Friday Morning Spikes: Learn to Manage Losses Trading Penny Stocks

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I trade more aggressively on Friday mornings. That’s when you can have the biggest spikes. SUBSCRIBE: to get INSTANT alerts when I post a new video outlining my penny stock trading techniques.*

0:30 Just want to go over my Friday trades real quick. Made a few hundred bucks. I think both of these were pretty good trades. You’ll see I’ll frankly try to see which ones can spike a lot. GEVO was on my watch list as a potential dip buy.

2:00 When a stock proves that it can spike big, that tells me, especially on a Friday morning, that it can spike big again. I didn’t sell it. I got a really good execution right in here around 940 because it was just panicking so much.

3:00 Friday mornings, be more aggressive with morning spikers. I caught, I missed the initial morning spike, but I found the dip. And then, I don’t care what happens the rest of the day.

4:00 Normally you should wait for a convincing breakout with news and also this was like the third or even the fourth green day attempt. It’s kind of late in the run-up.

5:00 Do not do this every day. Do not do this if you only have one day trade left. You have to think about what kind of environment are you in. Is it Friday? What is your account size? How many day trades do you have left for the week?

6:30 If you can make 50 or 60 cents a share on a speculative trade and the downside risk is that you lose five or 10 cents, that’s a good trade. The problem comes in with the fact where some people plan to lose five or 10 cents, but they don’t cut their losses.

8:00 I’ve been doing this for two decades now. I’ve been teaching it for over a decade. I’ve personally refined it with my trading. I’ve refined it with my teaching. You guys have to follow the rules.

9:00 In the stock market, in stock trading, you have to learn how to lose well. You have to learn how to manage your losses. The only reason why I finished up on Friday is that I’ve been wrong so many times over the course of my career and I’ve made my peace with it. I don’t mind losing 100 or $200.

10:30 I want you not to be discouraged by any trade, understand that this is a process. It’s exactly trading like this that have now added up to nearly five million dollars for me. I’m not doing anything different, I’m just trading with a small account, and frankly, I’m cutting losses quicker because I have all these eyes on me, and I want to show you good rules.

* 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:


Kasa Har says:

These are excellent videos, please keep them coming Tim. Thank you

Luis Enrique S says:

These basic rules are really important. You make students review them. Thank you Tim!

N R says:

Very useful Tim thank you

Angelique Noher says:

Basics please Tim. Without the basics progressions can’t be made.

jay hawkins says:

Please do more of these!

giacomo ricchi says:

Tim always hype content! where could i find the replay of your summer webinar?? Thanks man! MMP student from Italy!

Travis Sandidge says:

Keep em coming sensei

Matt Donoghue says:

More videos more better…I was watching cron too so glad I was on right track

Rocky321 Rocky321 says:

More videos please they are very useful mate. There's always space for new learnings.

Blake Phillips says:

Keep doing more videos like this. They are very helpful. Thanks Tim!

Ivo Roperto says:

I love the Ferrari anology!

Octo Gamer says:

I'm still mad that I was watching $GEVO go from 4.70 to 8.36. LOL Thanks Tim for teaching me to find stocks like these and know that I could've profited easily. Only my fear held me back from that trade. Don't sleep on Tim cause you're going to miss out a lot of profits this summer.

Susan Jenkins says:

More videos please

RICH 852 says:

Thanks #COACH! All lesson please…

Michael Fortner says:

Tim please more videos like this. When you talk about your thought process before, during, and after a trade it helps walk me through the correct way of trading.

Zaggex Chung says:

Yea. Please make small video lessons with explanation especially on dip buy. That is a wonderful skill to be mastered. Thank you Tim.

Ricky Mahajan says:

Every video helps – thanks Tim!!

nanomantube says:

These videos are very useful, thanks for sharing Tim!

Carrie Jackson says:

I'm in the little stage compared to most, so I like seeing the "littles" I especially like the screen view to learn what I need to watch for. I appreciate the videos, thank you!

Joseph Zinser says:

I want to see them all. Wins and losses. Thanks for the video!!

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