Timothy Sykes
@timothysykestrader·479K subscribers·3.4K videos
Why Patience and Trading Go Hand in Hand
Posted
March 21, 2021
Views
8,279
Likes
290
Comments
32
Engagement
3.89%
March 21, 2021
8,279
290
32
3.89%
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12:01Now PlayingThis presentation is for educational and informational purposes only. Results are not typical. Always do your own research as trading is inherently risky. You should not mirror the trades or alerts of the instructors and attempts to do so may result in substantial financial loss. Past performance is not an indicator of future results. From January 1, 2020, to December 31, 2020, typical users of the products and services offered by this website reported earning, on average, an estimated $49.91 in profit. This figure is taken from tracking user accounts on Profit.ly, a trading community platform. Tim Sykes owns a minority stake in StocksToTrade.Com
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Sometimes, trading is a waiting game. That might cause you to under-trade or miss plays. And you have to be 100% OK with that. Watch this video to find out when you should be patient and why this strategy is useful when you’re trading one pattern in particular!
LINKS Mentioned:
🔴 How I Look For Morning Panics On Monday Mornings
🔴 How You Can Spot the Perfect Morning Dip Buy
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🔴 FULL DESCRIPTION:
I know that in this market, it’s easy to forget that the majority of traders lose…
But never let an overextended bull market fool you!
All these newbies will suffer in the long run if they don’t actually study the right trading strategies NOW. And no, waiting for a stock to ‘go to the moon’ is not a strategy.
However, waiting is a part of trading in general…
And it’s most likely part of a different strategy than you’re thinking about.
Being as patient as I am when trading will mean you sometimes miss certain plays…
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But remember, FOMO is the enemy. Forget those missed opportunities. There are so many more if you just wait for the setups to come to you.
Now, how else is patience key to becoming a better trader?
You’ll have to watch this video to find out!
Plus, Bryce Touhey joins me in this video. He’s not that new but he’s gaining some traction in terms of becoming a better trader.*
Get his insight on the trading lessons and plays of this video!
After watching this video, do you get when it’s necessary to have patience in trading? If you do, comment below and say, “Waiting is a part of stock trading.”
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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.*
(All content on this website is intended for educational and informational purposes only.
The material on this website is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following the instructor’s strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by the instructors to adjust for those fluctuations may change without notice.
There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments.
You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.)
