Refusing to adjust your trading strategy can lead to disastrous consequences…
What worked for you last year may not necessarily work this year.
Imagine if scientists didn’t adjust their vaccine-making techniques to keep up with constantly-evolving viruses.
Similarly, trading opportunities that were abundant in the past may not be present now, but that doesn’t mean there aren’t any profitable trades available.
As a trader, it’s important to keep learning and evolving…
And over the last few days, I’ve discovered some great opportunities for traders that they need to focus on.
In just a few minutes I’m going to share with you how I’ve been able to spot these opportunities…
And what my next steps are in the coming days.
Let’s get to it!
Table of Contents
What’s Working In This Market
The market is always changing, and even though I feel like a broken record, I’m constantly reminding traders that what works today may not work a week from now.
You need to know how to spot opportunities in this forever-changing market, without putting your trading account at risk.
Over the last few days, I’ve noticed a change in the market that could be potentially dishing up some prime opportunities for traders in the days ahead…
But how I found these opportunities wasn’t by luck, but rather by testing a thesis based on what I’ve been seeing.
When it comes to testing out something new, I’m not doing it with a large position size and I’m not looking to make a lot of money doing it…
What this is doing is setting me up for something potentially bigger down the road.
I’m seeing way too many traders on social media and in chat rooms that simply don’t want to trade small, or test out new theories…
They simply just want to be told what to do and only have one goal in mind, to make a lot of money and make it fast.
Hate to break it to you, but if that’s your mentality, you’ll be packing your bags quickly and be stuck at a boring 9-5 job.
I tell my students all the time that they need to know how to test out new strategies.
This is something that most traders don’t want to hear, they don’t like change…
But I’m here to tell you what you need to hear, not what you want to hear.
The market can be very unforgiving and I don’t want you to be blindsided by any sudden changes in the market.
I want you to succeed, not fail…
That’s why I continue to share with you everything I’m seeing so you can better understand the process behind trading penny stocks.
This week I’ve been testing out a few trades in the market, and what I found out to be working is the First Green Day Pattern.
I’m not risking a lot, I’m not getting too aggressive…
I’m simply testing the waters and sometimes when you find one opportunity, others start to pop up.
Let’s take a look at a few stocks I’m seeing and what you should continue to look for…
OTC Plays
I love OTC plays, and it’s nice to see that they are starting to offer some opportunities for traders.
This week, a lot of these stocks started to bounce and they’re holding their gains going into the close.
The next day, the stock ends up jumping, giving traders the opportunity to lock in profits as soon as the market opens.
Typically you may see me do this for my over-the-weekend strategy, but it can also be applied to these OTC stocks in the middle of the week.
Let’s take a look at a few opportunities out there…
DarkPulse, Inc. (OTC: DPLS)
Notice that the stock had its First Green Day, then the next day it spiked at the open.
Eventually, it panicked, that’s why you never want to stay into these plays for too long and just lock in those singles.
Vision Energy Corporation (OTC: VENG)
The same exact thing happened here where VENG spiked and closed strong on its First Green Day, and then spiked early the next morning.
It too failed shortly after the market opened, it dropped from nearly $2.50 a share to below $1.00 a share, that’s over a 60% drop!
That’s where traders can look to capitalize on these dip buying opportunities, which is all a part of my 7-Step Penny Stocking Framework.
More Breaking News
- Global Affairs Trigger Surge in Ur-Energy Inc. Stock
- Nvidia Boosts Nebius with $2B Investment in AI Cloud Collaboration
- EONR’s Recent Leap: Key Insights and Expectations
- Nebius Stock Jumps as Nvidia Injects Strategic Funds for AI Cloud
Enzolytics, Inc. (OTC: ENZC)
ENZC is still offering that same type of opportunity, but notice that this stock has been consolidating after its run-up.
This stock sticks out to me because of its multiday run, and what we know about these OTC stocks is that the further they run, the better the panic could be down the road.
One common thing between all of these stocks is that they were all former Supernovas…
And a lot of traders have been asking me why I don’t just buy them all and hold them…
And the truth is that a lot of them are left for dead, take a look at HUMBL, Inc. (OTC: HMBL)
I never buy and hold onto any stock that I trade, and this is a clear example.
But just because they are nearly worthless doesn’t mean I’m going to simply ignore them…
And when one OTC starts to spike, you tend to see more of them join the party and start to spike.
When I first saw how these First Green Day patterns are playing out, I thought to myself…
Ok, this pattern is working right now, what else is out there?
These plays aren’t going to make you a ton of money, but remember it’s a marathon, not a sprint…
You’re not going to get rich overnight with these OTC plays.
I want all of you to continue to look for those OTC stocks that have a First Green Day that is closing strong…
And if you missed any of these other trades, make sure you add them to your watchlist as they can offer a dip buying opportunity in the days to come.
Who knows what will happen next week, but right now, this is what I’m focused on and you should be too!
I’ll see you in chat.
-Tim
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