Traders are creatures of habit.
That’s why, each morning before the market opens, I meticulously compile a watchlist of potential trades for the day.
Included in my watchlist yesterday was the ticker symbol POL, a stock that squeezed from its opening price of $2.24 to a high of $10.85.
Now $POL into the $8s, congrats to all https://t.co/6cuTVNItqN subscribers alerted in the $2s…and let's guess which short sellers are getting annihilated and just wait for them to pretend nothing is wrong in their chatrooms/social media because they actually think people don't…
— Timothy Sykes (@timothysykes) December 20, 2023
It’s not an accident I find these plays early…and it all starts with the watchlist.
Think of it like using a GPS while navigating through a new city.
Many traders find themselves blindsided by sudden market shifts, often reacting too late or making hasty decisions that can lead to significant losses.
With over $7.5 million in trading profits, I’ve learned the undeniable value of being prepared.
Today, I’m not just going to show you my watchlist… I’ll reveal how its creation each morning is pivotal to my success.
This method isn’t just a routine…it’s a transformative strategy that has revolutionized my trading journey.
Let me show you how it can reshape yours too
Table of Contents
The Three Types Of Stocks That Are Part Of My Watchlist
Multi-Day Spikers
In this section of the watchlist I’m including stocks that have recently shown significant multi-day spikes. Recent examples include the ticker symbols CCCC, SHOT, and ANY.
I like to buy these stocks on panic dips, because they have shown the ability to bounce back.
The ticker symbol ANY is a good example of a multi-day spiker stock that fits my panic dip buy setup.
I also like following the long term trend…I’ve always found multi-day spikers have more predictable patterns compared to one-day runners, which are known for their crazy volatility.
Pre-Market Spikers
This includes stocks that are experiencing an unusual amount of volume and volatility. They are usually some fresh catalyst that’s creating the excitement.
If you use the StocksToTrade Breaking News Service then you know why the ticker symbol POL was on my radar…
The stock surged on a weird filing…
All it said was that a concerned shareholder of Polished.com urges investor collaboration.
Pretty harmless, right?
Well it should be, but stubborn short sellers are turning these nothing burgers into full blown squeezes.
Typically I’m looking for low float stocks that have catalysts and are already experiencing pre-market strength. Again, I will look to buy these stocks on weakness…preferably a panic dip.
I received several messages from students who crushed it….
One of them wrote to me and told me they got in at $2.57 and out at $7.42.
Another messaged me and said they played it for a quick scalp, taking it from $4.75 to $5.50.
$POL +$240 Bought this big percent gainer squeezing out shorts to new highs! Risky to trade this high but I entered with caution and sold as my goals were met. Thanks @sttbreakingnews @timothysykes for helping me make this after a long day at work! pic.twitter.com/AuUeF9axdJ
— Haychmalik (@haychmalik7) December 20, 2023
And to think, StocksToTrade Breaking News alerted this stock at $2.15.
Dear shorts, can one of you do a study on why all the other shorts ONLY consider shorting $POL all while its triples, quadruples and now quintuples from the early https://t.co/6cuTVNItqN alerts in the $2s and the clear play was to go long at any time today? I really want to get…
— Timothy Sykes (@timothysykes) December 20, 2023
Recent Spikers With Breakout Potential
The third tier of stocks I’m watching are stocks that have recently spiked and are on the radar for potential breakouts, ideally with substantial volume and a news catalyst.
On Wednesday I had CGEN, PBLA, IFBD, and ICCT on my watchlist.
In addition, they are potential candidates for dip buying in the event of intraday panics.
However, I’m only interested in these stocks if they meet my conditions. I will not just buy choppy or gradually uptrending or downtrending action…
I need to see convincing price action…and volatility to want to get involved in these types of plays.
Why The Watchlist Helps
Besides the preparation aspect…it can also keep you disciplined. If you have a problem with overtrading, make a rule that states you only trade stocks on your watchlist.
Whewwwwww, what a wild day, how'd you do?!?! Did you capitalize on awesome Supernovas like $POL $EFSH $PRZO $RDGL $LQDA $ANY or were you narrow-minded like shorts who waste too much opportunity from the long side? Stop giving into groupthink/the dark side & TRADE WELL/LEARN TOO!
— Timothy Sykes (@timothysykes) December 20, 2023
Besides structure, the watchlist will also help you with your decision making. If you’ve already done your homework and feel prepared, you’re less likely to make bad decisions or get that dear in headlights moment.
Transform Your Trading with Proven Strategies! 🚀
The stock market is a maze of opportunities and risks, and every day brings new surprises.
Just like POL’s unexpected surge, the market constantly throws curveballs.
Are you equipped to catch these opportunities? Or are you finding yourself lost in the chaos?
🔥 Join our upcoming live training sessions!
🔥 Unveil the secrets behind crafting a powerful watchlist that spots winners like POL, ANY, and more.
🔥 Dive into the tactics that millionaire traders use.
🔥 Learn how to identify Multi-Day Spikers, Premarket Movers, and Potential Breakouts before they make their moves.
🔥 Gain insights into avoiding common trading pitfalls and maintaining discipline in the heat of the market.
Don’t be a passive observer as others seize the moment. It’s time to arm yourself with strategies that work, tailor-made for today’s dynamic market.
Are you ready to revolutionize your trading approach with a watchlist that works as hard as you do?
Secure your spot now and become the trader who’s always one step ahead!
👉 CLICK HERE TO JOIN THE LIVE TRAINING AND MASTER YOUR TRADES! 👈
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