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Finding consistency as a trader requires cultivating good habits. Tim Bohen’s learned this from successful students and his own journey. Today, he’s got three habits you should steal and three you should avoid.
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🔴Traders Blueprint Free Guide: https://stockstotrade.info/2ZTeqH5
🔴Check out the SteadyTrade podcast: https://www.steadytrade.com/
✅ Recommended video: https://youtu.be/ZKOj1tFBZiM
✅ Recommended playlists:
🔴SteadyTrade Podcast: http://bit.ly/2SXbrv7
🔴Stock Trading 101: A Day Trader's Guide: http://bit.ly/2sqs1ZZ
🔴Advanced Stock Trading Tips: http://bit.ly/3a32pTM
🔴Trader Spotlight with Tim Bohen: http://bit.ly/36TTzG3
🔴StocksToTrade Software Tips and Tricks: http://bit.ly/375GSry
🔴Weekly Trading Recap Videos: http://bit.ly/3a32uXA
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First things first. Be sure to focus on the hot sector of the day. Popular sectors change and evolve. But if you do your research and run your scans, you can get to the point where you can quickly identify it.
Avoid last quarter’s or last year’s hot sector.
Tune in to the video to learn which sector fools new traders even though it’s been two years since its last run! You want the sector to present itself … It should be painfully obvious.
Keep your eye on liquid stocks and stay away from illiquid stocks. The higher the volume, the better. Whether you’re right or wrong on the trade, it’s easy to get out.
Check out the video to learn how basic supply and demand coincides with a stock’s volume.
No matter why you’re trading, be sure to pay yourself first. If you have profits, cash some of them out! You have to treat it like a hustle to help supplement your income.
Practice, pay yourself, save, and accomplish your goals.
Too many new traders get greedy and size up before becoming consistent. They don’t allow themselves time to mature as a trader. That’s a fast track to blowing up months or years worth of hard work.
#StockMarket #DayTrading #TradingHabits
*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
🔴 Try StocksToTrade for $7: https://stockstotrade.info/3iP7nYA
Finding consistency as a trader requires cultivating good habits. Tim Bohen’s learned this from successful students and his own journey. Today, he’s got three habits you should steal and three you should avoid.
🔴 Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade
👉Share this video with a fellow Trader: https://youtu.be/tWkWJxL4xiM
✅ Links we mention and recommend:
🔴Try StocksToTrade for $7: https://stockstotrade.info/3iP7nYA
🔴Get our FREE weekly watchlist here: https://stockstotrade.info/2BKRKkA
🔴Traders Blueprint Free Guide: https://stockstotrade.info/2ZTeqH5
🔴Check out the SteadyTrade podcast: https://www.steadytrade.com/
✅ Recommended video: https://youtu.be/ZKOj1tFBZiM
✅ Recommended playlists:
🔴SteadyTrade Podcast: http://bit.ly/2SXbrv7
🔴Stock Trading 101: A Day Trader's Guide: http://bit.ly/2sqs1ZZ
🔴Advanced Stock Trading Tips: http://bit.ly/3a32pTM
🔴Trader Spotlight with Tim Bohen: http://bit.ly/36TTzG3
🔴StocksToTrade Software Tips and Tricks: http://bit.ly/375GSry
🔴Weekly Trading Recap Videos: http://bit.ly/3a32uXA
🔴Charts and Patterns: http://bit.ly/2uj2KBO
✅ Follow StocksToTrade on social media:
Instagram: https://www.instagram.com/stockstotrade/
Facebook: https://www.facebook.com/StocksToTrade/
Twitter: https://twitter.com/StocksToTrade
First things first. Be sure to focus on the hot sector of the day. Popular sectors change and evolve. But if you do your research and run your scans, you can get to the point where you can quickly identify it.
Avoid last quarter’s or last year’s hot sector.
Tune in to the video to learn which sector fools new traders even though it’s been two years since its last run! You want the sector to present itself … It should be painfully obvious.
Keep your eye on liquid stocks and stay away from illiquid stocks. The higher the volume, the better. Whether you’re right or wrong on the trade, it’s easy to get out.
Check out the video to learn how basic supply and demand coincides with a stock’s volume.
No matter why you’re trading, be sure to pay yourself first. If you have profits, cash some of them out! You have to treat it like a hustle to help supplement your income.
Practice, pay yourself, save, and accomplish your goals.
Too many new traders get greedy and size up before becoming consistent. They don’t allow themselves time to mature as a trader. That’s a fast track to blowing up months or years worth of hard work.
#StockMarket #DayTrading #TradingHabits
*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
Man tip number 3 just popped right out for me. Making those bigger trades instead of paying yourself first just is just the wrong way. Im glad I watched this. I need to mature as a trader before my risk goes up.
Thank you
🤜🤛
That’s something I’m learning, had a good run trading and I kept sizing up and up with out paying myself, had a bad week and it would have been nice to enjoy some of those profits. Just gotta manage accordingly. Great video like always 💯
My plan is to take half of my profits each week to pay myself. That way not only am I paying myself, but I'm also growing my account.
These are a new spin on what to do / not to do. I def guilty of 3rd one
Pay myself, good idea. Side hustle is why I'm here.
Always good 👌
Thank you so very much Tim B
How much verified profits does Tim Bohen have? Profitly says less than 100k
As a part time trader, i use the one third rule. One third stays to build the account, one third goes into my pocket and the last third goes into a tax account. Best part about the tax account, if the taxman doesn't empty out his account, I have a nice little bonus in May. Keep up the great videos Tim, love listening to you and thanks for all your hard work.
Leave it in there to build my small account. I am trying to get over PDT.
This is true 100 percent
I'd like to build the account before I pay myself.
I usually leave it in my account to build the balance, if I can. that's a great point though, if you pay yourself and keep to singles then your balance still grows and your availability to funds is there. Not loosing it to trying the Big HR's. Thanks for that insight.
Very good video thanks!
Thanks!
which stock broker would you recommend? joined STT recently but im from the UK so may be more difficult to open an acc?
$WIMI was perfect example of volume and hot sector/stock of the day. Gosh i underestimated it. In 9.28 out 10.75
What if you don't have any debt to pay off? I still work, and have not been paying my self, I don't really need the money. I wanted my account to grow quicker, so I thought reinvesting it would be my best option.
Right now I am building a small account, so I keep the money in the account. That said, I don’t increase my position size right now either. I will do that when I am consistently winning, but I am conservative and will likely take small steps to grow. Once I get above PDT I will build in a pad to the account and start withdrawing on a weekly or bi-weekly basis.
So when do you recommend for new traders to up their size?
Great lesson to learn early on✅Thank you!👏
My account is too small and my gains are still not consistent, but I have only been doing this since March. So still long ways to go before I can start paying myself! Love your videos Tim, hope to be able to get to the SteadyTeam training program one day
I have not been paying myself. I'm glad you made this video! What do you think about, or do you have any suggestions on a "low risk" or high dividend paying stock(s) that a person can invest in as a type of savings account? I was thinking about sticking 80% of profits into something like that and reinvesting the 20% into my trading capital. Or 60% into the investment, 20% into my pocket and 20% back into trading $? Any thoughts? BTW just found you, on my 14 day trial of STT and am grateful for your videos and platform!
Informative video friend. Most people don't understand that this is the best time to invest. I've been trading the stock market for quite some time, and I must say that it really does go at a loss without the right approach and strategy. I have reached the point where I understand this. My deepest gratitude goes to my account manager, Ethan Hartman for his amazing master class strategy. I must say that it has given me a stable, balanced and reliable platform to carry out my operation, which gives me the opportunity to make the most of the market. You could contact him if you need professional expertise.
I keep my profits in my account. I'm planning on increasing my position size gradually after a couple of extra winning monthes.
I leave my trading account at the same amount and pull profits to live on lol