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The #1 AI Stock Spiking Right Now

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Written by Timothy Sykes
Updated 1/19/2024 5 min read

Some people missed Friday’s big trade.

One of the stocks on my watchlist gapped up and spiked 30%.

We’ve been watching this ticker since it first spiked on January 17. The whole move currently stretches 90% in three days.

It initially spiked because:

  • It’s in the AI sector.
  • It has a low float.
  • The company announced bullish news on the morning of January 17.

There was always a possibility it would continue the spike. Unfortunately, I wasn’t prepared to trade it on Friday.

But in my defense, I took a flight to Asia. Sometimes my travel schedule conflicts with my trading. Check out my Tweet below …

I’m a good trader.

But I’m not a great trader.

Sometimes I miss trades. Sometimes I sell too early.

You can do better than me!

Especially now that my students can use AI to trade like I’m in the room.

There’s still risk involved. This is the stock market. Anything can happen at any time.

But the patterns that we use to trade allow us to mitigate that risk.

Follow the rules and your account will stay safe.

There’s a whole week of trading ahead of us. And last week’s AI stock could push even higher!

In today’s blog post:

  • How to use my AI trading tool.
  • The #1 AI stock I’m watching today.

Keep reading …

XGPT Alerts

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There are two ways to do this.

  1. Wait for an XGPT alert.
  2. Ask ‘me’ my trade plan for a specific ticker that you’re watching.

If you ask about a stock that doesn’t offer a profit opportunity, the AI will tell you.

That’s why I encourage people to wait for the alerts.

Like the alert that came out on Thursday afternoon, January 18, for BullFrog AI Holdings Inc. (NASDAQ: BFRG).

Source: XGPT

It offered the following trade plan:

Source: XGPT

On Friday, BFRG opened at $4.15.

And it spiked to $5.20 by 12:30 P.M. Eastern. That’s a 25% trade opportunity.

Take a look at the chart below …

BFRG chart 1-day, 1-minute candles Source: StocksToTrade

This ticker could push even higher.

But don’t leave your account up to chance!

Every profitable trade starts with a trading plan. If you don’t know how to make a trading plan, the XGPT bot can do it for you.

Here’s how it works.

And if for some reason the trade falls apart, cut the loss.

That’s rule #1.

Cut Losses Quickly

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Anything can happen in the market at any time.

Even profitable traders take losses now and then. I only win 76% of the time. But I control my losses, which helps my profits stand out.

And think of it like this … If the stock starts to set up again, you can always get back in.

  • Small losses are part of the game.
  • There’s always another trade to make around the corner.

This is a marathon, not a sprint.

We’ve got to protect the overall account. That’s how we win.

Make sure you’re signed up for the watchlist that I send out weekly.

And get ready for this wild week ahead.

The small-account opportunities are HUGE right now. I just added a new millionaire student.

Make sure to congratulate Andrew Nguyen on his achievement! Leave a comment below.

We’re all striving for profits in this market. Andrew is a shining example of the true possibilities.

Keep grinding!

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Author card Timothy Sykes picture

Timothy Sykes

Tim Sykes is a penny stock trader and teacher who became a self-made millionaire by the age of 22 by trading $12,415 of bar mitzvah money. After becoming disenchanted with the hedge fund world, he established the Tim Sykes Trading Challenge to teach aspiring traders how to follow his trading strategies. He’s been featured in a variety of media outlets including CNN, Larry King, Steve Harvey, Forbes, Men’s Journal, and more. He’s also an active philanthropist and environmental activist, a co-founder of Karmagawa, and has donated millions of dollars to charity. Read More

* Results are not typical and will 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

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”