Don’t Try to Be a Fortune Teller

Why reacting is the best strategy in day trading… ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Good Morning! Day traders, especially new day traders, must understand that none of us are fortune tellers. If you think that you are, you shouldn’t be trading. Successful day traders don’t anticipate, they react. This might sound like a snoozefest to you, I get it. Patience is required. But on the other hand, if you’re buying penny stocks in anticipation that they’re gonna move, you’re just going to be a collector of penny stocks. Good luck with that! As much as I’d like to think I know what a stock is going to do, I never know. Instead, I use proven, reliable, repeatable patterns to trade stocks. And I react to those reliable setups. Sponsored #1 Trading Hack If You’re Lazy After trading for 20 years and teaching tens of thousands of students, Tim Bohen has seen every trading “hack” or tool there is. While some of his students spend hours in front of their computers every day… Others have full time jobs or hobbies that prevent them from going “all in” with their time, but still want to become serious traders with rising bank accounts. That’s why Tim created a specific trading strategy for students who want to trade part-time, so they can live life on their terms while still improving their skills as a trader. This is #1 “set it and forget it” trading strategy there is and Tim is going live to tell you exactly how it works and the success its seen. [Click here to RSVP ‘Yes’ and reserve your spot.]( Case in point: On Monday morning, during my [Premarket Prep]( I mapped out a breakout for Serve Robotics Inc. (NASDAQ: SERV) at $9.30 per share. And why did I choose $9.30 and not $9 and not $9.50? Because over recent history, SERV kept testing that level. I saw it as a potential breakout point, not a sure thing, but a possible price where SERV could spike higher. And by the way, nothing is ever, ever a sure thing! But that being said, any price pattern that has been consistent and reliable over time does stack the odds in our favor that it will work. And that was the case with SERV. SERV Intraday, One-Minute Candles Chart; SteadyTrade It hit $9.30 per share at the open and spiked to a high for the day of $10.76 in a little over an hour. That was a quick 15.7% profit, and it happened not because I anticipated it would but because I reacted to a dependable setup I’ve seen work countless times before. [Click here to read the full article.]( Tim Bohen Lead Trainer, StocksToTrade Sponsored   Recommended Membership Gifts   ACCESS NOW: Click below to activate exclusive content and daily market intel from our market pros. 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