Lessons from big winners are obviously much more fun and inspiring, but how will you react when a stock doesn't do EXACTLY what you want? What if you expect a breakout, but the breakout is only a few cents/share? Or what if the breakout level isn't even reached? This is an invaluable lesson on how to trade when your expectations aren't met...it's not exciting, but it's crucial for you to learn how to trade when you're wrong about a stock...that's why I have the most millionaire students, you MUST be prepared for times like these:
Posted Oct 08, 15 5:21 PMbytimothysykes
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Great Video.
Thank you for another great lesson. Ego has no place in trading. Cutting losses quickly is one of the biggest components to follow to grow an account.
So far, it shows where is the big meal during the day!, and where are the buyers and sellers hungry, learning this keys is very important.
Awesome.
Thanks
Good stuff!
Tim love the HTMM dvd and all the challenge dvd's But I really learn a bunch of extra nuances from these Video lessons. Both from you and Mark. Keep up the great work..
Just signed on with you today. Have small account loaded and locked. Youre me and my families hope to earn my way into getting off the road as a truck driver and be able to stay at home and mske a great income and more..... Thankyou Rabbi(teacher) ! :)
Nice video
Thanks for another great lesson Tim!
Another lesson learned. It is always good to learn from taking losses and taking profits.
thanks Tim, your transparency is awesome
Good lesson. Watched it. Still learning. Going through a weird phase myself. Still finding a groove. WGBS was weak in magnitude and didn't last as many days as it should
thank you Tim, keep studying and don't give up no matter how many times ur wrong, that's what trading is all about.
Short a morning spike that Fails to go green on the day,BE wrong and mininize the losses , thats the way to stay in this game , i'm gonna be wrong and remember its a Marathon and not a sprint!!!
take away from this lesson. Learning from your losses, understanding losses will happen, we learned in previous lessons recorded at a Vegas conference Superman put it in a good way "in this business losses are your business expenses and it is your job to keep them small". Just how we also learned from Lx21 Greg that to take our trading to a whole different level, we must see it as a Business, the difference between a professional who sees it as a business and an amateur who sees it as a hobby
-continued- once we have understood this then we can be open minded and really learn from our mistakes what we should have done what we will do different, we All make mistakes but the difference is what do you do about them, do you let them bring you down or do you study them and learn from them allowing you to rise above from the ashes, what you choose to do will dictate the path you will take towards the future. The choice is yours. Very educational (sun)
watched and learning!
Glad to say I'm still in this marathon, Watched every video lesson up to this one and still going strong 100+ VL's a week trying to be done before my Silver subscription expires. Was doing well short selling then had a big loss, so I went back to going long in this bull market and now I'm doing much better going long after developing a dip buy method that works for me.
I've more than tripled my account in the first 7 months of 2017 so all I can say is study yur ass off, and show appreciation to Tim & any who assist along the way. WATCH ALL OF THESE LESSONS!!
good lesson
shorting bounce when it fails to go green again, is more TG than a TS move :p
Its okay to miss trades.
Learn from ALL of your trades!
TY Tim
Being a Good trader is more about taking Good losses and being able manage risk. and thanks Tim for teaching us to be self sufficient.
Thanks for the lesson
Thanks Tim
thank you Tim
great
Thank you
watched, Thanks Tim
Thanks Tim!
none
Thanks Tim!
Thanks Tim
Video watched. Muchas Gracias.
Thank you Tim!
Thank You 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
Watched. Thanks!
Thank You Tim!
+
Thanks Tim
Great lessons. Thanks Tim.
Thanks Tim
Thank you Tim.
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