In this post, I’ll share an amazing upcoming trading opportunity with you. It’s time sensitive, so keep reading. But first, we need to clear up something.
There’s a big difference between an opportunistic trade and believing in the company.
I get a lot of DMs and emails asking about specific companies as investments. Even on Trading Challenge webinars, students sometimes ask, “What do you think about this ticker? What do you think about that stock?” And when I say I’m not interested, they come back with, “But it’s a good company … they have this new product … It’s the real deal.”
That’s a dangerous mindset to have.
Table of Contents
Paleo Trading: Good Company, Bad Company
Too many newbies have a very simplistic view of trading: good company versus bad company. I often call it the caveman approach. That’s probably unfair to Stone Age humans, but it gets the point across.
Most traders and investors think “good company vs. bad company” or “undervalued vs. overvalued.” To make matters worse, the Twitter pumpers feed into this simplistic view and brainwash newbies into believing the hype.
Then the brainwashed newbies on Twitter say…
“Sykes, you talked trash about the company, and then you bought it. You must be lying. You want us to sell so you can get it at a better price.”
What? NO! Don’t you get it? I see it as…
A Good Trading Opportunity
I’m not investing in the quality of the company. I’m trading based on the value of the trading opportunity. It’s a little different, a little more nuanced compared to how most people think. But it makes all the difference.
Here’s my take…
They’re all gonna fail. 99.9% of these companies will go bankrupt. They’ll either go out of business or their stock will drop 99% in the next few years. And, yet, look at my trades…
I buy those same companies. The key is, I don’t trust the promoters, I don’t believe the hype, and I’m not investing. In other words, I recognize junk for what it is.
Can You Profit Off of Bad Companies?
To put it bluntly, yes.
When I started teaching I used to mess with people. I’d write these blog posts with titles like “Why I Invested $50,000 Into This Scam.”
People would say, “What are you talking about? Why would you put money into a scam?”
So I’d explain how it was a pump — designed to go up — and that you could ride it. It was such an abstract view for most people. They didn’t think it was possible because they had the wrong mindset. And they focused on the wrong things.
They should have been asking this question…
Good Trading Opportunity or Good Investment?
At that time, I was also into short selling penny stocks and pumps. But sometimes I would ride the pumps.
Back then, promoters were more trustworthy. I know that sounds crazy. But they had to disclose information about their promotional activities. You could read the disclaimer in the email and take an educated guess about how long the stock would run.
For example…
If the email said something like, “We received $3.6 million to advertise this stock…”
… you knew it could run for a while. But if the budget was small — say, $20,000 — it might not run at all. So you could judge the holding time based on the budget.
Now you just have these promoters with random names on random social media accounts. You don’t know the budget. And when promoters are exposed, they change their names. HINT: use StocksToTrade Breaking News — they alert all the best and worst pumps.
(Quick disclaimer: I helped design and develop StocksToTrade. I’m also a major investor in the platform.)
So my trades are NOT based on the quality of the company. These aren’t quality companies — they’re quality trading opportunities. It’s important that you understand the difference.
Ride the hype — but never believe it. Too many newbies believe the hype and go down with the ship. This is why I teach and get so riled up. Focus on the process, learn the rules, and then trade the ticker.
How to Spot the Trading Opportunity
First, accept there’s a difference between a trading opportunity and an investment. You are NOT buying the next Microsoft. One trade will NOT make you rich. Your next trade is NOT the key to your wealth.
It all starts with…
A Willingness to Learn
Too many people are so focused on the money that they can’t learn the process. Others are so focused on the hype that they can’t see reality.
So if you’re gonna take advantage of a trading opportunity, you have to start with a willingness to learn. And that means you need to be teachable.
Confused? Check it out…
How to Be Teachable
There are a lot of people who say, “I want to be a millionaire and I’m willing to learn.” The problem is that there’s a difference between a willingness to learn and being teachable. Some people swear up, down, and sideways that they’re willing to learn, only to resist everything I try to teach them.
How do you become more teachable? Get inspired to study daily. Focus on the process instead of the money. Pay attention during the webinars and video lessons. Take instruction. Accept the truth about these companies. Most importantly, be willing to…
Overcome Obstacles
There’s only a limited amount of information you need to know to be a self-sufficient trader. After that, it’s all about experience, self-discipline, and rules. (I trade with these rules.)
But…
There’s a TON of misinformation out there. And that’s why it’s so important to be careful who you listen to. Promoters prey on ignorance and impatience.
You have to dissociate yourself from the emotions the promoters use to sucker you in. We all have emotions. So we all want to believe and we’re all a little greedy at times. But the promoters use this to persuade you and then brainwash you. That’s why I consider it my duty to deprogram newbies.
Get Inspired, Get Educated, See the Trading Opportunity
My goal is for you to see every ticker as a trading opportunity. (That’s not to say you should trade every stock. I look for opportunistic trades — those with a big reward/risk.)
I want you to see ALL the trading strategies, find what works best for you, and then become self-sufficient.
And that brings me back to…
An Amazing But Time-Sensitive Trading Opportunity
On October 20, I’m giving a presentation with my friend Paul Scolardi where he’ll explain his strategy. (It’s no cost and no risk to tune in. Register below.) I’m so excited that I recently wired $1 million into my E-Trade account to take advantage of it. That’s how much I believe in it.
Check it out…
There's just something sexy about seeing the new $1 million wire hit my $ETFC account…see my brokers at https://t.co/Ens8xBEzdW and read my newest blog post at https://t.co/SmWbsKtq2q to see how real I am, but I do enjoy my haters LOL! Who can guess what this $1 million is for? pic.twitter.com/JDmn6X23G5
— Timothy Sykes (@timothysykes) October 8, 2020
Paul and I have been friends for a long time. His strategy has nothing to do with penny stocks.
I know … I’m the penny stock guy … So maybe you’re thinking, “Why are you doing this, Tim?”
The thing is, the market is so on fire right now that I can’t help but look at other opportunities.
Again, it all comes down to the trading opportunity. Paul’s made over $3 million this year.* To put that in perspective, I’ve made $903,208 this year.* And even though it’s my best year ever, I know the value of learning new strategies.
(*Please note: Paul’s and my results are far from typical. Individual results will vary. Most traders lose money. I have the benefit of years of hard work, dedication, and experience. Trading is inherently risky. Do your due diligence and never risk more than you can afford to lose.)
But I’m not gonna just pick a random strategy. It has to be something I know is working for someone I trust.
Risk vs. Reward
Remember, you can’t judge a trade on whether the company is good or bad. You have to look at risk vs. reward. The reason I’m so excited about Paul’s strategy is because there’s more upside than risk.
Again, it’s not that any of the companies are good. And I don’t believe these companies are going to change the world. But I know when I see a solid trading opportunity. That’s ALL I care about.
Join us to discover…
The Hottest Asset Class of 2020
Some of the savviest traders on Wall Street are in on this. I’ve never set aside $1 million for any strategy other than penny stocks. But there’s a potential trade on October 21 — and Paul believes it will be his next big winner.
The webinar is at 8 p.m. Eastern on October 20. Register here now.
It’s 100% free of charge, so register now and I’ll see you on October 20 at 8 p.m. Eastern.
If you get it, comment below with “I will learn to recognize solid trading opportunities.” Comment below, I love to hear from all my readers!
Timothy Sykes and Paul Scolardi teach 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: https://content.timothysykes.com/terms-of-service/.
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