How to Trade Gamestop's Supernova Pattern

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  • Опубликовано: 27 янв 2021
  • ► / garenphillips
    m1.finance/9eIoajZ16ZdO -Start an account
    act.webull.com/i/undefined/d5e/ - Start an account
    share.robinhood.com/garenp - Start an account
    __________________________________
    ►Books - Must Read List◄
    Rich Dad Poor Dad amzn.to/3amJPpq
    Rich Dad Cashflow Quadrant amzn.to/2UzpdU8
    The Richest Man in Babylon amzn.to/33SOTPX
    Extreme Ownership amzn.to/3atZXFC
    The Magic of Thinking Big amzn.to/39oORAG
    12 Rules for Life amzn.to/3aptjnG
    Man's Search for Meaning amzn.to/3as6AIL
    Principles by Ray Dalio amzn.to/33OmY3A
    __________________________________
    ________________________________________
    Explaining how gamestop ticker GME went supernova and the technical patterns behind it. how it can be day traded or swing traded. short squeeze, supernova, pump & dump pattern

Комментарии • 108

  • @pavlovssheep5548
    @pavlovssheep5548 3 года назад +3

    ... as Melvin Capital does not have the funds to pay for the shares it is legally required to buy. . when people sell there shares to Melvin Capital they may not get any money for them.
    so before robin hood can buy any more stock on your behalf. - robin hood and there clearing house has to give liquid assets at moment of sale (was 2% now is 10% because of risk)
    so until robin hood (+ there clearing house) are able to produce the liquid funds they can not buy any more of that stock.
    robin hood is still able to sell stock to different clearing house who does have the liquid funds available
    basically robing hood needs to get more liquid cash flow , before it is aloud to buy anymore gamestop shares

    • @GarenPhillips
      @GarenPhillips  3 года назад

      thanks for the clarification. Going to be diving into it more if I have time tomorrow

  • @MontzMartin
    @MontzMartin 2 года назад

    Thanks for your videos about investing, the one you created 4 years ago was really helpful 👌took a lot of notes. I wish success in everything you do 💪

  • @ALITPUMPA
    @ALITPUMPA 3 года назад +1

    One of my friends is in a boiler room Discord. But it’s only certain people who can join. So I can’t atm. He and this GameStop rise is what have gotten me to start.

  • @logeenygames
    @logeenygames 3 года назад +2

    So glad I’m still subscribed to you. Always love your stock videos

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

  • @ALITPUMPA
    @ALITPUMPA 3 года назад +1

    Is there any good Stock Discords to join?

  • @eclectictrader5827
    @eclectictrader5827 3 года назад +6

    This isn't the greatest video to learn how to trade this pattern.
    This channel isn't bad, but don't take much advice from his stock trading experience.

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      👆w~h~a~t~s~a~p~p~

  • @gavinolivas7826
    @gavinolivas7826 3 года назад +3

    Good stuff man

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      👆w~h~a~t~s~a~p~p~.

  • @gabbishleegifted4752
    @gabbishleegifted4752 3 года назад

    I appreciate the channel bro. Keep it up!
    I’ve actually taken some good stuff from these trading videos.
    Dismiss the haters- they can’t sit with us haha.
    Godspeed with whatever you find yourself doing.

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      👆w~h~a~t~s~a~p~p~

  • @cookingwithzahra459
    @cookingwithzahra459 3 года назад

    Nice sharing dear friend

    • @pinned.by.taikimaeda460
      @pinned.by.taikimaeda460 2 года назад

      Thanks for your comment, will introduce you to something totally different and quite profitable
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  • @BhikkhuBear
    @BhikkhuBear 3 года назад

    What is your podcast? I’ve been watching all your videos recently and you talk about some really interesting things I’d love to check out the podcast as well.

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      👆w~h~a~t~s~a~p~p~

  • @HandBananaE1337
    @HandBananaE1337 3 года назад +3

    So what happened to the insurance agency?

    • @GarenPhillips
      @GarenPhillips  3 года назад

      left old company, hunting for a new one that fits what i'm looking for. That's the Dallas trip

    • @HandBananaE1337
      @HandBananaE1337 3 года назад

      @@GarenPhillips I gotcha 👌🏽

    • @HandBananaE1337
      @HandBananaE1337 3 года назад

      @@GarenPhillips btw my brother works for an insurance company in California called American Income and he likes it. They have one in Texas called the Vasu Agency of American Income.
      Just thought I’d throw it out there. Best wishes man. Been watching your vids for awhile now and enjoy the updates.

  • @aishkoz
    @aishkoz 3 года назад

    I always check your stonks videos. good explanation

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      👆w~h~a~t~s~a~p~p~

  • @kipptrummel2476
    @kipptrummel2476 3 года назад +20

    you barely know what you are talking about.....

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      👆w~h~a~t~s~a~p~p~

  • @roostermako6749
    @roostermako6749 3 года назад +2

    i hope you were less fundamentally prudent on this and got in somewhat early.

  • @voztrades
    @voztrades 3 года назад +2

    lmao he deleted my comment about him being a failed day trader talking about a hot topic for adsense revenue... So here it is again

    • @voztrades
      @voztrades 3 года назад

      @Ron Yates bro wtf i hit you up and i lost 70 grand

    • @carlos3048
      @carlos3048 2 года назад

      @@voztrades 😂

  • @Euphratesz
    @Euphratesz 3 года назад

    you could sell the stock, the brokers removed the option to buy the stock

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      👆w~h~a~t~s~a~p~p~

  • @igcetra
    @igcetra 3 года назад

    2:17 was this a reference to PHP?

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      👆w~h~a~t~s~a~p~p~

  • @cristinas737
    @cristinas737 3 года назад

    Nice explanation 👍

  • @eduard_turaliev
    @eduard_turaliev 3 года назад

    Why all your videos are so dark? You should think about adding more light to make the picture colorful.

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      👆w~h~a~t~s~a~p~p~

  • @BearsaintPG
    @BearsaintPG 3 года назад +13

    WOW dude, I've never seen someone casually go rock bottom. You put out a video years ago on how you taught yourself to day trade in a week (clearly crashed and burned), then you ditched and started selling life insurance (because they'll hire anyone with a pulse), and now you're band-wagoning on a one off squeeze name with dangerously poor understanding and misinformation. You are really hurting viewers that don't know better....

    • @gabbishleegifted4752
      @gabbishleegifted4752 3 года назад +1

      Orrrrr he is just sharing things with us that he feels might be relevant topics to those that actually are interested?
      I don’t think he ever tried to make it seem like he was gonna start an investing education channel- just sharing his experiences, approaches and considerations. .. you know.. being friendly and down to earth.. Some people still are.
      And he said he was self taught and he encourages people to do the same- as he has done the last four years.
      Most day traders have other jobs. Especially jobs like insurance because your time is your time.
      People can be so toxic- I pray you find a good wash 🧼

    • @shanesmith5460
      @shanesmith5460 3 года назад +2

      Im with special k.. this channel was cool.. and now, its not.

    • @randytrashcan
      @randytrashcan 3 года назад +1

      @@shanesmith5460
      100%. I'm here for the laughs at this point.

  • @broneatsai8238
    @broneatsai8238 3 года назад

    You are still learning

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      👆w~h~a~t~s~a~p~p~

  • @anthonyy_vivid5438
    @anthonyy_vivid5438 3 года назад +2

    Stonk

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      👆w~h~a~t~s~a~p~p~

  • @sandiago7564
    @sandiago7564 3 года назад

    NOK NOK NOK,

  • @Pmz604
    @Pmz604 3 года назад

    Nice vid..nicely done

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      👆w~h~a~t~s~a~p~p~

  • @vincentnnyc
    @vincentnnyc 3 года назад

    Wait I thought u stop being a day trader cause u blown up ur account?

  • @noahvillalpando
    @noahvillalpando 3 года назад +1

    First

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C.

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      👆w~h~a~t~s~a~p~p~.

  • @shanesmith5460
    @shanesmith5460 3 года назад

    Quick advice, start a trading vlog series with regular updates (1 maybe 2 times a week).. stop with the random one off videos, makes it difficult to want to keep coming back to the channel.. or keep hemorrhaging views..

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you to Mr Brandon to start making millions in ..🅱️..T..C

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      W

    • @ADMIN-hr5ks
      @ADMIN-hr5ks 3 года назад

      👆w~h~a~t~s~a~p~p~

  • @jaywhited1174
    @jaywhited1174 3 года назад +7

    You sound like you knew nothing about the short selling on GME until halfway through your video. You should do a little more research before you try to make a video. Also, nobody wants to listen to you talk with the waitress. I guess you're so busy and productive that you have to multi-task at my expense?

    • @BearsaintPG
      @BearsaintPG 3 года назад +5

      I highly recommend people look through this channel's history and see if any prior advice has merit. The channel as a whole has not aged well and this guy is a wannabe MLM influencer (somehow worse than a normal MLM)

    • @jimh472
      @jimh472 3 года назад

      And 10 minutes in before "short squeeze" is even mentioned...which is what this is ALL ABOUT.