Mother’s Day Episode! (Justin + Blayne + Kate + Jimmy)
- Kentucky Derby winner Medina Spirit fails drug test.
- Blayne's back in $LTNC… Small. Why?
- $Doge Dump/Elon on SNL/Recovery
- What is a whale/why do we care?
- Last week in pennies… had a few signs of life coming back… but I don’t think we’re back. Looking for a 100% premarket runner to ignite small caps/pennies
- Hindenburg short report on $PCT (in the episode Blayne says $PTC, but it was actually $PCT)
- Blayne’s trading strategy
- VOLUME
- Catalyst/rumor and or News
- Does it have a good story that a regular person can understand. Example - $JILL, $AMC, $BBW, $EARS, $EYES, $SNDL, $KERN, $FUBO, $PLBY (NFT)
- Is the stock a nostalgia stock (This isn't something that I have to have to play the stock, but if it has it I pay very special attention.) Examples - $CCL, $PLAY, $PLBY, $GME, $BB, $NOK, $AMC, $BBW, $NAKD, $MYT - This is my own theory, but I feel like if a stock has nostalgia and starts to run it could bring in buyers who have maybe never bought a stock before… or who don’t trade regularly… social media momentum, chasing, etc.
- Is the stock near support (VWAP or EMA)
- Is the stock a former runner/look left
- Is the stock a sympathy to the main runner of the day that hasn’t been discovered - $PECK and $POLA
- Is the stock a part of the sector that’s running that day? EV, healthcare, memes, WSB, NFTs, batteries, China EDU, etc.
- Listener questions
- You’re an artist, and you trade, and you run a podcast. How are you able to focus on trading or put in the extra time to learn. I work full time and have a family so would love to hear about your methods to stay on top of things?
- Blayne
- Have a schedule
- Find news sources you trust
- Turn on Alerts
- Discords (find Blayne everyday in Mullins Trading Academy)
- Treat is like a Job because it is a job. I take it very seriously
- I also obsess on things… that’s just how I am… and I don't want to do things that I can’t do well.
- It’s really freaking hard
- What’s the biggest thing you guys (the crew) feel you are doing to improve your trading and to become more consistently profitable?
- Avoiding FOMO and reminding myself another trade will come… working at getting better at when to get in and out of trades… size.
- Surrounding myself with people who are better traders than me and learning from them
- Swing of week
Resources:
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Webull
TrendSpider
TraderSync
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