Okay folks, so we need to talk violently about a specific stock that has a very high likelihood of exploding upon introduction in the next 48 hours. And if you're going to play it, you want to make sure that you're strategic about it or you're going to blow up. And of course, first, as always, we're also going to be giving you an update on our other major plays and the only thing I ask in return is that you hit that ravishing like button and also don't forget to subscribe. Also, quick plug if you'd like to learn how to trade.

With our step-by-step lessons, our private chat, and our daily morning briefings where we brief on all the latest catalysts in the market, Well, I'll go ahead and put a link to Zip trader you below. putting in coupon code youtube15 before checkout will get you 15 off. Okay, let's go ahead and start with some violent updates about our major plays, and this was certainly a fairly murky day across all the major indices and certainly the Arc plays as we await the next inflation report from the Fed tomorrow. So, Baba Goshii Baba had a nice bounce today as investors took a sigh of relief after months of worrying about the Chinese crackdown.

We talked yesterday about how the long-winded crackdown culminated in Baba getting hit with a little bit of a fine and now Baba set back on the path to recovery. Today we got some of that bounce, but we do have a lot more of a ways to go. There's a lot more upside here. Okay, new one.

So last night we put out a notification saying that Microsoft is reported to be in talks to buy a new one at 56 a share. However, it had closed at about 45.58 cents at the market close. which meant if that deal goes through cha ching. We said keep an eye on it in the pre-market and it gapped way too quickly.

But the learning lesson is that when you have acquisition talks or rumors that often could serve as an opportunity to buy it at a discount below the anticipated purchase price and then write it as it gets factored in. Now, the less certain the deal is to happen, the better deal you're going to get because the more risk you're taking on. But when acquisitions do get confirmed, they can definitely over factor that in. And that's what we saw with Nuan this morning.

And while this has already happened, it's an important lesson for folks, because this sort of thing comes up every couple weeks. so next time you see something like this in the headlines, you'll know what it is. Okay, remember Voozi. She was quite the doozy Really hammered last week locking in profits on Voozie.

I think I made like three videos in a row saying make sure you're locking in profits on Woozy Why? Because the market cycles back and forth and during the dow trends, Voozi is a very high beta stock, so that means it's going to get destroyed during downtrends. so important to make sure that you're locking in profits when you have the uptrend. Unless you have the stomach to hold through volatility with woozy though, this made more sense to lock in profits and then wait to get back to that lower juicy 20 level. We'll be back with Voozi soon enough.

Let's get a little bit more of a discount. Okay, Our Bitcoin miners Mara and Riot were doing okay today, and with Bitcoin still hovering around that 60 000 level, I gotta admit, it's boring the heck out of us. Let's get some activity, folks. Even if it's a sell-off, let's get some life into Bitcoin.

I just got five dislikes when I said sell off, but you know what I mean. We thrive on activity. We don't like slowness that much. Another thing is, a lot of people talk about Bitcoin.

They're like bitcoin needs to be regulated because there's so much illegal activity with it. Supposedly, if government was the one that was issuing the currency, criminal activity wouldn't be an issue. Anyone watch Breaking Bad. Don't forget that Walter White had 10 million in crypto kitties in his vault.

Oh wait, no, that was cash. How could the regulators let that happen by putting some numbers to it? A report shows that in 2019, criminal activity represented just 2.1 of all cryptocurrency transaction volume. In 2020, it fell to 0.34 It's probably going to follow a decent amount more because all these institutions are buying it, so they're making up a higher percentage of the overall transactions. Much much much more crime around the world is conducted using the Us dollar.

I'm not saying Bitcoin doesn't need some smart regulation. I think it would be very, very bullish for Bitcoin if it was smartly regulated, and we had a clear regulatory environment for it. Right now, people aren't really sure the outlook, so that's something that's putting a damper on the prices. If anything, you should be cracking down more on the exchanges.

That's where most of the illegal activity starts. Much like banks for cash, crypto exchanges for crypto can be the place where all the illicit activity starts. Anyways, on that line, I gotta talk to you about Coinbase. So, Coinbase is expected.

Ipo is April 14th. This is, of course, the company that is the largest Us-based cryptocurrency exchange, and it will be the first to get listed on the Nasdaq. This is likely going to be one of the hottest ipos of the year. With Coinbase clocking in at 56 million verified users, 11.3 percent of the entire crypto asset market share.

Being on that platform alone aka 223 billion dollars and a trading volume of 335 billion dollars, Coinbase is going to be quite the show. We often talk about institutional adoption of cryptocurrencies, especially Bitcoin, and Coinbase often serves as the middleman between institutions and the crypto market. For example, serving as the liaison for Tesla to buy their own Bitcoin. But also what separates Coinbase from the other growth tech ipos that we've seen is that Coinbase is extremely profitable.

It had a strong 2020, but it's already eclipsed those figures just in the first quarter of 2021 alone. So 2020 blew people away 2021. The first quarter blew 2020 away. So needless to say, this has a lot of potential this week.

But here's my take on ipos: New ipo is coming onto the market That's basically a wild west. There's a ton of hype, nobody really knows what the valuation median is going to be trading at, and so it just goes haywire for a good couple of days. This one, maybe even more than a couple of days. But in my opinion, Coinbase is going to be a very strong long-term player.

You just don't want to overpay for it. So my take is that if you want to play this long term wait for the price to settle down and the hype to sell off at first, Coinbase is going to get a ton of hype and probably get itself to a ridiculous valuation. But then it'll come down and that's when you want to snap it up for long term play. Now, I'm also going to be breaking from tradition a little bit.

for you short term traders that want a thrill ride with a small percentage of capital, Well, we may have a good hype play on our hands. You can definitely play some of the initial wild west ride setting the trailing stop loss and having some fun, but take some time to look at the other huge ipos. What happens? Well, a lot of the ones with hype will go up massively at open, get a direct cooling off and then you'll have another hype wave and then that basically keeps repeating until that first overall hype wave dies off and then you get into that fair deal for a longer term play. But the higher the valuation that it eventually introduces itself at, obviously the less likely we're going to have that appreciation.

But for folks who are considering taking a medium to long-term position in this, the only thing that I would suggest is making sure that you're waiting for the price to come back down. Okay, Lastly, the requested ticker of the day is actually a question of the day. Hello Charlie. He spelled Charlie wrong, but hello Charlie I have a cue for you.

After watching your videos for six months and staying on the sidelines, the market finally convinced me to enter in February 2021. It seemed too risky to buy tech plays in the fall and after the fall because the market was slow and I heard that we could potentially have a crash. But after watching many of of your plays continue to rally in January and February, I found into buying tech stocks for the first time. We know what happened after that.

However, since I waited, I ended up buying at all-time highs. I did not know anything about risk managing and I did not have enough capital to average it down. I'm starting to believe the market is rigged. Can you offer any way out of? this Tech hasn't broken into new highs.

Tesla's going to zero according to what I'm reading. Okay, there's a lot to unpack here. First of all, unfortunately, market psychology is such that most people won't buy into a stock until it's at all-time highs when everybody else is buying into the stock. That's just how market psychology works.

They feel safer because everybody else is buying it and it's getting consistent green after green days. So the mind associates those green after green days with being good. And just that alone would be fine if you had sort of a reasonable risk management plan. But the issue is the folks that aren't convinced to buy in until everybody else is buying in also happens to be oftentimes the demographic that is likely buying stuff that they don't have much of a conviction in.

nor do they have risk management in, because again, they waited until everybody else bought it. So obviously they were convinced by the fact that the crowd was buying it. So by nature they didn't have enough conviction to buy it when everybody else wasn't buying it. And unfortunately, that's going to be the demographic that is going to panic, sell and not average down.

One of the things that's always interesting because we've been through a lot of cycles like this, is that the longer that somebody participates in the market, the more they sort of understand the cycles. One of the biggest months for stock market youtube channels, and mine was February. Somebody who starts in February is going to have a very unfavorable view of the tech sector versus somebody who may have joined in November of 2020 or earlier than that. The market moves like a pendulum going back and forth, and unfortunately for new traders, sometimes you're going to get caught right at the top when the pendulum swings back.

Now, of course, on this channel when the tech sell-off started, and even before that we said make sure that you're not holding any plays that you don't have high conviction in. Why? Because you won't be able to take advantage of the opportunity, you won't be averaging down. You'll be panicking. So if you don't have the stomach to hold your down print, you got to make sure that you're cutting your profits or you're cutting your losses sooner in the game.

I think that oftentimes it's too easy to focus on playing offensive when you also have to have a good defensive. Defensive means cutting weak plays during downtrends. Offensive means taking strategic advantage of good plays during all market conditions, but really doubling down during sell-offs during the Coved crash of last year, it took the S P 500 five months to recover back to all-time highs, and that was a very impressive recovery. But if you had held high conviction place many of the plays that we talked about before the Kobe Crash, by the way, if you had held those and not averaged down, it would have taken you about five months to break even and you would have had to deal with self-doubt throughout that entire time.

Many people just couldn't deal with the self-doubt or the headlines every day, so they sold out at a loss. And that's human and everybody does that at some point. and nobody's perfect. I'm not perfect.

your neighbor Susan's not perfect. But if you had played a strategic offense and Dip bought aggressively during the downtrend and took advantage of the cycle, you'd have broken even in a third or even a fourth of the time because your average would have been down. You would have been buying good assets at really cheap prices. And that means that you'd be multiplying your upside as the stocks bounce back.

That's why averaging down on your high conviction place is so important. Now, I'm using the context of the Coronavirus crash because everybody knows that one. but there's a million different individual stocks and sectors of stocks that I could say the same thing with your time scale. Maybe a couple days, a couple weeks, a couple months, or even a couple years.

if you believe in the sector. If you believe in the stock holding, high conviction plays averaging down and then cutting plays that you don't believe in is always the way to go. So to go back to the question, I would go through and reanalyze all the plays that you're in. Cut out, your non-high conviction plays out at a loss.

Double check the high conviction ones and then average down on the high conviction ones. And if you don't want average down, at least be comfortable in the positions you have. We've had so many different periods where there's just huge dips in certain asset classes, and I always find that a subset of folks will unfortunately go and hold plays that they don't have high conviction in. and then if they're met with a slower market or a little bit more attrition, then it tends to really wear on them.

and that's an emotion that we all go through, but that's when it's so important to have that conviction. If you don't, then you got to use that risk management with the trailing stop losses with validation. But unfortunately, I find a lot of new traders tend to overlook the risk management defensive side of trading and tend to overvalue the offensive side of trading. I make add money to videos and top stock videos, but I also talk in each video about risk management, and I've watched a lot of other Youtubers in the space that you've probably watched too, and almost all of them also harp on risk management.

Yet when things go down, a lot of people still won't do the risk management. A lot of people can get sort of lost in the excitement of everything and that's just a lesson that everybody has to learn, but at the end of the day it's always the same game, so you just have to make sure that you're consistent and you learn as you go on. Anyways, folks, if you have any questions, feel free to reach out to us below or join us on Ziptrader Circle. If you'd like to learn how to trade, would like access to our daily morning briefings and of course our price targets list.

I'll go ahead and put the link to Zip trader you below. If you're wondering what broker to trade these stocks on, Well, Weeble. we'll give you some free stocks if you sign up and deposit with our link below as well. They are a fantastico broker for new and intermediate to advanced traders alike.

There's tons of great scanning tools, great resources for doing your due diligence, and of course they are commission free, so lots of things to consider if you're looking to join a new broker. Anyways, folks, have a great day and I'll see you in the next video.