Want more tips, check out SteadyTrade Team: stockstotrade.info/2NoTo0t What do you think? Are you ready to start your trading journey? If you already have, did you start with a small account? Let us know!
I don't know if I'm obsessed or not, but I've been working my way through you're old podcasts. I've always studied the market though. I"m just new to penny stocks. I quickly discovered it's a different beast and I don't know anything at all. I'm putting in the time to learn, though.
I started with a small account, the biggest problem I had was selling when I had good gains but holding out hoping that it would up more because I knew that I only had one trade to make that day due to the PDT rule.
HAHA on my 3rd small account since starting a little over a year ago, first 2 were blow ups before I understood how key RM was. Started fresh in Feb. after taking off half of Dec. and all of Jan. to study and watch the markets with a fresh mindset and have recovered all of the 2 blown up accounts and turned overall profitable barely lol. Had a sloppy week to start Sept. so I'm grinding this weekend harder to try to take that next step up in my trading. Thanks for all of the lessons and effort you and your team put in to help me be more successful boss!
Love the exitement, the love for teaching and patience this guy has to go over this stuff over and over until you finally get it. Never in the same video, always with new examples and scenarios. A true teacher. I am going to call you Profesor Tim from now on because you earned the title in my book. Better than 90 % of college teachers out there! What a gift!
I've actually started with 250 and been doing this for 5 months. I've lost about 100 of it and got some small gains. Past 3 weeks this stuff clicked and I'm up 150 dollars. I really appreciate all the information!
You are likely up because market is nuts. I started with 1500. Made 8k in a month. Lost 6k on 1 trade on september 1st and couldnt recover until dec. Its easy now. It will get hard again. Be conservative, protect, learn from mistakes
@@sundisputed yeah I don't disagree at all. But I did change my strategy and how I go about it. I want it to get harder so can feel the pressure and gain the experience.
TIim, you're a fantastic person. I'm beyond newcomer status, but this was still helpful to listen to. Your video keeps it green for me... sometimes I need to go back to the basics, go through all the steps again from the beginning. Today I was grading my students' work and I felt the kind of dismay that you faced Friday morning. My students don't listen, don't follow the direction I've laid out.
Fantastic tips Tim! I'm looking to join STT and your mentorship program. I'm missing too much by not getting to trade OTCs! Thanks again for everything you do to help the next guy who's willing to to put in the work. It does require an obsession and that's only a bad thing when someone isn't willing to do what it takes to surpass goals! 🤘
Hey tim hope you're doing well,thanks for the content you deliver to us now and againg.I got a quick question for you relied on the Second Tip: pay a small commitment for a decent brooker. I dig you 100% and my question is :if you git to suggest a good brooker for Longs on OTC wich one could be your choise? Appriciate anything A good day.
Thanks Tim..using your teachings, I have been consistently growing my small account every week. Mostly overnight swings..using your swing criterias.. my goal is to keep growing roughly $500 weekly.. $500 x 52 weeks = $26,000. Ill add a few weeks for losses, but I'm actually seeing that my $100/day goal is getting passed on most days..Thank you for all your knowledge and teachings..
Im started from zero here a few days ago been watching everything i can while i save up to start, the only thing im having trouble is where and how can i learn to navigate the platforms to find the right stocks to look for. Any suggestions are appreciated books or video's, im all ears! Thanks!
Hey Tim, we need a closer look at the books in your background.. could you share a closer shot of what books are there on that shelf of yours? I know one.. because i have been saving money for that green fat one!
Thanks for this video! 2 Questions. If I purchase a stock on Monday and hold it overnight then sell on Tuesday, is that considered a "Day Trade"? Also, can I day trade in a cash account if I have 25K in it or do I have to move the money to a margin account?
If you ever get a sizable loss and every trader does and you have a small account size bound by the PDT rule, coming back up from that loss is so fucking frustrating.
I have a spreadsheet(s) for that. Obviously record the date and ticker, price in, price out, position, strategy. Profit/loss, %profit/loss, a description etc. If u want you can track the time you entered and exited. Really up to you what you want. In excel you can set up formulas to automatically calculate your profit, and the percentage, and the total of all your trades and so on. I also enter all my trades into the respective strategy journal to track different strategies, but if I’m honest I’m like a month behind on that😂.
● GREAT VIDEO > >> IMPORTANT: PDT RULE ONLY APPLIES to USA MARGIN ACCOUNTS, it does NOT APPLIES To CASH ACCOUNTS. That is when SELF-DISCIPLINE & RISK MANAGEMENT becomes also necessary !
first statement is not true. if you have a cash account you can take as many trades(round trips) in a day as you want. If you have a margin account under 25K then you can only do 3 in a 5 day period. So, go short late day and cover the next day and you're ok. It's only if you have a margin account and want to open and close a position in a single day.
Want more tips, check out SteadyTrade Team: stockstotrade.info/2NoTo0t
What do you think? Are you ready to start your trading journey? If you already have, did you start with a small account? Let us know!
I don't know if I'm obsessed or not, but I've been working my way through you're old podcasts. I've always studied the market though. I"m just new to penny stocks. I quickly discovered it's a different beast and I don't know anything at all. I'm putting in the time to learn, though.
I started with a small account, the biggest problem I had was selling when I had good gains but holding out hoping that it would up more because I knew that I only had one trade to make that day due to the PDT rule.
HAHA on my 3rd small account since starting a little over a year ago, first 2 were blow ups before I understood how key RM was. Started fresh in Feb. after taking off half of Dec. and all of Jan. to study and watch the markets with a fresh mindset and have recovered all of the 2 blown up accounts and turned overall profitable barely lol. Had a sloppy week to start Sept. so I'm grinding this weekend harder to try to take that next step up in my trading. Thanks for all of the lessons and effort you and your team put in to help me be more successful boss!
Thank you for not spamming the video with advertisements like most other educational videos. By far my favorite series and teacher.
Love the exitement, the love for teaching and patience this guy has to go over this stuff over and over until you finally get it. Never in the same video, always with new examples and scenarios. A true teacher. I am going to call you Profesor Tim from now on because you earned the title in my book. Better than 90 % of college teachers out there! What a gift!
I've actually started with 250 and been doing this for 5 months. I've lost about 100 of it and got some small gains. Past 3 weeks this stuff clicked and I'm up 150 dollars. I really appreciate all the information!
You are likely up because market is nuts. I started with 1500. Made 8k in a month. Lost 6k on 1 trade on september 1st and couldnt recover until dec. Its easy now. It will get hard again. Be conservative, protect, learn from mistakes
@@sundisputed yeah I don't disagree at all. But I did change my strategy and how I go about it. I want it to get harder so can feel the pressure and gain the experience.
Update?
Love how you break it down and the time you put in to help us !
Love your videos in the morning
Appreciate the content, just gotta say i love how less annoying your intro is compared to Sykes😂😂
Always share your videos Tim !... you are spot on ... thanks
T Bohen for President!
I love that you love helping others. I'm the same way. Thanks again for another great video
You bet!!
TIim, you're a fantastic person. I'm beyond newcomer status, but this was still helpful to listen to. Your video keeps it green for me... sometimes I need to go back to the basics, go through all the steps again from the beginning. Today I was grading my students' work and I felt the kind of dismay that you faced Friday morning. My students don't listen, don't follow the direction I've laid out.
another great Video...Thanks Tim !!!!!
I love your story... your business and kids and tlyiu researched and got up early. You're my mentor for sure. Thank you!
Tim= Master!!!!
You're vids are awesome bro. Thanks Tim, for all you do. Very helpful.
We appreciate you. The universe will continue to send you great things.
Thanks for EVERY video you produce.
Hi Tim and Team, for someone just starting out , I really appreciate your content and teaching methods, to the point and no nonsense, HWPO. Thanks.
Glad to hear it!!
Great educational video and thanks for sharing this with me.
Tim is the man
One of the best videos out there, Thanks Tim 🤜🏼🤛🏼you the beat
Thank you! !
There is an offshore brokerage that doesn't enforce the PDT rule. Higher commissions compared to "free" but hey
Would you put a market order to get out just in case the limit Oder don’t get filled?
Fantastic tips Tim! I'm looking to join STT and your mentorship program. I'm missing too much by not getting to trade OTCs!
Thanks again for everything you do to help the next guy who's willing to to put in the work. It does require an obsession and that's only a bad thing when someone isn't willing to do what it takes to surpass goals! 🤘
Great info!
Watched this video 1/24/2021 Good review of fundamentals
This video inspired me to study more and work harder, thanks bro!
Thanks Tim u the Man
Spot on man
This is solid
Thanks TB 👍
I am obsessed now. Because I totally trust you. I guess I better start with $25000 in my account because I don't want any extra rules slowing me down
Hey tim hope you're doing well,thanks for the content you deliver to us now and againg.I got a quick question for you relied on the Second Tip: pay a small commitment for a decent brooker.
I dig you 100% and my question is :if you git to suggest a good brooker for Longs on OTC wich one could be your choise?
Appriciate anything
A good day.
Thanks sir.
Thanks Tim..using your teachings, I have been consistently growing my small account every week. Mostly overnight swings..using your swing criterias.. my goal is to keep growing roughly $500 weekly.. $500 x 52 weeks = $26,000. Ill add a few weeks for losses, but I'm actually seeing that my $100/day goal is getting passed on most days..Thank you for all your knowledge and teachings..
🙌
My first over the weekend swing..EXPR..+ 370...could have been >2k if I held..lol..this market is crazy..
Thanks Tim!
Im started from zero here a few days ago been watching everything i can while i save up to start, the only thing im having trouble is where and how can i learn to navigate the platforms to find the right stocks to look for. Any suggestions are appreciated books or video's, im all ears! Thanks!
So is buy then sell same stock 1 trade or 2 under pdt
Thank you
Do new traders need level 2??
About cash to margin account (IBKR), is that $ 2,000 minimum only required ?
can you send me A link for a good spreadsheet? Thanks Tim
Hey Tim, we need a closer look at the books in your background.. could you share a closer shot of what books are there on that shelf of yours? I know one.. because i have been saving money for that green fat one!
I’m in the right place here
Thank you
yessir! study hardd
What broker would you recommend to trade OTC's Tim?
Thank u
You bet!
Thanks for this video! 2 Questions. If I purchase a stock on Monday and hold it overnight then sell on Tuesday, is that considered a "Day Trade"? Also, can I day trade in a cash account if I have 25K in it or do I have to move the money to a margin account?
If you ever get a sizable loss and every trader does and you have a small account size bound by the PDT rule, coming back up from that loss is so fucking frustrating.
Does the PDT rule apply to cash account? If I have $5k and I use half one day half the other and so forth
Not to cash account.
@@raz3032 awesome thank you
@S J ok will do thank you
What broker do you recommend for international client wanting to trade on US markets?
I'm in the UK and would also like to know this?
Webull wont let you trade after 3 trades if you are under 25k, but you have to select it in the settings.
Does anyone have a video on how to take notes on your trades? What type of things should one write?
I have a spreadsheet(s) for that. Obviously record the date and ticker, price in, price out, position, strategy. Profit/loss, %profit/loss, a description etc. If u want you can track the time you entered and exited. Really up to you what you want. In excel you can set up formulas to automatically calculate your profit, and the percentage, and the total of all your trades and so on.
I also enter all my trades into the respective strategy journal to track different strategies, but if I’m honest I’m like a month behind on that😂.
follow and create your passions, become obsessed, love the grime, keep going, you will see great results later ♥️
Whats wrong with butterflies Bohen lol
No PDT with a cash account.
Cash Account > Margin if below 25K
In search of a mentor... help‼️
🔥
● GREAT VIDEO > >> IMPORTANT: PDT RULE ONLY APPLIES to USA MARGIN ACCOUNTS, it does NOT APPLIES To CASH ACCOUNTS. That is when SELF-DISCIPLINE & RISK MANAGEMENT becomes also necessary !
coffee shot
first statement is not true. if you have a cash account you can take as many trades(round trips) in a day as you want. If you have a margin account under 25K then you can only do 3 in a 5 day period. So, go short late day and cover the next day and you're ok. It's only if you have a margin account and want to open and close a position in a single day.
Come on people. Nothing is "free" especially in this arena.
study study!!!
seat time lol
These guys are the real deal. I am signed up to their day trade program with oracle. CBell
Appreciate the support!