Timothy Sykes
@timothysykestrader·479K subscribers·3.4K videos
1st Green Day Stock Pattern: What Is It and How Do I Take Advantage of It?
Posted
November 27, 2018
Views
84,963
Likes
2,156
Comments
229
Engagement
November 27, 2018
84,963
2,156
229
2.81%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
6:08Now PlayingJoin my chat room here
SUBSCRIBEto get INSTANT alerts when I post a new video outlining my penny stock trading techniques.*
Follow Tim Sykes and his trading travels:
Join Tim's Challenge here
---------------------------------------------------------------------------------------------------------------------
Green Day Stock Pattern: What Is It and How Do I Take Advantage of It?
A lot of people ask me, "What is a first green day? "Why does it matter? "How do you profit off of it?
Long story short, a first green day is low-priced stock that has some kind of catalyst.
What does this mean? There’s some type of news influencing traders to buy this stock.
Why does this work so well? Because when big companies have good news, it’s priced into their stock. With low-priced stocks, that is what we're taking advantage of — inefficiency.
The beauty of low-priced stocks: Volatile stocks with big moves alert traders, who don’t normally pay attention to low-priced stocks to see this is the beginning of something; this is where the money is going.
You want to find a stock that’s closing high or closing near its highs after some catalyst, after some big volume, the strategies and patterns go in and out of favor.
There are only a few catalysts and patterns. If you study and learn to recognize them you can take advantage of them. It’s not rocket science, but you have to be prepared.
This is the hottest strategy right now but it changes and you can’t predict how long it will last. Before this was CBD, crypto, etc. You need to study patterns and learn to adapt so you’re prepared.
Do you trade first green days? How do you adapt your strategy? Leave a comment below and let me know.
---------------------------------------------------------------------------------------------------------------------
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.*
* 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
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
