Why do most traders lose money? No one talks about it.
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The sad reality is that 90% of traders lose. 80% of my students don't even bother studying the video lessons, they just hot stock picks. So, I'm fighting the trend.
You always have to be adapting, and you always have to be testing. I wish that the stock market were an exact science. It's not. It's more of an art, and there's kind of like a moving target. So, even if you master, let's say buying earnings winners. Earnings winners might work for a week or a month or three months, and then they'll stop working. Even if you master, you know, shorting morning spikes. It might work for a week, a month, six months, and then it'll stop working.
You need to have different strategies, and this is why I have so many video lessons, DVDs, webinars. I track every single thing I do, and my top students track everything that they do. If you're a fan of my top student Tim Grittani, whose now made close to seven million, I've only made close to five million, so he's surpassed me. If you're a trading challenge student, you have over 50 archive webinars of him live trading.
Even though most traders lose, guess what. There are some traders, like me and my top students, who have profited year in, year out, and we teach openly. I'm not afraid if you become profitable and I'm profitable.
I know some people out there, a lot of newbies these days, are making money in a bull market. What if the bull market turns into a bear market? Are they prepared? I'd be very very very worried, learning from somebody with one, two, three years experience, because they just haven't seen it all. They're not bad people, and they're just inexperienced. And learning from inexperienced people is very very dangerous, and very risky. And you don't even know it until it's too late.
If and when the market changes, guess what, they're not prepared because they've never seen another market. I've made money in bull markets and bear markets. So, I'm not here to brag, and I'm just tryin' to explain to you the landscape. And a lot of people say, "Tim, like why are this cocky? You haven't made this much money." It's not cockiness, and it's experience. I've seen the ups and the downs. I've seen real traders, I've seen fake traders, I've seen every kind of stock movement possible.
So, I'm trying to share with you, from my years of experience so that it can help you be better prepared. As I said, the stock market is a battlefield. I want to arm you with like, the best weaponry. I'm basically like your Drill Sargent, and I'm not here to be your friend. If you don't like my personality, if you get offended, if you're like the grammar police with my blog posts I don't need you, and you don't need me, the world is very big. But, if you don't care about little stuff and you're focused on like, okay. This guy knows what he's talking about, then hit me up. Message me, go to timothysykes.com. Don't trust any of these freakin' random people who say like, and I have imposters these days.
People on different social media and they say, "Oh, I'm Tim Sykes' student." No, don't learn from random people on the internet, okay? I'm sorry that there are so many imposters, that's what comes with being real. Go to timothysykes.com/contact, and I'll also post a link just below this video. If you want to learn, do me a favor and be dedicated, and don't sweat the small stuff, because I have no tolerance and no patience.
* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/.
You are correct in all you say TIM. I have traded for years and its true but there is one missing component to all this. YOU CANNOT COMPETE WITH HEDGEFUNDS and ALGOS . Today I was getting a hida scan test done and I met an older gentlemen who seems to know alot about trading. Well it turned out to be that his son works for a hedgefund, he was a trader in the 90s for many years and he made and lost millions( he showed me pictures of him in the pits and him and his son trading live crude oil). He said trading is just as easy as picking up a pen and write with it . The problem is not psycology or lack of studying, the real problem is who you are competing against. Now I do not mean to say you are not smart in fact you seem to be smarter than many traders out there who I have met over the years in my trading career. The problem is that they have all the $ in the world to fund their resourses and to pay genuis to build for them softwares that are FASTER AND SMARTER then you and them. They know in advance what is going to happen and when is going to happen. My son does it and the company he works for they spend millions in research softwares to get the advantage to be ahead of you and me. There is not such a thing as bull trap or bear trap or you did not read the chart well or you picked the wrong stock. In the long run you are going to be run over by them. I was like ok but how come you see all these traders on youtube talking about how they made money trading commotities or stocks or penny stocks. Yes there is people out there who made money but if they traded for 20 plus years in and out eventually they all get burn. You only hear from the good stories but not the ones like the traders who killed them self in 87 or 08. Algos are everywhere in every trade including penny stocks. Now I have the money and I am willing to met with you TIM and trade live and if you make me make real money I will share with you 50% of my PROFITS !, I am not a new trader I know all the ins and out about trading and reading charts and doing technical, fundamental analysis , risk to reward ratio and all the dicipline that involves trading. I am willing to become your next millionary student if you show me NOT BUT LESSON VIDEOS but live.
I want to learn how to be a successful trader. I have bought every book I can find on trading. I watch every video I can. I just can't afford to spend a lot of money right now. The holidays are approaching fast and I have 3 kids. I have made a little profit so far but I have a long way to go. I don't think I'm ready to trade yet. I'm staying in one stock for now. And that is aurora cannabis. I trust aurora and I'd don't mind investing for the long term. Besides that I don't have a plan yet besides keep studying. I took a few classes through the public schools in my city. They helped but not a lot
Maybe giving a chance to be taught without having to pay, and with that said speak with whom you'd teach b/c a lot of the time you can tell a difference between someone motivated and someone lazy... Having these in my perspective is awesome but having the chance to work for it when having a good mentor is even better !!
Hahahaha, I love your videos. You're always super honest about everything. Of course nobody is going to become rich just because,p. It takes time and effort, If everything was easy then everybody would be millionaire
I think what inspires a person entirety depends upon their position in the "Maslow's Hierarchy of Needs,' and is therefore fluid. A person who has decent food and shelter will be motivated by goals within the next tier on the pyramid; perhaps better working hours, or a well stocked emergency fund. Those who have a pretty sweet life and financial security might find inspiration in a Lambo or a private vacation home in the Bahamas.
Personally, I am looking forward to replacing the manual labor job with the daily trades, and being able to afford better health!
Here is what inspires me the most Tim.. I hope you read this.. Videos of you driving your Lamborghini in town or highway, showing off the places you are visiting, seeing all the cash like in your previous videos, and talking about how its all possible with hard work..
Tim you always talk about "the rules". Apart from Rule # 1, they are not specifically laid out anywhere (that I have seen yet). I have distilled 10 so far from everything I have studied in the last several months. Any chance you could do one of these short videos and just say "the rules are : #1, #2, #3 etc. I have got 10 written down so far but would appreciate you laying them out so I can see how close I am. Thanks. ps great work sharing this info for us, please keep it up.
A good genuine reason why people fail is because they sign up to people like Timothy Sykes and spend thousands for the challenge program and learn absolutely nothing apart from basics from timothy Sykes, tim will always make money from alerting his buys and sells and 99% of the sheep will loose money when he’s selling or covering into them, don’t cut corners in trading and spend the money for a proper mentor, when starting out trading it’s CRUCIAL to have a proper mentor because I’m still trying to get the bs video lessons Sykes “teaches” where he bigs up the people which made money but disregards the 99% which lost money because of him, it’s not worth it save your money, shop about and find a proper guru
Brian Uribe I don’t mean to put you down there but Ross is just as bad as Tim Sykes if not worse, not sure of the other guy, if you want to learn pennystocks trading look up my investing club and learn from the guy which taught all these guys and actually shares info instead of giving you bare minimum to keep you loosing and coming back, if you want to trade the big stocks like Apple, Facebook etc which is the way it’s going in the future I think then look up bulls on Wall Street and trick trades they are the real deals and will help you as much as they can 😁
I love your hype, your realness, your energy toward the stock market. I can see how you lost your mind. You didn't speak much about the main reasons why people fail. All you spoke about is why you're the best teacher. Why don't you just give out more information for free? Ask for donations instead. Do live video trading and accept donations like gamers do.
Honestly, I'm likely of minority opinion here, and admittedly my interest in trading is more intellectual than practical, but to hell with the villas. I care about not having money prevent me from living the life I want to live.
You can honestly learn a lot from just his YouTube videos alone. I'm a college student so I don't really have the money to pay for the profitly stuff, but the reviews on different setups can tell a lot. It definitely takes longer to learn without profitly but after a year of losses I've caught a good sense of flow following Tim's patterns and have become profitable finally. So basically I'd buy in profitly if you want to shorten up the time span of struggle
+Umar Virk I'm not comparing the type of trading, I'm comparing the amount of useful content they provide to the public. Meir doesn't care about live streaming for free his trading days everyday. Ross Cameron for example he doesn't stream his trades for free, but he at least has free 30-60 min videos actually live trading penny stocks and explaining the pattern, not like Tim just explaining patterns, even in his penny stocking silver program. I understand the importance of patterns but if he doesn't explain something as simple like lvl 2 quotes, I don't see how is he trying to help new traders
Brian Uribe. I think Tim is great and has great videos but you have to understand that Meir and Tim are different. Tim specializes in penny stocks while Meir day trades normal stocks in the first hour with purely price action and support and resistance.
This game is not an easy one. But if you simply study and keep at it everyday, you can have success!
But you HAVE to keep at it. No matter what.
You cant just wake up one day and be amazing at something.
Practice will make you good.
life is my motivator.. my family. my health. our future.. villas and cars do not inspire me but your talks of reality and hard work reminds me how to get there.. thank you Tim. i will work hard! i will study. i will be here for the long run..
It's the little tidbits that help mold the students. Thanks for your free hundreds of videos, and replaying to each question no matter how trivial. Everything on Profit.ly proven 100%. 📉📊📈
See you @ 🌞Orlando Florida Traders and Investors Summit. 🌴2018.🇺🇸
Congratulations on 10 years.
Thank you. I made my wife watch this video shows she would get off my back about studying and paper trading before using real money. This video helped her understand why I'm practicing before throwing real money at the market.. I've been a student about a month and have learned a ton. Thank you again.
Hey Timmeh I dont want to be that guy but your shirt looks inside out lol maybe its fashion .You are a busy man and I like to think -that day you just got up from bed and wore that shirt in a hurry to give us another video :)) that sounds more like you.
I don't like the Villa, nor the cars etc. One of my favorite comments came from Roland Wolf, where he says, "At this point it is about providing for my family."
We are all trying to provide for something. Let it not be our ego and pie in the sky.
Love it Tim! Not 100% sure if you're 100% you in those videos - but even if not...it is definitely the attitude I can relate with. Let me know if you need a workout partner to get them muscles grow at some point ;) Keep dem videos coming - this one made my day!
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Telegram will distribute Grams following the launch of its TON main network in Q4 2018, and the implementation of its light wallet client.
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Telegram will the release Grams to network participants at a later stage.
The funds raised by the token sale will be used for the development of TON, said the company.
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Blockchain technology from Telegram messenger. TON can be regarded as a decentralized supercomputer and value transfer system.
The following components are scheduled to be released after the TON Blockchain core and will further increase the potential uses of the TON infrastructure.
TON Storage is a distributed file-storage technology, accessible through the TON P2P Network and available for storing arbitrary files, with torrent-like access technology and smart contracts used to enforce availability.