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How To Spot A +100% Spiker:

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Written by Timothy Sykes
Reviewed by Jack Kellogg Fact-checked by Ellis Hobbs
Updated 12/6/2024 4 min read

It’s Tim Sykes here.

Last week we saw multiple +100% runners in the market …

And the strongest setups all shared something in common.

For example:

  • Senti Biosciences Inc. (NASDAQ: SNTI) spiked 680%*.
  • Gaxos.ai Inc. (NASDAQ: GXAI) spiked 155%*.
  • Greenwave Technology Solutions Inc. (NASDAQ: GWAV) spiked 240%*.

They all shared this one factor …

It’s a necessary mechanism that helps to create the huge spikes that we see in our niche.

And once we find these spikes, we can trade them using popular patterns.

The most volatile stocks in the market can follow these patterns because people are predictable during times of high stress.

Without these patterns, you’d probably be stressed too if you had a few thousand dollars in a stock spiking +100% …

We’re trading human psychology.

But the patterns are useless if we’re watching the wrong stock.

This week there will be a ton of opportunities to profit. Here’s how to ensure you’re watching the right stocks:

The Next +100% Spiker

© Millionaire Media, LLC

There are thousands of stocks running every day.

But we’re only interested in the strongest spikes.

I’m not here to gamble on random plays … I’m only trading the best setups. That’s how professional traders mitigate risk in the market.

Anything can happen at any time. We’re in a better position to succeed when we watch the strongest plays.

We’re giving ourselves the best chance to profit. And we’re staying away from plays that could lead to unnecessary losses.

The stocks that I shared earlier, the main reason they spiked so high … They all have a low supply of shares in the float.

Anything below 10 million shares is considered a low float.

The low supply helps prices spike higher when demand increases. It’s a simple law of supply and demand.

  • SNTI float: 2.8 million shares.
  • GXAI float: 895k shares.
  • GWAV float: 14 million shares.

GWAV has 4 million more shares than the goal of 10 million or fewer, but understand, this is an inexact science.

14 million is much closer than most other stocks in the market … By comparison, Meta Platforms Inc. (NASDAQ: META) has 2.1 billion shares.

The strongest spikers this week will have low share counts in the float. That’s where we’ll find the best opportunities to trade.

How We’re Trading Right Now

© Millionaire Media, LLC

Once a trader finds a low-float stock that’s spiking higher, they still need to trade it.

There’s no telling how high it could spike. We need a plan of attack to get in and out with any degree of safety.

Luckily, the hottest stocks in the market like to follow popular patterns.

The full life cycle of these stocks is called the 7-step framework.

Within the framework, there are multiple patterns that we can use to trade.

Now … I used to tell my students to focus on one pattern at a time. Too many patterns can be confusing for new traders.

But in 2024, my newest students are using AI to track this price action. The AI follows my framework on the hottest stocks.

All of my patterns are now in one place, and my student can trade as if I’m in the room with them.

>> Prompt My AI With Today’s Hottest Stock <<

Follow the trade plan it spits out. And take notes!

Soon enough you’ll find these plays all on your own.

Cheers.

 

*Past performance does not indicate future results


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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”