This shows how valid these issues are even 6 years later. I am new to day trading and am experiencing many of them. I have picked up a copy of the book you mentioned and look forward to reading it. I had a couple of aha moments while watching as well. Thanks!
@1MinuteMoneyGlitch3 жыл бұрын
i watched this 2 years ago i've been tracking on excel spreadsheets ever since i love you bro thank you
@w3mct4 жыл бұрын
watching everything i can from you bro!! hope your time off has been great!! i am a challenge student and i know u have no idea who i am, but you have helped to changed my life for the better and i appreciate everything you have done for us students. like seriously you dont have to put your journey out there for others to learn, but you do. and your happy to share it as well.. that is awesome and i dont know if u hear it enough.. but thank you so much.... i am working my ass off every single day to become half as good as you. thanks for being a mentor and teacher for us newbies. keep up the great work and hopefully one day ill be able to share my stories to pay it forward to those that come after me!
@kroyrunner894 жыл бұрын
Thanks so much! Really appreciate your kind words!
@bigal01725 жыл бұрын
Comparison IS TRULY the thief of joy! I am just now watching this video a second time around and I've only just begun day trading a bit under four weeks now and how true the things you are talking about Tim! I'm totally guilty of this very thing where I was feeling inadequate just because other traders were making bigger profits than I was. I dared to take up bigger positions looking for that big pay day and they did blow up in my face. I'm glad I'm learning that now and plan on never comparing myself to anyone else's progress and simply focus on what works best for me. Thank you Tim for this valuable lesson! Btw, totally love your "suit."
@flowerhour95394 жыл бұрын
"The Daily Trading Coach" Such a great book. My first really helpful book. So glad Tim mentions it!
@bobociwabobociwa45454 жыл бұрын
Yes. I love to see someone being so real in life. No suites needed, comfortable level at 100%. Impress people with results, not suites.
@spinity84682 жыл бұрын
Hello Tim! Thanks Again for what you are doing for us! You probably know that you are just using the Expected Value Principle. We know that the law of large numbers is working for us in a long term thinking.
@SuperTelugodu5 жыл бұрын
I am learning trading from you Tim Grittani but I think you offer something much more valuable than just trading tips. It is humility even in success.
@andyvaldez2125 жыл бұрын
After finally becoming somewhat successful; after 2 years of study and practice mind you, I can't even begin to describe how accurate this video is
@lazybeastz1824 жыл бұрын
how much do u make now?
@andyvaldez2124 жыл бұрын
@@lazybeastz182 a modest 15% percent per trade return. Depending what you trade though, those numbers could be based on Price Action intraday so its not unusual to see 30, 40, 50% returns.. But inevitably that could result in similar size losses so, I've learned to keep in minimal BUT consistent, and that produces a consistently profitable equity curve; and that's all I care about.
@HeapLeach2 жыл бұрын
@@andyvaldez212 have you continued to realize this type of win % ?
@antenehfantahunhmichael97086 жыл бұрын
This guy dropped some good advice on how to consistently make money when he was talking about tracker excel and he also knows people are looking for easy patterns to trade rather than build excel datasheet lol. You dont see a lot of trading educator teach quantitative analysis.
@papagiorgio24934 жыл бұрын
I agree with you 💯 percent
@robertriggs28442 жыл бұрын
Day 23 - 30 Day Bootcamp. Very helpful with the emotions of trading. Thanks for the lesson Tim Grittani.
@raykosick90052 жыл бұрын
FOMO is 100% the hardest thing for me - it's reassuring to see I'm not the only one that gets that itch when others are nailing a trade I missed. Excellent talk, thank you!
@leoadatribodejuda2 жыл бұрын
P
@ginacervi3 жыл бұрын
This talk is worth its weight in gold. I learned soooooooooo much.
@macrovigilance5 жыл бұрын
This is a fantastic insight into the dynamics of the trading game/trading mind and how the marathon of achieving trading greatness is never over. (From a vetran of 20 yrs of trading)
@pursuitoffreedom74916 жыл бұрын
Thanks Tim. This video is rich with data. Analyzing your own data is 1 of the greatest keys to trading success. It's something I'm still working on. Tracking data is golden.
@jetjetjetty43616 жыл бұрын
thank you for sharing this for free.
@syedamhossain3 жыл бұрын
Best PS trader for a reason...!!! Simple and common psychological issues that actually burns out accounts and even whole career.....explained in a superb manner... Way to go Tim....!!!
@litespeed20105 жыл бұрын
I wish I had this video 20 yrs ago. So helpful, especially for beginners.
@amsbeats8415 жыл бұрын
Great seminar Tim. I've been trading a couple months now, very new and guys like me look up to you make no mistake. I appreciate your transparency and willingness to be so open with everyone about your experience!
@nfthero42805 жыл бұрын
This is a great video and very helpful information. I made 50K in a week and gave it all back in 2 days. I've always been one to learn the hard way. I see a lot of my mistakes are talked about here. I'm confident that I can follow the rules and be disciplined now. Going for smaller trades with more consistency and cutting my losses fast.
@candlesticks9095 жыл бұрын
Same here. I made 7k in a week then lose it in 2 days. lol
@lindsaydiamond11 Жыл бұрын
I love how it comes down to a lot of psychology and human behavior. If we can master ourselves, our emotions, and actions, it will be easier for us in the market. Rather than wrestling with the market. Tysm for this presentation, Tim! Very insightful and useful information!
@eightbo6 жыл бұрын
I'm 6 years into my trading journey and still seeking consistency. It's difficult to not beat yourself up for repeating the same crucial mistakes after you feel like you've given so much time and effort to trying to fix them. What keeps me going is focusing on self-growth each month. If it wasn't for my journal providing me with hard evidence that I'm making progress I'd really be doubting if my dream of becoming a full time trader was possible. But I'm certain it is now that things are starting to come together for me. Self-awareness has proven to be key in removing mistakes. Log them. Identify patterns. Experiment with different methods to interrupt or prevent them. Execute. Reflect. Repeat over and over again. I wish everyone the best of luck on their own journeys. Relentlessly pursue improvement each month and remind yourself every day why this is important to you.
@gabrieladjei51745 жыл бұрын
To be fair buddy if you have been trading for 6 years and still struggling then you need real help.
@eightbo5 жыл бұрын
@@gabrieladjei5174 Haha. That's the exact same thing I was saying to other traders when I was in my first couple of years. I was probably in denial for a long time. Told myself I was 'just around the corner' however the reality is because successful trading goes against the grain of human nature, depending on your personality things can take a long time for a trader to eradicate all their mistakes. I was a lazy instant-gratification seeker when I started out. To put things in perspective, due to blowing up accounts and being away from the markets my 6 years is actually more like 18-24 months if I was trading full-time, but I was still spending an hour or two on trading pscyhology or considering methodologies which may help interrupt my bad habits etc. during that time so that may produce a slightly misleading result. I'm not saying I'm completely there but I make mistakes less frequently now than ever before, and when they happen I've at last found methodology which seems to work at interrupting the mistake and walking away rather than going off the rails chasing etc. Just walking away as per your plan sounds so simple but when the emotions are flying and you don't have a risk manager to pull your capital as you would in say a prop. firm, you really have to be self-accountable in following your plan. For me that kind of thing is developed mostly away from the markets and as I literally have had to change the way approach life in general to get to where I am now. Plenty of successful out there who have taken time to find profitability e.g. Trader Dante (7 years). Who knows, maybe I'll still be making huge mistakes in a few years time, maybe I won't. One things for sure though - I'll keep at it and work relentlessly until I find out. Best of luck on your journey.
@jinouji60255 жыл бұрын
I appreciated reading your comment. Thank you random human/sir
@tnen5595 жыл бұрын
Couple of comments. First, that's awesome that you have a journal to begin with AND actually using it. Kudos to you for that. My second comment as a newer trader is, how come you're still repeating the same mistakes if you've experienced them multiple times before? What happens to where you repeat same mistake? It can't be just that you forget, right? I'm strictly asking from a learning standpoint, not trying to judge. Thanks.
@victorbf1244 жыл бұрын
@@tnen559 Sometimes people like us struggle with that because, we take large pride in being right, so our mistakes on being wrong sufficates us. We want to be right, and we will loose untill we are right. It's called stubborness. It's not that easy to get over that. But once we all do, our mistakes will be long gone. But like Tim always says, watch out for that black swan, he will be ready to get you.
@jasonabidin44489 ай бұрын
WOW! your insight is so spot on! Thank you Tim
@royeweatherford4 жыл бұрын
The first time I watched this speech was on the penny stocking framework DVD and I was a Tim alert chaser without a clue. You opened my eyes and mind to finding the why's of the trade and I owe you a lot, thanks for being so real and open to helping others in their journey. Day 23 of the bootcamp for me almost complete.
@devonmaple5572 жыл бұрын
1 year later, how you doin?
@royeweatherford2 жыл бұрын
@@devonmaple557 still learning and growing as a trader but I'm overall on the positive side of making profits lol.
@ernestoruesta9446 Жыл бұрын
2 year later, how you doing? 😁
@royeweatherford Жыл бұрын
In the middle of a break from trading, trying to get my new work schedule and trading schedule straightened out but still learning and watching the market as much as I can
@Kirbychriswhelan5 жыл бұрын
This vjdeo is getting better by the minute. I live in Kentucky but I am from Puerto Rico, my Dad and closer relatives still living there and we visit them once or twice a year, but now and we are evaluating the opportunity of buying a condo there for vacay for me and familia. Maybe this is a sign for sure...become a trader and buying in my Island. Blessings, Yana
@funwithleniolianddomi30655 жыл бұрын
Are you trading?
@davidcubberley9659 Жыл бұрын
Please give us all of this training for the FUTURES MARKET! No one can touch you!
@nickjones26876 жыл бұрын
Tim thank you so much for the videos you have been uploading recently, also thank you for trading tickers, I bought that dvd about a year ago and I still listen to it on my drives at work, funny how FNMA just had a real nice multi day breakout again years later
@sonnycorbi19705 жыл бұрын
Every time I watch this I learn something new - My attention span leaves something to be desired - A big part of the (problem) when Tim covers an issue or a point that POPS/RESINATES I have to take a moment to reflect/digest and of course during that interlude he’s on to something else and I miss it - (eye nose the answer to this problem) - I’m just so grateful for this young mans input I just want to be in the loop somehow - I’m 76, and a semi-retired womanizer/party animal; there’re is an upside but I won’t go into that now - at 76, there is one big advantage I have over you young entrepreneurs, I KNOW WHAT I DON’T KNOW :-)
@w3mct4 жыл бұрын
I can’t remember if I watched this, but hey no issue wither watching this speech from one of the greatest traders .I have the opportunity to learn from which is just great!,
@pnewman53 Жыл бұрын
I see myself in a lot of lessons shown. Bootcamp helping to show me those problems also. Have never used whole account for trading. Usually about a third of it. And I've gotten in the stay too long even though I know to cut losses quickly.
@oakfromacorn27273 жыл бұрын
So simple in theory, but so difficult in practice sometimes. Thanks Tim, a very well delivered and important message!
@russl83342 жыл бұрын
Thanks Tim. Appreciate your incites
@JCMcClain4 жыл бұрын
42:00 Daily Trading coach (book) -track every loss where you made a mistake and what the lesson was that you learned. At the end of the month if you followed your rules you increase the size of your trades.
@louisvuittondonvg90406 жыл бұрын
Man I love watching your videos. My favorite trader
@aaronmizell4 жыл бұрын
Super awesome pointers! Focus On Yourself/ Look for self growth/ Ignore the noise/ Patience pays/ STRIVE FOR BETTER EVERY DAY
@simrahbowes50734 жыл бұрын
Hey looking to learn about stock trading? I am willing to sell Dvds from tim sykes, tim grittani, roland wolf, investors underground and steven dux. For around a very small % of their retail value. email me at : samirah98@hotmail.com I will provide proof
@Warix_Wa_Lepedi6 жыл бұрын
I have been waiting for this one. I will watch it later with full focus. Thanks Tim.
@keekvideoo4 жыл бұрын
this content is pure gold
@MrXaybzc5 жыл бұрын
Thank you Tim G. Your Trader & Investor Summit Speeches just get better and better every year. I got a lot out of it. Keep up the good work.
@SuperJ2134 жыл бұрын
Tim, I want to thank you for your journey; it has been inspiring to me. You've seemed like the most down-to-Earth trader out there and I have considered you as my trading role model. However, after years of dealing with failures due to the struggles of trading psychology mixed with some Murphy's Law, I have been unable to grow my account while keeping up with the monthly expenses of life. It's frustrating to second guess myself so much. It is what it is. I never thought I'd get to the point where I am almost out of money which means I'm almost out of time. I just thought you should know you made an impact on my life regardless of my inability to succeed.
@kenasssss3 жыл бұрын
Bro, i hope you doing better now. Wassup
@flowerhour95393 жыл бұрын
Hey I also have been at it for several years only for my best trades to have been when I first started. It's a mental block that is our subconscious fulfilling the prophecy of us always being in lack, believing that we always fail, or saying to ourselves "I lose money all the time." Our subconscious believes what we tell it to be true. Money wants to be where it's safe. We must condition ourselves to believe that we are that safe place. This is for real. Why do you think those lucky people always win? Because they believe they will. They expect it. We have to change in our core how we believe about ourselves. Then you will notice a change in your trading for the better. Cheers!
@spinity84685 жыл бұрын
It might be nice to have other videos from you. You tips are pretty good and useful normally!
@arysdaniel4814 жыл бұрын
I started to do evaluate my mistakes a couple a days ago and now, watching this vid i know im on the right track. Its easier to can understand your weaknesses just by checking your own stats on a regular basis and and is easier to improve also.
@derekwfrazier2 жыл бұрын
consistency: confidence
@angelarazzano36575 жыл бұрын
Wow! Great speach, amazing reminders and suggestions... I will be watching this one over and over again.
@ermagerd1016 жыл бұрын
Thanks for posting this Tim, there is a LOT of wisdom in these 45 minutes. It's interesting that so many traders share a very similar start to trading.
@uk2asiaForexTrader5 жыл бұрын
Accepting losses has to be one of the most difficult elements of trading. I blew up a few accounts when I started out by trying not to lose. Became profitable once I realised and accepted that I needed to learn to lose before I could win. Sounds nonsensical, I know but it is a fact. Another gem was learning that successful trading was not about being right.........It's about doing the right thing by sticking with your trade plan and your strategy. You will have losses and you have to accept them.
@masonbro49224 жыл бұрын
Thank you for great lecture
@camerynworden44016 жыл бұрын
Glad to see Tim g uploading to the ole KZbins again
@chrisharrison4755 жыл бұрын
Again, more amazing value for the content! The "big picture" perspective Tim offers during this presentation is priceless in my opinion. I've already ordered a couple of trading psychology books that have been mentioned. Awesome!
@denisouellette93326 жыл бұрын
Thank you so very much for putting words to the challenges that all Traders face. In this video you are especially vulnerable and open about your experiences and that is very inspiring, because I admire you as a strong Trader. This video is by far my favorite of all videos I've watched so far.
@kroyrunner896 жыл бұрын
thank you for the kind words!
@Esoterica993 жыл бұрын
This is a trading model called volatility breakout system.....read Taylor's book - although it may be unreadable to some.
@gdose20094 жыл бұрын
BEST 45 MINUTE VIDEO!!! GLAD I DECIDED TO WATCH THIS.
@justdoit4492 Жыл бұрын
Yo TG! Where ya at now? You could be killing it here as well!
@happie97326 жыл бұрын
made all these mistake. but gain more confident after identifying each of them. getting closer to my edge. Great video
@ogkushwarrior12536 жыл бұрын
Wow!! Talk about giving back to the world! Thanks Tim!
@Bigmikey786 жыл бұрын
Tim thank you very much. I really enjoy listening to everything you have to say! Cheers
@Sundance_the_Rapper6 жыл бұрын
This definitely reaffirms the psychology I have been working on the past year. I've learned it from you, Timothy Sykes, Tim Bohen, and so much more, and I personally believe that psychology is the MOST important aspect in becoming successful in any industry, and even life itself.
@davidcubberley9659 Жыл бұрын
Awesome speech Sir
@agentyoeldelacruz49635 жыл бұрын
THANK YOU FOR YOUR INSIGHT.ONCE AGAIN AMAZING,INMENSELY APPRECIATED.
@davidwedel21154 жыл бұрын
That was such a helpful speech! Thanks Tim!
@brisso_cs4 жыл бұрын
Crazy how this type of video doesn't have 1 million views
@martonfeher6396 жыл бұрын
I've recognized this pattern as well and I found that it is better to trade the next day pre-market. Nex to your criterias, the float needs to be under 20 million. Best scenario when the stock gaps down ~10% and gradually rise up. It usually starts at 9:00 AM.
@Ben-de7yi5 жыл бұрын
First webinar I watched of yours, glad I did, definitely a subscriber now 🙏🏽🙌🏽
@antfooo6 жыл бұрын
After taking hit after hit, this speech really hit home for me. Thank you for sharing and I feel assured by your experience. I'm not alone.
@jerrodtham6 жыл бұрын
Thank you for posting this. Please post more videos. Thank you again. God bless you 🙏 🙏 🙏
@e.c.granmoun50354 жыл бұрын
So informative, thank you all so much for urging individuals to educate themselves and learn the right strategy to earn success.
@jklivinlife4 жыл бұрын
Awesome Video. Trading with a very small account and trying to learn. This video helps. You are spot on with the mental aspect. Thanks!
@MrRockstarChuck5 жыл бұрын
One of the most helpful videos out there, awesome!
@probingone88106 жыл бұрын
Dam its like this guy was saying my name, Thank god I haven't had huge losses like him. learned a lot Tim tyvm.
@saverigin36454 жыл бұрын
Thankyou Tim GREAT lesson!!!!!!! This is a really great lesson makes one more aware of what not to do And the importance of self awareness & keeping ones emotions in check. (just a bit closer to that top 5%) day 23 of 30 day bootcamp
@spinity84685 жыл бұрын
@TimGrittani Might be nice to see you more often on Investors Underground ;)
@goodman11273 жыл бұрын
One of the best traders ever
@mantis_toboggan_md6 жыл бұрын
Consistency is key. Pretty much anyone can hit a home run, not everyone has the self control and belief in themselves to obtain true long-term success.
@danielzpcsk85 Жыл бұрын
Great presentation. Can you please enlighten me what is playing the promotion stocks?
@Sejdr3 жыл бұрын
Great speech!
@حبيكر3 жыл бұрын
هل يوجد فيديوهات مترجمة للعربية؟؟
@WorldCollections2 жыл бұрын
41:02 Fast fw to the fun part of trading. If you make it, you will think and feel very differently about money.
@c.p89664 жыл бұрын
Thanks Tim, I will definitely try to follow your advice.
@castletrader62536 жыл бұрын
thanks Master!! Going to watch with full focus after work :)
@handyallaround57763 жыл бұрын
the risk reward , explanation i figured out that you never have a hard stop , to be a professional trader, you need mental stops and very firm on them, execute immediately, other wise market maker will always stop you out , there is not way to always predict exact support,
@irislali12346 жыл бұрын
Thank you so much Tim, I'm a newby and struggling to be constant and to grow my small account. This video is very helpful and i will follow your advices to become a profitable and constant trader.
@andreasmelkersson35926 жыл бұрын
You need coaching from real trading pros.
@onlylunaa97834 жыл бұрын
Andreas Melkersson like tim Grittani
@DoctaHobo3 жыл бұрын
this video taught me the importance of excel sheets
@applegee97773 жыл бұрын
This was soooo good!!!
@clue30924 жыл бұрын
Thanks Tim. Super helpful presentation. Shoto was here!
@simrahbowes50734 жыл бұрын
Hey looking to learn about stock trading? I am willing to sell Dvds from tim sykes, tim grittani, roland wolf, investors underground and steven dux. For around a very small % of their retail value. email me at : samirah98@hotmail.com I will provide proof
@sidiebnou4958 Жыл бұрын
Awesome lecture
@riverjao Жыл бұрын
Great stuff! Thanks “the Tims” 👍
@zdenekskrasek16784 жыл бұрын
Is he realy a student of Timothy Skyes?? Some of you know that?
@JarJarBinkz686 жыл бұрын
real traders don't wear expensive suits :)
@inouskehashibira10455 жыл бұрын
Or it doesn't matter just as long as your work or reputation speaks for itself then you're golden brother.
@Brehon_TalkingFinance5 жыл бұрын
No one should ever walk on stage with flip flops.. An occasional blazer will never hurt anyone.
@mantis_toboggan_md5 жыл бұрын
@@Brehon_TalkingFinance I blaze occasionally for sure.
@sonnycorbi19705 жыл бұрын
John George I tend to agree with you but the FACT IS: Real Traders Wear what they want. :-).
@Alecto448115 жыл бұрын
real traders wear whatever the hell they want to. Suit or not.
@nickthewinner21946 жыл бұрын
Can't wait to watch when I get the chance
@kuphreyeshiet30335 жыл бұрын
Great video, thanks Tim for sharing your experiences with newbies like me. One big thing I learned is tracking your setups, reviewing them for mistakes and then not making those mistakes anymore.
@waynewillmore37256 жыл бұрын
Brilliant!!!! Thanks Tim this was really really great to watch, seen so many of my mistakes in this and continue to learn from yourself, Tim, Mark, Michael and Dux and will keep grinding away!!! #NoDaysOff
@rockyou796 жыл бұрын
Thank you so much for sharing your trading experiences, they are really priceless. At the end of the day trading is difficult and very competitive, people that wants to succeed at this need to have a lot of different qualities but mainly they need to put in time and effort.
@9awan6 жыл бұрын
Thanks for sharing, Tim. You're the man! I can only dream of being as successful as you.
@gingerbreadninja66456 жыл бұрын
Great Video/Speech Tim, especially for new traders like myself. Trading Psychology / Risk Management is very important to learn early on. Thank you 🙏
@DoubleMUKU4 жыл бұрын
Thanks Tim, have bought the book immediately: "Brett Steenbarger - The daily Trading Coach"
@comelliandrea6 жыл бұрын
Invaluable lessons! Thank you Tim!
@jaydesjardins7305 жыл бұрын
I love the way at every problems you saw, you found a solution !
@testinghandles6 жыл бұрын
I'm just watching because of the way he dresses...... that's already means different opinion for me which is great
@FHIPrincePeter4 жыл бұрын
Quality presentation. Could identify with most of it. Loved the picture of Tony Hancock.
@scott67236 жыл бұрын
TG, have you ever tracked the psychology aspect of your trading? Such as...every time the stock moved beyond your pre-defined risk, a) how often you stayed in the trade, b) how often the trade finished green, c) how much of a % loss did you take, etc?
@isabelalt7814 жыл бұрын
hes wearing flip flops. im dead
@Nouveau03 жыл бұрын
A millionaire wearing a snoop tshirt and flip flops 😂