URGENT: Watch this free guide by October 15th, no excuses, don't miss this deadline...I changed it from October 1st to October 15th to give you more time, blog post coming tomorrow explaining more
Yesterday I posted my latest live trade here, today I want to take a look at the past 3 weeks, especially my trading during this tricky time period...leave a comment and let me know if you TRUL understand the lesson I'm teaching here...today was another good example, $200ish loss on my failed breakout NAVB trade, +$1,800ish on my RSYS successful bounce play longer term trade...pretty cool how consistent this has been in September
Posted Sep 22, 16 12:00 PMbytimothysykes
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thanks again Tim. I'm starting to grasp everything. having trouble making successful trades as i'm still learning to execute. Trying to stick to breakouts but difficult deciding on best time to get in. will keep watching videos!
As usual, appreciate the coaching, I am getting better at cutting losses with your training. Keeping up the studies, will finish SSS vids this week. Tons of thanks.
i needed this video lesson. makes total sense why you trade so safe.
Great vid, I have seen the difference in sept. compared to previous months. I have only been trading since April and it's been a roller coaster, thank you for the vids and other information you teach it helps a lot. I just finished reading Trading in the Zone and that book described me to a T as a new trader. I quit posting trades in profitly about two months ago because it depressed me but now my mind is in a different state after reading that book and will back log my trades. Thanks Tim
Cut losses quickly and adjust to the patterns, Thanks Tim
very useful information... the rules are so important when there aren't that many plays. adapt or perish
awesome recap and lesson as always
Good video, specially "SAFETY, SAFETY, SAFETY".- Timothy Sikes. Quote. Keep the good work
I like the message Tim. I've been watching your trades all month long and in retrospect, they're all relatively safe. Made me up and realize to risk less with my small account
Great lesson Tim . Thank you !
I'm picking up what you're putting down
This is why i pick you to be my mentor! Awesome job!
Watched this at a perfect time. I'm a new challenge student and I'm about to start paper trading, so this gives me a great standard to live up to! Thanks Tim!
Perfect visual example of rule #1 in effect. Probably my biggest problem as a new full time trader is limiting the size of my losses, crucial lesson here. Thanks!
You're the best! For a new challenge, during a month if you keep your losses under let's say $150, or $200, or whatever, then you should donate all that months profits to charity, to prove your #1 rule is KEY and to also prove to those nay-sayers!!!!!
Fully understand the video and your point...............have struggled to action the point though! I think this video has really hit it home though. I liked SSS very much and found it incredibly useful.
you're saying to cut losses quickly, rule #1!
Spot On.. I am often asked what I think is the most difficult thing about trading and my number one answer is being disciplined. It's not easy but it is required!!!
since my niche is dip buying snd thats really what I'm really good at I should stick to that, right? I'm not so great at buying breakouts or even earnings winners but I always cut my losses quickly
The market has changed. I thought, i was just being a wierd newbie. I am having trouble finding good entry points. Everything seems slow moving at the moment. I watched ATEC all day and a couple others but I personally could not find the spot to jump in at. I just dunno but ill get it in time.
Got it Tim. watched and learning!
Thanks Tim for everything that you do. It really means a lot.
You're Doing gods work man. I was really In a dark place today, this video gave me an appreciated hope. Thanks Tim
Thanks tim!!i really need this video
Cut losses quickly and wait for the high SSS trades 70-100
Great video
Stay discipline! Right. About to jump on2 Disk#6 of Traderchecklist. Please let us keep this in the "My DVD" section
Cutting losses quickly all the way to the bank, haha! Good to know, and this was definitely the highlight of Tim Grittani's seminar as well.
Yes agree it has been a difficult market especially trading with small account...i have adapted by returning to paper trading and studying rather than forcing trades that aren't there...rebuilding confidence, continuing to learn and trying to improve.
Totally get it. Thanks for the constant updates. The way you are teaching and conveying your ideas have gotten much better in the past few months that I have been a part of this community.
Great video Tim. Love it
Great Man... I public all my trades... very sloppy on my first month of trading, but I am proud of some things that I am doing ok as I understood your strategy... Keep adding to the knowledge account.... learning and improving...
Completely understood! Awesome motivation! Thanks Tim! :)
Watched... still learning
Got it. Thanks Tim!
Control every single loss. That rule is amplified by commissions when trading w a small account. So important.
Thx Tim. Appreciate the coaching and message understood. Will keep practicing and keep studying.
Awesome video! The graphic example is very helpful. Trading since June. Still learning how to cut losses quickly. "Do or do not. There is no try." -Yoda. (I think I saw that in one of your videos.)
Great advice, thanks.
I totally understand. I've been a challenge student since June 2016 and have just begun to really understand trading. i felt that I had the perfect setups. but sometimes I missed my entry, didn't get filled, or mistimed an entry and while it's frustrating to just lose over and over, risk levels must be respected and losses must be cut accordingly. Thank you. Valuable.
It really does make a lot of sense when you break it down. As long as your losses are smaller than your gains and you learn from each one you are getting richer each time! (in both monetary & knowledge account) Thanks Tim! :)
Discipline. Rule#1 Cut losses. Thanks : )
fantastic reminder video Sir
Great video, Tim! Absolutely makes sense. Looking forward to a great last week of September and month of October where I can get some solid wins that are much bigger than any losses.
Overall you winning thanks for the lesson I'm convinced cut loses short I'm coming back in will be resigning back in
Great video. I am paper trading now and trying to cut losses quickly and also to pick better trades. Discipline is developing. Hopefully early Oct I'll be trading very small with real money and can post on Profit.ly. Challenge student for about a month! 6 paper trades last week, 2 winners, net loss about $250.
Great video. Thanks Tim!
Just Joined, thank you Timothy for reaching out to people like me who feel that everyone is trying to take advantage. I listed to a radio show with Jane Gallina, she convinced me you must be they right mentor for me. I tried linking to your http://traderchecklist.com/ with Firefox but found it did not work. After switching to Chrome it seems to work.
Thanks Tim. !
I understand.Cutting losses quickly has been the single-biggest reasons my overall profiting has sucked and it is now my MAIN focus when trading.
If you cut your losses quickly, it can be beautiful.
I understand
Interesting how it changes over time - Jan vs Sept - good to understand the temperature of the market but also to remember that winning % isn't the same as profits - P & L and the PROCESS are the only things that truly matter
I understand. Thanks Tim!
Cut those losses, it makes a world of difference! Especially when the market is rough!
Watch this one often when having troubles Cutting Losses
Notice how all these losses totaled only eat up the smallest profitable trades, the rest of the profits move the account positively. You want one trade to wipe out all of your losses. Rule #1 saves accounts! Yup, he did the math in the video too, as expected
GREAT
Cut losses quickly and let winners run. If you are disciplined then you can cut losses before they become disasters. Even with all your losses you can cover them all with one good winner and that is the key to growing an account.
Thank you, refresh my memory to cut my losses quickly.
Thanks Tim
check
Cut losses quickly, Having gains bigger than losses, the way to go up, TY Tim
Crucial lesson. Need to keep pounding this into my head
cut your losses quickly it can beautiful.
nice summary thanks Tim keeping losses small
Cut losses quickly and move on!
Never get comfortable with anyone trade. Be prepared and cut losses when you need to.
disiplin.....what a beautiful habit
Knowledge supports growth.
Thank you Tim! I understand what you are saying.
If you cut losses quickly when trading the results can be beautiful
none
Thanks Tim. adapt to the market and play it safer if the market is tougher
I understand! Keep losses small!
Risk reward is key. Thanks Tim.
Thanks Tim!
you should rename this video to , how to have the right mindset and become a successful trader , control your losses and stay discipline
Video watched. Muchas Gracias.
Thanks Tim
Thanks Tim!
Thanks Tim
Thanks Tim if I cut my losses quickly trading can be beautiful
Cut losses quickly
Thanks Tim
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