Also, he only looks for $50m volume traded on the day and yet somehow trades OTC stocks that have very tiny liquidity meaning a tiny volume? Contradicting the rule?
Sure, the gains look impressive... until you dig a little deeper. TGGI and LNTC (see table at time: 7:25 minutes), according to Yahoo-Finance historical data, were not possible. Yet, these two trades show huge gains... gains that were not possible based on historical trading data! Don't believe me... check it out yourself. Note the date is M/D/Y format.
Please use tradingview to view the charts. You can see those 2 trades were definitely possible with the amount of trading volume. Keep in mind that its no guarantee that he bought all those shares on the same day. He likes to accumulate his position over time.
The stats don't mention his losing trades. How large were they?
You can search his channel and find a video which shows an in-depth analysis of his trades.
What's different in trading and stock market?
I'll talk about this in tomorrow's live stream on June 18.
Is he doing scalping or wot ? Reply please
Also, he only looks for $50m volume traded on the day and yet somehow trades OTC stocks that have very tiny liquidity meaning a tiny volume? Contradicting the rule?
Please watch the entire video as he doesn't just trade otx stocks
How to select stocks like jake
I may do a Part 2 if there's enough interest in his story and show you how he selects stocks. Please let me know .
@@MikeSerTrader im tuned
Wow!!!
Sure, the gains look impressive... until you dig a little deeper. TGGI and LNTC (see table at time: 7:25 minutes), according to Yahoo-Finance historical data, were not possible. Yet, these two trades show huge gains... gains that were not possible based on historical trading data! Don't believe me... check it out yourself. Note the date is M/D/Y format.
Please use tradingview to view the charts. You can see those 2 trades were definitely possible with the amount of trading volume. Keep in mind that its no guarantee that he bought all those shares on the same day. He likes to accumulate his position over time.
@@matthewmartin8386 Bro said Yahoo-Finance historical data 💀