Excellent lesson Tim! Thank YOU for being so honest, it's a hard lesson to get through a new trader's head, so thank you for nailing it home.

Thanks for the share.

Tim, i don't get why you traded EFOI today, it's not volatile and liquid enough, the best plays of the day is CLTX , CRBP

what News that came out is he talking about? couldt find anything on Yahoo or Google.. anyone got a link or somthing? :P

What a great training teacher you give it good the bad the ugly and you're always helping Thanks clean bird

@xiaoyi11788 see my watchlist, I outlined this trade before I even made it

Summary: 1. Trade scare 2. Don't hold if there is an expose 3. Chat room provides good feedback that we should pay attention

@timothysykes good video. Thats how I blow out big time today. Getting small gains before made me play wrong today and lose more then 50%.

thanks tim!!

Hope your wedding planning is not too stressful. Better yet, hope you're having fun with it!

Watched

Yes Tim Excellent lesson. Thanks for share.......

watched

Anybody that voted this below 4 stars is an asswipe. Thank you Sir Timothy for reinforcing profitable habits for a traders career.

Sorry you lost on this trade, but I love it when you show your losses :) I'm learning big time. Thanks.

@shockdav YES, exactly!

@timothysykes ... how, in the name of all that is good in the world, do you possibly find time to read through these comments, and even reply! Are you using some sort of algorythm? You amaze me! PS. You'll probably never see this, or at least it is unlikely, but I want to THANK YOU most deeply! You inspired me into this and it's working out thus far. I treasure your insights and wisdoms in the great game of penny stock trading.

@Beneficient haha I read every comment, every email, every suggestion, every criticism, that's how you improve as a teacher :)

Sorry Bianca, the Lambo has to stay in the garage today, i lost the gas money... all lessons are good lessons.

Honesty is key to yoirself to your business, it pays.if wrong cut losses quickly, this got to sink!!!

Watched; So much info thanks see you in VEGAS

Tremendous respect for admitting mistakes. If we're all honest with ourselves we can save a lot of money! Hence why I send people Profitly's way.

2

thank you Tim :)

Great lesson. Cut them or they will likely grow to be too big, eventually. I think rule #1 is 90% of being successful, over time with patience. Basic math..but with emotion comes mistake.. cut losses or go from punch to the gut to a baseball to the nuts, lol

Key take away from this lesson is we All make mistakes even Billionaires make mistakes. The key is to identify what you did wrong what you could have done better and what you will do better next time, learn from your mistakes that is the key each mistake is a lesson that if payed attention to will help you grow as a trader over time, Tim showed in this example how a ticker broke support and you play it safe the hold and hope does not work, cutting losses quickly does, protects you from disaster.

watched and learning!

Chatroom is awesome!

Much Appreciated Tim, you're an amazing guy all around.

Great lesson

Honest mistake, but rule number one saves the day! Do not be in a trade with contradictory indicators, and do not enforce bad habits! Good video!

TY Tim

Great Lesson..thanks

Thanks Tim

thank you Tim

First video lesson around the beginning of the last market downturn...trying to prepare for whats happening now in March 2018. Thanks for the lesson Tim.

great

Another one watched. Good video.

none

Thanks Tim

Thanks Tim

Thanks Tim

You cannot cheat your way to success. Learn from the past, study in the present, and prepare for the future.

Thanks Tim!

Thank you!

Thanks for the lessons boss

+

Thanks Tim it is about making small mistakes and not being stubborn and cutting losses quickly when there is a sudden expose when I am long or cutting losses quickly when there is a press release when I am going short

Thanks Tim for the great lesson.