How I Made Over 200% In 8 Months By Trading Earnings Winners Part Time
Originally posted on profit.ly
When looking around the profit.ly website, it is clear to me that there are very few people trading earnings winners. This is understandable, given the fact that it’s a secondary strategy for Sykes. Less than 25% of his 275 trades this year have been earnings winners, and only about 12.5% ($20.5k) out of his 158% gains ytd were made by trading these stocks. Based on my observations over the last 5 years as a Tim Sykes subscriber, I must say he is a master day trader, and scalps earnings winners better than anyone I’ve ever seen. This is an incredibly difficult practice to replicate (at least for me), so while I got the idea of trading earnings winners from Tim, I do not follow the same approach in trading earnings plays. It simply does not work for my personality or my schedule. Obviously everyone is different, and no strategy is meant to be replicated...
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