I trade for two weeks, started with a 3000$ account, traded for a week and turned it into 3200$. (using my own strategy,trading big size, not cutting losses, just hoping that overextended charts will fail like all pennystocks)
one day was all it took to wipe 800$,there were no trades, slow day I wanted some action!!! wheres the $$$??
I was shocked, since then I forgot everything I thought I knew, re-watched Tim's Earnings winner strategy, and started a new page, cutting losses, trading safe and smart!
I really feel like this IS the strategy for me, so simple and profitable
the most important rule with Tim's strategies is CUTTING LOSSES, many people don't like that idea, but now I understand..there is NO WAY..no way, no way.. to grow a small account without cutting losses with a good Risk to reward.
people, study Tim's strategies, watch every trade he makes and why he does every move, he has 15 years of experience, just think about that he saw every play you can imagine.
his losses aren't mistakes, they are wins because he protected him self.
I agree
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