Find out why I PREFER overnight trading. Subscribe: https://goo.gl/poGZTm to get INSTANT alerts when I post a new video outlining my penny stock trading techniques
0:10 What is the best way to find overnight plays.
1:00 I prefer overnight trading because I can time a stock based on what I think it’s going to do the next day. So I might buy a stock at 3:50 or 3:45 PM Eastern and the goal is to hold it overnight and sell it the next day into a gap up or a morning spike.
1:30 I always look for the biggest percent gainers every single day. I do it pre-market, I do it mid-day, and Iyou should do it before the market close. Three times a day minimum.
1:45 Some people ask me,are like Tim, why are you always talking about the biggest movers from the previous day? I want to worry about the future. The last trading day is linked to the future.
2:15 Look for the big percent gainers, then look at the news. Is the stock up because it got mentioned on CNBC?
2:35 A small penny stock partnering with a big company or maybe a GE or Bank of America that can have legs.
3:30 I’ve shorted stocks with the goal of covering the next morning into a morning panic and the SEC has halted the stock overnight because it’s a pump and dump.
3:45 You have to think about: What is the risk of holding a stock overnight? Which news has legs to push a stuck up and what kind of news has risks of pushing the stock down?
* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/
How to Find the BEST Plays Overnight | Penny Stock Trading Strategies