🔴 Become Tim's Next Student, JOIN my Challenge: https://bit.ly/2LzmOVs 🤑👇🏻 EXPAND DESCRIPTION for more LINKS 👇🏻🤑 What traps do people fall for in the penny stock market? Well, if you’re inexperienced, there are A LOT. But in this video, I’ll focus on the most common. They’re also the easiest to avoid — if you learn from other people’s past trading mistakes! LINKS Mentioned: 🔴 I’m transparent about all my trades: https://profit.ly/user/timothysykes 🔴 Download my FREE ebook, An American Hedge Fund: https://bit.ly/360Rk4a 👉🏼Get my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ 👉🏼SUBSCRIBE: https://bit.ly/2MDNeVq to get INSTANT alerts when I post a new video outlining my penny stock trading techniques.* ✅ Share this video with a fellow Trader: https://youtu.be/EAHvVKsgZkQ ✅ Recommended video: https://youtu.be/V7YLbsY0dcQ ✅ 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 While in lockdown, I’ve been thinking back to when this whole thing started… When I warned everyone about this virus in January, only a few actually listened. I honestly didn’t think it would spread worldwide. But I knew it would affect our stock market in a big way. Fast forward to today — and a lot of us are still in lockdown. I’ve even got a lockdown beard as I’m filming this. By the way, I really wanna know what you think about my lockdown beard … Leave a comment and let me know! With that said, there’s something else I wanna warn you about in this video — in hopes that more newbies heed my warning. There are two common market traps that traders typically fall for … The first one is the guessing game. You shouldn’t try to guess what will happen to a company's price action based on its operations or potential new products. It’s almost impossible to know that information unless you work for the company. And then you’re in some shady trading territory. Stay away from that! The second thing I wanna tell you about is volume. Too high of a trading volume makes it more difficult to get an easy entry and exit. Too low can be even worse, depending on the time. The key is liquidity. Don’t worry, I’ll explain what that means in the video. Here, I’ll tell you what trading volume you should look for AND what you should focus on to avoid guessing games. It’s more technical than you think. After watching this video, you should be more cautious and aware of these market traps. And if you focus on and remember these lessons, you won’t just aim for big percent gainers — those don’t come around as often. Learn the real lessons and how to better spend your time, energy, and focus. Leave a comment below if you’re ready to focus on predictable patterns and the right trading volume — instead of trying to spot BIG percent gainers. Say, “I will focus on singles.” ✅ Follow Tim Sykes and his trading travels: Instagram: https://www.instagram.com/timothysykes
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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.* —————————————————————————————————————-
* Results 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. 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/
More Learn From the Past! Avoid These Two Common Market Traps Videos