5 Steps To Finding Killer Trade Opportunities

5 Steps To Finding Killer Trade Opportunities

– In this video, we’re
gonna talk about five steps to finding the absolute best stocks, yeah! (upbeat music) – What’s up Tim Sykes,
millionaire, mentor, and trader, here with five steps for finding
the absolute best stocks. First of all, I think that
you really need to understand that it takes the best stocks to get rich. You can’t get rich. You can’t make a lot of money
just trading random stocks, so leave a comment underneath this video. Do you even want to get rich? ‘Cause this a very important question. I know most people will be
like, yeah, of course, Tim. I wanna get rich. I’m listening to your dumb a**. Yeah, that’s nice to say
that you wanna get rich, but it’s another thing
to actually believe it. It’s another thing to actually type it. So I want you to, A, say it,
B, believe it and, C, type it. Post a little comment
just below this video. Say, yes, I want to be rich. And the more times that you say that, say it when you wake up,
out of bed every morning. I know it might sound weird like, depending on who is next to you, just be like, yes I wanna get rich. And they’ll be like, what? The more times you say it,
you start manifesting it, and you start doing the things that are required to actually get rich. I know it’s silly, I know
it sounds simplistic, but trust, me it works. I’ve been teaching now for 10 plus years. You would be surprised at the things that work the best for students. I don’t think there’s anybody in the world who talks to more traders or
upcoming traders than I do, so take it and use it. So, in order to get rich,
you do need the best stocks. How do you weed out all the bad stocks? There’s thousands of stocks. How do you focus? Number one, use StocksToTrade. I’m gonna post a link
just below this video. Using the StocksToTrade, which is software that has put to together all of these different news
sources, charts, information. I mean, it’s so necessary. Before StocksToTrade, I
used to look at 20, 30, sometimes 40 freaking websites
just for all the information, so you need to have the
information at your fingertips. Number two, know which
indicators matter the most. Technical analysis is your best friend with low price stocks, okay; buying breakouts, buying at support, your former support levels. Look back one day, two days, three days, five days, one month, two months, six months,
12 months, 24 months. Look at different timeframes
and see where potential support and resistance levels are. Number three, you have to
look at the fundamentals. I’m not saying that there’s
gonna be many fundamentals with these low price
stocks and penny stocks ’cause, frankly, they might
have one or two products, very little in the way of revenues, probably some big losses, not
much in the way of profits, not much in the way of cash,
but at least look at it and start doing some research. Get used to understanding what is their profits doing year to year. What’s are their margins? Are revenues growing or shrinking? Do they have new products on the horizon? So its not just purely technical. I like to use technical and fundamental. If you wanna guide to study, study my trader checklist guide. That goes over all the indicators, but between technical
analysis, fundamental analysis, and using StocksToTrade, that’s fantastic. Number four, you really have to look at all the biggest percent
gainers, every single day. This is on StocksToTrade. It’s a part of it, but
this is its own bullet just ’cause it’s so important. This is what I focus on, not
the biggest percent losers, not random stocks with random stories, the biggest percent gainers. Stocks that are spiking 20%,
30%, 50%, 100% in one day, those are the stocks that have a tendency to be the most predictable on
day two, day three, day four of whatever run up they’re having. And number five, how do
you find the best stocks? You study the past. I know you don’t wanna hear this. I know you don’t wanna go
through my 6,000 video lessons or my hundred plus hours of guides, but trust me, it is crucial. All of my top millionaire
students had one thing in common. They were so dedicated in their studies and they utilize their
knowledge of the past, their knowledge of the patterns, their dedication to creating
the life that they want. That’s what it comes down to. You’re not gonna make millions of dollars if you don’t study the past,
if you don’t truly want it. If you just wanna follow
other people’s picks, if you think that getting
rich involves following hot alerts, trust me,
you’re sorely mistaken. So study the past. I don’t make all these
video lessons and guides and DVDs for the fun of it. I don’t just like talking. I want to help you. Remember, I did all this on my own. I didn’t have a teacher, so I’m trying to be the teacher
to you that I never had. And I’m trying to give you
the tools that I never had to speed up your learning curve. I know you might not think a video lesson from five or six years ago is applicable. You’ll be like, “Tim, I
don’t care about this.” Trust me, the patterns repeat. The cool things is this
game is not rocket science, so a pattern that happened in 2012 or 2014 could easily happen again. Sadly, too many people
don’t study the past, so they’re unprepared if it happens again. They don’t know that it happens again. I can’t tell you how many people I see in the chatroom being like, “I’ve never seen anything like this. “This is crazy!” Yes, you have. You just haven’t studied. So don’t be unprepared
like too many people. Use the links just below. I’m gonna link StocksToTrade. Use it every single day. There’s 40 plus scans built in. That will help narrow down
the thousands of stocks to only the best stocks. Hey, Tim Sykes, millionaire,
mentor, and trader. Thank you for watching my videos. I hope that they help you. I wanna share everything that
I’ve 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. (upbeat music)

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