🔴 Want to learn more from Tim Bohen, check out StocksToTrade Pro: https://bit.ly/2XUGI4U
🔴 Try StocksToTrade for $7: https://bit.ly/2VFvluA
Today, Tim Bohen and Michael Hudson (aka Huddie) tackle another viewer question. Let’s say you build a watchlist, prepare, and have a trading plan ... And then it falls apart. Now what? Tune in to learn how to approach the market when your premarket plans don’t work out.
🔴 Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade
👉Share this video with a fellow Trader: https://youtu.be/qrjYFhsSRtk
✅ Links we mention and recommend:
🔴Try StocksToTrade for $7: https://bit.ly/2VFvluA
🔴Get our FREE weekly watchlist here: https://bit.ly/3eDrpDq
🔴Traders Blueprint Free Guide: https://bit.ly/3bpSMyM
🔴Check out the SteadyTrade podcast: https://www.steadytrade.com/
✅ Recommended video: https://youtu.be/op_qbzcs6OI
✅ 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
So what should you do when your trading plans are crashing … Do you scrap everything and trade anyway?
Think of it this way ... You’ve got trading plans and rules for a reason. Just because you can't act on them doesn't mean you should be a degenerate gambler and try something else.
So say you’ve got six stocks on your watchlist, and five of them fail. That’s actually a good thing. Why? It has everything to do with focus. And sharper focus in the markets can mean smarter trades.
So which do you think is better? Following one stock or trying to follow several at once?
This is why your research matters. Learn to be selective. Not every stock will run. The majority fail. But what makes the stocks that don’t fail worthy … A catalyst? Volume? A hot sector? Find out how you can narrow your focus and what you need to know for your strategy.
Remember, one of the great things about trading is the freedom it can give you...
If your plans don’t work, it’s OK. Walk away from the market and do something else. There’ll always be another trading day and another opportunity.
You can't master everything in the market.
Tune in to learn how many maximum setups you should have and why you should be happy when nothing fits your criteria. It’s all part of the process. Trust the process.
#StocksToTrade #StockMarket #PreMarket
*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://bit.ly/2VFvluA
Today, Tim Bohen and Michael Hudson (aka Huddie) tackle another viewer question. Let’s say you build a watchlist, prepare, and have a trading plan ... And then it falls apart. Now what? Tune in to learn how to approach the market when your premarket plans don’t work out.
🔴 Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade
👉Share this video with a fellow Trader: https://youtu.be/qrjYFhsSRtk
✅ Links we mention and recommend:
🔴Try StocksToTrade for $7: https://bit.ly/2VFvluA
🔴Get our FREE weekly watchlist here: https://bit.ly/3eDrpDq
🔴Traders Blueprint Free Guide: https://bit.ly/3bpSMyM
🔴Check out the SteadyTrade podcast: https://www.steadytrade.com/
✅ Recommended video: https://youtu.be/op_qbzcs6OI
✅ 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
So what should you do when your trading plans are crashing … Do you scrap everything and trade anyway?
Think of it this way ... You’ve got trading plans and rules for a reason. Just because you can't act on them doesn't mean you should be a degenerate gambler and try something else.
So say you’ve got six stocks on your watchlist, and five of them fail. That’s actually a good thing. Why? It has everything to do with focus. And sharper focus in the markets can mean smarter trades.
So which do you think is better? Following one stock or trying to follow several at once?
This is why your research matters. Learn to be selective. Not every stock will run. The majority fail. But what makes the stocks that don’t fail worthy … A catalyst? Volume? A hot sector? Find out how you can narrow your focus and what you need to know for your strategy.
Remember, one of the great things about trading is the freedom it can give you...
If your plans don’t work, it’s OK. Walk away from the market and do something else. There’ll always be another trading day and another opportunity.
You can't master everything in the market.
Tune in to learn how many maximum setups you should have and why you should be happy when nothing fits your criteria. It’s all part of the process. Trust the process.
#StocksToTrade #StockMarket #PreMarket
*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.
how come im not seeing daily recommendations … I really look forward to seeing them and they now seem to be sporadic
Knowledge Account Increased
Love you guys. You two do a great analysis and give great tips.
Excellent video lesson!
6 ft away $ino long as well as $aim
In one of Sykes videos, he said he gets out of a trade when it dips below 3-5%. Do you have a percentage you look at to get out?
Huddie your hand alright bro? Tim nearly ripped off your arm. lol
What’s the otc swizzle?
Excellent Video! Short & Sweet!
Side note – Will there be a special on the monthly rate for STT?
Thank you Tim, Huddi, and STT team for putting out this video. It was really helpful !!
Good team.. Can't argue with the advice!
How much is pro?
How do you decide a short off a premarket runner or after hours green?
Good day. I’ve been studying since February, I have no account, no stockstotrade tool, no money, yet quite frustrated due to all this; I watch as much as Sykes DVD on YouTube, go the Checklist DVD, nevertheless missing so much more… please advise me as to how to proceed??
Do you teach Canadian traders? I have been watching videos and listening to webinars, I’m still not any closer to trading. Partly clueless and partly fearful. Ready for help!
Happy that this video showed up.
I was looking at SAEX, COCP, PECK and ATIF. Low free float with good news, gapped up premarket, hoping for them to spike, and drop around VWAP. They all gave me the finger and crashed below what I was expecting. My plan just got pummeled. Question here is, when reviewing previous winners and losers, how many additional criterias do you think about when checking why these current trades failed when previous ones with roughly the same characteristics succeeded before you're analyzing so much it causes action paralysis?
Good one here. Really easy to force trades especially when you're under PDT and 'have 2 trades that you have to use this Friday'.
Hey tim and huddie. My question for you is I have studied this past year. I like to look at it as hours not years because I put so much time in it. Hours watching videos/webinars. I have been trading for 5 months. I have won 7 trades in a row and then I have also lost 4 in a row. I feel I am this close and I am right where I need to be in my trading journey.Can you give me advice on your mindset/strategy to cut these losses quick. My problem in which I am working relentlessly to overcome is I feel that if I just take a little pain it will come back in my favor.. I am wrong. I know sykes says cut losses quickly and I am focusing on doing that but please give me a tad bit of advice as to know to cut my losses quick and another problem I stopped too was trying not to be wrong which is the stupidest thing I have done but that is out of my mindset.sorry so long always critiquing myself.