🔴 Become Tim's Next Student, JOIN my Challenge: http://bit.ly/38i2Po1 🤑👇🏻 EXPAND DESCRIPTION for more LINKS 👇🏻🤑 When should you be aggressive versus conservative in a trade? Smart traders figure it out … Learn the difference now! LINKS Mentioned: 🔴 Save the Reef merch: https://karmagawa.com/collections/save-the-reef 🔴 Keep track of your trades on Profit.ly: https://profit.ly 🔴 Learn more about morning panics: https://bit.ly/2ONbszr 🔴 First green day pattern video: https://www.youtube.com/watch?v=1oOcAMIFUMA 🔴 Don’t miss my Trader Checklist guide: http://po.st/YT-trader-checklist 🔴 Apply for my Trading Challenge! https://bit.ly/2UIfyMU 👉🏼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/XXF4GTse_Z8 ✅ Recommended video: https://youtu.be/ditQiliw8R0 ✅ 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 Should you be aggressive or conservative in a trade? It depends. There’s a time and a place for both approaches … It depends on a ton of different factors. Can you listen to what the market’s telling you? In this video, I explain when it’s time to be more aggressive and when it’s smarter to stay conservative. Some traders think they always need to take the same type of position in trades. But that’s just not true. You don’t need to have the same position size or goals in every trade. Sometimes I take bigger positions, and other times I take smaller positions. Sometimes my goal is 20%–40% when a stock is spiking … Other times it’s more like 5%–10% when I know it’s not the best setup. You might not make a huge profit on every trade. That’s OK. You shouldn’t dismiss trades that deliver smaller profits … Remember, small wins add up over time! This isn’t an exact science. You’ll never get it right all the time. I sure don’t. I still enter too soon or exit too early on some trades. But when you make it a point to learn from every trade, you can start to improve over time. I’ll give you some tips for how to start understanding when to be aggressive versus conservative. For example, keeping a trading journal can help … so can a Profit.ly account. Trading success isn’t about a BS month-end statement. Trading is challenging. It’s not about how much you made. It’s how you did it and how sustainable your methods are. A good trade isn’t always one where you make a ton of money. And a bad trade isn’t always when you lose money. It’s about following the rules like cutting losses quickly. It’s about sticking to your plan and process. You can think of me as your training wheels. I want to teach you how to adapt based on previous plays and experience. I want you to keep building over time. The sooner you learn these lessons, the sooner you can adapt to what the market tells you. That’s being a self-sufficient trader. Are you more aggressive or conservative? There’s no right or wrong answer, I’m just curious! ✅ 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.* —————————————————————————————————————-
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