In this episode, Mubarak Shah goes over the top 3 trading strategies that work best in 2019:
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TIME CODES:
[02:22)] Pump and Dumps is the most classic method.
[03:05)] Finviz.com is good stock trading platform that gives you news and tells you how the news impacted stock price as well.
[03:40)] Tradingview.com is another good trading platform.
[04:00)] Mubarak explains Pump and Dump using XNET.
[04:56)] A lot of penny stock alert websites/email lists are basically just pump and dumps.
[06:27)] The stock market is not a lottery. Check out inpennystock university and learn the strategic methods and patterns that happen over and over again.
[08:09)] The Double Catalyst Rule is taking two different parts of a stock and using that information to profit.
[09:21)] Don't rely on just news to indicate the direction of the stock. Combine news with another catalyst.
[11:40)] One of the keys to telling when stock price is going to go up or down is understanding support and resistance.
[12:13)] Double Top rule usually applies in the smaller time intervals.
[13:33)] "High on the day" -- stock price will usually stay within the barrier it trades within. The only time it will break out is when a catalyst happens.
Hope you enjoy! If you have any other questions related to trading, please feel free to reach out to us at [email protected] or visit us at inpennystock.com
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