Congratulations to SO many trading challenge students who are bucking the trend of 90%+ of traders losing with some solid trading lately, especially my 30-day bootcamp co-creator Matt Monaco who made nearly $50k today, a new record for him...I finished green today too, but not before really bungling a solid morning panic dip buy with my impatience/greed, please watch and learn from my mistakes here:
Posted Jan 05, 21 9:21 PMbytimothysykes
Newsletters
TimChallenge, TimAlerts, Pennystocking Silver, Millionaire Masters Program, Pattern Pro
Categories
2 Lesson Tuesday, Basics, Classic Lessons, Price Action: Buying Dips/Panics, Price Action: Morning Panics, Supernovas, Trading Mistakes
Tickers
ALPP
Related Trades
Thanks Tim! I will do better!
I will do better with study hard .
I will do better!!!
Tim can you do 1,000 dollars account to start same with us, because 12,000 is way different than 1000, you will probably pass PDT in a month with 12,000. We need more trade examples with small account.
thanks for your transparency bro, i traded like crap today, i will do better!
I will definitely do better! Studying as much as i can everyday!
I also have a poor execution on the dip buy but I will definitely do better.
Thank you for being real, sorry for your (or anyone's loss) but the lessons are invaluable. Particularly when it is explained and I understand what is going on. I played well yesterday taking small gains and moving on, BUT NOT today. 300 of $SYN at 1.20. Should have taken profits. Sold 100 at 1.30, then had to watch(stress) all day to sell the other 200 at 0.98. Only $34 loss, but went from 8.4% gain to 9.5% loss. If only you could teach not being hard headed or cocky. Thanks
I will be better..took a loss today..didnt follow my plan+traded with my emotions..written in the mistakes book for ever..no emotions and STICK TO THE PLAN
sometimes for me it cracks 2, then would go to 1 88, then sometimews I cut quicky, then it dips to 1 70 or more. I heard Jack K said he tries to pick the perfect bottom, I might have got that wrong.
@Mali same, I I had a 5 k , after saving so long, now its at 3 k, I would like to know with 1 k , or maybe I need to just save up 12k
Lots of reviewing for me this evening, poorly executed trades for me as well, results in stupid emotional trades.
I will do better!
Tim you're the man and appreciate everything! I personally don't think you should trade with only $12k - it is so awesome seeing you make $4k $8k $10k a day - Your entry and exit comments are the most important part to helping us learn, knowing when and why you entered/exit a trade! Also it is awesome to see you donate as much money as you do!
I will do better!
@Mali Watch all of Tim's video lessons in January for the last 5 years. He has done the small account challenge for years. If you need to see more trades, study up and watch the video lessons. All the information you are looking for Tim has already documented.
I will do better... Study study study!
I decided not to trade today even tho i had 8k in my account. I will go only for out of retirement shots for January. Trying to develop emotional coldness to FOMO
I will do better! i think you are absolved of your sins for sharing how self critical you need to be to learn from the highs and lows of performance..
I will do better!!!! Thanks Tim.
Didn't trade well today either. I will do better
I'M DOING BETTER IN THE FUTURE
I will do better, thanks Tim
Thanks Tim, I will do better and look at all my trades
Thanks Tim! I will do better and study hard!!
Thanks Tim! I will do better!
I'm currently reviewing my open trade with BANT and CHEK. I'm down 40 buck. My day got busy but I expect them both to pop back to my entry price. Hoping to break even or take a few dollar profit.
Executions on OTCs has been brutal lately. Throw in the fact that it is ALPP and your execution speeds get even slower. If $2 broke, you may have been lucky to get an execution at 1.95. Because I have had such poor luck getting any of my orders filled on ALPP I completely ignored the panic. It wasnt worth the headache and frustration to me. Very good lesson though. I will do better!
I have to review stuff to get better in the future.
Great video, wish I could seen ALPP price actions, too bad I was busy with PIXY & JAN but made around $400/day so that takes the jobs away lol
none
Thank you Tim I will do better, honestly I haven't been trading just spend most of the time studying. Still a little scared of trading there's a lot to learn took some losses so just been reviewing what went wrong, how to improve and get better. Thanks for all your video lessons and recaps it all helpful.
I will do better
This was one of the best videos I've seen from you. So nice to see an example of how I'm supposed to analyze my trades. Gracias
I'm one of your newer students, but I understand the importance of review, and am being consistent with this part of my trading day. Studying hard!! Thank you for this great recap!
I will do better! Especially taking singles.
great video lessson Tim!!
Thanks for the lesson @timothysykes I will do better! Have been studying my Butt off the last few weeks! Working on trying to get caught up
LOL this just happened to me with $AITX, great lesson on inexact bottoms.
I understand I need to review and do better!
Thank you, Tim - I will do better - I will review my trades better - and I will cut losses quicker - goodnight!
Thank You Tim !!!! I will do better!!!!
Thanks Tim for video! I was down 4k in 2 trades but all because I was going for a homerun, should of sold when in profit.
Thank you! Def reviewing my trades more now wish I had been doing it all along. Better late than never
Thank you! Def reviewing my trades more now wish I had been doing it all along. Better late than never
I will do batter
I will Do better. Back to the Books. Thanks.
I will do better
I will do better. Learn mistakes from my trade.
Did the same thing as you, but on a different ticker. So annoying to sell at what turns out to be the exact bottom. I WILL do better!
Thanks for the lessons boss, I will do better! I screwed the pooch today and chased and then revenge traded giving back most of yesterdays gains. Trying to run before I walk, getting my marathon mentality back for tomorrow!!
I will review and I will do better.........thanks!!!!
Thanks Tim
review and do better
I will do better. Thanks Tim!!
Thank you so much Tim, I can't tell you enough how much I appreciate you understanding the importance of making mistakes and teaching us the value learning and moving on.
I will do better
I will do better!
📝
Thanks Tim
My favorite Sykes quote, “ignore your newbie feelings”
I will do better.
#FutureMillionaire
I will do better!
I will do better!!
Honestly don't think you had much reason to believe it would do what it did. I think most the people who were right were hold and hoping with some confirmation, but still getting lucky.
I WILL DO BETTER!!! Thank you for your honesty and constant video lessons. Unfortunately, sometimes we learn the most when we lose...
Just starting to figure it out - in my 4th month, made a net $5k all of last year, but broke $4k the first 2 days of January. Thanks for your transparency, Tim. Really helps. Gotta keep studying cuz....I WILL DO BETTER!!!
I will do better. Thanks Tim. Good to know even the master has to refine.
Review stuff and try to do better in the future Tim Sykes @timothysykes
@timothysykes Thanks Tim. I study and I will do better!
I will do better, thanks Tim
I WILL DO BETTER!
Holy cow. The things I learn every day! I'm soaking this all in and making good decisions, but I will do better!
Excellent lesson Tim. It takes guts to analyse yourself and provide honest feedback on performance. Very impressed! Thank you
I'd like to see how you do with a 1,000 dollar account That's small to me
I must do better
I will do better
I will always strive to do better everyday...back to the books...
Watching And Analyzing!
I Will Do Better!
thanks sykes for the view of insight or thought process even after a trade gone awry TQ
I will do better in preparation. I will do better in studying. I will do better growing my knowledge account.
I will do better! Thanks for the vid Tim
@Tommy_D Do you have a link where I can find those small account trades?
@shugey64 hope my mistake can help you learn what not to do!
@Mali Go to the video lessons page on profit.ly and just look for the dates of the video lessons. Tim has pretty much done a video lesson on every trade he has taken for probably the last 8 or 9 years.
Thank You Tim!!! I Will Do Better!!!!
I'll review my trades and try tp do better in the future!!!
Awesome lesson. Thanks Tim
I will do better
I WILL DO BETTER! I want to keep improving and learning every day! Thanks for the lessons
I like the way you do your thought-process breakdowns @timothysykes . Personally, it helps remind me to think about all the indicators and take into account as much as I possibly can for each potential trade. TY!
I will do better !!!!!!!
I will do better. Thanks Tim.
@shugey64 hope my mistake can help you learn what not to do! Yes i makes me think more on strategy's before entering a trade.TQ
I will definitely do better
I will do better
14:40 ABML How do you know its time to buy at .71$
+
I understand that you must review your trades and learn what you did wrong in order to do better in the future
Thanks Tim! I will be reviewing my trades so I can do better!
@bozwirth88 gooood, it's all about refining your process over time!
I will do better! Thank you for transparancy win or lose, it is educational for us.
I will do better.
I will do better
Thanks for the video Tim! Learning from other traders experience
Thanks Tim!
I will do better. Thank you.
I will do better
I will do better.
You have no idea how much of a +++ impact this video had on me personally; hearing you speak your trading plan & literally put yourself in a newbie's shoes and at the same time let the veteren teacher/master take over provides such valuable lessons. Thank you for this great video lesson.
I will do better!
I'll do better and better!
Great lesson and video
Thanks Tim!
I will be better. Thanks Tim. Good Lesson.
I will do better studying
Great lesson and detail on explaining ALPP I will do better.
This is great @timothysykes I also got cocky after having my best month yet in December and have made a couple of big mistakes lately from having the same mindset you described perfectly. Thatâs why Iâm taking some time off to study and get my priorities and discipline realigned. Thanks for sharing.
Thanks Tim, great lesson for everybody. What important is discipline. I will review all my trades! and I will do better.
I WILL DO BETTER!!!!!
Thank You Tim.. I will keep doing better.
Thanks Tim... I will do better!
@therealmcdougal we all can get cocky in this crazy market, gotta stay humble!
Thanks. Iâm starting to see it more now. Good lesson
I will do better. Thanks.
Thanks for the transparency. Still learning but it is nice to see honesty when mistakes are made. Thanks
great lesson!
good stuff
I Wil Do Better!
Thanks Tim I will do better.
watched
I will do better!
I will do better!
I WILL do better!
I will do better! thanks for the lesson Tim:)
I will do better! Thanks for the lesson Tim!
I will do better by sharpening my axe. Thanks Tim!
I will do better!
I will review stuff (losses and gain) and (attempt to) do better in future trades.
I will review my trades beter and better
Thanks Tim.
Review and Analyze!!
I will do better!!!!
Review YOUR trades!
You cannot cheat your way to success.... Nothing can replace time, effort and experience.
Thanks Tim
Thanks Tim.
Join now or log in to leave a comment