Hey everyone today we're going to be talking about the best way to find some of the best trading opportunities without getting too far into the weeds and minutia. So welcome back everyone! I Am lead trainer with stocks trade Tim Bowen Um, got an amazing Channel Definitely check out everything here. where today we're going to be talking about a little more of a fundamental idea, but if you're looking for those chart patterns, technical analysis indicators Etc be sure to subscribe to the channel. So we're gonna be talking about Sympathy Plays today.

and the reason uh, we love love Sympathy plays is at the end of the day. It's just simple. Um, and I'm a big fan of the Kiss method as they say, keep it simple. stupid.

um yeah, I was a new Trader just like you 17 years ago and I think back about some of the stuff that I would focus on and on the and the indicators and and the things I was looking at and at the end of the day I would spend all this time just looking at the wrong stuff. It's like you know, looking at the forest for the trees as they say and the more simple you can get, the better. You can capitalize on the opportunities because the faster you can be at the end of the day if you're running 50 different scans and you're looking at all these financials and chart patterns and and while they're valid, you can't get to the point where you're looking at too much information because it slows you down and quite frequently it just missed you. Miss opportunity out there.

So the reason we love Sympathy plays is they're very heavily based on hot sectors. You've probably heard me say it. You probably heard. Tim Sykes Say it, You probably heard every successful day.

Traders Say focus on hot sectors and the reason we say that is think of like Tesla Okay, obviously. Tesla Greatest electric vehicle company ever in the history of mankind Maybe Be the most advanced, technical, uh company ever just changing the world I Mean you look back at what Tesla has done in the last few years. it's it's incredible. Now you think back before Tesla did the split.

it was trading at like twelve hundred dollars a share. So this is a year or so ago, so pretty much no small Trader wanted to trade Tesla I mean what do you do? You buy one share and it goes up 50 bucks and you make 50 bucks that day. I mean that's it's just difficult. or maybe you buy two shares of Tesla and it's a huge company.

it only moves so much so. what we love to do when Tesla's in the news, which is almost every day, is we look for those low price sympathy plays because now they're in the hot sector in this instance, electric vehicles. and when the big boy, the leader, the head of the snake as we like to say starts going wild and starts running and everyone's freaking out. Oh my Gosh! Tesla's up three percent.

You know? which is you'll see on CNBC Tesla's up four percent. Today you'll see these low price plays go up 40 or 400 percent or a thousand percent. Which happens. It's rare, but it happens.

and because of that, there's also quite typically, typically many of them. So it's like even when Tesla kind of quiets down if you're only trading that one stock. Okay, now Tesla's not really doing anything today. I Got no trades to make.

What happens with the low price plays is one spikes up, then the next day, another one next day, two or three of them. day after that, four of them, day after that, maybe one of them it became. It comes like this swarm type thing and it just creates the best trading opportunities. Because what happens is and maybe you fell into this trap.

never fall in this trap. People are like oh, this stock, you know XYZ Motors is the next. Tesla Muln is a great example of this. If you've been on the channel, got a bunch of great videos actually about my buddy.

you know, trading muln for months and months and months. I begged him to just ditch that stock. It's not the next. Tesla You go back to those videos I think it's 80 or 90 percent lower.

They did a reverse split, actually went 80 90 percent lower after the split. I Mean it's just absolute destruction, but every day I Get people saying hey, is this the next Tesla I'm like no trade The price action recognize hot sectors. Sure it was an EV maker, but the price action's down every single day. So if you have that mindset, you know.

Okay, you know that this is just a trade. This is a battery play or this is a Charger player. Maybe it's a low priced EV play and as long as the head of the snake is continuing to run I Can day trade these? maybe short-term swing these and grow my grow my trades and this actually works in In in other uh, you know, uh sectors as well. Like if you're thinking like Otcs? okay, uh.

over-the-counter stocks. These are like the true true penny stocks. You know that with Otc's and they'll be all different sectors. like like what's interesting about the over-the-counter stocks, they could be completely different weed stock and automotive and and biotechs but they just warm up together all of a sudden there'll be one big OTC Runner and then you'll have 15 OTC Runners over the next couple weeks in all different Industries But Otcs are a hot sector.

the uh, the other ones out there are like reverse splits. It's actually been a while. I Think we're due for a reverse split hot sector I Think back a couple years ago, basically every stock that did a reverse split would just be this epic Runner day one. Typically they'd calm down on day two and then they'd be an amazing day three.

Surge Didn't matter what sector they were in, didn't matter what business they were in, they were just a reverse split. So these are all these intricacies that we talk about every single day to focus on the best trading opportunities. Now, some of that might be confusing to me. you might be sitting there and being like, well, how he just said that this company isn't the next Tesla Well, how can we trade it? Go back and look at some of these.

Runners Thousands of percent over weeks, sometimes 100, 200, 300 percent in days. And if you know how to recognize these things, that's the trade you want to make. and if the whole idea of different businesses, but being Otcs is confusing or reverse splits or dilution plays or even bankruptcy plays again. It's been a while since we've had a bankruptcy run, but it's funny.

Every now and then you look back at Bed Bath and Beyond was one of them. Um, there were a couple other bankruptcy plays that ran with that. They get that Q Ticker on the end and almost all of a sudden when they're hot, they'll be huge Runners They'll be like a five cents and go to 15 cents on the day. All ends badly.

events eventually. But if you know to recognize the cues as a hot sector, you can trade those opportunities as well. a lot of minutia in this video and kind of got in the weeds even though I said it wasn't going to. But if it does, if it's confusing and you're trying to focus on these things every day.

Listen: I Love these YouTube videos I Think we have the best YouTube channel in the trading World Be sure to subscribe but at the end of the day. Listen, this video is pre-recorded Okay, you could be watching this a week after I recorded it, or a month after. or maybe three years after. If you check out the link below to the Daily Income Trigger System Live Trading webinars, they are exactly that.

Where we go over: hey, what's the Hot Sector today? Hey, what are the sympathy plays today? What's working out there right now if we do that, If you're on those live webinars six times a day, eight in the morning to nine at night even on weekends and 100 free, you'll be ahead of the curve. Check those out and hope to see you on the Daily Income Charter system webinars. Thank you.