The 5 Worst Trading Habits You Need To Stop

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Most traders make the same mistakes. That’s probably why 90% of traders lose. If you want to separate yourself from the majority of traders who lose, you have to do something different. Watch this now to learn the 5 trading habits you MUST ditch!
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If you make it into my Trading Challenge, I can’t guarantee you’ll be a millionaire student. But I can guarantee that I’ll teach you everything I’ve learned over the last 20+ years.
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The key to growing your account over time. Remember my #1 rule!
Also, I share my thoughts on a particular strategy that’s popular with a lot of traders. The problem? Far too many don’t understand the risks. Don’t miss this lesson.
One key to my success is that I consider myself a retired trader. It may sound counterintuitive, but this mindset trick can help make you a better trader.
Not ready to risk your hard-earned money in the stock market just yet? Use StocksToTrade to paper trade! See the links above to start your trial.
Watch now to learn all these lessons and find out the top 5 worst habits you must ditch if you want a chance at success.
Drop a comment and let me know if you’re ready to drop these bad trading habits!
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Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.*
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The material on this website is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following the instructor’s strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by the instructors to adjust for those fluctuations may change without notice.
There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments.
You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.)

[@TimothySykesTrader]

Drop a comment and let me know if you’re ready to drop these bad trading habits!

[@petefrislid7219]

You got that right lol

[@GarMauer-eu7hh]

Haven’t developed any bad trading habits yet, not trading but will remember these habits & know what not to do …. thx Tim.. Gary V

[@momonwallstreet]

6 months into the Challenge. Always good to go over those basic rules again. And stick to them. Learning the hard way with very small trades. and getting better at sticking to the rules. Thank you, Tim.

[@HanhTran-ly1ec]

Cutting lost quickly it’s a must for me. I hate being in a big loss and feel terrible all day. No more hold and hope. It’s not worth it and it’s so wrong. Thanks Tim for always reminding us to cut lost quickly. We need to hear it again and again.

[@TimothySykesTrader]

You got this!!

[@HanhTran-ly1ec]

@@TimothySykesTrader Thanks!

[@adolfsson2705]

Thanks.. Have a nice day!

[@TimothySykesTrader]

thanks, you too!

[@andreslleras7753]

thanks Tim!!!! continue making this videos. LOVING THEM.

[@TimothySykesTrader]

haha glad you like them

[@siphumaerican2923]

Thank you for your time for teaching us from the scratch

[@andrewstout6508]

Great instructions and counsel!!

[@TimothySykesTrader]

appreciate it! 👏

[@phucpham286]

Thank you ! True Teaching .

[@TimothySykesTrader]

you got it!

[@danechowning8901]

Thank u Tim for all your help and video

[@TimothySykesTrader]

very happy to help!

[@roysimanjuntak5689]

Thanks tim for the inspiring insights.

[@TimothySykesTrader]

🙌💯

[@SamPutnam]

damn. always worth a watch

[@TimothySykesTrader]

THX!!

[@juliocorona3868]

Yes discipline is number one key then patience follows. Thankyou be blessed an much more success to you and your students I will be there soon.

[@jovaniperez1443]

Watching And Analyzing!

[@TimothySykesTrader]

👏

[@dannyhardwick40]

Thanks Tim Skyes, we are studying and learning everyday

[@TimothySykesTrader]

keep it up! 👏

[@LifeIsOrange]

Rule #3: "You do not have to trade all the time" is something I learnt the hard way! Thanks for these videos- working on being disciplined

[@johnandino3170]

you are 100% rignt thanks for teaching us

[@TimothySykesTrader]

you bet, always!

[@stevehinton5300]

Yup.. #1 is my #1 problem, but it is getting better as I get more experience. Great video Tim..!

[@TimothySykesTrader]

you can do it!

[@kirkbrown2402]

I will be discipline. Thanks Tim

[@TimothySykesTrader]

discipline is key!

[@yamch]

Scalping works for me even though my avg win loss is the same because my win rate is high.

[@TimothySykesTrader]

👍

[@whatusayingangsta3642]

As long as your risk to reward ratio is on point, scalping is cool… not too sure about low floats though.

[@franpetrillo6771]

Haha I learned good lesson from scalping. Now ready to drop the bad habits.

[@TimothySykesTrader]

you got this!

[@danechowning8901]

I'm working on it

[@TimothySykesTrader]

👍

[@carmonav8_]

thanks tim i was out for allmost a year i wiped my account but im back 😊

[@TimothySykesTrader]

welcome back!

[@r.h.9338]

Best Rant Ever!!!

[@TimothySykesTrader]

🙌👏

[@chasevonnable]

♠️🎱🐐 No mistakes

[@TimothySykesTrader]

🙂

[@ricosuave666]

Jesse Livermore made 1000$ in the 1890’s by scalping.

[@nayanmipun6784]

How much initial money is needed for becoming millionaire trader student of Timothy Sykes? Do students need to be physically with Timothy Sykes for the education?

[@TimothySykesTrader]

no its all online, you can start with whatever, most start with $2k-$10k, go apply at tim.ly/sykeschallenge as its more about how dedicated you are as a student

[@jonnw]

Funniest rant yet!

[@TimothySykesTrader]

😂 glad you liked it

[@StephenCPrior]

That sports star retirement analogy aged quickly with Tom Brady's announcement lol .

[@andrewstout6508]

I don't follow sports, but I thought he may have been referring to Brett Favre. :)

[@robertspencer5219]

Aim small, miss small - The Patriot (movie)

[@TimothySykesTrader]

yesss

[@allenabothwell4242]

My bad habit is holding and hope, but Im ready to change that. I NEED YOU to Yell at me fir that. And maybe smack me in the back of the head

[@TimothySykesTrader]

do 50 burpees! 😂