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Hey Tim Sykes, millionaire, mentor and trader here answering your questions, a lot of people ask me should I hold this stock for the weekend?
0:10 I love holding stocks on Fridays and selling Mondays if the play is right if the set up is there. One of my first biggest wins was back as a freshman in college, I made over $100,000 in one day, one weekend, buying the stock on Friday selling it on a Monday all because the company put out a press release on Friday saying, hey we’re going to be featured on this news program on Sunday and I mainly banked that the news program would be positive this was back in the year 2000, so nothing was really negative back then, early 2000 before the crash.*
1:45 You do have to be careful though, because sometimes there’s a buy on the rumor phenomenon and sell on the news, so even if the news is very positive the stock drops because everyone already knows about the press ahead of time, so I’d be cautious, every situation is a little different depending on the overall market, depending on the company, depending on the news program, depending on the technology, and you kinda have to judge it.
3:45 I know you want like an exact answer like, okay always buy stocks on Fridays and sell on Mondays the stock market and penny stocks are not an exact science you’re going to have to judge each situation individually, but you can still be prepared ahead of time, this is why I have 5000+ video lessons, over a dozen DVDs, 1000+ webinars, so you can learn from the past and say you can say okay, I remember this pattern, I remember how this stock or this biotech sector does with upcoming news or earnings, is another catalyst.
4:10 Earnings winners haven’t really worked lately when a company reports good revenues or profits or says something positive on their conference call let’s say they do it on a Thursday or Friday the stock is spiking, you think the news is going to spread over the weekend, that hasn’t really been working the past few weeks and months in the market, so you have to learn to modulate, you know sometimes you can be very aggressive, now is not the time to be aggressive but holding over the weekend is a great little pattern, especially if you’re busy, and you can’t trade all day you know, look for a stock that is spiking into the close on a Friday afternoon, try to see what the news is, and if the news has legs, if it’s going to be of interest to people who are seeing it over the weekend, try to buy it into the close, sell on a Monday morning, that’s one of my patterns, cheers.
5:00 Hey, Tim Sykes, millionaire, mentor, and trader, thank you for watching my videos I hope that they help you, I want to share everything that I have 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.
- Results may not be typical and may 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: https://www.timothysykes.com/terms-of-service/.
Should You Hold Penny Stocks, Learn When to Hold Penny Stocks Over the Weekend.
Acquiring The Best Cent Stocks – The Secret Formula To My Success
It takes all the time more than complete time effort. There is an opportunity that these terrific volumes are being controlled so beware in trading. The stock exchange draws a a great deal of people to it.
Learn When to Hold Penny Stocks Over the Weekend, Find trending complete videos about Should You Hold Penny Stocks.
Aspects That May Affect Your Wish To Purchase The Finest Penny Stocks
Trends are any pattern you can discover in the history of a stock rate. Rather than useless and totally free, premium choices can make you a lot of money. Micro cap stocks by meaning trade under five dollars.
The very best cent stocks have made some individuals ear millions, however such scenario is not common amongst all the financiers. The market of stock and trading always include some threat and it is essential that you discover methods on how to minimize such threats. Specifically, with the cents, the quantity of threat is much larger than other types of financial investments. For that reason, it is essential that you inspect out some essential information on such hot penny stocks. Here, you will discover some ideas that will assist you to make safe financial investments.
Basically, these stocks are low priced shares available for less than a dollar each. The Best Penny Stocks to buy are those which are selected meticulously. As these stocks are inexpensive, lots of individuals choose to buy them. One can own a business by spending a little quantity of money as compared to recognized companies. An investor availing their stocks can make optimal profits on the pennies if the business have the potential to multiply their possessions. Owing to their low rates the cent stocks are purchased in large numbers and a small change in the price can lead to extreme revenues and or losses.
Cent stock investing is like any other kind of stock or index trading, education is essential and you need to do your research study. You would not buy a vehicle from a stranger on the street telling you it’s a good deal, so why would you invest money in a stock on the information supplied via a spam type email? When dealing with Penny Stocks it is normally best to do your own research. Do not rely on ‘Hot’ stock lists – these will frequently have a variety of over valued stocks that will soon be taking a long walk off a brief pier.
Buying cent stock has to be done based upon how and where you was familiar with about the stock. This is due to the fact that the majority of people get to know about penny share through mailing lists.
Another thing I check out is how the business does seasonally. A business might do very well throughout the winter, however extremely badly during the summertime. When it comes to Penny Stocks Trading choosing which stock to invest in, knowing things like this will be a big help.
You can likewise watch out for the best stock charts that are ideal for trading. In addition to these stock charts, you can also take the help of reputable companies that deserve trading. You can examine the stock cost history that mainly includes stock chart patterns with the potential value or the increased worth. Since of their unpredictable nature, all the stocks that are well improved with the odd trading patterns do not acquire a lot of appeal in the market.
There are specific elements which bids us to purchase penny stocks. One main thing is that they are cost effective and inexpensive. This makes anyone with a small amount of cash to purchase them. But the real huge aspect for buying little cap market is that if that business starts and become a large company, the profit of the financiers will be increasing in the variety of 50 – 200% or even 400%. This boost of earnings in bounds and leaps is not possible when it comes to recognized business. The small cap markets are exempt to big scale market motions.
It can likewise check on many various stocks and companies at the very same time. Look to offer the rest about a week or two later. If that isn’t the case then why is the guidance totally free?
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