FINAL 20 tickets to my upcoming http://traderandinvestorsummit.com then we are 100% sold out so who wants to come learn and trade live with me and my top students? Also, watch this video below as EVERY Supernova is worth reviewing, whether you traded it or won or lost small/big on it...every new great play helps you be better prepared to capitalize more on future ones:
Posted Jul 30, 18 11:28 AMbytimothysykes
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Basics, Classic Lessons, Great Trades, Supernovas, Trading Mistakes
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AWX
Related Trades
Great lesson man! This stock is crazy
Thanks Tim. Good lesson
Thanks Tim. I like the way you are just straight up with the facts.
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.
@Sweeks59 thanks, always!
Thanks Tim, great lesson! It's okay to be wrong if it's accepted and losses are controlled!
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
Great loss!! Cut losses quickly!!! #1 rule.
see you soon soon ssooon
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.
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.
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.
Great lesson! thank you Tim I learn something from every trade win or loss
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!
Thanks for the lesson Tim
Thanks for posting Tim
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
Thanks Tim, good vid. Always keeping it REAL!
Well said Tim :)
Thanks, Tim. This stick has been very interesting for me. Def learning every day.
good review. the cutting losses is critical. thanks tim.
Thanks Tim, cutting losses quickly is always the way to go!!
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
I was just watching video lessons from KBIO earlier this week. Awesome loss on this one!
The "secret chat room" always get me haha.
Thank you Tim, very cool!
Rule #1 is the best rule you have.
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.
Great lesson I love your ability to cut losses quickly one day I will get better and be like you 😊
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.
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 👍🏻
Thank you Tim.
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.
great trade! awesome , stick to rule #1!!! tnx youngster
This is a good lesson. Failures are the lost rewarding lessons because those stick with you. Thanks TS!
Woops, i meant “most” instead of “lost”.
Great lesson.
Thanks Tim. Good lesson.
Yeah, cut losses fast. Haven't had much lately, but should have cut even faster today!
Cut losses quickly at all times No 1 & 2 rule
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.
How do you manage such large losses like this? LMAO
Thank you!
Cut losses quickly! Great video!
Tim Thank your for keeping it real, and taking the time out of your day to do this.
Thank you
One of the many times I will say Thanks. Apprecaite the transparency. You rock...
Thanks Tim!
Nice to be ready for stocks like this!
Knowledge supports performance
Thanks Tim, although it was a small loss for you I'm sure students relate to it. As always, keeping it real!
Thank you Tim :) I didn't trade $AWX but I enjoyed watching and learning :)
Thank you!
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.
thank tim
Constantly learning
Great video lesson. Thanks Tim
Thanks Tim....low floats can surprise.. Just trade the chart and recognize the pattern..
I can't believe a broker (suretrader) bought the stock.. Sketchy!
Good lesson, crazy stock!
Great lesson Tim ! Always cut losses quickly and be careful short selling, very risky with a small account.
cut losses!
Thank you, Tim, for the lesson. Still too scared to short, but it does look enticing. Easy to see why people do it.
Being transparent is the shit and the only way to build trust with you're dedicated students!
thank you Tim good lesson
Great Lesson!!! As always, thanks Tim!! Never Short Upward trending Stocks.. Study hard, Protect yourself... Watch Price Action & Chart Patterns!!!
Knowledge supports performance.
Love ya man. Thanks for the coverage and details on AWX.
Great lesson! Thank you!
Always protect your self. Great lesson Tim! Thanks
Control, protect, and stick to the plan
good lesson cut losses quickly
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.
Thanks Tim, for the great lesson
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.
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.
You may be my best teacher ever! Thank you! SO appreciate your honesty and transparency.
thank you for teaching how to loose and how to take profits. Love your transparency!
Thanks
thanks
Awesome Tim,,,,
cut lose quickly rule# 1
Thanks T, saw it on YouTube
watched and learning.
like the way you are just straight up with the facts. thx
Thanks Tim!
nice
hahahahaha, holy shit love this video. thanks Tim so much good, quality content.
Video watched. Thx Tim.
i trade scared so im not scared to trade.....CLQ all day eryday
cut loses quick, thanks Tim
Cut losses Quickly!!! Your trade was great though! You got out in time! :)
Thanks Tim... :) Way to cut losses quickly! Be Prepared!! have a plan and stick to it... :)
Video watched. Thx Tim.
Rule Number One, Cut Losses Quickly.
Cut losses quickly thanks Tim
Cut losses quickly!
Cut Losses Quickly!!!!!
AWX - Short
Thanks Tim!
Control your losses! Lose small!
Cut Losses Quickly! make gains much bigger than the losses.
Video watched. Muchas Gracias Tim.
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
Thanks Tim
Thanks Tim
Thank you
Thanks Tim all trades should be reviewed.
As long as you cut losses early its ok to thinker and also have small posityion size
Thanks Tim, I will trade and cut losses quickly and book profits fast
Thanks Tim!
Cut losses quickly
Thank you Tim!!! Great loss to learn from keeping it small!!! Rule#1!!!
Thanks Tim
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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