Why I’m rooting for a market crash!

By Timothy Sykes

Last updated on September 26, 2022
Why I’m rooting for a market crash! Thumbnail

Hey, trader. Tim here.

Things are pretty dicey for the overall market.

The FED’s recent interest rate hike continues to drag prices down. We’re approaching year lows.

I think there’s a pretty good chance prices will fall off a cliff. Actually, I’m hoping for it. Take a look at my recent Tweet…

I’ve been in this niche a long time. Over 20 years. And in all that time I’ve learned a lot. Let me share some wisdom with you.

The best times to profit as a trader are when…

  • There’s an economic boom (this isn’t our environment right now…)
  • There’s a panic selloff (we’re toeing the line on this one. It could happen any day now)

In today’s letter, I’m going to explain how we identify a market panic. And I’ll share how I plan to profit off of it…

Let’s get into it…

How Will We Know?

tim sykes and kyle williams on laptops
© Millionaire Media, LLC

This is a pretty simple concept. It’ll be easy to teach.

Stocks like to bounce around between support and resistance lines. Oftentimes these imaginary lines occur at ‘psychologically significant’ numbers. Like 10, 20, 30, etc.

Every now and then, the price breaks through a line and explodes upwards or downwards.

By studying the large market indices, like the ones I mentioned in my Tweet, we can draw support and resistance lines that help us determine market sentiment. And whether or not prices are about to cross an especially significant level.

A lot like the level we’re hovering above right now.

Here’s a chart of the S&P 500 ETF Trust (NYSE: SPY) barely above $360…

SPY chart Source: StocksToTrade

And we can see the exact same level (but trying to hold $300) on the SPDR Dow Jones ETF Trust’s (NYSE: DIA) chart…

DIA chart Source: StocksToTrade

If the charts fall below that level … we’re in full panic mode.

How To Profit

© Millionaire Media, LLC

Recognizing the crash is pretty easy. Cashing in is where things get trickier.

First of all, surviving is key. Forget about profits for a second.

If you can control losses, profits come a lot more easily.

I made this video full of tips to stay alive during a market crash.

It’s only 15 minutes. Throw it on 1.5 speed and take notes.

I’ve survived countless market panics over the last 2 decades. These patterns repeat, and in the video I share exactly what I look for.

That brings me to my next point … the best pattern for a market crash. There are a lot of patterns out there, but there’s one I hold above all the rest.

I outlined the whole strategy for free in a blog post.

Here’s the link.

How To Profit Consistently

© Millionaire Media, LLC

We’re not going to be in a market crash forever.

Eventually prices will bottom out. Dip buyers will come in to scoop up shares for cheap. The economy will rebound.

And when that happens, my strategy is going to change. That’s how I’ve stayed profitable over the last two decades.

The reason why most newbies fail is because they find a system that works, and then they assume it will work forever.

Wrong.

I’ve been trading the same patterns all this time. But some are better during crashes, and some are better during spikes. It all depends on the current environment.

That’s why all my millionaire students come from the Challenge. Because they commit to learning the whole process. Not just what’s hot at the moment.

Want to take the same journey they did?

Click here to apply.

I look forward to hearing from you,

— Tim

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Comments (1)
Author imageTimothy Sykes
Hey Everyone,

As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!

Which is why I've launched my Trading Challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.

So when you get a chance make sure you check it out.

PS: Don’t forget to check out my 30 Day Bootcamp, it will teach you everything you need to know about trading.

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