Adapting With the Market: My Favorite Pattern Right Now

 

Adapting With the Market: My Favorite Pattern Right Now



๐Ÿ”ด Become Tim's Next Student, JOIN my Challenge: http://bit.ly/39c0xqt ๐Ÿค‘๐Ÿ‘‡๐Ÿป EXPAND DESCRIPTION for more LINKS ๐Ÿ‘‡๐Ÿป๐Ÿค‘ You’ve got to adapt to find the most promising trades. Your go-to patterns won’t always work. What’s working in this market? Check out the pattern I’m loving the most right now! ๐Ÿ‘‰๐ŸผGet my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ ๐Ÿ‘‰๐ŸผSUBSCRIBE: https://bit.ly/2MDNeVq to get INSTANT alerts when I post a new video outlining my penny stock trading techniques.* โœ… Share this video with a fellow Trader: https://youtu.be/AyumiwAjjwA โœ… Recommended video: https://youtu.be/b266PcWTBUs โœ… Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY Advanced Day Trading Tips: https://www.youtube.com/playlist?list=PLTKUP0v0mxhsG4FCc4go7v4EOvyeNubJS My Millionaire Students – Are You Next?: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ Trading with the Tims: https://www.youtube.com/playlist?list=PLTKUP0v0mxhvhVuORoUdAQ1yCAZ6RAI_R I’m filming this in the middle of the night. Why? Because I can’t sleep when there’s so much information to get out there! I consider it my job to keep you updated on what’s working in the market right now. Why? I believe that adaptability is one of the true keys to trading success. No matter how much you love a specific pattern, you’ve gotta listen to what the market tells you. For example… I love short selling. But right now, short selling is very dangerous. The risk/reward is staggering … and not in a good way. There’s a great amount of risk right now compared to the potential reward. So I’m not short selling right now. I also love morning dip buys. But there haven’t been a ton of panics lately … So yeah, I’m not really doing that either right now. That leaves a third pattern I love … first green days. In this video, I walk you through some recent examples to show you how to work this pattern. For example, LUTM had a few up days, then a red day and consolidation. Then it had a green day with a breakout to new highs. If you were just going by patterns that worked in the past, you’d probably buy and hold overnight. That’s what I did. The next morning I wasn’t rewarded. I would’ve made more if I’d sold into the close the night before. Yep, I make mistakes too. But I learn from them, and I teach from them. I’ll always be totally honest about my trades. RAKR was another nice breakout … a little overextended. But the first big green day offered some opportunities. When it was breaking previous highs, what’s a trader to do? I’ll tell you what I did. I’ll also tell you about some other recent runners, like CYDY, BLOZF, and KWBT. I’m showing you all of these examples so that I can explain different approaches to trades based on what’s happening in the market right now. I’m not talking conspiracy theories … I’m just telling you how I see it. I want you to understand how you can react to what the market gives you. Do you understand this lesson? If you get it, leave a comment saying “I’ll base my trades on recent evidence!” โœ… Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
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Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.* —————————————————————————————————————-
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