The profiting trend for Multi-Day Runners in 2020. Day Trading in todays market. — Transcript

Full transcript

1. 0:00hello guys team dexter welcome to this
2. 0:01youtube video and today i'm going to
3. 0:03talk about some of the adjustments that
4. 0:05i personally made
5. 0:06for multi-day runners especially in 2020
6. 0:09and first of all i want to thank you for
7. 0:11you guys that came to the conference
8. 0:13during this conference we caught a live
9. 0:14trade on athe hopefully you guys
10. 0:17made money by the end of the day
11. 0:20uh shortly very small at 3 20 up now 3
12. 0:2430
13. 0:25sorry uh planning to add it but
14. 0:29this is the opportunity you can take
15. 0:33[Music]
16. 0:41we definitely took some profits
17. 0:43partially and the conference ended there
18. 0:45so if you guys have any questions
19. 0:47about the sticker you guys can leave a
20. 0:48comment below and let's get into the
21. 0:50video
22. 0:51so for the multi-day pattern adjustments
23. 0:53i want to make in total of three points
24. 0:56first of all when you are looking at a
25. 0:57multi-day runner pattern you want to
26. 0:59look at the initial market cap
27. 1:01because if you start buying a billion
28. 1:02dollar cap it's not going to go that
29. 1:05high
30. 1:05it's not going to have the potential to
31. 1:07spike to 300
32. 1:09but if you are looking at a market cap
33. 1:11that is under 100 million initially
34. 1:14then you will have much better chance to
35. 1:16get much
36. 1:17better reward compared to buying
37. 1:19something like a billion dollar cap
38. 1:20so the second point i want to make will
39. 1:22be reference to the chart that we had on
40. 1:25cb 80
41. 1:26and solo those two charts have the
42. 1:29secondary breakout
43. 1:30now secondary breakout is completely
44. 1:32different story compared to the first
45. 1:34breakout
46. 1:35so we will talk about how secondary
47. 1:37breakout is not
48. 1:39as strong compared to the first one and
49. 1:41also what's the correlation between the
50. 1:42first
51. 1:43and the secondary breakout as well so
52. 1:45the third point i want to talk about
53. 1:46volume prediction which i
54. 1:48specifically taught in doxinator
55. 1:51and also training technique as well
56. 1:54volume prediction is very important
57. 1:56i'm going to introduce the concept
58. 1:58behind it and how to really spot the
59. 2:00breakout before the market even open
60. 2:02and you will have much better winning
61. 2:04percentage to trade in this
62. 2:05multi-day breakout pattern so today
63. 2:08we're going to talk about two tickers
64. 2:10c-b-a-t and s-o-l-o both of them
65. 2:13are very similar chart you can look at
66. 2:16the historical chart of two years
67. 2:18you have around 200 million support
68. 2:20between four to
69. 2:22five then you have 200 million support
70. 2:25around
71. 2:25six so on both of the chart you can see
72. 2:28that it looks
73. 2:29pretty much identical but there's one
74. 2:31thing that's completely different
75. 2:33is the initial market cap as i said the
76. 2:36higher the initial market cap is
77. 2:38the more difficult for stock to go up
78. 2:40whenever the stocks initial market cap
79. 2:43exceed over 500 million
80. 2:45it's not going to be very profitable
81. 2:47especially
82. 2:48on the way up so in terms of risk award
83. 2:51higher market cap generally have lower
84. 2:53risk
85. 2:54but especially when you are looking for
86. 2:57much bigger reward on multi-day breakout
87. 2:59smaller initial market cap works the
88. 3:01best
89. 3:02so in this case uh solo compared to cbat
90. 3:06you can kind of see that solo has much
91. 3:09lower market cap compared to
92. 3:11cbit so in terms of risk reward solo
93. 3:14actually have a much better reward now
94. 3:17if
95. 3:18we're not taking any type of criteria
96. 3:20solo actually have much better reward
97. 3:22compared to cbat
98. 3:24in this case cbit started with much
99. 3:26higher market cap
100. 3:27but in actual charge cba extended much
101. 3:30further
102. 3:31than s-o-l-o so in terms of
103. 3:35charting let's look at the specific
104. 3:37chart itself
105. 3:38well first of all let's start with c
106. 3:40b-a-t initially
107. 3:42stock went from point one to four and it
108. 3:45had
109. 3:46its first breakout break through this
110. 3:48100
111. 3:49or 200 million support and the first
112. 3:52extension is only about 20
113. 3:54and that's considered a completely fake
114. 3:56out
115. 3:57and the secondary breakout started
116. 3:59around
117. 4:00five you went all the way up to 11.
118. 4:03normally that
119. 4:04secondary breakout is correlated with
120. 4:06first breakout if the first breakout is
121. 4:08really strong then the secondary
122. 4:10breakout is going to be strong as well
123. 4:12in this case cb80 actually have much
124. 4:15stronger or strength compared to the
125. 4:17first one so
126. 4:18cbit is definitely our outlier just
127. 4:21according to
128. 4:22all of the statistics that have tracked
129. 4:24for multi-day rounder
130. 4:25second ticker we can look at is first
131. 4:28breakout for
132. 4:30solo started around 309
133. 4:33all the way to six now they consolidated
134. 4:36much longer than cbat
135. 4:40then the secondary breakout extended
136. 4:42only about twenty percent
137. 4:44so in terms of breakout level cbit is
138. 4:47definitely an outlier
139. 4:48and they extend it much longer and
140. 4:50further so let's look at
141. 4:52other criterias might fit in and
142. 4:54actually can explain
143. 4:56why cbit ran much further compared to
144. 4:59solo
145. 5:00so let's look at in terms of volume this
146. 5:02is the main criteria that we're going to
147. 5:04look for especially when we're looking
148. 5:05at a breakout
149. 5:06so the first day of the breakout
150. 5:08actually traded only
151. 5:10about 90 million volume now compared to
152. 5:12solo
153. 5:13first the breakout volume traded around
154. 5:1740 million so the more volume it can
155. 5:20trade
156. 5:20in one day then for the second day the
157. 5:24second day liquidity which
158. 5:25is volume has to surpass the first day
159. 5:28for cbit
160. 5:29that the second day did surpass the
161. 5:31first day
162. 5:32but it still traded around 100 million
163. 5:35but you can see
164. 5:36solo that traded 160 million so
165. 5:39to extend to the next day that solo
166. 5:42needs to trade more than
167. 5:43160 million shares on the next day which
168. 5:46is
169. 5:46very unlikely and on cbit well you only
170. 5:50traded
171. 5:50100 million shares so it's much lower
172. 5:53volume compared to solo
173. 5:54and that will bring more odds for
174. 5:58spiking a little bit further compared to
175. 6:00the solo ticker
176. 6:02so when you are looking at overall
177. 6:04multi-day breakout patterns the first
178. 6:06green day cannot have that much volume
179. 6:08because the more volume it has
180. 6:10then the next day liquidity or volume
181. 6:13it's going to be very difficult
182. 6:14for a stock to extend even more so let's
183. 6:17go over
184. 6:17all the three criteria first of all that
185. 6:20you want a really low initial market
186. 6:23caps so
187. 6:24the stock itself have much potential to
188. 6:26extend
189. 6:28now the second point you want to look at
190. 6:30is the
191. 6:31first breakout and secondary breakout
192. 6:33well normally you want to see
193. 6:35that there is a lot of extensions on
194. 6:38first
195. 6:38breakout so the secondary breakout can
196. 6:40be as
197. 6:42good as the first one because when you
198. 6:44are looking at in terms of the second
199. 6:45criteria
200. 6:46the psychology behind it is when
201. 6:48somebody wants to buy a breakout
202. 6:50that they want to see okay this actually
203. 6:52this ticker
204. 6:53had a decent history of breakout so in
205. 6:56the next breakout the ticker itself will
206. 6:58give them much more confidence
207. 7:00to hold longer and buy more shares on
208. 7:03the second breakout
209. 7:04so the third criteria will be volume and
210. 7:07liquidity make sure that the first
211. 7:09day on the breakout do not trade you
212. 7:11know the maximum volume can be traded in
213. 7:13a day
214. 7:14then the next day there will be no
215. 7:16liquidity can be traded on the next day
216. 7:18um so if it's trading decent amount of
217. 7:20volume somewhere like
218. 7:2240 million to 60 million it's very ideal
219. 7:25but if it trades over 200 300 million
220. 7:27it is pretty much impossible for the
221. 7:29next day to exceed
222. 7:31the previous day liquidity so that will
223. 7:33be overall three of the criteria you
224. 7:35want to look for
225. 7:36and some of the adjustments that i made
226. 7:38for 2020
227. 7:39and thank you very much for watching
228. 7:41this video and i will see you guys
229. 7:42next time
230. 7:51[Music]
231. 8:00[Music]
232. 8:10so