I’m here with TheStreet discussing some of my killer trading tips. No matter how you prefer to trade, you need to stick to some key rules. Let’s check it out! 🔴 Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Share this video with a fellow Trader: https://youtu.be/vPdW3pfyMjI ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2IdCdv6 Subscribe to my FREE weekly stock watchlist here: https://bit.ly/2UPGdrs ✅ Recommended video: https://youtu.be/GO-iRV4GH5Q ✅ Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY Advanced Day Trading Tips: https://www.youtube.com/playlist?list=PLTKUP0v0mxhsG4FCc4go7v4EOvyeNubJS My Millionaire Students – Are You Next?: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ Trading with the Tims: https://www.youtube.com/playlist?list=PLTKUP0v0mxhvhVuORoUdAQ1yCAZ6RAI_R ✅ Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n I’m here today with TheStreet discussing some of my tips for traders. I got into the stock market when I was 18 using my bar mitzvah money. My parents gave me full control of it. They thought I would blow up my account. But I used the internet to educate myself. That's a beautiful thing, and too many people don't realize they can learn nearly everything online. Now, twenty years later, I trade and teach. I trade with a small account, and I donate all my trading profits to charity. I could focus on trading with a big account, but I'd rather trade with a small account to teach others. And every year, I reset my account. So far in 2019, the overall market is on fire! I underestimated it. I was in protection mode after November and December. I was trying to teach and protect myself and my students from the big drop. But then I missed out on a big runner. I also haven't re-strategized. Just because I missed out doesn’t make me want to chase — then it just becomes a vengeance trade. I’d rather play it safe and sit on the sidelines. Let’s talk about a few specific trading styles … When it comes to scalping, you're trying to make a penny or two. While it can add up, it can be dangerous … You’re going for small gains, and one significant loss can wipe out two weeks of scalping gains. I've done that before. I like to go for bigger moves. I opt for patience over scalping. Swing trading is tough, especially after a 10-year bull market. I just don't trust the overall markets. I think we're on the verge of some big crash or something. So I like to be overly cautious. And I don’t use leverage ever. Period. Here’s how I approach the market: I can be a bit of an addict … So I'm endlessly fascinated by different stocks and setups. I have to control that because most setups or stocks will let me down. I focus on MY key patterns. I like to trade like a sniper. I have one or two stocks at any one time. Trade only a few stocks you know. Don’t just chase patterns and stocks you love. A lot of the strategies that worked in the past don't necessarily work right now. You have to keep learning and adapting. Also, trade patterns that you learn over time and that you grow to love. Find strategies that work for you. We're all different. Some people like short selling, some like going long. Use what works for YOU. How old were you when the market hooked your interest? What strategies work best for you? Leave a comment below and let me know! —————————————————————————————————————-
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.* #TimothySykes #Pennystocks #Investing
—————————————————————————————————————-* Results may not be typical and may 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. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/
Category Archives: Stock Trade Resources
How to Find Happiness on An Exotic Island
I'm living my dream life on an exotic island. I want you to live your dream life too! Ask yourself what makes you happy and start working toward it. Only you can make your dreams a reality! 🔴 Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Share this video with a fellow Trader: https://youtu.be/YVieA3hWX3s ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2Ix32JW Subscribe to my FREE weekly stock watchlist here: https://bit.ly/2Ph5mX7 ✅ Recommended video: https://youtu.be/WyivynvTcLU ✅ Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY Advanced Day Trading Tips: https://www.youtube.com/playlist?list=PLTKUP0v0mxhsG4FCc4go7v4EOvyeNubJS My Millionaire Students – Are You Next?: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ Trading with the Tims: https://www.youtube.com/playlist?list=PLTKUP0v0mxhvhVuORoUdAQ1yCAZ6RAI_R ✅ Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION
I like showing you places like this exotic island as visual motivation to get you to study. I get it — sometimes studying can suck! I talk about stocks a lot. But I make videos like this to show you cool stuff. My number-one problem as a teacher is motivating you to actually study everything my team and I work so hard to create for you. There are thousands of video lessons live webinars from me and my top students. We're trying to help you understand the patterns, how to plan, and learn. Visuals like this are important. Why do I travel to places like this? Because financial freedom gives me the opportunity. This is what financial freedom is all about. This is what it can be like to be a trader. This is my life — I’m living my dream life!* Originally, I got into trading because I liked the money. It’s not just about the money anymore. I actually enjoy teaching more. I get super excited when my students do well. And now my charity gets me pumped too. But I need you to understand that you have to focus on you want. That way you can do what you want. Then work tirelessly to achieve that goal. Set aside some time every day and think about what you want in life. Be introspective. Ask yourself what can you do NOW to make yourself happy. Once you answer that, work your butt off to get what you love. Create your own happiness! What makes you happy? How are you working toward your dream life? Drop a comment below and let me know! —————————————————————————————————————-
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.* #TimothySykes #Pennystocks #Investing
—————————————————————————————————————-* Results may not be typical and may 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. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/
3 Lessons On How I Deal With Exhaustion
I’m absolutely EXHAUSTED! I’ve been to seven cities in seven days. It's been insane and I'm a little fried. But it's truly amazing what you can accomplish when you set your mind to it. 🔴 Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Share this video with a fellow Trader: https://youtu.be/1R0MnNe_EOg ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2UuqWNi Subscribe to my FREE weekly stock watchlist here: https://bit.ly/2GdDUXg Project Chicken Soup: https://www.projectchickensoup.org/ Pencils of Promise: https://pencilsofpromise.org/ Bali Children’s Project: https://balichildrensproject.org/ ✅ Recommended video: https://youtu.be/v4VCDo3FF0w ✅ Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY Advanced Day Trading Tips: https://www.youtube.com/playlist?list=PLTKUP0v0mxhsG4FCc4go7v4EOvyeNubJS My Millionaire Students – Are You Next?: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ Trading with the Tims: https://www.youtube.com/playlist?list=PLTKUP0v0mxhvhVuORoUdAQ1yCAZ6RAI_R ✅ Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n I’m so tired! I’m in my sixth city in just six days, and I’m still not finished. I'm doing seven cities in seven days. I know — it’s insane! So let me tell you what you can learn from my exhaustion … First, here’s what I’m up to: GoT premiere, filming video lessons, doing podcasts, meeting with my paraplegic student Anthony (awesome guy, incredible story), speaking at my old college Tulane University, working with this great charity Project Chicken Soup … and finally seeing my parents again after four months. I'm not telling you any of this to brag. I just have a lot going on and you can learn from all of it. Lesson #1: Don't do what I'm doing. Don't push yourself to the brink of exhaustion. Don’t burn yourself out. Space everything out and give yourself a chance to breathe. Lesson #2: Sometimes you can't control what happens. So just go with the flow. Do the best that you can. Granted, I burned myself out a bit, but at least I've been open to everything. I'm not saying you should just say yes to everything. Just think about what you CAN do. You might surprise yourself with what you can accomplish and how much you can push yourself when you’re really open to it. It all comes down to your mindset. Too many students simply don't want to push themselves. They don't want to put in the time or the effort to learn. I’m trying to change that mindset. I want you to strive for the absolute best … and thrive! One last lesson — be more giving. Whether it’s money or time, we all have something we can give. It’s taken two decades and a ton of hard work to learn everything I know. I want to share it all with you! How have you overextended yourself in the past? What’s your own personal exhaustion taught you? Drop a comment below and let me know! —————————————————————————————————————-
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.* #TimothySykes #Pennystocks #Investing
—————————————————————————————————————-* Results may not be typical and may 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. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/
Hot Sectors For 2019
Tim Bohen and I are discussing 2019’s hottest sectors! While you can't predict the next hot sector, you can do your best to plan for it. The market will tell you … if you know what to look for. 🔴 Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Share this video with a fellow Trader: https://youtu.be/kd-pqOAPSbw ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2TOMSxC Subscribe to my FREE weekly stock watchlist here: https://bit.ly/2VgSl1G ✅ Recommended video: https://youtu.be/NAOIOK7pkhc ✅ Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY Advanced Day Trading Tips: https://www.youtube.com/playlist?list=PLTKUP0v0mxhsG4FCc4go7v4EOvyeNubJS My Millionaire Students – Are You Next?: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ Trading with the Tims: https://www.youtube.com/playlist?list=PLTKUP0v0mxhvhVuORoUdAQ1yCAZ6RAI_R ✅ Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n Today, we're talking about 2019’s hottest sectors. You can't necessarily predict the next hot sector. But you can plan for it. The market can tell you what the next hot sector is. You just have to wait for the right setup. You don't have to predict this stuff ahead of time. This trading game doesn’t have to be as hard as a lot of you make it out to be. I think a little differently. I sit and wait. When I say I trade like a sniper, I mean I only want to take my shot when I see a truly great setup. And I don't mind if you start tinkering. You might get bored. So start practicing! Use StocksToTrade! There's paper money — it's like fantasy cash — you can start playing with different patterns without risking a dime. That can help you better guess what the next hot sector will be. When you start to see two or three big gainers in a sector you’ll start to recognize them, and you won’t have to play the guessing game. Collect data every day. Then use that data every single day. Watch for trends. Say one sector heats up for two or three days in a row. Is that the beginning of something, or is that just a quick ‘run and done?’ You can have a sector or stock run for multiple days. And it can dip for a week or two and bounce back. A hot sector can cool and then heat up again. That’s how hot sectors work. It's not all at once. Sometimes, it can take a few days or a few weeks — so beware. Look for big percent gainers, similarities, and some kind of trend in the same sector. Write down the tickers that are in play and why. Track your data and review it. That's how you can learn to recognize hot sectors faster. Which sector do you think is 2019’s hottest so far? What do you look for when trying to predict the next hot sector? Drop a comment below and let me know! #TimothySykes #Pennystocks #Investing —————————————————————————————————————-
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.* —————————————————————————————————————-* Results may not be typical and may 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. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/