First Green Day OTCs: A Pattern Every Trader Needs to Know!
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This is one of my FAVORITE penny stock patterns … especially if you have a small account and want to hold overnight. Get ready to take notes!
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Plenty of new traders want to make a lot of money fast. But they set their sights on difficult trades or go for home runs.
Here’s the problem with that ... They leave behind all sorts of low-hanging fruit. There are a TON of easy and simple trades out there - if you know how to find them!
For me, it’s all about patterns. Why make it harder than you need to? Focus on the easiest patterns to find simple setups.
In this video, I talk about one of the easiest yet most effective patterns I know - the first green day on OTC runners.
With this pattern, you buy an OTC market runner into the close. You sell it the next morning, into a gap up or potential spike.
There are tons of benefits to this pattern. For one? You can hold overnight. The pace isn’t breakneck, so there’s less stress with this pattern.
Another benefit? You’re taking advantage of market inefficiencies that already exist. No need to force things, the market is doing the hard work for you!
How do I know this pattern so well?
Because I’ve seen it play out for over 20+ years.
Patterns repeat themselves over and over in the stock market. The stocks and sectors themselves will change, but the basic pattern doesn’t change. The key is to learn it well enough so that you recognize it when it presents itself in different forms.
This is a pattern that one of my top students Jack Kellogg, aka Jackaroo, uses a LOT. With this pattern, he earned over six figures in profits last year!
(Note: Jack’s results are far from typical. He’s dedicated time to build his trading knowledge and hone exceptional skills. Most traders lose money. Always remember trading is risky … never risk more than you can afford.)
He’s not the only one … other top students like Dom Mastromatteo, Kyle Williams, Michael Goode, Mark Croock, and Tim Grittani all use this pattern.
In this video, I’m explaining how this pattern works, why it works, and how you can identify it.
I’ll show you some specific examples of how this pattern played out with recent runners, including CYDY, IPCIF, NXTTF, BILZF … Plus I’ll show you how to spot things that other small-minded penny stock traders don’t see!
What do you think? Do you ever trade this pattern with OTCs? Also … do you know any small-minded traders like I talk about in the video? No names, please!
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#TimothySykes #PennyStocks #OTCStocks
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Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.*
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* 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: www.timothysykes.com/terms-of...
Пікірлер: 340
What do you think? Do you ever trade this pattern with OTCs? Also … do you know any small-minded traders like I talk about in the video? No names, please!
@ThanFam
4 жыл бұрын
Is there a way to do the trading challenge on mobile? I would love to do the challenge but with a hands on job the only access I have to trading is my phone
@tajgray9055
4 жыл бұрын
Yep first Green Day OTCs is a great pattern
@toolgirl30
4 жыл бұрын
@@ThanFam I was wondering that too
@achille295
4 жыл бұрын
Hi Tim, how do you avoid offerings when holding overnight? Whenever I try to buy breakouts or 1st green days and hold overnight I get crushed.
@isabelanobell2011
4 жыл бұрын
Hi Tim, you just laid out a bunch of great lessons here. I'm glad you mentioned the difficulties of executions both to enter and to exit which I have experienced. I'd love to be in your challenge! I'm a Silver Subscriber and I'm in the process of saving money to then apply. But I've been talking to Chace, from your team, to see what I can do to join immediately. Thank you, I love your lessons and your style and I have checked out other gurus and I choose you!
I just joined as VIP member and I am 15% done with my homework. I have looked at this program twice before but timing wasn't right then. It's all about timing. it all seems very overwhelming right now but I am confident I am going to succeed at this. Thanks Tim.
@TimothySykesTrader
4 жыл бұрын
I like your mindset!!
Just starting to trade OTCs but I'm enjoying the learning process even if it's very frustrating at times. EVERYONE IS SLOW UNTIL THEY KNOW. It's all about learning new things.
One of my favorite KZread lessons I ever watched. Thanks.. great video.💯
@TimothySykesTrader
4 жыл бұрын
Love to hear that! 👍
I really like this one. And the strongest lesson you made me remember “use the niche strategy, and it add up overtime” Thanks again, Tim!
@TimothySykesTrader
3 жыл бұрын
Glad it was helpful!
This is one of the best 10 minutes I spent on KZread! It really finally "clicked" for me on why you love trading OTC's and penny stocks! Thanks for this training lesson! You really explained it very clearly on how to use this strategy! This to me is worth a million bucks of knowledge for my trading career! Thanks Tim!
@TimothySykesTrader
4 жыл бұрын
thanks David!! 👍
I love your sense of humor! I am learning and appreciating your teaching. Going through your 30 day Bootcamp right now.
@TimothySykesTrader
3 жыл бұрын
thanks! 😂 You got this!
One of the easiest trades to learn for the Newbie., Love it! Thanks for all you do Tim!
great video--each time I watch I see/learn something new. back to the books... love this bootcamp!
This is the 7th time I listen to this. Im excited for your stock reveals 4 tonight!!
"trading is a battlefield" thanks for the arms coach! another video lesson done, #3 of the day
@TimothySykesTrader
4 жыл бұрын
GOOD!
I've never traded OTCs but armed with information after studying will include 1st green day strategy. Thanks so much
Day 14 bootcamp! I have yet to trade any OTC's, trying to train as much as possible before heading to the battlefield. Thanks Tim!!
@rizwanhumayun8353
2 жыл бұрын
just completed day 14 now, but I need a study partner badly!
Thanks Tim for sharing and teaching, timeless pattern!
I have to reread "The complete penny stock course" again but I am starting to understand through reading, watching your videos and observing time and sales how this pattern is a money maker. There seems to be a tendency to over complicate trading with too much going on, indicators etc. It can't be this easy, lol. I will end up in your chat room soon enough. You are a very good teacher. Thanks Tim
@TimothySykesTrader
4 жыл бұрын
You got it! 👍💯
I've never traded OTC's before but I've been learning so much from you Tim for when I'm ready to trade them. Studying everyday as much as I can after work and on my off days all day long. I'm putting on as much armor as I can before I go into the battlefield.
@TimothySykesTrader
Жыл бұрын
glad to hear it!!
This FGD rundown totally described the action on IGC yesterday and today. It was a beautiful (profitable) thing! Thanks Tim!!
I love this strategy! It will be my first pattern to go for! In fact, I just bought a first green day that closed strong on good news and am holding over night! Also making my watch list tomorrow based on this strategy. Thanks for another awesome lesson
@TimothySykesTrader
3 жыл бұрын
You got this!
Thanks Tim... I'll be watching for this pattern going forward.
@TimothySykesTrader
3 жыл бұрын
Happy to help!
Lovin it, doing the 30 day bootcamp, thanks Tim.
I am new to this, and doing paper trade practice on Etrade. Always grateful for your insight.
@TimothySykesTrader
2 жыл бұрын
keep building that knowledge account!!
Newbie with a smaller account. As I was studying a scanner a few days I noticed this pattern! I been picking and playing trying to get it right! I am even more excited for Monday to get here!! Thanks Tim!
@TimothySykesTrader
4 жыл бұрын
Welcome aboard! You got this 👍
Love this vid. I think I'm finally starting to maybe understand what you're saying and hopefully see the pattern. Still not 100% confident in myself yet though.
yes great pattern ...loved the new idea! First green day and selling on the gap up next day ...i like that.
@TimothySykesTrader
4 жыл бұрын
👍👍
I like the idea of trading OTC's, and I want to be able to recognize patterns to succeed at them. My current road block is not having a large enough account for OTC profits to make up the difference in the fee ($6.95) to make an actual profit. I've decided I'm going to only do OTC's at first once in a great find, but mostly try and stick to low price listed stocks so I can bank the profits for exponential growth over time. The length of time I know it'll take to study before making smart decisions about trading and profits is overwhelming, but I am determined to learn what I can the best I can to equipt me for when the time is right for me. Thanks Tim!
Great explanation. I loved the part about not being able to buy pre-market which stacks up the buy market orders. Really fantastic. 👌
@TimothySykesTrader
4 жыл бұрын
thank you! 👍
Finally starting to make sense to me after reviewing over and over and over. Thanks
Ah now that clears up something missing from The Complete Penny Stock Course. I was wondering about expected order execution timeframes for OTC's and you've taught me something new today in that, thanks Tim. The book just mentioned a delay but didn't mention details on it.
@TimothySykesTrader
4 жыл бұрын
awesome- you're welcome! 👍
I bought your book and some other lessons. Watch a lot of your KZread videos. Bought 100 shares of vxrt @ 0.84 and sold at 1.05 for my first ever trade. Lots to learn. In Tim we trust
@TimothySykesTrader
4 жыл бұрын
nicely done! you're on the right track 💯🙌
I have never traded the OTC's but am trying to learn as much as I can before I start! Thank you for the video.
@TimothySykesTrader
4 жыл бұрын
good job for learning ahead of time! glad I could help
Boot camp day 14 assignment, following through all of the steps to get max return from the program. Thanks boss!
Thanks Tim, at what time or point in the day do we know it’s a green day??
Thank you Tim for educating me with OTCs.
@TimothySykesTrader
3 жыл бұрын
you got it
I'm still watching your videos, learning all I can, before I try any trading. So, I've never traded OTC stocks. I don't know yet if I will be a good trader or not, but I'm trying to learn.
@TimothySykesTrader
4 жыл бұрын
this is a great place to learn!
Thank you! I love this pattern!
@TimothySykesTrader
6 ай бұрын
yesss
I literally tweeted you about this last night. That is almost as awesome as the comment about introducing a slow trader to a companion so they can have slow kids. I literally laughed out loud!
Great stuff Tim. Awesome insight. Thanks again for all you do.
@TimothySykesTrader
4 жыл бұрын
you're welcome!!
This is really one of the easiest pattern newbies can take advantage of like you said.I should have focused more on this pattern when i started my journey in April of this year but was trading listed stocks .Focusing more on OTC now.
1st Green Day and how to find it gives great potential opportunity. Thank you for the insights!!!
I will look for this pattern from now on! Thank you
@TimothySykesTrader
2 жыл бұрын
you got it!
great stuff about execution and understanding that otc have delayed executions . yes i know those slow people i am one of them but slowly becoming nit slow the more i study
@TimothySykesTrader
3 жыл бұрын
Appreciate it!
Love it thanks for the info gotta get on it. This is life changing info brother
@TimothySykesTrader
3 жыл бұрын
Any time!
Pattern looks good, Haven't traded OTC yet. Thank you Tim.
@TimothySykesTrader
4 жыл бұрын
You got it!
love it. thank you for everything man!!
@TimothySykesTrader
3 жыл бұрын
You bet!
Rewatch over and over non stop! Thanks Tim!
@TimothySykesTrader
4 жыл бұрын
thank you! 👍
Will watch for this pattern. thanks for more info about this pattern.
@TimothySykesTrader
Жыл бұрын
you got it!
Day 14 :) Thanks Tim. I'm learning!
@TimothySykesTrader
3 жыл бұрын
You got this!
Wow so much info its inspiring. Thankyou
I never traded the pattern, but have traded OTC's, I'm day 14 in your bootcamp loving it, also would love to have a mentor, Thanks for all your teachings your the greatest Tim, A dedicated non-challenge student, Tony
@TimothySykesTrader
2 жыл бұрын
glad to hear it!! 👍
I shall watch out for the First Green Day pattern with a history of spikes. Thanks again, TIm.
@TimothySykesTrader
Жыл бұрын
you bet!
Tim... You are hilarious!!! Your videos make my day!! Informative, yet entertaining!!! 🤣🤣🤣
@TimothySykesTrader
4 жыл бұрын
lol thanks! 🙌
Thank you Tim . Keeping my eye out for slow thinking people. Is there a screener for Stocks Slow thinkers are thinking about????
/This was a great video, I am starting to slowly understand some patterns, Thanks Tim
@TimothySykesTrader
7 ай бұрын
glad it was helpful!
I have a small account n trade OTC stocks EOD swing into next dat - thanks for educational videos hope to start growing my account
@TimothySykesTrader
4 жыл бұрын
nice! Keep learning all you can
I believe $CYDY went to 1.18 on 12/30/2019 (1.05 hod was on 12/27/2019), so you missed out on another 12%+ ;-) Take the meat of the move and move on! I was at your conference when you bought $BILZF on Monday 09/23/2019...really enjoyed your conference, good to meet you in person and be with other traders in person. You're a great teacher, love the charts and examples, thank you, Tim! :)
Thank you for the info Im going to be starting my trading soon
@TimothySykesTrader
3 жыл бұрын
awesome!
Great pattern I will go back a study this one an dip buy pattern again until i can profit on them consistently. Thankyou tim
@TimothySykesTrader
3 жыл бұрын
Excellent!
Thank you soooo much for being real and giving so much knowledge.
@TimothySykesTrader
Жыл бұрын
it's my honor!
I am just learning and getting ready to start trading with all of you.
@TimothySykesTrader
2 жыл бұрын
Gooood! study up!
It makes perfect sense. I haven't traded yet. Still studying everything I can.
@TimothySykesTrader
2 жыл бұрын
keep it up!
Thank you for these videos!!
@TimothySykesTrader
4 жыл бұрын
you got it!! 👍
I'm just taking your bootcamp now, but I may start with these patterns first.
Great info! Thank you!
@TimothySykesTrader
Жыл бұрын
Glad it was helpful!
Thanks TS good reminder to hear
Love it!! Thanks Tim!!
@TimothySykesTrader
Жыл бұрын
You bet!!
New to the game..very informative fun video thank you
@TimothySykesTrader
Жыл бұрын
you bet!
Badass!! Thanks again. I started paper trading!!!!!!
@tendernessforthemonster4517
4 жыл бұрын
with stocks to trade?
@toolgirl30
4 жыл бұрын
I wish!! Only have phone no computer. If I one day can get better internet service. I definitely want to use Stocks to trade software!! Just looking for and learning patterns right now.
@TimothySykesTrader
4 жыл бұрын
👍👍
Hey Tim, have been loving the videos and am looking to get HTMM before I start properly trading, is there anywhere I can get trader checklist for free still. The last time I watched it I don’t feel that I fully comprehended it and I want to expand my knowledge Thanks
@TimothySykesTrader
4 жыл бұрын
contact my team : timothysykes.com/contact
Loved the video, Which scanners do you suggest stock to trade, Scanz, trade ideas? Would like to sign up to one today. From the uk. Thanks
@TimothySykesTrader
4 жыл бұрын
bit.ly/2Y519wu
I f***n love your videos and colorful commentary, aside all the awesome information you always have me laughing my ass off, only dude that can make stock market classes entertaining
Day 14 Bootcamp! Def excited to try a FGD otc.
Hi Timothy, thanks for taking the time. valuable learning.!! What or where would you suggest someone new to the investing world use to buy and sell stock. I'm currently using Scotia Mcleod but they can be expensive if you don't do a lot of trading. thank you
They are dealing with bail and therapy ... they have a busy life. LOL!
Never traded otc. But good video. Not in my wheelhouse yet but learning new things every day.
@TimothySykesTrader
4 жыл бұрын
i highly recommend it- as long as you learn all you can and trade smart
I traded my first OTC stock DECN recently. I got about 30% profit. Though I did not make it in the first green day, it was more due to news, volume and possibly i saw it as supernova. But when i look back now, the day before i bought was the first green day. I will now try to use this pattern to work through. Reading and going through the videos. Making attempts to trade when i want to try the patterns. Still way to go.
Regarding what the definition of "first green day" is: Is this talking specifically about when you're looking at a candlestick chart? And if so, do they need to be solid or hollow green candles? Also, does there need to be a bunch of opposite colored candles for a specific number of days in order for something to be considered a "first green day"? Or is it just a day where the close is higher than just the previous day's close?
Joined the Challenge still learning!! Thanks Tim
@TimothySykesTrader
4 жыл бұрын
You got this!
@jubalterry8310
4 жыл бұрын
Timothy Sykes I know!
Hey Tim, does this strategy only work with OTC stocks? Or is nasdaq listings acceptable as well?
Thanks Tim. You da man!
@TimothySykesTrader
4 жыл бұрын
You bet!
Thanks Tim Skyes, I'm learning studying
@TimothySykesTrader
Жыл бұрын
GOOD!! You bet
Hey Tim, one of your newish Challenge Students here, I just linked to the youtube video via a buy alert on TPTW 7/10/20. Thanks! My question is 'what is the time frame to look at for that FIRST Green Day?" in other words, is it first Green Day after 5 red days, more?, less? Thanks in advance, I'm studying a LOT and learning a LOT, paper trading for now as I continue to learn and recognize the patterns.
@Savvyupgal
4 жыл бұрын
I may have gotten my answer from a Lento Webinar ,6/30 I think....First Green Day WITH a big volume increase. Is that correct ?
Hey! I like Coors lite! Wiseass!
i'm hoping to get excepted i have been waiting a couple weeks now but your worth it and i will continue to learn everything i can through your youtube videos thanks again tim
Nice strategy but when/whats the exit if we are wrong and the price not running the way we expected? Like you said in other video we have to keep our losses small.
Thanks! I like this idea but “ trade on the first green day”- we only know the day was green when the day is over, which could be too late, no? Is there a sign DURING the FGD? Thanks Tim
@kylewonner6856
3 жыл бұрын
High percent gainer closing strong near it's highs with a catalyst. If you're watching big gainers midday you can spot a strong OTC and trade in the afternoon or hold overnight. Not that difficult to understand
thanks for the video
@TimothySykesTrader
3 жыл бұрын
You're welcome
I have an interview soon with y’all, any other tips you could give me with the penny stocks?
@TimothySykesTrader
4 жыл бұрын
awesome!! I have lots of tips, check out my other videos 👍
Thank you!
@TimothySykesTrader
4 жыл бұрын
You're welcome!
Love it!
@TimothySykesTrader
4 жыл бұрын
thank you Isabela!
thanks Tim!
@TimothySykesTrader
3 жыл бұрын
You bet!
great explanation.
Good video!!!!
@TimothySykesTrader
3 жыл бұрын
Glad you enjoyed it
When you say you go in on a green day how long do wait to go in. Is it as soon as you see it going green or do you wait to see if it establishes a green trend?
Hi, I was wondering what the age requirement is for your challenge?
work with the time I have but like otc just don't get to trade them as much as would like but working on it .
@TimothySykesTrader
4 жыл бұрын
keep making time! 👍
03/11/2021 So many of these plays today! Doing 30 day boot camp while working 60 hour weeks haha! But I want it so bad!! Looking to paper trade till the end of the year and put 10k in the bank for my future in trading! I WILL PREPARE!!!
Starting in the 30-Day bootcamp this week!
@TimothySykesTrader
Жыл бұрын
GOOD!
Yes I like trading OTCs... I am now working with my broker to try and reduce commissions
@TimothySykesTrader
4 жыл бұрын
great!!
cool thanks Tim
@TimothySykesTrader
4 жыл бұрын
👍👍
Hi Tim Sykes this is Paul Edwards from Delaware had to leave the name but I am just still studying ready to be your next millionaire student I am watching videos and studying charts. I took a big loss this week I know it was because I wasn’t structuring myself with the principles Time to get back to studying
@TimothySykesTrader
4 жыл бұрын
You can do it!