One of the best ways to manage risk is to choose the strongest stocks. By trading the strongest stocks in the market I was able to further reduce my risk.
When I started with $583.15 I had a specific type of stock I was looking for based on my unique variables. They had to be priced at a certain amount, float had to be under a certain # of volume, and with a fresh catalyst, plus some key variable that most traders don’t even consider that results in them increasing their risk and ultimately losing money.
For example what does a fresh catalyst look like? When we have a big catalyst that’s what creates the massive amount of buying volume.
The buying volume creates an imbalance between buyers and sellers, that that results in a big move in the stock.
I’ll go in-depth on everything we just talked about on this LIVE One-Time Stocktwits Exclusive Webinar On August 21st at 1 PM EST and 10 AM PST. Register below now.