Thanksgiving isn’t just about turkey, stuffing, football, and dodging awkward family conversations anymore…
It’s also an opportunity to become a better trader while others are snoozing on the couch.
This holiday, I want to spice up your trading game by sharing some hard-earned lessons.
In fact, if you want to finish the rest of the year on a high note then these six nuggets of wisdom will serve you well.
Table of Contents
#1 Expect Trading Volumes To Decline
The Nasdaq is up more than 45% year-to-date.
If this was a soccer game and Wall Street had the lead…
They would be “parking the bus” right now.
Expect to see lighter volume as we get closer to Christmas time.
And while that might sound bad for those eager to still trade…it’s NOT.
You see, when the volume dries up from large cap stocks…a lot of it dives into small and micro caps.
In other words, we should expect to see some crazy moves in small caps.
If you’ve been trading this week then you’ve probably already seen it in stocks like ANGH, SHOT, CYTO, and SGD.
#2: Have The Right Mindset
While I do believe there’s going to be some epic trading over the next few weeks…don’t expect a multitude of great plays daily.
In other words, you’ve got to be more patient.
One thing that I often say which gets confused is “small wins add up.”
That doesn’t mean sit in front of your screen all day and scalp in and out of dozens of symbols.
I’ve never had success with overtrading.
And if you look at my latest run, it’s due to the fact that I’ve been intentional with my trading…focusing on a few setups that I’ve seen work countless times in this market.
Like my weekend strategy …which has delivered some of my best wins this year.
Midnight study check, who's still up studying, reviewing your @StocksToTrade scans or making your watchlist for tomorrow?!?! Who is FULLY prepared for the #stockmarket tomorrow?!?! HOW BAD DO YOU WANT SUCCESS AND HOW HARD WILL YOU PUSH YOURSELF TO ACHIEVE IT?!?!
— Timothy Sykes (@timothysykes) November 20, 2023
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- SoundHound AI’s Unexpected Rise: Is It Shaping AI’s Future or Just Gaining Momentum?
#3: Shorts Are Going To Get Wrecked
This Thanksgiving make sure to to be thankful for all the thick headed short sellers…
Without them, trading would have been less profitable and enjoyable.
While I do see them getting some trades right over the next few weeks…all it takes is one or two to get away for them to give it all up and possibly blow up their accounts.
You see, with less trading opportunities I believe we will see more desperate short sellers…and with that will come some epic squeezes.
It’s a perfect recipe.
ALWAYS BE GRATEFUL FOR SHORT SELLERS AS WE MUST THANK THEM FOR HELPING CREATE THIS AWESOME $SHOT SQUEEZE, READ https://t.co/jv0kL0C0ll AND LEARN WHY SHORTS ARE THE BEST PROMOTERS THESE DAYS! FAILED PROMOS LIKE $ENZC $HMBL $DPLS NEED TO GET THEM TO HELP LOL
— Timothy Sykes (@timothysykes) November 20, 2023
#4: Focus On Catalyst Driven Plays
For epic short squeezes to occur you need shorts to get involved. And for that to happen, there needs to be a considerable amount of trading volume in the symbol.
That’s why right now the best plays to focus on are catalyst driven.
Like my weekend strategy…which has delivered some incredible plays recently.
#5: Expect Mini-Trends To Be Short-Lived
This year we had some big trends last for months, like small cap stock companies fighting against short sellers and the rise of AI.
With the year coming to a close…I would expect to see mini-trends, lasting a few days or so and then sizzle out.
In order to take advantage of them you MUST do your homework.
And you should use tools like StocksToTrade Breaking News that will keep you ahead of the curve.
#6: Defense Creates Offense
For several months this year I was trading from behind. I suffered a large loss which forced me to size down and slowly build back up.
In order to take advantage of the upcoming opportunities you must focus on risk management.
You can’t let your losses be significantly bigger than your winners.
It’s a lot easier to get aggressive on good setups when you are trading with a lead.
However, if you’re in the hole…you’re likely to trade scared.
And while I do believe trading scared has its advantages…you don’t want to be so scared that you don’t place trades on A+ setups.
Focus on risk management and you’ll be surprised at how other areas of your trading will improve.
After twenty plus years of trading…no rule has served me better than cut losses quickly.
🍁 This Thanksgiving, Don’t Just Feast on Turkey – Feast on Trading Opportunities! 🍁
📈 While the market is closed, your chance to improve your trading skills are open. And with the year-end approaching, it’s time to sharpen your strategies and gobble up profits!
🚀 Why settle for the usual Thanksgiving routine when you could be boosting your trading game?
Discover how to leverage the holiday season’s unique market dynamics. From the expected decline in trading volumes to playing short squeezes – there’s a wealth of knowledge waiting for you.
💡 Dive into our special Thanksgiving Live Training Sessions!
Uncover the six nuggets of wisdom essential for trading success during this festive season.
We’ll cover everything from the right mindset to recognizing and capitalizing on short-term trends.
🏆 Maximize Your Potential with Proven Strategies:
Understand why small and micro caps might be the key to big gains.
Learn to navigate the market with precision, avoiding the pitfalls that trap the unwary.
Get insights into making the most of short squeezes and catalyst-driven plays.
🔥 Don’t be left in the cold as the market heats up! Our live sessions will equip you with the tools and tactics needed to end the year on a high note.
👉 Ready to Transform Your Trading This Thanksgiving?
Secure your spot now and turn these market insights into actionable success!
🌟 CLICK HERE TO JOIN THE THANKSGIVING TRADING FEAST! 🌟
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