Why Are You Losing Money In The Stock Market?
October 6, 2019
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6:41Now PlayingWhy Are You Losing Money In The Stock Market?
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If you’re losing money in the stock market you’re not alone. So how do you get into the roughly 10% of traders who profit consistently? Watch to learn how to minimize your losses.
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FULL DESCRIPTION
If you’re losing money in the stock market you’re not alone. So how do you get into the roughly 10% of traders who profit consistently? Watch to learn how to minimize your losses.
I've had so many different students who excel at different things. It takes time. Everyone is different. Don’t compare yourself to others...
Sykes has this good process with cutting losses quickly; Tim Grittani stays in trades longer; Michael Goode is very meticulous; Mark Croock trades a lot; Roland likes dip buys.
Look at all of my most successful students, see what works for them, and then try to implement that in your trading. Ask yourself why you’re losing and learn to minimize your losses.
Rule number one: cut losses quickly. And when you do lose, learn what not to do. Keep testing, keep tinkering, keep trying. You will, and you can turn it around if you give yourself enough time.
What is your experience with trading losses? What have you learned from those losses? Where are you in your trading journey now?
#TimothySykes #Pennystocks #Investing
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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.*
* 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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