Being able to handle this market can be a difficult task…
One day I’m nailing trades left and right …
The next, I pick the wrong spiker and miss the biggest move of the day.
But I can stay profitable while 90% of traders fail. And right now I am seeing several traders struggle in this unforgiving market.
Over the last 20 years, I have been through some difficult times in the market, but there’s always been a trade to make …
That is the beauty of OTC’s, they don’t follow the same path as the overall market.
In fact, a lot of my students are finding success right now.
If you are ready to take the next steps on your trading journey and learn how to profit in these turbulent times …
Make sure you understand this …
Table of Contents
Why I love Big Percent Gainers
Being able to find big percent gainers every morning is the biggest part of the battle…
Finding big percent gainers sets you up to find potential trades, but not every stock will be worth it for you to trade…
And in this type of market, you do not want to be forcing any trades that aren’t perfect.
My millionaire students haven’t gotten to where they are today by just getting lucky, it takes dedication and determination to succeed…
So what is it that my students and I do with these big percent gainers…
Stick To The Best Possible Trades
On Friday, the market puked as all major indexes fell more than 1.5%.
Take a look at the SPDR S&P 500 ETF Trust (NYSE: SPY)
At the end of the day, you can see a tremendous amount of sellers coming into the market, extending the sell-off even more at the end of the day.
But despite all of that, I will still be able to profit nearly 4% on just a single trade.
Now 4% isn’t going to make you a millionaire overnight, and this is what you need to realize…
These small profits will add up, as long as you cut losses quickly.
But in this disgusting market, you need to stick to the best possible trades…
And that is what I did on Friday as most traders ran for the exit.
This Is Why I Stick To OTC Stocks
OTCs have always been my bread and butter, especially in a market like this.
As traders, we always want to stick with what we know works best…
So let’s take a look at my Friday trade…
Global Tech Industries Group, Inc. (GTII)
Over the last few weeks, I have mentioned GTII, and right now, this stock has been red hot!
With stocks that have been multi-day runners, like GTII, I start looking to some of my favorite patterns to trade.
On Friday, I was able to buy the dip in the morning from where it was trading in pre-market.
I entered my position at $3.27 and sold at $3.40, profiting $390.
Like I have told all of my millionaire students, it’s important to study so you are able to recognize these patterns and know when the best time is to enter a trade.
This trade is right out of my playbook, but even though some of you may say I sold my position a little too quickly…
That is true, but that is part of my strategy to take quick profits and not be too aggressive in an ugly market.
More Breaking News
- GigaCloud Technology: Transition to Global B2B Platform Captivates Academia
- Brand Engagement Network Shares Surge as Equity Purchase Deal Ends
- Blue Owl Capital Impresses with Strategic Moves Amidst Market Fluctuations
- Circle Internet Group’s Partnership Boost and Earnings Outlook
My Mindset For The Week
As we start our trading week, I am continuing to be extra cautious and only make trades that I truly love.
The overall market closed at its lowest levels in months, and many investors are wondering where the true bottom really is.
I am not stressing as to where the market is headed, but I can tell you this, I have all the tools I need to be successful in this market…
And I hope you do too!
As this week plays out, I can tell you that GTII is going to be on my radar…
But I am also keeping a close on a few more!
Be sure to study up and stay safe!
Cheers,
Tim
P.S. – Remember, on Thursday of this week there’s a webinar! Tune in for live trading and a juicy Q&A! Here’s the link.
Leave a reply