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GTII – My 7-Step Framework in Less Than 30 Minutes

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Written by Timothy Sykes
Updated 10/6/2022 5 min read

In 2013, one of my top students made over $200,000 on one stock in just 48 hours.

Nearly a decade later, I cashed in on the EXACT SAME SETUP in Global Tech Industries Group Inc. (OTC: GTII).

All my trades are open to the public right here.

While my Supernova members get exclusive material, including live webinars and hours of recorded content…

All you really need is my 7-Step Penny Stock Framework…which you can read for free right here.

You see, most folks associate Supernovas with daily timeframes.

But what I’m about to show you is how it played out in just a couple of hours.

This doesn’t happen often.

Truthfully, it’s quite rare.

But if you know what to look for, it’s like discovering a gold vane in your backyard.

Know Thy Steps

I’ve been trading for more than two decades.

And I’m still surprised how often and consistent my Supernova pattern works.

I want to bring over a screenshot from my original article and show it to you here.

The 7-Steps are as follows:

  1. The Pre-Pump or Promotion
  2. Ramp
  3. Supernova
  4. Cliff Dive
  5. Dip Buy
  6. The Dead Pump Bounce
  7. The Long Kiss Goodnight

The most dramatic moves happen between steps 3 and 4.

However, I find trading between steps 5 and 6 to be more consistent for most traders.

Nonetheless, this same general pattern happens over and over.

Take a look at GTII.

You can see shares start to get a little more volume at the left side of the chart.

Then, price and volume start to increase, with volume taking the lead.

From there, the stock quickly went Supernova.

As part of the surge higher, I played the long side on Friday.

So, when Monday came around, I wasn’t sure how much further things would go.

Much to my surprise, the stock made a mini Supernova in just a few minutes.

This one-minute chart has a lot of information to break down.

First, I want to highlight the non-stop green candles from the open right into the high.

I did try to get in near the open but couldn’t get filled. So I watched as the stock ripped higher on heavy volume.

As I typed out my notes to my students, I pointed out the 9:34 a.m. candlestick.

This candlestick had a small body but enormous volume.

That kind of price action tends to create a top, at least temporarily.

Now, the stock continued higher for another four minutes.

But then I saw something interesting that clued me into a possible short opportunity.

I rarely get involved with short trades anymore because stocks can run so hard.

Yet, the stock had basically doubled since the open and as I watched the Level 2 data, I saw an opportunity.

Using my TradeZero broker, I managed to locate shares to short sell, which I rode from $8.70 down to $7.60.

After a few more minutes, I saw another potential trade in the opposite direction.

Right near the opening price, GTII made a reversal candle on decent volume.

It wasn’t huge volume, but it was good enough.

I used that to take a long trade that I rode from $5.48 to $6.44.

Why This Trade Worked

A lot of people ask me how I know where the specific top or bottom is within my framework.

Truthfully, I don’t know until they happen.

I use Level 2 data, price action, support, and resistance to inform my decisions.

People get upset when they find out there isn’t a hard and fast rule to identifying exactly where and when to jump in.

That’s where practice and experience come into play.

My top students spend hours watching these patterns form over and over.

It’s like a poker player who starts to feel the game after they see enough hands.

You’ll develop your own little set of rules to help you identify the right time.

What I want you to realize is these patterns appear and follow the same pathways over and over.

All you have to do is locate them and design setups with proper risk management.

That might sound complicated, which is why you can skip the heavy lifting and let me provide you with my years of experience.

Everything is condensed into video lessons, blog posts, and live webinars to help you become a better trader right now.

All you have to do is take the first step.



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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. 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”