There's really no volume. So you have to be very careful You might go in and get stuck in a position End up coming out lower than where you wanted to come out Because there's really no volume. So you definitely have to keep that At the back of your mind. So again, those are some of the things I get like I said, I'm going to tell you guys The tricks that I'm using but before let's jump in I'm going to show you guys with some examples here So as I said, for instance, there's two stocks that I'm watching. I'm watching wt hr and redu So I'm watching these stocks after hours. Again, if you see This wt Um, our h um squeeze this thing started from like eight um 82 cents and squeeze all the way to a dollar Um A dollar 12 if you can see that right there all the way to a dollar 12 and then pull back now It's still below vwap. Um right here some sort of consolidation The one thing I want you to understand here is that even though we're trading after hours We still stick to our principles. We still stick to our vwap strategy So if you can see right here, so if I were trading this, um again I would still want to go into this when this thing break vwap If you can see it broke vwap right here and then this is where you probably put your No, your entry point. So again after hours, you can only input limit orders. You cannot input Market orders so you can only put limit orders to buy So in this case, if you wanted to go in you would set your limit order and then and then buy so again I'm going to show you guys here real quick. I'm going to do a quick trade here And then just to show you guys. I don't intend to hold this that long. So, uh, let's say we buy I'm just going to buy 50 shares because that's going to be like 50 Right now. Let's see about 50 bucks and some change. Okay. So we do 50 shares and The current price of the stock right now some of this so we can see So the current price of the stock right now is a dollar 0.2 0.02 0.02 So if I want to go in and this is limit order because I want to get filled here real quick So I'm going to put this at 0.01 and then notice that I put time and force is good till cancel Um, if I put day and then it's going to cancel that order once the day is over So I put good till cancel means it can stay here till tomorrow morning. It will still fail me And then most importantly if you're trading after hours, this is the key on the webo platform You definitely, um, you cannot miss this. You definitely have to check extended hours. You set that to yes Because what I've seen is a lot of you guys always complaining like hey mr V I put in my order and it didn't fill me It got to my my price point but never filled me So this is the reason is because you probably placed your order But you didn't put extended hours set to yes if you didn't do that Then it wouldn't fill you so that's why you have that issue So in this case if I want to get filled and then I'll set I set that to yes And then I can place you just simply click place order Um, in this case, I want to buy. Sorry guys. Let's kick by that place my order And you can see there my order is in so key things here Just so you are aware of when it comes to um after hours trading you cannot use stop loss and take profit This only works during regular, uh, market hours. So from from 8 30 a.m to 3 p.m You can use stop loss like steak profit in um in weeble. So after hours, you cannot use that So basically what I do is Once my position gets filled to in this case. It's looking right now I'm not even getting filled even though it looks like the price is sitting at my current limit price That's why I said volume. It's a huge thing. So I'm right. I'm sitting right there and I'm not getting filled so as you can see so This is something that we have to be very careful about So until we get filled and I'm going to show you guys What you have to do so because I don't have the ability to do stop loss like steak profit Once I get filled I'm going to turn around very quick and place a sell order. So, um, which is thinking get us filled So we can keep up moving here. Let me see. I'm going to move this up a little bit so we can get filled Hopefully, okay, there we go. So we got fill right now at 1.02 so that's the fill price that we got in so what I'm going to do right now is I'm going to turn around real quick I'm going to pick my ticket price. Let's say I want this thing to get all the way to 1.13 So I'm going to go to 1.13. I'm going to create a new order sell an quantity that I ordered there was 50 So I'm going to set 50 and then I'm going to put my price 1.13, which is good Then notice that I say time And force is good till canceled so that even if I forget this thing goes to tomorrow I did it can still sell. So that's why I like it I don't like doing the day because if I put day at the end of the After hours, which is 7 p.m. My time this order is going to be canceled So if I happen to slip in in the morning and I don't get up early to place My sell order then I prior going to miss an opportunity to sell So always do go till cancel and then obviously extended hours set to yes We want to set that once this is set looks good the price that we run looks good then At this point you can we can put sell. So let's say if I just anticipate that this thing can get to 1 1 5. Yeah, so a dollar 50 then I'll just place that order right there and then I would Just go ahead and say sell Right now see my other city right there and I'm just going to sit and wait. Um, so in this case, let's say it gets to um a dollar 07 and I'm thinking maybe this thing is it's really looking like weak. It's not going to make it all the way to 1 5 then you can drag your order This our sell order up and down So so you can catch that that you can catch that anywhere you want to so I can just move this and put it Right there and it can come up there and kind of execute and get get me out of that trade So that is something that you can easily do again You can move this back and forth just because you don't have the You don't have the ability to put a stop loss like stick profit because that only happens during Um, regular market hours So in this case you have to be flexible make sure that you can move this back and forth fast enough To sell and get out of your position. So again, um, this is the way I approach it This is the way I do after hours and make sure that I'm watching my my trade closely One important thing that I want you guys to be aware of and this is the The trick that I said I was going to teach you guys um towards the end of the video most importantly is that um Since volume is low if you have a large position size, let's say I bought 1000 shares of WTRH um once it comes to selling Because there's less volume if you put 1000 That is not going to get filled as fast as somebody that's selling juice 100 so you see 100 would get filled faster than 1000 So what do I do? I break up my sell order into multiple sell order. So in this case right here, I have sell 50, right? So what I'll simply do is I'm not going to cancel them. I'm just going to go here do modify Um, and then change the quantity here to let's say 15 And then I'm going to place that order. So at that point it would sell 15 Then I can put another order. Let's say right here to sell another 15 in this case now we're sitting at 30 Um at a price of 1.2 Everything looks good. And then I say sell another 15 right there. So I have two sell orders right there And then my last sell order I can say oh if this thing ever get got up to uh, say 1.16 So yeah 1.16. I'll say sell the remaining 20 Of my shares at that point and and then I'm out of the trade so I place that so you can see that I would have three sell orders line up in this case and I can easily Move each one of them up and down to secure to secure profit in this case The execution has to be very fast if you're starting to see like hey, this thing is moving Against me and you can start trimming down your position too because all you have to do is Pull this down. Let's say right here at 1.2 Which was my entry price and then if it feels that and they would see and I would I'll be down to just The remaining 45 35 shares. So right now. I'm sitting there waiting for this to be filled and again Like I said since it's after hours volume is not really there So chances are you're not going to get feel exactly when you expect because if this was Regular hours this thing would have been filled already. But because this is after hours We don't have a ton of volume So you end up seeing that it takes quite a bit of time for your orders to be filled So you have to be aware of that before you dive into trading After hours because it's very very important That you were able to get out of a trade when you want to so you can see here I was sitting here at 1.02 didn't get feel and the prices already dropped to 1.01 So again, you definitely have to be aware that this thing can easily go The wrong way. So if I want this to feel quick, like if I move it down here See that's feel because hey people that have at the bit price of the stock A lot of people probably going after that bit and then getting feel so Again, that's what I wanted to cover here In this video guys just a quick recap here trading after hours On the webo platform. It's a very risky thing to do Trading after hours is not as smooth as trading during regular hours So key things I want you to be aware of Number one is that you need to find stocks that have volume on number two Way to find those stocks would give the webo top gainers after hours It's a good place to go as well as earnings I'm stuck. So companies that are doing their earnings that particular day That would be a great place to go to trade after hours. So find the stocks once you find them You have to use limit orders and again on the webo platform Your week the limit orders you have to set extended hours to yes for that order to be executed If you don't set it to yes, if you set it to no in that order, it's not going to execute It's going to execute the next day when the market opens At 8 30, which is not what you would want. So make sure you have that and then Again the trick of the trick that I wanted to teach you guys here is that once you have a large position Let's say I bought a thousand shares of this particular stock Instead of me selling a thousand at once, which there's a high possibility that I might my order would not get filled What I'm going to do is I'll break him up into Chunks maybe chunks of 200 a piece and then that way When I put my orders, they get executed faster and I can go in and out Of that trade. So that is something that I want to make sure that you guys are aware of So in this case, I'm I'm just going to pull this down And get out of get out of trade again this I was just using this for for the demo. So Get out. So right there. We're down to Just the remaining 20. So I'm going to pull this right here Sell that and there we go and we're out of that trade And it's just that simple. So definitely Something that you would want to consider today. There you go guys When it comes to trading after hours on the wheel platform, again, it's an easy way for you to make profit If the stock is moving If it's a stock that has their earnings and their earnings actually came out really good, you can see Movements up to 50 60 up to 100 percent. I've seen 200 percent after hours movement So that is something that if you got in when it started popping and it gaps 200 percent You're probably going to make a lot of money if you got in with a good amount of share size But again, the flip side is once you're in it's so hard to get out and most people One other thing, oh, this is it just got to me and I didn't think I mentioned this already One other thing I want you to be aware of is do not set your sell Prize at I was just gonna say like the standard price to say sell at three dollars or sell at four dollars Always sell at say three ninety nine Four ninety nine that way the people waiting at four They would be the ones that probably not gonna get filled So you get filled on your way to four because once it hits four it might stop pulling back But at that point three ninety nine, it's just one cent. So you're not losing losing a ton of money But you are guaranteed to at least get filled. So always use those fractions in between It's a little secret that I actually learned to over the year. So again, let me know in the comment section What you guys think when it comes to trading after hours, I think it's cool If you know what you're doing at the same time it comes with some race or do it at your own risk Let me know what you think questions Comments anything that you think I miss or you think you want to add drop them in the comment section And as always guys, do your due diligence. Don't be a greedy savage. Stay motivated