2 (PROVEN) Patterns for Trading Penny Stocks Overnight
HTML-код
- Опубликовано: 21 июл 2024
- I often hold stocks overnight. I know many day traders who don't, but I do. These are the patterns you need to look for overnight trading. Subscribe here to get INSTANT alerts when I post a new video outlining my penny stock trading techniques: goo.gl/poGZTm
0:05 So a lot of people ask me, "What are the best patterns for overnight trading?" You don't necessarily want to trade intraday.
Well, that's a great question. You have to look at what kind of news, what kind of catalyst is going to spread overnight? I often hold stocks overnight. I know many day traders who don't, but I do. And I like to say, "Wait a minute. This has legs." Especially over the weekend, you know?
0:30 If a company has good news on a Friday, I like buying it on a Friday afternoon and trying to sell it on that Monday as the news or catalyst spreads over the weekend, you know? A lot of people, especially in penny stocks, aren't that meticulous. So, if a company has big news, they're not seeing it that hour, that day, and sometimes even for two or three days. So, if there's a weekend involved, the news can spread and people can see it on Friday night, Saturday, Sunday, even Monday morning, and then the stock will theoretically move in my direction um, on that Monday.
1:00 When I hold stocks overnight, it's usually for two reasons. First, I'll talk about stocks that go down. You can actually make money when stocks go down. It's called short selling. So, if a company that has been up for two days, five days, 20 days in a row, on the back of promotion, has a first red day where the momentum has changed and it's not gonna be up anymore. So, let's say it's gone up 20 days in a row and then one day it's down, like ten cents a share. It doesn't have to be the biggest red day, but it's a clear momentum shift. That is when I want to short the stock overnight.
1:30 Because usually, after that first red day, you get panicked on day two--usually a warning panic. Or sometimes on day three. It's a huge momentum shift and that's when I want to short overnight. Shorting is very dangerous lately so you have to do be careful. Sometimes a red day can just be a blip and then it goes right back up, in which case I would cut losses quickly. But especially if a stock is up on promotion and it's up for the wrong reasons. That first red day is a great, great indicator to short overnight.
2:30 TV shows aren't the brightest, they're not the best at finance so, if they're gonna feature some revolutionary technology, they're probably just gonna say, "This is an amazing technology," and they're gonna build it up as much as possible so that it's a ratings boom for their own TV show even if they're not exactly accurate. So, if you have a revolutionary technology that's getting widespread and mainstream press, you usually want to hold that overnight, as the idiots who watch TV and pay attention to these dumb media sources buy it too late. You can beat those idiots.
3:00 That's a great inefficiency in penny stocks. Also, if a company has good earnings, a penny stock very rarely will have good earnings. But sometimes when they do, it'll spike 20, maybe 30, maybe 50 percent in one day. And let's say if it closes near its highs, then theoretically more and more people are seeing the news and the stock is going higher, more people will hold it overnight and see the news that night or the next day and theoretically the stock will gap up the next day or spike. Sometimes even if it's not just people, there might be a latecomer, you know, mainstream media article, like on, I don't know, Bloomberg or Seeking Alpha. These different media sources that write about good news a day or two days later. Because again, just like the major media on TV, most people who write for a living, they're not the smartest. They're not the best paid. They're kind of lazy. They don't care, or they don't even think about writing an article right away when news comes out.
4:30 But I find that simple works very well in the stock market, so, click the link below if you want to learn more patterns. These are just three very, very basic, overnight patterns that I've learned the hard way over the past two decades. And I'll teach you many more patterns. Some patterns are more reliable than others, but, this has been Tim Sykes. I hope you enjoyed. Leave a comment underneath this video, too, if you wanna see more patterns and I'll make more videos about it if I get enough comments.
4:50 Hey, Tim Sykes, millionaire mentor, and trader. Thank you for watching my videos. I hope that they help you. I wanna 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.
Thanks Tim! I've been trying to study patterns to hold overnight lately, thats a great tip!
You and your teachings are a blessing. I love to tell people about you, Tim.
Thank you for posting this, it actually cleared up some of my questions i had on shorting and put it in a way i understood. Thanks again :).
Thank you Tim. just wanted to say i really appreciate your free informational videos and comments. been studying alot just off of what i can find on the internet, alot of good free informational stuff you put out. Saving up a little more cash to where i can afford getting some of your dvds so i can grow my knowledge and really learn what the best setups are and how to consistently nail them. Been studying all of your trades so far. Learning alot each day, just paper trading at the moment seeing what patterns i like and what fits for me, been tracking alot of what i do too between my paper trades, my watchlists and different patterns. Much to learn but thats the beauty of it. I know it will feel great when i can keep proving to my self that i am on the right track with my plan.
Almost forgot, Would love to see more videos like this on patterns
TS, Thanks for sharing, yes more patterns always keep it fresh. thanks for your time!
Watching all the free videos you have on RUclips. Great information. Thank you.
Thanks Tim! I am trying to understand the overnight patterns, and this was really helpful!
Glad it was helpful!
Thanks Tim. I like listening to you explain different patterns.
Love the pattern videos. Please keep them coming
Thank you Tim for teaching me overnight patterns.
You bet!
That's what's been working for me thanks to these kinds of videos ♡ feel better soon!
this video is Pure Gold! Clear and concise. Thank You
Awesome info Tim, great food for thought. Makes so much sense. Gives me a lot to think about. Will be watching more intently now.
I love your pattern videos! Keep it up.
Wow! greatest video yet! Thanks Tim!
I completely forgot about short-selling over extended runners to hold overnight. Trying to outsmart PDT with my low acct. Thank you for reminding me!
Hey Tim!
Great great info here. These patters are very straight forward and simple to put in action. Everything starts to click after watching almost 5 months your free stuff with absolutely NO prior experience with the stock market.
Thanms a lot brother!
Your jewish bro from israel :)
Thanks Tim. Keep these videos coming please.
jamaican Rush here again took the day off today to study not the best thing to do but i needed more more mental profits quickly feeling the degenerate fever rising but learning a ton this video has definitely clarified what a first green and red day is my understanding was opaque.
keep learning all you can!
Really appreciate the information. Glad to be a recent subscriber. Wish I'd subscribed a while ago with information this useful!
Thank you Tim! Looking forward to learning a lot from you. Best
Thanks for answering my questions...
Really helpfull. Keep it up
What's up with the look at the end! Hahaha! Funny AF! Beast mode attacks again! Once again, thanks for the info. I'm working on learning these patterns. Small account, small trades. Learning the process. Stockstotrade has been awesome. About to sign up for profitly silver, sweet. Looking forward to learning more. As always... thank you, sir.
Thank you for sharing your experience Tim
Thank you Tim! ❤ Please teach us more patterns.
Haha! Can we say How To Make Millions, Disc 3! Just finished disc 3 last night... Awesome to hear reinforcement!
Thanks Tim!
NICE!
Sir, You're the key to my inspiration. I'll be so pleased if ya will make some more videos on overnight trading penny stocks under the PTD rules. :)
Thank you Tim! Nice patterns. Could you tell us how to short penny stocks safely and properly?
More patterns please, I'm learning to day trade watching your RUclips videos, thanks Tim!
Love your patterns!
More patterns PLEASE! This was a great straight forward video. Thanks!
Thanks and waiting for more patterns... :)
you got it!
Thank you Tim! More patterns, please!
More to come!
I just love your videos Tim, great content!!!...👍👍👍 Tim, do you use Benzinga Pro?, or do you know any other Newsfeed better than them that you can bring examples of?...Thanks in advance and Blessings!...🙏🏽
Would love to see more on this thanks Tim!
Thanks bro!!! it has been very helpful!
Hell ya, of course we want more. If anything, I don’t get enough of your courses
Thanks for those advices Tim. :)
Great tips on track with everything your teaching. Big thank you Tim Sykes.
You're Welcome!
Tim what is criteria for holding overnight? Volume, float, gap premarket, stock already up lets say 50%, top gainer on a market, short interest high. What about these factors? You saying just be simple and focus on a good PR to hold overnight, or it is more into it?
Tim you are slowly transforming me, Thank you
Thanks for the info Tim!
Legend in the game - thanks Tim! :)
Man, loved this trading stuff
Yes, I would love to see more patterns. Thanks
I love your vids!
Thanks Tim. I would love to see more patterns.
Thanks Tim - learned it hard the way to not just hold intraday spikers without corresponding news, in hope that they’ll gap up the next morning .. every time I deviated from your playbook, I lost. True story
I love these videos.
Thanks Tim Ill look for upcoming news,earnings winners and first red days on overextended stocks. I really enjoyed your video about the first Green day on Profit.ly . Keep up the Good Work.
Thank you boss great information like always ;)
Thanks for sharing very good one.
Amazingly explained!!!! thank you *inserts praise emoji*
More patterns please! Thank you for all of your lessons!
It's always crucial to learn the strategies the top traders use, even if you don't use the same method. Cheers!
Guru Sykes tks, pls do a DVD just focused for overnight trading
Clarified about the overnight trading concept & basics but not on how to do risk management this type of trade.
If while holding the stock overnight bad news/event happen, then how to mitigate the exposure?
(1) is it possible to exit trades with markets closed?
(2) If possible, are stop losses recommended for this case since very difficultly I will be monitoring the stock all night?
(3) If not possible to exit trades what to do when market opens if night news or event suggests that the stock will move in a different direction?
My conclusion is that cut losses rule is not an option for overnight trades so we risk to blow up accounts
Did you ever figure this out? I've been trying to figure this out myself.
Do you look for a morning spike pattern? could you go into more detail on technical side?
Great video Tim
Beautiful patterns ! and more important are successful
Thanks, Tim!
You got it!!
THANKS FOR THE PATTERNS TIM
TEACH US MORE PATTERNS
see my free tim.ly/pennystockguide
Thanks Tim!
Yes drop more patterns 🌊🌊🌊😎hey tim when your next market mastery?
Thanks for this Tim Sykes👊👊🤙🤙
Thank you Tim!
Thank you Tim for another vualable learnings.
Would love to see more patterns. Thank you!
Thank you Tim.
Thank you Tim. I do not understand one thing at 2:30. So, at that situation when a company will be on TV then it's a good opportunity to hold a long position overnight?
Get in my tim.ly/sykesmc chat/webinars for Q&A
Yea I like the video, and I would like more vids on patterns. Thanks.
You got it!
Overnight patterns, thank you!
Another one is first solid green day closing near its highs with a decent catalyst usually has continued momentum and news spread like tim said
Mahalo Nui Tim Sykes🤙🤙👊👊 Very valuable info in this one!!
Thank you, Tim. Please teach us more patterns.
Just doing a little studying...reviewing the old videos again....good tips Tim..
thank you Tim😃👍
Great video, more patterns
Keep it coming
you are a blessing to the universe
Thanks Tim! I'm in Millionaire Master's and enjoy these short vids too!
Thanks Tim!!!
Ty tim $ARQL mention theirr having a conference or something around April price has dramatically going up around 30 cents past few days I really don’t like goin long over a week what are your thoughts ?
Great video... 2 thumbs up..
thanks tim! another one for the book
you're welcome!
Thank you Tim
Those pattern videos really help me understand the market as a newcomer. Please make more, you are not only a good teacher but also a good idol for me.
Thank you
You're welcome!
Hi Timothy other than the patterns and scanning, are their any other ways to find good stocks
Stocks To Trade makes it easier to find good stocks ! bit.ly/2Y519wu
Nice.. how are you doing.. hope everything's great.. i wish Mr Tim Grittani's presentation as energetic like you.. but it's ok.. thank you for the recommendation but the registration decline.. hope in few days I'll be able to try it.. need to topup my ac first.. in meanwhile it's good to learn more.. 👍👍
Absolutely more patterns! Your a BMF!!! Keep it up!
Thank you. Very helpfull. :-.)
yes.. thank you
you're welcome! 👐
Good to know thanks
Thank you! Please insist on teaching how to find good patterns. Thank you again!
Very useful for the PDT rule.
Glad you liked it! 👍👍
Very Great for those under the PDT!!!!!!!
thanks! 👍
Watching And Analyzing!
💯👏
great Tim
Love to see more patterns
Im looking for more videos on how to find the news. where and what to look for. Just tryying to get as much information as possible. Please help
use tim.ly/breaking every day