Some traders like to call me their trading dad…
It’s okay with me. I love being a dad. And I love sharing my trading knowledge.
And one of the proudest moments a dad — or mentor — can have is when their children or students thrive without them…
This is why I believe in teaching traders to become self-sufficient…
Build the foundation of knowledge and experience so you can create a trading career that can last you years…
Join a community and meet other traders so you can work together to achieve your goals.
That’s what SteadyTrade Team members did yesterday.
They executed a plan and alerted patterns in chat … And they did it without me…
How to Execute Trade Plans
Why was a chat pump my number one watch yesterday? Because the stock has hung around for a week.
Pineapple Energy Inc. (NASDAQ: PEGY) checked a lot of boxes…
- Chat pump survivor
- Multi-day runner
- Holding near its highs
- Low float
- Great volume
- Multi-day breakout
That’s why I thought it had the most potential to run. I mean look at his multi-day chart … It’s beautiful…
PEGY chart: 10-day, 1-minute candle — courtesy of StocksToTrade.com
So when it broke above $5.20 in premarket due to a chat pump — the squeeze was on.
When I went live for my SteadyTrade Team webinar, I knew it was my number-one watch…
I laid out my plan with an entry above $6.50. Gave them my risk level and goal, then I had to take off…
It was a shorter webinar than usual because I had a flight to catch.
So when PEGY made her move after the market opened, I missed it…
But SteadyTrade Team members knew what to do…
Because once I lay out my plan, it’s just about executing.
And even without me there to tell Team members what to look for, they still spotted another winning trade idea all on their own…
And check out his incredible move…
This is why having a trading community is crucial to your success.
Have a mentor. But also surround yourself with like-minded traders, a support system, and encouraging friends…
That’s what I’m doing live and in person on Monday in Miami.
And if you want to join me, there are only a few seats left — grab your Tim Sykes NFT and join a complete community of traders sharing their knowledge LIVE.
But if you can’t make it in person, the next best thing is to join me live every morning in Pre-Market Prep. (Joining also gives you access to my all-new special report.)
And keep opening your Daily Accelerator emails. I’ll share tidbits and presenters’ live lessons on Monday and Tuesday.
Have a great day everyone. See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade