It’s Tim Sykes here.
My millionaire students and I … We don’t trade at random.
There’s a specific trading pattern that I followed to pull profits from Safe Pro Group Inc. (NASDAQ: SPAI) yesterday:
And Forte Biosciences Inc. (NASDAQ: FBRX) the day before:
There’s a science to this.
A science that we can exploit for gains.
The difference between my millionaire students and students who are just starting: My millionaire students can recognize the science in real time.
They can see the patterns forming with enough time to get in.
Now, the best way to learn this process is by seeing it happen live …
I have a LIVE trading webinar today, November 22 from 12 P.M. to 2 P.M. Eastern.
Jack Kellogg has a LIVE webinar today from 2:30 P.M. to 4 P.M. Eastern.
Challenge students: Log in to profit.ly, click on ‘Premium Content’, then click on ‘Important Links’.
Not a Challenge student?? Watch the next FREE trading webinar.
The second best way to learn this process … Study A LOT of past trades. That’s what we’re going to do in this blog.
Here are my trade patterns in action:
Taking A Good Loss
Even the best traders lose from time to time.
On Profit.ly it shows that I have a win rate of 76% with $7.8 million in profits.
One of my most successful students, Jack Kellogg, has a win rate of 56% with $13.3 million in profits.
You’re going to lose a trade eventually.
The key is to recognize when the trade is failing, and get out before it does too much damage.
Small losses are part of the process. Big losses are not.
Let’s take a look at an acceptable loss:
Here’s my position overlaid on the chart, every candle represents one trading minute:
I bought shares in anticipation of a breakout. When it didn’t surge, I sold for a small loss.
I was on the right track, the price pushed higher after I sold. But the chart didn’t follow my trade plan.
Understand that SPAI could have fallen lower after I sold, there’s no way of knowing. I’m just putting myself in a position to bank on the best plays.
If the stock fails, my #1 goal is always to protect my account.
Plus, I can get back in later …
Locking In Profits
SPAI was still one of the hottest stocks in the market.
I kept watching it even though I took a loss during premarket hours.
And sure enough, it showed me another opportunity to profit after the market opened for regular hours:
Here’s my position overlaid on the chart, every candle represents one trading minute:
I watched the price fall drastically from the premarket highs.
I knew $5 was a key level and when the price fell below it, there was an opportunity to bank off of overaggressive short sellers.
It looks like a small move on the chart. That’s because I’m just taking the meat of the move. That’s the beauty of these trade patterns …
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We can choose systematic profits over wild gambling.
How To Trade These Spikes
The patterns that we use are always the same.
In this blog, you saw me trying a breakout pattern and a panic dip-buy pattern.
Now …
I used to tell my students to focus on one pattern at a time. Too many patterns can become confusing.
But in 2024, my students can track each of my patterns on the market’s hottest stocks with little to no experience!
My AI trading bot is trained to follow these patterns on the hottest stocks.
>> Use AI To Build Smart Positions On The Next +100% Runner <<
Cheers.
*Past performance does not indicate future results
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