Answering Questions From My Stock Trading Students
April 5, 2019
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5:49Now PlayingAnswering Questions From My Stock Trading Students
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as posted by the channel[Answering Questions From My Stock Trading Students]
Lots of students want to know how to start. Where should they start. When is the right time to start trading? Many traders have similar questions. These students had the chance to ask me one question. Watch to hear what they ask … maybe you have the same question.
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FULL DESCRIPTION
I love sharing my knowledge with you. I want to help you become a self sufficient trader. Why do you think my students are so dedicated? What do you want to learn from me? These students had the chance to ask me one question - watch to hear what they asked!
My first piece of advice: don’t invest in stocks, invest in yourself.
Before you can start trading you need to learn the process; the patterns. Once you know the patterns you can take advantage of them and trade them.
What kind of account did I start with?
When I started - cash. You don’t need leverage. You should be trading smaller than you think in the beginning.
How do I start trading with a 9 - 5 job?
Don’t worry about trading. Start by studying — whenever you can. Focus on gaining knowledge and experience. Test and find what works for you.
How long until I can start trading?
Everyone learns at their own pace. Don’t have that mentality. There is a lot of information you need to learn: patterns, key indicators — start with my YouTube videos.
You can’t speed up education. You need to be willing to study and put in the hard work.
How much dedication does it take?
Trading takes hard work. You will need to be dedicated and disciplined. Most traders lose. Have the right mentality; keep studying and stay dedicated. It will take time.
What are you currently trading?
I adapt to the market. Right now I’m trading long because we’re in a bull market.
When we get back to a bear I’ll be ready for shorts.
How do you feel about missing trades?
I would rather miss plays than overtrade. I pick my spots and that’s where preparation comes into play. If you’re prepared you will be able to take advantage of these opportunities when they come along.
What if I want to learn more about technical analysis? Watch my How to Make Millions DVD. All proceeds from this DVD go to charity!
If you could ask me one question what would it be? Leave a comment with a question you want me to answer!
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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.*
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* 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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