My 3 Top Stock Patterns This Year

You shouldn’t choose random stocks or patterns to trade. And you don't have to reinvent the wheel. I want to be the teacher to you that I never had. Throughout my 20 years of trading and 10 years of teaching, there are three specific patterns I look for. Check ‘em out...

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Today, I’m talking about my three favorite patterns. These are patterns that I've traded for over twenty years and taught for over ten years.

#1: Morning dip buys:

This is dip buying a big panic near the market open when a stock drops anywhere from 20–40%.

#2: Shorting the first red day:

This can work on a pump-and-dump or a stock that’s been up for seven to 20 days in a row. Then you have that first day of weakness in the candle, and ideally, it finishes near its low. That can be a good time to short as it can precede the morning panic.

#3: Buying a first green day winner:

Ideally, you can use this pattern on an OTC play or an earnings winner. That first green day could also due to a new investor or a new product announcement. But it's one big, green candle in the chart. Maybe it’s breaking out to new highs ... but this pattern should have a big percent gain, big volume, and should close at or near its day highs.

Don’t forget, sometimes I lose. You can never guarantee a profit. Patterns can go in and out of favor. Some days or even weeks they just won’t work. They won’t ALWAYS work, and that’s OK! I’ve built my knowledge account enough to understand when the smartest trade is no trade at all.

So, invest in your knowledge and your preparation.

I have so many video lessons, DVDs, books, webinars, watch lists, commentary — and guess what? Everything is based around these three patterns!

Which of these three patterns do you like the best? What patterns do you look for? Drop a comment below and let me know!

#TimothySykes #Pennystocks #Investing

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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