Trading Patterns Prediction: Can You Predict A Morning Panic?

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Trading Patterns Prediction: Can You Predict A Morning Panic?

My favorite pattern right now: dip-buying morning panics.

Do you know how to predict morning panics?

These bounces can be very quick — you need to learn so you’re prepared.

The more educated you are, the better prepared you’ll be. You can’t just dip-buy anything that’s crashing — that’s a recipe for disaster. You need to study the history and patterns.

Pay attention to the indicators when you dip-buy. Because dip-buying sucks when you ignore the indicators.

What should you look for? Plays that are up over several days, and not affected by negative news. If the stock is down due to stop losses, that can lead to a nice bounce.

Why do these stocks bounce? Because there are two groups of people waiting to buy on the dip: short sellers and those who missed their opportunity on the big run-up.

Once you determine why the stock is bouncing, how do you know where the bottom is? You need to consider things like the patterns, previous support, bid stacking and level 2. And where was the stock was before its spike?

This is not an exact science. Learn what to look for so you can be prepared!

Do you trade morning panics? Why or why not? Leave a comment below and let me know.

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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: https://www.timothysykes.com/terms-of-service/