We're waking up to a gianttttttt market crash worldwide with Japan down 12%+, its biggest one day drop ever and countries like Taiwan and South Korea dropping 8%+....Bitcoin and Ethereum are down 15-20%, premarket the Nasdaq is down 5%, Apple and Nvidia are down 7-10%....just utter devastation everywhere...AND IT WAS ALL COMPLETELY PREDICTABLE!
See my video lesson for weekend newsletter subscribers HERE (I made it available for all as the lessons are too important) on why I didn't have any weekend position as the big Japan drop on Friday was a great precursor to what's happening today...and this video from earlier last week on when to step aside
The main takeaway is ALWAYS beware of over-extended markets (or stocks for that matter) that begin new multiday downtrends followed by a failed bounce and support taken out...THAT is what leads to best panics like we're seeing now.
I also made this video over the weekend for everyone, but didn't have the wifi to get it published in time before today's massacre -- yet I want you to watch it and see my mindset/approach which was 100% dead on going into today.
Unfortunately, today's a bad day for me as won't have wifi the first few hours of the day so please be safe and look for this pattern which will surely emerge and lead to solid opportunities. NOBODY should be fully invested and become part of this panic, only HODLers are, and they need all the lessons they can get before they lose it all with their crazy naive/risky strategy
Thanks Tim, stay safe, more time to study in markets like this, going through everything again and again.
fire
Wow! Yes... everything is nuts! Lots to learn!
Thanks Tim. Going to be safe... Watch and learn.
Thanks Tim. Being safe today, and everyday!!! Thanks for your teaching!
Excellent training points. Thanks
Thanks Tim!
I will be Safe Tim! Thanks!
Thanks Tim, excellent video lesson, I recognize the armor is pierced, will stay safe.
Thank you, Tim.
Trading safe Tim!
Not all dips are to be bought, don't be too aggressive, stay safe - got it!!! thx
Knowledge Account Increased
@timothysykes totally makes sense and thanks for repeating yourself, sounds weird but it works
Thanks video was very informative .😊
Great leveling video! Wait for the turn.
Great lessons!
Thanks Tim. Good lesson
Thanks Tim!
Recognizing the market and staying safe. Thank you, Tim!
You are using us to drive the market up. You tell us what you bought and indicate what the goal is (stupid us) then we drive it up for you and then you sell for a few Pennie’s living us to dry high….shady
How about YOU wait 5 minutes after you tell us the trade and then you get in? I think that’s fair …NOT?
@student_81079 not at all, I didn't even trade any of the stocks in this video, I trade with a small account and donate ALL trading profits to charity, realize I teach a process and learn the process, my God, my job is never done aye aye aye
@student_81079 I do, get in chat and see the plays I watch BEFORE I buy...and the plays I trade are from http://tim.ly/breaking3 and usually fit the http://tim.ly/sykesmorning pattern too, study up and cut the BS
Excited to hear what you had to say. Been looking forward to this video lesson now that we’re living thru a panic/possible recession
Haha now I know how to get answers from Tim
watched
Thanks Tim.
Watched!
Please keep them coming... and thanks! Hope you jet-lag is better, until the next adventure.
Every day is a new learning experience to adapt. Wowza today LUMN 8/6. There will be another one.
Thank you for the video lesson Tim. Staying safe and learning
✔
safety rules
This is a marathon, not a sprint!
Watching And Analyzing!
great lesson Tim.
Great Review Tim, Thanks
Thanks Tim!
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