DAKT and WDFC are the kind of quick profit opportunities you can find in the earnings season.
Earnings beat estimates and it is not a widely followed stock.
Many such opportunities present themselves during earnings season.
When you are not making money you have some issues and identifying each of those issues and finding a solution can help you become a profitable Trader.
On the member site, we've been running since yesterday a series of Zoom meetings with Traders to discuss this project of improving your trading in 30 days.
When you look at this kind of idea, you'll see that you can find people's problems are of four types.
Setup Problems
Process problems
Situational Awareness Problem
Trader Problem
Traders have problems because of a lot of prayers; they have found a setup found the process they know when to trade their setup, but they continuously fail to execute well because their personality profile is their personal problems interfere.
Trader problems are difficult to fix because they involve the person himself doing something which might be reflecting, which might be clearing your mind clarity which might be to create a framework which might be to find an innovative creative solution to his problem.
This is something that you have to work on to make it profitable, and this is one of the struggles which every struggle Trader goes through.
Every quarter the earnings season leads to a handful of companies. Surprising the markets big or disappointing the markets. These companies are rewarded by the market. Some make 50 to 300% or more moves in the next few months or quarters.
If you set up a way to systematically track earnings winners during this period, you can find such big winners. Even if you miss the first-day move, many of these make big moves later after a brief pullback or consolidation.
Earnings or sales surprise is what is most important to find such moves. This works best on stocks where the market has very low expectations.
The tools required to find such earnings winners are free. What is important is to have a systematic daily process to find them.
If you want to profit from such big moves you can study my previous posts on this blog about Episodic Pivots and Earnings.
