How To Know When A Stock Is A Pump and Dump
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One of my favorite patterns is to short the first red day on a pump and dump. I want you to learn how to trade smarter. Remember, it’s said that around 90% of traders lose. That’s why I think it's so important to be fully transparent and show you every single trade I make. Here’s what a pump and dump is and how you can learn to spot them.
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FULL DESCRIPTION
One of my favorite patterns is to short the first red day on a pump and dump. So how do you spot this pattern? And what the heck is a pump and dump?
I want to you be a smart, self-sufficient trader. You gotta remember that about 90% of traders reportedly lose. That’s why transparency is so important to me and why I show every single trade - win or lose. I share how much I’m risking. And it’s not just one screenshot, one trade. I’m open about every single trade.
A pump and dump is when a company - or an insider, investor, or third party - pumps up the stock. They hype it to try to bump up the stock price so they can sell their shares or do a financing. They pump up the stock price, then dump the shares. That's a pump and dump.
And when these stocks are spiking, it can be a good time to short sell or bet against it.
So how do they pump the stock? It can be through a press release or a social media campaign. A lot of these companies invest money to promote their stock. Why? Because they want the stock price to go up.
Why is this useful? I'm just trading the price action and the technicals. This is how this game usually plays out. I’ve seen it a lot. I'm not even amused by it anymore, and I’ve learned how to profit from it.**
You have that first red day in the chart ... The whole goal is to get people to believe in the company and buy the stock. After five to seven days in a row of the stock being up and then the volume drops a little, there's not as much buying happening. That’s usually the first sign that the pump is over.
Let me give you one quick note here: If you're waiting for the first red day to short, often there are no shares to short. A lot of traders know about shorting the first red day now, so you kinda have to anticipate the first red day, which isn't as easy.
That said, three of my patterns - catching the bounce, dip buying, and the long kiss goodnight - are all covered in my Pennystocking Framework course.
Personally, I enjoy dip buying the morning panics. But you need to study, experiment, and practice to find what works best for you.
What patterns work best for you? How do you play pump and dumps? Leave a comment if you like trading dip buys...
#TimothySykes #Pennystocks #Investing
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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.*
----------------------------------------------------------------------------------------------------------------* 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: 470
I've been at it for 15 months... I've had some hard lessons and am breaking even now but getting better every day. Thanks for your help! :)
@TimothySykesTrader
3 жыл бұрын
GOOD!
Tim, you’re amazing. Thank you so much for everything! I have been studying hard for the past month and a half and your lessons have by far been the best. Once again thank you for your content and thank you for taking the time out of your day to prioritise us, i hope to one day be as successful as you, if not bigger haha.
Thank you for making the complete penny stock book. You are awesome! Thank you Tim.
@rlptherealchosenone2547
2 жыл бұрын
he just wrote the forward a studnet of his named Jamil wrote the book.
Thanks for you’re vids Tim
I'm not profitable at all. Inherited 165000 dollars and picked some very bad stocks for long time. Deutsche Bank, Mallinckrodt, Microvision, Mattel... Now I have only 40k. But I've found you, Tim Grittanni and Steven Dux. I work on my trading every day and I know I'm gonna be profitable soon. Thank you for the wisdom you share with us and the motivation. Best wishes!
Thank you Tim!! Already read Jamil's book. It was great for me starting out. Your teachings are always appreciated and valuable. Thanks for letting us know what is behind pump and dumps instead of just teaching the pattern to look for. It creates better understanding for those of us not trading yet. I saw you in Chicago, it was the greatest and helped me with gaining confidence in trading. Already registered and ready for Florida T&I Summit!!! Not profitable YET because I haven't started to trade, although it will be soon, I want to go to the Summit, register for the silver program, paper trade and then dip in! Still studying!!! No rest! Thanks for being so dedicated to us!!!
Yes, for some of my strategies i use peny stocks thanks to you and Dux
You never have said that you are proud of your students. It's quite obvious you are so proud of the people that sacrifice their time(life) to do what you repeatedly try to teach. Thanks Tim
@TimothySykesTrader
4 жыл бұрын
thank you! i am proud!
This is so incredible how he is able to combine jokes and trading stocks, so that we, his students, can feel entertained while studying. Tim, you are the BEST!🔥👍
@TimothySykesTrader
3 жыл бұрын
Awww its my pleasure!
What’s the scheme for reverse splits? That seems to be part of the playbook too.
Love it Tim thanks for sharing with us!
Hi Tim, been watching your videos . I am beginner just one question what time frame shall I use with small capital ? I am thinking to do short time Frame.
Day 19 of the bootcamp, these vids are so valuable. Thanks for sharing and teaching god bless you !
@rlptherealchosenone2547
2 жыл бұрын
Congrats Man assuming you have now finished I am finishing day 19 as well today for me have you joined the trading challenge yet and if so whats it like so far?
I luv the hell outta u Tim. Thank u for being fearless, bold n hella funny. I'm not profitable yet, but i bought ur Penny stocking silver n it's been non stop studying for 3 days straight. I'm super stoked n can't wait to apply all that I learn to real life trading.... "Thank u for keeping shit real"....
i saw a pump today dump within 6 minutes after it spiked. You could have rode the pump for a real fast 100x gain but it fell off the cliff right away. .76 cents to 1.09 real quick but then it nose dived. now sitting in the .60 range . the real pump was in the morning pre market .40 cents to 1.29 .
Thank Tim for your precious advices as always!
@TimothySykesTrader
3 жыл бұрын
you got it!
I like listing to Tim...... What is the Penny stock Silver?
Yeah, motivation the most.
Thank you for doing what you doing every day j am starting to see changes and sequences patterns that I should watch TLBT WAS a top play I went from 15 cents a share to shorting it at 20 cents woot 900 shares sold at 20 cents from 15 50 dollars is 50 dollars
Hey, i hope you see this question. A few traders tell me that pump and dumps are becoming very rare these days. How often in a year you see a pump and dump?
@TimothySykesTrader
4 жыл бұрын
it depends on the year,stop trying to make this an exact science, it's not
Tim, this video is fantastic!! I was about to invest in some penny stocks and I'm glad to watch your video.
@TimothySykesTrader
3 жыл бұрын
Glad you enjoyed!
Thank you Tim!!! Be Prepared!!!
@TimothySykesTrader
3 жыл бұрын
Always!
Thanks Tim you’re the best! 👍
Thanks Tim for continued commitment to us!!!!
@TimothySykesTrader
2 жыл бұрын
You bet!
I’m new to stocks studying everyday to get better. I’ve only had 3 trades on small positions with two of them being small losses. INUV was my first win yesterday Made $60. Trying to stick to your rules and grow a little at a time. rule #1 is hard but it helps. Thanks Tim
I actually watched this video before but re watching for 30-day bootcamp which is amazing.
This is the kind of information all the world need to know , thanks Tim for helping us with your amazing experience...👏🏼👏🏼👏🏼👏🏼👏🏼🙏🏽
Timothy is The Pennystock's King !! Greetings from Italy!
@MyZ001
3 жыл бұрын
Ciaaaooo!
Thank you Tim
Thanks man for this precious information.
@TimothySykesTrader
2 жыл бұрын
💯!
Just signed up with you so will see! Im excited!
@mikefreeman3050
3 жыл бұрын
So it's been a year now. How was it? Will you recommand?
Thanks for the lesson Tim.
@TimothySykesTrader
2 жыл бұрын
you bet!
I am going to watch a lot of your videos you and Tim Bohen are the best thank you.
@TimothySykesTrader
Жыл бұрын
THX!
Thankyou for your dedication tim
@TimothySykesTrader
3 жыл бұрын
Always!
Loving the bootcamp!
@TimothySykesTrader
3 жыл бұрын
Glad you are loving it!
Not profitable YET, still in the hard study phase, but so thankful for all of your teaching. Just ordered Jamil's book. Will be great to have everything at my fingertips in one handy resource! Thanks again!
A little profitable so far and soaking up your awesome instructions like a sponge! Thank you!
@TimothySykesTrader
4 жыл бұрын
Great to hear!
Love your Transparency Tim…Love u braddah🤙
@TimothySykesTrader
2 жыл бұрын
thx!!
Lots of great content, working on day 19 boot camp. Thanks boss!
@TimothySykesTrader
3 жыл бұрын
You got this!
Not profitable yet but working on it. This video is really helpful. Tank you Tim!
Hello Sir, what do you think about clwd...cloudcommerce Thank you
This is exactly what I experienced. However, I read all the disclaimers and SEC filings and was able to ride the pump up, made a 60% ROI and walked away. I met my goal and now looking for the next one!;)
I started a few months ago going the safe route and getting into it slowly. I have been learning alot though and have good studying and research skills. I'm just barely breaking even right now. Still waiting too recover from my first buy which was a mistake lol. I know I'm profitable and I know I'll get there but how much is your course? I could learn on my own but it will take alot longer. Wouldn't mind taking your course if it's not too much
Yes, and I'm learning from your videos to do even better
I'm watching you Tim to learn how to become profitable! Love ya man!
@TimothySykesTrader
2 жыл бұрын
Boom!
Still not focus on profit yet, but I am learning how to trade. I am putting ton of times to study the trading knowledge and skills and will get there in the future.
Simply explained and great material for my notebook .Cheers Tim
@TimothySykesTrader
4 жыл бұрын
cheers!
Thank you Tim .I now have a better understanding of pump and dump.
@TimothySykesTrader
2 жыл бұрын
glad to hear it!
#Hi Tim what do u think about TTOO is it a pump and dump
Thanks Tim great video!
I watch all your videos I can get my hands on thank you
No profits yet. Still practicing in the sim
Thank you for Tim. You re amazing
@TimothySykesTrader
3 жыл бұрын
👍
Thanks!
Thank you Tim :')
A broke guy from India currently studying and preparing to probably be your first successful student from India. You are awesome.
@erikr3040
4 жыл бұрын
Priyangkush Baruah how much money you have?
Just learning so watching your videos to learn
@TimothySykesTrader
Жыл бұрын
glad to hear it!
Hello Tim! I'm having a hard time accessing your StocksToTrade 14-day trial because I am having a hard time with my debit card. Any other means of paying? I really wanted to access stockstotrade scanner coz it's very helpful in the bootcamp.
Thank you this was very helpful and informative 👍👍
Yo I was wondering this question the other day how did you know?
Thanks Tim!!
yes starting to be. Thanks
Your metaphors are unbeaten! LOL
As usual Tim, ANOTHER awesome educational video. I'm now 3 months into studying this amazing new venture. I was forced to take a new direction after undergoing spinal surgery. I'm truly grateful I found you. I never imagined studying could be so much fun. you are truly inspirational. I have no plans yet to make my first trade, so not profitable yet but studying all day, every day. No days off. thank you so much for all these awesome lessons!
@ahaun88
Жыл бұрын
How has your journey gone? Hope you have been successful and are continuing to grind!
You're AWESOME Tim, thank you!
@TimothySykesTrader
3 жыл бұрын
My pleasure!
Sometimes. In the 30 Day Bootcamp. Learning every day and improving slowly
@TimothySykesTrader
3 жыл бұрын
awesome- keep it up!
I have tried the platform, but the chart is not clear...
I appreciate you sharing your wisdom and experiences. It is helping me in a great way to becoming a better trader. Studying hardcore on your series of DVD's and youtube videos! I definitely have become a castrated choir boy trader..LOL
@TimothySykesTrader
4 жыл бұрын
Glad it helps!! 🙌
thank you Tim
@TimothySykesTrader
2 жыл бұрын
👍
Tienes razón tim.. gracias 👽👍
Wow Tim! this info is GOLD 💯
@TimothySykesTrader
2 жыл бұрын
Glad it was helpful!👍
Hahaha!! I love you!!! Awesome video!! Funny and very educational. Thx Tim!! 👌🙏♥️
But is the crash predictable only? Or can you catch it before/while it pumps also? I think I’d rather be on the side of the shorts on the crash but I would like to know from your experience, if you do see this.
Your take on XSPA? Is it a P&D?
Damn it, Timothy Sikes! I love your videos! You're gonna help make me rich VERY soon!
Thank you for this video. U made me laugh those pliers did get me a few times. So I love how u say they going 2 hell. Lol
@TimothySykesTrader
3 жыл бұрын
Glad you enjoyed!
Thanks Tim..
Yes, I'm profitable because of what I've learned from you over the past year. My profits are small and are in an IRA at this point, but I am in the green.
I feel like this just happened to me with WATT. I'm so Pissed!!
What do you think of GTLL and PLYZ?
thanks timmy!
I am Profitable with my paper trading. 65% in one month. Learning a lot from the bootcamp.
@TimothySykesTrader
3 жыл бұрын
awesome- keep it up!
so i’m obviously new and invested some money in mrin but bought today when it started dumping in 1800 in marvin at 12 so i’m in trouble what can i do it’s at 10.20 after hours. should add potion and look for exit? please help😳down 200 should i just take the lose and walk away
Yes can be about more than 50% profitable if I knew exactly when to sell for profit and re enter before it surpasses where I sold at.
YOU ARE BLESSED TIMOTHY!!😁😁😁😁
Whay do you think about BTCV?
There are 5 DVDs in PennyStocking Framework. Which one of these DVDs teaches " the seven patterns"? And at what time in the DVD?
@TimothySykesTrader
3 жыл бұрын
see my tim.ly/2020sale
Is sure trader or Ustocktrade good for bypassing the PDT rule !?
@davisfarmer5947
4 жыл бұрын
Iam Evyahno check out CMEG broker
Not, but have learned to cut loses quickly.
In the red , fighting to be consistent but learning everyday
Tim, please do a video on how to get started trading when you have a full time job.
@TimothySykesTrader
4 жыл бұрын
Study whenever you can, read the tim.ly/jbook book
@curlymanjordan
4 жыл бұрын
Hey bud I have full time and had the same issue . I got a td ameritrade free account and downloaded TOS from them. then used the “on demand” feature so I could trade any day any time 2 am doesn’t matter . Then I’d go to precision day trading on KZread who posts live scanners ever day and has them back stocked for over a year . So I’d find a scanner from whatever day I wanted and sync up the time with my on demand and bam free “real time” scanner and simulator . Now that I’m in the real market this was a very realistic way to practice whenever I can and get used to how the market moves. Document ALL of your trades in excel . And be as honest as you possibly can . If you are not the only thing that’s going to be affected is your profit in real life so just pretend it’s real . Don’t take advantage of the software. It’s very easy to make 1,000,000 if you know what’s gonna happen. Also study study study . Whatever you can whenever you can . Then after your numbers are where you want them then sign up for super nova alerts on profitly. Get some type of broker who allows mobile trading so you can manage your trades at work and your started .
@curlymanjordan
3 жыл бұрын
@ShanTyShae Mo I’m probably not the best person to ask . I do it a lot but I’m far from professional. If I had to guess for myself doing the same thing I’d bet on -4000 lol . If that doesn’t work I wouldn’t do it.
not profitable today but learning to daytrade better everyday!
@TimothySykesTrader
2 жыл бұрын
keep up the learning!!
The best video by far, thank you!
@TimothySykesTrader
3 жыл бұрын
Glad you liked it!
Tim Sykes is the real deal !!!
No profits yet, gave back all the gains i made during the begining of the Corona virus run up. Learning the process.
I'm not profitable right now mister Tim but later on I will be profitable by learning new material from you thank you very much for your time I appreciate you
Tim!!! Is it possibly to profit in one stock by going up and going down?
@corymccarty6496
4 жыл бұрын
Yes u ride the pump up which is dangerous dont get get greedy and then sell amd wait to short on the first red day like tim said
@joseivanpharah-1774
4 жыл бұрын
Cory McCarty Thank you!
Good video 🙌🏼🙌🏼
@TimothySykesTrader
3 жыл бұрын
Thank you
Thanks Tim, Profitable so far!
@TimothySykesTrader
3 ай бұрын
study up!!
Hey tim your a very smart man