🔴 Become Tim's Next Student, JOIN my Challenge: http://bit.ly/2YqBdJk 🤑👇🏻 EXPAND DESCRIPTION for more LINKS 👇🏻🤑 Stock patterns can morph and change. You don’t always know how they’ll change … but you can work hard to be a self-sufficient trader. Here’s how you can adapt and take advantage of more opportunities! LINKS Mentioned: 🔴 Learn more about TradersExpo: http://tradersexpo.com 🔴 Here’s where you can find my co-presenter Tim Bohen: http://stockstotrade.com 👉🏼Get my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ 👉🏼SUBSCRIBE: https://bit.ly/2MDNeVq to get INSTANT alerts when I post a new video outlining my penny stock trading techniques.* ✅ Share this video with a fellow Trader: https://youtu.be/hNfHstsNkgc ✅ Recommended video: https://youtu.be/m6koDYj8Sws ✅ 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 love stock patterns. They help traders make educated decisions about trades … and that’s why I focus so much on them in my teaching. But here’s the thing: you can’t always know exactly how a pattern will evolve. You can do your best to look for clues, but the reality is that patterns can morph and change. That’s why it’s so important to understand a pattern’s mechanics. This allows you to consider potential variations. You think about it rather than just memorizing a pattern and expecting it to be the same every time. In this video, I’m presenting at TradersExpo Chicago with Tim Bohen, the lead trader at StocksToTrade. We break down how a stock pattern can play out in different ways, using the recent runner DCGD as an example. We’re looking at the chart over different time periods and discussing different ways to make the play at different entry points. This is a stock that went from 20 cents to 60 cents within an hour at one point … So how you play it during a period of volatility like that is very different from when it’s losing value. You can learn a lot of lessons from tickers like this. I talk about why I love trading volatile stocks … but also how I’m totally happy getting out with little profits — and why that matters. Bohen talks about how clear, obvious setups are what traders should look for … even if they’re sketchy. We clue you in on what to look for on a stock’s chart to see if it’s a promising trade. We share how you know when to get in, when to get out, and when to move on… … and we share how to take advantage of the trade no matter which way it moves. Failed breakout? Consider short selling. You can play some stocks more than one way … But you gotta learn the importance of discipline and the right mindset. Most traders get greedy when they’re up and don’t take profits. Or they get too scared when they’re down and don’t cut losses. Don’t fall into these trading traps! Remember: even if the stock doesn’t do what you think, it’s still possible to find opportunities — if you’re able to adapt. How do you look for trading opportunities? Leave a comment if you’re an adaptable trader! ✅ 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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* Results may not be typical and may 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: https://www.timothysykes.com/terms-of-service/

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