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5 Urgent Tips to Survive This Market Volatility 😱

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Written by Timothy Sykes
Updated 9/27/2023 7 min read

Don’t look now, but the market looks UGLY.

And to make matters worse, we’re now entering what is historically the most volatile and brutal period for stocks.

We rallied hard during the first half of the year thanks to all the hype around AI…but fears of inflation staying elevated for some time have put stocks under heavy pressure.

The market is volatile and always changing, but there’s a way to weather the storm…and even thrive.

I’ve broken it down to five key insights based on my 20+ years in the trading game.

#1 Discipline: The Foundation of Every Trade

frequently asked questions about penny stocks to watch
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I can’t stress this enough: discipline is your best friend in this game. It’s not just about recognizing patterns.

It’s about having the mental fortitude to stick to your strategy, especially when the going gets tough.

Sure, alerts can be helpful, but blindly following them?

That’s a rookie mistake.

Use them as tools to hone your skill set and identify patterns that resonate with you. Remember, the journey is about refining your process, not chasing instant riches.

#2 Profits, Peaks, and Pitfalls: The RNAZ, BPTS, and MOND Lesson

Let’s chat about RNAZ, BPTS, and MOND.

These stocks taught us a vital lesson recently.

When you see impressive spikes, it might be time to cash in.

Staying too long at the party can hurt.

These stocks had notable drops after their highs.

The takeaway?

Ride the wave, enjoy the hype, but always be ready to make a strategic exit.

#3 Have A Plan

Tim Sykes checking his top penny stocks list in Italy
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Everyday I come in with a list of stocks I’m watching and potential entries. Now, that doesn’t mean I will trade these stocks. But if the right conditions meet, I’ll be prepared.

I can’t tell you how many traders come into the day without a plan.

You’re more likely to overtrade and jump into subpar setups when unprepared.

For example, here’s what I was thinking about AVTX and CYBN earlier this week.

Their uptrends aren’t screaming ‘buy’ to me, but an intraday panic could change the game. 

Speaking of games, CYBN’s trajectory post-Stevie Cohen’s investment is fascinating. 

Billionaire plays can still yield results, but timing is everything.

#4 Catalyst Plays Are Still Hot

During market sell-offs, most stocks will follow each other.

If you want to find stocks that will buck the trend, you must focus on catalyst plays.

If you want to stay informed, then you really need to invest in a tool like StocksToTrade Breaking News. 

For example, yesterday I was able to “make my day” in the ticker symbol DMK following a breaking news announcement.

Source: StocksToTrade Breaking News

#5 Don’t Be Stubborn

In an ugly market, you must stay safe. I often tease short sellers because they ignore price action and rely too much on logic.

The same problem can happen to long-only traders. They might start buying stocks because they are “down too much” but in a market sell-off, you don’t want to be the one trying to catch a falling knife.

Now that doesn’t mean I won’t try to dip buy, I will. I just need to respect my risk management rules and cut losses quickly if I’m wrong.

The market’s giving me some signals lately, and I’d be lying if I said I wasn’t a bit cautious.

Historically, this time of year has seen its fair share of crashes.

Whether we’re headed for one, or it’s just traders getting jittery, it’s essential to tread with caution.

If a crash does come our way, I’ll be ready to capitalize on some fantastic dip buys, while others might be panic selling.

Why?

Because I’ve studied, prepared, and always respected the lessons of the past.

Ready to Thrive Amidst Market Volatility? 📉🚀

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Even in the world of trading, where uncertainty is the only certainty, the current market’s gyrations can leave the best of us second-guessing.

The plays like RNAZ, BPTS, and MOND are testaments to the rapidly shifting sands.

You’ve seen how stocks that were rallying hard have now been pummeled by fears surrounding prolonged inflation. The landscape has changed, and only the well-prepared will weather the storm.

🔥 Recognizing patterns is only half the battle, adapting to them in real-time is where the war is won.

🔥 Billionaire plays, catalyst moments, and crucial intraday panics are redefining success in this climate.

🔥 In a sea of red, where every tick could be a potential trap, how do you ensure that your strategies don’t just survive but thrive?

🚀 Join our exclusive live training to gain a tactical advantage in these turbulent times.

🚀 Decode the chaos with insights garnered from over two decades of trading experience.

🚀 Witness in-depth analyses of current market behaviors, understanding not just the ‘how’ but the ‘why’.

🚀 Arm yourself with strategies tailored for this specific market climate, ensuring you stay two steps ahead.

Don’t just aim to navigate these choppy waters – conquer them.

Are you ready to turn volatility into victory, leveraging every dip, spike, and sway?

Your Masterclass to Dominate Today’s Market is Here. Let’s Crush It!

👉 SECURE YOUR SPOT NOW!👈



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Author card Timothy Sykes picture

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. Read More

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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 (205) 851-0506 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”