π΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Today I’m talking about brokers, fees, and what you need to know. My job — my duty — to you is to provide you with useful information. Here’s what I think about brokerages fees. And find out which two brokers I use as I play the stock trading game… Share this video with a fellow Trader: https://youtu.be/xmxcX5rZX2U β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2Yr2BKy Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ β
Recommended video: https://youtu.be/thZ15kNyzsU β
Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY Advanced Day Trading Tips: https://www.youtube.com/playlist?list=PLTKUP0v0mxhsG4FCc4go7v4EOvyeNubJS My Millionaire Students – Are You Next?: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ Trading with the Tims: https://www.youtube.com/playlist?list=PLTKUP0v0mxhvhVuORoUdAQ1yCAZ6RAI_R β
Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION
Today I’m talking about brokers, fees, and what you need to know. I'm really curious to know how many people actually have brokerage accounts and check their brokerage statements… Brokers actually don't like me because I tell people not to trade as much. Sometimes the best trade is no trade at all. Patience is key. My job is to help provide you with honest and useful information. So I’ll tell you which two brokers I use. But I don’t choose these firms because they’re better in some way or I think they’re amazing. I choose them because I find an advantage with them that I need to play in the stock trading game. Here are the two brokers I use: E-Trade and Interactive Brokers. Got questions about either? I can’t answer those. I’m not a broker. Reach out to them yourself. I’m just pointing you in this direction based on my personal experience. But I will get into this common question about broker fees: How much should you be paying and should you try to cut costs here? The answer is NO. All these little fees are generally negligible. Saving money on little fees here or there doesn't matter. You need to look at this game as a whole. Which broker can actually give you the tools and customer support you need when you're in a trade? I want to focus on the game. Brokers are necessary for me to be in the game. I need to be able to trade these stocks. If I'm using a specialized broker that has specialized fees, that can be OK. I want to make my money. I want to be in the game, trading the best setups. Remember rule number-one: cut losses quickly. Everything outside of the game is negligible, it's irrelevant. Don't focus on these little fees. Focus on how you grow your account. The whole game is about learning and working to improve over time. Tell the truth … do you stay on top of your broker statements? And which brokers do you use? Leave a comment and tell me what you think! #TimothySykes #Pennystocks #Investing —————————————————————————————————————-
Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.* —————————————————————————————————————-* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/
Category Archives: Stock Trade Resources
Answering Stock Questions with My 6 Figure Short Selling Student
π΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Share this video with a fellow Trader: https://youtu.be/riEVth7L1uA β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2GM8R4v Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Get the Complete Penny Stock Course here: https://amzn.to/2EE4vMx Get the Trading Tickers DVD here: https://profit.ly/store Read my book, The American Hedgefund here: http://timsykesbook.com/ β
Recommended video: https://youtu.be/TyQxulssSsM β
Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY Advanced Day Trading Tips: https://www.youtube.com/playlist?list=PLTKUP0v0mxhsG4FCc4go7v4EOvyeNubJS My Millionaire Students – Are You Next?: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ Trading with the Tims: https://www.youtube.com/playlist?list=PLTKUP0v0mxhvhVuORoUdAQ1yCAZ6RAI_R β
Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n #TimothySykes #Pennystocks #Investing —————————————————————————————————————-
Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.* —————————————————————————————————————-* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/
More Answering Stock Questions with My 6 Figure Short Selling Student Videos
Q&A with My Newest Six Figure Profit Student
π΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Share this video with a fellow Trader: https://youtu.be/riEVth7L1uA β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2GM8R4v Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Get the Complete Penny Stock Course here: https://amzn.to/2EE4vMx Get the Trading Tickers DVD here: https://profit.ly/store Read my book, The American Hedgefund here: http://timsykesbook.com/ β
Recommended video: https://youtu.be/TyQxulssSsM β
Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY Advanced Day Trading Tips: https://www.youtube.com/playlist?list=PLTKUP0v0mxhsG4FCc4go7v4EOvyeNubJS My Millionaire Students – Are You Next?: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ Trading with the Tims: https://www.youtube.com/playlist?list=PLTKUP0v0mxhvhVuORoUdAQ1yCAZ6RAI_R β
Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n #TimothySykes #Pennystocks #Investing —————————————————————————————————————-
Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.* —————————————————————————————————————-* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/
Making Your First Investment
π΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 A lot of people ask where they should ‘start’ investing. Wondering what your first investment should be? There are a lot of different answers out there, depending on who you ask. Here’s what I think, and it might not be what you expect… Share this video with a fellow Trader: https://youtu.be/jEpU0L_eyA0 β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2Mt44bM Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Get How to Make Millions here: http://howtomakemillions.com β
Recommended video: https://youtu.be/uu5kZ7O5Pbc β
Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY Advanced Day Trading Tips: https://www.youtube.com/playlist?list=PLTKUP0v0mxhsG4FCc4go7v4EOvyeNubJS My Millionaire Students – Are You Next?: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ Trading with the Tims: https://www.youtube.com/playlist?list=PLTKUP0v0mxhvhVuORoUdAQ1yCAZ6RAI_R β
Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
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Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION
A lot of people want to know what their first investment should be … So today I’ll dish my advice. But it might not be what you expect. My first investment was in baseball cards. And all those cards are worthless now… Obviously, I don't think that baseball cards are a good investment if you want to make money. But I do think collecting them taught me a good lesson in buying and selling. But if I had to make one investment right now, what would it be? Education. Education is the single most undervalued asset in the entire world. You need to invest in yourself and your education. Invest in something that can actually benefit your future. Think about what can you invest in today that will benefit you two, five, or 10 years from now as your education and experience grow. So for me, as a stock trader, I think it's important to invest in stock trading video lessons, DVD guides, and education. I think it’s imperative to study the stock market’s past. Once you gain enough knowledge, you can learn the process to grow your monetary account. I'll even give you one specific thing to invest in right now. Click the link just below to invest in my “How To Make Millions” guide. It’s 35 hours long. I think that you need to focus on whatever it is that you love. Focus on investing in yourself, your future, your hobbies, and your passion. Grow your knowledge account and build your expertise. That can translate into money over the years — that's how you can grow your account.** What are you doing to invest in your future? Leave a comment below and tell me! #TimothySykes #Pennystocks #Investing —————————————————————————————————————-
Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.* —————————————————————————————————————-* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/
How To Find Patterns To Trade Stocks
π΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 If you know me at all, you know I love patterns. I use them to my advantage.** I definitely have my favorite patterns. But I’m always looking for new ones. Here’s how you can apply a little science in your trading and learn to ADAPT! Share this video with a fellow Trader: https://youtu.be/qCA7tiMDn1Y β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2Ou1UIc Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ β
Recommended video: https://youtu.be/2QluSNLPnHw β
Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY Advanced Day Trading Tips: https://www.youtube.com/playlist?list=PLTKUP0v0mxhsG4FCc4go7v4EOvyeNubJS My Millionaire Students – Are You Next?: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ Trading with the Tims: https://www.youtube.com/playlist?list=PLTKUP0v0mxhvhVuORoUdAQ1yCAZ6RAI_R β
Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION
If you know me, you know I love patterns. I profit more often than not from predictable patterns.** Dip buying, morning panics on recent supernovas, shorting the first red day on recent pump and dumps, and buying the first green day — these are some of my favorite patterns. But how do you actually find these patterns? My most comprehensive guide is called "How to Make Millions." It’s 35 hours long, discusses my favorite patterns, and so much more. It all comes down to these patterns. Even though these are my favorite patterns, I'm always looking for new patterns. Even if I don't actually trade a stock, I'm always forming a thesis. So how do you actually find new patterns? Think of yourself as a scientist. You're researching all of this data and forming a thesis. Even if you find one great pattern that works, that’s no reason to stop looking for other patterns. The key is adapting. And ideally, you’ll have two or three go-to patterns. I’ve adapted my strategy many times over the years. And as I adapt, I test with a small amount of money. That's essential. Even if you have a pattern that makes a lot of money, always test. Either paper trade it or trade it with a small position — see how you do. The StockstoTrade software has a paper trading feature so you can trade stocks without risking real money. It’s a great way to practice and test different strategies and patterns. You want to form a thesis and watch for the pattern to occur again. Also, keep meticulous records of your research. Always focus on how you can improve. What can you learn? And you don’t have to trade big or buy a thousand shares. Learn to modulate your position size. Test different patterns. Maybe you don't like reverse splits or you want to get into short selling. That’s today’s lesson: Think like a scientist. Learn patterns, always adapt, and never surrender. Never be content with just one pattern. What’s your favorite pattern to trade and how did you discover it? Leave a comment below and tell me! #TimothySykes #Pennystocks #Investing —————————————————————————————————————-
Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.* —————————————————————————————————————-* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/
Why Do I Teach? with Timothy Sykes
π΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Since I’m a successful trader, a lot of people can’t fathom why I’d teach. Or why I love teaching. Or even why I’d want to help others do well in the market. Let me set the record straight. Here’s why I’m really passionate about teaching you how to be a smarter trader… Share this video with a fellow Trader: https://youtu.be/TyQxulssSsM β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2LNt3aA Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Check out my profit.ly profile: https://profit.ly/user/timothysykes Check out Pencils of Promise: https://pencilsofpromise.org/ β
Recommended video: https://youtu.be/emihLg6EPo0 β
Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY Advanced Day Trading Tips: https://www.youtube.com/playlist?list=PLTKUP0v0mxhsG4FCc4go7v4EOvyeNubJS My Millionaire Students – Are You Next?: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ Trading with the Tims: https://www.youtube.com/playlist?list=PLTKUP0v0mxhvhVuORoUdAQ1yCAZ6RAI_R β
Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION
A lot of you ask the same questions: Why would I teach if I'm such a successful trader? Why would I give all my knowledge away? The answer’s simple: Because I freaking LOVE it. I love sharing my strategies and lessons with you. I love motivating you. I'm here to be the teacher to you that I never had. I wish someone had given me the rules and lessons and patterns that I give to you. I learned the hard way. Although, really these patterns can be pretty damn predictable. Quick legal disclaimer (gotta keep the lawyers happy): Past performance is not indicative of future returns. Most people think penny stocks are scams. Most people who trade them tend to be financially naive. They don’t know the rules. I've never seen a niche filled with more lies and misinformation than penny stocks. I’ve made millions of dollars off that inefficiency — short selling a lot of scams and buying a lot of pumps early in my career.** I love correcting misinformation. I want to help people understand penny stocks and how they can learn to trade them. I see the future of trends. I'm taking advantage of the inefficiencies that exist with penny stocks. I love teaching and sharing my knowledge about them. I want to teach you to take advantage of them just like I have. But remember that legal disclaimer: Part performance is not indicative of future returns! I'm not here to be your best friend. All I can do is teach you what I’ve learned and be transparent. It's not about any one pick, it's not about a hot stock. It's you versus you. Do you have the discipline? Are you trading profitably? Leave a comment below and tell me what you’ve learned from my lessons and how you’re working to improve. #TimothySykes #Pennystocks #Investing —————————————————————————————————————-
Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.* —————————————————————————————————————-* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/
Why Do I Teach?
π΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Since I’m a successful trader, a lot of people can’t fathom why I’d teach. Or why I love teaching. Or even why I’d want to help others do well in the market. Let me set the record straight. Here’s why I’m really passionate about teaching you how to be a smarter trader… Share this video with a fellow Trader: https://youtu.be/TyQxulssSsM β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2LNt3aA Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Check out my profit.ly profile: https://profit.ly/user/timothysykes Check out Pencils of Promise: https://pencilsofpromise.org/ β
Recommended video: https://youtu.be/emihLg6EPo0 β
Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY Advanced Day Trading Tips: https://www.youtube.com/playlist?list=PLTKUP0v0mxhsG4FCc4go7v4EOvyeNubJS My Millionaire Students – Are You Next?: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ Trading with the Tims: https://www.youtube.com/playlist?list=PLTKUP0v0mxhvhVuORoUdAQ1yCAZ6RAI_R β
Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION
A lot of you ask the same questions: Why would I teach if I'm such a successful trader? Why would I give all my knowledge away? The answer’s simple: Because I freaking LOVE it. I love sharing my strategies and lessons with you. I love motivating you. I'm here to be the teacher to you that I never had. I wish someone had given me the rules and lessons and patterns that I give to you. I learned the hard way. Although, really these patterns can be pretty damn predictable. Quick legal disclaimer (gotta keep the lawyers happy): Past performance is not indicative of future returns. Most people think penny stocks are scams. Most people who trade them tend to be financially naive. They don’t know the rules. I've never seen a niche filled with more lies and misinformation than penny stocks. I’ve made millions of dollars off that inefficiency — short selling a lot of scams and buying a lot of pumps early in my career.** I love correcting misinformation. I want to help people understand penny stocks and how they can learn to trade them. I see the future of trends. I'm taking advantage of the inefficiencies that exist with penny stocks. I love teaching and sharing my knowledge about them. I want to teach you to take advantage of them just like I have. But remember that legal disclaimer: Part performance is not indicative of future returns! I'm not here to be your best friend. All I can do is teach you what I’ve learned and be transparent. It's not about any one pick, it's not about a hot stock. It's you versus you. Do you have the discipline? Are you trading profitably? Leave a comment below and tell me what you’ve learned from my lessons and how you’re working to improve. #TimothySykes #Pennystocks #Investing —————————————————————————————————————-
Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.* —————————————————————————————————————-* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/
How to Protect Your Money In a Trade
How To Know When A Stock Is A Pump and Dump
[How to Know if a Stock Is a Pump and Dump] Keywords: π΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 One of my favorite patterns is to short the first red day on a pump and dump. I want you to learn how to trade smarter. Remember, it’s said that around 90% of traders lose. That’s why I think it's so important to be fully transparent and show you every single trade I make. Here’s what a pump and dump is and how you can learn to spot them. Share this video with a fellow Trader: https://youtu.be/IfK5wS6ADi0 β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2Ou1UIc Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Get The Complete Pennystocking Course here: https://amzn.to/2EE4vMx Get my Pennystocking Framework DVD here: https://profit.ly/store β
Recommended video: https://youtu.be/thZ15kNyzsU β
Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY Advanced Day Trading Tips: https://www.youtube.com/playlist?list=PLTKUP0v0mxhsG4FCc4go7v4EOvyeNubJS My Millionaire Students – Are You Next?: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ Trading with the Tims: https://www.youtube.com/playlist?list=PLTKUP0v0mxhvhVuORoUdAQ1yCAZ6RAI_R β
Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION
One of my favorite patterns is to short the first red day on a pump and dump. So how do you spot this pattern? And what the heck is a pump and dump? I want to you be a smart, self-sufficient trader. You gotta remember that about 90% of traders reportedly lose. That’s why transparency is so important to me and why I show every single trade — win or lose. I share how much I’m risking. And it’s not just one screenshot, one trade. I’m open about every single trade. A pump and dump is when a company — or an insider, investor, or third party — pumps up the stock. They hype it to try to bump up the stock price so they can sell their shares or do a financing. They pump up the stock price, then dump the shares. That's a pump and dump. And when these stocks are spiking, it can be a good time to short sell or bet against it. So how do they pump the stock? It can be through a press release or a social media campaign. A lot of these companies invest money to promote their stock. Why? Because they want the stock price to go up. Why is this useful? I'm just trading the price action and the technicals. This is how this game usually plays out. I’ve seen it a lot. I'm not even amused by it anymore, and I’ve learned how to profit from it.** You have that first red day in the chart … The whole goal is to get people to believe in the company and buy the stock. After five to seven days in a row of the stock being up and then the volume drops a little, there's not as much buying happening. That’s usually the first sign that the pump is over. Let me give you one quick note here: If you're waiting for the first red day to short, often there are no shares to short. A lot of traders know about shorting the first red day now, so you kinda have to anticipate the first red day, which isn't as easy. That said, three of my patterns — catching the bounce, dip buying, and the long kiss goodnight — are all covered in my Pennystocking Framework course. Personally, I enjoy dip buying the morning panics. But you need to study, experiment, and practice to find what works best for you. What patterns work best for you? How do you play pump and dumps? Leave a comment if you like trading dip buys… #TimothySykes #Pennystocks #Investing —————————————————————————————————————-
Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.* —————————————————————————————————————-* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/