June 25, 2020
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Do you know why I take it one trade at a time? Having a solid plan for each entry and exit is just as important as studying the patterns. Tune in to see how I traded today. This is how small shares can mean big moves!
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Another day, another dollar…
And more crazy moves in the stock market today. I’ll tell you about them here.
Do you like when stock shares are under a dollar? I sure do…
And most of today’s big movers had shares for those prices — meaning a spike for any of them was a huge deal.
In a market like this, it’s highly possible to make 5, 10, 15, EVEN 20 TIMES your money in just a few days.
Of course, you need the right knowledge and the execution of a trained sniper … But if there was ever a perfect time to jump in this niche, it’s definitely now.
I know people hate on penny stocks, and they have every right to do so … But when the market’s this volatile, the potential is undeniable.
One of the lessons I mention here is that it’s better to focus on one play at a time — at least for me. I can’t be invested in too many plays. Otherwise, it lessens the chances of me executing each one properly.
And at one point today, there was a stock I chose above the others. I had to exit some plays so I could focus on this one — tune in to see which stock I chose and why.
Keep in mind that it doesn’t matter if you’re trading with a small account, a large one, or even just paper trading. The point is you’re learning, and you’re scaling up as you go. Just take it one trade at a time…
Now, If you’re trading and selling too soon, who cares? I always sell too soon … And It’s because I normally have a specific outcome in mind. So, I don’t wanna be greedy and chance it.
Watch this video to learn more about morning panic dip buys, which patterns you shouldn’t chase, and why it’s important to have a plan before trading.
Whether you’re learning, earning, or just witnessing … Leave a comment below if you understand why this market is beautiful. Say, “I love this market.”
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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 are not typical and will vary from person to person. Most traders lose money. 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