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Stock Trading Strategy: How I Made $3,000+ In My Longer Term Account Yesterday

249 ratings | 11877 views
I had a great play for my http://tim.ly/timlong longer-term subscribers yesterday and took profits a little too safely as the stock is up another 60 cents/share, congrats to all of my http://tim.ly/timlong longer-term subscribers Here's the summary of my Stock Trading Strategy 0:11 Sometimes I have trades that are intraday, and other times I have long-term stock trades. What's most important is assessing risk versus reward on my trades. 0:55 If you have doubts, you can get out! Don't be so narrow-minded about your stock trading strategies. 1:17 I want to react to what happens quickly 1:55 The key to success was sticking with the trade and adding on dips 2:19 I play my longer-term stock trades much different than my short term account. 3:20 This was an excellent acquisition, not sure about the long-term potential of the company, but it's great for trading stocks 4:19 Sometimes a stock will spike for absolutely no reason, sometimes nothing will happen 5:54 Trying to predict what management will say at a conference is not a great strategy 6:10 Stock trading is all about patience. I was patient, so it played out well for me 7:47 Overall the stock market is surging as a whole, and it felt like no one was noticing it 9:57 Congrats to my long-term newsletter subscribers. Taking profits is good! Subscribe here to get INSTANT alerts when I post a new video outlining my penny stock trading techniques: https://www.youtube.com/subscription_center?add_user=timothysykesdotcom
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Text Comments (57)
viliam nassar (2 months ago)
Its good to take profits
Evade Orbit (5 months ago)
Thank you tim. for this is one of my biggest issues i have it always is good to go back and study thanks.
Roy N Barlow (1 year ago)
It's good to take profits. I mean, why would I be in the trading game in the first place if it wasn't to take profits?
chad connors (1 year ago)
It's good to take profits!
Zafra Jr (1 year ago)
It's good to take profits
YoItsLemonBoy! (1 year ago)
thought u didnt do long term. huh surprising
Lorenzo Luiz De Souza (1 year ago)
Tim I thought you don't trade based on acquisitions... Is this different compared with your short term strategy?
Uncle Bans (1 year ago)
Thank you
Channel X (1 year ago)
what program do you use to trade ?
Peter Rodriguez (1 year ago)
It’s good to make profits. Thanks for the info 👌🏻👌🏻👌🏻
PMendozaR (1 year ago)
IT IS GOOD TO TAKE PROFITS.
orapronobis (1 year ago)
Very valuable information and analysis...keep up the good work.
NeedlezX (1 year ago)
It’s good to take profits.😊
Jeffrey Ly (1 year ago)
It's good to take profits!!
medicalmarijuana4all (1 year ago)
Blah blah
Joe19 (1 year ago)
It’s good to take profits 🤨
Jace Campbell (1 year ago)
better buy back in
Chris M (1 year ago)
Absolutely amazing, I swear Tim sees the future. Just an unreal trader. No one can do what he does.
Deontia Andrews (1 year ago)
Good to take profits
destin stults (1 year ago)
its good to take profits.
jeanine davis (1 year ago)
It's good to take profits. How on earth do you feel like you're not a hamster spinning in circles? How do you keep up with the news? There are so many options. How do you narrow them down w/o being overwhelmed?
Lorenzo Luiz De Souza (10 months ago)
Usually Tim student, Tim Grittani, if he gets lazy he just trade based on the pattern alone. If not then they have this software called stockstotrade. The app summarizes all press releases, announcement, and etc for them. Other then that, just spam click all the top gainers% from small cap stocks/penny stocks and just look around for any kinds of patterns you're familiar with :)
Adem Ozirmak (1 year ago)
IT’S GREAT TO TAKE PROFITS, ALWAYS!! This was one of my favourite videos Timothy I learnt a lot! Particularly about the time frames of the stocks you hold. I had no idea 1 month is pretty much one of the longest holds you’ve had in years!! :O  Thank you, from your indirect student and fan from Sydney, Australia 🇦🇺 We should seriously link on social media since we’ve bantered several times through YouTube, email and Facebook! ;) Always a pleasure looking forward to your next value giving lesson!
Yip Family (1 year ago)
It's okay to take profit
aj ajj (1 year ago)
It's good to take profits !
Zach Dems (1 year ago)
i was told to never buy again, meaning lower than your first purchase
Lorenzo Luiz De Souza (10 months ago)
This is a longer-term chart with different approaches. He is averaging down his trade.
13mrbolivar (1 year ago)
It’s good to take profits.
S O (1 year ago)
Its good to take profits.
lizz22441 (7 months ago)
חגוניחכיגחחכחחחחיכיכיכחןכחכחחכחחלחםכחכחכחחכןגלח😋😙😙😙😙😙😎😥🤔😗
Ava Lit (1 year ago)
It's good to take profits.
Shaun Hewett (1 year ago)
"it's good to take profits..lol"
Andrew VanNess (1 year ago)
I made more money than Tim Sykes this year from trading, VERY proud of myself. Everyone around me, their lives have changed. Thanks for such great trading advice this year Timmy, I am grateful of you! Edit: Netflix stock up due to Netflix and Chill
asher sarkisyants (1 year ago)
Guys check out lxrp crazy great risk reward
dash marlowe (1 year ago)
Wow, that two month chart is impressive.
Anzelle Whitsett (1 year ago)
It’s good to take profits. The backers of the stock that you’re watching comes from some of the authors of the movie The Secret by Rhonda Byrne. Probably not a big deal but that’s why they have a huge subscription following. Good video thank you
Yari J (1 year ago)
purchased and studied your videos for a year and just started trading cryptos instead a month ago. I have applied everything I have learned from you and my gains are remarkable. Thank you Tim.
Yari J (1 year ago)
i didnt have the 10k to hold IB account (CAN) so I invested in cryptos to try to get to 15k. I have far exceeded that in under a month so I'm going to stick with this and perhaps finally open an IB account soon
Mohamed Alowisi (1 year ago)
why didnt you continue trading pennny stocks? if you truly have studied for a year like u claim u can already make thousands mate?
1786 Vlogs (1 year ago)
Buy HIVE Blockchain, first public company to mine for profit, mines ETH.
BroodjeKroket (1 year ago)
And as the ETH network is switching to Proof of Stake next year, it's gonna be a short lived venture I'm guessing
ugo ibe (1 year ago)
Tim lovely video. Do you trade NSDQ or OTC stocks
Labarron Kennedy (1 year ago)
It's good to take profits
Igor pro Trading (1 year ago)
Timothy, do you trade bitcoin?
Houda Jawad (1 year ago)
It’s good to take profits
Trade Score (1 year ago)
It is good to take profits.
super brutus (1 year ago)
it is good to take profits
ray oriley (1 year ago)
Good to take profits
2K Doctor (1 year ago)
GLBR had a 50% drop
2K Doctor (1 year ago)
Wow i called put GLBR and it exploded and Im only 14 so I dont have enough confidence or experience to do that but I think Im going to buy it next time.
Scuba Steve (1 year ago)
When you're first getting started what's the best place to set up a trading account? (I'm new to this, but am very interested in this) I've googled some of this and found things like Etrade and TD ameritrade, but I'm not sure if ones better than the other. Anyways, I've been waging Tim's videos in and off for about 2-3 weeks. They're very informative. Thanks for taking the time to do this Tim!
1786 Vlogs (1 year ago)
Scuba Steve Buy HIVE Blockchain, first public company to mine for profit, mines ETH.
abdi abdi (1 year ago)
It's good to take profits.
J Robert1 (1 year ago)
Motivational entertainment is definitely a business sykes, think about Gary v, tony Robbins, Cardone. That's a whole business model for them. I think ppl are sleeping on it.
WatchDogs1991 (1 year ago)
is good to take profits
JachPriboi (1 year ago)
first
JachPriboi (1 year ago)
nice video mate

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