TRADING TIPS

Two Quick Questions

Hubert Senters here. In last week’s video someone asked if there’s a way to trade stock on Bitcoin or Options on Bitcoin. There wasn’t one that I knew of. Now, I knew about this when other people send to GBTC is a Bitcoin. I think it has 10 percent of Bitcoin or something like that so. It’s not going to be perfect but that’s the best fit that myself and everybody else is watching and listening to these videos came up with. You could always trade a Bitcoin just trade a fraction of a Bitcoin. That would probably be the cleanest but heads up, Bitcoin is crazy. Like all the rest Cryptos it’s wild. It has been going nuts lately. And then from there got another follow-up question from Larry with pre-covid ’19 vaccines and covid test kit companies when would you say that you might pick at the stock prices? I would do it right now. I will start looking at mine comparing and figuring out which one looks technically the best two year high. This is what I would do. I wouldn’t pay attention to the fundamentals much because right now everything is a buy. Everything just continues to go up. It won’t be like that forever but right now I would pick the three companies that you’re talking about either vaccines or test kit companies. And I would plot all of them and I would compare and see which one of those five companies look the strongest and I would buy one pullback and break down. Pullbacks and breakouts I should say. I would also have the ability to trail a stop pretty agressively because that stuff will probably run both up and down pretty fast depending on what’s going on. Now, talking about the wild, crazy environment we’re in Mark Helweg is doing a webinar ”The Simple Way to Trade These Complex Market Conditions.” It is going to be Wednesday, December 30th at 8PM EST. I will HYPERLINK you to the registration page. Good luck. Hope it helps. See you on the next video. Hubert.  

1 Comment

  1. Jim White

    you can also use RIOT which is a blockchain producer for bitcoin

    Reply

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