Related Trades
jordanSacto
1
jordanSactoJul 30, 18 11:41 AM

Great lesson man! This stock is crazy

axlk
2
axlkJul 30, 18 11:43 AM

Thanks Tim. Good lesson

Sweeks59
2
Sweeks59Jul 30, 18 11:44 AM

Thanks Tim. I like the way you are just straight up with the facts.

JosephS
1
JosephSJul 30, 18 11:44 AM

Nice loss. Most people brag about their winnings but stay silent when asked about their loss. Suddenly they're not so proud of it because they haven't learned how to cut losses quickly.

AdamScibbs
1
AdamScibbsJul 30, 18 11:45 AM

Thanks Tim, great lesson! It's okay to be wrong if it's accepted and losses are controlled!

wakalreyes
1
wakalreyesJul 30, 18 11:45 AM

THANK THANK TIM, that great example why we must cut loose as soon as the stock is no doing what you want, so rule number one cut loose quickly without hesitation and i will be fine, thank learning litter by litter and studying hard, that the best wait to became great day trader thank

HardknocksPHD
1
HardknocksPHDJul 30, 18 11:46 AM

Great loss!! Cut losses quickly!!! #1 rule.

shaggy1204
1
shaggy1204Jul 30, 18 11:46 AM

see you soon soon ssooon

kday3391
1
kday3391Jul 30, 18 11:48 AM

Good lesson, I just started trading so this is my first time encountering a stock this crazy. Glad I played it very safe and made $100 before it broke $5. After that I sat back and watched the show.

Bigtrain1349
1
Bigtrain1349Jul 30, 18 11:50 AM

Awesome lesson I bought 100 shares long @ 5.75 & sold @ 5.99 for $23 profit...kicking my ass for selling way too soon but lesson learned.

KGtrader1
1
KGtrader1Jul 30, 18 11:56 AM

I wish if I accepted and cut my loss quickly when I had $6000 , lost them all, I'm trying now to refund my account. Big lesson for me. Thanks Tim.

JermaineIsrael
1
JermaineIsraelJul 30, 18 12:04 PM

Great lesson! thank you Tim I learn something from every trade win or loss

thedeha
1
thedehaJul 30, 18 12:07 PM

Thanks Tim, I was very curious about this stock! Any reason you shorted when you did? The stock wasn't following previous 1 day spike price action and it wasn't really showing any weakness yet. Thanks!

ZachR
1
ZachRJul 30, 18 12:15 PM

Thanks for posting Tim

Miah
1
MiahJul 30, 18 12:18 PM

Though I prefer shorting, I did not want to short AWX on day two. It had failed spikes on the daily, but this time was different. It spiked and held its gains on low vol. So on day two I was thinking the pattern had changed and that it wasn’t a good idea to short. I stayed away and glad I did bc there were so many fakeouts on both ends. Great learning experience. Thanks Tim

asfricksrs
1
asfricksrsJul 30, 18 12:24 PM

Thanks Tim, good vid. Always keeping it REAL!

Got2Have
1
Got2HaveJul 30, 18 12:31 PM

Well said Tim :)

millerruth23
1
millerruth23Jul 30, 18 12:33 PM

Thanks, Tim. This stick has been very interesting for me. Def learning every day.

stocksnipersquid
1
stocksnipersquidJul 30, 18 12:38 PM

good review. the cutting losses is critical. thanks tim.

2grasleys
1
2grasleysJul 30, 18 12:42 PM

Thanks Tim, cutting losses quickly is always the way to go!!

radley
1
radleyJul 30, 18 12:44 PM

I appreciate you going over this, even though its you, again, saying what you always say... The repetition is probably saving a lot of people a lot of heartache. Thank you

matt100ms
1
matt100msJul 30, 18 12:59 PM

I was just watching video lessons from KBIO earlier this week. Awesome loss on this one!

LunaTrades
1
LunaTradesJul 30, 18 1:01 PM

The "secret chat room" always get me haha.

Androo
AndrooJul 30, 18 1:01 PM

Thank you Tim, very cool!

Rettna
RettnaJul 30, 18 1:09 PM

Rule #1 is the best rule you have.

FloridaBoy
FloridaBoyJul 30, 18 1:54 PM

Cut losses quickly and stay humble. Respect the market as it knows best at all times. Wild ride and amazing to watch this one play out. Appreciate you taking the time to explain it.

jaime72976
jaime72976Jul 30, 18 2:21 PM

Great lesson I love your ability to cut losses quickly one day I will get better and be like you 😊

Krogzax
KrogzaxJul 30, 18 2:24 PM

Thank you for breaking it down Tim. Im sure people got destroyed on this play. Shorted 100 shares ( papertrading small size to keep it realistic ) And lost $7 haha. People underestimate the power of cutting loses quickly. Cut losses quickly/intelligent is so very important. Made it my number one priority for sure. And make it a habit from the start. People should listen to you.

sohaelali
sohaelaliJul 30, 18 4:09 PM

Awesome of you to be so transparent and it’s important to talk about losses because that’s how you learn and get better! Thanks for all the videos 👍🏻

bhorten
bhortenJul 30, 18 4:21 PM

Thanks Tim. I got my ticket and I'm ready to meet you in Orlando to learn to trade. I've been watching and learning for months now and thinking I'm ready to jump in. BTW I've read your book 3 times and love it.

lofloatJAM
lofloatJAMJul 30, 18 5:00 PM

great trade! awesome , stick to rule #1!!! tnx youngster

LoanStarNewbie
LoanStarNewbieJul 30, 18 5:33 PM

This is a good lesson. Failures are the lost rewarding lessons because those stick with you. Thanks TS!

LoanStarNewbie
LoanStarNewbieJul 30, 18 5:33 PM

Woops, i meant “most” instead of “lost”.

sdcall60
sdcall60Jul 30, 18 7:42 PM

Thanks Tim. Good lesson.

AnneMarita
AnneMaritaJul 30, 18 7:58 PM

Yeah, cut losses fast. Haven't had much lately, but should have cut even faster today!

MrEd
MrEdJul 30, 18 8:02 PM

Cut losses quickly at all times No 1 & 2 rule

BarryJ
BarryJJul 30, 18 8:31 PM

Great lesson Tim. I'm just getting into trading and shorting stocks is a little scary to me right now. But cutting loses early is a great lesson. I'm V.I.P training and doing the Market Prep course. Lots of info. See you in Orlando.

SlipKid
SlipKidJul 30, 18 8:53 PM

How do you manage such large losses like this? LMAO

Carlito
CarlitoJul 30, 18 8:54 PM

Thank you!

TraderLaws
TraderLawsJul 30, 18 9:03 PM

Cut losses quickly! Great video!

RouxBourbon
RouxBourbonJul 30, 18 10:34 PM

Tim Thank your for keeping it real, and taking the time out of your day to do this.

MissileMan
MissileManJul 30, 18 11:12 PM

One of the many times I will say Thanks. Apprecaite the transparency. You rock...

Growth4me
Growth4meJul 31, 18 12:16 AM

Nice to be ready for stocks like this!

HenryCraig
HenryCraigJul 31, 18 1:58 AM

Knowledge supports performance

AngeliqueSTL
AngeliqueSTLJul 31, 18 2:53 AM

Thanks Tim, although it was a small loss for you I'm sure students relate to it. As always, keeping it real!

cfcmickt
cfcmicktJul 31, 18 4:13 AM

Thank you Tim :) I didn't trade $AWX but I enjoyed watching and learning :)

Dario1
Dario1Jul 31, 18 4:57 AM

Thank you!

hutchstock
hutchstockJul 31, 18 5:46 AM

Thanks Tim. Not even looking at shorting yet, but have found averaging down to be a painful experience. Cutting losses quickly is definitely the way forward.

zaraza
zarazaJul 31, 18 7:49 AM

Thanks Tim....low floats can surprise.. Just trade the chart and recognize the pattern..

DevDevy
DevDevyJul 31, 18 8:17 AM

I can't believe a broker (suretrader) bought the stock.. Sketchy!

Timmer1103
Timmer1103Jul 31, 18 8:32 AM

Good lesson, crazy stock!

ABennett
ABennettJul 31, 18 8:41 AM

Great lesson Tim ! Always cut losses quickly and be careful short selling, very risky with a small account.

5dogtrader1
5dogtrader1Jul 31, 18 4:47 PM

Thank you, Tim, for the lesson. Still too scared to short, but it does look enticing. Easy to see why people do it.

SaintTrade27
SaintTrade27Jul 31, 18 7:42 PM

Being transparent is the shit and the only way to build trust with you're dedicated students!

mynbtsa
mynbtsaJul 31, 18 8:47 PM

thank you Tim good lesson

pappybizness
pappybiznessAug 01, 18 12:10 AM

Great Lesson!!! As always, thanks Tim!! Never Short Upward trending Stocks.. Study hard, Protect yourself... Watch Price Action & Chart Patterns!!!

HenryCraig
HenryCraigAug 01, 18 5:15 AM

Knowledge supports performance.

DeanHiser
DeanHiserAug 01, 18 9:04 AM

Love ya man. Thanks for the coverage and details on AWX.

toure99
toure99Aug 01, 18 9:35 AM

Great lesson! Thank you!

kinderstocks
kinderstocksAug 01, 18 9:43 AM

Always protect your self. Great lesson Tim! Thanks

ZiggysMom
ZiggysMomAug 02, 18 3:44 PM

Control, protect, and stick to the plan

wright013
wright013Aug 03, 18 10:23 PM

good lesson cut losses quickly

Hagen
HagenAug 04, 18 11:31 AM

Be independent don’t short just cause other people are. Cut losses quickly never know how much you can lose if you go on a ride with it. Shorting is very dangerous if your a gun slinger. If your playing a stock and it’s not going your way get out.

Dfwdave
DfwdaveAug 04, 18 5:40 PM

Thanks Tim, for the great lesson

KeepStudying101
KeepStudying101Aug 06, 18 8:40 PM

i was watching this stock as well. it spiked to the 30s premarket but i didn't trade it while in premarket because I'm not experienced enough to do so. i mean, i can and have but i didn't want to risk it even with using only a paper account. i treat my paper account as if it was a real account.

KeepStudying101
KeepStudying101Aug 06, 18 8:44 PM

during the actual market, i longed it and it started tanking! got halted too many times and i got stuck in the halt like 3 times. i didn't want to sell my position because i want to make a profit and ended up sell for a lost @ 500 dollars, with possible 100 shares. #1 rule cut losses quickly. I've also learnt that i shouldn't trade stocks that have run up so high. mainly when i don't know where its going.

diane47
diane47Aug 08, 18 4:10 PM

You may be my best teacher ever! Thank you! SO appreciate your honesty and transparency.

TinaZ
TinaZAug 14, 18 9:19 PM

thank you for teaching how to loose and how to take profits. Love your transparency!

MaineMan
MaineManAug 25, 18 4:37 PM

Awesome Tim,,,,

wakalreyes
wakalreyesAug 26, 18 11:18 AM

cut lose quickly rule# 1

mbsdad
mbsdadAug 31, 18 9:40 AM

watched and learning.

GetSunny
GetSunnySep 09, 18 6:34 AM

like the way you are just straight up with the facts. thx

LizLele
LizLeleSep 11, 18 7:22 PM

Thanks Tim!

Confliction
ConflictionOct 06, 18 6:56 PM

hahahahaha, holy shit love this video. thanks Tim so much good, quality content.

Peteball0101
Peteball0101Oct 09, 18 12:23 AM

i trade scared so im not scared to trade.....CLQ all day eryday

Ford41
Ford41Oct 14, 18 8:27 PM

cut loses quick, thanks Tim

ChristineB
ChristineBOct 15, 18 2:51 PM

Cut losses Quickly!!! Your trade was great though! You got out in time! :)

ChristineSmith
ChristineSmithOct 19, 18 11:22 PM

Thanks Tim... :) Way to cut losses quickly! Be Prepared!! have a plan and stick to it... :)

skatermdw
skatermdwNov 18, 18 8:50 PM

Rule Number One, Cut Losses Quickly.

HIMMENY
HIMMENYNov 24, 18 9:26 PM

Cut losses quickly thanks Tim

Jules222
Jules222Mar 16, 19 9:14 PM

Cut Losses Quickly!!!!!

KStanger
KStangerApr 20, 19 2:17 PM

Control your losses! Lose small!

Mjason
MjasonMay 06, 19 10:38 PM

Cut Losses Quickly! make gains much bigger than the losses.

piscott0306
piscott0306Aug 15, 19 3:46 PM

Video watched. Muchas Gracias Tim.

JonathanIParra
JonathanIParraAug 16, 19 6:13 PM

if you can't cut losses quickly you will never make it as a trader. you wanna be safe in any trade and trade the best setups

wildwes
wildwesSep 15, 19 8:57 PM

Thanks Tim

Slatt
SlattSep 26, 19 2:54 PM

Thanks Tim

Outdoorchick
OutdoorchickMar 24, 20 4:35 PM

Thanks Tim all trades should be reviewed.

dumbtrades
dumbtradesMar 30, 20 3:58 PM

As long as you cut losses early its ok to thinker and also have small posityion size

timcobra
timcobraApr 04, 20 1:34 PM

Thanks Tim, I will trade and cut losses quickly and book profits fast

Matthew46
Matthew46Apr 21, 21 8:27 AM

Thank you Tim!!! Great loss to learn from keeping it small!!! Rule#1!!!

oswald
oswaldJul 11, 22 2:33 AM

You can go small and see how it feels, cut loses quickly, respect the power of penny stocks, Don't risk blowing up! Fridays can lead to short squeezes, Mondays can lead to big gap ups! Thanks Tim

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