When To Trade Premarket
October 6, 2020
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20:19Now PlayingWhen To Trade Premarket
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I don’t usually trade premarket. But sometimes I do if there’s a good setup for my strategy. And I have to make sure I’m ready for it. Watch this to see how I traded a premarket spiker and what you can learn from the trade!
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🔴 FULL DESCRIPTION:
What an awesome Monday morning.
I wanted to make this video on one of the best trades I’ve had in a while. It was also the best alert I’ve sent out recently AND the best lesson from my recent trades.
Very few people see the opportunity in this market. That’s because they haven’t studied and because they’re only paying attention to stocks during normal market hours.
And this stock, Greenpro Capital Corp. (NASDAQ: $GRNQ), was actually a premarket trade.
I know. I rarely trade in premarket hours, but you really have to be open to and prepared for any opportunity.
I didn’t even capitalize as much as I could have. That’s OK … It was still a really great trade.
And I have a lot of students who can only trade part-time or premarket, so this stock was great for them.
These are things to keep in mind as you’re learning what works for you specifically…
You have to tailor your trading techniques to your schedule and habits. Trading isn’t an exact science. It’s definitely not ‘one size fits all.’
Tune in for more lessons from this trade!
Think of yourself as a scientist...
Be curious about what’s working in the market and how you can take advantage of it. Tweaking your strategy and recognizing what’s working should be your priority.
And if you see a stock that looks good premarket, that’s something you should be ready for beforehand. Yet another reason to be prepared.
One or two great trades per month can help you stay in the game. And if you’re studying in your free time, you make it that much easier for yourself to spot them when they appear.
If you understand that there are abundant opportunities in this market every day, comment below. Say, “I will capitalize.”
✅ Follow Tim Sykes and his trading travels:
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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.*
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* Timothy Sykes teaches skills others have used to make money. Most who receive free or paid content will make little or no money. Any results displayed are exceptional and are not typical and will 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. Do not invest money you cannot afford to lose. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services. Past performance in the market is not indicative of future results. See Terms of Service here
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