bank_a_tronic
1
bank_a_tronicOct 27, 15 1:20 PM

Hey Diamond_Dave-you were right! Nov. 15th ;))

jenross24
1
jenross24Oct 27, 15 1:44 PM

Little exerience and PDT are making me be very cautious, trying to plan, and see good entry points. Have to admit still a little uneasy with holding overnight. Working at it. Thanks!

intna89
1
intna89Oct 27, 15 1:47 PM

Awesome Video lesson!!! one thing i would say if you give heads up before you trade something..It will be more awesome.. since sometimes the alert comes so late that we often miss the point.. thanks again

mithunan88
mithunan88Oct 27, 15 2:16 PM

what trading would be good in Canada

BigDog
BigDogOct 27, 15 2:38 PM

watched, thank you Sir!!!

jettn
jettnOct 27, 15 4:03 PM

Thank You! I couldn't figure out how you knew that XGTI would bounce instead of continuing to crash at your entry point. Was definitely looking forward to your commentary on that play.

SimonS
SimonSOct 27, 15 5:14 PM

Thanks Tim

Jaymoney
JaymoneyOct 27, 15 6:51 PM

Awesome lesson! One of the main points is patience!! Something I still struggle with but getting better at through your teachings. Grateful for the lesson. Thanks Sykes!

traderzjourney
traderzjourneyOct 27, 15 7:10 PM

Thanks for the lesson. I like getting a daily video lesson. It helps to clarify patterns and thoughts from the day.

shmori
1
shmoriOct 27, 15 7:22 PM

I love Tim's concepts but I disagree with the comment that you don't have to be sitting in front of the computer.. I work full time.. I can tell you that most of the big losses that I had, has beeen because I could not be watching constantly for trades going badly... So even though the concepts and strategies are great, you CANNOT do this effectively if you are working full time and do not have the time to follow the trades.

RoadToVegas
RoadToVegasOct 27, 15 7:28 PM

Thanks for the lesson Tim, I am ashamed to say that I was one of the ppl that went long on UQM and went in at the wrong entry position. After watching this, it is a lot clearer to me and I thankyou for explaining it. #lessonlearnt

RoadToVegas
RoadToVegasOct 27, 15 7:29 PM

I also need to get level 2. Its hard to trade without this. I was going to upgrade my subscription with my broker but I will wait until Stocks to trade comes out and get it there instead

timothysykes
1
timothysykesOct 27, 15 7:49 PM

@shmori stick to perfect plays like buying earnings winners like MEEt and shorting pumps like PTRA and you can hold stocks for days/weeks

migzmillion
migzmillionOct 27, 15 8:01 PM

GREAT VIDEO LESSON. THANKS TS.

timothysykes
timothysykesOct 27, 15 8:39 PM

@freedomfan because you're trading speculative ideas instead of sticking to better setups :)

shmori
shmoriOct 27, 15 8:45 PM

@timothysykes Will do... But Don't get me wrong.. I love the strategies.. And if you follow the principles you teach, you will come ahead... I just wish I had the chance to do this full time...One day, I'll do it.. It's the damn student loans that prevent me from doing it. :)

Mark_Newman
Mark_NewmanOct 27, 15 9:23 PM

Great risk/reward lesson for small accounts like me,need to hammer this into my brain.....

shockdav
shockdavOct 31, 15 6:10 PM

Summary Valuable lesson: if the setup it is not perfect then it is best to give it time to potentially get a better entry. For example if looking to short and it is taking time to really crack then think about waiting for a spike to enter. You dont HAVE to be in a trade

Chicago777
2
Chicago777Dec 06, 15 8:41 PM

The main key take away from this lesson is to trade safe at all times, always adapting to price action so as to protect your account, among other examples here we see a ticker that the original thesis was a bigger move during the day on the long side based on the pre-market move, but then we see that the price action changed and was running into a solid wall so then Tim adapted and got out because there was a clear wall, others decided to get stubborn and by eod they had announced a financing!

Chicago777
2
Chicago777Dec 06, 15 8:45 PM

Tim explains that had he know about the financing he would gone short instead but there is no real way to predict it you can anticipate but very unlikely, the stock ended up dropping 1.00 from highs so any holders who might not have cut losses quickly instead added breaking rules more than likely had even bigger losses, something that could have been prevented if you just stick to the rules that are there to protect you. Always adapt,we see not to chase a move even to the downside on article

Chicago777
2
Chicago777Dec 06, 15 8:47 PM

Tim explains had he know about the financing he would have shorted instead but there is no real way to predict it, you can anticipate but very unlikely, the stock ended up dropping 1.00 from highs so any holders who might not have cut losses quickly instead added breaking rules more than likely had even bigger losses, something that could have been prevented if you just stick to the rules that are there to protect you. Always adapt,we also see not to chase a move even to the downside on article

rorrilljr
rorrilljrDec 14, 15 12:23 AM

Learned not to swing for the home run, take smaller positions and just be very careful, watch the price action and adapt to it, better to lose just a few cents or holding and most likely losing 30 cents, lots to learn in this video,

mbsdad
mbsdadSep 27, 16 2:28 PM

watched and learning!

STicker
STickerDec 21, 16 6:59 AM

and with those two brokers you are already up 100k! That is bad ass trading skill!

eric_Og
eric_OgJun 10, 17 11:38 PM

Awesome lesson, video lesson marathon

F12B
F12BAug 21, 17 10:23 PM

Thanks. Acknowledged.

HIMMENY
HIMMENYAug 25, 17 2:22 PM

nice trading timmay

Hayward
HaywardSep 07, 17 2:33 AM

Thanks Tim!

Machinistrades
MachinistradesSep 20, 17 10:59 AM

Nice protected short entry with good risk/ reward and possible catalyst on your side. Not a huge gain, but good entry prices are especially necessary on more speculative trades. Solid short.

ZachR
ZachRDec 21, 17 6:06 PM

Dont chase a potential B/O wait for the ideal R/R trade setup Thanks Tim

PlasticPaul
PlasticPaulJan 25, 18 10:07 PM

Very, very relevant lesson

GoshdarnitTrade
GoshdarnitTradeApr 21, 8:02 AM

Great lesson on exact timing and shorting exposès. Must rewatch!

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