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The Best Time To Trade Right Now:

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Written by Timothy Sykes Reviewed by Jack Kellogg Fact-checked by Ellis Hobbs
Updated 11/5/2024 5 min read
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Welcome traders,

There’s a very specific time frame that my students and I are using to pull profits from the market.

🔥 Certain times are hotter than others 🔥

Now … I know that a lot of my newest students work a day job, but don’t worry! This time frame could fit perfectly into your schedule. 👷📈

And the spikes are huge!

On Tuesday this week, within this special time frame, I made a 21% profit and a 9% profit.

Plus, these are cheap stocks that traders can buy in bulk to ride for gains. You don’t need a lot of money to start. The share price never broke above $5.50!

We see runners like this almost every day.

And in today’s blog post, I’ll show you my exact position on yesterday’s runner and we’ll explore this highly profitable time frame.

Avalon GloboCare Corp. (NASDAQ: ALBT)

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ALBT is a low float stock in the biotech/healthcare industry.

We’ve seen a lot of low-float biotech runners recently. Ever since the 3,000%* spike from Bright Minds Biosciences Inc. (NASDAQ: DRUG) in October.

It’s a hot sector now …

And a stock with a low float has a low supply of shares. The low supply will help prices spike higher when demand increases. It’s a simple law of supply and demand.

For our niche, anything below 10 million shares is considered a low float.

During yesterday’s spike, ALBT had a float of only 689k shares. Not even 1 million.

So when the price started to spike, I knew it was the stock to watch …

Now … Most people know that the stock market opens in the morning. Specifically at 9:30 A.M. Eastern.

But there’s also premarket hours. Some brokers offer trading as early as 4 A.M. Eastern.

And lately, the strongest spikes have come from this premarket time frame.

Below is a chart of ALBT’s premarket move yesterday. A 140%* spike! Every candle represents one trading minute:

ALBT chart intraday, 1-minute candles Source: StocksToTrade

Before I dive into my individual trading positions on ALBT, I have a note about waking up early …

Early Morning Trading

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I know that waking up early is difficult.

But these are the sacrifices that we need to make for trading profits.

And understand, you’re not alone! There’s a whole community of traders that gather in my Challenge chatroom every morning.

Join the next Live Stream to get a feel for our community.

Professional traders like Jack Kellogg are waking up early too!

Jack is one of my most successful millionaire students. And if he’s waking up early, you can bet these premarket spikers are full of profit opportunities.

Here’s a premarket trade that Jack made already in November:

Source: Profit.ly

I have to reiterate: You don’t need a ton of cash to get started.

Jack trades with huge positions sizes because he’s grown his account to $13 million since starting in 2017.

But Autonomix Medical Inc. (NASDAQ: AMIX) is still a cheap stock.

On November 1 it was trading well below $20 per share. You could start with $100 in your account, even less.

More Breaking News

Now, let’s get back to these premarket-trade examples:

ALBT Trades

Both of my positions on ALBT followed the same pattern.

  1. A volatile spike on a low-float biotech.
  2. The price retreated somewhat and started to consolidate.
  3. I bought shares.
  4. I sold into the follow-up bounce.

These are my trade notes back to back:

Source: Profit.ly
Source: Profit.ly

And here are my positions overlaid on the chart, every candle represents one trading minute:

ALBT chart intraday, 1-minute candles Source: StocksToTrade

I’m not trading at random. There’s a science to this.

The most volatile stocks in the market like to follow specific patterns. Like the ALBT consolidation into a price bounce after a volatile spike …

Don’t miss the next premarket runner!

And don’t trade it incorrectly …

Use my AI trading bot to build smart positions on the hottest stock spikes.

The AI follows my exact framework for gains. Finally my students can trade as if I’m in the room with them!

Cheers.

*Past performance does not indicate future results

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* 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”