Profiting from high volume breakout :NIO

NIO was one of the first stocks to show up in 4% b/o and had 9 million plus volume in first 15 minutes or so. It also had earnings news so was showing up in earnings scan in TI (Trade Ideas Software)

Typically I do not buy very low priced stocks , but today there was not much showing up in $ b/o scans early , so I bought it. Stop was 20 cents from entry.

Stock kept going up . I sold once it had 800 dollars profit, which on whiskey scale is one 30 year whiskey.

It kept going up after that also .

Here is handy guide to our whiskey scale used on members site.

What is whiskey scale

you will see whiskey multiples mentioned a lot on this site . Here is your handy guide to whiskey scale

Voss water case 200 dollars

half whiskey (30 year bottle)=400 dollar

full whiskey =800 dollar plus . 🥃

Case of whiskey = 10000 dollar 🥃🥃🥃🥃🥃🥃🥃🥃🥃🥃

my risk tolerance is 40 cents on trade with 1000 share size. The way I look at it if I lose 400 dollars on trade I lose half whiskey bottle

So if someone says made a whiskey he has 800 plus profit on trade. 🥃

Best site to learn to trade

If you are serious about your trading and want to build an enduring edge, the Stockbee Member site might help you.

Members tell me they have tried a lot of things before coming to my site, and it has offered them the most extensive and detailed methods to swing and position trade. Members range from very experienced traders to novices.

No advertising, no hard marketing, no promotions, no free offers, no affiliate marketing, no incentive to other bloggers to promote the site, no constant tweets self-promoting the site, and no tall claims. Every member comes through word-of-mouth recommendations from existing members.

As a member, you will learn the basics of swing trading, momentum investing, growth investing, and risk management. You will learn about Stockbee Momentum Burst breakouts, Stockbee Trend Intensity Breakouts, Stockbee Episodic Pivots Breakouts, Stockbee Lemonade Strategy for 401k, and many other member-shared methods.

You will learn how to set up your own scans, how to select the right kind of stocks, how to set up stops, when to enter, when to exit, how much to risk, how to track your trades, and all other details about trading.

You will learn about developing your own methods and not relying on others for trade ideas. Develop your own edge. Once you develop your own method, you will have a lifelong profitable method.

The site gives you an opportunity to interact with some of the most successful traders and learn from them about their trading methods. It is a vibrant community with members from different backgrounds and experiences willing to help each other. Members have shared their methods, scans, software, backtests, and market insights.

Every day, the emphasis is on continuous learning and upgrading of market knowledge and setup knowledge. The members range from hedge fund employees, financial advisers, active swing traders, investors, and new traders.

You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.

Almost every member comes through a recommendation of some of the leading trading bloggers and trading sites. 80% or more members continue to be members for more than 3 years. Most tell me that they stay on because every day they learn so much from the members' site.

If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

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