My Biggest Loss in 2 Years and the Lessons YOU Need to Know

 

My Biggest Loss in 2 Years and the Lessons YOU Need to Know



🔴 Learn How I Became Financially Free, JOIN my Challenge: http://bit.ly/2I1kNzJ 🤑👇🏻 EXPAND DESCRIPTION for more LINKS 👇🏻🤑 Confession time: I broke my own rules and lost money on a trade. One bad trade can be a slippery slope. Learn from my mistake. Watch the full video NOW for a full breakdown of what went wrong. LINKS Mentioned: 🔴How I made $500 a day for an entire month: https://www.youtube.com/watch?v=J6eB6s95ctE 🔴Check out my latest playlist — 30 Trading Videos in 30 Days! https://www.youtube.com/watch?v=Jv3f_UT3SUY&list=PLTKUP0v0mxhuGLsuWuE5TFLyv3t27UzUu 👉🏼Get my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ 👉🏼SUBSCRIBE: https://bit.ly/2MDNeVq to get INSTANT alerts when I post a new video outlining my penny stock trading techniques.* ✅ Share this video with a fellow Trader: https://youtu.be/AUjrl7LU11k ✅ Recommended video: https://youtu.be/BedOkwjeLME ✅ 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 Trading isn’t just about your profits. It’s about improving all the time by continuing to learn. That means you have to learn from your mistakes. I’ll even take the lead. I made a big mistake … and I want you to learn from it. This is a tough lesson, and I’m not proud of myself. I made a mistake on a trade because I broke my own rules. Even though I’m not proud of my mistake, I have to share it with you. I’m committed to being fully transparent. That means sharing not just my successes but my mistakes too. Let me set the scene. I was feeling good … I’d had executed a good trade. It played out how I expected and I made about $2K.* But here’s the thing … It wasn’t my usual setup. It was a midday trade — not when I usually trade. But it worked out, and that made me cocky. So I let myself believe that it could work again… And I jumped into another trade. I went against what I believe, and I got in trouble. In the video, I’ll tell you exactly what went wrong … and how I dealt with it once I realized my mistake. The silver lining: if you keep your positions small, your losses will be small, too. A loss on a penny stock trade is rarely the end of the world… What’s key is how you handle it. If you can learn from the experience, you can find value in your losses. You gotta know this: trading isn’t just about making money. It’s about building sustainable, smart habits that can help you to become consistent over days, weeks, months, and years. Even if you’re making money right now, you could be doing it the wrong way and building bad habits. And that can cost you money in the long run. Don’t say I didn’t warn you. Yep, this happens even to experienced traders. I got cocky from a trade where I broke my rules, and it was a slippery slope. I have over 20 years of experience in trading … and I’m telling you how easy it is to break the rules. The consequences can be dire. Don’t let it happen to you! What’s your most frustrating loss? How were you able to learn from it? Leave a comment! ✅ Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
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Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.* —————————————————————————————————————-
* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/

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