Today I’m talking about dividend stocks — what are they and should you be trading them? I’m sharing my knowledge and some facts that might surprise you. Listen to hear my opinion on these stocks and how they differ from most people. Do you trade dividend stocks? π΄ 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/1xxMFBsMk1w β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2Ou1UIc Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ β
Recommended video: https://youtu.be/d9o7oTmd5Aw β
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 β
Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
Facebook: https://bit.ly/2ItKo3A
Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION #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/
Category Archives: Stock Trade Resources
3 Trades A Week: My Student Discusses His Success
You don’t want to miss this video! My student Huddie has been on a hot streak and he’s here to tell you about his success and share his tips with you! Learn from him and get inspired! π΄ 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/ivE8JpHN2X4 β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2Ou1UIc Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ β
Recommended video: https://youtu.be/HEmgsgxlOs0 #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/ β
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 β
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 3 Trades A Week: My Student Discusses His Success Videos
The Stockstotrade Tool You Should Be Using
StocksToTrade is a great resource that I highly recommend! Especially for one feature in particular — Oracle. It's a stock trading algorithm that helps find potential opportunities … Learn how you can take advantage of this tool and improve your trading skills. π΄ 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/m0HIkiiQ5Ck β
Links I mention and recommend: Check out StocksToTrade for a special offer: https://stockstotrade.com/14daytrial/ Join Tim's Challenge here: https://bit.ly/2J5FdKw Get my FREE weekly stock watchlist here: https://bit.ly/2PSqrXQ β
Recommended video: https://youtu.be/u3mx-n5o8Bc β
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 β
Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
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Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION
Stocks To Trade offers a great tool for newer traders or if you're just new to these very volatile stocks. Either way, all traders should be using it! It’s called: Oracle. What is it? A stock search algorithm. So how does it work? Every day, in the pre-market, Oracle is running its algorithm and looking for the 15 potentially most-volatile stocks. One of the biggest things new traders struggle with is how to build a watch list. Where do you begin? Each day, Oracle does it for you. Now there’s no guarantee that all these stocks are tradable … but it builds that list of the stocks that are most likely to be volatile on the day. Even though Oracle makes it easier to find last minute opportunities, I still recommend getting up early and doing your process. Now, on the flip side, you’ve got a 15 stock watch lists. You’re a new trader. What do you do now? Based on a proprietary algorithm, it gives you potential entries as well as exits and profit targets. You hear a lot of technical traders talk about — buy it support, sell it resistance or dip-buy it support, short it resistance. What are all of these levels? Oracle lays out those support and resistance levels on a graphical bar and then, at 9:34 a.m. every day, that's when the magic happens. At 9:34 a.m., Oracle decides whether or not the stock is bullish or bearish, whether or not it's a potential buy or short, and gives you a target entry, as well as a target stop loss, and a target goal. It’s important to remember, while a very useful tool, it is just a search algorithm. It is meant to act as a guide. You should still educate yourself and map out a plan everyday. Important to have a plan. Don’t get greedy and cut losses when necessary. If you don’t use STT, what are you waiting for? If you do, how convenient has Oracle been for you? Drop 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/
Trading Low Float Stocks
Low float stocks can be appealing since they can move super fast. But it's important you understand the potential risks and the rewards for low float stocks. Tim Bohen and I are here to educate you! π΄ 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/zCZO9rrXHnE β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2Y1LjyS Get my FREE weekly stock watchlist here: https://bit.ly/2PHqXbc β
Recommended video: https://youtu.be/WTtyzNvyyMo β
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 β
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A lot of people don't understand the potential risks and rewards for low float stocks. So Bohen and I are here to educate you. Before we explain the definition of a low float stock, you need to understand the difference between restricted and unrestricted shares… A lot of stocks have institutional investors, insiders who hold shares, maybe employee compensation plans, and so on — these are the restricted shares. The float is the freely-tradable shares or the unrestricted shares. The lower the float, the better. Why? The market’s all about supply and demand. Low float stocks tend to be appealing because they can move very fast. But that’s a double-edged sword if a stock is spiking. FOR EXAMPLE: Let's say there are a million people who wanna buy the stock, and the float is only two million … That's 50% of the float. What happens if the number of buyers exceeds the float due to high demand? The stock price has to go up to inspire people to sell or to scare some buyers away. But if that price goes high enough, the demand will drop. See? That’s basic supply and demand. I still encourage people to trade smaller than they think. Low float stocks can get halted. And the volume can dry up quickly — leaving you unable to exit your position. Always follow my number-one rule: Cut losses quickly! How do you trade low float stocks? What topic’s on your radar? Drop a comment below and let me know what you want to 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/
How To Keep Your Account Safe
Most traders lose because they are unprepared. Holding and hoping is not a strategy – you need to research. Success is about mindset. Nothing is over until you give up on it. Watch this video to learn more about how to keep your account safe! π΄ 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/vuGeSU4JPSs β
Links I mention and recommend: Check out my latest charity endeavor: https://savethereef.org/ Get my Trader Checklist here: http://traderchecklist.com/ Join Tim's Challenge here: http://bit.ly/2WEfKLh Subscribe to my FREE weekly stock watchlist here: http://bit.ly/2JwO3Aa β
Recommended video: https://youtu.be/ogrHEOCxJwQ β
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 β
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Today I’m talking about how to keep your account safe and how to grow it. If you’ve been following me you know my newest charity endeavour is saving the reef. Many people don’t realize the majority of the world's oxygen is created by marine life, which is dependent on the coral reef. Currently about 40% of the reef is dead and many people think that’s an excuse to give up on it. Success is about mindset. Nothing is over until you give up on it. If you have a losing mentality and say you’re going to lose, you probably will. 90% of traders lose, so why even get into trading? Even if you’re part of the 90%, you can always learn and improve. That's the beauty of education. Traders lose because they are unprepared. Holding and hoping is not a strategy – you need to research. Don't risk your hard-earned money on random stocks. My Trader Checklist Guide shows you my seven key indicators for stocks. Most traders ruin their accounts by not being prepared. When you go in with a plan you already have an advantage over other traders. But you have to be patient and willing to miss a trade. Be meticulous before you risk your hard earned money! Leave a comment below if you think this analogy works. What would you compare trading to? #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/
How To Judge A Stocks Health
The stock market is a battlefield and most companies are not healthy. So how can you determine if a stock is healthy or unhealthy? Majority of companies will lie and say they’re healthy even when they’re fundamentally not. You need to learn to focus on patterns, be adaptive and cut losses quickly. π΄ 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/ogrHEOCxJwQ β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2YnSrWB Subscribe to my FREE weekly stock watchlist here: https://bit.ly/2YdThow β
Recommended video: https://youtu.be/S5qpPkn9xl8 β
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 β
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The stock market is a battlefield and most companies are not healthy. So how can you determine if a stock is healthy or not? You have to understand that most of these companies will lie and say they’re healthy when they're fundamentally not. If you read through their SEC filings they will admit how unhealthy they are. The good news is if you have the right mindset it doesn’t matter if a company is unhealthy. Expect the worst and prepare for it. Learn to differentiate the unhealthy and healthy stocks. Learn to ride the volatility and the hype of stocks. Don't be invested in earnings .. a company might bomb on earnings, but the CEO might say something positive that spikes the stock. Don't play a guessing game. Learn to focus on patterns, be adaptive and cut losses quickly. Learn not to care whether a company's healthy or unhealthy. But as soon as the stock is going against you, follow rule number one: cut losses quickly. 90% of traders lose due to lack of preparation. If you learn to think differently, change your mindset you can have an advantage. Expect the worst from every company. Learn to focus just on price action, patterns and probabilities. What factors do you look at before trading a stock? Leave a comment and tell me about some of the unhealthy stocks you’ve traded and what you learned! #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/
When Is The Best Time To Trade?
What's the best time of day to trade? A lot of traders focus on the market open when there's so much action, but the afternoon can offer more disciplined opportunities. Watch to learn how you can take advantage of these afternoon hours. π΄ 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/kbwVCJdgDc8 Read the FULL blog post here: β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2U5NLXL Subscribe to my FREE weekly stock watchlist here: https://bit.ly/2I0D7dC β
Recommended video: https://youtu.be/CUkZ0MjPXew β
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 β
Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
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Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION
Today, we're talking about something that too many new traders don't consider. What time of day is better for their style of trading? A stock can be very different in the morning versus the afternoon. So what time of day you trade is very important. A lot of aspiring traders tend to focus on the market open — there’s just so much action. But there can also be a lot of random moves at that time. It’s great to watch the open, track your tickers, make your plans, and focus on your course of action for the day. But if you want consistency, I think it’s better to let things shake out and look for moves in the afternoon. The market open can bring a flurry of opportunity, but you can also lose a lot of money fast. You have to be super prepared. If you struggle with discipline, slower is better. Because when you get those crazy volatile moves, you can end up like a deer in headlights. You start to panic, and that’s just a gateway to making a slew of bad decisions. Don’t panic. And don’t put yourself in stressful situations that can lead to panic. Remember, sometimes the best trade is NO trade. It's not an exact science. There are so many different angles in this niche. Try everything and track it all. Find what works for you. What time of day do you prefer to trade? How many different strategies have you tried and what’s your fave? Drop 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/
A Must Watch Interview For New Traders
I was a guest on Beyond the PDT podcast with Bryce and Matt. Their podcast sheds light on the hard work that goes on ‘behind the scenes’ to become a successful trader. A part that many traders overlook. Make sure you listen to hear my interview with them; learn more about my process, mindset, and what I get obsessive about! π΄ 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/S5qpPkn9xl8 β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2YnSrWB Subscribe to my FREE weekly stock watchlist here: https://bit.ly/2YdThow Check out my charity endeavor: https://www.instagram.com/savethereef/ Make sure you check out Stockstotrade here: https://stockstotrade.com/14daytrial/ β
Recommended video: https://youtu.be/N391V2TWN84 β
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 β
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 a guest on the Beyond the PDT podcast with hosts Bryce and Matt. They shed light on all the hard work that goes into becoming a successful trader. A part that many traders overlook. #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/
Here’s Why You Need To Keep A Trading Journal
Trading isn't easy. But you can prepare! The best way to prepare yourself is to track EVERYTHING. Write down every detail. This can help you identify your strengths and weaknesses as a trader to help you improve your strategy. π΄ 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/M-OX8NewltI β
Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2USaCS1 Get my FREE weekly stock watchlist here: https://bit.ly/2ZQheE0 Check out my Trader Checklist: www.traderchecklist.com β
Recommended video: https://youtu.be/ZTo2zEkYsF8 β
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 β
Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
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Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION What the heck is a trading journal … and why do you need one? You need to know what works for you as a trader, and that means you need to track your results. A great way you can do that is by writing down every trade detail. Then you go back and review them. There are lots of ways to do this. You can use a paper journal, apps, or platforms like Profit.ly and StocksToTrade. The market is like a constantly moving target. You have to know what your strengths are overall and in the current market. If the market changes, you need to adapt. It’s important to never get too comfortable. Trading isn’t easy. But you have one advantage — the ability to prepare. Study charts, video lessons, webinars — it can help you better prepare! You need to figure out where you excel. Some traders are better short-selling, some are better at going long. Some prefer trading in the morning, and others prefer afternoons. The stock market will be there. There'll always be another hot stock, sector, or setup. Are you prepared for that? What can you learn from your past to better prepare? Whether you use a spreadsheet, pen and paper, or Profit.ly, write down your trades! Write down every detail. What was your entry point? Where did you exit? What were your reasons for entering and exiting? How did it play out? How did you feel — were you comfortable? Write a short description of the trade. That's a good start. What are your strengths? How does a trading journal help you? 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/