September 29, 2020
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10:20Now Playing🔴 Join me this FRIDAY for a live trading session
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I got handed one of my biggest losses in months today … Wanna know how I handled it? Whether you’re new or experienced, you must know this. And find out how you can watch me trade live. Tune in!
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🔴 FULL DESCRIPTION:
Even though I made $7K today,* I had my worst loss in MONTHS…
I’ll tell you all about it in this video. Pay attention to how I handled this loss and how it happened.
The stock responsible for my big loss was Ambow Education Holding Ltd. (NYSEAMERICAN: $AMBO).
The good news is that I was actually able to bounce back…
How?
Well for one, I already expect the worst out of these companies. So when their stocks tank, I’m not surprised at all.
Too many people expect profits on every trade. They believe the market owes them from time to time.
That’s absolutely wrong. The market doesn’t owe anyone ANYTHING.
So if you start to teach yourself how to expect the worst on every trade, you’re already better off.
And just because a stock has an amazing run-up, don’t blindly trust it. It can turn around in a heartbeat. That can happen with any stock at any moment.
It’s all about odds — especially with penny stocks. These are the most volatile stocks out there. And the odds of a penny stock changing course, getting halted, or becoming choppy are all extremely high.
You must understand this concept, whether you’re a new or an experienced trader.
And another thing: Don’t try to figure out why a stock is going against you. Learn to react to what’s happening as fast as you can.
Watch this video to hear more details about how I traded today…
And check the links above for my Market Mastery event this Friday. That’s my all-day, live trading webinar where I’ll be available to answer your questions in real time.
Leave a comment below if you plan to join me for the live trading event on Friday — I wanna know who’s gonna be there!
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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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* Timothy Sykes teaches skills others have used to make money. Most who receive free or paid content will make little or no money. Any results displayed are exceptional and are not typical and will 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. Do not invest money you cannot afford to lose. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services. Past performance in the market is not indicative of future results. See Terms of Service here