Why I Trade Penny Stocks So Cautiously

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This presentation is for educational and informational purposes only. Results are not typical. Always do your own research as trading is inherently risky. You should not mirror the trades or alerts of the instructors and attempts to do so may result in substantial financial loss. Past performance is not an indicator of future results. From January 1, 2020, to December 31, 2020, typical users of the products and services offered by this website reported earning, on average, an estimated $49.91 in profit. This figure is taken from tracking user accounts on Profit.ly, a trading community platform. Tim Sykes owns a minority stake in StocksToTrade.Com

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Most people who get into trading generally tend to have riskier personalities … At least that’s the stereotype. Well, I’m the complete opposite of what an average person would consider a trader to be. But that’s why I’m still in the business after all this time. Watch this video to see why I approach trading with more caution than others!

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Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY

My Millionaire Students – How They Did It: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_

🔴 FULL DESCRIPTION:

People always ask me how I find these stocks before they spike…

And I always talk about the StocksToTrade Breaking News Chat tool in my videos, but maybe they’re either new or aren’t paying attention…

So, for those who wonder where I spot some of these supernovas before their crazy price action, that’s where. Don’t worry, I’ll link it above for you.

But it doesn’t matter that I have these kinds of tools at my disposal — it shouldn’t matter if you do either.

I’ll always approach the market with extra caution and strive for being overprepared.

Although, I don’t think there is such a thing as being overprepared … After all, we’re dealing with the most volatile stocks in the market.

I’d rather live to trade another day than risk losing too much while sacrificing my mindset and discipline. It’s just not worth it to me.

So remember, it’s better to trade scared. It can help you stay in this business way longer than the gunslingers.

If you would rather underestimate these stocks than risk losing a chunk of your account, comment below. Say, “It’s OK to underestimate.”

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#TimothySykes #Pennystocks #BreakingNews

Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I’ve learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.*

(All content on this website is intended for educational and informational purposes only.

The material on this website is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following the instructor’s strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by the instructors to adjust for those fluctuations may change without notice.

There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments.

You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.)

Comments

Timothy Sykes says:

🔴 Try STT Breaking News Chat: https://bit.ly/31GJ5sC

If you would rather underestimate these stocks than risk losing a chunk of your account, comment below. Say, “It’s OK to underestimate.”

Michael Anthony says:

its okay to underestimate
Starting this course has been a eye opener. It moves so fast.

J Z says:

Tim can you do another video on which laptops you use?

John Jackson says:

Man, I needed this. Nice to see the start of the marathon for the big hitters. Gives me more hope and motivation.

Rostam Shams says:

WOW, this was on my watchlist! Learning and paper trading along the way!

John Gonzalez says:

You have millions and we only have hundreds if i lose it hurts if you lose its just another day..I'll keep playing long term plays only..

C B says:

EEENF Monday going ape shit

Michael Pressleyioa5 says:

I'm trying to get into day trading but I work a day job and you really have to be on top of your stocks am i wrong?

gary porter says:

Good info TS, It’s good to be cautious

Rolf Prothiva says:

It's ok to underestimate. Ty! Enjoy the weekend.

Testakleez says:

It’s OK to underestimate! Overestimating costs you money… Thanks Coach and have a happy holiday… STT has the best charting and scans out there and the Breaking News chat room more than pays for itself. I also use Profit.ly Silver for the education and to keep up with my trade history. If your not willing to spend a few bucks on the proper tools than your not serious about becoming successful.

stewart malcolm says:

It is okay to trade cautiously. I have been in the challenge since December. I am hungry for the knowledge. I am making learning a part of my every day. I am still paper trading using STT. I am glad of the STT software and the Breaking News and the chat is invaluable. This is a marathon and not a sprint!!!

Micipsa LAHLOU says:

I started to be profitable in January with 2,5 k and then March came with 7,5k and March was slow so I took a little number of trades and I made 2,3 k , I simply following your rules and I'm trying to adapt to the market and never go all in in an unknown pattern

Taj Gray says:

Thanks for the vid Tim, appreciate the lessons!!!

Red Halo says:

It is good to be cautious!

Sai Xiong says:

Took a similar trade on $LTNC Morning panic. Wasn't as cautious since I held parts of my position from the first panic to add to my position on the next panic. Holding that partial position was mentally draining especially when it came all the way down from the 0.072 to the 0.065. Need caution

Pollo Loco says:

I swear Tim you look identical to my old friend from elementary school 🤣

phuc pham says:

Thank you ! Starting to understand your Penny Stocks Trading inch . I'm learning to cutting noises , to fix my Trading account . Hope being able to join Trading Challenge Community in the near Future . Again , Thank you , Thankyou …

Nick Morales says:

It’s absolutely ok to underestimate any profit is a win to bank in the experience account for new traders

Eric Schweer says:

It's good to be cautious. Caution will save you losses

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