3 (INSANELY SIMPLE) Trading Tips from Penny Stock Millionaire Steven Dux

[@medelpasand]

Solid ! 1- Cut losses quick 2- Don't trade with emotion . DO not PUSH it when there is no opportunity 3- Study hard and learn from Gurus. Excellent tips

[@xaapt]

there is nothing new under the sun

[@DubTenProductions]

Here is my favorite Sykes quote of all time: "Yea Dux made $900k in one year but you also have to keep in mind that he is completely insane"

[@diamondape9903]

DubTenProductions what do you mean

[@boreneoman7728]

he has a pattern that made him able to put 80% of risk.. yes he is crazy..

[@LoKo-ti6vm]

I can tell, he strongly applies pressure

[@stocktraderjack]

Hahaha, sounds like a Sykes line

[@eduardoflores5705]

link?

[@tonyspilatro4910]

Thanks Tim, I might not be your next millionaire student, but I will be one for sure

[@devonmaple9369]

It's been 3 years, are you a millionaire yet?

[@bijanzand8579]

@@devonmaple9369 didn't saw an interview

[@steverychetsky2310]

Loved this interview and thanks for putting it on. I'm starting to trade and it is tough trying to see the patterns and then try to purchase with another program. Also the time difference here on the West Coast also puts an additional burden. Stocks to Trade has crashed 3-5 minutes before the Market opened today and last Friday which FU'ed hours of planning and my plan which killed my chance to make $. Three trade rule also puts a damper on moving up fast when starting with $2,000. Need move videos on overnight trading to overcome this rule. Thanks Tim.

[@Xinkgs]

Thank You Duxinator and Sykes for another great interview. I promise i will study everyday to be prepared for when my opportunities come.

[@bigbearwix1975]

This makes sense. Cool part is that even on my own I've recognized the markets play on your emotions and I've overcome this. It is the one rule that I really didn't expect to happen and they do this by design and they do this well. I don't use indicators, HOWEVER I have used VWAP. Give me a gimme on that one. I've NEVER once placed a stop loss because from the very first video (How To Make Millions) Tim explains that the makers can see that stop loss and they will drop or raise to take a cluster of these. Cut losses quickly....in 2017 I didn't even know who the hell Tim Sykes was and I payed a substantial tuition to the market makers because I had hope. Hope is a bad strategy for one, but its not a strategy AT ALL and I held and it ALL tanked. I am a machine now. I don't close my eyes, but I think I'll close one as a tribute to Steven. I will not see a three or four figure loss with a small account. I am placing these notes to keep reinforcing these two rules because these are MONSTER keys that will take you out. These notes are for my continued education and for those driven to see success. If you see 20% loss on a small account cut it. You did something wrong and it's OK. Learn what you did wrong and try again. You WILL fail again and that's OK...Keep it small, keep it simple. Educate and Replicate. Don't give up....EVER

[@sooutstanding31]

Do you recommend the how to make million DVD? And did you buy any other dvd?

[@bigbearwix1975]

I can only provide perspective based on my personal experience. I'm a very skeptical person and a realist. I expect the worst out of the internet and people. I began listening to Tim Sykes based on verifiable facts. I began to improve by watching his free content over 11 months around an hour per day (To be fair and transparent Tim Bohen and SteadyTrade Podcast should be included. I am about 3.5 days into making a true investment into my education with Tim Sykes. He and his top students are now my mentors. I cannot recommend a single product because I invested in ALL of his products including his top students....I have to get back to studying so I don't become a trading statistic.

[@juniorgarcia7979]

Then made 110k the next day, this dude is a beast .

[@FrozenDoberman]

Small position size is important. I use 5% for smaller caps and 10% of total available trading capital for larger caps. If the stock starts to fall more than 7 to 10% after purchase, it is sold. No emotional loyalty to any stock. No averaging down. No FOMO buying for excessively extended stocks high above their EMAs. Patience is required when scanning or manually looking through the stock universe (e.g. S&P 500). The printed trading plan is always on the desk for determining the checklist criteria required before buying a stock.

[@hobbies222]

My biggest problem I fail at cutting lost when I buy I think long term trading

[@Dataisthetruth]

Cyberworld 7 - Stock Market Investing some stocks are meant to hold though. Prices will drop. The question is do you feel comfortable holding on to it. I am down 600 bucks on a stock but if I hold it, I know I can make a profit, as I see what the pattern is.

[@hobbies222]

I made myself a multi millionaire of holding Aurora cannabis long term I have been making video about the company for almost 9 months now I have a KZbin channel check it out if you have free time

[@insurancecasino5790]

That is just part of the problems. If your platform freezes or lags at the wrong time, it will literally end your career in minutes. No joke. So be very careful, especially with Thinkorswim. Good luck.

[@drewgibson4233]

I do a 3 to 1 ratio to play it safe. Don't be afraid to cut losses you can always trade another day.

[@aldig3935]

If you buy thinking short term dont messed it up,ff ur plan.

[@lockedog3000]

I can learn a lot from this. Starting at $2000 and grow that account to $5000. Be patient, learn the patterns, know when to cut loss. I need to take action on this.

[@TimothySykesTrader]

Yup, study my tim.ly/htmmguide ASAP

[@lockedog3000]

Timothy Sykes thanks Tim. I been studying for a month on building my mind set to learn about being a day trade. I remember learning K.I.S.S. That got stuck in my mind. I've been learning. Your challenge is expensive. But I know you are looking for people that are go through the course and be successful.

[@rommelcruzsager]

Would you say 2000 is enough?

[@codyfrazier731]

OMG!!!! IM SORRY BUT I WOULDNT BE ABLE TO STOP SMILING IF I WAS STEVEN! Well this is like my 15-20th video and they are so informative and it's good to know not to get excited and stay calm and always cut losses quickly as possible! I'm gonna have this patience thing down right off the bat because I'm a hunter so I'll treat these mornings panics without a frantic lmao I CANT WAIT TO LEARN AND LEARN AND LEARN!!! Hopefully I can you and learn off you personally Tim, that would be a dream come true!!

[@TimothySykesTrader]

You got it! Keep learning all you can- I've got tons of useful info 👍

[@payip7]

Thanks for the tips! Great to see Steven Dux again and glad to knoe he is reaching 1.7 million. Congrats!

[@Jeffrey9In4Chains]

Hey Tim I was wondering what are your thoughts on the recent deregulation of wall st. It is said that will only speed up the next big economic crash. Should we be worried about this?

[@thewolfofswingthat2035]

Jefferson Sierra he is not an economist. He is a day trader .

[@Jeffrey9In4Chains]

+Sanjip Singh I know that, but shouldn't you be aware of this stuff anyway?

[@7346908]

He can't answer that.

[@secondtake6549]

So many video lessons and web gurus to learn from and I want to search more profiles to learn from but they seem to all be pretty consistent. Cut losses quick is taught by both. Emotion and mindset needs to be in check. Keep learning and you do better

[@CashforAsh]

Thanks Dux and Tim,

[@turnbullbuggs]

Dux comes across like a genuine and honest down to earth guy, well done on your success 👍

[@otienodaniel9165]

What's tim sykes and team ?how much cash exactly do i need to start with trading penny stocks? How can a Kenyan understand the penny stocks and reading of the charts of usa markets @tim sykes

[@tamnguyenvothanh9150]

Thanks Steven and Tim! Those are useful tips! Keep studying, be patient, following the rules.

[@edwardvmreview]

Tim, Steven this kind of videos are great because I learn about the experience of both and I know how to redefine my thinking like a successful stock trader... Really thank so much both and I hope you keep uploading this kind of videos on youtube!!!

[@jmaiatrader2925]

Here is the deal, I've been paying this one game only for about 6 months now and going back and analysing my progress I realized that the more you do and the more you get involved with that one thing the more you will get better and better at it, the more you will learn to control emotions and you will with effort become able to discipline yourself. For as good as I am i still lose but my wins are much higher. I believe the same can be applied in this and any other task you fully apply yourself in.

[@petermariniello5193]

Hey Tim Stykes! I have watched almost your videos and have made over 4.8 million so far!!!!!

[@TimothySykesTrader]

really 😂

[@petermariniello5193]

Timothy Sykes no, but would of been cool if I did

[@petermariniello5193]

I truly do enjoy watching your videos so far! I have started investing quite a bit as I am currently an Aviation student, and I enjoy numbers. Your passion to teach is so very obvious in all your videos, and I look forward to watching more of your content. Thank you again, Pete

[@junior-fx2vb]

@Timothy Sykes, I'm really interested in learning on how to trade stocks. I just opened an account with etrade and did my first deposit. I feel as if I'm ahead of myself. I only heard of the dip pattern but don't really know it. Can you point me in the right direction? What videos can I buy to show me how to understand the market, rules and patterns? There are so many videos that I don't know where to start.

[@consistentking6563]

lmao Duxs face when sykes says you came out with your own DVD

[@codyfrazier731]

You can't let your emotions take control, study the patterns, have a plan, cut losses as quickly as possible and STUDY STUDY STUDY

[@TimothySykesTrader]

absolutely!!

[@boreneoman7728]

you can't grow bigger account when you can't grow small account..very true.. there a saying that 'how you do anything is how you do everything'..

[@Loompius]

Commissions eat small accounts.

[@davideaton4988]

Always been good with numbers and graphs just never devoted The time.. catching up On all the different types of graphs and figuring out the numbers..literally a game for people with money to play ...

[@singaporeghostclub]

Studying this and tyring to be present in all the webinars and live trades halfway across the globe is tough, but doable.

[@raymelgonzalezjr.5278]

I’ve encounter a situation in which my gain where getting juicy till all of a sudden it drop so quick that I didn’t even see it coming,don’t be to greedy, that should be ur number one priority when trading penny stock ,the volatility is absolutely crazy it can go up in second and it can go down in Nano seconds,so plan ur entry and ur exit prior to entering a trade,remember don’t be GREEDY

[@rady7in]

Do you guys cut losses with bracket stop loss of manually hit the sell button when it drops negative...?

[@Ra8az]

When he said big percent gainers is that from stocks to trade or a separate scanner? Thank you.

[@mickp3707]

The same software ..... similar to refining. Search

[@shahahahazain]

i love your interviews! especially w dux!

[@katherinecrawford5058]

Still studying...always appreciating all the information available. Thank you

[@TimothySykesTrader]

You're Welcome!

[@j.porter4526]

Study, practice, trade. Be patient, start small. I will work on it.

[@dancer1]

J. Porter how’s it going

[@mikhailitoney13]

How do you go about trading for a prop firm or institution. Please share a video on this!

[@sethf5566]

Awesome video! Thanks for the encouragement

[@wavemaker2077]

Are there any videos of Dux making money in the stock market?

[@urn8560]

I will be your next millionaire student. I am going to screenshot this to remind us when I get there. This may elude brashness and haste but, I say all that standing on the foundation of humility and passion. See you soon Tim.

[@Loompius]

How's this workin out

[@TheJESUSCHRISTRULES]

I appreciate the info. Thanks!

[@davidcruz766]

Thanks for all you do. Keeps us going.

[@TimothySykesTrader]

appreciate it!

[@nayanmipun6784]

Please make a video of mapping the course of yours to become like dux - what exactly these students did with you

[@daverave5880]

2:15 Ditto!

[@TimothySykesTrader]

nice

[@MohawkFlippinMike]

Tim didn’t you do a full 8 hour webinar today? Your voice isn’t cracked like you said in recent videos

[@Manish-ui2rz]

What is the software you use to finding stock? And what do you use for trade?

[@dipy2601]

All i want to know for now is what app to use see chart. I don't know what they called. And also how to spot a stock that will goes up. I'm a beginner and use Robinhood.

[@finsimple4396]

Just look it up, everyone has different preferences with what websites they like. With stocks that go up, it's dependent what kind of trading you mean. If you looking at ETF's or Bluechips, they will always go up over the long term and is a great plan for growing wealth in 10-20 years. Swing trading is completely different and much harder to learn, this guy makes his money from shorting (betting that a stock will drop) stocks which is very risky as losses are technically infinite without a blocker.

[@kimeilydelacruzlagares4232]

What books can I read to learn more?

[@ChanceStearns]

I'm trading super small like reeeaally small lol like I have about $450 on robinhood but I want to be able to have consistent profits before I start to trade with larger amounts of money! I'm not concerned about money. I'm concerned about wins and the percentage of my gains.

[@aamirbasir5464]

ChanceStearns Please look into USTOCKTRADE.....they have unlimited day trades , because they aren’t based in United States , low commission , robinhood will only prevent you and restrict you ! I’m using USTOCKTRADE until I get to 25k then I’m going back robinhood

[@ChanceStearns]

+Aamir Basir is it credible?

[@1bz2002]

Aamir Basir I recently joined tradenet ( couple of days ago) They use the colmex pro platform. Does anyone anything about this platform or experience using it

[@JohnSmith-un7ow]

Tim gritani says u need 3000 minimum to not lose monmey by commisions, but ur focusing on wins and percentages, im watcjhing trading tickers

[@aamirbasir5464]

ChanceStearns Very creditable , even has instant settlements so as soon as you sell a stock you can use those funds or withdraw the funds 💯unlimited day trades as well

[@arix4134]

Simple, short, sharp & sweet vid! THANKS!!!

[@TimothySykesTrader]

You're Welcome!

[@justincarl2385]

Love you guys. Thank you for endless knowledge. Truly.

[@scottanderson3308]

What exactly is stocks to trade? Is it like trade ideas or something?

[@TimothySykesTrader]

go look at stockstotrade.com

[@HedgeapleJoe]

Excellent video guys! Great tips!

[@d.a.521]

AWESOME Video ! Thank You Sykes and Dux !

[@fibonaccigroup9480]

You guys rock! Positive energy, two millionaires, talk about WIN! ))

[@JoppertHarkema]

4:10 yo dux You Is Legend

[@bnoblephoto]

Love it tim. Your the man. Thanks for uploading this and keeping me motivated to keep trading

[@TimothySykesTrader]

NICE!

[@ollud6339]

Hey Tim, where can I find the link to Stephen's lessons, time to start serious educational journey

[@ollud6339]

Lol just realized its Steven

[@shamund]

No insight into how he made the $42k and which symbol(s)?

[@BilLionwolves]

I got MILLIONAIRE MASTER PROGRAM. Still confused! Because I’m not sure what is my first step! I got tons of videos. BUT what is first???

[@alphaomega5923]

Because I know I can afford one session profiting from my trading, that's for sure Dux!

[@omarguzman9428]

Hey Tim! Where's Steven Dux's link! >:(

[@davidrosa3182]

Why does EVERY millionaire stock trader make videos with the absolute worst sound quality possible? It makes it very difficult to listen for more than a few minutes at a time.

[@timmoe3370]

because they are more focused on day trading

[@dreadfalife2274]

Hi Tim dux will Motivate me just as you will I am still studying my name is Paul Edwards from Delaware

[@panagenesis2695]

Great video! Thanks!👍

[@TimothySykesTrader]

No problem 👍

[@JohnSmith-zd9ou]

Which stock did he make 42k on and which pattern was it? Thanx.

[@Monstahh4D]

John Smith shorting $DXR

[@JohnSmith-zd9ou]

Monstahh4D Thanks for the info. How’d you find that out? Did he talk about it in the Tim Challenge?

[@Monstahh4D]

John Smith was in one of tims video lessons on profitky i think cant remember exactly

[@dm102155]

Very encouraging. Thank you

[@multimillionaire8489]

59sec. by learning from other people you can speed up your own learning curve .

[@mexicanocabron7774]

Where ia tim he's going to trade live today isn't he? Im wobdering if he will do it on youtube as well or where?

[@TimothySykesTrader]

tim.ly/2pFEbZD

[@mexicanocabron7774]

Timothy Sykes Timothy Sykes Timothy Sykes Tim, my friend i don't have the money today, actually the work isn't qiite good the weather haven't let us work, i live in canada so it cold enough rainy, so i have gotten money for food and rent, but soon i will apply to your challenge with as much as i can save, because i'm tired of living with a bad economy pay check to pay check, you inspire me to keep learning, i have been watching you your lessons for almost 2 years now, i learned a lot just from watching every youtube video i can from you, i feel reqdy for the next step jump in with small amounts and lot of patience i expect to be the third of the trader you or grittani are and i'll be financially free, i know you are 110% real and i would love to be mentor by a trader like you and your team, Hope i meet up in person with you one day for an interview on how i got to 0to1million one day, with effort and a lil faith that god will let's us live to that day i know it's possible, Thank you tim. Shalom.

[@kotsios37]

Can i do this from Europe (Cyprus)?

[@x1Conan3Spartan0x]

Liked it the moment he looked at the screen after he said "just 2 million in 2 years".

[@TimothySykesTrader]

😂

[@alitaterry6640]

Hi, I don’t see the link. Please post the link

[@TimothySykesTrader]

Read closer, hit up timothysykes.com/contact for deals on his guide

[@Black-Lion-pac]

yes another dux video!!!

[@richardarances7883]

I hope I can learn this stock market

[@alphaomega5923]

If I just have one chance to sit next to Dux and watch his one trade, if Dux can do it...I can also do it!

[@samfcarvalho]

Buy his trading techniques dvd

[@bryanperalta3885]

Dux is not human lol, great video!

[@leathercheerio1]

Emotion is your enemy..i agree 2000000000percent

[@xydoublehelix2924]

The Prodigy - Voodoo People (Pendulum Remix). yeah, thats a hard lesson, still trying to learn it. thx for the vid.

[@Batinya]

Steve the Man 🙏

[@ARTofWAAR]

Thank you

[@alphaomega5923]

Dux, how much will it cost me to sit in one session or less than an hour?

[@PrestonMadrigal]

I wonder how much of his account he trades at once, anyone have a idea

[@dammsonmartialartchampion8472]

Hi can you lower the price

[@kingcesar4272]

I think OWCP is heating up. short Aphria!

[@DamianMasters]

Knowledge is POTENTIAL power! Invest in your knowledge

[@chrisreid2723]

Can you make more videos Steven?

[@mikemike1602]

Great Advice!

[@a.b.2613]

Great lessons

[@manaskorde4247]

yesss yesss yessss

[@Manish-ui2rz]

Other important point is always POSITIVE.

[@megabandp]

Yes I agree being positive is a big thing. If you are in a negative mindset going into a trade you can make mistakes.

[@henryliao6743]

Can't agree more.

[@israelmaldonado2625]

Thanks for the video .....

[@AIAddiction]

Good video, but the sound was not the best

[@davideaton4988]

Start my investing when I get My Tax return but I’ve done 1 trade that was LBAI 10% in a day then I pulled out 😂

[@antoniohawkins3756]

I will be your next millionaire. You heard it here first. Tony Hawkins

Antonio Hawkins letsss gooo tony!!!!!!

[@isaacisiko1746]

Aye the harder you work the luckier you get not my own words but follow those words and it will become true I hope you get that money you want I just believe that you you need to aim higher because that's just the bare minimum

[@rafaelosorio2251]

What happened?

[@mixcalibur2329]

Tony, if you've become a millionaire by now, I want you to teach me, master.

[@jameswatt3214]

What was the software he recommended? 7:32

[@ypcozzy]

stocks to trade

[@codyfrazier731]

And yes Steven, learn before you lose money!!

[@TimothySykesTrader]

👍

[@colingreenway9765]

Wow well done guys happy days new bee trading soon kind regards

[@daychen9337]

people knows never talk, people know a little always Marketing

[@chialor1945]

Respect

[@אדירמולאי]

Thx

[@gauharsingh7015]

Execution is the hardest part about trading

[@Joyandthay]

Skykes is treating Steven like his kid. Awesome These are the gurus we need rather than Dan lok. Why did I follow Dan Lok and shitty gurus 1 year of my life

[@TimothySykesTrader]

😂