Ok Safemoon Army, this post is for you. I know the recent price action of Safemoon is depressing, so I decided to break down what we are actually getting at todays prices. We literally are getting millions. If you are down with the Safemoon Army …
This trade only seems sane, but it’s crazy when the Nasdaq QQQ stock is up eight straight weeks in a row. It’s still not at the top of the weekly trading channel, that would be the optimum place to short the stock. I just feel …
Amazon stock is setting up to have one of the biggest moves it has ever had as a stock. After being in consolidation for a year, meaning the stock has just been gyrating in a sideways pattern. AMZN stock is finally set to breakout and that’s break out in a big way.
In the video, I show you consolidation. I also show you the previous attempts over the last year of attempted breakouts by Amazon stock only the breakdown and head the other way. Failed breakout disappoint lots of investors causing them to sell as they were positioned to ride the next wave higher.
Nvidia stock has broken out recently as well. NVDA stock has had the same exact pattern as Amazon does prior to the breakout. I show you the comparison of the two stocks in the video. I make the case that Amzn stock may not even fall back to test support or prior resistance and to just take off to the moon just like Safemoon crypto. #safemoonarmy
I had to throw that in there. I’m a huge Safemoon fan. Remember as you watch this video that I am not a financial advisor. I’m just a dude with a blog that makes Youtube videos that people don’t watch. lol
One of the best points in the video is that I share with you a possible price target. I use options implied volatility and technical analysis to come up with my target. I think it’s a very reasonable target and for some reason if AMZN stock announces a stock split, this stock will be there in a week. What’s the price target? My Amazon price prediction is $5000. I don’t know how fast it’s going to get there, but I know it will get there. If I had to take a guess, I would say within the next 12 months. Let me know what you think. Tweet at me your price target for Amazon.
I’ve have to admit. I been deaf ears to the Crypto world for a long time now. I just couldn’t understand it. I’m not even sure if I wanted to understand it. But now I’m starting to open my eyes. Even though my vision is …
Yesterday’s Live Feed was epic. Not only was it a great video talking about the stock market on Youtube Live, it was a record breaker. All my lives are fantastic and informative. Don’t take it from me, take it from the viewers and the …
Here is a quick look at my stock portfolio. Here on Dretrades, I will show it from time to time. As you can see from the gains and from the Charles Schwab StreetSmart Edge Software; I am a trader that actually pushes the button. Big ups to Samantha Bryant from the “Talkin Options” Youtube channel for pushing the issue on traders who don’t actually trade or as Samantha says, “Push the Button”. On institutional/retail trading platforms, it’s pretty easy to show you the portfolio, profits, or trades with just the click of a button.
Moving on, check out the video and the portfolio. At this time, I own about 22 positions. All of the positions are option positions. One of the main reasons that I trade options is for the power of profits. Looking at my P/L column you can see that these positions have me up approximately 21k. There are only a few losing trades because with options, you can easily manage your risk. You can do it with safe trades to where the probabilities of success are in you favor or you can get real aggressive if you are bullish and put on an options trade that can net you thousands if you are right. Direction and time is the key to options trading, but as long as you trade with the probabilities in your favor, you will have many wins. Just be sure to keep the loses small and I assure you; with high probability trades, there won’t be many losses.
Be sure to follow my Youtube channel as I always tell you what stocks I am watching and usually most always do technical analysis on the stock and hint on what type of option positions you can put on.
Thanks for watching and hit me up on twitter and let me know you was here.
Twitter handle: @dretrades
This is a quick story I figure I share with everyone on a missed trade. We all have miss trades, but this one maybe costing me upwards of $40,000. Yes, 4k. I share in this video my NVDA stock trade. Actually, it’s more like an …
Here is a different topic that’s not a video. My girlfriend came over to see me. Just lying on the couch while we work on the computer together. After leaving and going into the kitchen, I return while she is on the phone. The picture …