🔴 Ready to learn more? Check out SteadyTrade Team: https://stockstotrade.info/2HDKd9z
🔴 Try StocksToTrade for $7: https://stockstotrade.info/3ibmzhf
One of the most common mistakes new day traders make is not knowing how to manage profits. Have you ever given back gains ... or even turned a winner into a loser? Tim Bohen’s here to help you fix that.
🔴 Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade
👉Share this video with a fellow Trader: https://youtu.be/kf1K5ywLzyM
✅ Links we mention and recommend:
🔴Try StocksToTrade for $7: https://stockstotrade.info/3ibmzhf
🔴Get our FREE weekly watchlist here: https://stockstotrade.info/2GhVrjq
🔴Traders Blueprint Free Guide: https://stockstotrade.info/3cFkYiw
🔴Check out the SteadyTrade Podcast: https://steadytrade.com
✅ Recommended video:
🔵 https://youtu.be/9FoMd7_JQwA
🔵 https://youtu.be/8-sTSLGi3Xk
🔵 https://youtu.be/_7c4Aqzfcf8
✅ 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
What are the top five ways to manage your profits?
First, you need to have proper risk management. Don’t overextend yourself and use too much leverage. The knife cuts both ways. If you’re borrowing money to try to amplify gains, you’re also amplifying your losses.
It’s like taking a loan on a house. Tune into the video for what you have to consider.
Next, don't go all in on a trade, EVER. It’s way too aggressive and anything can happen. News can come out, a natural disaster could hit … If you’re all in on a trade, things can go bad very quickly.
Or consider this, what if there are two good setups of the day? If you're using all of your buying power in one play, you miss the other one.
You need to stick to your plan and keep your losses small. Too many traders get greedy and end up giving back their gains or turning winners into losers. But if you’re agile, in and out, and sticking to your plan, you won’t be caught bagholding.
Don’t forget to take those gains! If you stick to your plan and find you're above your goal, take it! Cash that check, then get back to your day job, studying, school ... whatever it is you need to do.
That’s how you become consistent over time and stay in the game.
Last, find a mentor. It can be so valuable. Do your research and find someone with experience and who’s committed to your potential. You still have to put in the work. Unlocking your dreams doesn’t happen overnight or even in a few months. But with the right mentor, it can help speed up your learning curve.
Keep realistic expectations. Remember, this is a long-term skill. Set solid goals and plans — then stick to them.
#StockMarket #DayTrading #Profits
*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/3ibmzhf
One of the most common mistakes new day traders make is not knowing how to manage profits. Have you ever given back gains ... or even turned a winner into a loser? Tim Bohen’s here to help you fix that.
🔴 Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade
👉Share this video with a fellow Trader: https://youtu.be/kf1K5ywLzyM
✅ Links we mention and recommend:
🔴Try StocksToTrade for $7: https://stockstotrade.info/3ibmzhf
🔴Get our FREE weekly watchlist here: https://stockstotrade.info/2GhVrjq
🔴Traders Blueprint Free Guide: https://stockstotrade.info/3cFkYiw
🔴Check out the SteadyTrade Podcast: https://steadytrade.com
✅ Recommended video:
🔵 https://youtu.be/9FoMd7_JQwA
🔵 https://youtu.be/8-sTSLGi3Xk
🔵 https://youtu.be/_7c4Aqzfcf8
✅ 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
What are the top five ways to manage your profits?
First, you need to have proper risk management. Don’t overextend yourself and use too much leverage. The knife cuts both ways. If you’re borrowing money to try to amplify gains, you’re also amplifying your losses.
It’s like taking a loan on a house. Tune into the video for what you have to consider.
Next, don't go all in on a trade, EVER. It’s way too aggressive and anything can happen. News can come out, a natural disaster could hit … If you’re all in on a trade, things can go bad very quickly.
Or consider this, what if there are two good setups of the day? If you're using all of your buying power in one play, you miss the other one.
You need to stick to your plan and keep your losses small. Too many traders get greedy and end up giving back their gains or turning winners into losers. But if you’re agile, in and out, and sticking to your plan, you won’t be caught bagholding.
Don’t forget to take those gains! If you stick to your plan and find you're above your goal, take it! Cash that check, then get back to your day job, studying, school ... whatever it is you need to do.
That’s how you become consistent over time and stay in the game.
Last, find a mentor. It can be so valuable. Do your research and find someone with experience and who’s committed to your potential. You still have to put in the work. Unlocking your dreams doesn’t happen overnight or even in a few months. But with the right mentor, it can help speed up your learning curve.
Keep realistic expectations. Remember, this is a long-term skill. Set solid goals and plans — then stick to them.
#StockMarket #DayTrading #Profits
*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.
bro if people here to listen about trade profite management they know about leverage so why you talking about basic stuff ?
Enjoyed the video thanks Tim
Thanks Tim this filled in some blanks for me! I’ve never really paid a lot of attention to individual candles on volume more the averages on volume so this makes a lot of sense. Helped me inch a little closer to understanding price action I think!
I'm all cash. Started with 5k but gaining toward the golden # = 25k Appreciate all you do for us.
Hey tim trying to get my brother to also sign up for stocks to trade. But he is on a bit of a budget. And discount coupons for the new year.
So true Tim 🤩
Thank you Tim!!!!
After today’s trading day. I really needed to hear this. Thank you 🙏
Getting Melissatradeservice a financial expert to manage your profits is not a bad idea
The easiest to get hold of Funds were investment in multiple outlet To me Bitcoin Trade is the best anyone can easily relate and create a steady income.
What do you think about trailing stops when something is breaking out to unexpected highs?
I want to work for you Tim
I'm a new tradier
I have potential
Love and appreciate the advice‼️
Great advice. Thank you for all the reminders.
Wonderful man !!
Thanks, Tim! Made $600 on PECK, $89.00 on SPI. Have small account, under 3k.
Tim you are my mentor! Love your videos and morning live feeds!
Awesome!! Great lessons 👌. Thx so much Tim
Crypto is the future
Solid as always.
Hey Tim! Thanks to you I was able to trade $POLA's dip and rip very effectively. Your videos are truly helpful and I just want to say I really appreciate you man.
What color is your wall?
🤟
I put 5000 in 3 years ago at a 1.40 in (CHOOM) then it went to 9 cent over the past few years
I should of checked it
So i bought back in with 2000 on 8 Cents then 9000 on 10 cents into that same company in March.
It went up to 20 Cents and i should of had 20 grand but i didn't even know how to take profit
SOOOOOOO i watched it go back to 10 cents.
Then i waited tell it hit 13 Cents and got out with 13000…. SO DUMB.
Made 6000 last week and didnt understand to take small losses.
So i gave back all my gains, once again.
I WAS GOING ALL IN… EVERY TIME
I would even go to the park while i had moves in play
AGAIN, im an idiot
I bought the new DVD pack yesterday from twitter how to make millions and im watching all of your team's videos now
Obsessed
THERE 3 HOURS A Piece. HOLY SHIT. I KNOW NOTHING
SOOOOOOO now im just watching and waiting for the right move. I had a few days i wanted to cry for sure.
I didn't understand how much strategy was involved
Just a few good moves, hard-wired. Could set you up.
It's like skateboarding
It hurts when you fail but if you bail right you get to keep playing… SO CUT LOSSES QUICK
Don't go all in
Use like 20cents or a dollar tell you understand how to make plays
If its not going your way… BAIL
What you should be more excited about is how small your losses are
Keep Them Small Guys
Stay in the game
Much Love
Sorry for writing all this.
Great video like always Tim
You are the best.ty for your wisdom
I have a cash account with e trade. Love the videos, so encouraging. Have a 7-4 job and trying to fit part time trading into that work day schedule. I keep tweeking times and strategies but not working yet, but I will find the right strategy soon. Thanks again for all that you do!
Thanks a bunch! I listen to your videos on my commute. Just stated in July made a lot of mistakes. In day trade lockdown but am using the time to study. Thank you good Sir!
Tim how much profits did you make today? How much profits did you make this month?
I needed this today @tbohen! I’ve officially become the baggiest bag holder!
thank you for everything, i watch you and sykes every day, i reminded myself this week about the 3-1 ratio, sometimes i kick my own butt, at least i am learning more everyday, my patience and hopes of making more than 3-1 gets me everytime, not much longer, i will not give up, my new used laptop is scheduled for delivery tomorrow that will handle STT program, which will make my jouney a more profitable one!!!
Solid Video. Appreciate your passion
Great video Tim!