See last week's "5 Lesson Friday" here, this week's edition is 20 minutes long, but worth every minute and it's posted below. I think it's the best one yet, but leave some comments and tell me what you think, especially given how things played out during my weekly live trading challenge webinar this morning:
Posted Dec 04, 15 2:00 PMbytimothysykes
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Basics, Breaking News, Classic Lessons, Earnings, Great Trades, Price Action: Buying Dips/Panics, Price Action: Morning Spikes, Short Selling, Short Squeeze, Shorting Low Floats, Smallcap, Story Stocks, Supernovas, Swing Trade Catalysts, Technical Analysis, Technology Stocks, Trading Mistakes
Thank you Tim!!
Thanks for the video and for the teaching Tim ! You're the man !!! Today for me, $LIVE : in 1,91 - out 2,27 !! Thanks to the videos aboutearning winners !
Thanks tim. Very useful and helped answer some questions i had.
AWSOME!
Thanks Tim.Great insight
I'm banking in knowledge man!.. Thank you!
Awesome lesson! I really like how you broke down the three possible trades in $LIVE today.
I'm only a noob who is still paper trading but today was a great today for me learning and making paper profits! Thank you sir!
Awesome lessons. Thank you teacher!
love Friday lessons :) thank you Tim for another excellent video recap :)
Thank you, my fav teacher (and not the teachers of my college).
Just when I was wondering how you chose the dip for $LIVE, you explained it in detail here. Thank you, Tim.
Wow michael good lost 40,000 on kbio short
It does work when you CUT losses Quick & Follow the Rules even if paper trading.
Thank you. Enjoy the weekend.
watched!
Thanks Tim!!!
Thank you Tim for reminding us.
Great lesson!!! Lesson two to four are the most important! Have to drill that into my head! Thanks Tim!
Thanks Tim...the hardest for me is taking a loss quickly on a supernova like ATV where there is no support history going back 2 years and i can't help thinking it will turn back up BUT it just doesn't..so get out when it stops going your way period, end story..i get it now.
Respect every single run,. Cut losses quickly,. respect the power of the market.Don't ever feel influenced to trade a stock just because the whole Chat room is talking about it!!
Great lessons! Although I did not traded LIVE today, I noted your buy and sell points and learned a lot.
Best 5 lessons Friday ever! Thank you, Tim! Great to have you and your teaching! Much love
Thanks Tim!
Great Video and Lessons Tim! Thanks again for your time and effort in trying to help us. I just opened my small ($2500) account on Nov. 24 and made my first trade on the 25th. I've only made 5 (scared) trades so far, but profited on all, with today's being the best with THST/short for $120.profit.(more than a day's pay for me) Will post MON. Thanks again for all your hard work, by following your rules and strategies, I'm growing my account, even it it's only baby steps for now.
Thanks Tim,
love ittttttt more more more. i look forward to friday
Great knowledge once again! This knowledge is worth way more then what you give it to us for. I am definitely grateful! Thanks!!
These 5 lesson Fridays are the best! I have to admit I was one of those students that had to learn the hard way how to cut losses quickly. I've been paper trading for the last 6-7mos & I've finally learned RULE #1! Now I have a new problem - get out of trades too quickly b/c I trade scared. A GREAT problem to have and when I do start living trading again, I won't be upset if I leave lots of money on the table.
Oh, I forgot to mention, I actually paper traded $LIVE today. I got in at 1.74 and out 2.09 with 1000 shares. Made $350. Just like you said, it went up to 2.70ish. I left lots on the table lol
Thank you for another 5 lesson Friday! Slowly learning to be patient and wait for the right pattern to come.. Appreciate it as always
Thanks for the lesson Tim! 5 lesson Friday videos are awesome. I always watch them a couple of times, and started a 5 lesson Friday notebook. The recap of your trades along with the 5 points is very helpful!
CAN SOMEONE POST A LINK FOR ARCHIVED GRITTANIS WEBINAR?
@smillie327 Yes, that was me too with $ATV made $3K going up, bought in and out on the dips, locked in my profits. But then I held it overnight and didn't cut my losses in the morning when it opened $3 lower. Kept hoping it would go back up, ended up losing everything I had made the night before. Arghh. Cut your losses quickly, I know better! Did better with $LIVE on Friday though, thanks for your videos Tim.
Great Tim thanks , great wiken👊🏽😎
@Arturas414 sure its right at http://tim.ly/millionairewebinars enjoy!
Love it ! Thanks Tim !
tim when you say cut losses fast is it easier to just set your play up with the 5% downside on your stop loss order or do you market order and just adjust to price action
Great lessons, Thank you Tim Teach!!!!
Great info.... thanks!!
Love the Five Lesson Friday videos so much! Keeps us focused and on the right track...thanks!
PERFECT to watch on a Sunday night before another day of trading. #3 don't be greedy. It's ok to have small profits if they fall in line with a plan. Good stuff Sykes.
Thank you so much, Tim! Love the 5 lesson Friday!
5 Lesson Friday! 1. understand that a trade is not judged by its outcome meaning if you make profit or not, it is instead judged by how well you followed the indicators and rules regardless of the outcome 2. trading can bring quick profits but you must also be disciplined with the power 3. do not get greedy remember you aim for the predictable meat of the move the consistent profits not perfection 4. If you want to stay alive in the market you must understand cutting losses quickly 5.Study!!
Love the 5 lesson Friday, I have learned so much from your videos, Cut losses quickly is so stuck in my Brain..
watched and learning!!
TY!
Great comments on how to grow your account. I bookmarked this to refer to over and over again. Thank you so much @timothysykes !!!
dont short when a stock is down 50% it can spike
Good lesson Tim
5 lesson Friday! Study, study, study!
Thanks Tim!
very useful lessons in here, thanks for another 5 lesson friday
Study!
"looks to be solid base at fish"
Thank you for another good video Tim. Like the lessons and steering us towards quality trades that focus on the patterns. When I trade I almost like to avoid chat because it sometimes distracts me from good trades while looking at other ones.
I love 5 lesson Friday. You should bring it back Tim! ;)
TY Tim
this is one of my favorite video lessons
Thinks Tim. don't ignore rule #1 its your power don't lose your power.
Thanks Tim
Great lesson
Thanks Tim
thank you Tim
great
Thanks Tim!
Thanks Tim for the lesson
Thanks Tim
too much rant
#FutureMillionaire
No matter how confident I am in a stock. I will respect rule #1.
Thanks Tim!
watched & bookmarked
none
5 Lesson Fridays are awesome. Bring em back Tim!
Video watched. THX.
Thank you Tim
Thank you Tim!
beautiful , dip buying on ears on $live and atv dip buy on contract beautiful panic and learning and i'm not banking yet working on it.
Thanks Tim
Loving all of these 5 lesson friday videos.
love the lessons here
You cannot cheat your way to success. Learn from the past, study in the present, and prepare for the future.
Bring back the 5 lesson fridays
Thanks Tim!
Watched. Thanks!
Thank You Tim! STUDY STUDY STUDY!!!! Keep them coming Tim!!!
Thanks Tim
+
Thankyou
Thank you Tim.
2nd watch
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