π΄ Learn How I Became Financially Free, JOIN my Challenge: http://bit.ly/347FF1v π€ππ» EXPAND DESCRIPTION for more LINKS ππ»π€ I missed out on a 60% bounce, but I’m not afraid to show you my mistakes and losses. Think you can do better than me? Step up. Speed up your learning curve by learning from my trade commentary. LINKS Mentioned: π΄ Did you know I have 800 video lessons on morning panics? Check them out: https://www.youtube.com/user/timothysykesdotcom/ and https://profit.ly/guru/timothysykes π΄ Don’t miss Pennystocking Part 2: https://www.timothysykes.com/blog/introducing-pennystocking-part-deux-shortstocking-timraw-instructional-dvds-2/ π΄ Read the blog post where I share ALPP lessons learned: https://www.timothysykes.com/blog/hottest-stocks-in-the-market/ ππΌGet my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ ππΌSUBSCRIBE: https://bit.ly/2MDNeVq to get INSTANT alerts when I post a new video outlining my penny stock trading techniques.* β
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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 Guess what? I just missed out on a 60% bounce. Insert curse word here! This is my frustrated, guilty video lesson all about it. My hope? By watching this, I can help you do better. So it’s out there: I didn’t totally fall on my face. I did make a profit … but I missed the big bounce. Why am I telling you this? Because I want to be totally transparent. That’s why every trade I make is public. I want to share the good and the bad. I also want you to know that this happens to everyone. Dip buys aren’t an exact science. And in the case of ALPP, I made the classic mistake of trying to force the trade too fast. The pattern actually played out like I thought, but I fell for the fakeouts. I tried to force it, and I psyched myself out. There was a more than 60% bounce from the lows … but I made paltry profits. It happens to all traders at some point. No one wins all the time. The real value is in learning from your experience. In this video, I’ll go through a full critique of my behavior in this trade. I’ll show you how and where I went wrong. (Hint: I didn’t read between the lines and I got impatient.) No, this isn’t about perfection. It’s about trying to capture as much of the move as possible. You don’t have to hold on to extremes, but you need to have enough patience to wait for the right opportunities. It’s a balance. And not always an easy one. Remember: trading is a mental game. Stocks don’t always bounce when you want them to. But then again, holding and hoping is NOT a strategy. That can really work against you, and you can blow up your account fast. Yes, let yourself be human. Make mistakes. But go back and review every trade. Evaluate what you did right and what you got wrong. Constantly refining your methods can help you become more consistent in your trades. I’m proud of my many students who dip bought better than me and who shorted … and I’m encouraged and inspired to do better. Even after 20 years of trading, I still gotta work for it. That’s just the way it goes. Watch and learn from my trading experience with ALPP. Did I make my point with this video? Leave a comment saying, “I promise to be patient!” β
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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 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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