Timothy Sykes
@timothysykestrader·479K subscribers·3.4K videos
Why You Should Always Trade Scared
Posted
August 15, 2021
Views
5,109
Likes
205
Comments
76
Engagement
5.50%
August 15, 2021
5,109
205
76
5.50%
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14:13Now Playing🤑👇🏻 EXPAND DESCRIPTION for more LINKS 👇🏻🤑
Do you know how to trade the most volatile stocks in the market? Scared — that’s how! Don’t let anyone tell you that you always have to be confident in your trades. All trading is risky. Always be careful when you enter the market. Watch this video for a clip of my live trading session and learn from my experience!
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🔴 FULL DESCRIPTION:
Here’s another video reviewing my trades…
I like to do these often so you can learn exactly how to improve and see which of my mistakes you should note.
Plus, you get to see my thought process in the most transparent way — as it comes to me. I’m trying to learn from these videos too.
And you’ll see a clip from a live trading session I’m reviewing and best practices for how to handle the type of situation I was in.
Learning to manage losses is the most important skill in my opinion … That’s why my rule number one is to cut losses quickly.
And although it sounds simple, most traders have a losing percentage or blow up their accounts because they can’t follow this seemingly simple rule.
You want to live to trade another day. And you do that by staying disciplined.
You may think you’ll stay disciplined throughout your trading…
But when you’re in a trade, it’s easier than you think to forget your training.
Your emotions take over, and, if you’re unprepared, all the crucial rules go out the window.
We all have a degenerate gambler in us, and you have to fight hard to stave that bad trader off.
So tune in to see which trade I’m reviewing, how I handled it, and the lessons you can take from it!
Do you understand why it’s necessary to be overly cautious when trading? If you do, leave a comment below and say, “I will trade scared.”
✅ Follow Tim Sykes and his trading travels:
#TimothySykes #PennyStocks #MorningSpikes
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 challenge 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.
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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.)
