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The Next Trade Opportunity!

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Written by Timothy Sykes
Updated 8/21/2024 4 min read
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There are SO MANY opportunities for traders to profit right now.

I included in this blog a more comprehensive list of all the biggest runners right now …

But first, you need to take a look at some of my student’s successes already this week.

See the posts below:

Source
Source

I’ve had a decent week already as well!

Here’s an example of a trade that I made on Virax Biolabs Group Limited (NASDAQ: VRAX):

Source: Profit.ly

And there are still opportunities to profit this week! Especially as we approach the weekend.

Here’s what to look for …

The Next Trade Setup

There are a lot of stocks moving right now.

Here’s a list of the hottest runners that I’m watching for continued trade opportunities.

So far this week …

  • Virax Biolabs Group Limited (NASDAQ: VRAX) spiked 320%*.
  • Applied DNA Sciences, Inc. (NASDAQ: APDN) spiked 260%*.
  • Sonder Holdings Inc. (NASDAQ: SOND) spiked 190%*.
  • GD Culture Group Limited (NASDAQ: GDC) spiked 230%*.
  • GeoVax Labs, Inc. (NASDAQ: GOVX) spiked 50%.

There is so much going on right now! And all of the larger market volatility contributes to our trade opportunities among these small-cap stocks.

More Breaking News

I’m talking about world events like …

  • The incoming political election.
  • There’s a monkeypox scare going around.
  • The FED’s fight against inflation.
  • The labor market is cooling, which points to lower interest rates at the next FED meeting.
  • The AI boom is in full swing.
  • American consumers are still strong enough to push the economy forward.

Yeah … There’s A LOT going on.

It’s easy to get lost in all of this data and market news.

Don’t get sidetracked by the larger market stories. These global influences CAN impact our trade opportunities …

But the patterns that we use to trade are still the same.

The stocks that we like to trade are the same too:

  • Low float.
  • Low price.
  • High volatility.
  • High volume.
  • Hot catalysts.

There’s a textbook process that my students and I use to trade these runners.

The stock market is hot right now, that’s why it’s so important to pay attention EVERY DAY for potential trade opportunities.

But the process that we use to trade doesn’t change …

>> This is where all my students learn this trading process <<

There will be more profit opportunities this week!

Study as much as you can so that you can capitalize while this market is hot.

Cheers.

 

*Past performance does not indicate future results

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* Results 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. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”