A trader named Clay records a live trade video where he shares his trading strategy for Boeing stocks by going short on it, and he makes $460 in less than 5 minutes. He explains the thought process and how he works with his trading community.
LIVE TRADING: HOW TO MAKE QUICK PROFITS IN THE STOCK MARKET
Introduction
Being able to profit in the stock market requires more than just financial knowledge. In today’s fast-paced society, making quick profits in the stock market is becoming a popular phenomenon. In this article, we are going to discuss how ClayTrader.com, a stock-trading community, made $460 in less than 5 minutes through live trading.
The Market Is About To Open
Clay started his live trading video by highlighting the market’s open time just 12 minutes away. He put an alert in place to keep an eye on Boeing, which was trading at a curious price of around 184. The opening price looked as if it would be below the desired pointed price mark.
The Initial Trade
As the market opened, the price fluctuated, teasing the desired price mark before dropping below it. A candlestick formed, which was a good sign for Clay as long as the chart stayed above the 184 mark. It was a waiting game; he wanted to see how long the candlestick would maintain its position above the mark without dropping.
The Breakout
A few minutes later, the chart began to show signs of breaking through the 184 mark. Clay hesitated for a bit about this, as he wondered if he had jumped the gun by anticipating the break, but he ultimately decided to try it. He took some shares off the table and hoped the chart would continue downwards.
The Trade Develops
As the minutes ticked by, Clay’s stop loss was climbing lower and lower. He had initially set his stop loss at 184.50, which was now down to 180. As the market was trending downwards, he had more of a chance of making a profit. Clay’s initial investment of $184.70 had netted him a profit of $460.
Wrapping Up
Clay’s trade showed how to make quick profits in the stock market by being confident in your analysis and able to make intuitive decisions. As a bonus, he managed to demonstrate not only the trading process with charts and Level IIs but also how his community could learn from his trading decisions. His trade lasted less than five minutes, making $460 in profits – a fantastic return for a day’s work.
Conclusion
Making quick profits in the stock market requires knowledge, intuition, and confidence. With the market’s fast-paced environment, traders like Clay use their analysis to make the best decisions. By joining communities like ClayTrader.com, traders can gain live trading experience from other traders. Clay’s trade successfully demonstrated how a fast and straightforward trade can earn them significant profits.