 Ka-ching What's up money geeks mr. V here welcome to another video guys so into this video We are going to do a review of our traits are today. I'm just gonna take a look at it AMC was massive, which is Something that I expected or came through Toter over $1,300 today Yeah, definitely a good day the week has been really really kind to us Hopefully these are trained continuous and we continue to make some good profit So that's what I want us to cover into this video But before we get started guys for a new to the channel We took about how to earn money how to save money how to invest and build wealth So there's something that interests you go ahead and hit that subscribe button and a notification bell So you don't miss out on new content. So again, they're really green day for us. I mean We could have made a ton of money if we Did some things outside what we normally do, but I don't like Changing my strategy just because I think I can make some extra money. So I stick to my strategy I take the profit that I I have and I'm happy with it because the minute you start fumbling around with your strategy That is a recipe for disaster and I don't want that my strategy has been working and I didn't want to change that So that's why I just want to put that out there. So let's jump right into the Review here and take a look. So so we traded AMC Today, I didn't treat it pre-market. I wanted to but I just I was up late last night. So Missed my opportunity Close yesterday at 68 open and squeeze all the way to 70 almost 70 78 Before pulling back to 52 and then at open down to 41 if you can see if you can see right there down the way down to 41 and then Squeeze up again to 55 which you give me some profit there and then back down to 37 for a low So in these areas right here, I didn't do any trade I was just watching and and looking at it because I didn't know where the bottom was gonna be Cuz right here look at that squeeze for people that trade Below V-wap. This would have been a good trade, but I don't do that I trade momentum so I like trading in the upside and then from 37 look at again is squeeze all the way up to about 50 so that that would have been a good trait right there to if you if you trade below V-wap And again guys, I don't trade below V-wap. So I never took that trait. This is where things are to get interesting to me From here is squeeze and crosses V-wap and give me some confirmation So I was looking to get in the trade right here. I missed this opportunity So I kept thinking this is gonna bounce gonna pull back and here's why I thought there's gonna be a little pullback Right here where we had this massive squeeze look at stochastic crosses K-line crosses to the upside So that's where you get that squeeze. So look at the volume that came in massive volume Postures all the way up there. Then when you got to the tip right there 57 and some change Stochastic look at right here case curses to the downside. So I'm anticipating a pullback. So that's why I didn't take your trade I didn't want to jump in so I waited for that pullback And then look at right here We're starting to make that reverse to get back to the upside. It didn't really give me confirmation So we finally got in the trade somewhere around here this finer cross here That's where I got into the trade at about 53 54 If I if I remember very well, so Got in the trade and you squeeze all the way up to a high of 68 Which is excellent. So squeeze up to 65. I took some profit and then really No light in my position and then squeeze to a 67 I took some again out and then I just left just a little bit and then Said notice the side of the pullback. That's why at that point I sold everything because a lot of people is like, oh, why don't you just hold it kids? It's gonna it's gonna keep going up. I'm like, no, no, I'm a day trader This is not a string trade account. So when I swing trade I would do it in my string trade account where I could just buy it and let it ride But in this account, I'm day trading. So when I see profit There's no reason whatsoever for me to let that profit go There's always an opportunity in the market. So I was secure that profit And then look for another opportunity to get back in the trade To be if I want to make more money. So that's what I did and you can see here It hit the high of 68 80 And I kept thinking this thing was going to squeeze to 70 before pulling back It never did 68 was a kind of a really tough resistance to break So pullback and you can see here Pullback as to when I was recording this video is sitting at about 55 So it looks like it's probably gonna pull back again and go break v-wap So we would see if it does that and to anticipate that that support around Between 45 and 47 that would be another support And that could be a potential for for a swing trade at that particular point But again guys remember that these stocks are meme stocks So all it takes is for somebody to tweet something that can push this stock down So treat this with caution very very Tight stop loss if you're trading it Um, so that's it for this particular one again You look at the opportunity that was insane Uh, if you if you were trading and you got in here This wasn't a bad place to get in It's just that I turned around for a second and I didn't really catch this because if I had gotten in here Boy, let's look at the volume right here massive volume if I got in here I would have stayed in the trade to the top right here So if you got in here at about 40 about 50 now, they've been excellent, but I missed that so Um, again a lot of you've been asking about your entry and your exit point in the trade So again my entry point. I don't trade below v-waps always trade above v-waps So when it crosses v-wap, uh, my confirmation would be First one in canada to make a new high and then again, um, I'm using that in in collaboration with stochastic And rsi just see in the volume too just to see that My confirmation is for real before I can go in so look at massive volume comes And this is huge pump of volume comes in And then if you look at this your stochastic here case on the upside So there's an upward movement there. So you could have even gotten in here at about 40 Uh, let's say 50 and trade this all the way to 57 or 58. That is a spread of about eight Dollars that's good money. Um, if you did that trade and then get out So again get out here and then you can get back in here again and trade it all the way to 68 So again, there was tremendous amount of opportunity then the next time I traded I took a really quick trade on this one. Um, when he came out of the get GTT So this is it right here. So, um, right out of the gate, um, it didn't really show me any signs for me to trade the stock and then It squeezed up all the way here. I wasn't watching it. So, um, the next thing I know I I see it it shows up on my my scanner. It's like, well, what's going on here? So I just Turning The right here, this is where I got it. If you can see it still cast it again It's crossing to the upside k is crossing to the upside So this I got in here about four. I think it was like 4.1 That I got in and really all the way to buy 4.6 for a little profit there of about 37 38 dollars So that those are the two stocks and if you can see from there, it flushes down and never Really recovered. So we'll see. Hopefully, um, it makes a move after hours, but Um, I'm gonna wait and see that one. So those are the two stocks that really made my day today. Uh, and again guys, um If you are still practicing our advice that you use really smaller quantities buy one or two shares and just make sure that what you're seeing, um, your entry point of your reading is good and then take advantage of Or your stop loss slash take profit if you're learning that way it takes out all the emotions out of the trade So you can if it's if it starts to go south You can easily get out of the trade because a lot of you guys you get in the trade and then Um, it's especially these momentum stocks when it flushes You start crying in case you didn't have a stop boss there to get you out So always cut those losses as early as possible and then find another re entry point As opposed to sitting there and crossing your fingers hoping that it's going to work So that would be my advice to you. Uh, if you're just studying out. So that's it for this video guys again Uh, let me know what you guys think about this. Did you trade AMC? Did you make some money off of this trade? Um, it looks like the momentum is taking a continue So we're going to be back here tomorrow Um, just to see again what AMC has to offer to offer us So if you're new if you want to join us like we have a really good community out here on discord Um, it keeps growing every day. We're getting new members. So we post our watch list there So we had AMC um on that watch list and so we had um some other stocks that people are trading So we had game stuff on there too But we post that and then we have a you know a good community where we just chat and talk about what's going on And I usually post alerts and you know, just give people some stocks I'm watching or stuff that there are stocks that are hitting my gap scanner I usually just put those on there Um, and have people you know get the opportunity to trade so uh, put the link in the description below If you're new to the channel, we talk about how to earn money how to save money how to invest and build wealth If that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content Also, if you are looking to get started with investing guys, webo has their promotion where if you sign up and deposit Uh 100 dollars you get some free stocks links in the description below and as always guys Do your due diligence. Don't be a greedy savage and stay motivated