I knew nothing about the stock market when I started with Tim & his team. I had never traded before and I am almost a year in. Until recently I was only able to study part time, about an hour a day & a few on the weekends. Now I am able to study full time.
I will be successful at this. There are no other options for me. Studying is key, not squirrel trading. Stocks are not shiny objects.
Study a lot & trade a little.
Here is a list of books I have read & ones I am working on in addition to: Tim's daily lessons, all the teams weekly webinars, the specialty dvd's, Tim B's daily briefings & morning meet-ups as well as the much appreciated guidance I get from my coach, Joel Sykes.
Books I have read:
An American Hedge Fund by Timothy Sykes
The Complete Penny Stock Course by Jamil Allah
Reminiscences of a Stock Operator by Edwin Lefevre
Complete Turtle Trader by Michael Covel
Trend Following by Micheal Covel
Technical Analysis Using Multiple Time Frames by Brian Shannon
The Candle Stick Course by Steve Nison
2nd week of june 8-13. Overall an ok week, i'm not particularly happy with how I traded, friday being the worst day despite the profits, I've recognized how much being around the 25k number in my account is affecting my trading, I want to grow as much as I can from there, but I find myself taking bad trades because i'm worried about going back under the PDT. Here on out, really focusing on the backside as I primarily short, Really waiting until the names are weak and really fading vs trying to trade reactively out of the open and being chopped around. It's just not worth starting the day in a whole and the mental exhaustion that it brings. I over traded friday as well. somewhere near 20 trades? lot of scalps and was just trading nervously all day. going to really reset this weekend and come back fresh. Now is the time to step on the gas! posted the proof of all the trades from friday since I didn't directly upload from TZ and didn't post under each individually.
week of may18-22, didn't trade because family was in town. When I came back I was definitley not in my groove and it showed, friday I traded like sh*t, bad entries on trades that weren't there. gonna reset for the long weekend.