5 Steps You Should Take Every Morning - Timothy Sykes

5 Steps You Should Take Every Morning

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Below you’ll find my 5 Step Process that I feel everyone should utilize to get the best results and put you on track for success.

Download the key points of this post as PDF.

If you’ve watched my DVD guides (which are on sale here for 48 hours ONLY), seen my recent trades HERE of what kinds of trades are working best right now and read my recent blog posts like “Try This Every Morning And Youโ€™ll Make Money” and “The Best Play Thatโ€™s Working Well Right Now” you know it’s VERY important for me to look for hot stocks near the market open.

And even though I was traveling today, I still nailed one of the hottest penny stocks today as I detailed in this video lesson and as you can see from my solid $1,000+ profit trade on it:

And while making $1,000 doesn’t seem like big money, that’s how my top millionaire trading challenge students and I grew our accounts at the beginning and remember that’s more than enough to keep the real job away…so leave a comment below this post saying “I will make $1,000/day” if you understand and watch this video for further proof:

…and I even emphasized this specific point in yesterday’s blog post “My Thoughts On The Coming Week” and sure enough that mentality and strategy paid off nicely today.

So, here’s a simple 5-step process you can do EVERY single morning before the market open at 9:30am EST…ideally by 9:15am EST or even 9am EST so you’re not rushing right at the opening bell at 9:30am:

1. Check the biggest % gainers and other top scans that are built into this key tool since it’s built specifically for scanning the hottest low priced stocks which no other platform is built for…and it’s on sale for 48 hours HERE using coupon code save100

2. Out of whatever big % gainers you find, look at the news that cause the big % gain…is it an earnings winner that has the potential to be like this solid long pattern? Is it a pump that is better for shorting like this pattern? Or is it a pump on the verge of a big collapse that might make it a great dip buy like this pattern…or is it something else?

Study and get to know the most common and your favorite patterns ahead of time (researching these video categories meticulously helps a lot), see which patterns you’re best at capturing some of the big move on and ignore patterns you suck at…we’re all different so just because one pattern works for one trader does not mean that it’ll work for you, some of my top upcoming millionaire trading challenge students just have a few key patterns they’re good at:

…and also understand that just because a pattern has worked in the past does not mean it’ll keep working so you must adapt to changing patterns too, as my most successful trading challenge student has done well:

3. Stay out of the big % gainers without news — I usually ignore big % gainers without news as you have NO idea what’s causing the big run up so it could literally be a good long or short and you have no idea, it’s a coin flip and I would not be a successful trader if I liked 50/50 odds…that would make me a typical gunslinging gambler and I know too many traders who have fallen victim to trades with crappy odds just because they’re such degenerates that they need “action” all the time…it’s kind of sad that I have the most Millionaire trading challenge students and it’s 100% because most other teachers don’t emphasize the importance of being extra-picky and extra-safe when trading these volatile stocks, I’m a full-on coward in trading and teaching and I’m proud of it since it gives students the right mentality, even if brokers and gunslingers tell you to trade a lot more than my top students and I do…welcome to the industry that’s full of shit, where most brokers and “teachers” are on the verge of a very dangerous reckoning as I warned here.

4. Use my http://traderchecklist.com guide parameters to plan your trade BEFORE the market opens…we even have this handy free tool so you can plug in values like float, market environment and past performance of spiking as ALL of that matters when I make a trade…see today’s video lesson to see how I have internalized all of this over the years and am able to find the best stocks before most others put it all together.

5. Don’t be looking to trade ALL THE TIME, but be open to trading IF a play fits enough of the indicators I go over and over and over…then it’s just rinse and repeat, practicing your trading, even if you have no money using paper-trading here to get used to the volatility that these penny stocks have and trying to take trades with solid risk/reward…knowing that you won’t win 100% of the time — my top Millionaire trading challenge students and I “only” win 65-75% of the time, simply cutting losses quickly when we’re wrong and trying to capture “the meat of the move” on all the best plays of the day, understanding that the majority of volatility happens right near the market open and the market close and that’s why I have so many part-time students and traders too!

Posted in Basics

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58 comments

Timothy Sykes

Hey Everyone,

As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!

Which is why I've launched my millionaire challenge. Iโ€™m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.

So when you get a chance make sure you check it out.

PS: Don't forget to check out my free Penny Stock Guide, it will teach you everything you need to know about trading. :)

  1. Travis McReynolds

    Pounding it in. I love it! It’s unbelievable that more people don’t love on volatile low priced stocks. I’m glad they don’t but I’m perplexed as to why. Laziness and ignorance of the truth I guess. Great post Tim!!

  2. Eric

    I will make $1,000 a day to keep the job and boss away .. Working 30 minutes to and hour provides freedom and releases you from the. Modern slavery of a 9 to 5 .. Being somewhere you don’t want to be working for another persons dream, is not helpful for your personal growth.
    1. Ignore most stocks .. No news, no percent gain, they put you to sleep
    2. Ignore penny games
    3 ignore forcing trades
    4 ignore alerts from other traders (use them to learn, but miss them every time is ok.. it’s desired)
    5. Ignore midday , focus on first 30 minutes and the last 30
    volatility rules , but you gotta be nimble, and quick

  3. Julian

    Wow totally amazing. It is literal when you say is hard work. However it pays off. There is a lot to search for, to study and learn but I definitely know that if I stick to the rules and I learn from the ones who have had the results I’ll have them too. I will make $1,000/day!!

  4. Jared

    I will make $1000 a day.
    Practice makes better!!! If perfect was possible there would never be a lost trade…. I’ve been studying, winning and cutting losses early…. Tim does not know yet but I will be his first follower to have started with only $100 and grow it to 1 Million.

  5. SpaceBoundT

    I will make $1,000/day! Goal is $2,000/day but $1,000/day will be great too in my early stages as a trader.

  6. Scr1pt_K1ng

    Question — even if a stock has no news, but is a big runner. Could you check social media, try to figure out if it matches a pump and dump criteria, check short % and wait on the run to crack?

    Thanks for all you do!

  7. Andrew Taylor

    Tim! When you get back home you definitely need to give us some sports car motivation! Vroom Vroom!

  8. Anonymous

    I will succeed… I 4 sure will make @ least $1000.00 a day… tnx 4 all U do youngster…

  9. AURELIEN WOUEMBE

    I will make $1,000/day.
    I’m very interested in starting to work with you Tim. As soon as I get back from this mission, I hope I will have the chance to be able to make that kind of money and leave this 9-5 Jobs that I really hate. Thank you for all your guidance.

  10. Ingrid

    Thank you. The 5 things I should do every morning helped me connect the dots. It’s tons of stuff out there but putting order to it is huge. THANK YOU FOR REAL!!!

  11. Jeffrey P. Borja

    Much rather hustle 24/7 to learn your methods than slave 9-5 for a j-o-b. Def an added challenge with this timezone (market opens 11:30pm my time) but no excuses…I WILL MAKE $1,000/DAY!!!

  12. krs1

    All points above are so good…..but #3 man….that was such a huge problem for me in the beginning and I’m so glad you pointed that out in here! Stay away from big percent gainers without a catalyst/news!!! I can’t tell you how many times I wasted trades where there was no news or catalyst! 50/50 odds are stupid. I had a 50/50 chance of getting struct by lightning today. Thankfully, I didn’t. But I think you get my point. Thanks for this post Tim! It’s helpful and you always go above and beyond with your teachings which I’m so grateful for!

  13. OceanRider

    I will make $1,000/day. I am still grinding learning, studying with the time I have. I have been able to focus in on one pattern which I think is the one Dux mentions as the one that goes up 5 or six days (he says you can put “like” all of your money on it). Since I am unable to confirm this by asking Dux, hopefully my focus on “my favorite pattern’ will payoff big for me.
    By focusing on this one pattern, my trade # is way down and it is alot more relaxing as well. Until then, I will keep studying, researching, and doing what I can behind the scenes while I work and manage life.

    Thanks for the details in this one Tim and for the other post where you link the video categories. Very Helpful ๐Ÿ™‚

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