How to take 0.6% profit from Tesla stock in just 5 MINUTES
- When2Buy Official
- Aug 7, 2024
- 2 min read
Our first live demo using our latest 30-min model.
We use the algorithm to capture the trend of the market.
This is an extreamly challenging use cases of the model.
We plan to do this type live trading multiple times (maybe every Wednesday morning in our discord channel, feel free to join)
I hope the session provided some valuable insights to everyone. I shared knowledge about how to identify support and resistance levels, how to perform 30-minute day trading on TSLA, 1-week trading, and 1-day trading on stocks like IWM, SHOP, and QQQ. I also demonstrated how to analyze technical charts and discussed recent trends in QQQ and NVDA, among other topics.
The most important aspect was showing you how to make a profit within a 30-minute window. In fact, we only spent around 5 minutes trading and ended with a profit of $6.32 on Tesla. The return rate was approximately 0.6%. I know this number seems small, but if we apply this strategy over an entire day or to a "1-week" frame, the returns can grow significantly. I believe most of you are familiar with the power of compound interest.
I think we achieved success with many stocks. In today's living, the success rate was around 80% (below my expectation of 95%, but I will keep optimizing it). The drawback is that while running this algorithm, I can’t do anything else(you know because I talked too much and it caused many errors shouldn't happen in today's living) since I have to constantly monitor the 1-minute price changes, which is quite intensive. This is not the lifestyle I want; I want to let AI handle this for me so I can focus on picking stocks with high volatility. This is also why I plan to turn the algorithm I demonstrated today into a product gradually, so everyone can use it for trading.
Here is the profit screenshot:
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