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Here’s My Plan After Finding Two Stocks Soaring Over 100%

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Written by Timothy Sykes
Updated 9/30/2022 6 min read

Traders were relieved to see that the markets bounced on Wednesday…

But not even a day later, they felt the market’s wrath, wiping out all of Wednesday’s gains.

The market can be very unforgiving, and I have always taught my students to prepare for the next wave the market will throw at them.

You see, I like to compare the stock market to mother nature…

We never know what mother nature will throw at us and we live in a world where we have to accept these different types of weather patterns if we like it or not…

The same thing applies to the markets, I teach all of my students to work WITH the markets, not against them.

As a trader, it is important to understand what really drives our markets…

And at the end of the day, it’s all about making a profit.

Today, I am going to share with you three powerful forces that can help drive stocks…

And how you can profit in these turbulent times.

The Wrath Of This Market

This market has been nothing short of disgusting.

Any glimmer of hope of a market bounce, the market rips it completely away.

Take a look at the SPY…

Source:StocksToTrade

The big question is when is all of this going to end?

Honestly, no one knows when this will end or what impact all of this will have in the long term.

But I do know one thing. Over my last 20 years of trading, despite the overall outcome of world events and the markets…

I’ve made over $7 million in profits.

As the market continues its rollercoaster of a ride, let’s break down three powerful forces to help you become better prepared.

Force #1: Trends

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Trends don’t just happen in the stock market, they happen in other areas of your everyday life.

But once you continue to study and understand the market, you’ll start to notice them.

And once you find these trends at the right times, they can reveal plenty of profitable setups.

Don’t believe me? Let’s take a look…

How about the recent IPO trend?

Only a few months ago we had a recent IPO for AMTD Digital INC. (NYSE: HKD) where it rose over 2,000% at one point.

Source:StocksToTrade

Or how about Addentax Group Corp. (NASDAQ: ATXG)…

Source:StocksToTrade

Trends can create big opportunities if you’re able to spot them.

How do I find them? By doing the same thing every morning.

But just being able to find these trends won’t instantly make you profitable, you need to make sure you are able to execute these traders…

This leads us to our next powerful force…

Force #2: News Catalysts

Having breaking news at your fingertips gives you a huge advantage over other traders.

Headlines and events are great catalysts that can send a stock parabolic, or help move a market.

In fact, a lot of my supernova plays have come from breaking news. 

I’m looking for Breaking News every day…

If you’re still unsure how powerful news catalysts can be, let’s look at the last two days and see how they could’ve impacted your trading.

Motus GI Holdings, Inc. (NASDAQ: MOTS)

Western Sierra Resource Corporation (OTC: WSRC)

It’s important to have the right software and understand the power behind catalysts on a stock price, no matter the size of the stock.

More Breaking News

Force #3: Price Action

Now, for the final force (as we’ve already set the stage with the other two)…

Price action gives us the final decision to validate our setup.

Let’s look at an example Global Tech Industries Group, Inc. (OTC: GTII)

Here, you can see where there was significant resistance for GTII over the last year.

But then, it broke through on higher-than-average volume.

When these OTC stocks become multi-day runners, you will start to notice that sellers come into the picture…

These stocks will start to pull back. Then, you may see huge buying volume stepping in, taking shares from the low of the day back to its high.

This is all part of my lesson. You must study my pennystocking framework.

Just because you have a great news story about a stock doesn’t necessarily mean it’s worth it to trade.

It’s important to always investigate the value based on the price action.

Closing Thoughts

Despite the overall sell-off in this market, YOU shouldn’t ever stop trading…

Why? Because there are always opportunities out there … you just need to wait for the right one.

If you don’t have the right tools for success, you’re missing a key step to becoming financially independent.

If you haven’t tried it yet, now is the time you need to get on board!

StocksToTrade Breaking News has proven to work over and over again for several of our traders.

As we continue to face uncertainty in the markets, I’malways going to stick to what I know best.

There are still some secrets that I have shared with my millionaire students that I don’t have time to explain here today.

Continue to study and be prepared for what may be next.

Cheers,

Tim.

P.S – Don’t miss out on your chance to learn about this one hidden secret. 



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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.
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* 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”