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How To Spot Top Plays Like $EBIX

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Written by Timothy Sykes
Updated 11/16/2023 6 min read

What if I were to tell you that during the next 90 days, we could see some of the most explosive moves this market has ever seen?

Wall Street Elites are already vigorously planning their next steps so they can take advantage of what we’re about to see.

Don’t be left wondering ‘What if…’

Today, I’ll share some insights on how you can spot these opportunities with the utmost confidence as soon as tomorrow and how you can trade them!

Let’s dive in!

Staying Confident

When I first started trading, I wasn’t fully confident with the trades I made…

Even most of my millionaire students were frustrated with their trading results within the first 3, 6, 12, and even 24 months of trading!

But here’s the thing…

Failure wasn’t an option for them…

And they didn’t have endless amounts of money to keep replenishing their account every time they failed.

They did it by studying and taking small position sizes to better understand how the market worked.  

Losing the majority of your trades can cripple any trader’s confidence.

Here are a few ways you can boost your confidence level…

  • Putting In The Reps – Practice makes perfect!
  • Studying – The more you study, the more familiar you’ll become with the patterns
  • Utilizing the right tools – Being able to find the right trades with the biggest opportunity.

Just take it one step at a time, you don’t need to risk a lot this early on in your career…

Because once you start winning 60%, 70%, or 80% of your trades…

You’ll start feeling more confident with the decisions you make.

Staying Prepared

Time and time again I tell my students they need to be prepared for whatever the market throws at them…

And if you want to take advantage of some of the biggest moves as they happen, you need to know how to spot them as soon as they start.

On Wednesday, I held a live event talking about how every trader out there can spot some of the best moves in this market before they happen, with 88% confidence!

Don’t believe me?  See for yourself! 

AI has been rapidly changing the way our world works, and as Wall Street Elites are rushing to develop new ways to use AI to their advantage…

We already beat them to it!

Let me show you how AI is already helping several traders spot some of the best moves in the market before they happen!

Just take a look at these three stocks…

  •  Femasys Inc. (NASDAQ: FEMY)
  • SeaStar Medical Holding Corporation (NASDAQ: ICU)
  •  ZyVersa Therapeutics, Inc. (NASDAQ: ZVSA)

Source: XGPT 

Source: XGPT

Source: XGPT 

Now, just because you get these alerts, it’s still important that you understand the trading process.

If you remember my 7-Step Penny Stock Framework, you’ll notice that the majority of these stocks will go up and then come back down…

So not only can you capitalize on them on the way up, but there are plenty of opportunities as it falls…

And I’m not talking about shorting it!

More Breaking News

Let me show you how.

Trading Plan

Yesterday morning, I traded EBIX…

But before we get into my trade, I want you to take a look at this chart…

Source: StocksToTrade

We continue to see these beaten-down stocks spike time and time again, usually with a surge in volume, too.

AI should be able to pick up moves like this before they happen, giving traders the ability to capitalize on them as they spike higher…

But even with AI predicting the move, every trader should still have a “go-to” strategy, because buying and holding isn’t something any of you should do.

Morning panics are something I’m incredibly confident in and it’s my “go-to” strategy.

When I notice any big percent gainers or multiday runners, I’m always looking to buy the dip.

In fact, the bigger the panic, the better!

Take a look at the chart below and where I drew the white line…

Source: StocksToTrade

EBIX broke through its previous high of the day on a surge of volume towards the afternoon…

If I wasn’t traveling, I would’ve looked to buy the breakout…

But since I’m not always in front of my computer, there was no point in me chasing it…

So I was patiently waiting for that morning panic.

Source: StocksToTrade

As soon as the market opened yesterday, EBIX had that perfect morning panic.

EBIX bounced off of that support level and that’s when I decided to buy it at $4.51 and sold it at $4.77 for a $481 profit.  (Risked $8,343.50).  

Staying Focused

Even if you miss any alert that AI gives you, it’s not the end of the world…

Because you should be looking to buy the dip.

Every day I’m giving you the tools to be successful…

But it’s up to you if you want to take your trading game to the next level.

So if you’re ready to take advantage of this market…

👉Click here to join our LIVE trading sessions👈

And together let’s take advantage of these amazing opportunities!

I’ll see you in chat.

-Tim

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Timothy Sykes

Tim Sykes is a penny stock trader and teacher who became a self-made millionaire by the age of 22 by trading $12,415 of bar mitzvah money. After becoming disenchanted with the hedge fund world, he established the Tim Sykes Trading Challenge to teach aspiring traders how to follow his trading strategies. He’s been featured in a variety of media outlets including CNN, Larry King, Steve Harvey, Forbes, Men’s Journal, and more. He’s also an active philanthropist and environmental activist, a co-founder of Karmagawa, and has donated millions of dollars to charity. Read More

* 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”