January 8, 2020
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How do you find stocks and trades? If you don’t look for these three things in EVERY trade, you’re behind the curve. Don’t miss this vital lesson!
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There are so many things out there to trade…
Low-priced stocks
High-priced stocks
ETFs
Forex
Cryptocurrencies
Futures
Options
... just to name a few.
But regardless of what you’re trading and what size your account happens to be, there are certain qualities you should look for in EVERY trade.
In this video, lead trainer at StocksToTrade Tim Bohen shares three qualities you should look for in every trade before you buy or sell.
Originally one of my students, Bohen’s spent a lot of time finding his niche and refining his trading techniques. Not only is he a teacher/mentor for StocksToTrade Pro, but he’s also the co-host of the mega-popular SteadyTrade Podcast.
My point: listen to what Bohen has to say –– he’s a highly skilled and knowledgeable trader.
The three qualities he presents here are fit for just about any type of trading…
... whether you’re day trading and holding positions for mere minutes
... whether you’re swing trading over weeks
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... or making long-term investments.
In the video, he explains important factors you should consider before executing any trade.
For example, why does the stock chart matter? Bohen loves charts, and you should, too ... regardless of how long you intend to hold a position. There’s so much information in stock charts. These are key tools that can help you avoid the emotion that rules so many traders and causes them to lose money.
You’ll learn what chart time frames you should specifically look for ... and what fakes out so many traders who lose big.
Bohen looks to the chart to support every trade, and he explains why it’s so important to
“look left to predict right.” And find out why you should look at breakout charts — multi-day, week, month, and year.
You gotta know how and when to dig deeper!
Bohen also talks about how to maximize your trading time by focusing on hot sectors. It’s not just about looking for stocks in those sectors –– there’s an art to the approach.
By using the approaches discussed in this video, you can learn to spot the best opportunities faster and take advantage of them.
What qualities do you look for in your trades? Leave a comment! 👇👇👇
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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