Inflation keeps pushing prices up. You’re feeling it, I’m feeling it … it’s rough.
And on top of that, the overall markets have been bearish for months.
But don’t lose hope. There are still opportunities to profit in this market.
In fact, if you watched my video lesson on the morning of July 6, 2022, I prepared you to bank on Yatsen Holding Limited American Depositary Shares (NYSE: YSG).
If not, don’t worry. I’m putting out new video lessons all the time, and there’s gonna be another opportunity.
Here’s how I find these stocks …
I trade more than one pattern.
We’re gonna talk about the one I used on $YSG … but every trader is different. This pattern might not work for you. So keep reading for some more options.
I was looking to take advantage of a big first red day on $YSG.
For this pattern specifically, I look for stocks that have run for a few days. Their price is way over extended and will probably crash hard.
My idea is to profit on a bearish move using option puts.
Right after I posted my video lesson, the stock tanked. Here’s a chart …
YSG chart Source: StocksToTrade
This is what I want you to learn from this post: there are crazy opportunities to profit right now.
I used this same pattern on another stock a few weeks ago …
And last month I had my biggest trading day EVER …
There are a ton of different ways to profit from these volatile stocks.
I discovered these trading patterns from Tim Sykes.
Sykes doesn’t use them to trade options, but that’s the beauty of the patterns.
They work in a bunch of different markets.
Matt Monaco has even used them to trade crypto.
If you want to go to the source …
Check out Sykes’ library of live trades and trading patterns.