Intel just announced it's latest earnings and it was more than expected and earnings beats estimates which sent the stock soaring high on Friday. As usual, I had traders trading this stock and made $$ out of it. From the chart wise, the signal wasn't so obvious and hence I did not trade myself. In the 5 minute chart, as you can see, the stock gap up and stayed strong throughout the whole session. As I see more and more of my traders shifting towards the US market, over the weekend, I had a meeting and decided to launch a new service dubbed as the Ron K Traders Network soon. It's going to be something exciting as trading US stocks is more profitable and faster than the slow couch Singapore stocks.
Hence, I had posit 4 key steps into trading US stocks wisely. These are the 4 steps which helped me over the years and I seldom deviate away from it or I might lose $$. I am currently in search of good traders who can trade good lot size in the US market to help me in trading and in the process of looking for a few good ones, I expect them to memorize those key steps and never commit silly mistakes. I will post more here in days to come.
Ron K - A Game Changer