timothysykes

Terribly undisciplined trade, I didn't even alert since I knew I shouldn't be in the stock, then I tried to dig, dig, dig myself out and ended up with massive loss....only for the stock to return to my entry just minutes after I sold. Legit the worst trade of the year for me, potentially even the worst trade of the past few years given my throwing out all my rules and executing so poorly. I'm doing a MUST WATCH video lesson on this now for without rules we are nothing.

15
13110

DatePrice
Entry12/12/20244.46
Exit12/12/20243.78
  • Total Views1,187
  • Position Size37,000
  • Percentage-15.25%
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CruzControl
CruzControlDec 13, 24 1:06 AM

Very good learning opportunity! Looking forward to the video.... appreciate the transparency

KrisPATIL
KrisPATILDec 13, 24 1:34 AM

Damn... thats a huge tuition fee... and that too in biotech?

Lizzymo
LizzymoDec 13, 24 1:39 AM

Wow Tim, sorry for your loss. Couldn’t get the video to come up.

Darnel
DarnelDec 13, 24 1:43 AM

Dam… Tim like you said rules are rules, thank you for sharing. That sharing part of such a loss shows how authentic you are with your teachings thank you again

ChristianMejia
ChristianMejiaDec 13, 24 1:47 AM

I’m looking forward for the video lesson. Need that strong reminder of the rules myself.

jimbocoy1
jimbocoy1Dec 13, 24 2:27 AM

Brings it all home and back to reality that the master can also fail big, thanks for the Honesty Tim.

JuMO
1
JuMODec 13, 24 2:42 AM

I’m so glad you screwed up this trade so much. Don’t get me wrong, I’m not happy you lost on it, but I could write that exact same thing for so many trades that I should have never been in, and then wanted them to turn around so bad that I stayed too long only to have it bounce back after I got out. It makes me realize that when you trade like Tim, it usually works out. When you trade like me, you get this. I’m going to print out that paragraph and hang it on my wall. Thank you.

queenb575
queenb575Dec 13, 24 3:20 AM

Thank you so much for this Tim. I am sorry you had this happen but now I know you are human and not Iron Man. I to could write the exact same thing also and have been in time out just going over videos and RULES RULES RULES!!! They are there for a reason for all of us.

sgnethery
sgnetheryDec 13, 24 4:48 AM

Man I hate that for you Tim, I know this really SUCKS. Thanks for being transparent

Tusya1
Tusya1Dec 13, 24 6:02 AM

You will catch up in no time. This is a good lesson for me showing that I must stay disciplined and follow the rules.

brusterstrades
brusterstradesDec 13, 24 7:42 AM

Our biggest loss was $202, and it felt like thousands. We were not very careful of our losses. That experience had us develop a couple of personal rules and we're happy to say that our December average loss is down. Thanks for sharing this, Tim.

bankhead89
bankhead89Dec 13, 24 7:43 AM

I can't yet imagine such a big loss but thank you for sharing and helping us learn from your mistakes.

IUR86340
IUR86340Dec 13, 24 11:33 AM

Thank you for being transparent and teaching what it really takes. You will get that back over time, for sure master

maycove
maycoveDec 13, 24 11:38 AM

Tim, I love your candor! That is why I continue to follow you. Francois

tunney1025
tunney1025Dec 13, 24 11:40 AM

Thanks Tim for posting this, most people wouldn't but praise GOD for your desire to help everyone who is following you. Helps us all to learn to stick fast to the ruless. GOD to shine HIS glorious face on all on this platform.

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