Timothy Sykes
@timothysykestrader·479K subscribers·3.4K videos
Long Term Investing vs. Day Trading - Check Out Heckler at 29 Minutes
Posted
February 13, 2019
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43,536
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February 13, 2019
43,536
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You won't believe what happens at minute 29! 🤬🤬🤬
There are many different styles of trading. It’s up to you to determine what type of trader you are. What trading styles appeal to you and your lifestyle?
You need to check out this interview I did with Marin Katusa.
Whether you trade long or short, my number-one rule is cut losses quickly. I learned the hard way, but I’m grateful for what I learned from this failure: how to manage my risk.
I trade long; I trade short. I’ve been successful using both strategies.* A big key is following trends. Focus on stocks hitting new highs in any sector. Don’t try to predict the next big winner.
Another key: Always follow the market. Even when you’re not trading. Look for volatility — plays on the way up and down.
The beauty of trading is you find what suits your personality and what you’re comfortable with. It’s all about you.
This even applies to your broker preferences. I had no idea stockbrokers still existed. I use all online brokers. The internet is the future. Maybe that’s your style, or are you more traditional?
Martin has a cash style. I’m more of a FLASH style; I motivate my students to learn.
Watch me play the long term investing vs. day trading for some of the hottest stocks.
Do you prefer trading long or short? What are your predictions for the next 12 months? Leave a comment and tell me which stocks you’re watching now!
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Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.*
#TimothySykes #PennyStocks #Investing
* 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
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