🔴 Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 How do you know when to play it safe in trading? How do you decide if you should sell or hold a stock? Is there a right answer? Watch to hear my students and I discuss whether I should play it safe and why! Share this video with a fellow Trader: https://youtu.be/gZsB3yvYjlg ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2ks1J5r Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ ✅ Recommended video: https://youtu.be/Qm5T5_HujB8 ✅ 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
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As traders, we constantly ask the question: should I sell or hold? This answer doesn’t always come easy. There are a plethora of factors to consider when deciding how to play out positions. Now the question is, do I take the 10%, or do I hold overnight because this looks like it's set up freaking perfectly for tomorrow? Let’s poll the room: Should I take profits or do I hold? What are some factors I need to be thinking about? As you get more and more resistance levels, it should theoretically get harder to break out. I want to give it time, but also have to have a broader perspective where the stock is up on the day with no news. I can make an argument why to buy it at .02 because now it's a multi-day breakout, but if I was considering buying it now, I would wait for a dip. I don't need to chase this. You can always rebuy. Tim Grittani would stay in it, but I'm not Tim Grittani. Remember all traders are different. There's no one right way. Always experiment, prepare and find what works for you! Leave a comment below and tell me what you would do. Would you play it safe, take profits or hold longer if it seemed like a perfect breakout? Have you ever been in a similar trade situation? What did you learn? #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/
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