Timothy Sykes
@timothysykestrader·479K subscribers·3.4K videos
Why My Trading Is Best When It's Counterintuitive
Posted
June 25, 2021
Views
4,470
Likes
195
Comments
35
Engagement
5.15%
June 25, 2021
4,470
195
35
5.15%
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In theory, today should have been a good trading day for me … I had enough sleep and my internet connection was great all day. So, why did I have three losses in a row? And what did I learn from these losses? You have to watch to find out!
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🔴 FULL DESCRIPTION:
I’m in Miami where I surprised my dad for the holiday, and I want to give a trading recap from this morning.
Overall I did some pretty bad trading … But I stuck to my #1 rule: cut losses quickly.
So let’s break down my situation…
I’m well-rested because I slept a sufficient amount of hours, and my Wi-Fi was pretty good today.
Sounds like a setup for a great trading day, right?
In truth, it actually contributed to my bad trading day. That sounds confusing, I know.
But trading is so counterintuitive.
If you get used to having good setups and are primed to trade all day without interruption…
You can find yourself forcing trades and seeing setups that aren’t that great. Your discipline for letting good trades come to you can end up on the back burner.
This isn’t to say that being put in a position where trading can commence freely is bad for everyone…
It’s just not the ideal situation for me. I perform my best trades on no sleep and where the Wi-Fi is spotty. That’s because it helps me to be more selective with my setups.
So, if you’re like me, watch this video to learn from my day of losses … Find out what you can do to give yourself the best trading opportunities.
I’ll go over my whole trading day here — including the stocks and their charts.
Do you understand this counterintuitive video lesson? If so, then comment below and let me know what you think.
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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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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.)
