20 Trading Lessons You MUST Know for 2020

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  • เผยแพร่เมื่อ 16 ม.ค. 2025

ความคิดเห็น • 352

  • @TimothySykesTrader
    @TimothySykesTrader  5 ปีที่แล้ว +24

    From #1-20, which lesson helped you most? Let me know what you think!

    • @jordanreed1325
      @jordanreed1325 5 ปีที่แล้ว +2

      #19 relates to me recently 18:35-19:10 , I nailed $FCEL , I was in @2.53 and out @2.77 I bought the rumor and sold before the news lol! It’s a great lesson though because this morning when the news did come out on their earning the stock tanked from 3.20 all the way down to like 2.
      UNDERRATED LESSON!!!!!!!!
      This trade also wiped out all my annoying 5-10-20$ losses , some of which should’ve been wins but work got in the way and that’s ok! Sometimes life gets in the way!
      Still going strong Tim!
      See you in ... idk what the number is anymore , we’ll just say like 950.
      Thanks again
      -Jordan Reed

    • @jordanreed1325
      @jordanreed1325 5 ปีที่แล้ว

      P.s. you forgot to add the music to the end of this video. It’s cool though

    • @doodyfly671
      @doodyfly671 5 ปีที่แล้ว

      All your 20 rules are kind of basic guide lines in my trades. Also I like you casual jacket in this video.

    • @tajgray9055
      @tajgray9055 5 ปีที่แล้ว +2

      Lesson #16- Learn to react, not predict is definitely a good one, some of these stocks can be unpredictable anyway so it’s best to just react to the price action, news, etc

    • @JS-dd8cf
      @JS-dd8cf 5 ปีที่แล้ว

      Rule number 1 for sure I am glad you brought up your losses are only 1 or 2 percent later on in the video because I never have been sure at exactly what percent I should cut losses

  • @chocolatemilk8487
    @chocolatemilk8487 5 ปีที่แล้ว +53

    I'm 19 and I'm a dishwasher at a cracker barrel near me. I put my little Bluetooth headphones in and listen to your videos all day on repeat when I'm working (: thanks

    • @TimothySykesTrader
      @TimothySykesTrader  5 ปีที่แล้ว +9

      that's awesome! Keep it up 🙌

    • @SuperMrozzy
      @SuperMrozzy 4 ปีที่แล้ว +2

      Legend

    • @robertvazquez7083
      @robertvazquez7083 4 ปีที่แล้ว +10

      your time is coming my friend do not give up, never bend never fold. its a marathon

    • @entrex7596
      @entrex7596 4 ปีที่แล้ว

      I hope you'll do very well, but remember dont give up if the start isnt so great.

  • @ragingbulltwofourseven2977
    @ragingbulltwofourseven2977 4 ปีที่แล้ว +16

    You're the F'ing man. Totally in this to give back. I made 55K in one trade and I give back 10% of all my trades I profit from. I will be seriously looking into your programs. Love your attitude!

  • @beverlytaylor9329
    @beverlytaylor9329 4 ปีที่แล้ว +9

    Lesson I learned today: it’s ok to sit on the sidelines and watch.

    • @hollyparten706
      @hollyparten706 4 ปีที่แล้ว

      where you watch stocks if no account

  • @chrisnorris173
    @chrisnorris173 4 ปีที่แล้ว +2

    Thank you Tim for sharing your insights and knowledge with so many folks! Great video! I am learning so much. Your attitude, honesty and transparency has won me over! I look forward to more videos, chats, webinars and ultimately, your challenge.

  • @RiseAbove75
    @RiseAbove75 4 ปีที่แล้ว

    I've watched a few of your videos now Tim and you seem really authentic. As for your question about which lesson helped the most. It's tough to choose 1 out of 20 so top 3
    Lesson 9 Rule #1 Cut losses Quickly
    Lesson 6 This is a battlefield, arm yourself with education
    Lesson 17 Take a little something from every successful (and fully transparent trader & investor)....
    Thank you for the guidance Tim!

  • @iouiou3808
    @iouiou3808 3 ปีที่แล้ว

    this is the first time i watch your video and is the first time i comment on yt. im a new trader, in the past 12 months i made 40k at start but now im down 40k with less than 2k in the account. my mistake is being an attacker, i traded everyday and many time a day. i knew this is wrong but couldn't control my greed, if i were to take small profit and cut losses i be near the 6 figure mark now. i learnt this the painful way as i was so stress out. i hope others don't make the same mistake i did. your video is the best so far as you summarised in a way everyone can follow and is real practical facts. i don't know if i can turn my 2k back to 40k or not but one thing for sure after watching your vdideo is that im heading back to the right direction. you got my acct together, thank you

  • @GPrendiz86
    @GPrendiz86 5 ปีที่แล้ว +3

    One of the most transparent and honest trader I've seen, great trader lessons!!

    • @TimothySykesTrader
      @TimothySykesTrader  5 ปีที่แล้ว

      thanks Gustavo!

    • @GPrendiz86
      @GPrendiz86 5 ปีที่แล้ว +1

      @@TimothySykesTrader Looking forward to join the challenge, I think I finally found the ideal Mentor/Trader to learn from 👍

  • @philpreston6406
    @philpreston6406 3 ปีที่แล้ว +1

    Love your honesty Tim. I could easily spend the whole day........talking to you about trading. Maybe one day.........??????

    • @TimothySykesTrader
      @TimothySykesTrader  3 ปีที่แล้ว

      study all you can and start trading!

    • @philpreston6406
      @philpreston6406 3 ปีที่แล้ว

      @@TimothySykesTrader Hi Tim, I do trade. And lost money for years..........then I had the aha moment. ( mine was trade against the loser..............nothing to do with charts. I'm now consistent. Realised trading is 99% mental ( to master trading......first master thyself) Most of OUR Thoughts are delusional...........certainly in trading. Those thoughts which we hold so dearly......are nothing to do with how we are going to profit!!!

  • @FluteLoveMeditation
    @FluteLoveMeditation 5 ปีที่แล้ว +2

    I learned #19 the hard way last year. 3 times taking a loss on good news.. I've learned to trade before the catalyst and wait for the reaction. Great video as always Tim. I hope to one day join your trading challenge. Til then I'll keep studying up.

  • @itsiktzur
    @itsiktzur 2 ปีที่แล้ว +1

    Thank you Timothy Sykes for consistently teaching and sharing valuable lessons.🙏🙏🙏😊😊😊

  • @carolegrenier
    @carolegrenier 3 ปีที่แล้ว +2

    Thank you for the lessons. They will be useful. My main weakness is to cut losses quickly. I am working hard on that.

  • @eugeniesoulange9879
    @eugeniesoulange9879 4 ปีที่แล้ว +4

    Thank you for the honesty. It's scary for me specially starting at my last 20's. I wished I have started years ago now. But I will surely follow your tips and start small. Thank you again

  • @mauricetamata4265
    @mauricetamata4265 4 ปีที่แล้ว

    Thanks Tim for your advice and thanks for the video

  • @HappyKidsStorytime
    @HappyKidsStorytime 4 ปีที่แล้ว +1

    This was amazing!!!! Thank you!!!

  • @walterharris6311
    @walterharris6311 3 ปีที่แล้ว +1

    Awesome video Tim thank you 😊

  • @jenniferkomondy5442
    @jenniferkomondy5442 5 ปีที่แล้ว +3

    #1, 14, 16, 17, I’m definitely a fan of KISS, 20- I too was a skeptic at first- I hope to tell you my story one day and how you changed my life and inspired me to make a different future for myself ✨❤️✨

  • @BillyReedMusic
    @BillyReedMusic 4 ปีที่แล้ว +1

    Great tips, Tim! Thanks!

  • @Jaydyte
    @Jaydyte 4 ปีที่แล้ว

    Good video thank you. The best lessons are “learn to react and not predict the market” and “Give back”. This is very true, most cases when I tried to use what I got from my old learned patterns or what I think should happen from the news, it back fires on me, now I go with the flow. As for giving back, this is a mystery, but also very true. If you give back to other people what you have, is it your knowledge or money, you always get back a double portion of what you have given in cash or kind, it’s the law of nature. How it works or why that is? No one knows😶, just give back, and avoid being selfish or you will lose it all.

  • @KT-zx9jr
    @KT-zx9jr 3 ปีที่แล้ว +1

    Great summary , thank you.

  • @josepaulino8233
    @josepaulino8233 4 ปีที่แล้ว +1

    Thank you Tim!

  • @gibinization
    @gibinization 10 วันที่ผ่านมา +1

    Thanks ...❤

  • @davidtupua7357
    @davidtupua7357 2 ปีที่แล้ว +1

    Thanks for the learning tips and trading foundation. Just watched your new 94 lessons and Tips on trading. It has greatly improved and helped my trading confidence. GOD bless you for your desire to help others.

  • @stevenhomoki9271
    @stevenhomoki9271 3 ปีที่แล้ว +1

    Thanks, I have a book from you coming and I have been reading a ton of books and your style seems very enlightening to me. I am curious what platform you use to search stocks with this spiking?

    • @TimothySykesTrader
      @TimothySykesTrader  3 ปีที่แล้ว

      I use stocks to trade: lp.stockstotrade.com/premier-trial/?CP

  • @billblankenship3131
    @billblankenship3131 4 ปีที่แล้ว +1

    GREAT TIPS TIM THANKS

  • @venitogonsalves8817
    @venitogonsalves8817 4 ปีที่แล้ว

    Hi Tim
    Any books you recommend

  • @jodiebishop2462
    @jodiebishop2462 3 ปีที่แล้ว +1

    This is my favorite video great advice

  • @theomacelestin4739
    @theomacelestin4739 4 ปีที่แล้ว +2

    I don't speak a lot of English but I understand you. You speak very clear. Be my mentor Tim

  • @andhenevercameback7117
    @andhenevercameback7117 4 ปีที่แล้ว +1

    Pauly shore was biodome!!! similar movies. both classics. great lesson man!

  • @orchardmudtwin
    @orchardmudtwin 4 ปีที่แล้ว

    I have no clue why someone would "thumbs down" this...this is outstanding. Sure it's common sense but sense isn't common. So kudos to you Tim. My trading evolution is and has been collaboration of many different traders. But I plan on building the life I want over the next 20 years. And I want to do it right.

  • @stevenchen8764
    @stevenchen8764 5 ปีที่แล้ว +1

    I am very agree with the lesson two !! Cuz when I traded before I always easily been affected by the price and profit I made but forgot how to become the best trader . thanks Tim!!

  • @matthartley383
    @matthartley383 4 ปีที่แล้ว

    Thank you Tim!!! Good Lessons!!

  • @cindywong7812
    @cindywong7812 5 ปีที่แล้ว

    Thank you, Tim, I listen your videos more than watch them. I made all the mistakes you mentioned, hold and hope, chase a stock, get emotional, get depressed...it's pretty difficult to determine when to enter and when to exit. I'm still learning. Thank you

    • @TimothySykesTrader
      @TimothySykesTrader  5 ปีที่แล้ว

      glad you have you here, Cindy. Learn all you can!

  • @coronavirusnews2818
    @coronavirusnews2818 4 ปีที่แล้ว +1

    thanks - super clear

  • @johnseck7593
    @johnseck7593 5 ปีที่แล้ว +2

    Invaluable guidance Tim. Thanks for all you do.

  • @glennkovacs1283
    @glennkovacs1283 3 ปีที่แล้ว +1

    excellent video thank you!

  • @elaineaschbacher8122
    @elaineaschbacher8122 3 ปีที่แล้ว +1

    I took notes. Thank you

  • @simonwilliams7682
    @simonwilliams7682 5 ปีที่แล้ว +2

    Love it Tim Really great advice Thank you !!!

  • @willfrank7753
    @willfrank7753 5 ปีที่แล้ว

    Be real with yourself and others, learn from your mistakes, Cut losses quickly, think like a retired trader there is just so much great info in these video just like your Student Portal lessons... Again, thank you Tim...

  • @JRebel4ever
    @JRebel4ever 4 ปีที่แล้ว +1

    Appreciate this information man.thank you

  • @stephendennis1539
    @stephendennis1539 4 ปีที่แล้ว +1

    thanks for the videos

  • @doubleh7150
    @doubleh7150 4 ปีที่แล้ว +1

    Utilized the tools you are given thanks Tim

  • @deeh4140
    @deeh4140 4 ปีที่แล้ว +1

    Thank you for this insight!!

  • @uncleiroh4650
    @uncleiroh4650 4 ปีที่แล้ว +6

    “That baby would be bloody. That baby would be decimated”
    - Timothy Sykes, Millionaire Mentor

  • @andriano24
    @andriano24 4 ปีที่แล้ว +1

    Cool lessons thank you.

  • @nickcunningham7109
    @nickcunningham7109 5 ปีที่แล้ว +1

    Great video Tim. I like the info and the message. Thanks for sharing your knowledge!

  • @glennkovacs1283
    @glennkovacs1283 3 ปีที่แล้ว +1

    YES clear as thank you!

  • @lousamonas672
    @lousamonas672 4 ปีที่แล้ว +1

    Your awesome. Thank you.

  • @amak4567
    @amak4567 4 ปีที่แล้ว +1

    Tim.... you are so Amazing.

  • @Resilienttrader6
    @Resilienttrader6 4 ปีที่แล้ว +1

    Thank you Tim. I learn a lot from you every single day

    • @TimothySykesTrader
      @TimothySykesTrader  4 ปีที่แล้ว +1

      Glad to hear it!!

    • @Resilienttrader6
      @Resilienttrader6 4 ปีที่แล้ว

      Thank you for reply :) im on day 19 in the boot camp. Like it so much 🔥

  • @cloudyjohnny
    @cloudyjohnny 5 ปีที่แล้ว +2

    Awesome video Tim! 👨🏻‍💻📈🔥

  • @ChuKkN0RRiS
    @ChuKkN0RRiS 4 ปีที่แล้ว

    Tim what market do you trade and where can i find a list of the penny stocks on it to add to my tradingview

  • @161mousanony
    @161mousanony 4 ปีที่แล้ว +1

    love you man, your style/way of expressing what you got to say resonates to my heart ! best wishes there and everywhere

  • @Adiplaytime6750
    @Adiplaytime6750 5 ปีที่แล้ว +1

    Your tips are very practical. Really enjoy them!

  • @mojganskelton1212
    @mojganskelton1212 4 ปีที่แล้ว

    Good simple advice!

  • @seanroe2789
    @seanroe2789 4 ปีที่แล้ว

    Thabk you Tim Sykes. I love that your are real and straight up with everything. I am so excited to have started on this journey and want to learn learn learn. I am taking your advice to heart and hope to be own trader sooner rather than later!

  • @hdhillion
    @hdhillion 4 ปีที่แล้ว

    Superb tips. Thx

  • @rasaru4214
    @rasaru4214 5 ปีที่แล้ว +1

    Love your lessons, thank you 🙏

  • @peterskiva7954
    @peterskiva7954 4 ปีที่แล้ว

    Great video as always

  • @nickpoolsaad2234
    @nickpoolsaad2234 4 ปีที่แล้ว +1

    My first time to listened to your advised , thanks! and liked your lessons number 14 ,3.4,8..

  • @randallmccrillis269
    @randallmccrillis269 4 ปีที่แล้ว +1

    Much appreciated Tim brand new to this type of trading but you make perfect sense thanks for taking the time to help explain.

  • @nanigirl78
    @nanigirl78 5 ปีที่แล้ว +1

    All of these tips are valuable and it draws out the bigger picture for becoming and or being a successful penny stock trader. Mahalo Nui Tim👍🏾👍🏾👍🏾

    • @TimothySykesTrader
      @TimothySykesTrader  5 ปีที่แล้ว

      thanks Leinani!

    • @TimothySykesTrader
      @TimothySykesTrader  5 ปีที่แล้ว

      what tip stood out to you the most?

    • @nanigirl78
      @nanigirl78 5 ปีที่แล้ว

      #3 sometimes the best trade is NO trade. I've forced trades before and kicked myself in the ass after😫..I'm choosing to just absorb all I can from various sources including you. Thanks for being real & giving back to the world👊🏽👊🏽👊🏽🙏🏾🙏🏾🙏🏾

  • @richardworkman7433
    @richardworkman7433 4 ปีที่แล้ว

    I am a rule keeper. However I don't even know where to begin. I'm overwhelmed with excitement and enthusiasm. I am not stuck in my ways. I am a very opened minded person. I just need direction. I appreciate you being honest, upfront and bold. I just need to get started. I have enough to start my marathon. I can see the trends, I can follow directions well. I can follow good stocks but I don't even know where to purchase these stocks. Do I need a separate bank account or where do I start with what kind of account. I don't know how I found you but I sure do appreciate your leadership. As a retired pastor I know the value of following the person that is leading.
    Mr. Sykes this guy humbly submits to your leadership. Thank you Rich Workman...

  • @larryfarrell6457
    @larryfarrell6457 4 ปีที่แล้ว

    Love it. Thank you Tim greatly appreciated

  • @Venom-z4t
    @Venom-z4t 4 ปีที่แล้ว +1

    I’m learning so much from your videos! Thank you so much for giving your time freely to us.

  • @edwinmagoga7807
    @edwinmagoga7807 4 ปีที่แล้ว +1

    Lesson 13 is what is driving me to join you, i wanna make a difference in other people and thus i am determined to make it.

  • @paulellerinternetbusinessc6767
    @paulellerinternetbusinessc6767 3 ปีที่แล้ว +1

    good job tim

  • @roy729
    @roy729 3 ปีที่แล้ว

    Thank you tim have a good day you're one of the best human being on heart 💝

  • @kal6650
    @kal6650 4 ปีที่แล้ว +1

    Thanks

  • @newboylive7604
    @newboylive7604 5 ปีที่แล้ว +4

    Wish I could like this video a million times. Thanks Tim for dropping these gems.

  • @tonynguyen36
    @tonynguyen36 4 ปีที่แล้ว +1

    U the best Tim

  • @garyporter6357
    @garyporter6357 3 ปีที่แล้ว +1

    Patience is a virtue as they say!

  • @lorenagerardo9644
    @lorenagerardo9644 4 ปีที่แล้ว +1

    1:45 am , watched this video✅. Awesome lessons!!

  • @lafamiliat3306
    @lafamiliat3306 4 ปีที่แล้ว

    How much cash you need to start buying stocks

  • @vincentnix582
    @vincentnix582 4 ปีที่แล้ว

    I got the most value out of the safety lesson. It is just my nature to stick my chin out to tempt fate, then in the natural world it ain't pretty for the baited. In stocks I believe you that it will not pay to stick a chin out, at all. A 10% success rate is not a big pad to land a large bird on but you have one there and that is no mistake. I was not blessed with a photographic memory as you were but I can outwork most of them and that would in this case be learning and following a plan. Make a plan follow the plan. Easy. Patience is the part that is not quite so easily done when one is hungry. Anyway congrats on beating, no, learning and employing the system to, in effect, beat the (6 to 6) system.

  • @edvinlopez7354
    @edvinlopez7354 4 ปีที่แล้ว

    im getting it little little, learning from your DVDs and videos here in TH-cam. thanks for all the info, the one thing that made me follow Tim is cuss him and his students are transparent.

  • @terrysaunders3602
    @terrysaunders3602 4 ปีที่แล้ว

    Tim, this is about my 20th video I have watched of you. I’m cashing out part of my 401k to join your challenge team. I have already had my interview. I am willing to listen and work hard. Hopefully a year from now I look back and say, “Wow, what a great decision!”

  • @LjTrader
    @LjTrader 4 ปีที่แล้ว

    You do t have to bear ahead of time, you can find an recognize a multiday runner, and get to be Ina trade and ride it up. Thanks Tim.

  • @michaelwilliams1830
    @michaelwilliams1830 5 ปีที่แล้ว +1

    Great video, kinda outlines your basic strategy. Thanks for all your teaching and advice. Proud to be one of your Challenge students!

  • @KittyKlawz
    @KittyKlawz 4 ปีที่แล้ว

    My favorite tip was start small. I'm a bad girl with underdog mentality, which is my weakness so start small tip will help me more than I know

  • @Yalebabe55
    @Yalebabe55 4 ปีที่แล้ว

    So helpful. Thanks, Tim!

  • @gavinkalikapersaud7225
    @gavinkalikapersaud7225 4 ปีที่แล้ว

    is there a video about being a day trader and taxes?

  • @DooleyBFR
    @DooleyBFR 4 ปีที่แล้ว

    Thank you!

  • @PK-hz6kg
    @PK-hz6kg 5 ปีที่แล้ว

    Thanks Tim!!

  • @rumal619
    @rumal619 4 ปีที่แล้ว +1

    Loving the lessons, I have 1000, Where, what and how do I study? I’m looking through your videos trying to apply. Got my mindset ready, going to start small, where do I look?

  • @vudaah4630
    @vudaah4630 5 ปีที่แล้ว

    Thanks Tim for the valuable lesson and a great humor! Cut losses quick and keep on learning to prepare definitely will be a big one for me.
    Your new challenge student. Sensei!😁

    • @TimothySykesTrader
      @TimothySykesTrader  5 ปีที่แล้ว +1

      glad to have you along!!

    • @vudaah4630
      @vudaah4630 5 ปีที่แล้ว

      Thank you, I am graceful for you and what you have done for other.

  • @ronaldocayosa8878
    @ronaldocayosa8878 5 ปีที่แล้ว

    Thank you Tim for this info.

  • @gagangames4813
    @gagangames4813 2 ปีที่แล้ว

    It happened to me. I always trade just opening one hour. The longer i wait in market , i lose. So i made a new rule to myself. Trade 1 hour . If i m wrong , just get out and fight another day. There is less stress in one hour. Many times i lost just because of greed . I am just jammed to my screen and i hate it. I just trade stocks now that are in full play or in momentum. I feel that trading is 70% discipline and 30 percent skill.

  • @amak4567
    @amak4567 4 ปีที่แล้ว

    I also see that Tim response to almost all the comments, what a MENTOR indeed. I started my journey with him and STT user and about to be STT pro in next few weeks. Am greatly excited. Amos

  • @morph2matrix
    @morph2matrix 4 ปีที่แล้ว +1

    What company or app should I trade through in Australia.

    • @TimothySykesTrader
      @TimothySykesTrader  4 ปีที่แล้ว

      www.timothysykes.com/blog/best-online-brokerage/

  • @christophertill3053
    @christophertill3053 4 ปีที่แล้ว

    Tim, i f-king love the videos and all the knowledge and advise is greatly appreciated

  • @shuhratazizmamadov4939
    @shuhratazizmamadov4939 3 ปีที่แล้ว

    Looks pretty open with a good intention helping other to earn. Thanks

  • @davidtam5479
    @davidtam5479 5 ปีที่แล้ว +1

    Sorry Tim, but I NEED all these lessons to make me a better trader! The lessons that I am failing at right now are #9 Cut Losses Quickly and #2 Trading like a "Retired" Trader. I trade too much and I force trades in "hope" of making money! I need to trade ONLY when the set up is right!

    • @TimothySykesTrader
      @TimothySykesTrader  5 ปีที่แล้ว

      that's good you're aware of your mistakes so you can learn from them!

  • @louieg888
    @louieg888 4 ปีที่แล้ว

    Tim! I'm pretty new at stock trading, I haven't start investing yet but I wanna know more about trading first. What would you suggest I learn first? I think I will start by watching all of your videos first and attending your available webinars. I think I will start investing to penny stocks too just for around $100 maybe just to learn how trading works. Let me know what else I can do to start. Thanks!

  • @AscendMentality
    @AscendMentality 5 ปีที่แล้ว +1

    “Cash is often the best play” love that one

  • @Sds518
    @Sds518 5 ปีที่แล้ว

    I will learn from this! Thanks for the information!

  • @lloydalozie994
    @lloydalozie994 4 ปีที่แล้ว

    Joined up to be your student. Done the first homework reading the book on the volatile survival guide. Watching youtube lessons while waiting for the next homework for today.

  • @FromCJL
    @FromCJL 5 ปีที่แล้ว +1

    You’re Awesome! Thanks for this video.

  • @robertvazquez7083
    @robertvazquez7083 4 ปีที่แล้ว

    what dose he mean when he says buying singles? like 1 share?

  • @carmennavar6961
    @carmennavar6961 3 ปีที่แล้ว +1

    So honest so transparent you are one of the BEST teachers in this niche always telling the truth. I loved your Book Hedge Fund Trader Brilliant . Thanks