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Trading Lessons

CAST Your Eyes Over Big Premarket Runners

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Written by Timothy Sykes
Updated 6/18/2026 7 min read

Every. Single. Day.

Since the end of the PDT rule not a single trading day has gone by without one or more BIG premarket runners.

Are you waking up and capitalizing?

If not, get rest this weekend and start bright and early Monday morning.

I’m about to say something I rarely say…

This is a market to be more aggressive.

How many times have you heard me say that you should trade scared so trading isn’t scary?

That’s still true.

But as long as you…

  • Don’t chase
  • Make a plan for every trade
  • Cut losses quickly
  • Journal every trade so you can learn from it…

This is a “fire at will” type of market.

Especially with penny stocks in premarket trading.

Cast your eyes on this…

CAST Goes Full Supernova

This is pretty crazy. I was buying FreeCast Inc. (NASDAQ: CAST) a week ago (June 12) at $1.52.

I did a full breakdown of my CAST trade in this post about how to succeed with weekend trades.

The short version of that trade:

  • FreeCast announced an expanded relationship with DIRECTV.
  • I liked the price action going into the close and bought 3,000 shares.
  • Following my weekend trade plan to a T, I sold on Monday for a +121% win.*

It was one of my highest percent wins in a while.

Yesterday (June 18) FreeCast announced it had entered an agreement to become a Starlink Business reseller:

Source: FreeCast via businesswire
Source: FreeCast via businesswire

In this crazy market with BIG premarket runners, CAST ran from $5 to the $16s before it double-topped.

CAST 6/18/26, 1-min candles, BIG premarket runner
CAST 6/18/26, 1-min candles, BIG premarket runner

Mind you, even though CAST faded into the open, it was still up nearly 90% at 11:00 a.m. ET.

THAT is the kind of market environment we’re in.

If it was just one or two premarket spikers, that would be great. But it’s EVERY DAY.

Let’s walk back through the week (this is CRAZY)

Cast Your Eyes Over This Feast of Premarket Supernovas

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On Wednesday (June 17) Euro Tech Holdings Company Limited (NASDAQ: CLWT) ran from $1.20 to $5.25 in 14 minutes…

CLWT 6/17/26, 1-min candles, BIG premarket runner
CLWT 6/17/26, 1-min candles, BIG premarket runner

Just as CLWT started chopping around mid-range,  UTStarcom Holdings Corp. (NASDAQ: UTSI) spiked +202% in five minutes…

UTSI 6/17/27 1-min candles, BIG premarket spiker
UTSI 6/17/27 1-min candles, BIG premarket spiker

Eshalgo Inc. (NASDAQ: EHGO) spiked +511% in two hours, 38 minutes…

EHGO 6/17/27, 1-min candles, BIG premarket spiker
EHGO 6/17/27, 1-min candles, BIG premarket spiker

Again, this is day after day after day…

On Tuesday (June 16) SU Group Holdings Limited (NASDAQ: SUGP) spiked +253% in just over an hour…

SUGP 6/16/26, 1-min candles, BIG premarket runner
SUGP 6/16/26, 1-min candles, BIG premarket runner

Finally, going full circle…

Even though I got out of CAST for a beautiful weekend trade, it spiked another +381% in the first 59 minutes of premarket trading on Monday (June 15)

CAST 6/15/26, 1-min candles, BIG premarket runner
CAST 6/15/26, 1-min candles, BIG premarket runner

Don’t feel bad if you miss any play or sell too soon.

Try your best to take advantage of the plays and sell into strength…there’s always another one to practice on just a few minutes away.

Welcome to the no PDT Rule market (it’s gonna be a CRAZY summer).

Millionaire Moves

Every single one of my 50+ millionaire students started at the beginning. Most of them lost money in the first year.

Do you know what they ALL have in common?

An insatiable desire to learn and practice until they “get it” and finally break free. 

Next week, on Friday and Saturday, June 26th – 27th,  I’m hosting The Millionaire Formula Conference.

I’ll be joined by two millionaire traders: Jack Kellogg and Bryce Tuohey.

You are invited and it’s FREE. But you have to register ahead of time. For more details and to register…

Yes, Tim

Show Me How to Crush the Market

Catalyst Watch

The stock market rallied yesterday on news President Trump signed the deal to end the Iran war.

He also said he wanted to “avoid an economic catastrophe” that might happen if the war kept going.

Let’s hope this is over and done with so we can get on with Supernova Summer without the uncertainty.

On My Radar 

  • The markets are closed today. Use the time to study and rest up for next week. Remember to register for the conference. Let’s GOOOO!
  • If you have FOMO over SpaceX (NASDAQ: SPCX), you’re good. There was a LOT of profit taking to end the week.
  • Italian pastries are TOO good and I needed carbs to keep up with the crazy market…

Key Takeaway

There are insane, insane, insane runners in this market. To understand how fast they move, you need to get up early and watch.

If they scare you (they scare me) just watch and learn at first. The more you watch real price action, the better.

Right now, the plays do not stop.

Take advantage of this opportunity while it’s here.

Have a great week and I’ll see you on Friday for the Conference.

Cheers,

– Tim Sykes

 

*Results not typical.



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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.
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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”