In this post, I\u2019ll share an amazing upcoming trading opportunity with you. It\u2019s time sensitive, so keep reading. But first, we need to clear up something. There\u2019s a big difference between an opportunistic trade and believing in the company. I get a lot of DMs and emails asking about specific companies as investments. Even on Trading Challenge webinars, students sometimes ask, \u201cWhat do you think about this ticker? What do you think about that stock?\u201d And when I say I\u2019m not interested, they come back with, \u201cBut it\u2019s a good company \u2026 they have this new product ... It\u2019s the real deal.\u201d\u00a0 That\u2019s a dangerous mindset to have. Paleo Trading: Good Company, Bad Company Too many newbies have a very simplistic view of trading: good company versus bad company. I often call it the caveman approach. That\u2019s probably unfair to Stone Age humans, but it gets the point across. Most traders and investors think \u201cgood company vs. bad company\u201d or \u201cundervalued vs. overvalued.\u201d To make matters worse, the Twitter pumpers feed into this simplistic view and brainwash newbies into believing the hype. Then the brainwashed newbies on Twitter say\u2026 \u201cSykes, you talked trash about the company, and then you bought it. You must be lying. You want us to sell so you can get it at a better price.\u201d What? NO! Don\u2019t you get it? I see it as... A Good Trading Opportunity I\u2019m not investing in the quality of the company. I\u2019m trading based on the value of the trading opportunity. It\u2019s a little different, a little more nuanced compared to how most people think. But it makes all the difference. Here\u2019s my take\u2026 They\u2019re all gonna fail. 99.9% of these companies will go bankrupt. They\u2019ll either go out of business or their stock will drop 99% in the next few years. And, yet, look at my trades\u2026 I buy those same companies. The key is, I don\u2019t trust the promoters, I don\u2019t believe the hype, and I\u2019m not investing. In other words, I recognize junk for what it is. Can You Profit Off of Bad Companies? To put it bluntly, yes. When I started teaching I used to mess with people. I\u2019d write these blog posts with titles like \u201cWhy I Invested $50,000 Into This Scam.\u201d People would say, \u201cWhat are you talking about? Why would you put money into a scam?\u201d\u00a0 So I\u2019d explain how it was a pump \u2014 designed to go up \u2014 and that you could ride it. It was such an abstract view for most people. They didn\u2019t think it was possible because they had the wrong mindset. And they focused on the wrong things. They should have been asking this question\u2026 Good Trading Opportunity or Good Investment? https:\/\/www.youtube.com\/watch?voxsr_UVMJFI At that time, I was also into short selling penny stocks and pumps. But sometimes I would ride the pumps. Back then, promoters were more trustworthy. I know that sounds crazy. But they had to disclose information about their promotional activities. You could read the disclaimer in the email and take an educated guess about how long the stock would run. For example\u2026 If the email said something like, \u201cWe received $3.6 million to advertise this stock...\u201d\u00a0 \u2026 you knew it could run for a while. But if the budget was small \u2014 say, $20,000 \u2014 it might not run at all. So you could judge the holding time based on the budget. Now you just have these promoters with random names on random social media accounts. You don\u2019t know the budget. And when promoters are exposed, they change their names. HINT: use StocksToTrade Breaking News \u2014 they alert all the best and worst pumps. (Quick disclaimer: I helped design and develop StocksToTrade. I\u2019m also a major investor in the platform.) So my trades are NOT based on the quality of the company. These aren't quality companies \u2014 they\u2019re quality trading opportunities. It\u2019s important that you understand the difference. Ride the hype \u2014 but never believe it. Too many newbies believe the hype and go down with the ship. This is why I teach and get so riled up. Focus on the process, learn the rules, and then trade the ticker. How to Spot the Trading Opportunity First, accept there\u2019s a difference between a trading opportunity and an investment. You are NOT buying the next Microsoft. One trade will NOT make you rich. Your next trade is NOT the key to your wealth. It all starts with\u2026 A Willingness to Learn Too many people are so focused on the money that they can\u2019t learn the process. Others are so focused on the hype that they can\u2019t see reality. So if you\u2019re gonna take advantage of a trading opportunity, you have to start with a willingness to learn. And that means you need to be teachable. Confused? Check it out\u2026 How to Be Teachable There are a lot of people who say, \u201cI want to be a millionaire and I\u2019m willing to learn.\u201d The problem is that there\u2019s a difference between a willingness to learn and being teachable. Some people swear up, down, and sideways that they\u2019re willing to learn, only to resist everything I try to teach them. How do you become more teachable? Get inspired to study daily. Focus on the process instead of the money. Pay attention during the webinars and video lessons. Take instruction. Accept the truth about these companies. Most importantly, be willing to\u2026 Overcome Obstacles There\u2019s only a limited amount of information you need to know to be a self-sufficient trader. After that, it\u2019s all about experience, self-discipline, and rules. (I trade with these rules.) But\u2026 There\u2019s a TON of misinformation out there. And that\u2019s why it\u2019s so important to be careful who you listen to. Promoters prey on ignorance and impatience. You have to dissociate yourself from the emotions the promoters use to sucker you in. We all have emotions. So we all want to believe and we\u2019re all a little greedy at times. But the promoters use this to persuade you and then brainwash you. That\u2019s why I consider it my duty to deprogram newbies. Get Inspired, Get Educated, See the Trading Opportunity My goal is for you to see every ticker as a trading opportunity. (That\u2019s not to say you should trade every stock. I look for opportunistic trades \u2014 those with a big reward\/risk.) I want you to see ALL the trading strategies, find what works best for you, and then become self-sufficient. And that brings me back to\u2026 An Amazing But Time-Sensitive Trading Opportunity On October 20, I\u2019m giving a presentation with my friend Paul Scolardi where he\u2019ll explain his strategy. (It\u2019s no cost and no risk to tune in. Register below.) I\u2019m so excited that I recently wired $1 million into my E-Trade account to take advantage of it. That\u2019s how much I believe in it. Check it out\u2026 https:\/\/twitter.com\/timothysykes\/status\/1314222507168276482 Paul and I have been friends for a long time. His strategy has nothing to do with penny stocks. I know \u2026 I\u2019m the penny stock guy \u2026 So maybe you\u2019re thinking, \u201cWhy are you doing this, Tim?\u201d The thing is, the market is so on fire right now that I can\u2019t help but look at other opportunities. Again, it all comes down to the trading opportunity. Paul\u2019s made over $3 million this year.* To put that in perspective, I\u2019ve made $903,208 this year.* And even though it\u2019s my best year ever, I know the value of learning new strategies. (*Please note: Paul\u2019s and my 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.) But I\u2019m not gonna just pick a random strategy. It has to be something I know is working for someone I trust. Risk vs. Reward Remember, you can\u2019t judge a trade on whether the company is good or bad. You have to look at risk vs. reward. The reason I\u2019m so excited about Paul\u2019s strategy is because there\u2019s more upside than risk. Again, it\u2019s not that any of the companies are good. And I don\u2019t believe these companies are going to change the world. But I know when I see a solid trading opportunity. That\u2019s ALL I care about. Join us to discover\u2026 The Hottest Asset Class of 2020 Some of the savviest traders on Wall Street are in on this. I\u2019ve never set aside $1 million for any strategy other than penny stocks. But there\u2019s a potential trade on October 21 \u2014 and Paul believes it will be his next big winner. The webinar is at 8 p.m. Eastern on October 20. Register here now. It\u2019s 100% free of charge, so register now and I\u2019ll see you on October 20 at 8 p.m. Eastern. If you get it, comment below with \u201cI will learn to recognize solid trading opportunities.\u201d Comment below, I love to hear from all my readers! Timothy Sykes and Paul Scolardi teach skills others have used to make money. Most who receive free or paid content will make little or no money. Any results displayed are exceptional and 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. Do not invest money you cannot afford to lose. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services. Past performance in the market is not indicative of future results. See Terms of Service here: https:\/\/www.timothysykes.com\/terms-of-service\/.