As I outlined HERE I'm trading with just $100,000 now using these specific broker allocations and that means smaller position sizes and better understanding of the EXACT account % I use on every trade rather than the $1.4 million I was trading with at the end of 2014...more speculative trades will have smaller positions...between 2 trades today, I grew my tiny account roughly $2k today, nothing huge, but a good start especially considering it takes some getting used to for me trading with 1/14th of what I was trading with just a few weeks ago...hope you like this new teaching idea I have, leave a comment and let me know whatcha think
FLWS is 9.14 afterhours as I type this, congrats to all longs!
Posted Feb 02, 15 3:41 PMbytimothysykes
Newsletters
TimChallenge, TimAlerts, Pennystocking Silver, Millionaire Masters Program, Pattern Pro
Related DVDs
Related Trades
thanks Tim
Great lesson Tim. Yes I'm a bit spoiled by the free lessons but also keep in mind I could not be more loyal to you! :) BTW I do want the glasses because it would afford me a chance to tell everyone that asks me about them - Have you ever heard of Profitly? hehe
Please use the Sure trader more often as it is closer to my account size and it will be more realistic of what positions i can take and expect to get in return.
Hey Tim! I'm really thankful for these videos. Even though I still haven't purchased your Pennystocking silver subscription (which I'm about to do), I've learned so much from these free videos, as well as some of your DVD´s I've studied. I want to work as hard as I can to achieve this goal to make 7 figures! I know it takes a lot of work and discipline and the markets will most certainly slap me right in the face at the beginning, but I'm willing to go through all of that. I've slept 5-3 hours a
night just so I could learn everything you can offer! I've been studying about 6 months, but I want to know more. I want to learn every single thing and I can't stop. Learning never ends. I can't believe that only 10% or less won't even bother watching your daily video lessons. All the other 90% probably think that they can be successful without education, or maybe they are just too lazy??? Now I see why 90% of all traders lose money... Looking forward to learn more from you! You truly know wha
t you are doing, don't worry about haters, they'll figure out they were wrong sooner or later when they've lost all their money. Looking forward to purchasing your "How to make millions" DVD as well as penny stocking silver subscription! Keep it up! -Kasper
100 000 seems to make more sense for tesching
Tim, now that you are trading on small accounts, it is close to my reality of starting a small account with what I can afford for now. But I'm getting there, hopefully, with your free lessons. Thanks, learned so much so far.
Thanks Tim, I discovered you last month and I am making a profit already. Small profits, but still profits in a down market. Keep it up!
Thanks!
Always interesting to have your analysis after the day. I was watching the trades you did live today on $YOD and was like...hmmm, no way I would have triggered a position seeing the big ask that was building @ 2.80$ (30 000ish shares at one moment...). I was glad you exited ! I traded $MILL right off the gate and sold at the peak. Made a lot on this one... My preparation and my scanning is at a new level with all your teaching Tim, thank you so much !
Long YOD @2.46 on a "speculative" 400 shares. Let's see if we can get another pop to $2.95+? Got nothing but time!
I hope to see a follow up lesson on this if it does or does not break out any further. Do you recommend researching for updated news overnight on this for a possible pre-market sale or hold?
Great approach tim haha but some of us noobs have less than 100k, i find that the limit of the account really has a psychological effect on how you trade
Good to see this type of trading...very helpful
good video, thanks T
THANKS, GOOD VIDEO
Thanks Tim, by the way how did you see the big seller? thanks msonnyt
Hi any reason the video has disappeared?
Thanks Tim, all good now, I like the new teaching method as it will better target your newer subscribers & their accounts sizes. good thinking!
watched!
In this lesson we saw the continuation from previous lesson and we saw an example that sometimes even when you have the right idea and thesis if price action changes then you must do the right thing and you must adapt with it, if you can accept this and follow the rules then this protects you from becoming a bag holder of any ticker, thus giving you the chance to exit and even enter a much better trade that you might have missed out on all together had you stayed stubborn. very good lesson.
Its all about the odds, and dip buying near technical support tips them in your favor. Cut losses when you are wrong, especially if you're trading aggressive.
if you have a small account, try to make a quick few hundred, that what you do, just to grow it, later when you have a bigger account, you can play differently!
TY Tim
great
watched and learning.
thank you Tim
Thanks
Thanks Tim
Swell
Thanks Tim
Thanks, Tim!
thank you
Thanks Tim!
watched, Thanks Tim
tks Tim Good lesson
none
none
Thanks Tim
Thanks Tim!
+
thank you
Video watched. Muchas Gracias.
Thanks Tim
Thanks Tim
Awesome! Thanks Tim!
Watched. Thanks!
Knowledge supports growth.
Thank You Tim!!
Thankyou Tim
Thank you Tim.
Join now or log in to leave a comment