🔴 Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Today I’m talking about slippage. You need to know about this before you risk your hard-earned money. It really matters when you're trading hot penny stock. Here’s why… Share this video with a fellow Trader: https://youtu.be/UjizzrVwc2c ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2yIUWYz Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Get the Complete Penny Stock Course here: https://amzn.to/2EE4vMx Check out this special offer for Stockstotrade: https://stockstotrade.com/14daytrial/ ✅ Recommended video: https://youtu.be/qCA7tiMDn1Y ✅ 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
What exactly is slippage? Slippage is where you put in an order at a certain price and the stock moves too fast. So your order is executed at a different price. That’s bad — it costs you money. That’s slippage. You have two choices when you put in an order: market order or limit order. If you've read my book or seen my video lessons and DVDs, you know I never like to use market orders. But I’m curious how many of you use market orders… I use limit orders. But what if you're trying to buy a stock and it goes too high? What if you're trying to sell a stock and you put a limit and it blows right through it … what do you do? How do you cut losses quickly when the stock is moving too quickly? You have to prepare ahead of time. Too many people are too aggressive. You have to use specific limits. If you're willing to miss a trade, that's actually a good thing. That can make you more conservative. If you're trading a very volatile stock, you need to anticipate that the stock could blow through your limit. And you need a backup plan. You need to take your emotions out of the equation as much as possible… preparation is key. I think about the other stocks and how they can impact my play. Often times you have these days where all the morning spikers just fail for whatever reason, and you have to accept that. I change my order to a limit so that I can protect myself. I'm just trying to lock in the gains. Remember to think big picture. Focus on capturing the meat of the move, not just the money you could potentially make. I like to play it safe. There's no one right answer about limit orders. You have to judge what the market is doing and what you think this stock will do. Then put in your best guess. Make an educated guess based on your research. Always have a plan. Consider the different options. It does get easier over time and with lots of practice. Experience pays the most — keep learning. Do you use market or limit orders and why? What’s the worst slippage you’ve experienced? Leave a comment below! #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/

More Why The Heck Wasn’t My Order Ful-filled? Slippage Can Cost You Money… Videos

🔴 Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 I’ve made a lot of money, but it wasn’t an easy ride. I made some big mistakes and suffered some big losses. I want you to learn from the lessons I had to learn the hard way. I want to help YOU become a self-sufficient trader. Pay attention — you don’t want to miss this! Share this video with a fellow Trader: https://youtu.be/83PJmnVunQg ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2PirtQt Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Check out Stockstotrade with this exclusive offer: https://bit.ly/2KXNO1C Read my book, An American Hedgefund: http://tim.ly/timsbook Subscribe to watch my free video lessons here: http://tim.ly/sykestube ✅ Recommended video: https://youtu.be/C-RDscZjnD4 ✅ 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 love making these videos while I'm traveling to show you that you can truly do this from anywhere. I’ve made a lot of money, but it wasn’t an easy ride. I followed a lot of the wrong rules, which set me up for some big losses later on. I’m self taught. I didn’t know about risk management early on in my career. I wish I could go back in time and teach the younger me to be more conservative. But hopefully, I can teach you some lessons that I had to learn the hard way. I want to help you speed up your learning curve so you become a self-sufficient trader. I really need to reinforce that you can achieve your goals. I get a lot of messages from people who don’t think they can. Yes, you can. I’m not special. I worked hard. I developed a strategy and took advantage of opportunities. Now I'm experienced, which also can give me an advantage over other traders. I want to teach my strategy. I want to help you speed up your journey. I love teaching — that's why I have so many YouTube videos, webinars, and DVDs. The patterns don't really change. You just need to study them and watch them play out. You have to adapt to the market. It's all about preparation. It's not about any one trade. Small gains can add up over time. And losses can, too. Focus on building your education, developing your strategy, and finding patterns. Remember … it’s a marathon, not a sprint. Where are you in your trading journey? Where’s the coolest place you’ve traded? #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/

More How to Become a Self-Sufficient Trader Videos

🔴 Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 If your attitude or mindset sucks, it’s time to turn it around. A positive mindset is a key part of achieving your goals. And if you need a little inspiration, check out this story of Anthony. He’s one of my most dedicated students has an amazing attitude. Mindset can change everything … See how it’s paying off for Anthony! Share this video with a fellow Trader: https://youtu.be/GQ3AJMVIWUE ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2P5GEwf Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ ✅ Recommended video: https://youtu.be/TyQxulssSsM ✅ 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
There’s so much that goes into achieving success … But one factor that so many people overlook is mindset. Check out this story about Anthony, one of my most dedicated students. He has the right attitude and it’s paying off in his life! Mindset can change everything — most people don’t realize how much it matters. When life throws you lemons, you make lemonade, right? When obstacles get in your way you have to stay positive. Focus on how you can adapt. That brings me back to Anthony. He’s made it through an incredible journey and wants to share his experience. He was involved in an accident that left him paralyzed. The doctors said he had little chance of recovery. They couldn’t help him from a medical standpoint anymore. The only thing left for Anthony to do was to persevere and work his butt off in therapy. And that's what he did. So how do I fit into Anthony’s story? He came across my videos and applied to be a Trading Challenge student. He was hooked … Learning about the stock market, how to trade, my rules, tactics, and especially the mindset — it’s all been life-changing for him. We're all human. And bad stuff happens, but how can we adapt? How can we rise to the challenge and do something? That's what I love about Anthony’s story. He shows that you can accomplish goals. It takes a ton of hard work and dedication, but it’s possible. Here’s what Anthony wants to share: When something happens bad happens, that’s out of your control. Don't get discouraged. Change your mentality. Decide that you can persevere and then find people who motivate and support you. I hope you’re inspired by Anthony’s story. I know I am. You can do anything if you have the determination to succeed. Leave a comment if you find Anthony’s story inspiring. What motivates you? What obstacles have you overcome? #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/

More Bad Mindset? This Student’s Journey Will Inspire You Videos

🔴 Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Here’s one of the biggest dangers with penny stocks: there can be so much misleading news and data around these stocks. And there are so many websites out there … So how do you what’s a reliable source for data, charts, and news? Listen and learn! Share this video with a fellow Trader: https://youtu.be/9APjVZGZ-ko ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2GUoKpT Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Check out this exclusive offer for Stockstotrade: https://stockstotrade.com/14daytrial/ ✅ Recommended video: https://youtu.be/riEVth7L1uA ✅ 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
You want reliable resources when you’re building your case for trades, right? And there so many websites out there that claim to know it all. So how do you find the best data sources, charts, and news? And how do you spot and weed out the bad? Listen and learn! When I first started trading back in ‘99, I was in high school. The internet was slow (anyone remember dial-up?). I’d go down to the high school computer lab and turn on all of the 20 computers and load one web page per computer. It was an old school way to have multiple browsers. Fast forward to today … I use one laptop and one tool — StocksToTrade. To research everything, you need to look at multiple factors. If you want to trade smart, you need good data, good information, and good strategies. The cool thing? There’s now one tool that organizes everything in one spot for you. Why should you use this tool every day? Because it loads all the charts, news, filings, and even social media buzz. All that is organized in one place for you to access. One of my favorite features of this tool is that it weeds out those fake press releases. Take advantage of this tool. Be grateful you trade at a time when it’s easier than ever to find information to help you make smarter trades. Be especially thankful that you don’t have to use dial-up internet and 20 computers to do your research. I’m the first to admit that I’m not perfect, but I have over 20 years of experience. And I want to help expedite your learning process. You’re fortunate to have access to this tool to help you — use it! Click the link above for an exclusive offer! How do you research stocks? What’s your biggest research fail and how did it happen? Leave a comment and tell me if you use StocksToTrade! #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/

More Where To Find News, Charts and Pricing Action for Penny Stocks Videos

🔴 Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Have you ever been invested in a company that you really believe in, but the stock is coming down? Today I’ll cover this exact scenario and when you should average down. This is VERY important information — pay attention! Share this video with a fellow Trader: https://youtu.be/C-RDscZjnD4 ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2YypLyq Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ ✅ Recommended video: https://youtu.be/IgTsEYzpPj0 ✅ 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
So when you should average down? This video is specifically for those of you in your first six months to few years of trading, depending on how much you study. Averaging down can work sometimes, but generally not enough to make it worth it. It usually leads to bigger problems. I think that's dangerous. For somebody with a small account, averaging down can be very dangerous. You want to trade like a sniper … take one shot. I'm don’t want to average into a position and then average out. If you have a small account, your goal is to make money on trades. Forget trying to maximize. You can try to maximize your profits later, after you’ve built up your experience and knowledge account. Big losses can happen when you get emotionally attached to a stock. You keep averaging down, then the company reports bad earnings, and it crashes even more. If a stock is going against you, there's something wrong with your thesis. Cut your losses. Get out! Remember, you don’t have to be aggressive on any stock. Don’t let the potential for damage creep up on you. Whether that’s damage to your monetary account, head, or confidence. It’s not worth it. Always follow rule number one: cut losses quickly. And don’t average down until you have enough money and experience to experiment. With experience, the game can get easier — more mechanical and less emotional. Don't set yourself up for failure. Take your time, study and stay disciplined. What’s your experience with averaging down? How does it mess with your mindset and emotions? Leave 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/

More Trading Strategy: When To Average Down On Your Position Videos

🔴 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/UqzBlbEZQ1c ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/31V3Izf Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Read An American Hedgefund here: http://tim.ly/timsbook Watch this 1 hour interview with Huddie: https://youtu.be/riEVth7L1uA Get the Pennystocking Framework Guide here: https://bit.ly/2KQs9bC Get the Trading Tickers DVD here: https://bit.ly/2Npm33n ✅ Recommended video: https://youtu.be/J-e3Qu5ohbM ✅ 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 #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/

More Interview With My 2 Newest Six-Figure Students Videos

🔴 Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 You can't just buy any random stock, you have to be prepared, you need a watchlist. In this video, I'm going to show you exactly how I build my watchlist, every single day! Share this video with a fellow Trader: https://youtu.be/7drv99rvVnA ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2zhAbn4 Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Sign up for my premium watchlist here: http://tim.ly/eduvest Try Stockstotrade with this exclusive offer: https://stockstotrade.com/14daytrial/ ✅ Recommended video: https://youtu.be/qCA7tiMDn1Y ✅ 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 #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.*

More A Millionaires Watchlist: How I Create My Watchlist Videos

🔴 Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Penny stocks are universally hated. Most people think they’re scams; you can’t make money trading them. Personally I think this is one of the biggest cons when trading penny stocks: you will probably be hated. But there are also many pros to trading penny stocks. Watch to learn what they are! Share this video with a fellow Trader: https://youtu.be/oodaGwvLBJw ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2YXyXw0 Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Check out Tim’s Twitter: https://twitter.com/timothysykes Watch this video of my heckler here: https://youtu.be/XFN5xAtg77I ✅ Recommended video: https://youtu.be/Qv58hEIvCuY ✅ 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
Penny stocks are universally hated. Most people think they’re scams; you can’t make money trading them. Personally I think this is one of the biggest cons when trading penny stocks: you will probably be hated because people are misinformed. But as with anything, there are pros and cons to trading penny stocks. Watch to learn what they are! Penny stocks are the uncharted territory of Wall Street. One of the reasons there is so much opportunity in this niche is because most people on Wall Street look down on penny stocks and ignore them. It's not just that most of these penny stocks are scams, there’s a lot of manipulation and misinformation. You need to be aware of the negative stigma because it's not fun to be hated when you spend all your time at your job and you do it the right way and the good way but you're still hated. In fact, my first millionaire student started as one of my haters. He finally gave my lessons a serious chance and well, you know the end of the story. Some of the cons of trading: It makes you very cynical. You need to expect the worst. You can’t trust the companies. They lie to raise their stock price. There’s not as much money in penny stocks as Wall Street. (People trading penny stocks are not the smartest or richest) But there’s a pro to this: you’re competing against people who actually believe these penny stocks are the next Microsoft. Even with their poor reputation, I love trading penny stocks. I want to help you learn to trade these stocks to your advantage. That’s my biggest pro: teaching correct information and helping you. You’re not going to become a millionaire right away. It takes hard work and dedication.
If you take the time to learn the patterns are predictable, It's all based on basic investor and trader psychology. There's plenty of opportunity if you're willing to study. What do you think of my blunt-ness? What types of stocks are you trading? What are your pros and cons with trading? Leave 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/

More A Millionaire’s Pros and Cons of Penny Stocks Videos

🔴 Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Liquidity — what does it mean? This term is vital when it comes to trading stocks. So whether it’s a new concept for you or you’re a market veteran, you need to check this before you trade. If you don’t, it can cost you … just like it cost me BIG time. Share this video with a fellow Trader: https://youtu.be/mfUtVLmVZNQ ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2OHkwba Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Read my book, An American Hedgefund here: http://timsykesbook.com/ ✅ Recommended video: https://youtu.be/vD_TivBr-Eo ✅ 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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What is liquidity? It's how much volume a stock has, how much action. This term is vital when it comes to trading stocks. If you’ve read my book, “An American Hedge Fund,” you know about my $500,000 loss. I took a big position on an illiquid stock. It didn't matter that I wanted to get out. There were no buyers. Here’s how you can learn from my big loss. These days I take very small positions. I trade safely. My huge loss was an illiquid stock. I had hundreds of thousands of shares that I wanted to sell, but the stock wasn't trading. You don't want to have this giant position and get stuck in it. The cool thing about trading with a small account is you can usually get in and out pretty quickly. A lot of big traders and investors can’t always do that. A lot of these penny stocks can have great stories and seemingly amazing products. But if no one's trading the stock, stay away. I think there can be so much opportunity with low-priced stocks … IF you're trading active stocks. Do your research. Check the chart and the volume. Make a trading plan and stick to it. Take a piece of the action along the way. For me, I like taking small positions so that I can get in and out. My sweet spot is usually around a few million shares traded per day. That's the liquidity level that I like. As you trade more, you’ll gain more experience. You’ll learn what you like, and it might not be the same as what I like. We're all different. Find the liquidity level that you're most comfortable with. For me, I stay away from the truly illiquid stocks and focus on volatile stocks. Where are you in your trading journey? Are you in study mode or do you actively trade? Tell me in the comments below. You can do both … I'm really curious about how you approach the market and your education. #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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