It’s hard out there in real stock land…
But despite all the fear and panic…
…there are plenty of opportunities that don’t involve large-caps, corporate earnings, or anything the Fed says.
Sure, the market isn’t the same as it was in 2020 … And it might not ever be like that again.
But does that mean there are no profit-grabbing opportunities?
Of course there are, and I’m not talking about buying the dip!
In fact, you only need one good trade in this market to be set for the week.
For example, last week you had the chance to capture moves in multiple stocks … Review them below so you know what to look for this week…
What Opportunity Looks Like
Early last week, Blue Apron Holdings, Inc. (NYSE: APRN) was a great play when it went from red to green on Tuesday.
On Thursday, Cyngn Inc. (NASDAQ: CYN) had a quick squeeze when it opened green and spiked.
And I probably talked about Better Therapeutics, Inc. (NASDAQ: BTTX) for two-thirds of my Thursday morning webinar. (I also reviewed the play in Friday’s Daily Accelerator.)
I got a ton of DMs from traders saying they made 30-40 cents per share on BTTX. That ain’t bad. Especially on a day when everyone was screaming, ‘the world is ending’!
BTTX chart: May 5, 2022, 1-minute candle — courtesy of StocksToTrade.com
Sidus Space, Inc. (NASDAQ: SIDU) was another great play on Friday. The Breaking News Chat team alerted it in premarket.
But even if you missed those big premarket gains (I don’t recommend new traders trade in premarket), you still had a chance to nail a 50-cent per-share move…
Check out the perfect dip and rip…
SIDU chart: 1-day, 1-minute candle — courtesy of StocksToTrade.com
I liked SIDU’s low float, the volume, and its fluffy PR. If you don’t have the Breaking News Chat, it was also an Oracle pick with a long signal at $4.07.
With StocksToTrade, there are so many ways to catch these opportunities…
Redbox Entertainment Inc. (NASDAQ: RDBX) was another nice gainer on Friday … In my morning Pre-Market Prep, a member reminded us all that the quieter morning could bring traders back to RDBX. And they were right…
If you kept RDBX on your watchlist, you could’ve caught a beautiful weak open red-to-green move. And roughly 50 cents per share gains!
RDBX chart: 1-day, 1-minute candle — courtesy of StocksToTrade.com
So, as you can see, there’s no shortage of plays.
The market might not be like it was in 2020…
But that’s not a bad thing. That market taught traders plenty of bad habits.
You could buy almost any stock and it would go up.
And on the off chance you got destroyed, you could just wait a day or two and the stock would come back.
It was ridiculous. You could make the worst decisions with no risk management, and still make money.
It’s not like that anymore.
Now’s the time to focus on trading the right setups and staying disciplined.
If you’re missing out — get a trading mentor to help you…
Whether it’s in Pre-Market Prep, the SteadyTrade Team, or one of my alert services…
I can help you find some of the best runners in the market and lay out a plan for each ticker.
Then, it’s up to you to execute…
Have a great Money Monday, everyone. See you back here tomorrow!
Tim Bohen
Lead Trainer, StocksToTrade