Stock market mastery isn’t about learning a few patterns. It’s really more about mastering yourself. Anybody can learn the mechanics, the patterns, how to read level 2…
But consistently profitable traders master themselves. They know how to cut losses and walk away. Or when to be patient if that suits their strategy.
That’s why it’s so important to get inside the mind of someone successful. It’s why the Trading Challenge has so many live webinars. And it’s why we’re doing another episode of Market Mastery 2020 on July 31. Keep reading for more about that.
First, please help us help others…
Table of Contents
- 1 Yemen Fundraiser: The Final Push
- 2 Market Mastery 2020
- 3 Trade of the Week
- 4 Stock Market Mastery Mindset
- 5 Millionaire Mentor Market Wrap
Yemen Fundraiser: The Final Push
So far, Karmagawa has raised $448,177 to help children in Yemen. Our goal is $500,000 — I believe we’ll get there. But we have only this week to get it done. The fundraiser ends on July 31.
This is why it’s so important…
Today in Yemen, a child will die every 10 minutes due to malnutrition, hunger, or lack of medicine. It’s the world’s greatest humanitarian crisis right now. But what many people don’t understand is that it could get worse.
In a report by the BBC, Lisa Grande of the United Nations had this to say…
“I think many of us felt, as we went into the 21st century, that it was unthinkable that we could see a famine like we saw in Ethiopia, that we saw in Bengal, that we saw in parts of the Soviet Union. That was just unacceptable.
“Many of us had confidence that would never happen again. And yet, the reality is that in Yemen, that is precisely what we are looking at. We predict that we could be looking at 12–13 million innocent civilians who are at risk of dying from the lack of food.”
The civil war in Yemen has been ongoing since 2015. And there’s a naval blockade. So it’s not easy to get supplies to the people who need it.
When the markets close each day, I’m talking with charities. Why? We’re trying to figure out how to get supplies there — how to help the max number of people. We’re doing our best, but we need help from you.
Donate to Karmagawa’s Yemen Fundraiser
Please donate to Karmagawa’s Yemen Fundraiser today. If you’ve already donated, please share the link.
I’m donating all my trading profits from June and July to the same charities Karmagawa is working with. That’s Unicef Yemen, Save The Children Yemen, and Doctors Without Borders.
As I write that’s another $358,608.* I’ll do my best to grow that number by Friday. Do me a favor and help the FB fundraiser number grow, too.
I’ve made $350,000+ the last 2 months going long, see ALL my trades https://t.co/IRTgz3uLsW & it’s my honor to donate 100% to charity, right now it’s to #helpyemen but I need to apologize for being negative/ranting too much on Twitter, I’ll do better…have a great/safe weekend! pic.twitter.com/kM3XHtEv0z
— Timothy Sykes (@timothysykes) July 24, 2020
I’m often asked why I donate all my trading profits to charity. First, it’s my honor to donate to deserving charities and try to create a better world.
Market Mastery 2020
It’s happening this Friday, July 31. If you’re already in — mark that date on your calendar.
IMPORTANT: If you’re brand new to penny stocks, get my FREE penny stock guide now. Read it right away to create a strong foundation for the Market Mastery session.
If not, check this out … Every month, I host an all-day live trading and Q&A webinar. It’s called Market Mastery. But here’s the killer thing…
For one investment, you get access to 12 Market Mastery LIVE trading sessions. But you also get a ton of other educational materials to help you prepare.
Again, when you invest in Market Mastery 2020, you’ll…
- Join me for live trading once a month for 12 months. Look over my shoulder as I share my thought process and answer questions.
- Get one “high conviction” trade alert every month. (Remember, it’s not about the alerts. Alerts are real-time reminders of the patterns I teach.)
- PLUS: you’ll get video lessons on morning panics and access to my “Volatility Survival Guide.” (So you can prepare for the webinar ahead of time.)
I want you to come to the webinar prepared. Sign up today and watch those videos in preparation for July 31. As you’ll see, these stocks move very quickly. You need to be prepared ahead of time.
WARNING: If you hear me alert a stock in the live session on Friday, or you get an alert by email … the purpose is for you to understand my mindset. NOT to follow me into a trade. Never follow another trader’s alert. EVER.
Let’s take a look at the…
Trade of the Week
On July 21, I wasn’t having the best trading day. It happens. Then, the StocksToTrade Breaking News guys alerted this…
Immersion Corporation (NASDAQ: IMMR)
Augmented reality stocks were hot last week. Immersion didn’t even issue a press release when a new patent was awarded. But the STT Breaking News guys picked up on it right away. IMMR had a beautiful spike.
Check out the IMMR chart from July 21:
You should be using StocksToTrade. Get in the Breaking News Chat, too. This trade wouldn’t have happened without it. It’s moderated by two stock market pros who curate the news. You don’t have to sift through thousands of pieces of news. Instead, see only news with the potential to create big moves.
For the record, I’m an investor in StocksToTrade and I helped develop it. It’s designed for the low-priced stocks I trade. And now with the Breaking News Chat, it’s even better suited for this niche.
Stock Market Mastery: You Don’t Have to Be First to Win
IMMR was a perfect example. As you can see, I didn’t even get in on the initial spike. For me, I react to the spike and then see which spikes can keep going. From my entry, there was 80 cents a share of upside (roughly 12%) and it was already up 40 cents per share.
This was a solid 7.51% gain for $2,040 in profit.* I’m happy to take that any day of the week.
The lesson is: you don’t have to be first.
(**Please note: Results are far from typical. Individual results will vary. Most traders lose money. I have the benefit of years of hard work, dedication, and experience. Trading is inherently risky. Do your due diligence and never risk more than you can afford to lose.)
Several Breaking News Chat members reported solid trades. One guy even reported taking an options trade based on the alert. Which brings up my millionaire student Mark Croock. He’s made $2 million in profits* and now he teaches options.
For me, I don’t have time to learn another strategy. But if you want to learn options trading, Mark is crushing it.
The Breaking News Tool Is Key
Trading is a battlefield. You need to have the right weapons. Would you choose to thrive or be decimated? If you answered thrive, then the Breaking News Chat is one tool I consider key. For me, it’s been a game-changer.
Here’s another way to prepare for battle…
How to Prepare BEFORE You Enter the Trading Battlefield
Stock Market Mastery Mindset
It’s too easy to believe the market owes you. Especially when you’re in a winning trade. That little inner voice, the greedy trader, starts to whisper to you. Don’t give in. Stock market mastery is about the process.
Stock Market Mastery: Take What the Market Gives You
Remember, singles add up. Be proud when you take singles. We’ve had a crazy market, and there are people out there who will do anything to try to pull you down.
Take what the market gives you, but don't get greedy. Never forget that singles add up, you do NOT need to go for home runs as gunslingers always think they found an easier way to make $ until they lose big/everything & it's only too late when they realize the error of their ways
— Timothy Sykes (@timothysykes) July 24, 2020
I see it all the time … “Tim, your students only make a couple hundred dollars per trade. That’s SO little…”
Don’t pay attention to any of that. Those gunslingers will go bankrupt. They’ll blow up. We’ll hear from them in a year or two years. Or maybe if the market gets hot again they’ll get cocky and come back.
They’re the same morons who make newbies believe that these stocks are investments. Sadly, too many newbies don’t understand the difference between trading and investing. When you see me fighting with newbies on Twitter to try to wake them, remember it’s my job. It’s not your job to try to de-brainwash people.
Instead, you focus on the process. Focus on taking what the market gives you. Learn to cut losses quickly and take singles. That’s the road to freedom.
Millionaire Mentor Market Wrap
Let’s wrap this up…
If you haven’t donated to Karamagawa’s Yemen Fundraiser, don’t let another day go by. Donate now.
To get the most out of the next 12 months, sign up for Market Mastery now. I can’t guarantee you’ll gain stock market mastery. But I will share my 20+ years of knowledge with you. (Be sure to go through all the prep materials before Friday. Come prepared so you get more out of it.)
Finally, learn to take what the market gives. Study my trades to see just how conservative I am. Gunslingers might show you mouth-watering screenshots on occasion. But they won’t share every trade. They also won’t be around five or 10 years from now.
Is stock market mastery possible? Or should you focus on the process and work to be better today than you were yesterday? Comment below, I love to hear from all my readers!