The reason SteadyTrade Team members and I still find hot trades is because we focus on plays where we are in and out quickly.
We're not holding for the long term, or even for a few days.
With all the uncertainty in the market, swing trading doesn't make sense right now.
It makes more sense to day trade…
Because when you're in and out of a trade FAST, you can avoid becoming a victim to massive market fluctuations.
Just look at a couple of the plays we were watching in the SteadyTrade Team yesterday…
How to Pocket Gains While Others Lose
Cyngn Inc. (NASDAQ: CYN) has held up for over a month. Yesterday, in the morning SteadyTrade Team webinar, I told everyone to watch CYN for a break above the previous day's high around $4.60.
It was a solid trade and a chance to make roughly 40 cents per share...
CYN even closed near its daily high. So you can bet I'll be watching it tomorrow.
Vroom, Inc. (NASDAQ: VRM) was another stock on watch yesterday. The stock spiked after hours on Monday after the company announced earnings and a business realignment plan.
Right at the open, the stock spiked through the $1.75 premarket high and topped out at $1.93. That was another chance to make almost 20 cents per share.
But as you can see from the chart, you had to be quick!
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*Please note that these kinds of trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade, and individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose.
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