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Can You Still Succeed With Weekend Trades?

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Written by Timothy Sykes
Updated 6/15/2026 7 min read

Do you think that you have to be in front of your computer nonstop to succeed as a trader?

What if I told you that my biggest winners over 20+ years of trading have happened over the weekend?

Every once in a while, someone comes along and says

“But Tim, that pattern doesn’t work anymore, does it?”

Let’s put that BS to rest…

Yes. It DOES still work.

Of course, you can’t just buy ANY stock on a Friday and sell on a Monday.

Let’s take a look at my last weekend trade because it fit the framework perfectly (and was a HUGE winner).

And the best part?

The messages from students who succeeded with this trade just kept rolling in throughout Monday morning.

Check it out…

The Setup: The Weekend Trade

On Friday (June 12) I alerted my Weekend Trader subscribers that I’d bought 3,000 shares of FreeCast Inc. (NASDAQ: CAST) at $1.52 per share.

I sent the alert at 3:50 p.m. ET. My intention was to sell it either after-hours on Friday, or hold it over the weekend:

Here’s what I look for in a weekend trade…

A Solid Catalyst

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FreeCast announced an expanded relationship with DIRECTV on Thursday (June 11).

Source: FreeCast via BusinessWire
Source: FreeCast via BusinessWire

This part of the press release caught my attention:

“Management believes the integration of DIRECTV into the FreeCast ecosystem represents one of the Company’s most immediate recurring-revenue opportunities, enabling FreeCast and its partners to offer a recognized premium television service through existing sales and distribution channels while expanding subscription-based monetization across multiple vertical markets.”

A catalyst is important for any trade, but for weekend trades it makes a huge difference.

Why?

Because so many less meticulous traders play catch-up over the weekend, trying to figure out why a stock spiked.

The next thing I look for in a weekend trade is…

The Right Price Action

I look for a stock that spiked big (due to the catalyst) and is closing strong (preferably at, or near, the high of day).

CAST was up 153% when I bought it. That might seem like chasing, but check out the chart…

Source: StocksToTrade CAST 6/12-15/26, perfect weekend trade setup, CRUSHED it!
Source: StocksToTrade CAST 6/12-15/26, perfect weekend trade setup, CRUSHED it!

As you can see, even though CAST was up a lot, it was largely holding its gains.

There was also strong support in the $1.20s, which held in after-hours trading.

The next thing I look for is…

A Gap Up On Monday

In the past I would hold until the market opened on Monday.

That was partly because my weekend trade setup worked so well for OTCs (which didn’t trade in extended hours until 2024).

But it was also because I didn’t really like trading premarket.

That is, until everything changed. Now premarket is one of the best times to trade (there are SO many premarket spikers).

What happens if it doesn’t gap up? I follow rule #1 and cut losses quickly. It’s as simple as that.

That said…

CAST was about as perfect as a weekend trade gets.

Even though I sold too soon, I still made a 121% or $5,520 profit with a starting stake of $4,560.*

And it wasn’t just me. Several students crushed it…

Millionaire Moves

This market is on FIRE…

And  there were SO many more. Here are just a few of the dozens of comments from students in chat yesterday:

7:18AM TechST:Sold $CAST from weekend play where I entered @ $1.38 and sold @ $5.19. ThinkOrSwim didn’t let me sell in the $5.40 since they don’t allow 4AM and glad it held for 7AM opening still nice profit. Sadly I played too safe with other 200 shares in TradeZero and could have been up 2K but no regrets protecting my gain since things to close on a hight*

8:40AM mraber:Trading with a 200$ account, took 100 shares of $CAST Friday going into close, waould have loved to sell premark early but tos don’t let that happen till 7 and had work at 550 sold my position at 4.50 for a 59% gain*

11:10AM GregS1456timothysykes:$CAST $1.41 – $ $5.18 Bought Friday in AH and sold after Schwab opened today*

Are you FINALLY ready to start taking advantage of the opportunities in this CRAZY post PDT market?

Yes?

Then you’ll want to be here on June 26th – 27th…

The Millionaire Formula Conference

It’s BACK by popular demand…

Two days learning the BATTLE TESTED formula my 50+ millionaire students used to crush the market.

This time I’ll be joined by Jack Kellogg and Bryce Tuohey.

That’s a combined $36 million in profits between 3 traders.

On Day 1 you’ll discover The Millionaire Formula  and on Day 2 you’ll learn how to SUPERCHARGE it.

It’s FREE. The ONLY catch is you have to register ahead of time… 

Register for the Millionaire Formula Bootcamp Now

On My Radar 

  • The weird and wonderful world of twitter: My 7-step framework goes viral in Chinese
  • Regentis Biomaterials Ltd. (NYSE American: RGNT) was the latest to go FULL Supernova yesterday
  • Finally… If you EVER see any of these scumbags claiming to be me or my assistant or deputy, please report and block. They are scum of the earth trying to SCAM people:
Source: X/ Twitter scumbag scammers. Aye, aye, aye…
Source: X/ Twitter scumbag scammers. Aye, aye, aye…

Key Takeaway

Any time someone asks if an old pattern is still relevant in today’s market, all I can do is shake my head.

I’ve been trading for over 20 years and its the same damn patterns, year in and year out.

Does the market change?

Of course…

Different sectors get hot.

The market shifts from bull to bear and back again.

And rules change (like the recently dropped PDT rule).

But through everything, the patterns are there.

And that’s because they are based on supply and demand coupled with fear and greed.

So, can you still succeed with weekend trades?

YES!

Now go study up and I’ll see you at the bootcamp on June 26th and 27th.

Cheers,

 

– Tim Sykes

 

*Results not typical. Past performance is not indicative of future results.



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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.
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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”