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Two rules every trader should live by:
Rule 1: Make a trade plan
Rule 2: Follow rule 1
DONE!
Joking⦠but Iâm also not kidding at all.
Kyle Dennis attributes the majority of his nearly $10M in career trading profits to having a plan and sticking to it.
Itâs the backbone of his newest strategy: [Trade With Kyle](
So, the question becomes: How does one make a trade plan?
First, you need a stock thatâs primed for a move.
Kyle has made nearly $2.4 million dollars so far this year alone trading stocks around catalyst events.
Three main scenarios qualify as catalyst events:
- Earnings
- News Release
- Product Announcements
Now, if you wanted to, you could go pay thousands of dollars and subscribe to high-end news sites like the Bloomberg terminal.
In fact, thatâs what Kyle does.
But Iâm going to take a wild guess that you donât have tens of thousands of dollars lying around, because you wouldnât be reading this email.
Nor do you want to sift through all that information!
Plus, Kyleâs been doing this for nearly 7 years, so he knows what to look for much faster than you could piece it together.
Catalyst events trigger movement in stock price.
The easiest way to explain this is in a real-money trade example. And Iâm not even going to make you read it.
The stock ticker is: DEAC.
The catalyst event: A News Release - They announced a merger with Draftkings.
[Take 5 minutes and watch Kyle explain how a catalyst event informed the timing of this trade as DEAC moved from $10.50 to over $18!](
Yeah. $10.15 â over $18!
[Hereâs your 5 minute clip and full trade breakdownâ¦](
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[33:52 right here.](
[GO!](
[NOW!](
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Jeff Bishop
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