Penny Lane Podcast

Why did Blayne switch to Options + Her Trading Strategy + $DOGE + $CCL


Listen Later

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
    • $ABNB
    • $CCL

Resources:

Benzinga! Click this link to check out our favorite trading tool!!! + 2 Weeks free!

Webull

TrendSpider

TraderSync

Find us on Twitter
@Pennylanepod
@Penny_Lane_BBM

Follow Blayne on Instagram:
@blayne_art


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Penny Lane PodcastBy Penny Lane Pod

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