Timothy Sykes
@timothysykestrader·479K subscribers·3.4K videos
Learn the Key Difference Between Listed and OTC Stocks
Posted
February 14, 2021
Views
9,436
Likes
346
Comments
40
Engagement
4.09%
February 14, 2021
9,436
346
40
4.09%
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10:50Now Playing*Results are not typical. Always do your own research as trading is inherently risky. You should not mirror the trades of the instructors. Past performance is not an indicator of future results. Most who receive free or paid content will make little or no money. This presentation is for informational purposes only.
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Even though patterns re-emerge, they still evolve from their previous form in some way … That’s why penny stock trading is more of an art than an exact science. And that’s why you must learn to adapt your setups. So tune in to understand why I kept buying this particular stock and the lessons that come with it!
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🔴 FULL DESCRIPTION:
I like to think of myself as an NFL player reviewing their game … but the stock trader edition.
In this video, I’m back in the theater room looking at all my recent plays. There’s one stock that kept coming back into my trading rotation … Tune in and I’ll show you exactly why.
The stock I’m referring to is Ignite International Brands Ltd. (OTCQX: $BILZF). And I go into more detail as to why I keep trading it so be sure to watch this…
For one, it’s an OTC stock — my favorite type of stock to trade. One key signal for me is that it doesn’t trade after hours or premarket.
Sure, some OTC stocks may slip through the cracks past regular trading hours here and there … But on a regular basis, you have to wait for the market open for your order to be executed.
So why would that be advantageous?
Well, a stock that trades premarket or after hours, it’s harder to track. I certainly don’t want to watch a stock all night...
That can increase risk more than necessary.
Another reason I prefer to trade OTC stocks is if there are any news catalysts that come out about the stock in the afternoon east coast time, all trades MUST wait until the market opens the next day before getting in…
And that creates tons of volatility and volume, which is what we want.
So learn all the lessons that come with this particular stock in this video and be sure to take notes!
History repeats itself — always be ready to spot plays similar to this one.
Do you understand the difference between a first green day OTC pattern and a rehash of the same news and its effect on the stock? Comment below and tell me!
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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
