Tim Sykes Daily

Smart Trader’s Guide to the SpaceX IPO

We’re about to witness the biggest IPO in history. To put things in perspective… The biggest IPO before SpaceX was Saudi Aramco, which raised $25.6 billion in 2019. The SpaceX IPO dwarfs that. Even if you add the top three IPOs together: Aramco, Alibaba (BABA) and SoftBank (roughly $68 billion combined)… It doesn’t come close to the $75 billion SpaceX is targeting.

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How To Stay Safe Trading Choppy Supernovas

Breakouts are a gimme pattern. I want breakouts because that’s where most of the money is right now. But if there are no true breakouts… There is a LOT of opportunity in choppy supernovas. A supernova is a massive, explosive trading pattern where a low-priced stock can SOAR 100%, 500%, or even 2,000% fast.

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Before SpaceX — Learn From My Mistakes in This IPO

Twitter traders want you to believe they have the magic indicator that will make you immediately profitable. After decades in the market, I can tell you no such thing exists. Even my top patterns can’t be used in a vacuum. Markets change, and traders need to adapt or perish. That’s why I highlight my losses just as much as my wins because they keep me honest.

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Hot IPO or Hype?

Patterns play out in the stock market. All. The. Time. It’s something you have to know when considering whether the next big stock debut is a hot IPO or hype… And with SpaceX launching … its IPO … next week, this is an important lesson for every trader. I know this very well and it’s a huge part of my approach to trading and teaching.

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Can Mistakes Make You a Better Trader?

I was just talking to Mari — my first female millionaire student — and we hit on something HUGE that I want to share with you today. Mari is a great example of a student turned master who is giving back by teaching others. Mari’s guiding principles? • Grind every day and STAY HUMBLE. • Be willing to adapt. • Use trading tools to track opportunities. (Have you seen my XGPT tool? Details here.) • Keep learning every day. But when we were talking the other day, she reminded me of another vital trading tool: making mistakes. Check this out…

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