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Trading Tips-Tim Sykes Penny Stock

Catch The Next BIG Market Event

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Written by Timothy Sykes
Updated 4/2/2024 7 min read

We’re seeing new spikers every single day.

I feel like a broken record. Every day I write about the immense profit opportunities for small-account traders. But what am I to do? It’s true!

One of yesterday’s biggest spikes came from VivoPower International PLC (NASDAQ: VVPR). The price launched 420% after a merger announcement between a VVPR subsidiary and Cactus Acquisition Corp. (NASDAQ: CCTS). That’s a bullish catalyst.

It never traded above $10 … That makes it accessible for small accounts. And when a stock spikes 420%, it’s easier to take 10% or 20% of the move. That’s why we focus on these big runners. There’s more room for error.

By using the most popular patterns, we can take the meat of the move before the price action gets out of hand.

I explain more in my Tweet below:

Take a look at the VVPR spike from yesterday. The price action might look random, but it’s following a very specific pattern:

VVPR chart intraday, 1-minute candles Source: StocksToTrade

The pattern that I used to profit on VVPR, I’ve already used the same one to profit on other stocks this year.

For example, Applied UV Inc. (NASDAQ: AUVI) spiked 110% on January 12 with news of a new patent for its Fight Flex LED solution.

Using the same pattern as VVPR yesterday … I pulled a $4,865 profit from AUVI in January with a starting stake of $10,745. My trade notes are below:

Source: Profit.ly

These trade opportunities keep getting bigger.

The market is already hot in 2024, but we’re about to see a new level of bullish momentum …

Make sure to study these past trades before the next bull-market catalyst hits.

The Next Trade Opportunity

© Millionaire Media, LLC

Some stocks that spike won’t follow this specific pattern.

That’s why it’s essential for traders to gain experience. We don’t know which stocks are the best plays until we can recognize the price action in real time.

I hold trading live streams to help traders gain exposure. Today there are sessions at:

  • 10 A.M. Eastern
  • 2 P.M. Eastern
  • 4 P.M. Eastern
  • 8 P.M. Eastern

Here’s the link for our live trade sessions.

It’s also helpful to see these plays overlaid on a chart. Let’s take a look at my trade on VVPR from yesterday.

My trade notes are below, I had a starting stake of $11,993:

Source: Profit.ly

And here’s my trade on the chart:

VVPR chart intraday, 1-minute candles Source: StocksToTrade

Notice the stock spiked in the morning … I had all day to recognize the price action and build a position. That’s key!

I’m not buying shares at random, I’m identifying specific areas of predictable price action and playing the volatility for a quick profit.

We see trade opportunities like this every week! VVPR and AUVI are just two examples.

So far in 2024, I’ve made 139 trades and pulled a total profit of $81,044. That includes my losses.

And I’m not the only one using this process to trade … I have over 30 millionaire students with more on the way. Take a look at the Tweets I posted below:

We all use the same process to profit.

There’s still enough time to bank on this 2024 momentum …

The Next BIG Catalyst

© Millionaire Media, LLC

There’s a huge government catalyst that we’re watching right now. Once it hits, everything points toward an all out buying spree.

Analysts calculate $2 trillion of market momentum.

That’s on top of the already red-hot market in 2024. And since three out of four stocks follow the market … We can expect this small-account volatility to grow.

The last time this happened, market indices like the S&P 500 ETF Trust (NYSE: SPY) rallied 100%!

Take a look at the chart below where every candle represents one trading day:

SPY chart multi-month, 1-day candles Source: StocksToTrade

The market is already on an intense bull run in 2024. And once this catalyst goes public, I expect another massive market reaction.

We’ve got about a month to prepare.

But the ONLY live briefing session is this week on Thursday, April 4 at 8 P.M. Eastern. You’ve still got time to reserve a spot!

>> The $2 Trillion Market Catalyst Briefing Session <<

If you thought these +100% moves on AUVI and VVPR were big … Get ready. There are even bigger runners on the horizon.


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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”