It is no coincidence that I x2 account this year, this is the process that I have implemented (step by step) …
Hello whole family!
Nick Schmidt, an experienced trader, has achieved incredible success over the past year with three outstanding growth stocks, helping him x2 trading accounts.
But this achievement does not come from random luck. It was the result of a systematic trading process that he developed and applied consistently.
In this article, Nick will share with you step-by-step details in the strategy he uses – from how he finds the idea of daily trading, to how to organize and manage stocks in the list. follow.
This process not only helps Nick optimize profits, but also helps him maintain discipline, focusing on quality and limiting turbulence in the volatile market.
Now we start!
I have 3 stocks that have more than doubled this year.
Not thanks to luck, but thanks to my process.
This is how I do it, step by step:
Step 1: Scan the daily trading volume
The ‘Up on Volume’ screen in Deepvue (an application for investors, which helps them access market information quickly and visually) is where I found 95% of my trading ideas.
Any stock worth trading will appear here. When you see the stock on this screen, just add it to the appropriate watchlist (watchlist) and patiently wait for the best setup to appear.
The number of shares appearing in this screening (scan) is like an indicator of such personal width. Over time, I understood the market situation in this way.
If the market is weak and you see many consecutive days with many results → v
In contrast, many consecutive days with few results → x
Step 2: Sort into 3 watchlists
Every stock I like is distributed into one of the 3 watchlists based on their characteristics:
- Cumulative stocks (Basing)
- There are signs of a sharp increase (Any Surge)
- Changes in properties (Character Change)
This helps me track different setup styles and maintain discipline while waiting for the chart to progress.
Watchlist #1: Cumulative stocks (Basing)
Cumulative stocks are those that are building a large price base on the week chart (weekly).
They are not yet prominent, so most traders often ignore them. But the early follow-up helped me catch the price hike before it exploded, when the stock was still unnoticed.
Example 1: $SMCI – One of my best deals this year.
While most of the traders were not focused on $SMCI when it was in the accumulation phase, I was following it closely, so that I noticed subtle signals such as shrinking prices (tightening) and higher bottom level (higher low). This allowed me to join before it exploded.
Example 2: $APP
To emphasize why you want to track growing price platforms instead of waiting, see the same model as $SMCI.
The right side of the price background is narrowed and the price creates higher bottoms before moving.
(Currently trading at $158!)
As I said, if bought at owl breakout (breaking), with my system is late.
Tracking the cumulative stages on the week chart when they look pretty boring “” will help you notice things that normally you won’t see.
Watchlist #2: There are signs of a sharp increase (Any Surge)
When I saw a sharp increase in trading volume, I didn’t care what the chart looked like.
It may be messy or has increased a lot. All I care about is that this increased volume tells me that this stock may still go away. I just need to be patient and wait for the setup.
For example: $ONON – Large volume, Risk:Reward ratio (risk / reward) is perfect after a few months.
I added $ONON to the “Any Surge” watchlist after a spike in volume (volume). No command entry is clear, but I know volume is a sign to track.
4 months later, it brought the perfect entry point when the price weakened, which I only noticed thanks to its long tracking.
Such volume spikes mark the beginning of a new trend, but do not mean that there has been an opportunity to trade.
By keeping it on the list and tracking waiting, I got a deal with the great Risk:Reward ratio when most people still thought it was not promising.
Watchlist #3: Changing properties (Character Change – CC)
This is my favorite setup to participate in new uptrend early. This requires waiting for specific signals on the week chart to show that the long-term trend is likely to be going up.
For example: $PTON
Peloton has been stuck in a downtrend for more than two years, so I didn’t even consider buying until it started giving evidence that the downtrend might have ended.
This is what I was looking for in the setup “Character Change”:
- Higher bottom level (Higher Low): Instead of falling to a new bottom level, the stock holds a little higher. This sign is very subtle, but it is an important signal that the character of the stock is changing. (This can be considered a retest of the old bottom level, which does not produce a clearly higher bottom level, so you can assume that the score 3 on the chart is also the first higher bottom level. But this doesn’t matter, because by score 3, you’ve got all 3 necessary evidence.)
- Mass boom (Volume Pop): This was followed by a sharp increase in volume, accompanied by a significant price fluctuation. However, I did not buy just because the volume increased sharply — I needed to add another confirmation.
- The transaction narrowed around the moving average of 10 weeks: After the volume increased sharply, PTON began trading in a narrow margin near the top of that price increase and was close to the 10-week moving average. This is when I’m really attracted, because even if the transaction fails, I can’t stress enough … the Risk:Reward ratio of these sets is impressive.
The most important thing here is patience!
I am not in a hurry to participate when the stock is still in a downtrend. I waited until it created a higher bottom level, showed signs of bursting in volume and began to respect medium road 10 weeks dynamic.
By the time I joined, the downtrend had often ended for a while. I let the stock prove itself first!
Step 3: Reassess the list of “Spaces” every day
All three of these watchlists merge into my “Universe” (Universe) list in Deepvue, automatically incorporating them into one list.
I will reevaluate this list every day to see which stocks are changing and become feasible to trade. This makes reevaluation every day super easy.
Step 4: List of “Concentration”
When a stock seems ready to give me points to the ideal command (narrow, pullback, etc.), I will move it to the “Focus” list (Focus).
This list is very small — with only a maximum of 5-7 shares. By the way, I can focus on the most viable setups of the present time.
Comments Keep your “Concentration” list compact!
Don’t waste energy tracking 50 stocks of the day just to find points to the command.
Just focus on a small “Focus” list of 5-7 stocks to get a chance to catch the best real setup.
Too many stocks → too many noise signals → perform poor transactions!
And that’s my process for finding the best setups every day:
- Screening on ‘Up on Volume’
- Classify into 3 watchlists
- Reassess the list of “Spaces” every day
- Add the most viable stocks to the “Focus” list (up to 5-7 shares) to focus on quality and maintain discipline.