Transcription
Hey, Tim Sykes here. I hope you're having a good day, staying safe in all this madness. I wanna talk about what is my favorite pattern to trade, my favorite pattern for people with small accounts. I really wish more people would just focus on this one specific pattern rather than trying to chase, you know, morning spikes or pumps or alerts from other people. This is specifically a pattern where you can be prepared ahead of time. And it's just about waiting for it to happen.
So this is TLSS. I made roughly two grand today, a little bit of a slower day for me, but I love that, you know, my biggest gain happened on a perfect play, which, you know, I still have to call E-Trade, they didn't fill me on the size that I wanted, I don't know, my order was like pending, for like 45 seconds. And, you know, when the turn happens in these morning, panics, that matters. So I'll do a follow up video lesson on, you know, dealing with E-Trade. But, still two grand on the day, roughly 80,000 now this month, in three weeks, which is just phenomenal. And this is my best month trading in, I don't know, several years. You know, last month I made like 40 grand or 42, the month before it was like 51. I mean, it's month after month, week after week, day after day, every day there's amazing place.
But, I wanna specifically talk about TLSS. Got to get to a few students, Therealmcdougal, I make fun of his Scottish accent in challenge webinars, if you're in my trading challenge, you know. But Therealmcdougal, sold his TLSS at point 057 from point 0502, nice 14% gain in two minutes. And he sold it too soon. But he nailed it before anybody alerted it using the Skykes morning panic pattern. And I love this, you know, I love that students are doing this on their own. Also a whole bunch of students, I'm sorry if I missed you, you know, there's too many right now, but I just wanted to give a little bit of a taste for people who don't know about the morning panic pattern, why it matters, how you can be prepared, because people like... Okay, $700 that's nice here. Henry_L made, you know, what, like 20%. Cwells made like 600 bucks. Iceman says, "not getting greedy as Tim Sykes says taking a single" Redwagonrider made 20%. Cwells, this was his trade, Oh, I typed it in twice, this is how disorganized I am. Armaan made 256. Therealmcdougal nailed it as I said. KMTrades made 18%. Jblevant made 900 bucks. Gold2mine was a little late, buying it at six and selling it at six and a half.
But it actually came all the way back up from here, forget about these, this is not a real tick, and neither is this a real tick. Welcome to penny stocks. The bottom here was 5 cents and this is an absolute perfect morning panic. You know, on one of the hottest stocks, I mean, this stock TLSS is up for basically in the pennies, I mean, it's all pennies, but like under 2 cents a share, right? Like this was the bottom here just a few days ago, so one, two, three, this is day four of the runup, from two to basically 8 cents, quadruple your money. And then in about 10 minutes, the thing dropped from eight to five. This is a morning panic. And again, ignore this tick, ignore this tick, focus on the bounce, because this is fantastic from 5 cents up to a seven and a half. This is 50%, this is what 50% bounces look like in an hour. The bottom here was 9:40 AM, the top here was 10:40 AM. So literally one hour to make 50%.
Leave a comment underneath this video. Tell me if you would like to make 50% in one hour. And obviously, you know, it's not about timing it perfectly, you know, I sold way too soon. I didn't get the position size I wanted. Almost every single student, actually every single student that I did, just focus on sold in the sixes, although, you know, there's so many more students that I didn't highlight, so maybe some sold in the sevens, but there was 50% to be made here. And this is, you know, not the first time, this is not the last time, let me just show you a blog post. Here is a blog post on timothysykes.com. And I say, try this every morning and you'll improve your mindset for trading. And literally it's focused on this kind of morning panic pattern, because this is a perfect inefficiency that happens with penny stocks. Again and again, I often link to this blog post, you probably have already read it. I have 850 videos specifically on a morning panics, so, I mean, this should come as no surprise. And yet people are still not necessarily understanding the upside. I mean, here's one student, he made 7% and he said, "played it too safe." Here's another student, Alan says he has a few questions, you know, he tried three times with less of a position, how did I get it so fast?
So I'm actually giving a presentation next week on May 27th. I'm gonna post the link to this right under this video. And this is a free you know, presentation, whatever you wanna call it, a summit, a presentation, a webinar. It is 100% free and it's all about being better prepared for these morning panics. And I'm gonna post the link, all you have to do is enter your email to sign up to RSVP, May 27th at 8:00 PM Eastern. So make some popcorn, it's called the 9:30 AM profit summit. I am so excited for people to really, you know, understand this one pattern better. Obviously there's a lot of patterns I trade, there's a lot of stocks, but this is my favorite pattern to trade. Again, because you can prepare for it in the days leading up to it, because it's so quick, I mean, like, even if you have a full time job or part time job, or if you're in school, I mean, literally if you're there between 9:30 AM and like 10:00 AM, if you can commit a half hour, you know, that's it. If you can commit an hour is what it took for 50% on TLSS, but you don't necessarily have to wait an hour sometimes, sometimes it spikes 50% in 20 minutes or 30 minutes, sometimes it's spikes only 30%. But whether you wanna make 10%, 20%, 30%, 40%, 50%, you know, within an hour or two, this is the pattern and I'm giving a presentation just because I'm sick of people, you know, not nailing it, not knowing how much better this pattern is than anything else. And it's just mind bendingly simple.
And, you know, the cool thing about TLSS, like some people are like, "oh, these stocks move so fast, "It's tough to get executed." Yeah, I mean, you do have to be prepared. But look at the volume here, in one minute on the bouncy here, this thing traded 5,000,000 shares, even before it was trading two or 3,000,000 shares, okay? It's pretty insane right now it's traded 75,000,000 shares, which is double what the S&P 500 has traded. So, we're talking about liquid penny stocks, not illiquid stocks that are tough to get executed on. You just need the right mindset, you need the right preparation, and that's what my summit is all about. I made it 100% free so that you have no excuse whatsoever not to sign up. It all comes down to, you know, whether you wanna be prepared or not.
You know, I know a lot of newbies like following other people's picks. I tweeted... Let me find this tweet. I had a few tweets here, where, you know, I said, "every single one of you should know "and love this morning panic pattern." And I focused on TLS S and I said, "those of you with small accounts "please stop random stocks pumps, "your win rate, you know, account growth "and confidence all will suffer "when you trade like most newbies sadly do. "Instead learn to think like us veterans "who wait for perfect pattern set ups, "to strike as that is how you do it." And I said, "stop following other people's picks, chat pumps, "they're just using you to pump up their own traits. "Instead, learn the process and focus on becoming an expert "and as knowledgeable as possible. "That is the key to truly growing your account "the most over time and not being frustrated and confused." This is not just about money, this is also about like, what can you actually learn? And you know, how can you actually do this on your own? Like imagine all chat rooms, everyone else disappeared, and it was just you, you and your knowledge, you and your, you know, account, and that's how it should be. You not be following anybody else's alerts, you should not be thinking this is some kind of team sport, this is an individual sport. And I know it's exciting to be, you know, in a tray that everyone else is in. And it's like, "oh yeah, we're all on the same team." No, okay. You are competing against other traders and it's your job to be better equipped, better prepared than they are, and that is how you make more money.
And the good news is 99% of people are gonna ignore this free presentation. 99% of people are gonna ignore morning panics. They just wanna play hot picks. And they're gonna think of it like lotto or, you know, racetrack betting. And that is not the secret to making a fortune, that is not the secret to lasting wealth. So it depends on what you want. You know, do you want action? Like a degenerate gambler wants every day and you wanna be, you know, waking up like, "oh, some you'll win, some you'll lose. "You take seven longs, three shorts, "you're hedged you win sometimes." Screw all that, okay? Focus on the best patterns, focus on the best setups. And that's why, you know, I'm only focusing on TLSS. There's a bunch of other stocks moving, I don't even care. When there's such a perfect play like this, I want all your attention going to this play. And again, you do have to be quick, okay? It's not like you can just sit back and drink a pina colada, and then the trade will still be there. You have to be ready to strike. I don't want you to be like some of my students or many of the non-students were like, "it's so quick, how do you do it?" You can prepare ahead of time. I know this pandemic sucks, I know the quarantine sucks. But, with plays like this, when you see that you can make... I mean, I literally screwed it up, I wanted to take like 1,000,000 shares literally. I probably put in too big of an order for each trade to handle, so they thought I was kidding, but I wasn't. This is the play where you can really push it, and it's so much better than anything else. And I just want you to see, and I want you to recognize it. And like I said, you know, I have 850 video lessons on these in the past, but a lot of people don't wanna study up. So I'm doing a very specific one time free summit. And I just wanna make this very clear so that you have every chance possible to sign up for this. May 27th, 8:00 PM Eastern. It's gonna be one time, you're not gonna wanna miss this. I don't know how to get you there other than to say, this is my favorite pattern. This is the best pattern for people with small accounts. This is the pattern, not just that can make you the most money, but that you can be prepared ahead of time. and it also does not take a lot of your time. Like I said, you know, if you can be there for the first 20 minutes, 30 minutes, hour of the trading day, heck sometimes even in the first 15 minutes, on a time to potential gain scale, this is the best pattern.
Also a lot of these other patterns, you know, even if like you're shooting a pump and dump, which, you know, works over time, you have to watch it, sit there, nurse it for like hours, days, sometimes weeks or months, and you can also get squeezed along the way. I know morning spikes are nice, because those are quick, but like if you do the odds, like 50 or 60% of morning spikes fail. So you're pretty much just guessing. This is so reliable and it doesn't work 100% of the time, sometimes there's no bounce. But if you learn to wait for these patterns and you learn to take advantage of these inefficiencies, I think that's the best thing here. Aside from, you know, just the fact that it's fast and reliable, it's because of inefficiencies. The reason why this happens is because there are stop-losses that are piling up. People use stop losses in penny stocks, even though I teach against it. And I say, use mental stop-losses, people ignore my instructions all the time and they use stop losses. So they might try to protect themselves, unlike to a runup, a lot of people ask me, like, "why do these, you know, morning panics happen?" And again, it never went under 5 cents, this is a typo, so it screws up the chart. The real low is 5 cents. But the reason why it goes from 8 cents to 5 cents is because people who were in this from five, six, seven, eight, or maybe even two, three, four, they're putting their stop-losses just in case it turns around, and they think they can protect themselves at 7 cents or six and a half or even six. It did not break 5 cents. I think one of the best lessons here on this one, which, you know, if you watch the 850 video lessons on this one pattern, you would see that it's very important to see how it acts around key levels. Because it did not break point 05, it did not even get close to breaking point 05. There was a lot of buyer orders at point 05, it did not break the bid at point 0501. And I know it sounds like it's like nothing, but there was a solid wall of buyers here. So it was just a question of, you know, how many shares could you get executed? It really wasn't even a question whether it was gonna crack. Picture, you know, like really fortified city walls and there's like an attacking force and you're not gonna get through, that's what this was right here at point 0501. So again, I wish I had a bigger position, but at least I took it from the fives to the sixes. Did not have the patience for the sevens, really just angry that I didn't get a bigger position, but it's okay. I donate all my trading profits to charity. And more importantly, several of you guys saw it and girls. You know, props to all you students, props to more students who I missed. I know I have to go through the chat room and more tweet, I'm sorry if I didn't feature you. But please the point is that I have a presentation on this one pattern. I was planning this, you know, presentation before today even happened, but the fact that TLSS has happened, now it should help you understand that this is happening almost every single day right now, and TLSS is the best in the past week or so, the best example, but it's going to happen again. So the only question is, are you gonna be prepared or not? I'm gonna post the link to this free presentation just below this video, please, please, please register. I can't wait for you to just learn to focus on this one pattern. Also leave a comment underneath this video saying, "I love making 50% in an hour or less." Or something like that. Because that's the potential here. So I just want you to recognize it, learn it and capitalize. I'll see you guys in the chat room, congrats to so many of you.