Tim Sykes Daily

One thing I have to constantly remind people of is that trading is NOT a get-rich-quick scheme. In fact, most new traders turn it into a lose-money-fast scheme. There’s one thing you MUST do if you want to become a successful trader. It’s priority #1.

I might be in one of the most dream locations in the world right now (Tuscany)… But that doesn’t mean I’m taking a break from this incredible small-cap market. #NODAYSOFF!

Every. Single. Day. Since the end of the PDT rule, not a single trading day has gone by without one or more BIG premarket runners. Are you waking up and capitalizing? If not, get some rest tonight and start bright and early tomorrow morning. I’m about to say something I rarely say…

The best moving average for day trading is the one that keeps you aligned with momentum instead of pulling you into late, emotional decisions. Moving averages are not prediction tools and they are not magic indicators. They are structure tools that help day traders read direction, speed and pressure in real time so price action makes sense as it unfolds. You can use the best moving averages to spot momentum, manage risk, and time entries and exits with precision instead of guessing. Day trading moves fast, and without structure, most traders end up reacting to noise instead of real opportunity.

One of my students, JC, recently locked in roughly $50,000 on an overnight trade. That sounds crazy, right? Today, we’re going to break it down. First, understand that JC had NOT been crushing it for a while up to that point.