Tough lesson for me on my Friday trading, especially since it was during a live trading webinar, but my loss is your gain...learn what NOT to do! Also grab holiday sales HERE on Profitly and go HERE to grab some Karmagawa charity merch and use the coupon code blackfriday to save 50% off your order for a few days only!
Posted Dec 01, 19 2:15 PMbytimothysykes
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7 Lesson Sunday, Basics, Breaking News, Classic Lessons, Price Action: Morning Panics, Price Action: Morning Spikes, Short Selling, Short Squeeze, Supernovas, Trading Mistakes
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Just 4 months in. No big losses or gains. Conservative. Thank you for your transparency and dedication to us students!
Thank You Tim !!!!
Makes it real for us, thanks.
Keeps us on our toes. We are all human.
thanks tim. ive been seeing in the chat lately that etrade has some execution issues and if you call them, they compensate you for the error. It would be interesting to see what etrade tells you.
Since I started trading (little over 3 years), my biggest loss is $2,300 with $115,000 in profits. Exactly 2%, I'll take it!
Just watched in between watching "How to Make Millions"!
Thank you Tim, very cool!
I’m thankful you are so transparent on losses, it helps me realize that these are going to happen to even the best traders. It helps keep me from giving up while learning to trade.
Watched! Thanks Tim..
You are good global person....( penny stocks,...facking good, right, wrong, risky, think, my past, future,-MY FAKING CHALANGE
.....DATA!!!!, we have to pick up....AI softwr.......like L. B. Mendelson"Artificial intelligence" telf. 800 732 5407, thanks TIM!!!!
been trading one month. largest loss is $374 and my total P/L is currently in the Red
That's not a good strategy, that's a GREAT strategy!
#FutureMillionaire
I was on the webinar that sucks - it has happen to me as well on a couple trades with TD
The thing I have noticed is the ones that are just pre-market runners have been dieing after open. ASLN had been running the previous trading day. Was watching both but above what I am spending right now. Thanks for always being open.
@KarenBoughan that was me in October just to get my feet wet while starting to learn but i was down $600. Now back up $200 over intial start. So GL this Month getting back Green :)
@Ahardmove thx, for the encouragement.
I watched this live on Friday. Thank you for being truly transparent and honest.
Love the video lesson. Great zoomed out view of your trading. Like looking at the daily chart. Haha
Good lesson, Thanks Tim!
@kylecw2 damn good ratio!
@Fnmaniac yup, often times good to focus on the big picture which too many people forget to do
6 months STT SUB. NO trade yet . Opened IB account last week . I seen ASLN spike I have been waiting for confirmation of break out on pre marker high. It went to fast up with no any red on previous high... It went only up so no chasing... Thank you Tim for so much free staff on YOUTUBE. NOW I'M STUDY 6000+ VIDEOS
My biggest lost is 500 . Mind you my capital is only 2k. Almost a quarter. My biggest gain is $50 . First trade.
@tommy888g niiiiice, I like the patience/persistance!
@timothysykes thanks Tim. I find you in LondonReal. It was amazing interview. After this interview I was watching yours videos on YouTube 4-5 hours average per day.
@usmarine2daytrader yup there's always gonna be some execution mistakes from time to time, especially when I travel so much, like I said, it's a freedom tax lol
Thanks Tim!
We should all strive for that 1% loss of OUR profits as a fluke execution trade versus having any profits at all. Thank you Tim for keeping it Real as always.
Thanks!
Thank you @timothysykes ! My biggest loss is $150 and my ovearal gains are around -$750... So overall my acount is red for now, not gonna lie, but the worst thing is that my biggest gain is smaller than my loss... I'm studying as much as I can but still I make very big mistakes from time to time.... I just have made some losses today and my mind is messed up... I try to get it back on track but it seems that I can't for now.....
My biggest loss is $225 I'm up 2,400
Here I am, day one on Profitly, looking around and trying to understand how the whole site works. Then my eye is caught by this video title. This is where I can see that our mentor is capable of large mistakes. Better yet, that he is willing to show it off and allow us the opportunity to learn from it. I know that this is going to be money well spent.
Good stuff Sykes
Thanks Tim!
none
Pura vida!!
Thank you
Thank you for your transparency Tim! Way to keep things in perspective.
No profits. Thanks Tim.
Thanks Tim.
Thank you Tim, the best thing is your transparency!
Another great lesson ~ Thank you
Thanks Tim!
Don't know what my ratio is yet, its probably red. Anyhow, your ability to admit when you're wrong gives me faith in your teachings. Thanks Tim
Awesome! Thanks Tim!
Thanks tim
Thank you
Good Lesson Tim, Thanks!!
Thank you Tim
+
Biggest Loss: $655.69 Total Profits: $3,426.94 Ratio: 19.1%
Thanks Tim
Paper trading with Entry/Exits recorded: past 2 months on +172,462$ (+689.85%) Total profit using 25,000 starting cash. Biggest
Biggest loss was -69.44$
Thank You Tim. I need to trade scared and conservatively.
With time and effort, I can do better.
Have not started trading yet
thank you
Thanks Tim, I am learning a great deal from you
Thanks Tim
I like how no matter what you always say "cut losses quickly" I'm still pretty new at this so I'm not gaining much, I'm under in fact by like a $120 something. I'm doing much better with my paper, abut $2000 in gains almost on a $5000 paper account. Thanks Tim.
Thanks for showing me what good strategy looks like Tim.
Idk in paper trading im up nearly 100k in 6-10 months and my biggest loss is 44$ out of 29 trades
thank you, old newbie not trading yet
Thanks Tim.
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video lesson completed! going back to the beginning of the year to check the markets before pandemic traders entered! @timothysykes
Just starting out, no multi year data to review but down a couple of hundred since I started studying. After every medium size loss I stop trading and dive back in to more extensive study. I will make this work for me.
Just a newbie right now. Thanks Tim.
Tnx, Teach.
Thanks for the transparency Tim. Great Lesson!
Thank You Tim! $700 Loss Bought more when i thought i sold always double check that your out!! Lessons learned!!!
Thank you Tim.
Thankyou Tim
Watched
I will not trade if I am frazzled.
Watching And Analyzing!
A year and a half in and have a good knowledge account and just now beginning to see the brokerage account starting to go up!
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