Tim Sykes Daily

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.

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.

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…

You would not believe the size of the lemon I got ahold of last week. It was HUGE… Just like the short squeezes we saw last month. Short sellers everywhere got squeezed like the giant lemons they are. The crazy thing is…

I don’t mean to brag, but… I’m on a heater. I caught the big run on AKTX last week (sold too soon, but still caught it). I also nailed MNTS in premarket. This is an awesome market for disciplined traders, but still a VERY choppy one for small-cap runners. These plays don’t last long. They spike, and then they fall … fast.