
Patience vs hope: Patience is when the stock is still within your plan. Hope is when the stock is outside of your plan and you are crossing your fingers that things will turn around and go your way.

It's okay to add to your position if and only if the stock is still within your plan (patience). Adding after your plan has been broken (hope) is dangerous. This is when you should be cutting your losses, when your plan is broken (or price/action is outside your plan))
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All week I was very cautious/disciplined, then $TSLA started bouncing and I "wanted to be a part of the move" so dumb...I'll do detailed video lesson this weekend, glad I didn't alert it since I was deadwrong, but should never have done it in the first place, ruined a lot of solid little trades this week for me

@timothysykes is the Lionel Messi of trading TEACHERS because he is 100% open and transparent with his wins AND losses all to help his students. VERY selfless and it takes big ol’ balls to do that when you have so many followers!
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Make him build a school in Bali!! good interview, worth the rewatch


@timothysykes wow I absolutely loved this! Seeing you and the mind of a promoter talk about all this was very exciting and unique to me! I can't thank you enough for this video. Also watching the very end I didn't know all that but thank you so much for dedicating your life to charity and your students. You are giving every one of us the opportunity of a lifetime if we work hard at it and thats almost unreal. You are such a real/ great person and I look forward to meeting you one day.

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@Blivingstone82 just became a fully transparent trader today!

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Great lesson E


Thanks Ellis, definetly need to put more time in analyzing charts to find the same great setups.
Beautiful, safe and meticulous plays. That’s exactly how I want to trade! Great trading Tim!
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