Michael trades both penny stocks and big tech like $AMZN and $NVDA. He uses a screener to find “day gappers,” especially those with moves of 50-100%. It is his belief that trading while working and without access to the charts, leads to poor decisions and unimpressive results.
With a rough start on his evaluation due to early risky plays, he tried to refocus, and managed to pull himself up with a great long on $LASE, netting him $370. It followed with an even better short on $HOLO, giving him enough cushion to trade more confidently later on.
Michael’s approach evolved to focus on penny stocks for high volatility and big tech for stability, adjusting his risk according to market movement.
Tip 1
Focus and controlling emotions
Be fully focused and prepared, control your emotions; begin with small risks to avoid daily losses, and as you profit, you can gradually increase it.
Tip 2
Big tech movements
$NVDA, $QQQ, TSLA, $GOOG - they move in the same direction, when there's a big news or earnings report, it's likely the other follows.
