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Trading Lessons

Where Do You Get Your News?

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Written by Timothy Sykes
Updated 4/18/2024 5 min read
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If you listen to the larger media for stock market information … Good luck finding a silver lining. The stock market at large is dipping lower and investors are scared.

But there’s a small niche of traders who are able to access HUGE bullish stock spikes right now.

Like the 360% spike on INVO BioScience Inc. (NASDAQ: INVO) yesterday. Take a look at the chart below where every candle represents three minutes:

INVO chart intraday, 3-minute candles Source: StocksToTrade

There’s A LOT of opportunity to profit on that chart.

Now … let’s compare it to the larger market this week.

On the S&P 500 ETF Trust (NYSE: SPY) chart below, every candle represents 10 minutes:

SPY chart multi-week, 1-day candles Source: StocksToTrade

Pretty dismal …

As small-account traders, it’s more advantageous for us to focus on short term runners like PRZO than the larger market’s chaos.

Find The Next +100% Runner

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Major media outlets don’t cover small-account opportunities like PRZO.

If they do, they’re usually confused by the intense short term volatility. And likely disinterested by the lack of liquidity for the multi-billion dollar hedge funds.

But again … For small-account traders, these are perfect setups.

  • We can get in and out quickly without worrying about the long term success of the stock.
  • The lack of liquidity isn’t an issue for us because our position sizes aren’t anywhere near that of a hedge fund … My average position size is around $18,000.

I’m not scouring Yahoo Finance for these setups.

In fact, I wait for specific alerts. There’s hardly any scouring involved at all. Take a look at the chart below to see the alert I got on INVO yesterday.

Every candle represents one minute:

INVO chart intraday, 1-minute candles Source: StocksToTrade

I traded INVO multiple times yesterday. And it’s all because I had eyes on it early!

Take a look below at my INVO returns from yesterday.

With a starting stake of $9,460:

Source: Profitly

With a starting stake of $30,754:

Source: Profit.ly

With a starting stake of $13,700:

Source: Profit.ly

And INVO wasn’t the only alert from this week …

More Breaking News Runners

high frequency trading
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Keep these stocks on your watchlist. They’re still in play this week!

One after the other:

Monday, April 15 …

KAVL chart intraday, 1-minute candles Source: StocksToTrade

Tuesday, April 16 … 

PALI chart intraday, 1-minute candles Source: StocksToTrade

Another on Tuesday …

WISA chart intraday, 1-minute candles Source: StocksToTrade

And on Wednesday, April 17 we saw INVO.

There’s likely another stock that’s spiking today. There’s still time before the market closes!

And don’t even get me started about the Friday volatility looming this week …

Get the next Breaking News alert!

There’s a new profit opportunity every day for small-account traders like us!

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”