BREAKOUT

Tracking afternoon breakouts -------- Min 3 of Ch. 8 ------ Min 51 of Ch. 3 ------- TT2 .... #Grittani

Min 6:24:00 (2 hours) ------- LONGING major daily BREAKOUTS (Nasdaq/listed) ---- TRADING TICKERS 1 --- Part 2 --------- https://members.timothysykes.com/lessons/trading-tickers-1-part-2 ........

Min 2:40 (2 mins) -------- OTC multiday Breakouts ----------- Trading Tickers 2 -- Chapter 4.......

Min 6 (3 mins) --------------------- (Nasdaq/listed) BREAKOUTS --------------------------------------------------------- Trading Tickers 2 -- Chapter 4.................

Min 57 --------- CHAPTER 3 --------- Trading Tickers 2 ------------- what to track when tracking BREAKOUTS --------- https://members.timothysykes.com/lessons/trading-tickers-2-chapter-3/ .........

Read ---------- www.tradethematrix.net/post/small-cap-stocks-multi-day-runners ........ www.tradethematrix.net/post/trading-breakouts-with-better-edge .............

Min 6:24:00 (2 hours) ------- LONGING major daily BREAKOUTS (Nasdaq/listed) ---- TRADING TICKERS 1 --- Part 2 --------- https://members.timothysykes.com/lessons/trading-tickers-1-part-2 ........

MULTI-MONTH / MULTI-WEEKLY BREAKOUTS happens anytime during the day ---------- starts at Min 1:12:40 in "Part 2" of Trading Techniques DVD.... Min 1:20:00 of "Part 2 ORIGINAL" vid.... TRACKING STATS: Min 48:40 AND Min 1:12:00 of "Part 4" vid...

search THIS PATTERN'S NAME on SYKES YOUTUBE CHANNEL VIDEOS; STOCKSTOTRADE'S YOUTUBE CHANNEL VIDEOS................

Min 18 ------- HOW TO TRACK BREAKOUTS --------- Chapter 3 -------- Trading Tickers 2 ..........

watch ------------- www.youtube.com/watch?v=N7WDqniunY0 ........... www.youtube.com/watch?v=sDZUbqtuAnI ............ YO, TRACK THESE 4 FACTORS FOR SUCCESSFUL BREAKOUTS ---------- www.youtube.com/watch?v=DLjjHYLz1_Q ..........

Tim Sykes and Bohen giving presentation on playing multi-day breakouts --------- www.youtube.com/watch?v=H88iC3dYfGM ..............

How to play breakouts -------- www.timothysykes.com/blog/breakout-trading/?email=saloul10%40gmail.com ............

Min 47:30 ----------- adding to winners --------- www.youtube.com/watch?v=kILFvh_uSjk .......... #breakouts

Five ways to avoid false breakouts ------- www.youtube.com/watch?v=12DP39zwSPU ..........

Min 1:15 — https://m.youtube.com/watch?v=wyUp83xXVdA …..

Read this article on two patterns to focus on ---------- www.timothysykes.com/blog/solid-trading-patterns/ .............. #multi-dayBreakouts

Min 8:20 ---------- The BREAKOUT must be accompanied by an EQUALING INCREASING VOLUME BAR confirming the move | otherwise it is a fakeout (a fake move) = a sign of MARKET MANIPULATION ----------- www.youtube.com/watch?v=vUhuoLIFjdA .......... #TradingPriceAction

www.youtube.com/watch?v=M1hYqq6t-fE .....

breakouts ---------- https://www.youtube.com/watch?v=N7WDqniunY0&list=PLWWz2BSabm3ZpwlDDzUxBmfrDl1-QJc1y&index=12 ..........

Min 21 --------- how Sykes wins 75% of the time.............. he plays multi-day running breakouts.----  "Spikeability" DVD --------- Part 2 ------------ https://members.timothysykes.com/login---------saloul10@gmail.com | pduyygaj ............

Min 27 ------------ look at the biggest % gainers in the past 5 DAYS! ----  "Spikeability" DVD --------- Part 2 ------------ https://members.timothysykes.com/login---------saloul10@gmail.com | pduyygaj .........

www.youtube.com/watch?v=D_uOUj6Yv1E .............
https://www.youtube.com/watch?v=qnJrXablFYw ...........

https://www.youtube.com/watch?v=dGhN8uCaMIk ...........
https://www.youtube.com/watch?v=ORxN2NfI0wg ............
https://www.youtube.com/watch?v=GHzsjL1mEaY ............
https://www.youtube.com/watch?v=APpBdb7gSWM ........

https://www.instagram.com/p/ClUVsk_PAQ2/ .......

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Min 6:24:00 (2 hours) ------ LONGING major daily BREAKOUTS (Nasdaq/listed) ------- TRADING TICKERS 1 --- Part 2 -------- https://members.timothysykes.com/lessons/trading-tickers-1-part-2 ........

Min 00:00:01 (1.5 hrs) --------- AFTERNOON BREAKOUT [pattern] ---------- Min 2:20 - Min 13 (afternoon breakout criteria) -------- Min 13 (how to play the Breakout) ----- Trading Tickers 2 – Chapter 8.....

Min 6 (3 mins) — LONGING breakouts (Nasdaq/listed) ---------------- Trading Tickers 2 -- Chapter 4........

Min 2:40 (2 mins) — LONGING OTC multiday Breakouts ----------- Trading Tickers 2 -- Chapter 4.......

AFTERNOON BREAKOUT DATA TRACKING --------- Min 1:15:30 — MIN 1:45:00 — how to optimize AFTERNOON BREAKOUT spreadsheet for evaluation— TT2 — Chapter 3..........

Min 1:01:45 —  TT2 ---- Chapter 3 —— TRACKING AFTERNOON BREAKOUTS SPECIFICALLY! — and how to CALCULATE ALL SORTS OF DYNAMICS!!!!!!!!!!! Grittani gives formulas and ways of doing everything! ——Take notes on calculating the percent gain potential I have in a afternoon breakout setup! SETUP MY AFTERNOON BREAKOUTS SPREADSHEET JUST AS GRITTANI HAS HIS SETUP HERE....

Min 1:01:00 --------- how to create FORMULAS to generate further evaluations/analysis of data that was tracked --------- CHAPTER 3 -------- TRADING TICKERS 2 --------- https://members.timothysykes.com/lessons/trading-tickers-2-chapter-3/ ............

snip Min 18:50 (afternoon breakout)-------- TAKE NOTES! Into my statistics  Google sheets !--------- TT2 (trading tickers 2) ------- Chapter 3...............

Min 18 ------ Roland Wolf on buying breakouts and risk management when playing breakouts ---- Trading Tickers really helped him understand a better method for risk mgmt when buying breakouts ----- www.youtube.com/watch?v=cjc2yzqh9yw ........!!!!!!!

Min 19 -------- be patient with trading breakouts, but not with random intraday dips (instead, scalp those!) -- evaluate your trades and look for ways to better -------- Grittani ------ it will pay off ---------- www.youtube.com/watch?v=9BqMy3hPVXU ............

First 15 seconds ------- Min 7 (Monaco's favorite patterns; OTC and listed) ---------- Matt Monaco is a BREAKOUT trader -------- www.youtube.com/watch?v=jfy6_gcp2Ao .........

Whether it's earnings or technical breakouts....... stocks can have legs.... 2-4 days worth....... -Sykes

With low-priced stocks -- do not be looking to dip-buy... look to buy breakouts...... -Sykes

The main reason why people lose money is because of greed and poor risk management... -[trader who makes $250k a yr trading]

Min 19:55 ---- there are million types of breakouts ------ hold a bit longer ---- scale out slowly -------- there's a way to win in trading, you just need to find it for yourself ----- www.youtube.com/watch?v=klGtzh0vsRI ......... #Tuohey

THE KEY TO CATCH THE STOCK BREAKING OUT RIGHT BEFORE IT DOES -------- www.youtube.com/watch?v=7drv99rvVnA............Min 6 especially......... KEEP EYE OUT ON ----- high volume. read stock history before tech breakout to see which have legs (in the stock's historical chart). GREAT if there is good news. if it is a hot sector. big volume. earnings winners. a new billionaire investor.

Breakout traders --- Perhaps the most predictable traders in the market. These traders buy penny stocks when it's near premarket high, intraday high, and previous day high. Breakout trading pattern is the most commonly taught strategy in many day trading chat rooms. Thus the crowded buying could cause penny stock breakouts to fail.

TIM SYKES ON SOMETIMES CHASING STOCKS AT MARKET OPEN
Some of these plays that really run, right near the open, it really pays off to be a little speculative early on. . if you wait, you might just miss the big run-up (at market open). . . When you have these fast runners, sometimes you don't get a dip, so i risk it a little bit when i think that it deserves that risk. . i don't chase everything (usually i should wait for a dip), but the big percent gain was there. . . -sykes

watch ---------- www.youtube.com/watch?v=Ryl5QRe4olA ........... #Sykes

breakouts are a great pattern for new traders to start with... They’re easy to understand and identify on a chart. And you can often trade them more than once. -Matt Monaco 

Watch -------- https://m.youtube.com/watch?v=CqSQwFbdwXc&email=saloul10%40gmail.com .............

Min 26 – Min 30:40 ------ Jackaroo likes trading stuff that has massive price action and is a huge scam because the price action just makes more sense to him | buying breakouts on a strong market (stock spikes, pulls back, then buying it on the breakout #scams price action is most clean for breakouts) | shorting stocks that are way too over-extended (if it is up 3-5 days in a row then I look to short it when it’s falling off the cliff) | panic dip buying is a little bit tricky but if it’s a natural type selling pressure due to stop losses and not massive dilution then usually there’s a good bounce --- I just traded these patterns the last 5 years and really grew my account … THE MORE VOLUME THERE IS THE GREATER THE OPPORTUNITY (THE LESS RISK THERE IS) BECAUSE THEN THERE IS NO WORRY ABOUT SLIPPAGE; VOLUME IS JACKAROO’S #1 INDICATOR, THEN TECHNICAL LEVELS (HISTORY OF THE STOCK’S CLEAN PERFORMANCE OR IS IT SUPER CHOPPY?) --- DAY CANDLES THAT AREN’T VERY WICKY BUT HAVE SOLID CANDLE BODIES ------- www.youtube.com/watch?app=desktop&v=cj4X2fgAuHk …….

Min 14 --------- Grittani on what he tracks in the beginning of a new pattern... when tracking multi-day breakouts, Grittani looks at: what was the breakout price, how much did it dip after it broke-out, how high did it eventually get, etc.... and i would just try to look for patterns in the information, just tracking what I'm seeing in front of me and trying to find patterns in the numbers)... -------- www.youtube.com/watch?app=desktop&v=mr9F5PADkV8 ..........

Min 21 --------- how to buy these breakouts ---------- www.youtube.com/watch?v=3NK6dzW_mBo ..........

HOW TO SETUP MY BREAKOUTS SPREADSHEET!!!!!!!!!!!

Min 1:01:00 --------- how to create FORMULAS to generate further evaluations/analysis of data that was tracked for BREAKOUTS specifically --------- CHAPTER 3 -------- TRADING TICKERS 2 --------- https://members.timothysykes.com/lessons/trading-tickers-2-chapter-3 ............

Min 1:12:00 --------- how to calculate what RISK % i should set for my STOP LOSS when trading *volatile* BREAKOUTS --------- CHAPTER 3 -------- TRADING TICKERS 2 --------- https://members.timothysykes.com/lessons/trading-tickers-2-chapter-3 ............

Categorize my statistics based on Trading Tickers 1 (PART 1) DVD in it's last 4 minutes! how he does it there is exactly how i gotta track stats and summarize them then into categories into a separate stat sheet!

read---------www.timothysykes.com/blog/breakout-trading ........

There are lots more false breakouts, perhaps because there are more computer-based trend followers.
Here’s the deal:
Not all breakouts will work out.
In fact, half or more of your breakout trades are likely to fail.
However, it doesn’t mean trading breakouts is a losing strategy, far from it.
Remember, it’s not how often you win that’s important.
It’s how much you win when you’re right and how much you lose when you’re wrong — that’s what matters.
Also… If you want to increase your odds of capturing a trend, you must trade across different markets. This includes Forex, Indices, Energy, Metals, Agriculture, etc. - RICHARD DENNIS

-- A breakout is often marked by a dramatic increase in volume (caused by losers selling/running for the exits].

-- FALSE BREAKOUTS tend to have light volume.

-- A breakout on low volume SHOWS LITTLE EMOTIONAL COMMITMENT TO A NEW TREND ... IT INDICATES THAT PRICES ARE LIKELY TO RETURN TO THEIR TRADING RANGE...

-- A true breakout should not be followed by a pullback into the range .. just as a rocket is not supposed to sink back to its launching pad.

-- The best time to buy a breakout on a DAILY CHART is when the WEEKLY CHART suggests that a new uptrend is developing.

Track::::::: did the stock trade more VOLUME (shares traded) than it's previous day? (if less, #short opportunity; if more, potentially a multi-day b/o) [Min 3:20: https://youtu.be/xbYvnSr1TSQ]

Track::::::: did the stock trade more DOLLAR VOLUME (dollars traded) than it's previous day? (if less, #short opportunity; if more, potentially a multi-day b/o) [Min 3:20: https://youtu.be/xbYvnSr1TSQ]

-

Min 3 ------------- for a stock to SPIKE on it's current day (if it is a MULTI-DAY RUNNER), the stock needs to trade MORE DOLLAR VOLUME THAN IT DID THE PREVIOUS DAY, for it to continue to go up. Otherwise the stock will likely lose momentum and fade/tank downward ----------- www.youtube.com/watch?v=xbYvnSr1TSQ .......... #shorting #multiDay #breakouts

Find patterns that work well for you; not no one else necessarily. . . A lot of trades, a lot of patterns - like breakouts for example - is probably the most popular pattern because it's so basic -- the reason they can be tough to trade is b/c everyone is trading them, so they get kinda wacky. .  .but there are a lot of patterns i still trade through pattern recognition over time, then coming up with a name for that pattern if i haven't been taught it or seen it somewhere else, and then tracking my performance on that pattern over time. . . . . . This experience only comes with years and time. . . . -ROLAND WOLF

Min 36 ------- focus on multi-day runners | one day runners aren't very accurate or insightful ------- https://members.wolf-alerts.com/commentary/lessons-from-jack-kellogg-must-watch/?email=saloul10%40gmail.com ........ #jackaroo #multiDayRunners

read -------- www.timothysykes.com/blog/breakout-trading/?email=saloul10%40gmail.com .............

HOW TO TRACK BREAKOUTS -------- Min 2:30 ---------www.youtube.com/watch?v=uLDCGRhlH-Y&list=PLy0e21E_gBL-J9XIQj620M0QhmW2pKp19&index=4 ............. 

Min 3 -------- breakout calculations --------- HEAVY VOLUME is always favorable for breakouts to succeed ---------- www.youtube.com/watch?v=OTo_3mu6EIw&list=PLy0e21E_gBL-J9XIQj620M0QhmW2pKp19&index=9 ................

Min 3 -------- short-squeeze calculations --------- www.youtube.com/watch?v=OTo_3mu6EIw&list=PLy0e21E_gBL-J9XIQj620M0QhmW2pKp19&index=9 ................

On average, the more expensive a stock's price gets, and the more volume that is traded, THE GREATER THE STOCK WILL FALL IN THAT DAY. -Dux

Min 6:45 - end --------- When my account gets larger and i start sizing in more, heed my trading very low floats (it can be dangerous b/c the price can flicker very fast! --------- www.youtube.com/watch?v=lbjltc5D8gg .............

KEY LEVEL BREAKOUTS TO LOOK OUT FOR, INCLUDE:

- a weak open red-to-green [when a stock rises above the PREVIOUS day's CLOSE PRICE]

- a Day 1 high [when a stock rises above it's DAY 1 high]

- a VWAP reclaim [when a stock goes back above VWAP]

Min 1 - Min 3:30 --------- Min 4 --------- Min 8:30 -------- how to ENTER A BREAKOUT TRADE | entries ------- www.youtube.com/watch?v=bQWAkgGQJNU ........ #breakouts #Bthestory #entries #entry

THE BEST WAY TO PLAY BREAKOUTS

• The higher the timeframe, the stronger the BREAKOUT move (in other words, look for breakouts out of the HOURLY or the DAILY chart candles)...

• Look for breakout areas where SUPPORT has been tested at least THREE TIMES... 

• Ensure there is HEAVY VOLUME building up and leading into the breakout.

• Enter on PULLBACKS. The pullback is very very important. Ensure that the stock is hitting support (that served as previous resistance). -BTheStory #breakouts #timeframes

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TRACK:

• Does the stock have good news?
• How has the stock reacted to good news historically? (explain the consistent next 5-10 day candles following the stock's supernova/spiking)

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If you start chasing stocks, you will get bitten. . . . sacrifice the battle (miss a trade) to win the war.... Most people are not meticulous enough..... -[Sykes]

DIFFERENT BREAKOUTS ----- Min 20 ----- a list of all of the different types of breakouts ----------- Experiment with the different types of breakouts ------ www.youtube.com/watch?v=Maf5Lhy53UU .......

Higher and higher lows LEADS to a stock's spiking (likelihood)..... meaning the lows, when higher in price (support level) than it's previous lows, the stock will likely spike at a certain point..... -Sykes

Use the 15 Minute Rule
With any trade that breaks a premarket high, we always risk a fakeout.
More often than not, shares will poke through the high and then quickly fall away.
That’s why the timing component is so crucial here.
It’s what made the difference.
Every time a stock runs up into a resistance level, give it 5-15 minutes to tell you which way it wants to go.
If shares spikXe through and quickly fall away, you know the morning trade is a no-go.
If shares hold near that level for 15 minutes and VWAP starts to creep up, now you’ve got a shot at pushing higher.
It’s also important to analyze the volume.
Higher volume means more conviction. When a stock makes a high-volume tail candle at the premarket highs, it will have a heck of a time trying to break through again.
Also, keep an eye on VWAP. 

When stocks hold VWAP, even off a pullback from the highs, that can give bulls the strength to bust through and keep running. -Bohen #breakouts #dipandrip #premarket

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SHORT SQUEEZES
THE RECIPE FOR A SHORT-SQUEEZE:  no one is selling shares (shown on level 2) ... thus, you have short's getting squeezed ... you have buy-ins ... you have lack of a volume ... and you have uptrending price action..... -Tim sykes

Every single short is a potential short-squeeze. When the short-squeeze happens, it's a potential buy..... -Sykes

Min 2 ----- the jest of a short-squeeze (being self fulfilling prophecy) --------- www.youtube.com/watch?v=DO4fMijqb-c ........... #JordanBelfort

Min 5:20 ------- on how a short-squeeze works --- Graham Stephan -------- www.youtube.com/watch?v=8YrnTbzuOWM ..........
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WHAT TO TRACK FOR BREAKOUTS

track the BREAKOUT POINT (PRICE $).........

then track the LOW ($), and the LOW (%) based on the B/O PRICE.......... 

then track the HIGH($), and the HIGH(%) based on the B/O PRICE.......... 

Min 21:25 --------- buying breakouts when it is an incremental stair-step day by day uptrend is better than a 200% gainer in one day (which is likely to create a good short opportunity the next day, relatively speaking -------- https://www.youtube.com/watch?app=desktop&v=LL2cny57Dho ......... #grittani #multiDayBreakouts

Short sellers love to lurk near the top of each stock. Shorting penny stocks are a very commonly taught trading strategy. But the immature shorts could sometimes be victims of a penny stock short squeeze. To get out of their position, short sellers have to buy to cover. That's why during penny stock intraday break outs the squeeze can go parabolic because the shorts are trapped [buying (to cover), thus increasing the stock's price and spike].

SHORT SQUEEZES --- BIO stocks make for the best squeezes, when short-sellers hold on to that little glimmer of hope. . . -Matt Monaco

Min 1:24 ---- Importance of volume breakouts ---------- www.youtube.com/watch?v=rq4jthS3nTA..............

Min 14 ------------ on TRADING TICKERS still having relevant patterns (ones that don't work so much: new promo releases (chapter 5) | listed(Nasdaq) stock breakouts are still kind of hit or miss.......GRITTANI tips ----- https://youtu.be/Vz0aoeT5bmA ..........

Min 20:40 --------- OTCs come and go (the multi-breakouts), they're not always hot. It's good to expand to the Listed stocks (NASDAQ) if you want to trade full-time....Roland Wolf ----- tips and affirmations --- www.youtube.com/watch?v=dAanETbgqNM ..........

Min 16 ------ Grittani strategies he still uses the most now are::::::::: buying OTC breakouts | over-extended gapdowns....... <------- Grittani's favorite 2 patterns to play...... https://youtu.be/Vz0aoeT5bmA ..

QUESTION: When would you buy when you see a #1 for the framework show up?
KYLE WILLIAMS: I don't like buying till #2-#3 during a breakout.
QUESTION: why?
KYLE WILLIAMS: its just early, very hard telling a supernova will take place being that early.
MAXEDOUTTRADES: that's a guessing game trying to find the next runner before it actually runs, its much easier to short overextended runners and current runners that have consolidated and break out

CATCHING THE Pattern #1 and Pattern #2 OF THE FRAMEWORK
Min 10 - end ------- look at consolidation on low volume, with lots of LEVEL 2 asks (relative to a smaller volume level) ----- and if it breaks, it has potential to spike up ----- www.youtube.com/watch?v=O9QRWjtxvnY .......

DIFFERENT TYPES OF BREAKOUTS
Min 19:30 ---------- there are a million types of breakouts, so for me finding the one that works best for me, that's when I started seeing success ------ www.youtube.com/watch?v=klGtzh0vsRI .........
Min 24:30 --------- if i'm going for a breakout play, i don't want to enter at the breakout level...... ideally I'm selling into the high of day breakout area.... Find those VWAP areas ------ www.youtube.com/watch?v=klGtzh0vsRI .........

THE FRONT SIDE OF THE STOCK'S MOVE USUALLY HAPPENS CONTINUALLY WITHIN 5 DAYS........ UNLESS A NEW CATALYST COMES INTO PLAY AFTER DAY 5.......... OTHERWISE, BY DAY 6, DAY 7, DAY 8, THE STOCK IS ON IT'S BACKSIDE AND IS A SHORT........... -Bohen commentary

A STOCK IS A MULTI-DAY RUNNER, when a stock hangs around. It might be down a lot from yesterday’s premarket highs… But it’s still up roughly 150% over the last two days. [IN OTHER WORDS, a stock is considered a multi-day runner when it hangs around... Meaning, if it is still up a substantial %gain from when it first started it's run, then it is considered a multi-day runner, even if it looks like it's tanked / dipped from it's highs (i.e. and it's still up in % overall from when it first spiked)].

SPIKING
When a stock breaks out to new highs (and it's heavily shorted) (and there are new buy-ins), the odds favor upside (spiking).... -Sykes

Some trades / patterns take longer to setup, and frankly I like the ones that take longer because you don't have to be in and out in seconds. A multi-month earnings winner, a multi-month breakout with huge volume is something that is sustainable for weeks. These are safer plays than some low-float bullshit that comes crashing after a day or two. -Sykes

Even if a stock breaks-out by a few cents a share, it needs to hold that breakout, it needs to confirm it, otherwise it could be a fake-out...... -Sykes

Focus on breakouts. Focus on stocks that hold support. Or shorting stocks that break support. Stay away from choppy stocks. Only trade when there's a great setup. -Tim sykes

THE BEST PLAYS JUMP OUT AT YOU
- The best plays don't happen every day, but when they do, they are GIMMIES
- Have the patience to wait for plays with MULTIPLE indicators in your favor
- Buy stocks breaking out to new highs, with good news, in a hot sector, that's not over-extended
- Short stocks that are scams, up a ton due to manipulation and promotion, bound to come crashing down, not a question of "if" but when..

Buy a stock on consolidation only when the consolidation lasts a long time. Otherwise, a short-term consolidation will result into a fake-out (a fake-out breakout)....

Min 43 — focus on MULTI DAY BREAK OUTS starting out — watch all sykes Video lessons (4,000+), on multi day break outs — and DIP BUYING — https://m.youtube.com/watch?v=z9ZQ7-30TxE ......

[Best place to buy is...⁣⁠]
The best place to enter a long position aka] buying a stock is at a major key level of support.
Reason this is so important for beginners is because you have a CLEAR KEY LEVEL to base your risk. I'll try to give you an example through text..."wish me luck".⁣⁠
Lets say stock AB is at $1.50/share in the afternoon. You notice in the morning it spiked from 1.00 to 1.50 and since then has been consolidating between 1.50 and 1.35 (Key support).⁣
Since it has based off 1.35 all afternoon its safe to assume this will be a good level to risk. There are two sides of the coin when it comes to long, you can either buy the dip (Meaning near 1.35).⁣
OR⁣⁠
You can buy the breakout above 1.50 risking 1.35 (hence bigger range of risk). ⁣
There are many ways to trade. In some cases I would probably personally prefer the breakout rather than the dip but I know some who love DIP BUYING!⁣⁠ -B the Story


Breakouts ------ they're easy to do, they're easy to spot, you just have to practice them........ #PATTERN......  -B The Story

I don't like buying stocks that spike and then lose all of their gains. I would rather them spike and lose SOME OF THEIR GAINS, and then they just have to be within shooting distance of their highs... I don't look to buy just any random weak stocks no matter how much they have recently spiked.. -Tim sykes #PLAYS #PATTERNS #BREAKOUTS

FACTORS TO LOOK FOR WHEN CONSIDERING BUYING A STOCK
-- is the market uptrending or dipping? Is the tape losing steam or increasing in upside momentum?
-- is there a press release?
-- is there a clear breakout?
-- is it holding near it's highs (support levels)?
-- is there high volume?
-----a lot of trading is being patient, watching the stock play out on your screen, ... and then sniping it right at the right moment.... . . . When shorts come into play, that leads to a hard drop in the stock price. . . ..

I focus on listed stocks, buying breakouts, anything under $10....... i'm basically a breakout buyer....... it's essentially the same OTC strategy, just adopted for the listed stocks....... -Matt Monaco

For OTCs, you still have to pay commissions ($5 or so)........ but it's well worth it..... When you see the breakouts and multi-day runs these things go on. . . -Matt Monaco

Min 36:45 --------- great patterns Sykes touches on, for me to replicate also | [first green day OTC: former runner, nice intraday breakout, nice multi-week breakout] -------- https://youtu.be/K39L5Ay0g-0 ............

Min 26:30 ----- The breakout pattern is what this guy depended on (to make him profits)....... back then there would only be 2-3 clean breakouts a month...... nowadays (2021) there would be breakouts every day----- www.youtube.com/watch?v=DbH7UYNNY08 ......


Min 32:30 ------ BIG PIECE OF ADVICE: only trade and track OTC and listed breakouts..... save yourself the heartache and failures of other plays...... do not take days off, watch the market everyday, everything will become instinctual and you'll be able to take advantage ----- www.youtube.com/watch?v=DbH7UYNNY08 ........

Min 25:50 - end------- on the scanners Jackaroo uses ---------- I'm never there capturing the morning spike unless it's already setup (if a stock is ripping up, i'll look for a play after it's had it's run)---------- www.youtube.com/watch?v=G1lHUwugw-A ............ I wait for these OTC breakouts for days, man #Stalks with Patience -[JACKAROO]

Min 18 -------- have patience for breakouts, but scalp other trades ----------- Tim Grittani ----------- www.youtube.com/watch?v=9BqMy3hPVXU ..............

Min 42 ---------- WHEN STARTING AT THE BEGINNING OF MY JOURNEY, focus on MULTI DAY BREAKOUTS at the beginning of my trading journey to grow my account... follow by then learning DIP buys...... (Tim grittani advice)!.... GRITTANI INTERVIEW ---------- https://m.youtube.com/watch?v=mDrcRDcjRCw ....... #pattern

After a break out, don't chase... only buy back in (dip-buy), when there's a massive panic......... -tim sykes

The best spikes are multiple days (of breaking out), and it all leads to the biggest spike possible and that leads to the biggest crash possible..... -tim sykes

Min 39 - min 41:30 —— how to play dip buys and breakouts — Roland wolf ..........Roland Wolf --------- https://m.youtube.com/watch?v=XY76jXe-Fk4........

SYKES ON THE FIRST PATTERN THAT MADE HIM HUNDREDS OF THOUSANDS OF DOLLARS
Back in 1999 and 2000, i made roughly over $700,000 (as a freshman in college and senior in high school), I was buying pumps into the market close, selling the next morning........ that was it. i had one strategy....... i just recognized peny stocks breaking out to new highs, i would buy it into the close at 3:50, 3:55 PM, and then i would sell it the next morning at 9:31, maybe 9:33 AM, and I would make 5%, 10%, 20%..... I saw this pattern....... it worked again, and again, and again......... usually stocks that were breaking out to new highs (actively traded) ideally with a catalyst --- back then, when a stock added .COM to their corporate name, the stock would spike 20%, people would see the press release over night and the stock would spike another 20% or 30% or 40% on day 2, and then another 20% or 30% or 40% on day 3 or day 4......... that was my whole pattern...... and then it disappeared............ there were no more breakouts when the Nasdaq died in 2000.......... it was a desert (like the day the dinosaurs died)..... there was a giant meteor that hit my pattern and it was obliterated... it forced me to adapt........i LEARNED why were these penny stocks spiking... that was when the SEC started exposing boiler rooms -- the reason they would gap up was because boiler rooms were calling people in the evenings and were pitching them penny stock schemes --- i was pennybacking pumps.............I made my first million buying the pump, i made my second million shorting the dump....... -Tim Sykes

BE SURE TO TRACK THE DAYS (DAY 1, DAY 2, DAY 3, DAY 4, DAY 5, DAY 6, DAY 7, DAY 8, DAY 9) THAT THE STOCK HAD IT'S BREAKOUTS CONTINUALLY....... 

Min 37 --------- How to ensure a massive supernova spiker doesn't have many bagholders still in the stock (so it can keep spiking instead of selling off and tanking due to bagholders selling to break-even or minimize the amount of losses they're holding) -------- https://www.youtube.com/watch?v=zvs_8zF-i1E ..........

MORNING SPIKES ARE EASIER TO LEARN FROM THAN MORNING PANICS (DIP BUYS)
The disadvantage of morning panics (for a dip buy) is that they're very quick. . . I think it's actually easier for newbies to learn from morning spikes, especially when there's two or three legs --- as opposed to morning panics where it's usually just one big crash and one big bounce all inside of like 5 or 10 minutes. . . -Tim sykes

TO PLAY OTCs --- always be focusing on liquidity ------- high volume scanner..... billions of shares traded...... HIGH VOLUME BREAKOUTS

Min 39 - min 41 — (multi-day spikes that are the best to focus on).... (the one day spikes are what the majority of short-sellers focus on & where they make their quick money)... https://m.youtube.com/watch?v=eWGNS_lCxos .......


TIM DOES NOT TRY TO CATCH STOCKS BEFORE THEY SPIKE
I don't care about any stock(s) before they spike. . . that initial spike tells me that they have news , they have a catalyst, they're in play ...That initial spike usually leads to several hours, or several days.... sometimes even several weeks of spiking. -TIM SYKES

Min 3:40 -------- find stocks that are spiking a little bit already #PiggyBack ------- it's very difficult to find the moment a stock starts to spike -------- https://youtu.be/cx1GjgNMLTQ ..........

Min 14 - min 18 ------------- Min 20 --------- piece the knowledge and info (with SEC filings and the stock's movement) ----------- EXPLANATION OF SYKES BUYING A MORNING SPIKE BASED ON NEWS ------ https://youtu.be/cx1GjgNMLTQ ...........

When you have BUY-INs, it doesn't matter how crappy the company is, the shorts have to cover... they have to buy........... (the stock could spike big)...... -tim sykes

The stock market doesn't reward solid companies, especially during a bubble. . . When you have volume like this (as found in a bubble), this is not rewarding "solid companies". . . This is the rewarding of solid pumps. . . The promoters deserve some extra cocaine for their (successful efforts). . The stock spikes in reaction to promotions. . . i want the promoters to do their dirty work, because that creates giant spikes, and I just trade the giant spikes. . . -Tim sykes

When a stock that's pumped by promoters spikes high, that does NOT mean it's a solid company, it means it's a successful pump & the promoters deserve extra coke for their efforts....I want pumps to spike as high as possible. I banked going long on all those pumps, thx promoters!. . I didn't short-sell any of these. . .  -Tim sykes

[Morning spikes are where it's at. . . That's frankly how I'm doing so well this week. . . . I'm specifically going to be focused on morning spikes; morning panics just aren't doing it]. . . this is what trading is all about -- it's adapting. . . . If morning panics start working again, fantastic, i'll go back to morning panics. . . -Tim Sykes [circa Mar 23, 2021]

THE MORE VOLUME RESISTANCE THAT IS TRADED [I.E. heavy VOLUME candles located under previous/historic RESISTANCE levels] --- then the GREATER the PERCENTAGE your SHORT-SELLING PLAY WILL BE SUCCESSFUL..... the lower the volume resistance, when shorting, the lower your winning percentage becomes......... Take profits at around the 1/2 AREA OF THE SPIKE.... and do not hold shares overnight... -Dux

Min 4 --------- Min 8:30 - end -------- where to buy and set risk on BREAKOUT TRADES; how to enter on BREAKOUT trades ------- youtube.com/watch?v=EQfKc5j9G-E ........ #breakouts #entries #entry

KEY TAKEAWAY

Min 8:33 ------ fake breakdowns generally lead to the greatest BULLISH RUNS | fake breakouts setup for the biggest DUMPS ------ www.youtube.com/watch?v=lP8GTU-37po .... #breakouts #breakdowns

Trade the Stock, Not the Story
Knowing the story is just one step when looking at potential trades. You need to read PRs to make up your own mind.
A PR can spike a stock on pure hype. That’s not a bad thing. These can provide great opportunities for day trades.
And a company with real news can provide opportunities for longer-term trades.
But remember, in the market, anything can happen. A hyped-up trash stock can spike huge on a short squeeze. And even a big new contract can receive a muted response.
So build your theory and plan but wait for the market to react. Don’t try to force your expectations on the market. 

ON PROMOTERS PUMPING STOCKS
People think that the stock price (of a penny stock) is related to how good of a company it is. . . . NO NO NO NO NO!. . .The vast majority of these penny stocks will fail. . . The promoters like to blame short-sellers.. It is the promoters and the insiders who are selling into these run-ups. . . I'm so sick to death of these promoters saying, "never take a loss, just hold". . . they are trying to get people to hold their pumps (because otherwise their pumps would fall, it would be a house of cards collapsing). . . . . learn to sell into strength. . . you don't know how long the pump is going to last (unless you're in on the pumps). . . indeed, some of the worst companies CAN spike a lot. . but I'm so sick of these promoters trying to twist it, and say, "Look how much the stock is up, we're obviously a good company". . . it's my honor to cut through the BS and to teach honestly. . .  -Tim sykes

The bagholder "dream", in a stock that spikes recently, is to get back to break even. That's why you see these failed spikes over and over again. Because everytime it spikes back up (to prior support) the baggies start selling. . . . -Bohen


WHEN TO GET OUT OF A STOCK / TAKE PROFITS
- Last, don’t fall for a snoozefest stock — especially on the long side. If a stock spikes but then continues to consolidate sideways for hours with fading volume, that’s a huge red flag! This shows the momentum’s fading.
- If you don't have building volume and steadily uptrending price action … and if you haven't hit your goal … get out! ... You can always re-enter the breakout or come back the next day for either the dip and rip or VWAP-hold high-of-day break.

WHAT TIM SYKES FOCUSES ON
I always focus on BIG PERCENT GAINERS and recent Big % gainers. . . . . and the longer you do this, you start remembering big % gainers from a few days ago, from a few weeks ago, from a few months ago. . . Because if there is a big % gainer that spikes 5up again and again and again, I'm going to trade it again and again and again.. -Sykes

You'll realize that singles really do add up. . . ..I see a lot of similarities between the Bitcoin promoters and the pump-and-dump promoters. Both say, "you have to hold!". .  That is a lie. That is a blatant lie. . . It's not about holding on for dear life on any play. Especially for crypto. . . All of these plays, you just do not hold and hope (for it to spike back up). -Sykes

Every single penny stock, every single OTC stock that spikes big ---  you should never believe in these companies.. . Expect the worst of every company all the time, and you'll never be disappointed. I don't mean to be cynical, but this is what happens after you see this stuff for 20+ years. -Sykes

WHEN TO BUY A STOCK END OF DAY --- LATE DAY SQUEEZES
You have support getting higher and higher.... and there's resistance, it's getting a little higher too.... so you have higher highs, higher lows, and a potential for a MONSTER short squeeze... also how many days has it been spiking -- 4 days... so you're going to have buy-ins coming tomorrow and the next day (potentially)... With high volume as well..... This is an explosive situation... [past spikes]... [press releases]...... [risk reward is good]........ [finishing near it's highs]...... You have a lot of indicators, you gotta trust the indicators, they work time and again..... -Sykes

KEY TIP
If you're going to have these big pie in the sky moves, you're going to have some uptrends first. . . . You don't need to be first. . what I've learned is that the biggest percentage moves in the stocks that I trade, happen after they've already hit several technical scans (they're up 20%, 30% on the day with good news), and the biggest runners take several days, several weeks, several months to spike. . . #patterns -Tim Sykes

A stock can have only so many Float Rotations (only so many maximum number of times) before it drops back down in price. -[Dux commentary] #floatRotation #rotation

- In the stock market, history always repeats itself........ when a stock has so many failed spikes in its history, that's why the stock doesn't hold it's spikes very well (b/c people see it's history).......
- pre-market spikes seem to replace morning spikes after the market opens...... (if a stock spikes pre-market, it likely won't spike at market open).........

I don't like stocks that spike and then lose all of their gains. . . I would rather them spike and lose some of their gains, and then they just have to be within shooting distance of their highs....... they're potential re-buys if they can show better signs of bottoming and ideally some news to re-spike the stocks otherwise they're weak, weak, weak, weak, weak and i don't look to buy just any random weak stocks, no matter how much they have recently spiked.  Especially if they have news, I'm looking to see which ones can rebound. . . . -Sykes

AFTERNOON PLAY
Min 12:30 - 13:30 ------------ The more time a stock fails in spiking, but holds support, the more powerful of a spike it is when it shoots through resistance........ any stock that has multiple green days in a row, if they fail hard in the morning then you have to trade it in the afternoon (the morning panics that yank hard and then slowly trickle up during the day, if they start getting high volume, then they can shoot up big at the end of the day) --------- www.youtube.com/watch?v=RQFSsQvBMP4 ............. -Bohen

IF *NOT MUCH VOLUME* IS TRADED WHERE THE STOCK IS HEADING IN THE DIRECTION OF ITS RESISTANCE LEVEL, THAT TYPICALLY MEANS THAT RESISTANCE IS LIKELY TO BE BROKEN...... i.e. WHEN VOLUME COMES IN AT THE RESISTANCE LEVEL AREA, THEN THE STOCK WILL BREAK/SPIKE ABOVE RESISTANCE. -[dux commentary]

If the stock is trading less volume than it's previous day, then the stock is likely to fade/tank. -[dux commentary]

OTCs don't trade pre-market, so that creates a lack of volume until the orders are made during open market hours (then the volume spikes at the same time as the tape goes up)........ thus it's tough to predict OTC spikes solely based on VOLUME in pre-market (which doesn't exist)...........

GREAT TIPS ------- Min 13 ------ www.youtube.com/watch?v=bGWsGj0mkrU ........... The stock's that look the cleanest (within a few days period) and HOLD on their HIGHS, are the one's worth longing / buying into....... do not trade choppy stocks........ You want to be focusing on charts that are really clean....... when stock's can have morning spikes, and hold above VWAP all day, and when you get volume, and the stock holds with consolidation, this just super clean action which can lead into a spike the next day........ the stock should trend like an OTC: pop up, consolidate, pop up, close strong, sideways over VWAP, pop, sideways consolidation, holding the high, pop, holding...... stock's that can hold on consolidation then pop up --- these are the one's that work, these are the one's you need to be focusing on........... #Watchlist . . . . -Jackaroo

For supernova pattern plays -------------- watch ------------- """"Bootcamp Day 13: Penny Stock Patterns – Supernova"""" --------> https://members.timothysykes.com/login/ | Sn: saloul10@gmail.com | Pw: pduyygaj............

Min 3 --------------- I MUST::::::::::::::::::: draw a trendline for the PREMARKET HIGH.............. on every chart that i am considering trading.................................... Premarket High is a very important metric for Long traders, as it pretty much is a metric that traders like to look for; it just proves the fact that the stock can potentialy get some follow through when the stock's prices break out of it ---------- https://www.youtube.com/watch?v=ezI7rIEfNBw ......... #premarketHigh #indicators

SHORT-SQUEEZES = SUPERNOVAS
Full-on supernova moves are only possible with a squeeze. And you probably already realize that a squeeze is a buyer’s best friend but a short’s worst enemy. Short squeezes can grow in size when the right conditions exist. The most significant moves in the market happen when everyone’s on the wrong side of a trade. Most short sellers are right … in the long run. But when you forget the market and the players involved, it can set you up for disaster. I quit shorting years ago because the strategy stopped working for me. The trades are too crowded, and the squeezes keep coming.

I don't necessarily recommend chasing big run-ups (supernovas) but you can trade it for bounces (buying at key levels of support and resistance #sniping)...... -tim sykes

SUPERNOVA stocks have these characteristics
- UNDER $5
- LOW FLOAT
- HAS STRONG NEWS (CATALYST)
- A LOW AMOUNT OF SHARES OUTSTANDING (needs to be low, like 1 MILLION, or LESS THAN 1 MILLION)
- A HIGH SHORT FLOAT INTEREST (anything over 20%. . . .creating a short-squeeze, and thus supernovas)

SUPERNOVA Characteristics
- a hot sector
- a big % gain already (up 10,20,30%)
- a news catalyst
- low float
- good volume
_________________________________________________________________________________________________________
QUESTION: could you explain to me what you look for as an entry for a First Green Day?
MARIANA: down a few days, former runner, and see it hold green on the day with good volume and possibly news.
QUESTION: so its more about the daily candle, than where the stock bounces off of ?
MARIANA: like a combination of all, but the more down the better for the bounce, and also where previous support is
QUESTION: would you be in play only during FGD or it could also be potential swing if it holds?
MARIANA: could also turn into a swing if i think it has potential to bounce more

QUESTION: when looking for a First Green Day, I understand the importance of reviewing the stock's history and seeing how it typically moves, but i want to make sure I fully understand the criteria for an entry. I know you look for old resistance levels to become support for the bounce. So are your entries based on trend reversals around those levels (Aka higher lows)? Or are you trying to grab them as close to the support levels, risking previous day’s lows? Basically, are you waiting for the First Green Day to establish? Thank you
JACKAROO: Yeah, so basically I just wait for key levels to try and get the best price, and I use the history of the stock to see where the key levels might be. I take my position and like to see it start working in my direction and if not, I'll exit my position.

GREEN to RED ---------- If you know about two green days, usually the THIRD DAY is a red day. . .  [Min 9:30 — https://bit.ly/3uPoCjI]....... -Sykes

Always focus on MULTI-DAY RUNNER stocks... multi-day runners have something these fly-by-night stocks don’t … PROOF! ....
let me tell you a little secret … A stock can run for days but usually fails (only) once!
That’s a big reason why I don’t like the sketchy biotechs that pop on news.
I prefer stocks that show me over a series of days, if not weeks, that they want to move higher.
Many traders struggle to find these stocks for two reasons:
- Multi-day runners have news that dropped before the current trading day
- Traders miss the trend reversal

When you see TWO or THREE big green days on penny stocks, understanding that the odds dramatically flip on DAY THREE (to the odds favoring it being a RED DAY)......... day 3 odds of the stock going RED are huge.......For the first 2 green days, you gotta be long biased........... The vasty majority of times, day 3 is a RED DAY........... -Tim Sykes

A fourth green day for me is excessive... . . I don't even like chasing even three green days. . . -Tim Sykes

Min 14:45 -------- not holding a stock overnight on it's third green day........www.youtube.com/watch?v=GD0AOpksmw8 ............

I like buying FIRST GREEN DAY stocks....... the first green day is defined by a big percentage gain (20%, 30%, 50%, 100% on the day)... ideally with a news catalyst [good earnings] [they won a contract] [they're in a hot sector]........... I don't like buying so much on day 2 or day 3 because it's already gone up so much.... -SYKES

FIRST GREEN DAY breakout patterns ------------- www.youtube.com/watch?v=1oOcAMIFUMA...............
- New 52 week high
- Volume
- Introducing new product
- Good earnings
- Closing strong
- Sell into morning spike
- Sometimes you can sell before market open if goals are met

Categorize my statistics based on Grittani's Trading Tickers 1 (PART 1) DVD in it's last 4 minutes! how he does it there is exactly how i gotta track stats and summarize them then into categories into a separate stat sheet!
How to track GAPPERS / %GAIN DAY 1 statistics (onwards) ------------ categorize my statistics based on Grittani's Trading Tickers 1 (PART 1) DVD --------- Min 3:55:00 ..........................

Min 5 ------- don't try to find stocks before they spike..... you want it to spike first (when it has it's first GREEN DAY on some news, then i say "can it spike some more"....) --------- www.youtube.com/watch?v=gm5kZy2pLG8 .........

The best indicator for a second green day, is a FIRST GREEN DAY...... And usually big volume, big percent gain, anything with a catalyst. . . .......... so the stock really spiked. . you don't need to be there the second the stock spikes. . This is the easiest niche in the entire stock market. -Tim Sykes

Min 7 -------- look for GREEN DAYS (one, two, three continual green days), and INCREASING VOLUME on OTC stocks ------ If a stock holds half of it's spike, it'll likely spike up again ----- www.youtube.com/watch?v=n6VkslzWxSo ........

I always warn that 3rd green day patterns are tough......... -Sykes

WHEN TO BUY BREAKOUTS 

Here are the basics of the ‘breakout’ pattern I saw: 

• First the stock spikes and sets a HOD…

• Then it dips and consolidates below the HOD…

• The price then climbs back up to break out over the HOD. 

Boom. That’s it. It’s a pretty basic process. But you’ve gotta know when to buy or you’ll get scared out.

Stocks like to bounce between whole numbers. They’re called ‘psychologically significant’. That means whole numbers often act as both support and resistance.

In the chart above, you can see the price push through $3 but then slow down and bounce off of it to break out and climb higher.

The bounce off of $3 is the dip buy opportunity I saw. A quick 10% gain on a hot runner.

I would buy shares right above $3 and cut the loss if it breaks that level. So $3 is my theoretical risk.

I’d hope to take profits after a successful breakout — so anything above HOD works.

These are the kinds of plays I’m looking for.

Identifying winning patterns will keep your head above water.

Now, if you’re still trying to learn which setups and opportunities are right for you, then I encourage you to keep learning.

Try to have an open mind, the markets are constantly changing, which means you need to keep up if you want to advance. 

One way to do that is to study what other successful traders are doing.

Min 20 - Min 22 ----------- That's how stock's move, they move with momentum first...... Momentum is a big thing. The stronger the stock the better, which is counter-intuitive for many people but it's true (stocks that make the biggest moves are usually the ones that KEEP MAKING THE BIGGEST MOVES.. and I'm not talking about meme stocks or pump and dumps, but mid-cap and large-cap stocks; that's not really the type of stock's i swing trade (even though if i was still a day-trader i would trade them intraday b/c those are the ones that have the biggest intraday range)).......Buying breakouts and selling after Day 3 or Day 5 is how Qullamaggie trades breakouts typically (he will AT LEAST sell 20% - 30% of his shares by Day 3 or Day 5, depending on how strong/well the stock is still performing ---------- www.youtube.com/watch?v=K0F73Sq90j0 ........ #breakouts

Min 34:30 - Min 42 -------- how #QULLAMAGGIE buys his entries into stocks.... he buys everything at once and then scales out over time based on technical analysis...... he buys at opening range highs (on 1-min, 5-min, or 60-min candle; where it breaks out the highs of the day; and he uses the lows for the day for his stop loss level)... he buys literally as they breakout resulting in him getting STOPPED OUT constantly, but does many numerous re-entries once it hits his buy-entry level when the stock BREAKSOUT OF THE HIGHS OF THE DAY (even if you have to buy a bit higher; if he gets stopped out, he gets stopped out immediately; he doesn't overthink, he just gets out) ------- www.youtube.com/watch?v=K0F73Sq90j0 ........ 

Min 34 - min 38 --------- on paying attention to big sellers and big bidders on the Level 2, and reacting accordingly --- "if something makes me uncomfortable, it's going to make other traders uncomfortable, and the play [#breakout] might fail ---------- www.youtube.com/watch?v=mbH_mnm_ULQ ........ #DanIrish

****take half of your profits (when buying a stock that's up) at the stock's nearest RESISTANCE LEVEL; if it breaks out of RESISTANCE LEVEL, add to your position.... however, if the stock LOWERS FROM THE BREAKOUT-of-resistance-point BY MORE THAN 1/2 OF IT'S breakout SPIKE - then TAKE ALL PROFITS THERE (BEFORE IT DIPS BELOW HALF OF IT'S BREAKOUT SPIKE!)... -Dux

A breakout on low volume SHOWS LITTLE EMOTIONAL COMMITMENT TO A NEW TREND .. IT INDICATES THAT PRICES ARE LIKELY TO RETURN TO THEIR TRADING RANGE..

FALSE BREAKOUTS tend to have low volume.

snip✂️ Min 18:50 (afternoon breakout)-------- TAKE NOTES! Into my statistics 📊 Google sheets !--------- TT2 (trading tickers 2) ------- Chapter 3...............

A key function Grittani uses for the stats he tracks is CONDITIONAL FORMATTING ("OR Function") in Excel (google sheets)... (i.e. to see if an afternoon breakout is a good pattern to trade, he does the following with the data he's collected) : 

1. what was the HOD minus the breakout point divided by the breakout (decimal $ amount) -- this will tell me WHAT PERCENT IT RAN FROM BREAKOUT TO HOD... that number will be ideally 15% or 20%....

2. Then there is a function called CONDITIONAL FORMATTING, which can highlight the 15% or 20% occurrences amidst all of the data cells.... helping it to visually stand out, the ones that were successful (at a 15% / 20% occurrence)......

3. Then i will take other columns and sort them highest to lowest (i.e. market cap).... then i will look for clusters (ideally the best percentage runners of the breakout showing in the lower market cap, we'll say for this example... and fewer ones displaying (big % runners) at the higher market caps....

4. Then this will tell me to begin ignoring bigger market caps when playing afternoon breakouts, for instance... This has produced good results for me #Grittani -------- Min 22:15 --------- www.youtube.com/watch?v=5PP63Z2Bu-4&t=2s ......... [details: https://exceljet.net/conditional-formatting-formulas]

Min 15 — how to run www.scanz.com to setup alerts near breakouts ----------- TT2 (trading tickers 2) ------- Chapter 2 ...............

Heavy resistance and Heavy support levels do not crack unless there is slow grinding (toward their "said" direction) happening over a period of time (whereupon the Heavy volume will be absorbed/soaked up by that time, and the stock will be ready to breakout of the resistance/breakdown under support)... Additionally, if VOLUME FADES, the stock begins to come down automatically... How come 30m resistance broke 70m resistance? Because of slow-grinding. The only scenario that a stock can break heavy resistance with less resistance is by slow grinding... it's slowly grinding up to this resistance zone - you have to be really careful of shorting... don't short slow grinding stocks into resistance because it doesn't work that well... -[Dux]

Earnings Breakout:::::: you don't have to watch it as closely, but you have to expect choppiness... when you have a stock basing just above former highs, that's a very good sign that it's probably going to keep going.. especially if it has an earnings catalyst (you can trust earnings a lot more than a promotion).. 

Buy Technical Breakouts of earnings winners... don't discriminate if it's a small cap or large cap (they're all good to buy!)..... Trade them once they hit the %gainers list... Just play it by the price action... Do not check the earnings calendar for prospective earnings plays, because you're going to get emotionally attached. Trust me, I've been doing this a long time. -Tim Sykes

Take profits into spikes! -Grittani

Breakouts Remain a Great Risk/Reward Setup  ---  Breakouts were one of the first setups I made sure to learn when I first started trading. -Grittani

VWAP stands for volume weighted average price, it signals the short term sentiment of a stock whether it's bullish or bearish. When putting VWAP and 9 EMA together, this pair signals a strong breakout in both penny stocks and large caps. 9 EMA acts as potential entry once that breakout as occurred.

Min 26 ------ VWAP basically tells you where the average trader is in the position --------- it's a significant indicator that is used by Matt Monaco for signifying breakout potentiality ------- https://university.stockstotrade.com/webinar/small-cap-rockets-8-31-21/ ...........

TRADING BREAKOUTS {SWING TRADING BREAKOUTS}
If you study thousands of the biggest winning stocks over the past 100 years, they tend to move in stair-steps... Meaning they will make a 20-50% move, pull back, and go sideways for a while, and then make another move... KRISTJAN #QULLAMAGGIE uses the daily chart, initially (scanning for) a big move within the last 12-weeks ideally moving between 30-100%... the next step is to look for an orderly pull-back into consolidation (running for a time length between 2 weeks and 8 weeks... the consolidation is based above the 10 MA, which is higher than the 20 MA, which is additionally higher than the 50 MA (50 MA is at the bottom, 20 MA in the middle, 10 MA above both, with consolidation occurring above the 10 MA)...  
 ‣ KIRSTJAN's advice is to enter the long-trade as the stock starts to breakout of consolidation... QULLAMAGGIE says, "It's all about finding tight, high probability areas to enter, so you can have high risk/reward on your trades."
 ‣ He uses the LOW OF DAY (of the day he entered the stock on it's breakout out of consolidation) as the STOP LOSS (ensuring additionally that his STOP LOSS is surely never more than the average true range of consolidation (i.e. if the average true range of the consolidation phase is 5%, then the stop loss should never be greater than 5%... 
 ‣ KRISTJAN then recommends selling between 30% - 50% of his shares within 3-5 days after entering the trade, while then moving his STOP LOSS to BREAK-EVEN (the same price he ENTERED the trade at).....
 ‣ The remainder of the position should then have a TRAILING-STOP governed by the 10 MA or 20 MA, depending how the stock moves (so that if the stock is doing well each day, abiding by using the 20 MA as it's support level, then SELL THE REST OF THE POSITION on the initial day that a WHOLE RED CANDLE has formed underneath the 20 MA line..
KRISTJAN QULLAMAGGIE says, "I'm a swing trader, and use the daily chart to find these setups, but these setups also work on the weekly charts and the intraday charts."....... His ultimate aim is to achieve minimal risk with maximal reward (low risk, and the potential for high multiples of exponential reward)..... 
QULLAMAGGIE says, "It's all about making 5-20+ times your initial risk. You can be wildly profitable with having just a 25-30% win-rate. It's all about having small losses and big winners." ... 
It's fair to say KRISTJAN's primary focus is on money management, and the concept of risk/reward. The setups themselves are secondary, and not groundbreaking. In fact, KRISTJAN says, "a lot of great traders trade the same setups because they work, and have done for a hundred years."....... Fundamentally, trading is a numbers game; a game of odds. And the more that we can move the odds in our favor, the more margin of error we can absorb, and this is where risk/reward becomes the major factor... 
KRISTJAN suggests his win-rate is 30%, often coming in clusters (losing 1% of equity on losses, and winning 10% (thus, his losing 7 trades in a row means he's lost 7%, while him winning just 3 trades in a row equates to a 23% cumulative profit overall. Such an approach provides considerable margin for error (if he loses 9 trades in a row, and 1 winning trade, he still has an overall profit of 1%; thus even under performance CAN BE PROFITABLE; the key is keeping losses small and letting profitable trades run.......... A lower reward means that the margin for error is far less, albeit still profitable (losing 7 trades in a row at 1% of total equity, and profiting only 4% whilst winning 3 trades in a row still puts you at a +5% profit among the 10 trades; however the margin for error is less...... an improved RISK/REWARD ration allows for the accommodation of more losing trades.
KRISTJAN QULLAMAGGIE says, "My trading journal at times is mostly a sea of red and then there is a big winner here and there.".... This is what trading is all about. You can be wrong 8 out of 10 times, and still make money. It's all about risk/reward, and using a particular chart pattern to provide rationale for improved probability. [source: www.youtube.com/watch?v=WswZwmr2ebU].\
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PUMP AND DUMPS
When you have illiquid pumps, and you have buy-ins, and you have a short-squeeze, it's just difficult to guess the top of the tape (where the stock will reach)....  Buy-ins typically happen toward the end of the day...... You never know how far short-squeezes can go and it's very difficult to guess the top.......  -Sykes
Promoters are not paid by the company (to pump the stock)... they're paid by some third party... and in the disclaimer of the promotion, they say the third party can sell shares whenever they want.... -Sykes
There's always going to be opportunities.... because small companies have to hype themselves up, for TWO reasons:
1) The insiders are going to pump up the stock, and sell their shares at inflated prices.
2) They're going to pump up their stocks so they can raise a financing ,and they can pay themselves within inflated salaries for years while making it look like they're actually trying to build the company even though they're just milking the company for salary/bonuses/expenses.
The true pump and dump promotions, after they're done, go right back down to their lows (penny levels). . . .  Oft times, people believe that companies shoot up because they're sound companies. . it's the promoters. and I've given the promoters their props several times. . . (all you need is StocksToTrade breaking news to spot promos and other breaking news). . . -Tim sykes
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WHAT TO DO AFTER A THIRD GREEN DAY --- typically you need higher volume to break-out to newer highs... The higher the volume the better it is.... However, if the stock is over-extended, and to short into the stock, watch Min 3:42:00 of "Part 2 ORIGINAL" vid #DuxDVD...

Min 54:30 ----------- ideally how you want the personality of the pattern to play out --------- www.youtube.com/watch?v=vw7m9d65AB4 ...........

Along with tracking the FLOAT and the MARKET CAPS --------- note if there is SSR (short sale restrictions) ------------- SSR can help the stock SPIKE --- when the #SSR is on the ticker ON THE FIRST GREEN DAY, the ticker leans toward being BULLISH ................ -Dux

SSR (short-sale restrictions) only last for ONE trading day typically. The next day things are back to normal..... #SSR means that (a trader) can't execute short orders at the moment due to volatility.

DAY 2 MOVES
QUESTION: curious why ($_ _ _ _) isn't something you're playing today. Too wide of risk when it sets up?
BRYCE: I don't personally like day 2 moves
QUESTION: does the fact it had a big day 2 move make it less appealing for a day 3 move?
BRYCE: Yes, correct

Min 1 - min 2:30 --------- explaining in details the process of a chart's volatility movement ----------- www.youtube.com/watch?v=Ao0ppE5-T6Q ............. #KyleWilliams

must watch

• This Is the Training You Need to Spot Supernovas! -- www.youtube.com/watch?v=ewY1IQrvrbw .......
• How To Recognize A Supernova Play -- www.youtube.com/watch?v=kZFG3V_3ZkU .......
• 3 Times To Buy Crazy Supernovas -- www.youtube.com/watch?v=RoYtlEKdz_M .......
• https://www.youtube.com/watch?v=pd_u2AcsiYU ............
• Review my notes on Dux's DVD regarding "breakouts" ----- here.

HOW GRITTANI BUYS NASDAQ(LISTED) BREAKOUTS:

• A breakout is often marked by a dramatic increase in volume.
• FALSE BREAKOUTS tend to have light volume.
• A breakout on low volume SHOWS LITTLE EMOTIONAL COMMITMENT TO A NEW TREND ... IT INDICATES THAT PRICES ARE LIKELY TO RETURN TO THEIR TRADING RANGE...
• A true breakout should not be followed by a pullback into the range .. just as a rocket is not supposed to sink back to its launching pad.
• The best time to buy a breakout on a DAILY CHART is when the WEEKLY CHART suggests that a new uptrend is developing.

Identifying the Real Breakout

• A great trading tool for spotting real breakouts is the volume indicator. 
• Real breakouts happen during high trading volumes and volatility. 
• Fake breakouts have low volume and they look more like a range rather than a breakout. 
• For a breakout to the upside, you want the stock to close decisively outside of the triangle formation with a pickup in volume. 
• Breakouts to the downside also require a decisive price break of the formation, but the volume does not need to display a significant increase in activity. 
• If you notice a pickup in volume on a breakdown, odds are it is a false signal and the stock will likely reverse to the upside.

Min 40 - min 43 -------- A breakout is more of a marathon than a sprint.. they don't shoot up right away... OTC breakouts -- you need to set your risk beneath consolidation where the potential breakout level exists ------ www.youtube.com/watch?app=desktop&v=XY76jXe-Fk4 --------- #RolandWolf #BREAKOUTS

Market-makers like to wipe out the buyers in the morning (they can easily spike a stock with a huge bid if they need to).. it's good to buy early in a promotion.. it's not a bad thing to take small positions and get out quick on a promoted stock... understand the catalysts .. and risk levels.. just because shorts are available doesn't mean it's going to crash - it could be promoters trying to create a short squeeze by luring in the shorts....... #PROMOTERS #NEWS #HYPE #CATALYSTS #BREAKOUTS

Min 9 ------ don't buy right at market open, when the stock is shooting up #Don'tChase ----- instead, wait for the dips and buy then (10-25 minutes after market open!) -------- https://www.youtube.com/watch?v=cjc2yzqh9yw ...... #RolandWolf #BREAKOUTS

Min 9 - min 15 ---------- Don't chase the breakout -------- intra-day vs daily breakout --------- CHARACTERISTICS to look out for ---------- www.youtube.com/watch?v=4iE88A_O-R4 ............ #BREAKOUTS

Second :30 — how breakouts actually happen over time (they don’t shoot up right away, rather it’s a slow process)........Roland ------ https://m.youtube.com/watch?v=6zBm9LUeoyM........ #BREAKOUTS

Min 29 ----------- Grittani on multi-breakouts, how to play them------------ www.youtube.com/watch?v=mr9F5PADkV8&t=793s ............... #BREAKOUTS

Predicting breakouts ------- https://www.youtube.com/watch?v=QGoLN96KIDI ......... https://www.youtube.com/watch?v=7RbjGk9eNJU ......... #BREAKOUTS

Min 39:55 - Min 43 --------- The process of how BREAKOUTS work (the psychology behind it all) ------- Everyone is in the stock for the breakout -- the breakout POPS UP --- everyone sells for profit --- the stock goes back down --- all of the breakout buyers remaining then sell (that 90% lose) ---- then Roland comes in and buys the stock if it supports the breakout level (and that's kind of when the short's are covering when it isn't cracking; they cover their shares (they buy back in), and Roland rides the dip-buy momentum upwards) ------- www.youtube.com/watch?app=desktop&v=XY76jXe-Fk4 ....... [WHY BREAKOUTS ARE CHOPPY] #BREAKOUTS

Min 4 ---------- when a stock fails to breakout convincingly, cut your losses................. don't chase non-convincing breakouts ------------- www.youtube.com/watch?v=u85bZC7SK90 .......... #BREAKOUTS

If a breakout doesn't breakout convincingly, then i'm out... I can probably get back into it, but if it's not acting convincingly / how i want, then i get out... if it's having problems at a key resistance level, then i want to get out.. if it's going to breakout, it should breakout convincingly! -[Sykes commentary]

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My friends laughed at me when I said it. 'I don't mind cutting losses when I'm in the green" but my mindset was, yes it's going up but its not moving like I planned so I'm gonna get out before it does something else I don't expect. Top notch video, Tim! [42 likes]

https://twitter.com/ft__trading/status/1635053840243335170?s=46&t=_KchRKM1kOdJZPKOeyFViw ........

RISK /  REWARD
if I'm buying the stock at $3.80 and support is $3.40, my risk is 40 cents per share............. support doesn't change... ... risk is not wherever you decide it is. It is support! ............ when a stock drops quickly, you just need to learn to act quicker, and react (cut your losses quick)..... -[Sykes commentary]

HOW TO SET RISK FOR BREAKOUT PLAYS
I need to set my RISK level at where consolidation holds (so as to give the break-out enough room to let itself "break out" (in other words, do not set my risk level at the breakout level price --- set it below at where consolidation happens so that I'm giving the "break out" potential enough room to breathe and vroom (upwards). . .  -Roland Wolf .... #BREAKOUTS

Breakouts fail when the markets are slower... -Tuohey #BREAKOUTS <------------ALWAYS CHECK $spy TO SEE HOW THE MARKET IS PERFORMING ON THE DAY AS A WHOLE!

Min 1:04:00 -------- trading long setups in NASDAQ is difficult --- gather data and try to find an edge ------ #Grittani #Triforce ---------- https://youtu.be/Tzt50aJ9LF8 ........ #PLAYS #PATTERNS

Min 22 ------ wait for breakouts to pull back after the surge, (and consolidate), then enter a bit later with a greater risk reward and safer play ------ www.youtube.com/watch?v=yZLA7zaTBPY .......... #KyleWilliams #DanIrish    #BREAKOUTS  

Min 7 ------ on FDA plays --------- "i don't play them at all" -Grittani -------------- "very speculative / risky" -Sykes ----------- www.youtube.com/watch?v=9BqMy3hPVXU ............  #BREAKOUTS

Min 41:20 ------- where to set my STOP LOSS on the BREAKOUT pattern ----------- https://youtu.be/XY76jXe-Fk4 ........... #breakouts #rolandWolf

ACTION---------Set your technical screens (scanners) to pick-up big VOLUME spikes........ #ForFindingBREAKOUTplays -Sykes #BREAKOUTS

Min 5:15 - min 10 ---------- For the afternoon VWAP hold pattern ------ if it is a LOW FLOAT stock , do not hold it overnight.......... DO NOT HOLD LOW-FLOATERS OVERNIGHT -------- www.youtube.com/watch?v=wHD1kgk1G0o ......... #Bohen

- do not trade the "afternoon VWAP hold" pattern if it breaks support levels at around 2 pm and fades downward.

Min 17:45 --------- Min 20:30 -------- how to know if a breakout is going to happen or not --- what is the small cap market doing / condition like? ------ www.youtube.com/watch?v=cjc2yzqh9yw ... #RolandWolf   #BREAKOUTS #RISKMANAGEMENT

VIEW MY NOTES I TOOK OF DUX'S TRADING TECHNIQUES DVD --- it covers breakout patterns like "the pre-market breakout" and "multi-day/week/month/year" breakout patterns... #BREAKOUTS

Breakouts have the highest potential upside among trade setups. -Mason Fecht #BREAKOUTS

Is it a BREAKOUT? Multi-month and multi-week breakouts happen more often... Multi-year and multi-day breakouts happen less..... [The longer the timeframe of the b/o, the more convincing the breakout... (ex. a year-breakout level is more powerful and has much more momentum to spike than a week-breakout)]. -Dux ... Don't just buy a stock with solid news, you need a technical breakout to accompany the news. -Sykes #BREAKOUTS

🔑 a key when buying breakouts is to: buy right above WHOLE DOLLAR HALF DOLLAR LEVELS.... because this is then when the stock accelerates with upward momentum (when it is breaking out to "new" highs and/or above what would be termed psychological resistance levels (per human nature and whim)).

Multi-day runners: traders should focus on. These are stocks that hold up for multiple days and offer more than one opportunity to trade them. -Bohen

Min 1:50 ----------- LOOK AND ANALYZE MY WATCHLIST THE WAY BOHEN'S METHODOLOGY FOLLOWS HERE --------- www.youtube.com/watch?v=WcQuRO1-9Pc ............. #plays #patterns #multiDayBreakouts

A Smaller market cap (under 100M) is better for multi-day breakouts... the higher the market cap is (especially when it reaches 500m+), the more difficult it is for the stock to go up — first 3 mins — https://m.youtube.com/watch?v=9j7GfvSDAXE ......... #Dux

Min 40:30 —  WOW   — how I can potentially make $10,000,000 off of just ONE TRADE (in OTCs), is by catching them early and holding until it spikes huge — https://m.youtube.com/watch?v=cj4X2fgAuHk ….. #otcs #supernovas

In the breakout pattern, look for big spikers that hold their gains throughout the day, close near their highs, then hold up over the next few consecutive days. Looks at the consolidation period as the stock takes a rest between runs. It’s like anyone who goes for runs — you need a break between marathons. So does a stock. And that consolidation or rest can set it up for a bigger secondary run. On the other hand, if a stock tries to run for too many days in a row, it often loses steam as it becomes over-extended (#shorting). There are lots of gappers every day. But a lot fail. So cut those off your watchlist quickly. find stocks holding near their highs. buy strength.... #breakouts #mattmonaco

If you see a stock close high (in the afternoon) on it's first or second or third day, after a bearish morning panic holding support, it's likely to gap up the next day. -Dux

Min 32 ------- Grittani's patience with BREAKOUTS is usually TWO DAYS | he has NO PATIENCE when his risk is breached ---------- www.youtube.com/watch?v=LcH2C5YgCQE .......... #grittani #BREAKOUTS

Min 5:45 ------- Min 47 --------- stocks that have news released on Friday are great for you to buy and hold over the weekend, and sell into the spike on Monday (buy on Day 1, sell on Day 2 when it spikes again) ------ www.youtube.com/watch?v=CEKAxRfYGCE ....... #sykes

-SCALE-OUT: profit-taking is a must to be taken partially in chunks! There is no advantage in taking profits in one single exit; partial profit-taking always has an advantage in the edge. But trader should do it with limit orders.

 
Min 6:30 — on breakouts— https://m.youtube.com/watch?v=vuYMxs3ZvMU ......... #huddie
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My first go-to pattern when I was starting was breakouts. . . The longer the timeframe of the breakout goes the more convicted I am taking that breakout. . A 52-week breakout is better than an intraday breakout... . . .-[Tuohey commentary]
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MIN 17:50 --------- how to play breakouts, and make bank --------- www.youtube.com/watch?v=8TlC2DlIKLs ........... Jackaroo dropping gems on how he makes bank............
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A high of day break (of resistance) on no volume means a continuation is unlikely. . . -[Tuohey commentary]
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QUESTION: You sometimes talk about a stock breaking-out on high volume, or falling on fading volume. What do you mean by that?
MICHAEL GOODE: What matters in these cases (momentum stocks) is not the actual volume but the volume relative to the stock’s average volume. If a stock breaks-out to new highs on volume that is over twice its normal volume, that is usually indicative that the stock will go higher. Conversely, if a stock is up big and its daily volume starts fading it may fall as all the momentum buyers will sell the stock. #BREAK-OUTS
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I try to not chase stocks. That means…
- I stay away from breakout plays for overextended daily charts
- And I won’t buy while a stock’s breaking out
It’s just not worth it. To stay in the game you have to learn to focus on the best possible plays.
The best course of action is to wait for a pullback. Then buy above an obvious point of resistance like at a double bottom.
The most difficult part is watching a stock break out when you’re not in it. Get used to the feeling. There will always be plays you miss. That’s part of trading.
I’m just trying to take the meat of the move. I don’t need to buy the bottom or sell the top. And I know there will always be profits I miss out on. So if I miss a play here and there, it’s OK. That’s trading.
Just make sure you use every opportunity as a learning experience. As long as you grow your knowledge account, it’s not a waste. #breakouts
 
 

 
Morning spikes occur more on Fridays...... Spikes occur more on Fridays because short-sellers are scared on Fridays....... they don't want to hold positions on Fridays... They’d rather exit positions so that they don't have to think about what could happen over the weekend...
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BUY PATTERN------ (supernova), But if it has a morning spike,,, it's up-trending near that morning spike,,, it has volume,,, and it's 50% off the highs,,  this fits every single pattern that I love....   -tim sykes
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#3 The Supernova ---------- starts at Minute 13:25 -------- PSFW Part Deux – Part 2 ---------- https://members.timothysykes.com/lessons/psfw-part-deux-part-2 ............
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Let’s say $5 a share is the key breakout level. I might put my limit at $5.05 or $5.10 just in case. I think if I’m going to buy a stock at $5, I think that it can go to $5.50, maybe even $6 a share. So I don’t mind if I pay an extra few cents a share as long as I get the order.             -Tim Sykes
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Sometimes I even exit a trade when I’m up if the stock isn’t breaking out fast enough. That’s how strict I am. I really would really just be careful. 
Be careful. The market makers are going to try to screw you. The brokers are going to try to screw you. If you expect the worst out of everybody, you’re never disappointed.
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QUESTION: Now, you can manipulate these candles a little bit by changing the time frames. For you, what are the two most important time frames?
ANSWER: I always look at one-minute charts. But I’m also looking at a daily chart and the two-day chart. I like looking at one-month, six-month, and one-year charts. I want breakouts ideally on all different levels. The more breakouts, the better because different traders respect different time frames. 
 
I like looking at stocks when they’re breaking previous highs.       -Tim Sykes
 
Key Point: Use Charts in Multiple Time Frames ========= Tim likes looking at a variety of charts — one-day, two-day, one-month, six-month, one-year. Looking at multiple time frames can give you more information about a stock and what kind of patterns have applied in the past. For example, looking at a breakout in multiple time frames makes it more clear. Is it an intraday breakout only? Or is it a multi-day, multi-month, or even multi-year breakout?
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If a stock is breaking out I want the Level 2 to be strong. I want there to be a lot of bidders. I don’t want there to be a lot of asks. If there are some big sellers I want the bidders to kind of chew through the ask.
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What I often say is that: sometimes when a stock can’t break out it’s because there’s a wall of sellers.
 
EXAMPLE
Let’s say $23.63 was an important point on the chart — in this example it doesn’t really matter — but let’s just say in a hypothetical example, $23.63 is the three-month high…
If there are 10,000 shares trying to be sold there and there’s no budging, it’s like the wall that will never break versus if it’s a three-month high and it’s gradually getting chewed through. If it goes $23.63, then $23.64, $23.70, that’s a technical breakout.
I like to buy breakouts, but I want the chart to be a breakout. I want the Level 2 to be a breakout, and I want it to be convincing.
Sometimes you just get a breakout by a penny or two, and then look at this. We have sellers in the red at $23.64, $23.65, more sellers at $23.65. And it looks like actually a pretty big seller of 1,405 shares at $23.65 in the yellow.
Every single penny, there are sellers higher. The best breakouts, the best stocks, when they break through a key level, they just can really explode and you don’t really have to worry about sellers every penny higher.
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And then if I’m trying to sell, again, it’s why am I selling? Is the stock failing to break out? And if it’s a fake-out breakout, I need to get out before other people realize that it’s a fake-out. Like I said, I’m going to give it a little padding.
So if I was trying to sell this stock at $23.40, I might put my sell order at $23.35.
If the FBI is raiding their headquarters — which is possible because a lot of these penny stocks are pretty sketchy — I don’t care whether I get out at $23.40 or $23.35.
I might put my limit at $23 if there’s breaking news that’s really bad, and I just want to get out before other people see it.
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QUESTION: For you, moving averages, RSI, MACD … they’re just meaningless? You don’t care about them?
ANSWER: I’ve heard of them. I like to laugh at them. I know traders believe in them, so I respect that other traders believe them, because then it can become a self-fulfilling prophecy. 
            For example, I like 52-week breakouts, because it’s not just about the news. Sometimes it’s just a technical breakout.
            When a stock breaks a 52-week high, that gets other traders interested because it pops up on their screens. Right?
 
 
Key Point: When it Comes to Technical Indicators, Tim Keeps It Simple ========= There are a lot of different indicators out there, but Tim doesn’t look at most of them. Instead, he keeps it simple by focusing on big percent gainers. He also uses basic support and resistance levels. One example is a 52-week breakout because technical breakouts get other traders interested. 
 
QUESTION: what is necessarily support and resistance like when it comes to this breakout?
ANSWER: Whether it’s $3.45 or $3.50, if a stock is going to break out big, it should break out convincingly. It shouldn’t just go to $3.51 or $3.52. 
            A lot of these stocks tease breakouts, but they actually turn out to be fake-outs. 
            In an ideal world, you get a technical breakout over a few weeks. You get an intraday breakout, ideally a morning spike with news and big volume. I like multiple indicators in my favor before I risk my hard-earned money.
 
Key Point: Support and Resistance Levels Help Determine Entry and Exit Points ========= Support and resistance levels — key levels the stock has previously tested — are worth evaluating to determine appropriate entry and exit points for a trade.
 
 
BREAKOUTS
I wouldn’t chase it now, even though technically it’s a breakout, but it’s had three big green days, really two big green days in a row. I don’t like buying on a third green day. I like buying the first green day over a previous breakout. 
That’s not to say that a breakout is going to fail on day two or day three. I just don’t like it. I prefer day one breakout. 
So in a perfect world, you get a breakout over the previous highs with one big green candle, and then most likely it’s going to create a second green candle.
 
QUESTION: Just to sum up here before we close out for the day, what gets you interested in a stock?
ANSWER: Good news. Good chart. Good breakout. Good volume. Good price action. After doing this now for 20+ years, I have my favorite patterns. 
            So I just want the stocks to come to me. I’m not the one who’s like, “Oh, I need to trade. I have a final tomorrow. Let me be a degenerate gambler.” 
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BONUS Question: What does ‘resistance becomes support’ mean?
            * Key resistance levels often become support levels after a breakout.
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I go in with a very specific plan. If I’m buying a breakout, I want a convincing breakout. If I’m dip buying a morning panic, I want that bounce right off the morning panic. If I’m shorting a first red day, I want the second day to be red too. 
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FIND A BREAKOUT
First, find today’s biggest percent gainers. Filter the scan for stocks priced between 25 cents and $5 per share with a trading volume of at least 100,000 shares. Use StocksToTrade if possible. Look at the two-day charts with one-minute candles. (or, intraday, 1-minute candle, 6:1 risk/reward scenario).
Find a stock where resistance becomes support on the chart and then the stock moves higher. Use the drawing tools to place support/resistance lines on the chart.
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QUESTION: All right, Tim. We’ve started going over some of the patterns. A really common one that I think is easy for a lot of people to see is the multi-day breakout. How do these stocks come across your radar? And when you find one, what are you looking for?
ANSWER: I’m looking for big percent gainers already on the day, whether they’re up 15% or 40%. Then I’m looking to see which ones have legs. 
The beautiful thing with these low-priced stocks is that they can spike 50% to 100% in a day, sometimes even 200% or 300% lately, which is crazy … Or 200%, 300%, 500% over a few days as more people see the news and see what’s spiking the stocks. 
 
Key Point: Look For Stocks That Are Already Up ============ Tim doesn’t try to anticipate what stocks could spike. He looks at what’s already up that day, then tries to determine if there’s still room to go higher. With multi-day breakouts, the stock is usually on his radar from the previous move. He sees where the technical breakout could happen by checking the chart in different time frames.  
 
This is what I love, the breakout over the previous highs. Huge volume, in a hot sector, with a technical breakout, and it already got up to the $2.70s. So you make nearly 75% of your money on the same day, just recognizing the technical breakout, recognizing the hot sector. And whether you hold for $1 a share or … I know some students who bought it at $1.60 or $1.65. They sold it at $2 a share and they’re still making 15% to 25% on their money, same day.* And that’s why I kind of rip on mutual funds and long-term investments — they’re trying to make that over the course of a year.
You probably could have even made a few hundred thousand dollars. But you’re not going to make millions in a day. 
You’re not going to make tens of millions or billions, which is what Wall Street focuses on. So this is the opportunity. If you have a small account of a few thousand dollars or $10,000 or $20,000, these are the kinds of opportunities that you should be focusing on. 
 
Simple technical breakouts, in a hot sector … we’re in a hot market. It doesn’t always work. This stock could have failed to break out at $1.60. But when it breaks out … Pull up an intraday chart and you can see how quickly once it broke $1.60 it went to $2.70 by days’ end at the high.
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In any market where there’s a hot sector. Right now it’s coronavirus. So I’m looking at all mask companies, all vaccine plays, anything that’s spiked recently in the past few days or weeks, and trying to see if it can respike. Because former runners can become runners again. 
I bought this the other day, on the day that CVS and UPS announced the agreement. And I was thinking, “Wow, this is huge for drone delivery.” And the stock spiked a little bit. I made a few hundred dollars, but not very much. I was frankly disappointed. I was like, maybe it’s all priced in. 
Two days later, two days afterward, now it finally takes off with the technical breakout and the huge volume. So with penny stocks, it’s not always logical. The good news is not always priced in, in real time. And this is what’s also different than blue chips and most stocks on Wall Street.
If Apple, Google, or Facebook announces good news, it’s priced in within seconds, if not five minutes max. Here, the good news with CVS and UPS, two big brands joining together for drone delivery, which will benefit UAVS. And this stock doesn’t really spike that much until two days later. 
That should show you the window of opportunity. This is why I don’t use hot keys. You didn’t have to be fast with this. 
 
Key Point: You Don’t Have to Be First ======== The fact that penny stocks are largely ignored by the media means that you don’t have to be the first in on the action. It takes a little longer for the world to notice. That means you have more time to get into a trade than you might with a larger stock like Google that gets a lot of media attention. 
 
On a stock that’s already up from 25 cents, that’s not convincing enough, and now the breakout is starting to fail. So I don’t like buying breakouts on stocks that have already risen 10, 20 times. Eventually, they’re going to stop being so good because the stock has already run too much. This is the thing … You need to see a convincing breakout.
 
Key Point: Be Aware of Recent Price Action, Topping, and Second Green Day Breakout Attempts. ======== As Tim cautions, it’s “very tough to buy a breakout on day two” — it may be the wisest course of action to wait until next time. At the very least, be prepared for a failed breakout. The VXRT example Tim analyzed in the video is an example of a weak breakout that eventually failed. Also, know recent price action. How far has the stock come up during the entire run?  
 
Key Point: Pay Attention to Different Indicators ======== As Tim advises, just noticing that a stock has the potential to breakout isn’t enough. He considers the catalyst, the sector, and other indicators. 
 
Very tough to buy a breakout on day two. And that’s exactly what happened when it finally succeeded in breaking $3.50. Go over a little bit a few more days. 
And day two, day three of any of these big movers, you have less odds of success.
I like stocks that breakout on day one. A lot of people are seeing it for the first time — the big green candle, the big breakout. Afterward, you kind of wasted some of the bullets. There’s just not as much firepower, and this did, again, break out. 
So keep in mind where the stock had come from over the past few weeks and months. And recognize day two, day three run-ups have a lower probability of success than a first green day, day one breakout.
 
Key Point: Pay Attention to Different Indicators ========== As Tim advises, just noticing that a stock has the potential to breakout isn’t enough. He considers the catalyst, the sector, and other indicators. 
 
QUESTION: Do you find that OTC or listed stocks have a better chance of breaking out? Which one do you prefer?
ANSWER: It depends … What is the news? What is the catalyst? What is the sector? I like good solid setups. If I had my choice, I would choose an OTC stock, breaking out on day one, with some amazing press release. . . Let’s say it broke out gradually. That’s another thing. Is the stock going up gradually? Or has it just gone straight, hockey sticking, going supernova, and losing most of its chance to go further supernova? So I don’t want the stock to go up too fast or too much because then there’s greater risk, especially holding overnight. 
Sometimes a stock is breaking out and I plan on holding overnight, but it just goes up so much before the close, I sell before the close. Because why risk it overnight when you can have financing news or the market could tumble? Anything can happen. And if your target is already achieved, there’s no reason to hold overnight. So you have to judge each play individually.
And being aware of the market conditions, as you were saying, and knowing which stocks are more likely to break out than others.
 
Right now as we’re filming this, the coronavirus market has been going on for several weeks. It’s kind of late for a lot of these coronavirus spikers that are already up 10 times. There’s not much higher they can go. Sure, they might surprise you. But very rarely do these penny stocks ever just keep going up without any resistance whatsoever. Versus if this was the first breakout … 
 
 
Look for Stocks That Are Already Up
You get this by now, right? I don’t waste time trying to anticipate or guess. My focus is always on big percent gainers. Whether it’s yesterday’s top percent gainers or today’s hottest stock, it’s where I look first. With multi-day breakouts specifically, there are a couple of things to remember…  
            * First, you’re looking for recent runners that have pulled back or consolidated. Then, for some reason, the stock starts to run again. It might be a new catalyst or an informational inefficiency. The breakout is when the stock convincingly breaks the previous multi-day high. 
            * Second, to find a multi-day breakout, you need to know the recent high. That means you need to look at stock charts in more than one time frame. Like you’ve been practicing in your daily assignments.  
For multi-day breakouts, you might check the five-day, 10-day, and 15-day charts. Note: there could be key resistance going further back. This lesson focuses on multi-day breakouts. But it’s good to check for multi-week and multi-month resistance levels, too. 
Most importantly… Don’t Anticipate, React
 
 
You Don’t Have to Be First
If a penny stock spikes with big volume and a solid catalyst but stalls, keep it on your watchlist for a while. How long? Several days or even weeks. That’s not to say it will run again. But it has the potential. If you’re paying attention, you can prepare for if/when the breakout happens. 
Sometimes breakouts are like self-fulfilling prophecies. Your job is to be there when then the frenzy happens. As always, if the breakout fails … follow rule #1: cut losses quickly. 
 
Former Runners Can Run Again
Traders remember former runners. This is one of the reasons I constantly tell students to study the past. Wherever you are on your trading journey, study former runners. Get to know when and why they’ve run. 
And … when a stock runs today, tomorrow, or the next day … see if it’s run in the past. If it has, it can run again. Even if it hasn’t, keep it on a watchlist for a while. It could run with big volume and the right news.  
Beware of former one-day spikers. If a stock has a history of one-day spikes, it’s more likely that price action will repeat next time. That doesn’t mean it can’t break out. But you should adjust your risk based on the stock’s history of failing. 
Remember, your goal is to narrow your search down to only the best plays. 
 
Finally, remember that a first green day breakout is much more convincing than a second green day. Especially if the stock is already up a lot from its recent lows. It’s almost like the stock becomes top heavy. Many second green day breakout attempts fail. Not all … but it lowers the chance of success. 

I'm more likely to buy morning spikes, on Fridays......-Sykes

Morning spikes occur more on Fridays...... Spikes occur more on Fridays because short-sellers are scared on Fridays....... they don't want to hold positions on Fridays.. they'd rather exit positions so that they don't have to think about what could happen over the weekend...

SPIKABILITY DVD --------- Min 40 — buying stocks on FRIDAYS #fridays — Sykes loves buying stocks on Fridays 

 
 
Pay Attention to Different Indicators
Just because a stock looks ready to break out doesn’t mean you should trade it. 
            What’s the catalyst? Is it an upcoming news play — where the company announces an investor call for two days’ time? Or is the stock hitting 52-week highs on solid earnings and a big contract? Whatever it is, identify it. 
            What’s the sector? Is it hot? Are there sympathy plays galore?  
            What’s the volume and float? 
            Does it have a history of failed spikes? 
            How fast is it spiking? 
            What day of the week is it? How about the time of day? 
If those questions seem like a lot, keep studying. There aren’t that many indicators — I look at seven. The news catalyst is one of the seven. The pattern — a breakout in this case — is another. Price action goes with pattern, etc. 
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How do you identify a multi day breakout?  
            * A stock breaking through previous multi day highs. Often it’s a recent runner that has pulled back, then starts to trend up again. Finally, it breaks through multi day resistance.
 
How are breakouts like self-fulfilling prophecies? 
            * Traders watch for key levels. Oftentimes, they’ll buy a stock just below or at the breakout level. When enough traders do it the breakout becomes a self-fulfilling prophecy.
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First green day breakouts are more reliable than second green day breakouts. 
            * True: second green day breakouts fail more often. Especially if the stock is already up a lot from its recent lows.
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Look at the chart in different time frames. When you looked at multi-day breakouts, you identified key resistance levels. Now look at the charts and identify the following… 

Min 11 -------- www.youtube.com/watch?v=QpQ_2VurqW0&t=1s ............. #sykes

Remember what you learned about breakouts. The breakout happens when a stock convincingly breaks through meaningful resistance, right? First red day breakdowns are usually the opposite of that. 
The stock breaks through meaningful support. First, it’s the green to red move (i.e., the stock price drops below the previous days’ closing price). Then some significant support level where the stock consolidated on the run up. Or maybe it’s a big round number like dropping through $1. 
Shorts love it when it happens. As stop losses get taken out, it creates a tsunami of sellers. But be aware that sometimes the catalyst is real and the stock is up for good reasons.   
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* * * My first million, I was just buying penny stock breakouts. Then there were no more penny stock breakouts in 2000, 2001, 2002. I was forced to learn short selling. So I shorted the failed breakouts, same exact pattern, different parts along the way.
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There are a lot of stocks that are breaking out midday around 11 a.m., 12 p.m., 1 p.m. Eastern. By and large, they’re usually going to fail. 
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If I buy a stock at let’s say $2, and it’s breaking out, I could buy a few thousand shares usually. And the goal is to sell it at, like, $2.50 and make 50 cents a share, make a few thousand dollars.*
I’m always watching after hours winners.
 
I’m not a big fan of shipping, tankers, or oil plays. This is, to its credit, a nice chart breakout above $5 here. Actually probably should have been long, going into this first green day with the breakout. 
 
 
This one is a multi-week breakout, but it’s also had three green days in a row. And they pre-announced that there would be good news today. They pre-announced that there was going to be a conference call and usually the pre-announcements lead to overexcitement. And then when the conference call or the press release actually happens, it’s usually a time to sell off. 
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QUESTION: what's a good stop loss? 
ANSWER: I don't use percentage stop losses..... i use the chart........... I am stopping out if it fails support.......... i'm not stopping out if it drops a specific percentage........... i talk about breaking support, and failed breakouts........... I don't think a percentage methodology is effective........ use the chart to guide you through the trade.............. 
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Price action is the fire............ but volume is the gasoline that you dump on the fire........... and that's what creates the big moves.............. you add news, you add volume, and you add a chart breakout ------ you get a stock that can really really grow your account.......... -Tim Bohen
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STRATEGY ------------ Unusual volume brings unusual price action.................Low float stocks with news breaking through key levels that previous day's highs.......... all these things......... it repeats and repeats and repeats............... you might have to wait a day or two........ but they will come back............ Now, if the stock drops (which it might) ---- the stock is up 300% in two days,   if it drops, it's not a buy......... you're not looking to dip buy these things........... you're looking for strong stocks.......... Otherwise, (if it falls apart) there's no trade........... You're not looking to buy into that fading action........ don't try and buy weak stocks............. you want to buy when everyone wants in and when everyone wants in is at 2 pm, on the high volume spike........  -Tim Bohen
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SETUPS ------- i think you should focus on 2-3 patterns max. .. you should really trade the minimal amount of setups (if that's a late-day breakout / breakdown, or an earnings winner breaking out to 52-week highs) --- track your setups ... see what works for you. . . -Bohen
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BREAKOUTS and BREAKDOWNS --------- What if a stock breaks below a key level that it's been holding for support --- for instance it's never broken below $1 a share ---- a $1 a share is actually very important b/c the exchange that it's on sometimes requires it be over a $1/share or more (like the Nasdaq) ----- when it breaks to $.99 or $.98 cents, now that is a break-down a key technical level --- it can get de-listed from the exchange, it can bring in more short-sellers....... you don't want to be in stocks that break below core levels......... when i like to short-sell, i look for that support crack, and that would tell me that there is some more potential downside......... breakouts often lead to higher prices, breakdowns lead to lower prices -- more times than not...... -Tim Sykes
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CATALYST ---------- any kind of information that can move a stock......... i don't like just trading technical moves. . . ideally, i want the technical breakout to be in conjuction with a news catalyst. . . . . usually when a stock breaks above a key level, with bigger volume, with news, that gets on a whole lot of traders' radars and that can create a self-fulfilling prophecy of even further breaking out (traders on social media share these press releases, etc, which leads to more spiking). . . . 
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For me, i know my patterns....... I want clear break-outs over recent highs (1-week, intraday, 1 month, 1-year, 2-year, 5-year breakouts)....... the more time-frames the better........   --it will pop up on a bunch of traders' technical scans... and most traders like to buy breakouts..... and then they might buy it,,, and the whole trader mob might buy it, and that's what creates this spiking fulfilling prophesy...
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I don't want to buy Random Patterns or at Random Prices. EVERY trade I do should be based off a breakout, a dip at/near support resistance levels..... The chart has to have a breakout or breakdown for me to be interesting in playing it...... -----and if the breakout or breakdown doesn't continue properly, that's when i cut losses quickly
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Sometimes the news does not lead to a successful breakout.. And no news can lead to a successful breakout..... sometimes the breakout itself (in the chart) can become the news!
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Look for those early morning spikes..Look for HIGH-OF-THE-DAY BREAKOUTS..STOCKS BREAKING 1 YR,  2 YR HIGHS i look for!
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To be a failed morning spiker and just barely hold the break-out........It's very bad for a morning spiker to fail to hold the spike......
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I'm always interested in spikers that might have follow-up legs...... <--checking the past history of the chart with the resistance/support levels!
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There's absolutely nothing i want to do with a stock, as long as it's under resistance levels......it's gonna take news, volume (for it to breakout).
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I have a lot of charts. . . I'm a chart guy. . . . I want a technical break-out. . . . the greater the volume the better. . . I want consolidation and then a technical break-out. . . When you start seeing more and more people talking about the stock (on the message board), -Tim Sykes
 
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QUESTION: What is a breakout? Is it intra-day breakout, is it daily?
ANSWER: Ideally you buy on intra-day breakout ------ ideally you buy at 2:30 - 3 pm ET. . . and it closes strong. . . I like big round numbers (like when a stock breaks through $.50 cents . . . . If you buy at 44 cents and it breaks 50 cents, that's a powerful price push, with a power volume push, with a strong technical break-out -- the next day it gaps up to $.60 and it goes up to $.70 cents. . . 
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CD 4 of PENNYSTOCK FRAMEWORK DVD ------           min 3:10:50 ---------- what to look for for breakouts
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Cd 5 of pennystock framework dvd -----      min 12:30 ---- intraday breakout -- hype in the morning --- then chill out during lunch time
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WHEN TO BUY PENNY STOCKS
Strategy----Breaking out to new highs on strong volume (Technical Breakout)--------------- Just a basic technical breakout....... I will buy them if they're breaking out on strong volume on hype, on whatever...... There's money to be made on the way up.
Strategy----Breaking out due to spam mailers and emails being sent (Manipulative Breakout)--------------- sending out newsletters, spam... it is what it is... you don't have to be against manipulation, you just have to understand what's going on.
Strategy----Breaking out due to message board chatter/newsletter/Analyst recommendations (Hype Breakout)----------- companies get hyped up. Message board chatter is complete crap. They're trying to influence you... On hype breakouts, my hand is on the SELL button even quicker.
Strategy----Breaking out due to panicking shorts/margin calls/forced buying (Squeeze Breakout)--------------- I will be QUICK to buy-to-cover here as well...... Short-sellers, they don't necessarily want to buy the stock, but they're getting squeezed - they have to buy their losses. Stocks get squeezed... And they can actually go up faster... But then the squeeze (stock going up) can also retrace (and can down-trend just as quickly).
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Strategy------PAY ATTENTION TO message board hype on stocks breaking out to new highs at market close hours (between 3 - 4:30 pm) <-------great opportunities to buy a stock gapping upwards into market close....... (you hold your shares overnight and sell next morning!)
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Insight------You have to use former highs, as a starting off point for BREAKOUTS.............. -sykes
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Insight------You WANT to buy when you see it breaking out above the range.... When your shorting you want to see it break below a range...
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Wisdom---------Boring breakouts... i just don't care man... winning 10 cents a share is boring......... you need to know what not to trade........ breakouts with red are fake-outs that scare me out of a trade...... winning 20 cents a share --- not worth my time....... -tim sykes
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HOW TO BUY A BREAKOUT CHART PATTERN
Strategy---------Never try and anticipate a break-out....... I buy into a breakout pattern, only after the breakout occurs........ Breakouts are not always perfect, but can surge multiple days.......... if it's a top or a fake-out breakout, I'M OUT......... i might buy back in when the price action is more confirmed, but ideally i would want to buy into stocks that just keep surging (so i'm right from the very beginning)... the price action is almost too easy..... not choppy/messy.... few if any fake-outs....... ... perfect breakouts do happen every once in a while--- the good news is i know when i'm wrong within a day...... -tim sykes
Insight-------These whole numbers ($2, $3, $5) are major resistant zones and major support zones on the downside (if a stock is going down)...
Insight-------Look for the volume spike during breakouts --- that leads to a big-time spike upwards.......the volume spikes means there's going to be a lot of buyers........... I wouldn't short right into an increase in volume...... -tim sykes
VOLUME SPIKES ON BREAKOUTS
Volume spikes are key, because you want a lot of buyers.... you know there's going to be sellers... you know there's going to be a lot of sellers at the top of the range because a lot of sellers don't think it's going to break the range,, so they're going to say "i'm getting out. i'll get back in when it comes back down". .....i wouldn't try and short-sell at a top.... i would try and short-sell when there's fading,,,, or when there's technical support failing (on the downside)......... -sykes
__________________________________________________________________________________________________________________
To learn more about BREAKOUT PATTERNS ------- watch (Disc 3) ---- the first 20 minutes............... https://profit.ly/dvd/watch/6/1#
__________________________________________________________________________________________________________________
HOW BREAKOUTS PLAY OUT
•Use various charting software/time-frames..................you have to use various charting time-frames... ideally i want to buy breakouts when a stock is breaking out 1-day, intra-day, 2-day, 5-day, 1-week, 1-month, 2-months, 6-months, 1-year, all-time..... if a stock reaches a certain point where it breaks a point that has never been broken before (like a rocket shooting through a glass ceiling) -- it gets attention (good attention).........
Insight------Get comfortable at re-entering at higher prices/steep inclines........ the breakouts sometimes continue for a very long time........ you really have to anticipate the various possibilities/patterns ahead of time (based on historical price action, historical trends) - you can ideally speculate...
Insight------Understand/anticipate various possibilities........... a good stock would be when it's breaking due to hype, or manipulation, or a technical breakout (IDEALLY ALL THREE!)..... IF YOU HAVE that hype and manipulation - that automatically brings short-sellers (who say, "no this spike shouldn't be happening, let me short")....
•
•Biggest upward moves are the result of short squeezes: look for morning/intra-day spikes.................. the way the stock goes higher is when the short-sellers get squeezed out of their positions (making the stock go higher from momentum buyers, and a whole rush to push higher) --- it happens very often in the MORNING, because short-sellers use stop-losses also (so if a stock goes higher, the shorts use a stop loss, the stop-losses gets triggered, it keeps going higher --- momentum buyers pile on.......)
Buy on the breakout, sell on the break downs ... It's not that easy, nothing's easy... remember, 90% of traders lose money..... and 90% of guru's are full of crap........... -tim sykes
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WISDOM---------You see the first morning spike, and then the second one........This is how the stock created it's huge gains...........I'm not crazy in saying that the short-sellers are responsible for these huge spikes.... of course the short-sellers are responsible..... Who's going to buy a stock that goes from $5 to $50..........??? It's shorts covering...... -sykes    <------THE REASON WHY STOCKS SPIKE (AT TIMES)
A morning spike (gap up) --- shorts are getting squeezed...... then it takes a few days and it crashes down..... -tim sykes
You have the volume spike, you have the stock spike (break-out),,, you have to buy it... you have to take advantage of the short's covering (and pushing the stock up higher)....... -tim sykes
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Insight------You don't trade a stock in it's (messy) consolidation phase... you wait for a breakout....... Cup and Handle chart patterns are prevalent and great to trade in penny stocks...... The first spike then leads to a dip (the cup) and then the second spike comes from a second breakout and then dips back down (forming the handle of the cup)............ master penny stock traders will buy the break-out.....see when it's about to roll over (fade downwards) and short..... so they make money both ways (going long, and shorting the stock)........ -tim sykes
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When a cup-and-handle happens, it should breakout big, except when it's not meant to be....... -tim sykes
 
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Insight | Wisdom------Understand the un-scalability of this niche......... all of these variables in this DVD (penny stocking part deux) can allow you to trade with great probabilities....... I can make 100k to 200k with these little breakouts in a year, no problem......... but i'm tired of risking all of my money, and i'm making more money teaching than i could trading..... that doesn't mean that this strategy doesn't work or that I'm a fraud...... If you're willing to cut losses quickly, i don't see how this DVD or any of my education will not be paid for in one or two trades you make....... There's a lot of variables, a lot of subtleties, a lot of different patterns and a lot of different players --- once you understand them all, it comes back to cutting losses quickly........ but all this stuff, if you look at trading, and how much you can make with part-time trading through solid odds,,,,, I don't think trading should be full-time..... A lot of full-time traders are whacked out of their minds ---- their marriages suck, they make too much money, they drink too much, they all have problems....)...Anybody who devotes their entire life to watching a little screen with numbers going up and down is a freaking addict..... trading IS addictive... and you have to be careful, because if you see this addiction kind of taking over your life, where your day is only good if you have profits, you have to step back, and say "whoa, wait a minute! there's more to life than just money....". there's so much more..... I've definitely made a lot of money, I've definitely enjoyed life when I've had money........ but I've never been that rich.... $2million is nice, but in NYC? c'mon... $2M gets you into the club but not much more... right now I have a 500 sq ft apartment, i'm paying $3,500 per month in rent...... sounds ridiculous, huh.... welcome to NYC real estate...... It's a decked out place; i have an awesome rooftop, a sun terrace, they also have a concierge (which is good - I'm a busy guy, i have no time for anything), etc.........
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I like to buy breakouts at ROUND NUMBERS; ($2, $3, $5, etc.).. -Sykes  #BREAKOUTS
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If you want to buy a supernova, you want to buy the breakout OVER PREVIOUS HIGHS, and you want it to be a convincing break-out (it spikes up fast, a monster breakout). -Sykes  #BREAKOUTS
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If you focus on buying these breakouts on HOT STOCKS, that have VOLUME, and CATALYSTS --- you will do pretty damn well.. -Sykes #BREAKOUTS
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Every single stock (no matter if it trades intra-day, or 1-day, or 1-week, or 1-month, or 1-year) creates these 7-step framework patterns..... #1 Pre/Early Ramp is just kind of sideways consolidation... #2 The Ramp is the technical breakout where it's gotten above a key-level that it hasn't reached recently [#2 tells me that the stock is now in play].... And if there's a catalyst, if there's news, then that's a GOOD SIGN... -Sykes
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TRADING TICKERS 1
Min 2:41:00 (2 hours) ------- LONGING multiday BREAKOUTS (OTCs) ------------------- TRADING TICKERS 1 --- Part 2 --------- https://members.timothysykes.com/lessons/trading-tickers-1-part-2 ........
Min 6:24:00 (2 hours) ------- 
Min 6:24:00 (2 hours) ------- LONGING major daily BREAKOUTS (Nasdaq/listed) ---- TRADING TICKERS 1 --- Part 2 --------- https://members.timothysykes.com/lessons/trading-tickers-1-part-2 ........
Chapter 6: How to properly handle missed breakouts, the importance of being patient and sitting tight while allowing a breakout to develop
Min 17 -------- The OTC Breakouts chapter in Trading Tickers 1 ----------- Monaco's favorite -------- he's watched it 20, 30 times ---------- www.youtube.com/watch?v=jfy6_gcp2Ao ....... 
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Min 18 ------ Roland Wolf on buying breakouts and risk management when playing breakouts ---- Trading Tickers really helped him understand a better method for risk mgmt when buying breakouts ----- www.youtube.com/watch?v=cjc2yzqh9yw ........!!!!!!!
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Min 14 ------------ on TRADING TICKERS still having relevant patterns (ones that don't work so much: new promo releases (chapter 5) | listed(Nasdaq) stock breakouts are still kind of hit or miss.......GRITTANI tips ----- https://youtu.be/Vz0aoeT5bmA ..........
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Min 2:41:00 ---------- HOW TO TRADE OTCs ! ----------- Part 2 ---------- Trading Tickers 1 ----------- https://members.timothysykes.com/lessons/trading-tickers-1-part-2/ .......... having red days during breakouts (consolidation b/w breakouts) is good and helps reset the chart ---- and this can lead to another breakout fa sho..... consolidation is a good think for incurring a subsequent breakout.......... in reality, these breakouts take a couple to a few days to run...... when you buy a breakout, you have to sit through the grinds, the consolidations, the pullbacks --- that's the hardest part of buying OTC breakouts comes into play ------ you have to go with a plan of what part of the move you want to capture ---- Grittani is out of the plays early and sells into strength (always try to sell into strength)  ------ trying to fill into strength on an OTC is not easy, so waiting for dips to fill your position is an idea (yet some of these dips maybe dip below the breakout level; that dip doesn't scare grittani out however)...  #OTCs
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Min 2:44:00 --------- a key to buying OTC breakouts ------------ keep the big picture in mind ------- TRADING TICKERS 1 --------- Part 2 --------- do not chase breakouts #dangerous ------ OTC breakouts can CRASH FAST AND HARD --------- When it comes to longing an OTC overnight, i don't really want to be in that large (only about 1/2 or 2/3rd) due to potential halts, etc. (so, Grittani will sell some shares prior to market close, incrementally, to downsize his position; he likes to lock in some profits and take a little bit of his risk off the table) --------  https://members.timothysykes.com/lessons/trading-tickers-1-part-2/ ....... #BREAKOUTS

 
Trading tickers 2
Min 6 (3 mins) --------------------- (Nasdaq/listed) BREAKOUTS --------------------------------------------------------- Trading Tickers 2 -- Chapter 4.................

Min 00:00:01 (1.5 hrs) ------------- AFTERNOON BREAKOUT [pattern] ------ Min 2:20 - Min 13 (afternoon breakout criteria) ----- Min 13 (how to play the Breakout) ----- Trading Tickers 2 – Chapter 8.....

Min 1:15:30 - Min 1:45:00 -------- DATA TRACKING AFTERNOON BREAKOUTS ---------- how to optimize AFTERNOON BREAKOUT spreadsheet for evaluation— TT2 — Chapter 3..........

Min 15 — how to run www.scanz.com to setup alerts near breakouts ----------- TT2 (trading tickers 2) ------- Chapter 2 ...............

snip✂️ Min 18:50 (afternoon breakout)-------- TAKE NOTES! Into my statistics ? Google sheets !--------- TT2 (trading tickers 2) ------- Chapter 3...............


Min 54:40 --------- what Grittani tracks usually is always ENTRY POINT(market close if shorting is something you need to track | OR FOR AFTERNOON BREAKOUT (the breakout point is something you must track)... the stock's High and/or Low AFTER the entry point is another thing Grittani usually tracks....... if long, track: how much did it dip after entry? if I'm shorting, track: how much did it spike after? .. also tracking what is the largest draw-down i might have to sit through before that max profit level could be achieved ---------- CHAPTER 3 ------- TRADING TICKERS 2 ----------- https://members.timothysykes.com/lessons/trading-tickers-2-chapter-3/ .............

Min 1:01:45 — of either TT2 ---- Chapter 3 —— TRACKING AFTERNOON BREAKOUTS SPECIFICALLY! — and how to CALCULATE ALL SORTS OF DYNAMICS!!!!!!!!!!! Grittani gives formulas and ways of doing everything! ——Take notes on calculating the percent gain potential I have in a afternoon breakout setup! SETUP MY AFTERNOON BREAKOUTS SPREADSHEET JUST AS GRITTANI HAS HIS SETUP HERE....
 
AFTERNOON BREAKOUT DATA TRACKING --------- Min 1:15:30 — MIN 1:45:00 — how to optimize AFTERNOON BREAKOUT spreadsheet for evaluation— TT2 — Chapter 3......

Min 2:40 (2 mins) -------- OTC multiday Breakouts ----------- Trading Tickers 2 -- Chapter 4.......

Min 6 (3 mins) ------- (Nasdaq/listed) BREAKOUTS ---------------- Trading Tickers 2 -- Chapter 4........

Min 00:00:01 (1.5 hrs) --------- AFTERNOON BREAKOUT [pattern] ---------- Min 2:20 - Min 13 (afternoon breakout criteria) -------- Min 13 (how to play the Breakout) ----- Trading Tickers 2 – Chapter 8.....

Min 2:40 (2 mins) -------------- OTC multiday Breakouts ----------- Trading Tickers 2 -- Chapter 4.......

Min 1:01:00 ------------ TRACKING AFTERNOON BREAKOUTS ------------ how to CALCULATE ALL SORTS OF DYNAMICS!!!!!!!!!!! Formulas | %gain potentials | etc. ------- TT2 — Chapter 3.......

 
·         MULTI-MONTH / MULTI-WEEKLY BREAKOUTS happens anytime during the day. ---------- starts at Min 1:12:40 in "Part 2" of Trading Techniques DVD.... Min 1:20:00 of "Part 2 ORIGINAL" vid.... TRACKING STATS: Min 48:40 AND Min 1:12:00 of "Part 4" vid...
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Buying an afternoon breakout is not as good as buying a morning breakout (typically in the morning, it's spiking based on emotional buyers creating momentum); but typically in the afternoon, most people are emotional with the potential short-squeeze happening so there is more hesitancy.  For the afternoon breakout i size in a little bit smaller than I do for the morning breakout.. -Dux
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********take half of your profits when it reaches the nearest RESISTANCE LEVEL; if it breaks out of RESISTANCE LEVEL, add to your position............ however, if the stock LOWERS FROM THE BREAKOUT-of-resistance-point BY MORE THAN 1/2 OF IT'S breakout SPIKE - then TAKE ALL PROFITS THERE (BEFORE IT DIPS BELOW HALF OF IT'S BREAKOUT SPIKE!)... -Dux
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COPY THE MULTI-DAY/WEEK/MONTH BREAKOUT SECTION OF DUX’S DVD from all of the notes and charts I have here ------ https://qintarcapital.com/trading-techniques.php ......
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When there is 100m resistance, you can hold your short-sell position a little bit longer (because it will be impossible for that 100m resistance volume to have a breakout above it)... -Dux commentary [Min 1:30:40 of PART 4]
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If you're not sure if the stock will breakout or fake-out, you have to wait until the stock consolidates. When a stock ends up being a fake-out, it typically drops another 20%-30% because most traders are trying to get out... -Dux
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When a stock breaks above resistance and instantly drops below resistance again, that is a bearish signal... so don't try to hold and hope. -Dux
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TAKING PROFITS --------- When the stock drops under 50% of it's own spike, that typically where I will cover. Typically i want to cover half of my position around the 1/2 SPIKE'S DROPPING area. [....] If the stock breaks/dips below it's 1/2 spike area, then that is considered a BEARISH factor... -Dux
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If a stock breaks out and suddenly fails instantly - that's a fake out and that traps a lot of longs. Shorting in a double-top is a good odds. -Dux
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It is impossible for a stock to break-out of a 100m resistance level (thus a great shorting opportunity to short into if there is 100m resistance level on a stock)... Especially when individual resistance exists. The volume will represent how many BAGHOLDERS are in the stock at those points of individual resistance where there is heavy volume resistance. -[Dux commentary] .... Min 3:28:00 of Part 2 ORIGINAL vid....
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VOLUME RESISTANCE LEVELS
5M = light resistance | 20M = Mid resistance | 30M = Large resistance | 40M = Heavy resistance
 * The heavier the individual resistance is, the harder it is for it to break...and the percentage to short into that resistance is better. -Dux
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WHAT TO DO AFTER A THIRD GREEN DAY --- typically you need higher volume to break-out to newer highs... The higher the volume the better it is.... However, if the stock is over-extended, and to short into the stock, watch Min 3:42:00 of "Part 2 ORIGINAL" vid ........ –Dux [source: trading techniques DVD]
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Heavy resistance and Heavy support levels do not crack unless there is slow grinding (toward their "said" direction) happening over a period of time (whereupon the Heavy volume will be absorbed/soaked up by that time, and the stock will be ready to breakout of the resistance/breakdown under support)... Additionally, if VOLUME FADES, the stock begins to come down automatically... How come 30m resistance broke 70m resistance? Because of slow-grinding. The only scenario that a stock can break heavy resistance with less resistance is by slow grinding... it's slowly grinding up to this resistance zone - you have to be really careful of shorting... don't short slow grinding stocks into resistance because it doesn't work that well... -[Dux]
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SPIKEABILITY PART 2 OF DVD
Min 1:33:30…… buying afternoon breakouts on volume — you have to buy! .......
Min 1:03:00 —— Where to enter into a position, when buying BREAKOUTS……
Min 21 --------- how Sykes wins 75% of the time.............. he plays multi-day running breakouts..........
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PART 3 OF spikeability dvd
Min 49 — min 53 —— how to buy breakouts — CONSIDER BUYING ITS DIP SO THAT WHEN IT RETESTS BREAKOUT RESISTANCE LEVELS, you can profit off of the dip buying play at its support level therein 
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Min 2:06:30 ---------- You don't want to buy stocks that breakout in the middle of the day (around 12 pm or 1 pm) because many times they are fakeouts. The better time to buy is in the afternoon. Buy stocks instead that breakout in the mornings and in the afternoons after 2 pm, on increasing volume. -Sykes #breakouts
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Min 49 — min 53 —— how to buy breakouts — CONSIDER BUYING ITS DIP SO THAT WHEN IT RETESTS BREAKOUT RESISTANCE LEVELS, you can profit off of the dip buying play at its support level therein 
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Min 1:59:00 ---------- how to buy breakouts............ #breakouts
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The long-term charts (i.e. one-year chart) is where you’ll find patterns like [breakouts].
 
When technical levels break to the upside, greed kicks in. Everyone wants to ride the stock’s upside move. That’s why I love stocks near 52-week highs and recent IPOs that make new highs.
On the other hand, if a stock goes from green to red or technical support breaks — traders get scared. They sell first and ask questions later. 
Look for stocks with a catalyst. Then use key emotional levels to make a trading plan, including your entries, exits, and stops.  
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·         I want to buy afternoon breakouts for stocks that are already up STRONGLY on the day. Also, if the stock is up 10%+ already, that means there is volatility. I'm not interested in stocks that will break out and only move a couple percent at most because they have no intraday range
·         Method: I use a market scanner to find stocks that meet this criteria
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·         I don't want to buy an afternoon breakout if there's a major resistance level nearby that could stuff it
·         Method: Look at a daily chart - see if there are any significant overhead levels nearby
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It's very important to note that just because the above criteria are what I use, that doesn't mean it's the "right" way. You could have different ideas of what you're looking for. For example, maybe you want to track breakouts after 1:00 EST. That's absolutely fine! Track what is right for YOU from setup to setup; you can always adjust as you go.    ~~grittani

Technical levels are what make red-to-green moves and breakouts so powerful. 

 
HOW TO BUY A BREAKOUT CHART PATTERN
Strategy---------Never try and anticipate a break-out....... I buy into a breakout pattern, only after the breakout occurs........ Breakouts are not always perfect, but can surge multiple days.......... if it's a top or a fake-out breakout, I'M OUT......... i might buy back in when the price action is more confirmed, but ideally i would want to buy into stocks that just keep surging (so i'm right from the very beginning)... the price action is almost too easy..... not choppy/messy.... few if any fake-outs....... ... perfect breakouts do happen every once in a while--- the good news is i know when i'm wrong within a day...... -tim sykes
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#Play Breakouts after They Surge As They Consolidate Into Potential ReSpikes Again. . -[Matt Monaco commentary] 
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• I’ll usually lock in some profits on the breakout, just in case the stock is a fakeout breakout. Then I’ll continue to sell bits here and there as it climbs.
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Heavy resistance and Heavy support levels do not crack unless there is slow grinding (toward their "said" direction) happening over a period of time (whereupon the Heavy volume will be absorbed/soaked up by that time, and the stock will be ready to breakout of the resistance/breakdown under support)... Additionally, if VOLUME FADES, the stock begins to come down automatically... How come 30m resistance broke 70m resistance? Because of slow-grinding. The only scenario that a stock can break heavy resistance with less resistance is by slow grinding... it's slowly grinding up to this resistance zone - you have to be really careful of shorting... don't short slow grinding stocks into resistance because it doesn't work that well... -[Dux]
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Min 24 - min 28 --------- a thinly traded stock can reverse on you quickly and panic drop 20%, 30%, 40%....... so avoid trading stocks with low liquidity and volume....... volume speaks for itself; when a stock gets significant volume it can breakout exponentially, especially if it is a hot sector [#SectorMomentum] ........... pay attention to stocks that have IDEAL VOLUME (1Million+) | are FORMER RUNNERs | are in a HOT SECTOR ...... it all comes down to VOLUME, you need to have the VOLUME come in (for the stock to make big moves, especially if LOW FLOAT).......... www.youtube.com/watch?v=_tBzo2TGJq0 ........ #croock .... #PLAYS
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Min 36 ---------- if a lot of volume is traded in the morning or on the day, then take into consideration to not be FAKED OUT when a significantly low (yet seemingly high) amnt of shares show up on the Ask as the stock is about to breakout ----- that shouldn't cause too much disruption in the stock's breaking out relative to the volume ratio that's been trading already! -------- www.youtube.com/watch?v=mbH_mnm_ULQ ...... <-----------A GREAT INSIGHT AND ADVICE TO ADHERE TO AND NOTICE WHILE I'M TRADING ANY GIVEN STOCK .... in fact, i may want to calculate the size share amount that might scare the living hell out of me on LEVEL 2 (in relative comparison to the amount of volume that was traded ALL THROUGHOUT INTRADAY FOR INSTANCE (b/c soaking/absorbing can keep the stock up still, in that regard).... 
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Min 14 -------- The [15-day / 15-minute] chart is what JACKAROO uses a lot........ The [15-day / 15-minute] chart really shows you the key SUPPORT, and the BREAKOUT, and the VOLUME increase ---------- www.youtube.com/watch?v=65P3sgZLk1Y .............. #Transcribe this
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A breakout on low volume SHOWS LITTLE EMOTIONAL COMMITMENT TO A NEW TREND .. IT INDICATES THAT PRICES ARE LIKELY TO RETURN TO THEIR TRADING RANGE..
FALSE BREAKOUTS tend to have low volume.
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·         A breakout is often marked by a dramatic increase in volume.
·         FALSE BREAKOUTS tend to have light volume.
·         A breakout on low volume SHOWS LITTLE EMOTIONAL COMMITMENT TO A NEW TREND ... IT INDICATES THAT PRICES ARE LIKELY TO RETURN TO THEIR TRADING RANGE...
·         A true breakout should not be followed by a pullback into the range .. just as a rocket is not supposed to sink back to its launching pad.
·         The best time to buy a breakout on a DAILY CHART is when the WEEKLY CHART suggests that a new uptrend is developing.
 
Identifying the Real Breakout
·         A great trading tool for spotting real breakouts is the volume indicator. 
·         Real breakouts happen during high trading volumes and volatility. 
·         Fake breakouts have low volume and they look more like a range rather than a breakout. 
·         For a breakout to the upside, you want the stock to close decisively outside of the triangle formation with a pickup in volume. 
·         Breakouts to the downside also require a decisive price break of the formation, but the volume does not need to display a significant increase in activity. 
·         If you notice a pickup in volume on a breakdown, odds are it is a false signal and the stock will likely reverse to the upside.
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• OTC breakout ---- (it would've spiked a week ago or two ago, it consolidates for a couple of days or a couple of weeks, it then has a PR or something that gets it to then breakout).. OTC breakouts are so awesome because they usually trend for TWO or THREE days... So Monaco likes to swing it for a day or two (especially buying it in the afternoon, so then you can swing it for that gap-up)..
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• Afternoon breakouts with VWAP involved (when the stock holds VWAP into the afternoon) -- a breakout like this on a listed stock is also incredible.. This pattern is also known as  the "ABCD pattern"; referenced in Grittani's Trading Tickers 2 DVD as the afternoon breakout pattern.. Monaco says he usually doesn't swing this pattern as much unless there's some crazy sector momentum which comes and goes depending on market conditions...
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News catalyst  +  breakout  +  high volume = high odds of success... -Sykes #PLAYS
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I stick to earnings winners.... i stick to contract winners.... i stick to shorting pump and dumps.... Sometimes I do technical breakouts and reversals.... - Tim Sykes (2014)     #PLAYS
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HOW TO TRADE AT MARKET OPEN
Min 8 --------- "trade your strategy.. how is the stock moving based on your specific strategy? you will know when to enter and exit based on your profit target and stop loss levels" -Superman...... "i usually wait 15 minutes, just to see what happens" -TriForce...... "i rarely enter a new trade right at the market open; if you're buying the breakout, they can end very quickly, it's tough for me; most of the time i'm closing a short-position overnight into a morning panic at the open" -Sykes....... i should not be trading right at the market open (9:30 am) --------- www.youtube.com/watch?v=Yue7xvNfY6E ........... I barely ever really enter in a new trade right at the open... buying a breakout can end very quickly... or it can spike up very quickly at the open if there's a news catalyst...usually when you see me trading at the market open, I'm closing a position (I'm closing an overnight short ideally into a morning panic) or (I'm selling a long ideally into a gap up)........ #Sykes #Superman #TriForce        #PLAYS 
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For how to control my losses-------- bridge the gap between SELL AT A KEY TECHNICAL LEVEL     and    7% cutting of loss........        this means i will buy when the stock moves upwards with momentum breakouts (or is about to breakout),  and i will sell once i read the tape stalling........
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A key function Grittani uses for the stats he tracks is CONDITIONAL FORMATTING ("OR Function") in Excel (google sheets)... (i.e. to see if an afternoon breakout is a good pattern to trade, he does the following with the data he's collected) : 

1.       what was the HOD minus the breakout point divided by the breakout (decimal $ amount) -- this will tell me WHAT PERCENT IT RAN FROM BREAKOUT TO HOD... that number will be ideally 15% or 20%....

2.       Then there is a function called CONDITIONAL FORMATTING, which can highlight the 15% or 20% occurrences amidst all of the data cells.... helping it to visually stand out, the ones that were successful (at a 15% / 20% occurrence)......

3.       Then i will take other columns and sort them highest to lowest (i.e. market cap).... then i will look for clusters (ideally the best percentage runners of the breakout showing in the lower market cap, we'll say for this example... and fewer ones displaying (big % runners) at the higher market caps....

4.       Then this will tell me to begin ignoring bigger market caps when playing afternoon breakouts, for instance... This has produced good results for me #Grittani -------- Min 22:15 --------- www.youtube.com/watch?v=5PP63Z2Bu-4&t=2s ......... [details: https://exceljet.net/conditional-formatting-formulas]

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For accounts between $5k - $10k --- I'd be mostly looking at breakouts... that's how i grew my small account.... but again, everybody's going to be a little different... Follow your own comfort... -Grittani
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Promotion Breakout::::: if you are going to buy a stock trending on promotion, you must watch it closely, because you just can't trust promoters, and they can dump it in the morning, midday, whenever... and you gotta cut losses quickly because a promoted stock can drop 50-70%...
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STRATEGY:::::::::::I always like adding on a Friday when a stock is high...because that leads me to believe there is enough momentum to push it through on Monday... Even if somehow some article didn't come out, at worst, the stock is still going to have momentum based on a technical breakout....I normally like buying 3 pm, 3:30 pm.....you're betting on the news traveling over the weekend.....-Tim Sykes
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When the stock goes crazy, that's when you really want to trade.....when there's pandemonium going on... if you say: ok i've seen this pattern from watching Tim's DVD lessons, then eventually you'll start to see the openings and the patterns......you can buy a breakout above the previous high....also toward the end of the week, buying on a Friday==Friday's are very special where the hype can really build, short-sellers are scared to hold short during the weekend, so it gaps up over the weekend.......it really spikes, and it crashes in a 30 minute period on Monday ..that's volatility.... -Tim Sykes
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1.     A stock UP MORE THAN 10% ON THE DAY (that can lead to a potential breakout).
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1.      VWAP -- I want the last price of the stock to be just over VWAP (giving it the best chance to run in the afternoon into the next day, maybe two or three days down the road if it does breakout).. The reason for this is I want strong stocks on the day.. If the stock price is below VWAP then short-sellers are in control making it more difficult for a stock to spike/run.       -Matt Monaco

I'm more likely to buy morning spikes, on Fridays......-Sykes

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#SCAN TO RUN INTO THE MARKET CLOSE
Bohen runs a 52-week breakout scan every single day (before the market close).. Why?  Because according to research by CANSLIM, when stocks break a 1-yr high, they tend to continue higher... it's not like you buy every stock at 52-week highs but again, but if you're checking it off the list, that's what you're looking for... -[Bohen commentary, CANSLIM research study]
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The best penny stocks of the day are often the best penny stocks from the previous day. The highest probability chart patterns and best trades 90% of the time are day two, day three, or day four runners. Multi-day setups and breakouts are where you should focus... when you’ve got an 800,000 float stock that's still up a week later — it needs to be top of your list. -Bohen
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The most important rule is this: volume precedes price. Typically, before a stock price moves, volume comes into play.    yo! it's important for me to setup a scanner that catches volume increases! as that's what points out which stocks are volatile and will be moving! at that point it's on me to understand the float and other factors and catalysts and support/resistance levels to see how and when the stock price will breakout or not, and in which direction (short or long)...... And knowing the chart's history so i can acquaint the stock's historic personality with how it might predictably act and recreate itself in the chart pattern soon to be manifested for me to play!.
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Heavy resistance and Heavy support levels do not crack unless there is slow grinding (toward their "said" direction) happening over a period of time (whereupon the Heavy volume will be absorbed/soaked up by that time, and the stock will be ready to breakout of the resistance/breakdown under support)... Additionally, if VOLUME FADES, the stock begins to come down automatically... How come 30m resistance broke 70m resistance? Because of slow-grinding. The only scenario that a stock can break heavy resistance with less resistance is by slow grinding... it's slowly grinding up to this resistance zone - you have to be really careful of shorting... don't short slow grinding stocks into resistance because it doesn't work that well... -[Dux]
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Instead, use volume as a way to confirm your original thesis. If your plan is to long a breakout with volume, then volume should be your confirmation. However, don’t hop in a trade because you see volume coming in without any thesis before that (unless that is your strategy backed by data). -B The Story
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ON #VOLUME (DURING CONSOLIDATION)
The lower the volume during consolidation, the better... The breakout through the consolidation should tell the story... I generally like there to be low volume during consolidation.. And then the breakout should indicate potential continuation in that direction. That's how i view daily volume relative to previous-daily volume --- i'm taking into account previous range on different levels of volume... Volume is simply for me a relative term. -Tuohey
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The impact and effect of market cap on breakouts — a Smaller market cap (under 100M) is better for multi-day breakouts... the higher the market cap is (especially when it reaches 500m+), the more difficult it is for the stock to go up — first 3 mins — https://m.youtube.com/watch?v=9j7GfvSDAXE ......... #Dux
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Earnings Breakout:::::: you don't have to watch it as closely, but you have to expect choppiness... when you have a stock basing just above former highs, that's a very good sign that it's probably going to keep going.. especially if it has an earnings catalyst. 
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Buy Technical Breakouts of earnings winners... don't discriminate if it's a small cap or large cap (they're all good to buy!)..... Trade them once they hit the %gainers list... Just play it by the price action... Do not check the earnings calendar for prospective earnings plays, because you're going to get emotionally attached. Trust me, I've been doing this a long time. -Tim Sykes
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Cut losses on earnings winners that fail to hold the breakouts/support levels.
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AFTER 9:45 AM:::::::::: look for the stock to spike through its *premarket highs* (this gives the stock more time to lure in short-sellers). [#BREAKOUT]
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STRATEGY::::::::::: when a stock spikes/gaps up (esp. on positive news).... watch for a [dip and rip (after 9:45 am)], and an [afternoon VWAP hold breakout (after 2 pm); do not hold low float afternoon VWAP plays overnight however #caution]......... if it pulls back (and sucks in shorts), look for [a breakout] over that level........  keep the stock on watch until *volume dries up* and it dies. The lower the float of the stock (<40M), the better (the lower the market cap (<500M), the better). If it is a chat pump that's even better.
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TRADING BREAKOUTS {SWING TRADING BREAKOUTS}
If you study thousands of the biggest winning stocks over the past 100 years, they tend to move in stair-steps... Meaning they will make a 20-50% move, pull back, and go sideways for a while, and then make another move... KRISTJAN #QULLAMAGGIE uses the daily chart, initially (scanning for) a big move within the last 12-weeks ideally moving between 30-100%... the next step is to look for an orderly pull-back into consolidation (running for a time length between 2 weeks and 8 weeks... the consolidation is based above the 10 MA, which is higher than the 20 MA, which is additionally higher than the 50 MA (50 MA is at the bottom, 20 MA in the middle, 10 MA above both, with consolidation occurring above the 10 MA)...  
 ‣ KIRSTJAN's advice is to enter the long-trade as the stock starts to breakout of consolidation... QULLAMAGGIE says, "It's all about finding tight, high probability areas to enter, so you can have high risk/reward on your trades."
 
 ‣ He uses the LOW OF DAY (of the day he entered the stock on it's breakout out of consolidation) as the STOP LOSS (ensuring additionally that his STOP LOSS is surely never more than the average true range of consolidation (i.e. if the average true range of the consolidation phase is 5%, then the stop loss should never be greater than 5%... 
 
 ‣ KRISTJAN then recommends selling between 30% - 50% of his shares within 3-5 days after entering the trade, while then moving his STOP LOSS to BREAK-EVEN (the same price he ENTERED the trade at).....
 
 ‣ The remainder of the position should then have a TRAILING-STOP governed by the 10 MA or 20 MA, depending how the stock moves (so that if the stock is doing well each day, abiding by using the 20 MA as it's support level, then SELL THE REST OF THE POSITION on the initial day that a WHOLE RED CANDLE has formed underneath the 20 MA line..
KRISTJAN QULLAMAGGIE says, "I'm a swing trader, and use the daily chart to find these setups, but these setups also work on the weekly charts and the intraday charts."....... His ultimate aim is to achieve minimal risk with maximal reward (low risk, and the potential for high multiples of exponential reward)..... 
QULLAMAGGIE says, "It's all about making 5-20+ times your initial risk. You can be wildly profitable with having just a 25-30% win-rate. It's all about having small losses and big winners." ... 
It's fair to say KRISTJAN's primary focus is on money management, and the concept of risk/reward. The setups themselves are secondary, and not groundbreaking. In fact, 
It's fair to say KRISTJAN's primary focus is on money management, and the concept of risk/reward. The setups themselves are secondary, and not groundbreaking. In fact, KRISTJAN says, "a lot of great traders trade the same setups because they work, and have done for a hundred years."....... Fundamentally, trading is a numbers game; a game of odds. And the more that we can move the odds in our favor, the more margin of error we can absorb, and this is where risk/reward becomes the major factor... 
KRISTJAN suggests his win-rate is 30%, often coming in clusters (losing 1% of equity on losses, and winning 10% (thus, his losing 7 trades in a row means he's lost 7%, while him winning just 3 trades in a row equates to a 23% cumulative profit overall. Such an approach provides considerable margin for error (if he loses 9 trades in a row, and 1 winning trade, he still has an overall profit of 1%; thus even under performance CAN BE PROFITABLE; the key is keeping losses small and letting profitable trades run.......... A lower reward means that the margin for error is far less, albeit still profitable (losing 7 trades in a row at 1% of total equity, and profiting only 4% whilst winning 3 trades in a row still puts you at a +5% profit among the 10 trades; however the margin for error is less...... an improved RISK/REWARD ration allows for the accommodation of more losing trades.
KRISTJAN QULLAMAGGIE says, "My trading journal at times is mostly a sea of red and then there is a big winner here and there.".... This is what trading is all about. You can be wrong 8 out of 10 times, and still make money. It's all about risk/reward, and using a particular chart pattern to provide rationale for improved probability. [source: www.youtube.com/watch?v=WswZwmr2ebU]. #breakouts
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CRITERIA FOR A BREAKOUT #SwingTrading #Breakouts
We see CONSOLIDATION and an eventual break-out of resistance.
The breakout must be with increasing volume (a breakout on low volume suggests the move is a #fakeout)
A pull-back is commonly seen, but the pullback should be on small volume. Increasing volume in proportion to the subsequent uptrend is a good sign.
 
Min 28:15 ------ what Grittani and Dux track for finding fake breakouts, etc ---------- www.youtube.com/watch?v=5PP63Z2Bu-4&t=2s .......... #Volume is Key to understanding psychology.......         #BREAKOUTS #STATISTICS #fakeouts
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Min 4:30 - Min 10:20 --------- how Darvas made $2M swing-trading -------- great idea and methodology to follow in terms of how i should setup my own RISK/REWARD ---------- www.youtube.com/watch?v=tuctqAWkGpI ............. #SwingTrading #Breakouts
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Buying swing-trading breakouts using a potential consolidation scanner ------ GREAT CRITERIA TO FOLLOW TO FIND CONSOLIDATION PLAYS (WITH POTENTIAL UPSIDE FOR BREAKING-OUT #fundamentalsMatter) ----- www.youtube.com/watch?v=fCH1_3Ikv4I ........ My Breakout Scanner - https://bit.ly/3ea6sl8 ......... #SwingTradingBreakouts
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Min 2:30 ------- swing trading ideas!!!!!!!!!!!!! great explanation of various pivot points and more --------- www.youtube.com/watch?v=ltXlF8Z0WFg ............ #SwingTrading #Breakouts
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Min 6 -------- https://www.youtube.com/watch?app=desktop&v=9j7GfvSDAXE .......... Multi-day breakouts ........... #DUX
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9. Breakouts Remain a Great Risk/Reward Setup  ---  Breakouts were one of the first setups I made sure to learn when I first started trading.
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Min 26 ------ VWAP basically tells you where the average trader is in the position --------- it's a significant indicator that is used by Matt Monaco for signifying breakout potentiality ------- https://university.stockstotrade.com/webinar/small-cap-rockets-8-31-21/ ...........
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Min 1:29 -------- Ed Seykota is a trend-trader (TREND-FOLLOWER) who uses the BREAKOUT as a catalyst to enter the trade..... he couples trend-following with solid risk management.... "The elements of good trading are 1. cutting losses, 2. cutting losses, and 3. cutting losses. If you follow these three rules, you may have a chance"..... he says, "my style is basically trend following, with some special pattern recognition and money management algorithms" ------ www.youtube.com/watch?v=R1YoSmHp76g .......... #EdSeykota............. Ed has a simple but polished method and this produces exponential returns in the long-run........ EdSeykota on average produced annual returns of 60%...... a theoretical $10,000 investment would have become a $350,000 investment over a 10-year period.... We can see that the drawdowns are minimal, but we also see in Ed's style of trading the importance of patience (where ed had a 3-year period of consolidation in his profit chart ,of not making major profits (nor losing big during that time)........ During that time period, his philosophy was: "i handle losing streaks by trimming down my activity. I just wait it out. Trying to trade during a losing streak is emotionally devastating. Trying to play "catch up" is lethal." -Ed Seykota .......... EdSeykota's style of trading proves that trading can be simple: with basic risk management and patience, spectacular life changing performance can be achieved. 
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Breakout traders: Breakout traders buy when a price makes a new high in the time period being tracked. Breakout traders favorite trade is usually a break out to a new high in price out of a long price base inside a trading range. Most chart pattern signals are simply breakout signals over previous trendlines.  Break out traders generally buy high and sell higher.
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The larger the volume bar located beneath the resistance price, the larger short-sellers will size into their positions.... thus, the opposite is true: when the stock breaks-out of a large resistance area, the stronger/greater the break-out will be (#short-squeeze).. A short-squeeze has about a 60% spiking potential; [to calculate the selling point on a short-squeeze spike: stock price * .6 + stock price = the perfect-scenario price i should sell all of my shares into; it would be wise for me to sell prior and take profits into strength]. -Dux
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The key is, if you are trading penny stocks with a small account, focus on capital preservation.... only trade in the market cycles that favor your long set ups. Do not force trades and chase every break-out and expect the same trading set up and trading strategy to always work out.
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Break-outs scanner       (day highs; week highs; month highs).
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Strategy::: buy earnings break-outs (when they report good numbers).
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I look for earnings winners, to buy on a big dip, or on a break-out...... -Tim Sykes
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CRITERIA FOR A BREAKOUT #SwingTrading #Breakouts
We see CONSOLIDATION and an eventual break-out of resistance.
The breakout must be with increasing volume (a breakout on low volume suggests the move is a #fakeout)
A pull-back is commonly seen, but the pullback should be on small volume. Increasing volume in proportion to the subsequent uptrend is a good sign.
 
 
 
 

Every single stock (no matter if it trades intra-day, or 1-day, or 1-week, or 1-month, or 1-year) creates these 7-step framework patterns..... #1 Pre/Early Ramp is just kind of sideways consolidation... #2 The Ramp is the technical breakout where it's gotten above a key-level that it hasn't reached recently [#2 tells me that the stock is now in play].... And if there's a catalyst, if there's news, then that's a GOOD SIGN... -Sykes

-I'm thinking i should start with breakouts trading (as my first pattern to master)....... do breakouts happen MOST OFTEN than any other opportunity? .......... are there a lot of videos to watch regarding breakouts, that i would have to learn from, or do breakouts all follow a similar pattern of sort (my distinguishing factorings being based on actually tracking the way Dux does (i do this for breakouts) in terms of market cap, volume, price, and so forth............... [definitely watch dux DVD Trading Techniques before i begin trading to take cohesive ideas from him]..................... breakouts will then inevitably lead to me being able to (track) and trade DIP BUYS, which always happen after breakouts happen........... breakouts being Sykes' FRAMEWORK STEP #3 [supernova], AND FRAMEWORK STEP #5 [dip buy] ............... #OTC breakouts specifically would be GREAT.

Min 15 — how to run www.scanz.com to setup alerts near breakouts ----------- TT2 (trading tickers 2) ------- Chapter 2 ...............

Min 20 - Min 22 ----------- That's how stock's move, they move with momentum first...... Momentum is a big thing. The stronger the stock the better, which is counter-intuitive for many people but it's true (stocks that make the biggest moves are usually the ones that KEEP MAKING THE BIGGEST MOVES.. and I'm not talking about meme stocks or pump and dumps, but mid-cap and large-cap stocks; that's not really the type of stock's i swing trade (even though if i was still a day-trader i would trade them intraday b/c those are the ones that have the biggest intraday range)).......Buying breakouts and selling after Day 3 or Day 5 is how Qullamaggie trades breakouts typically (he will AT LEAST sell 20% - 30% of his shares by Day 3 or Day 5, depending on how strong/well the stock is still performing ---------- www.youtube.com/watch?v=K0F73Sq90j0 ........ #breakouts

Min 34:30 - Min 42 -------- how #QULLAMAGGIE buys his entries into stocks.... he buys everything at once and then scales out over time based on technical analysis...... he buys at opening range highs (on 1-min, 5-min, or 60-min candle; where it breaks out the highs of the day; and he uses the lows for the day for his stop loss level)... he buys literally as they breakout resulting in him getting STOPPED OUT constantly, but does many numerous re-entries once it hits his buy-entry level when the stock BREAKSOUT OF THE HIGHS OF THE DAY (even if you have to buy a bit higher; if he gets stopped out, he gets stopped out immediately; he doesn't overthink, he just gets out) ------- www.youtube.com/watch?v=K0F73Sq90j0 ........ 

VWAP stands for volume weighted average price, it signals the short term sentiment of a stock whether it's bullish or bearish. When putting VWAP and 9 EMA together, this pair signals a strong breakout in both penny stocks and large caps. 9 EMA acts as potential entry once that breakout as occurred.

Min 48 ------- the market is always reverting to its mean 80% of the time | Mean Reversion | Reversion to the mean | Breakouts are only successful 15% of the time ---------- www.youtube.com/watch?v=DjHDlf1D9LM ............ #chrisCady

                • set alarms for each chart as well regarding any breakout or vwap levels that might happen to alert me to....

To catch big biotech runners, your best odds are to catch the first-day move. When biotech companies announce news, that can bring in high volume and hype... -Bohen #biotechs #breakouts #dipbuys #chasing #fomo

 
THE PSYCHOLOGY OF RESISTANCE LEVELS (why a stock fails to break through resistance | why a stock successfully breaks through resistance)
Min 25 --------- the psychology of a stock breaking resistance and breaking out means that all of the "bag-holders" have eventually sold all of their shares at "break-even" and now new bidders/buyers are playing the stock in hopes of it's breakout / spiking -------- www.youtube.com/watch?v=_b76IR7lYjI .......... #BOHEN ................

Min 7 ----------- 52-week highs and other significant resistance breakout points are valuable areas where a stock can continue to breakout for diff reasons, as described here by Bohen-------- www.youtube.com/watch?v=7wi1F5sMm6I .........
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Be sure to take profits before the stock hits it's resistance levels (especially resistance levels that are at the weekly, monthly, bi-yearly, yearly levels; the greater the resistance's timeframe, the strong that resistance will be thus the more certain you should sell just prior to the stock hitting that resistance so you do not experience slippage in selling your shares). -Luola
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True breakouts are confirmed by
- heavy volume
- new highs or lows in the direction of the trend.
~ A breakout is often marked by a dramatic increase in volume (caused by losers selling/running for the exits].
~ A breakout on low volume SHOWS LITTLE EMOTIONAL COMMITMENT TO A NEW TREND ... IT INDICATES THAT PRICES ARE LIKELY TO RETURN TO THEIR TRADING RANGE..
* A true breakout should not be followed by a pullback into the range .. just as a rocket is not supposed to sink back to its launching pad.
* The best time to buy a breakout on a DAILY CHART is when the WEEKLY CHART suggests that a new uptrend is developing.
FALSE BREAKOUTS tend to have light volume.
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If the market cap is around 200M, it is hard for the stock to spike about 60% or 100%.... -Dux
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A LOW FLOAT and a LOW MARKET CAP are always needed when going long because that will increase your winning percentage. -Dux
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Min 9:30 ------- #Breakouts never occur at a 90% rate, nor even an 80% rate.. they usually are 60%, 50%, or 40% successful -------- www.youtube.com/watch?v=UuKI6lbyvOw ......... NOT THE BEST PATTERN TO START WITH...... make it my third pattern to focus on, after DIP BUYS, and after OTCs OVERNIGHT (longs).........
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So what do i do? I do #BREAKOUTS, and i do FIRST RED DAYS (shorting), and i do FIRST GREEN DAYS.. Everything I do is from Grittani (his pattern that he plays). He is so systematic about what he does. Process, process, process. -Huddie
 

 
QUESTION: Are there any red flags that you see in a chart? Because you’re not just going to randomly buy any stock that’s up 50%. What exactly are you looking for?
GRITTANI: Yeah. So that’s a good question. Even though I’m interested in a catalyst, I’m interested in the big percent gain. That’s not to say I’m just going to chase anything.
* If a stock is already up 100%, 200% on the day, it could also crash. It could also drop even with the slightest bit of news.
* Also, look at a company’s balance sheet. Do they need cash? A lot of these high flyers announce good news in the morning, getting everyone excited … And then in the afternoon, they do a toxic financing at a 50% discount. So they pump up their own stock. Then they dump it and raise millions to pay their inflated salaries.
* So you have to be careful about chasing. This is why I like buying stocks that are up 20%, 30%, 40%, not 100% or 200%. The more it’s up on any given day, the greater the risk.
 

 
Min 51 -------- Min 53:40 - Min 55 ----------  Min 1:01:00 ----------- a stock that has a big sell off on its day eventually does not spike again on it's following day (it just doesn't happen) -------- www.youtube.com/watch?v=AKNXlNY1pC8 ............ #DanIrish #PLAYS
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What Spikers Have in Common?
If you’re looking to play a stock, it better have at least these two things…
- A catalyst: This is the reason for the spike
- Volume: Shows people are interested
These are two important pieces.
Entering a trade with only one or neither is a gamble in my book. Don’t give any other stocks the time of day. Especially as a newbie. It’s too risky.
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Min 36 ----------- multi-day runners are worth focusing on much more, than single-day runners --------- https://members.wolf-alerts.com/commentary/lessons-from-jack-kellogg-must-watch/?email=saloul10%40gmail.com ............#jackaroo #PLAYS
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WATCHING FORMER RUNNERS::::::::: For me, a lot of times, former runners have already run. So if they're then just green at all, then a 5%-10% gap is the sweet-spot for a further run. If it's between 5% or 10%, and no one else is watching it, you can get enter then. So, no i don't have a scanner for it. I quite literally have just like a list of just tickers (50 tickers long) and i just delete them overtime if the charts go to crap. I'll keep them on there for 2-3 weeks, before recycling them off. -Monaco
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Min 3:30 --------- play #breakouts on their PULL BACKS ------ www.youtube.com/watch?v=Z7r4wR-jAsU .......... Min 5 --------- www.youtube.com/watch?v=QgmXQkIHJY4 ..............
***be sure to track in my journal whether i perform best (feel comfy) being a BREAKOUT trader or a PULL BACK trader(to key levels)............ PULL BACKS give better risk/reward setups (& potential to profit).........
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WHEN TRACKING #BREAKOUTS ------------ See for the specific stock (categorized via market cap and float / outstanding shares) ------ how long does the stock typically CONSOLIDATE FOR (in minutes / in ticks) before it BREAKS OUT..........ALSO TRACK THE PERCENTAGE that specific stocks PULL BACK(maybe track this? does Grittani do anything of the sort? replicate how he does this which he does, via like highs and lows and percentage differences b/w open, breakout level, support, etc.)..........
 

1. High Volume favors breakout strategies...... 2. Tracking Volatility enables maximizing your reward (tracking the max breakout / breakdown range, to maximize your percentage return] ... -[Dux commentary]            https://youtu.be/OTo_3mu6EIw ........... #PLAYS

Min 12 ---------- if you're a long-biased trader, GO LONG on the front side...... If you're a short-biased trader, GO SHORT on the back-side........ The hardest part of trading is having the discipline to wait for your edge...... Trading is so simple, guys. If you are long-biased, BUY THE SUPPORT LINES, if the support lines break, stop out....... If you are short, then short the resistance lines, if the resistance lines break, stop out....... Keep it simple. Make your money and get the fuck out -------- www.youtube.com/watch?v=AhHxQEX_Qpk .......... #LowHangingFruit #Bao #PLAYS

Min 14 ----------- Every day that passes, there is less of an edge on the long side....The best day to go long is DAY 1 ----------- www.youtube.com/watch?v=9QHVmNOd7oY ............  #AlexTemiz #PLAYS #BUYING

Range trading is silly; don't bet on trading the consolidation range of a stock as it being a profitable strategy --------- https://university.stockstotrade.com/2022/05/20/range-trading-is-a-bad-idea/?email=saloul10%40gmail.com ............ #rangeTrading #plays #bohen