There’s a new trade to make every single day in our small-account niche.
Example:
Yesterday we watched Strong Global Entertainment Inc. (AMEX: SGE) spike 180% intraday after the company announced acquisition news on Friday afternoon.
Take a look at the insane run below:
![](https://content.timothysykes.com/cdn-cgi/image/quality=90,format=webp,width=740/https://content.timothysykes.com/wp-content/uploads/2024/05/SGE1.png)
And that was just Monday …
Today there will be a new opportunity to profit.
Don’t lose your head, I’m here to help. It’s too easy to lose money on these stocks if you don’t know what you’re doing. And it would be a shame to take a loss on a stock spiking +100% intraday …
Now, the biggest issue that new traders have is overcoming their greed.
Yes, there are HUGE opportunities to profit in the market. But we can only take as much as the market is willing to give us. You can’t impose your will on the stock market.
This is the bare bones of my trade process:
- Identify a volatile runner with news that can follow support and resistance.
- Plan a solid entry around support with a good risk/reward ratio.
- Sell shares into strength.
Yes, it’s easier said than done. But there IS a process for profits in this niche.
One of my top millionaire students, Jack Kellogg is a shining example of what’s possible using this trade process.
Business Insider just published a story on his success:
![](https://content.timothysykes.com/cdn-cgi/image/quality=90,format=webp,width=740/https://content.timothysykes.com/wp-content/uploads/2024/05/Jack.png)
$10.5 million in 4 years … But as of this week, Jack has a recorded $12.6 million in trading profits since he started in 2017.
Here’s how Jack and I use this trading process to profit in the stock market:
Top Trade Setups This Week
![](https://content.timothysykes.com/cdn-cgi/image/quality=90,format=webp,width=740/https://content.timothysykes.com/wp-content/uploads/2023/01/sykes-chart-thumbs-up.png)
Millionaire Media, LLCYou picked a good week to pay attention. The stock market is bouncing right now due to a cooling labor market.
We’re hoping the weak labor data indicates lower inflation. That’s what makes it a bullish catalyst.
The data was announced last Friday, and on the S&P 500 ETF Trust (NYSE: SPY) chart below you can see the immediate market surge as a result.
Every candle represents one trading day:
![](https://content.timothysykes.com/cdn-cgi/image/quality=90,format=webp,width=740/https://content.timothysykes.com/wp-content/uploads/2024/05/SPY1.png)
The market is moving toward all-time highs. And the bullish momentum is causing stocks (like SGE) in our low-priced niche to surge.
There are more profit opportunities when the market is hot.
Take a look at the Tweet I reposted below, my students are crushing it right now:
$TCBP in @ 1.85 out @ 2.074$SGE in @ 1.85 out @ 2.273.
Taking on a second job to get more money to trade with. @timothysykes @StocksToTrade @tbohen
Even on paper trading options
1 TSLA con C.— T_MOney (@Astiles2559) May 6, 2024
We still have to use caution! SGE spiked 180% on Monday, but there’s no telling how high it will go or when the price will pull back.
That’s why we rely on key areas of support and resistance. These levels help us determine possible price floors and ceilings that we can use to play volatility.
Watch my support and resistance video below for more details:
Take a look at the SGE chart below, I drew in support and resistance lines to show you a recent example.
Resistance can become support and vice versa …
![](https://content.timothysykes.com/cdn-cgi/image/quality=90,format=webp,width=740/https://content.timothysykes.com/wp-content/uploads/2024/05/SGEsupport.png)
But recognizing these levels and using them to trade are two very different things.
It’s important for new traders to see LIVE examples so that they can understand the thought process behind a real trade.
That’s why I hold trading live streams:
Live Trading
![tim sykes in sedona arizona with laptop of stock chart](https://content.timothysykes.com/cdn-cgi/image/quality=90,format=webp,width=740/https://content.timothysykes.com/wp-content/uploads/2020/10/tim-sykes-sedona-arizona.jpg)
Millionaire Media, LLCMost of these examples are reserved for my Challenge students.
But every now and then I post a live stream on YouTube to help newer students understand the process for success in this niche. And it’s especially important right now … we’re watching a behemoth of a trade match our framework perfectly.
Jack Kellogg hosted a live stream recently with examples. I uploaded it to YouTube.
Watch the video below and take notes. This is a multi-million dollar trader at work:
There’s a HUGE trade setting up right now. We’re watching for a spike on Friday.
Friday’s are notoriously bullish because …
- Short sellers are closing positions to safeguard against a Monday gap up over the weekend.
- Long-biased traders are trying to snag some of the gap up action.
And this week we have eyes on a legendary runner that’s ready to push higher.
There’s a FREE event for traders this Thursday at 8 P.M. Eastern. We’re going live to brief everyone on the exact strategy and setup.
>> This is your ticket to attend <<
Don’t miss the next profit opportunity!
Cheers.
*Stock trading is inherently risky.
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