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{The $8 Million Strategy} Learn How to Use These 4 Powerful Trading Indicators

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imastocktrader.com

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Wed, May 31, 2023 03:30 PM

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Tips from a 24-year-old stock trader who used these indicators to generate massive returns. Sponsore

Tips from a 24-year-old stock trader who used these indicators to generate massive returns. Sponsored [Build Wealth 10x Faster By Doing This]( As you know, the stock market has been volatile lately, and there's a lot of uncertainty in the air. But we want to assure you that this is not the time to panic. In fact, it's the time to be buying stocks.[Go HERE to Get Their Names And Ticker Symbols]( By clicking the link you are subscribing to the Summa Money Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy [Privacy Policy/Disclosures](  Unveiling the Secrets of 4 Game-Changing Trading Indicators [Image]  Hello Stock Traders  Mark June 5, 9 AM in your calendars! The market wizards at Traders on Trend are ready to launch the eagerly awaited Summer Market Summit in less than a week. This unique event gathers 32 industry-leading traders eager to share their exclusive market strategies. It's an unparalleled opportunity to enhance your trading skills and stay current with market trends. As the launch of this exceptional event nears, anticipation grows. Keep an eye out for further updates. Gear up for a rewarding trading expedition—ensure you're not left out! [Reserve your place by clicking this link!]( Continuing now to our newsletter… With a degree from the school of hard knocks, Jack Kellogg leapt into the labyrinth of stock trading fresh out of high school in 2017. Witnessing his fair share of Wall Street's unpredictable drama, from the gut-punch of the 2020 crash to the euphoria of the 2021 bull rallies and the grim bear market of 2022, he's learned one crucial lesson - when in doubt, keep it straightforward and adapt on the fly. He lives by the mantra, "KISS" – Keep It Simple, Stupid, a testament to his no-frills approach to trading. "Do you need a quantum physics degree to trade stocks? Nope. I get by just fine with basic trend lines, support, resistance, volume - that's all folks!" asserts Kellogg. He warns against the deceptive allure of complex indicators, hinting that they could be more of a distraction than an aid, muddling your trading strategy. Kellogg’s diverse trading portfolio, featuring both long and short positions, reflects his adaptability. This versatility allowed him to continue trading even amidst the bear market of 2022. The IRS must be ecstatic about his prosperous run, given his reported earnings from day trading in 2020 and 2021 exceeded a whopping $8 million, skyrocketing from a total income of $1.6 million in 2020 to $6.5 million in 2021. But it wasn't always champagne and caviar for Kellogg. He kickstarted his trading career with a modest $7,500 deposit. His initial foray into trading was humbling, to say the least, with losses that prompted him to recalibrate.  An online course by Timothy Sykes, a trading teacher and former penny-stock trader famed for turning his bar mitzvah gift into over $1 million in gains, proved pivotal for Kellogg's trading journey. 2020's rally found Kellogg primed to leverage the upward surge.  Even as 2022 saw the market's pace slacken, Kellogg's trading acumen shone through, as he secured profits betting on popular stocks like Bed Bath and Beyond (BBBY) and AMC (AMC), the latter alone netting him a cool $60,000. He also ventured into trading small-cap stocks, pocketing substantial winnings from trades like Intelligent Living Application Group Inc. (ILAG). Kellogg's trading toolkit comprises four key indicators. Firstly, the volume-weighted average price (VWAP) that indicates the average price paid for shares, adjusted for volume.  This serves as his compass for determining a decent buy-in price and ensures he doesn't end up "chasing" a rallying stock. In other words, if the price is above the VWAP line, Kellogg isn't biting. Next up, he uses linear regression to glean the direction of price trends and potential shifts in course. Three overlaying lines on the candles paint a picture of the stock's status: overbought, oversold, or just right. Volume, revealing the quantity of shares being traded, serves as his early warning system for potential stock reversals. Large volumes can hint at folks buying into or "chasing" the stock, possibly indicating a pending turnaround. Lastly, he tracks support and resistance lines, the points where the price usually plateaus or dwindles, respectively. These levels shift throughout the day, with Kellogg correlating increases in volume with these areas to find key levels. However, despite these tools, Kellogg emphasizes that price action remains supreme. If a stock's price takes a detour from your expectations, it's time to cut losses and reassess. And that's the crux of his philosophy. It’s not about what data you have, but how you wield it. Despite having the best strategy or indicators, without discipline and emotional mastery, you’re setting yourself up for a constant uphill battle. As Kellogg sagely puts it, "Most people underestimate the Herculean effort required to master their emotions." So the next time you’re gearing up for the trading arena, remember to pack your discipline along with your laptop.  Trade safe!  -James  Coming Up Next: Cathie Woods think these stocks are to follow the footsteps of Nvidia. What are those? Find out in the article below!   SPONSORED 🔽 Sponsored [How He Bagged One Of The Top Trading Records…]( A reclusive millionaire has been quietly racking up winning trade after winning trade. Despite avoiding most headlines, he’s become one of the most successful traders around - over the last 8 years, he’s banked a 97% win rate. How does he do it? He sat down for a rare interview where he revealed it all. [Click HERE to see how he’s done it…]( [Privacy Policy/Disclosures]( Cathie Wood Identifies Software Stocks as the Next AI Opportunity Post-Nvidia Imagine having a crystal ball that could predict the next tech titan in the vein of Nvidia Corp., a leading light in artificial intelligence (AI). Well, Cathie Wood, founder and CEO of Ark Investment Management LLC, has a pretty keen eye for such predictions. Chatting with Bloomberg TV recently, she hinted that software providers might just be the next stars of the AI cosmos. Wood reminisced about the early days when Nvidia was the new kid on the block. "Just like we spotted Nvidia before it became a giant, we're turning our focus on software providers, who are at the same point Nvidia was when we first bought into them," she revealed. Now, while she does believe Nvidia will continue to soar, Wood is excited about what she calls "the next thing." In January, Wood's ARKK trimmed its Nvidia stake, unfortunately, missing out on a remarkable rally that saw the chipmaker's market valuation flirt with the coveted $1 trillion mark. When confronted with questions about this decision, Wood held her ground, maintaining her reservations about the computer-chip industry's notorious boom-bust cycle. Plus, she added, in her opinion, Nvidia's pricing was getting ahead of itself. So, what's in Cathie Wood's crystal ball now? She’s throwing her weight behind software stocks such as UiPath Inc., Twilio Inc., and Teladoc Health Inc., anticipating that they might follow Nvidia's illustrious trajectory. She sees big bucks in these SaaS providers, saying, "For every dollar of hardware Nvidia sells, these guys could rake in eight times that in revenue." Interestingly, Wood's pick of the litter isn't exactly the belle of the ball right now. UiPath, Twilio, and Teladoc Health have all experienced a staggering fall from grace. UiPath's shares, for example, spiraled down by a whopping 80% after peaking at more than $85 post-IPO in 2021. Meanwhile, Twilio and Teladoc Health have seen their stocks tumble 85% and over 90% from their 2021 highs, respectively. Despite this, Wood is holding firm. She still considers Tesla as the "grandmaster of AI," predicting its share price could touch $2,000 by 2027, up from its current value of around $200. She is bullish on the prospect of autonomous taxi platforms, stating, "We foresee these platforms generating revenue to the tune of $10 trillion globally by 2038, up from virtually nothing at present." Her view of Tesla, however, deviates from the norm. "To us, Tesla is not just another auto stock. It is much more." As for expanding into China, Wood has some sage advice. She believes that the 'common prosperity' policy pursued by the Chinese government will necessitate that firms seeking to establish a presence there will need to compromise on margins if they aim to achieve significant scale. So, are you ready to take a leaf out of Wood's playbook and set your sights on the next big thing in AI? The choice is yours!   Disclaimer:  The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.  Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.  Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio.  Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit tradersontrend.com/terms for our full Terms and Conditions.  COE MEDIA.   1126 S Federal Hwy Unit #827   Fort Lauderdale, FL 33316 [UnsubscribeÂ](  [Privacy Policy](

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