The other day I made this video about trading low priced stocks like a sniper and not enough students watched it so go do so if you haven't already...or watch it again because it's very useful! Today's video lesson might be more basic, but it's SO good to review the basics on trading days like today when there aren't many great plays, and I am SO honored to teach 2 NBA player greats Cuttino Mobley and Jim Jackson! I'll teach ANYONE as long as they have the right attitude and these guys wanted to see the ins and outs so I taught them...here's part one of our teaching session, please share it on social media like Twitter/Facebook, leave a comment below and let me know if you also want to see part 2!
Posted Feb 05, 16 11:35 AMbytimothysykes
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Yep Financial Freedom is what I'm after
haha Cuttino Mobley and Jim Jackson, great players.. n wat a duo Cuttino Mobley n Steve Francis were!
I like how bullshit is blocked out but then literally a minute later you're saying "I hate fucking brokers, I hate them all" hahaha thanks for the vid!
Awesome :)
Heck yea part 2... this is good stuff!
Watched and Learning! Tim I loved watching you teach in that setting.
@timothysykes Hey Tim, I know I saw it before.. however I can not locate the video but can you remind me how much you typically bet in your positions. I recall you said you use 30% of your portfolio in a position. But in these penny stocks I am trying to select a figure amount. Example 5k, 10k, 15k . And also do you compound your earnings. Or do you continue with the same 10k bank roll or whatever you use?
@ademkow the % is different for every student, whatever you're comfortable with and err on the side of caution
Love the KISS approach...makes it easier for newbie like me to understand
That was nice. Great video on basics!
I swear I can be a teacher. I know basically all your 101 talking points.
@ademkow I remember on one of his HTMM dvds he says with a small account he'd bet 75% of his account which is what I do in order to grow my $2000 account quickly. Sometimes I bet 100% because the odds of losing it all or a stock dropping to zero is slim to none as opposed to the lottery or gambling where you can lose it all. So, bet big. Go big or go home!
@ademkow And Defintely compound your winnings! Grow your account expontentially! With $2000 and only ten trades a month of a gain of only 5% you can be a millionaire in under two years (22 months)! but Only if you compound your winnings! and bet it all! This is not what Tim would advise, though. He told me personally do not aim for small 5% gains. Aim for 10 to 30% gains. but if you have no choice and the stock is not moving take $5 if that's all you can get.
@OmArLiVeS I normally play the 52 week high or all time high break out plays and ride it for 1 - 3 weeks with a 10 day moving average as my sell strategy. But right now nothing can hold its momentum with the market and ive been taking a beating. I think these strategies Tim has is excellent right now!
Excellent vid. Good explanation of the January effect too. Thanks!
They look like they didn't understand anything
part 2 tim!!!!!!!!!!
Awesome Tim, can't wait for the second one.
You are the best Tim! 👍
Part 2 for sure!
@ademkow 1 to 3 weeks? Tim has trouble holding for 1 to 3 hours as he said in the latest vid he has up teaching the basketball players. All I wait for is the morning spike and sell when I see it is losing momentum or if I get in too late like when I chase them I will hold until the next morning bcuz since it spikes one morning it should spike the next morning. Well at least the odds are they will spike again the next day.
@OmArLiVeS I greatly appreciate yours and Tims insight. You both are teaching me something. And the strategy most definitely is a winning strategy.Mine in an bull market I would usually buy the mid-cap all time highs with massive volume and I would spread out on a couple using full margin. So if you have 100k I am using 200k. Make near 10% and compound 3 times and you have doubled your capital. However right now I cant expose that much in these choppy markets and I have been getting crushed.
@OmArLiVeS Wish there was a way I could show you some screen shots, or charts. Kinda close to Tim's methods just in big or mid cap companies..
great video, wheres part 2?
yea!! Tims the man!! I want to see Tim play ball with these guys
Hahaha yes awesome
This is great, I love watching this videos, I am ready for part 2 where is it.
Yes, yes, yes...please post part 2. Thank you!
great video. definitely want to see part 2
awesome video, so are you going to give away you apple watches since you dont use them?
Lifestyle..Think BIG...the pathway: Go In with A plan..FOCUS on the PATTERN..LIVE n die by the PATTERN..the CHART IS YOUR BEST FRIEND..look for MAXIMUM VOLATILITY not quality in penny stocks..your edge is knowing its end game is failure..go for it! Great Review Tim! : )
Good reminder
Watched, archived & learned. I will be a millionaire by the end of 2016.
Love It Tim, You are Great.
@smillie327 Great sum up!
Both guys played in Texas, Houston and Dallas, where I live now! Pretty cool
im not going to lie, seeing 90s ballers on my investing and trading media is peculiar. i guess its all for the better if it helps spread the message.
keep up the good work Tim! love this episode
@Dyemare Thank you : )
Great video Tim! Can't wait for part 2.
Great motivational spot Tim. That's a YES for part 2 please !
this was a great clip....please release part 2!
Thank You!
Hey Tim shared on Twitter would really like to see part 2.
This is awesome! I'm pumped up all over again
Tim, Great stuff ..Does not matter if you are famous or just a beginner. You have to start with the basics. Your continued hard work and teachings have proven that no matter who you are, no matter where you are in the world. if you have the desire to work hard and study with your tutelage you too can become a millionaire.I thank you for your mentorship !!!
thank you Tim, :)
This video is great wish it was longer
Great Man
Such a cool overview.
Watched!
Anybody can learn trading .. Multiple streams of incomes are great ... Nba is short lived , invest in your future when nba success dries up , you have a fallback to keep the lifestyle and be financially smart
Loved these videos with the basketball players, its quite nice to see they want to learn how to trade, they probably don't need the money but like everyone they want to learn a lifetime trade.
Thanks Tim!
Great rundown!
Thanks Tim!
TY Tim
Great Vid
note to self: trade the volitility 5/27/2018 gsi @ $0.10 ears $1.19 pump n dump short.
Thanks Tim!
• December is the worst month for penny stocks. • January is the best month for penny stocks.
Thanks Tim
Thank you Tim
Video watched. Muchas Gracias.
thanks tim !
Thanks Tim
great video
Preparation + Opportunity = Success "Knowledge and self-sufficiency are critical to my success in penny stocking."
Thanks Tim
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Thanks Tim
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