I’m long biased so I don’t trade them. I will watch every time something like a pump happens, get familiar with the pattern, Incase I ever need to adapt. To answer your question, as a newbie I don’t trade pumps , instead I learn from every current move as well as the ones that have happened in the past to minimize my risk should I trade them in the future! -Jordan Reed
I make sure my share size is appropriate to the range of any stock I'm looking at. I do cut my losses quickly. I unfortunately also sell or cover my gains to quickly still.
Sell if your strategy says it not by the fear you experience when a stock price go down. Learned the hard way, but thankful that I learned from the best.
Today I shorted a stock I took a correct position but due to no patience I buyied it immediately at higher price but just after a min it felled 10 points so how to build the patience for intraday trading
Yes I do. There are a few of the short sellers you're talking about that I check to see what they're in too. Before I'll go long on them I figure out where I'd short it, where I'd add, where I'd be scared and where I'd cover. Then watch for where I think they're getting trapped. That's the most successful setup I've had for the last few weeks.
Tim I’m 17, live in UK, Ameritrade and E trade don’t open EU residents accounts and I can’t afford interactive brokers. What other ways/brokers should I look for to trade US penny stocks. Or maybe UK pennystocks?
Tim - are these stocks easy to trade if I'm in the UK? Does anyone know a UK broker that covers all of these?...don't follow you on Twitter...but I probably shall - thanks : )
Oh no, I totally get the risk with short selling. It amazes me how little people study before becoming traders. I'm still mainly paper trading but have made a few bucks on the short side. Thank you for another great video!
Hello Tim, i'm 14 years old and i turned 5k into 12k in 3-4 months. I always had a passion in the market, so i started to study a lot. (I'm home schooled so i had a lot of time to study.) I found a strategy that was consistently profitable in 3 months! The strategy was to look for stocks that were up in pre market because of news. Then i would look if it was maintain his highs. I would study the past and see if it was a former runner, I would also look for previous resistance. Then if the stock broke the pre market highs i would buy if the volume looked good. There are also many other factors that play like the RSI,level 2, times and sales etc. Thank you for inspiring me to become a day trader! Edit: I would also cut my losses very fast and have a good profit/loss ratio. I also trade low cap stocks because they have the potential to move very fast.
I didn't follow you on tweeter but following your videos on TH-cam. Thanks for video, I am new too in trading, and made this mistake too, but not again.
$CPAH felt like a chat room pump to me today, no news , insane buying volume. Didn’t trade it but I witnessed it. Really trying to grow my knowledge account before my monetary account. I made a video today over a potential Dip buy on $ACST. Mostly for myself but feel free to watch it! Criticize me please. I’m always looking to get better in anyway. Before I enter a trade I always have a plan to get out, a mental stop where I have my finger on the trigger to protect myself. And I do follow you on Twitter! But I feel like you already know that 🤣 Great Video Tim Thanks again -Jordan Reed
tim dont be so savvy with this.. some guy lost 720k and he isnt here anymore.. i assume he took margin and didnt exit a short and owed 720k and left us : (
Short selling long term is like representing yourself in court: only a fool would do it! Also if you’ve ever seen a Bloomberg terminal you know the advantage one has is ridiculous as compared to those who don’t have the terminal!
Are you drawn to these patterns? How do you minimize your risk?
@Timothy Sykes, Which broker offers more shares to short, Etrade, interactive broker, thinkorswim, or stockstotrade? Thanks.
I’m long biased so I don’t trade them. I will watch every time something like a pump happens, get familiar with the pattern, Incase I ever need to adapt.
To answer your question, as a newbie I don’t trade pumps , instead I learn from every current move as well as the ones that have happened in the past to minimize my risk should I trade them in the future!
-Jordan Reed
Jordan Reed yes! always learn to adapt!
Life Coach 777 check out my blog post tim.ly/sykesbrokers
I make sure my share size is appropriate to the range of any stock I'm looking at. I do cut my losses quickly. I unfortunately also sell or cover my gains to quickly still.
Sell if your strategy says it not by the fear you experience when a stock price go down. Learned the hard way, but thankful that I learned from the best.
Shane Hummus nice! you’ll never make that mistake again :)
Today I shorted a stock I took a correct position but due to no patience I buyied it immediately at higher price but just after a min it felled 10 points so how to build the patience for intraday trading
We love honesty and transparency! Great video, as usual!
I understand all of this fall on stocks you buying. But does call options also have a direct effect on prices rising on a stock
how do i join ur chat room?
UGLY BOY join here bit.ly/2N3TaaL
For some reason, that explanation of how short selling works made more sense to me than any other you have given. The contrast. Thanks Tim.
Followed and subbed 👍🏻
I have been following you from the moment I join your Alert room. Definitely a plus!
Yes I do. There are a few of the short sellers you're talking about that I check to see what they're in too. Before I'll go long on them I figure out where I'd short it, where I'd add, where I'd be scared and where I'd cover. Then watch for where I think they're getting trapped. That's the most successful setup I've had for the last few weeks.
James Scott love it! always research and study!
Yep I do and thanks! Got the idea from you. Think like a short.
Tim I’m 17, live in UK, Ameritrade and E trade don’t open EU residents accounts and I can’t afford interactive brokers. What other ways/brokers should I look for to trade US penny stocks. Or maybe UK pennystocks?
Dimitrij Albul study, study, study and save up! focus on your education first.
Timothy Sykes I’ll find a way. Thank you
So as start it's better to trying and find out when they'll spike, buy low and sell high
No...actually I don't even have a Twitter account but I think now I have to because I want to learn from you.
Tim - are these stocks easy to trade if I'm in the UK? Does anyone know a UK broker that covers all of these?...don't follow you on Twitter...but I probably shall - thanks : )
You can make stop loss if crosses let's say historical price,or moving average, you can use overbought..you can let's say stop loss at 10 percent..
I follow and studying your patterns ♡
Learning more every day..Videos like these make my you tube day trading journey just a bit easier..Good stuff! Thanks!
Yes,i do follow you. I get so encouraged whenever i see your tweet or post.
Olawoyin Paul awesome!
yes i always cut losses
GOOD!
Oh no, I totally get the risk with short selling. It amazes me how little people study before becoming traders. I'm still mainly paper trading but have made a few bucks on the short side. Thank you for another great video!
Love ur videos keep up the good work and help to change the world
thanks Miki!
Hello Tim, i'm 14 years old and i turned 5k into 12k in 3-4 months. I always had a passion in the market, so i started to study a lot. (I'm home schooled so i had a lot of time to study.) I found a strategy that was consistently profitable in 3 months! The strategy was to look for stocks that were up in pre market because of news. Then i would look if it was maintain his highs. I would study the past and see if it was a former runner, I would also look for previous resistance. Then if the stock broke the pre market highs i would buy if the volume looked good. There are also many other factors that play like the RSI,level 2, times and sales etc. Thank you for inspiring me to become a day trader!
Edit: I would also cut my losses very fast and have a good profit/loss ratio. I also trade low cap stocks because they have the potential to move very fast.
Just started following you on FB, Twitter, TH-cam, and Instagram today. I’m looking forward to learning from the best!
Did you find success
I trust you Tim. Thank you for being real.
sir,i am not that meticulas, but you are definetly ,respect sir,for uploading a video daily.
your sinseraty defineteliy iginets someone.
thankyou. 😊
Yes I do
Yes.. Follow you everywhere. Actually I found you on facebook! 👍👍
Do the screwing!
yes
Yes
No. Dont have Twitter
😂
go long when the price goes up, go short when it falls.
Great tips! and yes, I do follow you on tweeter! ;)
Shorting is more fun, these pump n dumps don't last long
Yes, i follow u
I do. I only have a Twitter because of u
Hi Tim no I don't follow you on twitter lol!! But I have just signed up for it ;-)
I didn't follow you on tweeter but following your videos on TH-cam.
Thanks for video, I am new too in trading, and made this mistake too, but not again.
Vikas Bobde yes! welcome!
No, but I'm going to find you and follow.
Nice 😎👍
Yes,following on. Twitter
You can mitigate the risk of losing infinite amounts by putting a stop loss at 100% loss
*_Remember Rule number 1- Be honest with yourself-Tim Sykes._*
TAKE YOUR PROFITS QUICKLY N TAKE YOUR LOSSES QUICKLY?
KEP UP THE GOOD WORK TIM....ANY ADVICE IS GREAT ADVICE...?
number one rule is cut losses quickly!
I'm not but I will
$CPAH felt like a chat room pump to me today, no news , insane buying volume. Didn’t trade it but I witnessed it. Really trying to grow my knowledge account before my monetary account.
I made a video today over a potential Dip buy on $ACST. Mostly for myself but feel free to watch it!
Criticize me please. I’m always looking to get better in anyway.
Before I enter a trade I always have a plan to get out, a mental stop where I have my finger on the trigger to protect myself.
And I do follow you on Twitter! But I feel like you already know that 🤣
Great Video Tim
Thanks again
-Jordan Reed
Jordan Reed double posting, I love it! Keep up the good work!
Timothy Sykes 💪#nodaysoff
No still feeling you out loved what you did at the miners conference 😋😂😂😂😂
Busy B I’ll be in Chicago in July :)
@@TimothySykesTrader need you to come out to Silicon Valley
NO; I don't use Twitter and won't.
tim dont be so savvy with this.. some guy lost 720k and he isnt here anymore.. i assume he took margin and didnt exit a short and owed 720k and left us : (
probably on bpth
You should make a video about the fees. I won't follow you until you give us information you can't just google and get from anybody.
niceeee !!!!!
Ethisode
No
Nope but I'll add you
Yes yes 👍
Yes! And you need to shave. Also I broke your rules and paid consequences.
Still waiting to hear the advice part of the video...kind of just rambling and shaming people instead of helping.
LOL listen to this video again in slow motion, every single word I say can help you improve
Short selling long term is like representing yourself in court: only a fool would do it! Also if you’ve ever seen a Bloomberg terminal you know the advantage one has is ridiculous as compared to those who don’t have the terminal!
Get to the point
Man can we get more videos on how bitcoin sucks and not to trade it😎... Its dead!!! Don't know why people are still talking about it
check out some of my other videos! plenty to discuss on this topic :)
@@TimothySykesTrader thanks Tim keep up the great work and thank you for building schools... You'll always be a hero to me
No useful information here...
So Shorts Actually Raise The Price Of The Stock ?
Yes
yes