My last video outlined a good solid trade to start 2018, today's trading was all about loss containment which I did VERY well, mainly because I have the right mindset/rules...go review these key rules and also read my article here about never falling in love with a sector, just trade its volatility and that mentality protected me against big losses as weed stocks are down 25-50% on the day today due to prospective law enforcement regulation
Posted Jan 04, 18 10:07 AMbytimothysykes
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Don't need to ride losses practice getting faster and cutting losses ... Max loss under 15%. Always protect .. Protect I will
I will protect.
Morning Sir~ Nice Trade! Just listened to interview with 'Pit Bull' off one of your Reading List books on YouTube before I have been able to get to the book itself & he states very clearly- MY BEST TRADE EVER WAS A LOOSER. That stuck, as so do your webinars. Had my own mistake this morning around stress/distraction while trading. Still up 6% on 'tuition' acct, but disappointed just the same. Sit with it for 2days until settled again. I don't make mistakes more than 1x this way. Miss Me;-O)
Thank you Great lessons on cutting loses
Poop down the toilet wave LOL Good analogy. I WILL PROTECT.
I will protect!
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I will Protect.
hide your wives, hide your kids lol "i will protect!"
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I will protect!
Damage control, proud of my cutting loss quick.........$16 DOES NOT HURT AT ALL. Thanks as usual. Learning to have damage control when I get to the big time plays, practice, practice, practice. Train Train Train. Don't have to hold....Loss management saved the day. I WILL PROTECT.. no more holding .....
I will protect!!
I will protect.Thank you, Tim!
I will protect !!! Thanx Tim.
I WILL PROTECT!!!
I will protect. Pattern perfect, but bad news. Although not a smoker myself, I wish theses old gray (orange ;)) farts would disappear from the scene and have some younger ones enter the political scene.
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I Will Protect, Thanks Tim!!
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I will protect. Good, good lesson. thanks
I will protect
That explains why CANN didn't bounce. Thanks Tim.
I will protect! Thank you Tim!
I WILL PROTECT
I WILL PROTECT
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ill protect!
I WILL PROTECT!!!
I will protect
easily one of the most important video lessons of the past several weeks!
I will protect!
I will protect
I will protect my capital
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I will protect. FMO is my hangup!
I will Protect... Always Learning!!!!
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I will protect thank you Tim
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protectt
I WILL PROTECT!
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I will protect Thank you for another great lesson Master Sykes
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I will protect!
I will protect. Thanks for sharing your exit strategy to ensure quick execution. The other strategy which was underlined here too, do not follow alerts. For those who did, ouch. I have done so in the past...no more. Hold and hope in the past too. Thank you, Tim - Master, for your teachings
I will protect. You can always buy back at the bottom. Some nice rebounds on BUDZ, CANN, CBDS...etc. This video was made prior obviously. Seeking Alpha reported first and said the TOTAL OPPOSITE on AG Sessions news.
I will protect!!! Thanks Tim.
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i ill protect
I Will Protect!
I will protect!
I Will Protect. When there is Bad news that affects an entire sector, every stock within that sector WILL CRASH EQUALLY. If you have O/N positions in any of these stocks the best thing that you can do is to MINIMISE LOSSES. You CAN’T hold and hope that the stock comes back up. Normally buying a morning panic like this is a good #5 bounce opportunity, but it’s tough with bad news likes this. NEVER get confused & think that any hot sector is the future and believe in the hype long term.
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i will protect thanks tim
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I will protect my hard earned profits. Had a $2 profit today and I was happy with it because I got out quickly and protected myself. Could have easily taken a loss if I wasn't quick to get out.
I will Protect
I will protect👍🏻
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Protect!
I will Protect! Follow Rule #1!!!
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I will protect. Thanks!
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I WILL PROTECT 18 months later, I have to discipline myself to PROTECT.
gracias trim
I will protect...
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I WILL CUT LOSSES IF IT DOESNT GO MY WAY! I WILL PROTECT MY ACCOUNT
@RockRobster gooooooood, big things have small beginnings :)
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I will protect. I need to be better at this!!
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I can't thank you enough for the heads up on that weed news today. Got POTN as an overnight hold; 3k shares at $0.235 and sold at $0.252 for a $51 gain and then watched it drop all the way down to $0.15. Thank you Tim! I will protect!
I will protect
I will protect
I will protect. Thanks Tim.
I will protect 👌 thx Tim!
I will protect
I will Protect!!!!!!!!!!!!!! Thank you sensei
I WILL protect!
I will protect!
I will protect. The ironic thing is MSRT from a year ago is what paid my tuition to tim.
I will protect!!!
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I will protect!
Hi Tim: I will adapt. And thanks for the congratulations on my CANN profits. I shorted at $10.25 and covered most at $6.50. I'm still holding a few shares short overnight.
i will protect
@wright80 awesome job, great executions!
I will protect.
I will protect
I WILL PROTECT Great lesson Coach.. TY
I will PROTECT.
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I Will Protect. Thanks Tim $$
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I will protect thanks for sharing your approach with trading with a smaller account 😀
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I will protect. Good stuff!
I will protect! Thanks Tim.
I will protect! This account.
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i will protect iA
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I will Protect!
watched and learning. I will protect.
I will protect!
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I will protect. Thanks Tim.
I Will Protect Cheers Tim
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i will protect
all shit goes down the toilet (and I will protect)
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I will protect! Thank You!!!
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I will protect, TY Tim
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I WILL PROTECT
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I WilLL PROTECT!!!
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Knowledge facilitates growth.
I will protect
I believe in the systems! WIN GOAL>>>>LOSS LIMIT. On the job training! Your cursing analogies are hilarious! But it shows you are real! I will protect!
I will protect!
You dont have to hold - say it 1000 time everyone, got to get this in your nature to succeed .
I will protect
I will protect! Thanks Tim!
Yup, protect, protect, protect! Textbook rule #1 trade with CBDS, great discipline on that one!
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I will protect!!!!!!!!!!
I'm done holding and hoping. I WILL PROTECT.
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I will protect my capital!! Thanks Tim
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I will protect, cutting losses quickly is the best way to grow
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I WILL PROTECT
I will protect!
I will Protect Cut losses quick
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Protect Protect Protect
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I will protect. Thank you for the lesson Tim.
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I will protect. Thanks Tim
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When a whole sector is getting hyped you have to look out for news that can affect the whole sector as well as individual stocks. Furthermore, the news doesn’t have to be 100% sure, as long as the news can impact the market it’s a must to keep track of. Remember that if you desperately need to get out put your sell order a bit below the bid to secure that you are going to get executed and get out. There is always going to be a risk of news coming out as you hold O/N have this in mind
I will protect. Great to be reminded of this
I WILL PROTECT
cut losses quickly, be careful chasing, stay within your planned price range. This is trading not, investing, get in get out, no hanging on to ride it out. I WILL PROTECT!
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I will protect.
Thank you Tim S.
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Don’t go down with the ship. Protect your account. Don’t marry a stock
I will protect!!!
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I will protect, thanks Tim.
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I will protect now matter how good the chart looks, speculative news can easily affect a speculative sector/stock so always be aware of news, judge the situation before risking and your judgment will get better over time. #1 rule - cut losses if you wrong #1 target overcome PDT rule.
Knowledge supports performance.
I will protect! Thanks Tim!
I will protect
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I will protect! Thanks Tim!
I WILL PROTECT MY ACCOUNT
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Thanks Tim... :) I will protect!
Video watched. Muchas Gracias.
I will protect.
I will protect!
I will protect. Thanks Tim.
none
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i will protect, i will not believe in these companies, i will not go betray the rules and my mindset and finally im not gonna hold these gutter hoping . Thanks tim you cut your losses but you survived to live another day thats it good stuff tim
Watched, cheers Tim.
Video watched. Muchas Gracias.
I will protect !
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@timothysykes I WILL PROTECT
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I will protect. Thanks Tim
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Thanks Tim, I will protect my account
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I will protect. Thanks Tim.
Thanks for the lessons boss, I will protect!!!
Thank you, I will protect.
Thank you Tim!! Protect!!!!
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I WILL PROTECT...........
Thanks Tim.
2nd watch
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