Category Archives: Stock Trade Resources

The Ins And Outs Of Brokers When Shorting A Stock



πŸ”΄ 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/rGRajiISDx0 βœ… Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2KPmKjG Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ βœ… Recommended video: https://youtu.be/XvE4mebsomc βœ… 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 βœ… 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 The Ins And Outs Of Brokers When Shorting A Stock Videos

Can Determining a Stock’s Volume Affect Profit?



πŸ”΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Let's talk about volume. Volume is the number of a stock’s shares that trade in a day, month, or year. So why should volume be such a key factor in your trades? Here’s what you need to know about volume and stocks BEFORE you risk your hard-earned money. Share this video with a fellow Trader: https://youtu.be/Y1Mxxts9hhI βœ… Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2YOzhgh Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Complete Penny Stock Course: https://amzn.to/2EE4vMx βœ… Recommended video: https://youtu.be/TyQxulssSsM βœ… 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 βœ… Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION
Volume, in terms of trading, is the number of a stock’s shares that trade in different time frames. It can be a day, month, or year. There are a lot of different time frames. So why is trading volume so important? First, check out the book by my student Jamil Ben Alluch: “The Complete Penny Stock Course.” I'll post a link below … This is must-read material. It combines a lot of my lessons in one book. So if you want a quick resource to learn my rules, read the book. Back to volume … This is about how many shares are traded back and forth between buyers and sellers. If a million shares of a stock trade in a day, that's 500,000 shares bought and 500,000 shares sold. I'll give you a few terms that you need to know when trading stocks: liquidity and volatility. Liquidity is how much volume a stock has, how much action. Volatility refers to how unpredictable and rapidly changing the stock is. (Quick side note: There’s another reason to read Jamil’s book — it explains these terms.) Back to volume … You never want to be too big of a percentage of the volume. And you definitely don't want to be all of it. I want to trade the big percent gainers. Stocks that are volatile. Volume shows interest. If you're a bigger percentage of the volume, it’s more difficult to execute your buys or sells. If it's rising, fantastic. But if it starts fading, it can all crash very quickly. And your stuck holding the bag. As a buyer, you can ride these stocks up. As a short seller, you can do the opposite — you try to make money on the way down. The greater the percentage you are of a stock’s daily volume, the greater the risk. I want to teach you the safe way to cut losses quickly. How do you determine a stock’s volume? Ever get stuck in a trade because of low volume? Leave a comment below and tell me about your profits or losses! #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 Can Determining a Stock’s Volume Affect Profit? Videos

5 Steps To Finding Killer Trade Opportunities



πŸ”΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 There are thousands and thousands of stocks to trade in the markets … So how the heck can you narrow them down to a watchlist? How can you pick the best stocks to trade based on your criteria? Here’s how I approach the market — check it out! Share this video with a fellow Trader: https://youtu.be/Qv58hEIvCuY βœ… Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2KsyQyZ Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Check out this exclusive Stockstotrade offer: https://stockstotrade.com/14daytrial/ Check out the Trader Checklist here: http://traderchecklist.com/ βœ… Recommended video: https://youtu.be/0r77Z1wiQvg βœ… 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 βœ… 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 are thousands of stocks to monitor and trade. It’s hard to know which stocks you should watch and trade and which can be a waste of your time. How do you weed out the bad stocks? Here are five steps I use to help me find the best stocks. #1: Use StocksToTrade. In my opinion, it’s awesome trading software. It compiles different news sources, charts, and other important information to help you trade smart. Full disclosure I helped build it! #2: Know which indicators matter the most. Look at different time frames and find the potential support and resistance levels. Technical analysis can be your best friend when trading low-priced stocks. #3: Look at the fundamentals. A company might have one or two products, so there might not be a lot of fundamentals. But at least check it out and start doing some research. Get used to understanding what profits look like from year to year. #4: Check out the biggest percent gainers every single day. StocksToTrade can help you here. This is what I focus on — not the biggest percent losers or random stocks with random stories. The biggest percent gainers. #5: Study the past. Start by watching my 5,500+ video lessons or going through my 100+ hours of guides. It can help you start to understand what’s happened in the past and why that’s relevant to the market now. My top millionaire students* all have something in common: dedication. They’re so dedicated in their studies. They use that dedication and their knowledge of the past and patterns in creating the life that they want. If you think that getting rich involves following ‘hot stock’ alerts … you're sorely mistaken. I don't make all these video lessons, guides, and DVDs just for fun. I do it because I want to help you. I'm trying to give you the tools that I never had to help you speed up your learning curve. I know you might think that a video lesson from five or six years ago doesn’t matter … But patterns can repeat. And sadly, too many people don't study the past. So they're unprepared if an ‘old’ pattern pops up again. Watch all of my video lessons and use StocksToTrade to help you research stocks. What’s your favorite StocksToTrade feature? And if you’re not using, it leave a comment and tell me why! #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 5 Steps To Finding Killer Trade Opportunities Videos

Stop Looking at Balance Sheets β€” Focus on THIS



πŸ”΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Balance sheets can be super important … but it all depends on the type of companies you trade. If you’re into penny stocks like me, there are few things you should know. Here’s what I think about balance sheets. Check it out! Share this video with a fellow Trader: https://youtu.be/DIVPZaU4-z4 βœ… Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2YOgkKG Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ βœ… Recommended video: https://youtu.be/IgTsEYzpPj0 βœ… 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 βœ… Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION
Let’s talk about balance sheets and what to look for — specifically when trading penny stocks. For me, it's totally irrelevant. I don’t think it’s totally necessary to look at a company's balance sheet for low-priced stocks. Why? In my experience, almost every single balance sheet that you’ll see will be horrific. Almost every single penny stock is a horrifically flawed, fundamentally screwed-up company that will most likely suck up as much money as possible, for as long as possible before going out of business. Penny stocks usually have very little cash and very little revenue. They probably also have big losses and maybe big debt loads, too. When trading bigger companies in the ‘normal’ stock market, balance sheets matter more. You want to try to value the company as a whole based on its price, earnings, growth, debt, and profit. So why even trade penny stocks? Opportunity. There’s a lot of corruption in this niche. You can learn how to use that to your advantage. I don't think you have to read through all the balance sheets… I like to expect the worst. Whether they go bankrupt, shut down, or are barely hanging on by hyping themselves with press releases… The sooner you realize that this is a go-to strategy for these companies, the sooner you start to focus on patterns and price action. That’s the way I like to teach. How do balance sheets play into your trades? Be honest: Did you know what a balance sheet was before this video? Leave a comment below and tell me! #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 Stop Looking at Balance Sheets β€” Focus on THIS Videos

Answering Stock Questions From Students



πŸ”΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 BLURB Share this video with a fellow Trader: https://youtu.be/J-e3Qu5ohbM βœ… Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2YpYy0V Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Watch 50 Minutes to Save the World here: https://youtu.be/wthTmQHmuZ0 Learn more about Save the Reef here: https://savethereef.org/ Learn about Karmagawa here: https://karmagawa.com/ βœ… Recommended video: https://youtu.be/thZ15kNyzsU βœ… 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 βœ… 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 Answering Stock Questions From Students Videos

2 Amazing Swing Trading Patterns



πŸ”΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 There’s no one right way to trade. Some people like day trading. Others prefer swing trading. I want to make money when there’s a good opportunity — so I like to trade both. Today I’ll talk about two specific patterns that you need to consider when swing trading. Share this video with a fellow Trader: https://youtu.be/cTFtVmyBAfg βœ… Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2KgteZY Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ βœ… Recommended video: https://youtu.be/uu5kZ7O5Pbc βœ… 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 βœ… 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 no one right way to trade. Some people like day trading, while others are more comfortable with swing trading. Everyone’s different. And you have to find what works best for your needs and criteria. But, today I wanna talk about two specific patterns you should consider when swing trading. Swing trading can mean holding the stock for several days and sometimes even several weeks. These stocks aren’t as volatile as the stocks I day trade. With swing trades, you’re usually waiting for the news to play out and for the stock to move. Now, there are two specific patterns I look for when swing trading… The first is buying an earnings winner or a billionaire-investor play. This happens when a billionaire invests in a small penny stock, which can give the company credibility. Sometimes it takes a while for the insiders to start selling their shares off. They don't want to crash the stock in a single day — that could lead to an FCC investigation. So the insiders tend to sell their shares gradually. That means it can take these stocks a week or two or even a few months to really drop. The second pattern: shorting pump and dumps. When a stock price goes up, it’s important. Once the volume fades, that can be a good place to hold your short for days or weeks, if possible.* If these pump and dumps will collapse, you theoretically could hold for a lot longer — Tim Lento does a fantastic job of this. These are just two patterns that I’ve found success with. You need to study, practice, and experiment to figure out what works best for you. There are opportunities if you want to hold trades for several days or weeks… But this isn’t an exact science. You need to work to find your optimal holding time. Some people like holding for just a few minutes. Some people like a few hours. Some people like a few days, weeks, months, years. It's totally up to you. Which do you prefer: day trading or swing trading? Leave a comment and tell me why! #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 2 Amazing Swing Trading Patterns Videos

5 Tips To Creating An Effective Stock Journal



πŸ”΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 What does discipline mean to you? What does that actually look like in your day-to-day trading and studying? Discipline is super important to me. I think it’s key to being a smart, self-sufficient trader. And THIS tool is absolutely fundamental. Share this video with a fellow Trader: https://youtu.be/0AGf-9oos2M βœ… Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2GQwZmD Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Check out my Profit.ly profile: https://profit.ly/user/timothysykes Get my Trader’s Checklist here: http://traderchecklist.com/ Get an exclusive Stockstotrade offer here: https://stockstotrade.com/14daytrial/ βœ… Recommended video: https://youtu.be/uu5kZ7O5Pbc βœ… 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 βœ… Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION
We're all a little different. What works best for me might not be what works best for you. So find what works best for you — strategies, techniques, patterns — whatever it is. That’s exactly why keeping a trading journal is so imperative. Think of yourself like a stock scientist. Scientists experiment. They keep detailed notes. They compare their research and create theses. They can be extremely meticulous in their research. Sadly, most people aren’t meticulous when it comes to trading. Too many new traders don’t have enough discipline. The stock market is an inexact science — it’s always changing. But If you follow my rules and watch my lessons it can help you learn to stay disciplined and focused. So what should be in your trading journal? It’s not just about profit and loss — it’s also about your thesis … What do you expect a stock to do? Why are you buying it? Always go into a trade with a plan. Every single trade. What’s your risk? A lot of newbies take these big risks without having a plan. You gotta look at the entire picture — upside potential, the reward, and the risk. How much money are you actually putting into the trade? Are you prepared to lose it all if the trade doesn’t go as planned? If you've seen my Trader Checklist guide, you know I have seven key indicators. In your trading journal, you can put all of these things together and see how the trade plays out. Your profits and losses matter, but you also need to focus on how you can improve. What could you have done better on these trades? What do you want to improve on in future trades? Start a trading journal, and you’ll see how insightful it can be. Don’t just write down your profits and losses. Write down everything — your plan, how your plan worked, your risk. I’d even include your mood or your mindset during the trade (yep, it really can matter). How do you stay disciplined? Leave a comment below and tell me if you keep a trading journal and how you track your trades. #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 5 Tips To Creating An Effective Stock Journal Videos

Brokerage Fees: What You Need to Know



πŸ”΄ Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Today I’m talking about brokers, fees, and what you need to know. My job — my duty — to you is to provide you with useful information. Here’s what I think about brokerages fees. And find out which two brokers I use as I play the stock trading game… Share this video with a fellow Trader: https://youtu.be/xmxcX5rZX2U βœ… Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2Yr2BKy Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ βœ… Recommended video: https://youtu.be/thZ15kNyzsU βœ… 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 βœ… Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION
Today I’m talking about brokers, fees, and what you need to know. I'm really curious to know how many people actually have brokerage accounts and check their brokerage statements… Brokers actually don't like me because I tell people not to trade as much. Sometimes the best trade is no trade at all. Patience is key. My job is to help provide you with honest and useful information. So I’ll tell you which two brokers I use. But I don’t choose these firms because they’re better in some way or I think they’re amazing. I choose them because I find an advantage with them that I need to play in the stock trading game. Here are the two brokers I use: E-Trade and Interactive Brokers. Got questions about either? I can’t answer those. I’m not a broker. Reach out to them yourself. I’m just pointing you in this direction based on my personal experience. But I will get into this common question about broker fees: How much should you be paying and should you try to cut costs here? The answer is NO. All these little fees are generally negligible. Saving money on little fees here or there doesn't matter. You need to look at this game as a whole. Which broker can actually give you the tools and customer support you need when you're in a trade? I want to focus on the game. Brokers are necessary for me to be in the game. I need to be able to trade these stocks. If I'm using a specialized broker that has specialized fees, that can be OK. I want to make my money. I want to be in the game, trading the best setups. Remember rule number-one: cut losses quickly. Everything outside of the game is negligible, it's irrelevant. Don't focus on these little fees. Focus on how you grow your account. The whole game is about learning and working to improve over time. Tell the truth … do you stay on top of your broker statements? And which brokers do you use? Leave a comment and tell me what you think! #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 Brokerage Fees: What You Need to Know Videos

Q&A with My Newest Six Figure Profit Student



πŸ”΄ 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/riEVth7L1uA βœ… Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2GM8R4v Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Get the Complete Penny Stock Course here: https://amzn.to/2EE4vMx Get the Trading Tickers DVD here: https://profit.ly/store Read my book, The American Hedgefund here: http://timsykesbook.com/ βœ… Recommended video: https://youtu.be/TyQxulssSsM βœ… 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 βœ… 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 Q&A with My Newest Six Figure Profit Student Videos