First Green Day OTCs: A Pattern Every Trader Needs to Know!

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  • Опубліковано 15 лис 2024

КОМЕНТАРІ • 338

  • @TimothySykesTrader
    @TimothySykesTrader  4 роки тому +28

    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
      @ThanFam 4 роки тому +4

      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
      @tajgray9055 4 роки тому +2

      Yep first Green Day OTCs is a great pattern

    • @toolgirl30
      @toolgirl30 4 роки тому +3

      @@ThanFam I was wondering that too

    • @achille295
      @achille295 4 роки тому

      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
      @isabelanobell2011 4 роки тому +1

      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!

  • @Suzyq0920
    @Suzyq0920 4 роки тому +6

    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.

  • @c.p8966
    @c.p8966 4 роки тому +4

    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.

  • @momo-xh3bm
    @momo-xh3bm 4 роки тому +8

    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!

  • @davidtam5479
    @davidtam5479 4 роки тому +7

    This is one of the best 10 minutes I spent on UA-cam! 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!

  • @match219
    @match219 2 роки тому +2

    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.

  • @kevinhowe8725
    @kevinhowe8725 4 роки тому +1

    I bought your book and some other lessons. Watch a lot of your UA-cam 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

  • @alanfriedman5037
    @alanfriedman5037 4 роки тому +4

    Thanks Tim, at what time or point in the day do we know it’s a green day??

  • @earthpilot8500
    @earthpilot8500 4 роки тому +1

    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

  • @johngildea3080
    @johngildea3080 3 роки тому +2

    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
      @rizwanhumayun8353 3 роки тому

      just completed day 14 now, but I need a study partner badly!

  • @anthonymurzyn2424
    @anthonymurzyn2424 3 роки тому +1

    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

  • @andreagabrieli568
    @andreagabrieli568 11 місяців тому +2

    Thank you! I love this pattern!

  • @darnell1011
    @darnell1011 2 місяці тому +1

    Thanks Tim I know those slow people, I was one. This pattern finally brought light to my understanding.

  • @crystaldingman4047
    @crystaldingman4047 4 роки тому

    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!

  • @LosisDope19
    @LosisDope19 4 роки тому +1

    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!

  • @jayculotta5561
    @jayculotta5561 4 роки тому +1

    I love your sense of humor!
    I am learning and appreciating your teaching. Going through your 30 day Bootcamp right now.

  • @gsingh144
    @gsingh144 11 місяців тому +1

    Thanks Tim for sharing and teaching, timeless pattern!

  • @matta5194
    @matta5194 4 роки тому +2

    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

  • @travistexian
    @travistexian 3 роки тому +1

    I am new to this, and doing paper trade practice on Etrade. Always grateful for your insight.

  • @bernardmphatswa4048
    @bernardmphatswa4048 6 місяців тому +1

    Which Brokers can one use to trade OTC stocks

  • @alanfriedman5037
    @alanfriedman5037 4 роки тому +3

    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
      @kylewonner6856 4 роки тому +3

      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

  • @troyyarbrough
    @troyyarbrough 4 роки тому +2

    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.

  • @Hellokittylover350
    @Hellokittylover350 4 роки тому +2

    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!

  • @troygran8247
    @troygran8247 4 роки тому

    Hey Tim, does this strategy only work with OTC stocks? Or is nasdaq listings acceptable as well?

  • @1Sulster
    @1Sulster 3 роки тому

    One of the easiest trades to learn for the Newbie., Love it! Thanks for all you do Tim!

  • @royeweatherford
    @royeweatherford 4 роки тому

    Boot camp day 14 assignment, following through all of the steps to get max return from the program. Thanks boss!

  • @doodyfly671
    @doodyfly671 4 роки тому +3

    One of my favorite UA-cam lessons I ever watched. Thanks.. great video.💯

  • @lauraim9
    @lauraim9 4 роки тому

    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! :)

  • @stevestpierre4685
    @stevestpierre4685 3 роки тому

    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

  • @mrs.bucket7826
    @mrs.bucket7826 4 роки тому

    This FGD rundown totally described the action on IGC yesterday and today. It was a beautiful (profitable) thing! Thanks Tim!!

  • @kuangliang89
    @kuangliang89 3 роки тому

    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.

  • @prestigeempire4530
    @prestigeempire4530 4 роки тому

    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

  • @Adiplaytime6750
    @Adiplaytime6750 4 роки тому

    I've never traded OTCs but armed with information after studying will include 1st green day strategy. Thanks so much

  • @alanfriedman5037
    @alanfriedman5037 4 роки тому

    Thank you Tim . Keeping my eye out for slow thinking people. Is there a screener for Stocks Slow thinkers are thinking about????

  • @She_Tried_It
    @She_Tried_It 3 роки тому +1

    If an OTC is about to go onto NASDAQ, should I buy before it goes, hoping for a rise? Or wait and let it drop? IN SHORT: Does an OTC typically rise first when it hits NASDAQ?

  • @gazza363
    @gazza363 Рік тому +1

    I shall watch out for the First Green Day pattern with a history of spikes. Thanks again, TIm.

  • @jotrades6402
    @jotrades6402 2 роки тому +1

    Thank you soooo much for being real and giving so much knowledge.

  • @golfr7k1
    @golfr7k1 4 роки тому

    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?

  • @kariannebytheway543
    @kariannebytheway543 3 роки тому +2

    It makes perfect sense. I haven't traded yet. Still studying everything I can.

  • @tzenasmith5616
    @tzenasmith5616 3 роки тому

    1st Green Day and how to find it gives great potential opportunity. Thank you for the insights!!!

  • @rhondasullivan1535
    @rhondasullivan1535 3 роки тому +2

    Day 14 :) Thanks Tim. I'm learning!

  • @iy3133
    @iy3133 2 роки тому

    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?

  • @manuelaguirre9487
    @manuelaguirre9487 4 роки тому +1

    hey Tim what broker can i use if i want to trade from mexico i am not a US citizen i am Mexican but i want to trade on the NYSE so which broker can i use ?

    • @TimothySykesTrader
      @TimothySykesTrader  4 роки тому

      read this: www.timothysykes.com/blog/best-online-brokerage/

  • @DavidSmith-vo3nd
    @DavidSmith-vo3nd 4 роки тому +1

    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.

  • @danielperkins2675
    @danielperkins2675 4 роки тому

    Hi, I was wondering what the age requirement is for your challenge?

  • @TheAnigai
    @TheAnigai 4 роки тому +1

    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.

  • @LjTrader
    @LjTrader 4 роки тому

    Are these plays seen in the current end of the year Q3 market? Was this a good play that you have been hunting for earnings or positive PR. Would catalysts attached and add to a multiday runner?

  • @markfrazier7442
    @markfrazier7442 4 роки тому +9

    They are dealing with bail and therapy ... they have a busy life. LOL!

  • @maricruzperaza-aranda6988
    @maricruzperaza-aranda6988 2 роки тому +1

    I am just learning and getting ready to start trading with all of you.

  • @dreadfalife2274
    @dreadfalife2274 4 роки тому +2

    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

  • @haha52243
    @haha52243 4 роки тому +1

    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

  • @knm185
    @knm185 Рік тому

    for a trade like this example, what is the minimum account size you need to do this?

  • @BullyMangler
    @BullyMangler 4 роки тому +1

    This is the 7th time I listen to this.
    Im excited for your stock reveals 4 tonight!!

  • @michaelscottlongo
    @michaelscottlongo 4 роки тому

    How many days should the stock be red before it's considered a first green day? Thanks Tim... Your a savior for many people 🙏🏻

  • @osiobe14
    @osiobe14 4 роки тому

    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.

  • @donovandewhitt4916
    @donovandewhitt4916 4 роки тому +1

    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

  • @kevhuy184
    @kevhuy184 4 роки тому

    does it have to be OTC? what about NASDAQ penny stocks?

  • @murdomccoll5169
    @murdomccoll5169 4 роки тому +1

    Lovin it, doing the 30 day bootcamp, thanks Tim.

  • @alfredoandrade7279
    @alfredoandrade7279 3 роки тому +1

    Thank you Tim for educating me with OTCs.

  • @jamestower3748
    @jamestower3748 4 роки тому +3

    Thanks Tim... I'll be watching for this pattern going forward.

  • @Savvyupgal
    @Savvyupgal 4 роки тому

    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
      @Savvyupgal 4 роки тому

      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 ?

  • @dannyhardwick40
    @dannyhardwick40 2 роки тому +1

    Thanks Tim Skyes, I'm learning studying

  • @rajkumargautham
    @rajkumargautham 4 роки тому

    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.

  • @romangrom6853
    @romangrom6853 4 роки тому +1

    Thanks Tim, how do you tell the stock is OTC?

  • @bonniemcdonoughbiz
    @bonniemcdonoughbiz Рік тому +1

    Will watch for this pattern. thanks for more info about this pattern.

  • @anthonyphillips6065
    @anthonyphillips6065 3 роки тому

    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.

  • @MrWesKennedy
    @MrWesKennedy Рік тому +1

    Starting in the 30-Day bootcamp this week!

  • @yulspotting2408
    @yulspotting2408 4 роки тому +1

    Finally starting to make sense to me after reviewing over and over and over. Thanks

  • @gloriawilliams1030
    @gloriawilliams1030 Рік тому

    I'm just taking your bootcamp now, but I may start with these patterns first.

  • @grahamnorth2478
    @grahamnorth2478 4 роки тому

    great video--each time I watch I see/learn something new. back to the books... love this bootcamp!

  • @mosessalazar4576
    @mosessalazar4576 4 роки тому

    Does the trading challenge include set-ups and how to use them?

    • @TimothySykesTrader
      @TimothySykesTrader  4 роки тому

      contact me to get a list of everything included: timothysykes.com/contact

  • @mikejoiner109
    @mikejoiner109 4 роки тому

    I picked a stock last night(paper trade) I was absent the next morning and got back to my computer around 11:30AM. It had gone up $0.25 and I would have sold, came back in the afternoon and it was down. I will keep paper trading until I gain confidence.

  • @roxannedusenbery9421
    @roxannedusenbery9421 Рік тому +1

    /This was a great video, I am starting to slowly understand some patterns, Thanks Tim

  • @leot2646
    @leot2646 4 роки тому

    Is first green day and flat top breakout same?

  • @FrostyInvestor
    @FrostyInvestor 4 роки тому +1

    yes great pattern ...loved the new idea! First green day and selling on the gap up next day ...i like that.

  • @tango2kilo
    @tango2kilo 4 роки тому +1

    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

  • @nevinkuser9892
    @nevinkuser9892 4 роки тому

    Great explanation. I loved the part about not being able to buy pre-market which stacks up the buy market orders. Really fantastic. 👌

  • @michaelb75
    @michaelb75 4 роки тому +1

    I have a small account n trade OTC stocks EOD swing into next dat - thanks for educational videos hope to start growing my account

  • @davidcruz766
    @davidcruz766 2 роки тому +1

    I will look for this pattern from now on! Thank you

  • @DASHERO_X28
    @DASHERO_X28 Рік тому +1

    Day 14 of bootcamp. Seems legit. lol Awesome strategy. Thanks!

  • @theharshcritic1073
    @theharshcritic1073 4 роки тому +1

    Tim... You are hilarious!!! Your videos make my day!! Informative, yet entertaining!!! 🤣🤣🤣

  • @chaytonfarlee635
    @chaytonfarlee635 3 роки тому

    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!!!

  • @lindsaydiamond11
    @lindsaydiamond11 Рік тому

    Lol, I have been a slow trader because that's all I knew. I am getting used to the faster pace 👍 I have not traded OTC but a couple I own have become OTC

  • @DarinDmarkovic1
    @DarinDmarkovic1 4 роки тому +1

    so basically what you mean by first green day is a breakout through the high of the consolidation?? correct

  • @isaacbaiden8605
    @isaacbaiden8605 3 місяці тому +1

    Great information, thanks Tim

  • @bullionairetrader8046
    @bullionairetrader8046 4 роки тому

    This is a great strategy. OTC stocks are not my favourite though but I'm not opposed to making money if the opportunity arises. Webull and Yahoo Finance don't even show the real time prices or volume. Even if you go to OTC market's web page, you don't get real time quotes unless you refresh the page constantly. Even my bank doesn't give real time quotes for OTC stocks unless I constantly refresh the order page. I would need a better set up to trade OTC.

  • @kristenrothermund8537
    @kristenrothermund8537 4 роки тому

    It adds up over time! Learning while saving for your challenge. I’m your first female millionaire.

  • @sandylockridge9814
    @sandylockridge9814 4 роки тому

    Where do u setup stock account
    I am really new at this

  • @VirginiaTrailCams
    @VirginiaTrailCams Рік тому +1

    New to the game..very informative fun video thank you

  • @alfredoandrade7279
    @alfredoandrade7279 3 роки тому +1

    I have never trade OTC. Thank you Tim.

  • @mattsskyline
    @mattsskyline 4 роки тому +6

    Hey tim what's considered a first green day

  • @alejandroalvarez9450
    @alejandroalvarez9450 2 роки тому

    Hi Tim good afternoon yesterday I by a 30 days bootcamp plus 12 hours from dux how to short for $36.00 and I receive the 30 days bootcamp but I don’t see the 12 hours how to short do you know how can I get that thanks. Alejandro

  • @tedspeed3338
    @tedspeed3338 4 роки тому

    $dsgt ? First green day Friday 8/21/2020, then spiked Monday 8/24/2020? Looks like a little news on 8/21. Would this be an example? (It was on your weekend watch list too, 😉)

  • @juliocorona3868
    @juliocorona3868 4 роки тому

    Great pattern I will go back a study this one an dip buy pattern again until i can profit on them consistently. Thankyou tim

  • @raulcolon7627
    @raulcolon7627 2 роки тому +2

    New trading stocks “in general” like 👍🏽 this video, will continue watching until it sinks in

  • @K9ConnectionCorner
    @K9ConnectionCorner 2 роки тому +1

    Great info! Thank you!

  • @toolgirl30
    @toolgirl30 4 роки тому +3

    Badass!! Thanks again. I started paper trading!!!!!!

    • @tendernessforthemonster4517
      @tendernessforthemonster4517 4 роки тому

      with stocks to trade?

    • @toolgirl30
      @toolgirl30 4 роки тому

      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
      @TimothySykesTrader  4 роки тому +1

      👍👍

  • @cuson13
    @cuson13 4 роки тому

    Rewatch over and over non stop! Thanks Tim!

  • @Spiritualawakeing2024
    @Spiritualawakeing2024 4 роки тому

    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

  • @justinkramer05
    @justinkramer05 4 роки тому +1

    Never traded otc. But good video. Not in my wheelhouse yet but learning new things every day.

    • @TimothySykesTrader
      @TimothySykesTrader  4 роки тому

      i highly recommend it- as long as you learn all you can and trade smart