What is your favorite lesson or idea you learned from watching this interview? I love how no matter what level you are at, you will still face challenges.
Tim G is an absolute G.O.A.T.!!! Not only because he's a GREAT trader, but because he's had the same demeanor from the first interview I saw him on, to this interview 10 mill later. If he's not a REAL guru, I dont know what one is. I can only hope to be like Tim G, with regards to his level of success financially while NOT turning into an egotistical asshole. This interview is such an inspiration and I'm very thankful for you conducting it and posting it.🙏🏾✌🏾
Please do a part 2! It's always helpful to listen to Grittani and you are great at asking the right questions and listening to your guests. Keep it up!
I really like the part when Tim says he wasn't relying on the process as much while testing certain set ups. He found himself not trusting the data and started to watch every-single-tick-on-the-chart and I definitely find myself doing that. He gets out of his position after only being in the trade for 2 minutes because he's not comfortable with the size/risk/loss etc. I think myself as a newer trader finds this not only relieving but interesting to hear that even an expert trader such as Tim, still has these emotional moments that EVERY trader, regardless of their skill, goes through. Like Tim says, trust the process...
Yeah man that can be bad to your account and tbh I was there too at the beginning and sometimes fall back into it. We gotta be aware and focus on PROCESS OVER profits
Thanks bunch! The video is really informative. There are so many key takeaways and being able to hear from Tim Gittani is an absolute pleasure. Thanks a bunch brother for hosting the show!
You asked some really good questions. I think every trader has those problems, but not many people notice them as a problem so talking about them really helps process your own psychology.
Totally agree about listening to others, even great traders. Keep trade logs, learn from your failures, and follow your own plan. I've had many times where I was up the day but then heard someone on trade chat (Trader TV live, Investors Underground, etc.) that drew my attention to something that I had not had a plan for and I ended up losing everything I gained. The value that you can seek to gain from others is not following their trades but reverse engineering them and seeing why they do what they do. Don't blindly follow others. Watch what they do, learn from it, and develop a system that works for you and trade that.
- tim grittani for overextended gapdown use to go in and out within 30mins, but now looking at fundamentals to help swing it under next green day - buys multiday b/os - checking intraday/ afternoon hod breaks that held consol of 45mins or more (scan and study on thinkorswim) then sort by mkt cap. cut off was 100M mkt cap. what the mkt cap was at time of b/o? data driven statistical approach to find an edge - you got here because the process works. so stick with it. - entering a trade, look at your size, how much you're willing to risk, your stop limit. think risk first. how much you'll lose rather than how much you want to make. if you think how much you'll make, you end up sizing too big to make it faster and not good risk/ reward ratio. risk management - people kill their accounts by 1. black swan that takes your account 2. overtrading and slowly bleeding out learn to cut losses. set a stop and stick to it personality affects how each person trades - track everything, your own results. where do you succeed, where do you fail? - extreme patience, it doens't happen fast - still goes for first red days, bounces, big extended parabolics, multiday b/os risk off closest significant intraday support (b/os: crazy, volatile stock, (doesn't really look at fundamentals), usually fundamentals really bad so many people shorting it, lower mkt cap b/os, nothing so dilutive - loss = blame yourself not others.
I have made a lot of money and have made big losses. It is really comforting and reassuring to hear that you and other very successful traders have the same issues. I love trading and the opportunity of it, but have considered maybe I should throw in the towel a few times so I don't lose what I have gained. This reminds me to go back to basics and focus on what you're risking more than what you can make. Thanks for what you're doing and the insight you are providing.
Really liked this interview man, good to see that youre getting some cool guests on the show. I first saw you on the SteadyTrade podcast so when I saw this video I knew I had to watch it. I really like what Tim was saying about the long setups hes looking at, its similar to what Im trying and I think knowing to look for consolidation should help out when looking for plays. And listening to you guys talk about the psychology of being in a trade lets me know that what Im going through is normal, and something that I need to adjust to. My very first trade I went too big on the amount of shares, and as soon as I bought I froze because I wasnt comfortable at all lol. Paper trading sure cant prepare you for that feeling of watching real money move. Subbed, mad respect for your channel!
Thank you for the sub and comment. I love Tim G, and by the way, all my guest are cool :). Love all the guests, trust me you will find value in each of the episodes. Either way, Thank you very much and happy to have you part of the team
loved how he talked about the hurdles he faced .. seems like a lot was around being patient disciplined and not over trading ... huh ... exactly my vices .. it's 10:44am .. up$ 618 today and I'm done $ 1100 for the week and have been shutting my platfrom down by 11am ... to avoid the urge to keep trading ... it's helping me A LOT!.... thanks again Alex !!
Funny thing i ve learned about daytrading pennystocks is the more you learn the less you actually know. What i mean by that is when you study more and more u r realizing how much you still dont know. So my advice for novice traders would be study at least for 6 months and then think again about taking a loan because this shit is hard :D
Kristián Novický never take a loan lol. But I would say you need to be prepared to study for a long time. I definitely agree with that. Thanks for the comment. And for watching.
Took me 5 days to figure out most of it 🤷♂️ The problem with penny stocks is you have to bet like $1500 to make $120 Or $4500 to pick up about $400 or so. Good news is I found out how to scalp 7-10% several times a day every 3 days or so.....the badnews is you need like $10,000 to make like $750 but its possible 👈
@@jeremyscorpio4170 ??? false infomation. That just means your risk to reward ratio is horrendous. 5 days to learn trading is like saying it takes only 5 days to learn chess and become a grandmaster... You're kinda way over your head buddy
@@thenewtechwiz well when it stops working ill let you know 👌 but getting into a popular penny stock, riding a short wave, & getting out hasent lost yet so when it does ill come back and re-evaluate this comment 😋
And you still need like $4,000 to pickup $250-400 on average. Anyways you could call it horrible risk to reward ratio but I think its the safest at least with the way I do it. There's probably better ways man, but ive been working on premarket & aftermarket strategies aswell as HOLDING a penny stock Friday BEFORE market close and selling it Monday at premarket/reg market open and that strategy has done well aswell 👍 I spent all of my quarantine learning stocks, options trading credit/debit spreads strategies 12 hrs a day 6-7 days a week ⬅️ so I know a little bit bro......js I found penny stock strategies that work for me without the need for complicated technical analysis chart voodoo 😂 I just side step all that complicated shit by finding a stock thats going to go up and get in first 💯
they key to this entire thing to me is you must cut out the BOREDOM trades and only trade 2 to 3 setups max and be okay with going days if not weeks without making a single trade and when you can finally do that maybe you can size up..
Yep, this was my issue when I first started until I start trusting my analysis more, I was able to hold trades longer and trade less which equaled more profit.. I’m fine trading 5 times a month.
I wonder if Tim would be willing to share the study/scan that his friend made for him on Think or swim? TOS is setup to make it easy to share those things. Great interview, by the way. Such a humble guy.
Thanks Alex for the great video. Very unique questions that could bring the best out of Tim. Nice groundwork on avoiding the most repetitive questions for Tim.
I liked the whole interview have 2 pages of notes just want to thank you for putting up so much good information,not trading yet still learning not in a rush to start,waiting until I have the right mindset and a great risk management strategy.
@@Xgeneralll I actually have 5 pages, one of the most important points Tim makes is to stop wondering what anyone thinks, this will influence your trading, also to be 100% honest with yourself and only put the blame on you for your actions. I would love to share it all with you, but there is another point he makes of LAZY mindsets. The best way for you to learn from this interview would be for you to take your own notes, maybe you will find something that you need to put more emphasis on to become more successful.
Thanks for this video. I could totally relate to “staying in your own head”. I just decided to leave a chat room I like yesterday because I was doing way too much FOMO and following. Need to focus on my plans and my strategies and my own watchlists based on my own due diligence. It will be interesting to review results after a month to see if this approach helps or hurts. I’m in it to win it! Refine refine refine. :)
I like what Tim said about trade the trash OTC's, just realize you are holding a grenade in your hand and it could blow up at any time. That whole catch the falling knife thing.
Great interview! Perspective, perspective, perspective-thank you Tim! Fellow traders, b on the stories that Alex is producing. Insightful, raw candor that always has keys to edges of the very best traders! Props!
I did not see this interview was already out! Watching one after the another.... Keep up the hard work, just finished Trading Tickers, amazing DVD but the most amazing part is Tim simplicity.
Always nice to hear from Tim G...Thanks for this... Like you said - He is a bit hard to stay up to date with...(and he is really one of the only ones I want to)!... Funny tho - He said his most "up to date" stuff is on his YT channel... but the last entry is from the 2018 summit - well over 1 year ago.... Ooops!...
I just found myself doing the same as a beginner trader, jumping fro 1 course to other trying to find a good strategy. What do you recommend to do in order to find and edge
As an Entrepreneur first and a Trader second, I think asking question and getting answers from people who already know is the best approach. It is not lazy when you consider that time is a human's enemy. Why waste time searching for answers when someone who can give it to you NOW is right in front of you? The wealthiest people have advisors to give them answers. They ask the best and the brightest people so they do NOT waste time searching and "figuring it out". That stated, there are people who have no desire to learn and want everything given to them. You must be able to distinguish the difference between the two. Great content.
Great video... Trading seems as if no matter where you are financially in trading, your always uncomfortable never smooth sailing...Always a mental challenge!!
Good job on the interview Alex. Enjoyed it. Tryed to learn some stuff from Tim as well. Def. a humble cool kat and a great trader. 1 note i took, was his top 3. Risk management (that was my #1 also), Start small, (did that, but can apply to trying new stuff as well) and TRACK trades. Something im not doing and would prob. be a game changer if i could pin point my edge statistically. ie: give me a ton of conviction, least on A+'s. Im a ludacris scalper though. 379 trades today. lol. Little more than usual. Generally 200 + or -. I did overtrade today though. But hey, edge is edge. Peace!
@@hwnwhaler1 Today was my most traded day in 6+ months. (i was supposed to actually change my style today. 737 fills. 10k shares of SPY. 13k MU shares. -55 on MU. - 30 on SPY. LOL. Made lost about 500. -38 on teh day. was +40. 2 trades. to -40 bout 8 trades. to green, small. flat, red green, big red -150. made it back to +70. back to -40. I got issues. LOL. Had a few big trades on the hook managed to ruin em per usual. like short SPY 200 at 455.25 @ 2:45pm. out or .10 or .20 cent profit. ouch.
@@hwnwhaler1 I can tell you this. If your gonna day trade. The Sweet spot is 15minute to 1hr hold. Period. No more. I want to go to 10-30min holds for winners. Losers cut fast if hit mental stop.
Hey man you’re doing really good work. Do you have any podcast where you asked this question, how to shift one’s psychology from trading P&L to chart trading and any solution in your videos, please let me know. Thanks.
Luis Chavez idk , many of my friends/traders I have also interviewed who are long bias still are making money. I think time will tell and that is when you adapt. Instead of thinking about what if. Play what is here. 😊
Hey man, I enjoy your podcast however.... you repeated the same questions as he answered them and focused on what you are clearly struggling with as a trader. I wish you got him to elaborate on his current stats tracking for that breakout setup and asked why he is looking at that and longs in general. There was SO many questions you could have asked but you kept repeating questions that we know you personally struggle with about your trading. It felt more like a PERSONAL tutoring class in trading psychology then an interview. Try to seperate yourself from your interviewees and it will allow better conversation. Just my 2 cents
Impressed by your comment before realizing you’re a female. Now I’m exceptionally impressed by your comment. Very exceptional female. Logical AND rational without typical emotional manipulation laced in. Cheers.
He still uses them. I actually did talk about this with him. I thought on the show too but sorry if I didn't make it clear for ya. But yes he does. He added a additional strategy though. Long setup
JediStockTrader I don’t know it in detail so wouldn’t do it justice by just giving you my thoughts. I’d suggest reaching out to him as he is super friendly.
@@BTheStory I very much appreciate the fact that you respond to these comments! Makes the viewers, or at least me, feel genuinely cared about and shows your desire to produce great content! I started trading around a month ago and I'm dedicating 8+ hours a day for the rest of summer before classes start up again to learning. I have never felt so passionate about learning something, and this interview was absolutely amazing. I also watched your extremely accurate pennystocking silver review, as I bought that, and your challenge review sounds very very reliable (Tim sykes stuff).
Man! Thank you so much for all of your interviews! I've been learning so much! I am curious though: You mentioned that as a short-seller, you can kinda tell when there's a lot of short sellers in a stock right now. Can you explain how you can tell that? Edit: Oof. Right after asking that question, you mentioned how you get annoyed by people who ask questions that can be googled. I just got burned by you from a year ago lol. Ouch. You got a valid point tho.
All big time traders agree that the first and most important step to start trading is risk management. Cut losses quick when the trade starts going against you. Fine :) The problem is: different traders have different opinions about hard stops. Some traders say never use hard stops, as market makers will hunt you and take you out. Meanwhile, other traders advocate in favor of hard stops ... broooo, I am confused on this topic!
@@BTheStory, out of curiosity. Have you ever experienced anything suspicious on your losses using hard stops? I think this could be a really nice topic for a video :) By the way, really good channel, bro. Congratts!
@@marcelohmotta Nope I haven't. I hear diff traders take each side lol so i think its all b/s but hey...at the end of the day its up to you to decide if you want to do hard stops or not. It helps me a ton
the idea of having no stop, to me, really increases your risk and goes against the axiom of focus on risk management. If you have no stop, and price shoots past your max risk level, you could be screwed if price doesn't really come back.
@@TInyK12 just to be clear: my comment was not about having no stop at all. It was about using hard stop vs mental stop. It goes without saying that you must know your max loss when entering the trade, and use it when price goes against you, regardless of the way you set your stop loss.
What is your favorite lesson or idea you learned from watching this interview? I love how no matter what level you are at, you will still face challenges.
What study materials do you recommend for day trading?
farid ahmad I personally love Tim Grittani is my favorite. Trading tickers. It’s an expensive DVD though
@@BTheStory what's included in the dvd and price?
farid ahmad go check brotha. Idk it’s been awhile. I don’t sell anything. I’m sure inflation things changed.
farid ahmad
Tim mentions this at 27:20 :)
most realistic Tim G interview I have ever seen, thank you for asking the real questions
Wow, bro I really appreciate this comment. I tried my best as I was so excited to interview him haha
Are you suggesting that Tim's not real in other interviews?
Tim G is an absolute G.O.A.T.!!! Not only because he's a GREAT trader, but because he's had the same demeanor from the first interview I saw him on, to this interview 10 mill later. If he's not a REAL guru, I dont know what one is. I can only hope to be like Tim G, with regards to his level of success financially while NOT turning into an egotistical asshole. This interview is such an inspiration and I'm very thankful for you conducting it and posting it.🙏🏾✌🏾
Amen to that
Please do a part 2! It's always helpful to listen to Grittani and you are great at asking the right questions and listening to your guests. Keep it up!
Thank you so much. If he will join me again then I'd be happy to. lol
Agreed! 👌
Tim seems like a super cool and down to earth guy. Wish the best for him.
Alec Hamid yea he’s cool 😎
I really like the part when Tim says he wasn't relying on the process as much while testing certain set ups. He found himself not trusting the data and started to watch every-single-tick-on-the-chart and I definitely find myself doing that. He gets out of his position after only being in the trade for 2 minutes because he's not comfortable with the size/risk/loss etc. I think myself as a newer trader finds this not only relieving but interesting to hear that even an expert trader such as Tim, still has these emotional moments that EVERY trader, regardless of their skill, goes through. Like Tim says, trust the process...
Yeah man that can be bad to your account and tbh I was there too at the beginning and sometimes fall back into it. We gotta be aware and focus on PROCESS OVER profits
Thanks bunch! The video is really informative. There are so many key takeaways and being able to hear from Tim Gittani is an absolute pleasure. Thanks a bunch brother for hosting the show!
Thank you Rishabh! Please remember to join the community in smashing the like button to help us grow the show =)
Tim is one humble guy. Great interview
Juliana Kulikovska yes he is. Thank you for listening.
You just got to love Tim Grittani. Great interview bro.
Gboyega Ahove thanks brotha 👍🏽
You asked some really good questions. I think every trader has those problems, but not many people notice them as a problem so talking about them really helps process your own psychology.
Ronifo Kamino thank you 🙏 . I appreciate your feedback and taking the time to listen 👂
authentic transparent trader we need more of that in this community
Alex you asked some really great questions in this interview. Thanks so much Tim and Alex.
The best trading role model. Thanks for interviewing him!
Maoz I believe so too. Thanks for listening.
Totally agree about listening to others, even great traders. Keep trade logs, learn from your failures, and follow your own plan. I've had many times where I was up the day but then heard someone on trade chat (Trader TV live, Investors Underground, etc.) that drew my attention to something that I had not had a plan for and I ended up losing everything I gained. The value that you can seek to gain from others is not following their trades but reverse engineering them and seeing why they do what they do. Don't blindly follow others. Watch what they do, learn from it, and develop a system that works for you and trade that.
- tim grittani for overextended gapdown use to go in and out within 30mins, but now looking at fundamentals to help swing it under next green day
- buys multiday b/os
- checking intraday/ afternoon hod breaks that held consol of 45mins or more (scan and study on thinkorswim) then sort by mkt cap. cut off was 100M mkt cap. what the mkt cap was at time of b/o? data driven statistical approach to find an edge
- you got here because the process works. so stick with it.
- entering a trade, look at your size, how much you're willing to risk, your stop limit. think risk first. how much you'll lose rather than how much you want to make. if you think how much you'll make, you end up sizing too big to make it faster and not good risk/ reward ratio.
risk management
- people kill their accounts by
1. black swan that takes your account
2. overtrading and slowly bleeding out
learn to cut losses. set a stop and stick to it
personality affects how each person trades
- track everything, your own results. where do you succeed, where do you fail?
- extreme patience, it doens't happen fast
- still goes for first red days, bounces, big extended parabolics, multiday b/os risk off closest significant intraday support
(b/os: crazy, volatile stock, (doesn't really look at fundamentals), usually fundamentals really bad so many people shorting it, lower mkt cap b/os, nothing so dilutive
- loss = blame yourself not others.
I have made a lot of money and have made big losses. It is really comforting and reassuring to hear that you and other very successful traders have the same issues. I love trading and the opportunity of it, but have considered maybe I should throw in the towel a few times so I don't lose what I have gained. This reminds me to go back to basics and focus on what you're risking more than what you can make.
Thanks for what you're doing and the insight you are providing.
Just subscribes because I love the vibes! Looking forward to watch your videos man. Keep sharing the wealth my man. #knowledgeispower
great interview. Grittani is truly inspiring not necessarily bc of his success but his humility. I wish more people would imitate his character.
Jason Kim yes bro my favorite for sure. He is a great dude.
I love listening to real trader interviews. Great stuff! Thx!
thx!
@@BTheStory NP. I added about 10 other videos to my watchlist. 😄
Solid Work Alex, your interviewing so many great traders and here with the formidable Mr. Grittani, spectacular.
Really liked this interview man, good to see that youre getting some cool guests on the show. I first saw you on the SteadyTrade podcast so when I saw this video I knew I had to watch it. I really like what Tim was saying about the long setups hes looking at, its similar to what Im trying and I think knowing to look for consolidation should help out when looking for plays. And listening to you guys talk about the psychology of being in a trade lets me know that what Im going through is normal, and something that I need to adjust to. My very first trade I went too big on the amount of shares, and as soon as I bought I froze because I wasnt comfortable at all lol. Paper trading sure cant prepare you for that feeling of watching real money move.
Subbed, mad respect for your channel!
Thank you for the sub and comment. I love Tim G, and by the way, all my guest are cool :). Love all the guests, trust me you will find value in each of the episodes. Either way, Thank you very much and happy to have you part of the team
loved how he talked about the hurdles he faced .. seems like a lot was around being patient disciplined and not over trading ... huh ... exactly my vices .. it's 10:44am .. up$ 618 today and I'm done $ 1100 for the week and have been shutting my platfrom down by 11am ... to avoid the urge to keep trading ... it's helping me A LOT!.... thanks again Alex !!
thank you too brotha for continually coming back! Please 😇 join the community in smashing the like button to help us grow the show 😇
3:30, 5:34, 7:45, 9:25, 10:00, 11:10(gold), 13:10, 13:44(gold), 14:46(gold), 16:02, 16:10, 19:06(gold), 19:50, 20:13, 20:50, 22:50, 24:47, 26:52, 31:10
Funny thing i ve learned about daytrading pennystocks is the more you learn the less you actually know. What i mean by that is when you study more and more u r realizing how much you still dont know. So my advice for novice traders would be study at least for 6 months and then think again about taking a loan because this shit is hard :D
Kristián Novický never take a loan lol. But I would say you need to be prepared to study for a long time. I definitely agree with that. Thanks for the comment. And for watching.
Took me 5 days to figure out most of it 🤷♂️
The problem with penny stocks is you have to bet like $1500 to make $120
Or $4500 to pick up about $400 or so.
Good news is I found out how to scalp 7-10% several times a day every 3 days or so.....the badnews is you need like $10,000 to make like $750 but its possible 👈
@@jeremyscorpio4170 ??? false infomation. That just means your risk to reward ratio is horrendous. 5 days to learn trading is like saying it takes only 5 days to learn chess and become a grandmaster... You're kinda way over your head buddy
@@thenewtechwiz well when it stops working ill let you know 👌 but getting into a popular penny stock, riding a short wave, & getting out hasent lost yet so when it does ill come back and re-evaluate this comment 😋
And you still need like $4,000 to pickup $250-400 on average. Anyways you could call it horrible risk to reward ratio but I think its the safest at least with the way I do it.
There's probably better ways man, but ive been working on premarket & aftermarket strategies aswell as HOLDING a penny stock Friday BEFORE market close and selling it Monday at premarket/reg market open and that strategy has done well aswell 👍
I spent all of my quarantine learning stocks, options trading credit/debit spreads strategies 12 hrs a day 6-7 days a week ⬅️ so I know a little bit bro......js
I found penny stock strategies that work for me without the need for complicated technical analysis chart voodoo 😂
I just side step all that complicated shit by finding a stock thats going to go up and get in first 💯
they key to this entire thing to me is you must cut out the BOREDOM trades and only trade 2 to 3 setups max and be okay with going days if not weeks without making a single trade and when you can finally do that maybe you can size up..
The Okie Trader yes sir. That helped me a ton when I first found my consistency.
Yep, this was my issue when I first started until I start trusting my analysis more, I was able to hold trades longer and trade less which equaled more profit.. I’m fine trading 5 times a month.
You do THE Best Interviews. Keep it up . Had to Re-Watch it
I wonder if Tim would be willing to share the study/scan that his friend made for him on Think or swim? TOS is setup to make it easy to share those things. Great interview, by the way. Such a humble guy.
thx!
Thanks Alex for the great video. Very unique questions that could bring the best out of Tim. Nice groundwork on avoiding the most repetitive questions for Tim.
Thank you brotha, I really appreciate your comment there. I was hoping to bring new value :)
Love ur interviews keep it coming man!! One of the best interviewers ive seen.
Glad you liked it Masa!
Just two dudes talking ticker talk and I love it!
Love iT!
Welp, this is about the 1000th TG interview I've watched lol. You came prepared with some great questions Alex. Can't wait for the next one!
Stevie Drums thanks brotha! That means a lot. It’s very organic so hope you enjoyed that format.
I liked the whole interview have 2 pages of notes just want to thank you for putting up so much good information,not trading yet still learning not in a rush to start,waiting until I have the right mindset and a great risk management strategy.
thx!!!
could you share these notes? would be great.
@@Xgeneralll I actually have 5 pages, one of the most important points Tim makes is to stop wondering what anyone thinks, this will influence your trading, also to be 100% honest with yourself and only put the blame on you for your actions. I would love to share it all with you, but there is another point he makes of LAZY mindsets. The best way for you to learn from this interview would be for you to take your own notes, maybe you will find something that you need to put more emphasis on to become more successful.
Blinders helped me be more profitable with my trading as well. Great interview.
Thanks for this video. I could totally relate to “staying in your own head”. I just decided to leave a chat room I like yesterday because I was doing way too much FOMO and following. Need to focus on my plans and my strategies and my own watchlists based on my own due diligence. It will be interesting to review results after a month to see if this approach helps or hurts. I’m in it to win it! Refine refine refine. :)
I bet you will start to feel REFREShed after about a week or two of being solo trading.
I think a trading group is a great idea haven't been in one for years. But when we had ours it was very effective. Great interview
Thanks. This helps and opens my mind a lot cuz I can relate to Tim so much.
Shalvee Jodagee good stuff man. Thanks for watching
Really enjoying your channel so glad I found it! Keep up the good work 👍👏
Thank you Miriam, i'm really glad to hear your enjoying it. please remember to hit the like button in joining us to help grow the show :-)
Alex, I haven't seen you strike out on an interview yet. Another great job here, thx. And Tim's share is just great of course.
thank you! lol, i'm sure I have many times. have you seen the old ones XD
I need to narrow my strategy. Find a niche pattern or 2. Trading Tickers is my favorite DVD too! Great interview Alex and Tim!
Thanks. Yes you must. That’s how I became consistent.
@Timothy Tracy Thanks man for sharing, i think this is one way to do it for sure.
I like what Tim said about trade the trash OTC's, just realize you are holding a grenade in your hand and it could blow up at any time. That whole catch the falling knife thing.
Eric Oden 💥
Tim keeps it real a honest. I like this guy
Yes he does. Thanks for watching it
Can you explain the difference between trading the OTC markets and NASDAQ for example. What are the benefits?
Sure future video :)
Great interview! Perspective, perspective, perspective-thank you Tim! Fellow traders, b on the stories that Alex is producing. Insightful, raw candor that always has keys to edges of the very best traders! Props!
Thank you Doug, I appreciate that brotha
Awesome Video for Experienced Trader. Broaden trading horizon and knowing where to self-improve in future
Tristan Jace thanks man. I appreciate you watching it
Awesome interview.
Tim Grittani, looking up to you man! Thanks for keeping it real.
Thanks for watching Kesavan! please join the community in hitting the like button to help us grow the show together :-)
I did not see this interview was already out! Watching one after the another.... Keep up the hard work, just finished Trading Tickers, amazing DVD but the most amazing part is Tim simplicity.
Luttita yea man came out awhile back. Thank you for watching. Best DVD in my opinion.
You motivate me to smile more it just makes your vids amazing.
thx!
Hard to beat Tim is pure class great interview
Thanks for watching
Always nice to hear from Tim G...Thanks for this... Like you said - He is a bit hard to stay up to date with...(and he is really one of the only ones I want to)!... Funny tho - He said his most "up to date" stuff is on his YT channel... but the last entry is from the 2018 summit - well over 1 year ago.... Ooops!...
Hehe yea. I’ll keep him up to date. 😏
Yessssss! great vid, great interview. loved every minute. didnt want it to end.
Thank you so much for the kind words. I appreciate it
I just found myself doing the same as a beginner trader, jumping fro 1 course to other trying to find a good strategy. What do you recommend to do in order to find and edge
As an Entrepreneur first and a Trader second, I think asking question and getting answers from people who already know is the best approach. It is not lazy when you consider that time is a human's enemy. Why waste time searching for answers when someone who can give it to you NOW is right in front of you? The wealthiest people have advisors to give them answers. They ask the best and the brightest people so they do NOT waste time searching and "figuring it out". That stated, there are people who have no desire to learn and want everything given to them. You must be able to distinguish the difference between the two. Great content.
I love your channel! Thank you!
Great video... Trading seems as if no matter where you are financially in trading, your always uncomfortable never smooth sailing...Always a mental challenge!!
Yeah, I noticed the same thing. It is great to see because we will always have the thrill of the challenge
Lot of really good info in this videos, thanks so much!!
For sure. No worries. Thank you
Thank You for this interview. I think I just found what i needed.
Awesome, what did you find?
Good job on the interview Alex. Enjoyed it. Tryed to learn some stuff from Tim as well. Def. a humble cool kat and a great trader. 1 note i took, was his top 3. Risk management (that was my #1 also), Start small, (did that, but can apply to trying new stuff as well) and TRACK trades. Something im not doing and would prob. be a game changer if i could pin point my edge statistically. ie: give me a ton of conviction, least on A+'s. Im a ludacris scalper though. 379 trades today. lol. Little more than usual. Generally 200 + or -. I did overtrade today though. But hey, edge is edge. Peace!
Thanks Fox for watching
What do you scalp to get those numbers?
@@hwnwhaler1 Today was my most traded day in 6+ months. (i was supposed to actually change my style today. 737 fills. 10k shares of SPY. 13k MU shares. -55 on MU. - 30 on SPY. LOL. Made lost about 500. -38 on teh day. was +40. 2 trades. to -40 bout 8 trades. to green, small. flat, red green, big red -150. made it back to +70. back to -40. I got issues. LOL. Had a few big trades on the hook managed to ruin em per usual. like short SPY 200 at 455.25 @ 2:45pm. out or .10 or .20 cent profit. ouch.
@@hwnwhaler1 I can tell you this. If your gonna day trade. The Sweet spot is 15minute to 1hr hold. Period. No more. I want to go to 10-30min holds for winners. Losers cut fast if hit mental stop.
Hey man you’re doing really good work. Do you have any podcast where you asked this question, how to shift one’s psychology from trading P&L to chart trading and any solution in your videos, please let me know. Thanks.
I talk about this a lot. You must be new. Thanks for coming here and watching. Be sure to check out more and you’ll find it brotha trust 🙏
The GOAT of trading!!
Yes one of them :)
Love this interview. Thank you!
Absolutely my friend. I hope you enjoy it
Great, great interview! Keep it going like that!
jeckyjow thank you 🙏 I’m working on several more
What an awesome interview!!
Thanks brotha
Good info in this, but do you think long setups will change if we enter into a recession?
Luis Chavez idk , many of my friends/traders I have also interviewed who are long bias still are making money. I think time will tell and that is when you adapt. Instead of thinking about what if. Play what is here. 😊
You saw the future!
23:30 multi day breakout
>RISK MANAGEMENT< thx for another great interview
Yes no problem. Thanks for checking it out
what platform did Tim start with?
Nice questions dude. I can see your skills showing.
FASTDOUNUT TV thanks brotha
Great interview! Lots of valuable content
Awesome brotha glad you enjoyed it
Hey man, I enjoy your podcast however.... you repeated the same questions as he answered them and focused on what you are clearly struggling with as a trader. I wish you got him to elaborate on his current stats tracking for that breakout setup and asked why he is looking at that and longs in general.
There was SO many questions you could have asked but you kept repeating questions that we know you personally struggle with about your trading. It felt more like a PERSONAL tutoring class in trading psychology then an interview. Try to seperate yourself from your interviewees and it will allow better conversation.
Just my 2 cents
Thanks :) I appreciate it
Impressed by your comment before realizing you’re a female.
Now I’m exceptionally impressed by your comment.
Very exceptional female. Logical AND rational without typical emotional manipulation laced in.
Cheers.
Do you know any good yourtube videos about trading cryptos
Fantastic interview, great insight into Tim Gritanni’s trading mind set.
Ricardo Castro 🙏 Thanks for watching
Another good one B!
We are working hard! Thank you brotha
How could you know what is going on today in the markets and say that fundamentals are still relevant?
Thanks for watching and sharing your thoughts
Tim is the 🐐
Yup!
Love this!! Thank you , thank you 🙏
Love the personal feel you bring to the interview. Love the questions you ask and are anyways relatable for me👍 love the flow
@@christopherwic236 man thank you for watching and for the nice comment brotha
Great interview, thank you both! 😊
Of course man. No problem
It's great to hear other people making the same mistakes as me.
What kind of a broker does Tim uses?....is he with a premium broker like Cobra, CenterPoint, etc…or the more common ones like E*TRADE, TD?
Idk 🤷♂️ thanks for watching.
Can you ask Tim if he's still using the patterns from his dvd or those patterns are outdated?
He still uses them. I actually did talk about this with him. I thought on the show too but sorry if I didn't make it clear for ya. But yes he does. He added a additional strategy though. Long setup
@@BTheStory What is the long set up if you dont mind? Im New...
JediStockTrader I don’t know it in detail so wouldn’t do it justice by just giving you my thoughts. I’d suggest reaching out to him as he is super friendly.
This is great man ❤️ thanks
Amazing interviewee and interviewer!
Thanks man I appreciate it and appreciate you taking the time to watch
@@BTheStory I very much appreciate the fact that you respond to these comments! Makes the viewers, or at least me, feel genuinely cared about and shows your desire to produce great content! I started trading around a month ago and I'm dedicating 8+ hours a day for the rest of summer before classes start up again to learning. I have never felt so passionate about learning something, and this interview was absolutely amazing. I also watched your extremely accurate pennystocking silver review, as I bought that, and your challenge review sounds very very reliable (Tim sykes stuff).
Tyler nice man thank you and yes I want to help. Glad the reviews did that. Stay with me! More to come! I’m trying to get on the grind soon
@@BTheStory Yes, thank you. I'll be around.
@38:00 I couldn’t stop dying laughing for an hour straight cause it’s so true😂😂😂👍💯💯💯
I’m still laughing🤣🤣🤣
Hahaha.
The host look like ANT character lol huge eyes and big smile
Great video thank you
Thank you for watching and sorry for delay
nice interview bro!!
Thank you brotha
I cant find the link to Tims DVD... Any way you can drop it here pls?
Just go to profit.ly i believe.
What I don't know yet, is if making $1K a day is enough or do I need to do better? I feel like I could do better, but don't know if that's pushing it.
That was great thanks!
Yea Aaron, thank you 2
Markets opening soon but will give a watch afterwords!
I'll hold you to it, my friend! Be sure to let me know what you liked best when you return.
Great interview!
bastian heekmann thank you and thanks for watching
great interview! thanks!
absolutely! thank you 2
@@BTheStory if you have the chance it would be great to see a review of Dux's Freedom challenge from one of his students
@@user-cx1pl7jc8m yeah man thanks for suggestion. busy busy busy. : ) But i will bring that series back in future for sure! people njoyed it
AMAZING STUFF!!!!!...
Also a student of Tim Grittani.
Yeah great guy
Hi, where do I find Tim’s DVD? Thanks!!
Google
@@BTheStory
Is the name, “Trading Tickers”?
Thanks
what Tim was tlakn about at the start, the same happening to me. I dont have a stble envirnment
Thanks for watching
Man! Thank you so much for all of your interviews! I've been learning so much! I am curious though: You mentioned that as a short-seller, you can kinda tell when there's a lot of short sellers in a stock right now. Can you explain how you can tell that? Edit: Oof. Right after asking that question, you mentioned how you get annoyed by people who ask questions that can be googled. I just got burned by you from a year ago lol. Ouch. You got a valid point tho.
Haha thanks man. That’s such a long answer that I can’t type. It’s more of a discussion. Maybe future video
@@BTheStory Sounds good, man! You're doing us all a great service by making these videos. I'll be waiting!
All big time traders agree that the first and most important step to start trading is risk management. Cut losses quick when the trade starts going against you. Fine :) The problem is: different traders have different opinions about hard stops. Some traders say never use hard stops, as market makers will hunt you and take you out. Meanwhile, other traders advocate in favor of hard stops ... broooo, I am confused on this topic!
Marcelo Motta I love hard stops period.
@@BTheStory, out of curiosity. Have you ever experienced anything suspicious on your losses using hard stops? I think this could be a really nice topic for a video :) By the way, really good channel, bro. Congratts!
@@marcelohmotta Nope I haven't. I hear diff traders take each side lol so i think its all b/s but hey...at the end of the day its up to you to decide if you want to do hard stops or not. It helps me a ton
the idea of having no stop, to me, really increases your risk and goes against the axiom of focus on risk management. If you have no stop, and price shoots past your max risk level, you could be screwed if price doesn't really come back.
@@TInyK12 just to be clear: my comment was not about having no stop at all. It was about using hard stop vs mental stop. It goes without saying that you must know your max loss when entering the trade, and use it when price goes against you, regardless of the way you set your stop loss.
10:40 he only trades ABOVE 100 million mkt cap right? not below right, that would be minuscule cap
This was a good interview
Arnaldo thanks man.
Keep rocking
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