Itâs how you build good trading habits... Good Morning! Yesterday we had another incredible call out of the [Breaking News Chat]( And so many [SteadyTrade Team]( members nailed trades â I love to see that. But when the market opened, the stock was choppy. And you had volatility halts to deal with⦠So some of the best opportunities were in premarket. I donât recommend premarket trading if youâre new, but with more experience, you can [catch 80% gains in premarket]( using one simple ruleâ¦. Donât worry â if youâre new and avoiding premarket trading (like you should), I have trading tips for you too. Rules For Trading Premarket Runners In premarket, Nauticus Robotics, Inc. (NASDAQ: [KITT]( announced it was awarded a multi-million dollar [U.S. government contract](. The [Breaking News Chat]( team alerted it when it was trading at only $3.50 per share. If youâve been following me, you know that [government contracts are a huge catalyst](. So it definitely should've been top of your radar. And a few minutes later during [Pre-Market Prep]( it was alerted as a chat pump. I liked that KITT checked the boxes. - Low float
- Former runner
- Great volume
- News (In a cool sector.)
- Chat pump And when we have all those criteria, what are the rules? We have two⦠Buy In Pre, Sell In Pre If you take a position in a premarket spiker, I always say buy in pre, sell in pre. If you have profits, lock them in before the market opens. Because thatâs when you can get choppy price action. Plenty of traders in the [SteadyTrade Team]( locked in profits in premarket. They took their 30 or 50-cent per share move and they were out. And thatâs the safe play. By the time the stock was trading at $5.50, it was up $1.50 per share from the chat pump. It doesnât matter if the stock went up to $9 in premarket or after the open. They took [safe trades](... And you can always get back in. But when the stockâs a chat pump⦠Wait For a Dip and Rip Post 9:45 a.m. I like to wait for a post 9:45 a.m. [dip and rip]( on chat pumps because nine out of 10 fail at the open. But this rule can also save you from getting chopped around in moves like KITT had yesterday morning. It ripped above the $6 premarket high, but it happened before 9:45 a.m. And the move came right after a halt and quickly failed. The rule kept you safe! But if you miss the move in premarket, and donât get a [post 9:45 a.m.]( dip and rip, it doesnât mean all is lost⦠More Ways to Trade Premarket Runners Like KITT When you have big runners like KITT, there are always multiple ways to play it. Having rules doesnât mean you have to miss a trade. They just help you focus on the [highest probability moves]( So if a big premarket runner goes wild at the open and spikes straight up â look for an [afternoon VWAP hold pattern](. Or if it becomes a wild spiker that halts all the way up and doesnât give you an entry⦠We let it calm down, and if it closes near its daily highs, we watch it for a [weak open red to green]( move the next day. I lay these rules out every day for [Pre-Market Prep]( and [SteadyTrade Team]( members⦠And if you follow the rules, stay disciplined, and have realistic expectations youâll get rewards over time⦠Because [the reason most people fail]( is that they try to get rich today. What I teach traders is how to build good habits now, so you can build a career being a consistently profitable day trader for many years to come. Have a great day everyone. See you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade sponsored [Important Message from Customer Service]( Hey, Tim Sykes here⦠My publisher Zak normally operates in the background. But thereâs something urgent happening tomorrow⦠So urgent that he had to record a short video to explain this critical situation. [Click here to see his message.]( Just make sure you see it before tomorrow. sponsored [Are Americans About to Get Wiped Out?]( Runaway inflation, a declining housing market, and one of the worst stock markets in 85 years have put Americans on the brink. No wonder 60% of them are living paycheck-to-paycheck. If your back is against the wall⦠[This could be your only option]( Recommended Membership Gifts ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. [To The Moon Report Weekly Stock & Crypto Watchlist]( [Stock Market Safety Course By Millionaire Trader Tim Sykes]( [Facebook]( [Twitter]( [Instagram]( [YouTube]( [Spotify]( [Click Here to Unsubscribe]( (As an Amazon Associate, we earn from qualifying purchases.) 13809 Research Boulevard, Suite 500, Austin, TX 78750 *Please note that these kinds of trading results are not typical. Most traders lose money. 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