timothy sykes logo

Trading Tips-Tim Sykes Penny Stock

Your Last Chance: The November 5 Trade!

Timothy SykesAvatar
Written by Timothy Sykes Reviewed by Jack Kellogg Fact-checked by Ellis Hobbs
Updated 10/30/2024 4 min read
Your Last Chance: The November 5 Trade! Thumbnail

Welcome traders,

The biggest trade opportunity of the election is right around the corner!

I’m not buying shares until after the election results are public.

Which means you’ve still got time to prepare … But after tonight you’re on your own.

The price action will change as we approach the election, and I don’t want to confuse people with multiple analyses.

So …

Tonight at 8 P.M. Eastern I’m detailing this FREE trade setup, LIVE:

Reserve your spot NOW for the #1 election trade in the market!

This is a huge event!

We won’t see another election for the next four years. And more importantly, we might never see another trade opportunity related to an election like this again!

We’ve already witnessed election volatility unlike anything we’ve seen from previous presidential races.

For example, there’s never been a presidential candidate with their own stock …

I’m speaking of course about Trump’s Trump Media & Technology Group Corp. (NASDAQ: DJT).

The stock is showing us A LOT of volatility as we approach November 5. In October the price rallied 260%*.

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

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

Traders in our community are taking full advantage of this volatility.

For example: One of my most successful students, Jack Kellogg, has already traded DJT in October multiple times.

Take a look at one of his trades below:

Source: Profit.ly

And the biggest election trade is still ahead of us:

How To Protect Your Account

There’s a lot of opportunity right now …

But there are also dangers.

This volatility can act as a double edged sword. Those who throw caution to the wind, risk getting cut.

More Breaking News

There’s a very important trading rule that traders NEED to follow right now. It’s called, “buy the rumor, sell the news”.

Essentially, it means, ‘don’t hold shares through a public event’.

There’s not telling how these election stocks will react after the election (DJT, PHUN, etc.).

Let’s use DJT as an example …

A trader might buy shares of DJT expecting a Trump presidency. But it’s possible that everyone bought shares of DJT expecting a Trump presidency. That means a Trump win is priced in for this stock.

Then, let’s say Trump wins the election on November 5 … everyone who would have bought as a result of the win, already did. And all that’s left are sellers. So the stock drops.

Stocks can behave unpredictably as a public catalyst comes to pass.

To protect our accounts, we focus on the volatility before and after an event. We don’t hold shares through an event.

There’s a lot that a new trader doesn’t know about this market … Don’t worry! Jack and I are here to help.

See my post on X below:

No matter the election outcome, we’re sure to see volatility in the market.

You don’t need to be first to this move. You just need to know the setups that we like to trade.

>> This Is The #1 Post-Election Trade To Make <<

It’s following our framework perfectly!

Cheers.

 

*Past performance does not indicate future results

How much has this post helped you?

(0 votes, average: 0 out of 5)
Leave a reply

* 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”