0:05 what's up guys Tim doctor
0:07 so today we're going to cover two topics
0:09 first will be what's the most efficient
0:11 way to get into date earnings and second
0:13 we're going to go over the weekly recap
0:16 what you have wrought acres recently so
0:18 I'm going to go over them one by one and
0:19 it's going to be very interesting
0:21 because the markets been fairly stable
0:23 compared to the last mount first of all
0:25 what's the most efficient with giving
0:28 day trading so first of all we divide
0:31 them into three sectors first will be
0:33 pattern analysis second will be by
0:35 analysis third will be indicating
0:37 answers now all those theories are kind
0:40 of related because they kind of included
0:43 each other so I'm going to list you know
0:45 how they are different pattern is
0:47 combined by criterias there's a criteria
0:50 1 or tier 2 and tier 3 for example so if
0:53 you are doing obviously a gap down or
0:55 potential first right they sure and you
0:58 are looking for market cap between they
1:01 say 10 to 100 million volume is around
1:04 20 million to 40 million the flow is
1:07 between about 3 to 5 million so you are
1:09 looking for all these specific criteria
1:12 for specific patterns once it fits the
1:13 criteria then you're looking at your
1:15 statistic sheets you should know what's
1:17 the winning percentage of this pattern
1:19 now second what I'm talk about will be
1:22 volume analysis this one is kind of
1:24 everywhere and I'm going to give
1:27 examples later on but it includes
1:29 gaining equalities and losing equalities
1:31 for example let's say we are trading on
1:33 the first green day and we have a
1:36 morning spike now more respect typically
1:39 counts as a guarantee quality so if the
1:40 stock continued to spike and starts
1:43 consolidation and there's no resistance
1:45 whatsoever people are very interesting
1:47 to this stock because if the stock is
1:48 already over a hundred percent and
1:51 people were saying oh you maybe go 200
1:53 percent during a percentage so in
1:55 between that time it will attract more
1:58 volume compared to normal so once you're
2:00 doing your long prediction for the
2:02 entire day if the stock is doing morning
2:05 spike consolidations you will trade more
2:08 bonds than normal now second when you
2:09 are looking at the same
2:13 panic and the stock just dropped 50% in
2:15 two seconds and that would definitely
2:18 you know people will lose interest about
2:20 their stock because will consistently
2:22 reduce volumes throughout the entire day
2:24 now that's gained equally and losing
2:26 equality so the last thing that it's
2:29 kind of related will be volume ratio
2:30 compared to individual resistance I'm
2:32 not going to dive too deep about that it
2:35 takes way too long to explain but volume
2:37 Narcis is very important to compare to
2:40 the factors and pattern definitely state
2:43 as a priority so when you're keen of
2:45 analysis and patterns patterns always be
2:47 volume analysis and the last one I'll
2:49 talk about will be factors I think it's
2:51 definitely the wrong way to approach
2:54 into the stock market when you are
2:56 learning double top double bottom and
2:58 these type of factors doesn't really
3:01 produce good winning percentage let me
3:03 give you an example so if there is a
3:05 massive support at three all right it's
3:08 unbreakable support we have a certainly
3:11 a double top by three point one all of a
3:14 sudden we can start dips to three you
3:16 would definitely reverse so there's no
3:19 reward for you maybe potentially ten
3:22 cents but stock definitely have much
3:24 bigger upside compare to the short side
3:26 so in this case people who are more
3:28 experienced with the stock market will
3:31 take advantage of that people that don't
3:33 really know how support and resistance
3:35 work how long notices and pattern works
3:39 and that's how they take losses so when
3:40 you are looking at factors they
3:42 definitely help but always pay attention
3:45 to the previous two priority will be
3:48 pattern drawing analysis and that's my
3:49 recommendations for you guys as a
3:52 beginner if you wanna learn and proach
3:55 into this market always find a one or
3:57 two repeatable patterns and how to
3:58 really find patterns already the video
4:00 before and that will be all suggestions
4:01 for beginner trying to get into the
4:04 market and let's get into weekly caps as
4:08 I said markets getting stable now so we
4:10 have d similar tickers and decent amount
4:12 of patterns and the pattern has gone
4:14 back to normal and it's very profitable
4:18 I have profit about close to maybe
4:21 30,000 to 40,000 this week it's going to
4:22 these ticker
4:24 and talk about how they're really spot
4:26 patterns and how do I really look at
4:27 which ticker is credible which ticker is
4:30 not it's getting to this two weeks recap
4:32 we have four takers that I selected
4:34 maybe I'm missing something but it's
4:36 getting to some of the tickers that I
4:40 wanted to talk about so wll this ticker
4:42 as a priority when we're looking at a
4:44 chart we look at the histories overall
4:46 we traded about 10 million shares or
4:48 more averaged about five minutes per day
4:51 and it's a consistently down trend chart
4:53 and we are looking at are consistent
4:55 uncertain chart with a major first
4:57 screen date it 60 percent of the time
4:59 you'll always have a second green day so
5:02 we were saying I take her perform the
5:04 first screen date actually the more
5:09 volume compared to in average and there
5:10 is about sixty percent of time the stock
5:14 will gap up and of course it gapped up
5:16 almost doubled and created a mass amount
5:20 of volume close to 300 million on that
5:22 one day now we are seeing a massive
5:24 amount of volume is what definitely not
5:27 normal because when we're looking at
5:29 general market the average voluntary
5:32 it's about 20 million to 40 million the
5:34 average so 300 million is definitely
5:37 overwhelming and of course the price is
5:39 a little bit lower compared to what we
5:41 trade in normal the price range we trade
5:45 is around three to ten dollars per share
5:48 around first green day now if it's a
5:50 multi-day runners it will be completely
5:51 different story
5:56 so um wll I consolidated close to three
5:58 hours and at the market close in the
6:00 next day it gapped down so he performed
6:02 the overstaying gap down definitely
6:04 trade much less volume compared to the
6:07 300 meeting day so when you're looking
6:08 at is two days trying to compare with
6:12 each other because the breakouts needs
6:14 consistent equities and potentially more
6:17 liquidity and the reason why I talk
6:19 about equality means the stock next day
6:21 needs to get more volume to break the
6:23 previous day high so we are looking at
6:26 wll 90 million difference not going to
6:30 break 300 million and in this case the
6:33 stock definite favors short now when it
6:35 favors sure you have to look at
6:39 and the flow and the resistance now as
6:43 we see the resistance is around 1.8 when
6:45 we're trading on NASDAQ stocks or my I
6:48 see Nasdaq does have a requirement that
6:51 the stock cannot go below 1 and if it
6:53 goes below wine doesn't really meet and
6:54 has that requirement so a lot of
6:56 companies tends to higher market makers
6:59 and potentially manipulative stock go
7:02 above 1 which is very normal in this
7:03 type of situation
7:06 so for wll you can automatically assume
7:09 the support is going to be out 1 and
7:10 where you want to show there will be
7:14 probably under 180 in this case and we
7:16 are shooting around let's say 140 and
7:18 your maximum reward will be 1 that's
7:21 only about 40 cents reward for me it's
7:23 definitely not worth it because when you
7:25 are trying to borrow shares to show this
7:28 type of stock as very cheap stocks so
7:32 you need more shares and that will give
7:35 you more Commission's as a cost and also
7:38 it will be more risk lower priced are
7:40 typically have much bigger risk the load
7:43 the prices the more risk you are having
7:46 and it's not very good risk reward and
7:49 also I'm trying to short with a large
7:51 amount of risk that's why I didn't
7:53 really short wll right people are asking
7:55 me about it and potentially you can
7:58 faith more and back to maybe 70 cents to
8:01 50 cents on long run but for me
8:04 definitely not my pattern and it's a
8:06 potential short so what's a try but
8:09 let's look at WRX now this one will be
8:13 one of the special ticker that we have
8:16 during the coronavirus hype stock went
8:19 from almost from 2 to 15 now 2 to 15 is
8:22 generally kind of normal when we're in
8:24 this type of market but the volume is
8:26 definitely not normal because in that
8:29 specific day we traded almost a hundred
8:32 million Mali on that day 100 million
8:34 long as I said it's around the maximum
8:38 volume that we typically have for these
8:40 type of low priced stocks so when you
8:42 are trying to aim for either over stink
8:44 gap down or potential back shore you
8:46 will be deafening good for long-term
8:47 hold as a
8:51 in my room and WRX I will hold on to its
8:53 around four or two and this one got
8:56 qualitative so probably when it reopens
9:00 its going to open around maybe even
9:03 under two or one because there tend to
9:05 do a massive offering and that's what
9:08 WRX and if you swing dit congrats and
9:12 swing positions typically involves about
9:14 two to three month hold and in this case
9:16 if you're sure that using obscene gap
9:18 down and adding the potential bounces
9:20 your average supposed to be around maybe
9:23 nine to ten and if you cover around two
9:26 dollars and that'll be over 80% profits
9:29 of your original investment so I will
9:31 say WRX are one of the signature
9:34 patterns for you to really learn from if
9:36 you're going to do part time traders so
9:37 the next one I'll talk about will be say
9:41 PAH and this ticker does have some type
9:43 of resistance now resistance it's not
9:46 that clear because when we're looking at
9:49 fresh resistance or clean resistance it
9:52 needs to be volume only packed in one
9:56 day not slow grind or potential breakout
9:58 through the resistance without any
10:00 volume so when I'm looking at in the
10:02 middle right here these type of in a
10:04 potential break out and on the figure
10:06 out kind of mess with the resistance a
10:08 little bit because it treated pretty
10:10 much no volume and thus I can break this
10:14 resistance in about five days so when
10:16 you're surely in say PAH this one I
10:18 didn't size the name the way I wanted
10:21 because as I said the resistance are a
10:24 little bit strange looking at overall
10:26 chart so this is the ticker that I
10:29 shorted average is around 3.8 and I
10:32 think it covered around 280 H so I
10:34 covered have around three covered have
10:36 around 270 Laster I won't talk about
10:39 will be Co DX now co DX is a very normal
10:42 chart that I talked about a thousand
10:45 times these type which are are favored
10:47 into swing positions that means when you
10:49 are trying to treat as an intraday
10:51 pattern it doesn't really work that well
10:53 because when star takes multiple days to
10:56 go up the speed of coming down equals
10:58 the speed of going up now let me give
10:59 you a
11:02 see example for motive owners compared
11:05 to fast countdowns and fast go up so I
11:09 know as you as you see I know I don't
11:12 know as you see the stop starts to speed
11:15 up day by day and treating more volume
11:17 compared to the previous day the second
11:20 round actually took much longer compared
11:22 to the first time first time went from
11:26 $4 to $20 in about one two three four
11:28 five days the fifth days actually
11:30 dropping so one two three four days and
11:34 I don't know starting from 8 to 15 so
11:37 overall only a hundred percent it took 1
11:41 2 3 4 5 6 days when compared to the
11:46 speed of going up for 220 that's about
11:50 500% 8 to 15 that's only about 100
11:53 percent i took longer to get up there so
11:56 for i know to come down you will take
12:00 probably four days or five days to go
12:03 back to maybe ten since there's a large
12:05 amount of support around nine and that's
12:08 why i'm always not ideal short so
12:10 hopefully not answered all your
12:13 questions on i know and see what the
12:14 eggs because i do see a lot of questions
12:17 that what the stocks going into
12:19 potential resistance what do i do again
12:21 about that is they intruded pattern or a
12:24 swing pattern so as I said it's a swing
12:26 pattern if you want to swing and you
12:28 will be worth your time but personally I
12:30 like to catch intraday patterns they do
12:33 have better risk reward and higher money
12:35 percentages so these type of swing
12:38 patterns they are slow I don't like slow
12:40 stocks so that's just my personal
12:42 opinion and that will be the end of the
12:44 video hopefully you guys liked it please
12:46 smash the like button and if you guys
12:48 have any questions please leave a
12:50 comment below I will answer it as soon
12:51 as the video is posted I will see you
12:53 guys in the next one [Music]
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