For the first time in 10 years, we’re in a bear market. Many new traders haven’t seen a bear market … so what does it mean and how can you prepare? Watch this video to learn about my experience and tips for how to prepare for this type of market! 🔴 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/bN6kG6RQmKY ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2KbcqUA Subscribe to my FREE weekly stock watchlist here: https://bit.ly/2XdCD8x Try out this special offer for Stockstotrade: https://stockstotrade.com/14daytrial/ ✅ Recommended video: https://youtu.be/2YKHl_iAKz4 ✅ 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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For the first time in 10 years, we’re in a bear market. Haven’t seen a bear market before? How can you prepare? The simple answer is that you can't prepare. Don't try to predict future markets. Learn to react to what’s happening in the markets. Learn to live in the moment and trade in the moment. I want you to learn patterns … And different markets have different patterns. FOR EXAMPLE: Lately, a lot of stocks with terrible long-term charts are spiking for one, two, three, or four days. In the past, stocks with bad long-term charts would only spike for a day. The market is adapting and changing, and you need to learn to adapt and change with it. If you see a pattern that's working again and again, try it. You can always practice first. Try to paper trade it with fake money using StocksToTrade. You can also try trading with a small account. Don’t go all in when you're testing out a new strategy. But by all means, TEST it in the moment. You can’t predict what’ll happen in the market. You can't predict what’ll happen in the future. Instead, learn to react. It can be a tough lesson, but preparation can sometimes actually make you do worse. It’s still important to study the past. But you need to understand that what worked in the past may not work in the future. You can still learn from this — there are some parallels. Sometimes the same sectors, the same stocks can spike in a similar manner. You don't have to know everything. You don't have to prepare ahead of time. What you have to do is study the past and then be ready to react to the patterns that are working now. How are you reacting to the bear market? What strategies are you using and how are you adapting your trading style? Share your triumphs and fails in the comments 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/
Preparing For A Bear Market
Preparing For A Bear Market
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