Awesome! He had his baby boy soon after I had mine. Lol I understand! I'm focusing on the breakouts like in pennystocking dvd. That was my "ah ha" dvd by seeing chart after chart after chart after chart after chart after chart... lol now waiting for those setups and just figured out how to use the Scans on StocksToTrade kuz I'm slow. Lol.. now finishing the Moscow seminar then a few more of the long videos before I dig my nails into the 6k archives that I'm excited for!
Hi Tim. I've just recently started tuning into your videos. Have only been buying stocks for roughly a month now, accrued a total of a $100 bucks on a 4k investment of shares. Decided to purchase your course and recommended a friend. Quick question. What trading software do you recommend?
Just finished my 30 day bootcamp, you said listen to the steady trade podcast and funny thing is I've been listening to it since day 1 of bootcamp while I'm at work. I'm like 2/3rd the way thru the entire podcast. I'm studying as much as I can everyday it's a marathon not a sprint.
This was an amazing interview! Seeing how humble Tim G. is always motivating and also knowing he went from $30, $50 gains to losing hundreds of thousands of dollars to now being over 8 million! Thank you both for the advice!
Tim Grattani get the point!!! Take your time!! Need it ,cause need to know ,need time ,need to make , unfortunately ,mistakes. But all of us need to learn from them. At the end of the day , I’m 48, is a life rules. Isn’t just a trade. Without discipline, patience self control you don’t go anywhere. Money is the result of your behaviour. That’s applicable to a real life as well. Thanks guys
I am still amazed how Tim Grittani was able to handle the pressure at the beginning. I remember hearing long time ago Tim telling about the parents giving an "ultimatum" having to make $10K within certain time in order to continue trading. I couldn't have done it under such pressure. What a great, honest trader though. And congrats for the baby-boy! Your life will never be the same again - good, yet challenging way.
What Grittani went through is exactly matching what I've been through so far. I am in the phase of realizing I am trying to trade way to much and not only the best setups. Before even watching this video I realized all my good trades were multi day breakouts after going through my data!! Hopefully I continue going through what he did until present day 😂
Im putting in all the effort I can study to aspire to be anything close to Tim Grittani. This guy is amazing in his story and his efforts that translate to his success. It's been tough getting through the endless hours of studying with having ADHD but I will say this is a therapy for me. I love learning this and it never gets old.
Before I got into trading, I used to play roulette (casino & online) semi-regularly. Actually did pretty well, more often than not. The parallels between gambling & trading mindset/emotion are striking, virtually identical in fact. I always noticed that the difference between a winning and a losing session was mostly about having my head together, being in a good emotional state... almost Zen-like. Certainly, a really bad loss could be directly attributed to losing that optimal state, and as a result breaking rules like: 1. Risk only what you're prepared to lose. 2. Don't go crazy chasing losses ... and so on.
Thanks to both of you for this information. This is so valuable, especially to me as a new challenge student. Tim Grittani, thank you so much for describing your first 9 months of your journey. That helps me so much being new and one day feeling like I'm on the right track and the next day I suck because I took a huge loss. So I appreciate your honesty and candor.
I'm just beginning my penny stocking journey. I've had to adjust my mindset and my study habits. Just my overall way of viewing stocks in general. I've learned that it's a test of your willingness to change your habits and psychology. You have to constantly be honest with yourself about how what you doing right and what you need to work on. This is a process that takes time. It doesn't happen overnight. Always keep an open mind and learn from others.
Love widening the mindset!!!! Trust the process!! "Follow your results" I love that!!! Another invaluable video with golden nuggets!!! TRUSTING THE PROCESS
THANK YOU TIM & TIM. I LOVE seeing this conversation here later in 2019. As someone just starting to look into this trade literally in the last 2 weeks it is GREAT seeing a conversation like this near the time I am learning and watching all the older videos. Thanks!
Loved the interview, I've watched all the interviews with Tim and each one helps me in my journey hearing what he went through also. Thanks for everything.
Great interview guys, why I didn't find you years ago... well I am here now and every single decision I made so far has led me to find you here today. Getting ready for the challenge.
Thank you Boss, Bootcamp almost complete except for the 30 day youtube videos. My next step will be your challenge when I can get the funds together. Until then I'll finish up the silver videos and revisit the bootcamp along with DVD's to keep the education going. Save me a seat, I'm coming soon I hope!
Go long, Tim G: - $3-$20 stocks gapping-up with a catalyst - low float (under 50M), high relative volume - let them breakout past the opening range - first or second consolidation after the breakout - stop: low of previous 5 minute candle - entry: first five minute candle to make a new high, ideally with a good 1 minute chart (e.g. ABCD) - exit: 50% at the high of the first 1 minute candle (base hit to reduce risk), adjust the stop to the entry point - other exit signals: when the 9ema crosses the 20ema; or once it has broken above a half or whole dollar; or once the volume of the 1 minute candles starts o decrease...
Hahaha, you called the shipping stocks! They got hot again, for sure. Good call! History is how we learn the most. If you lose, that's history: learn! If you win, that's history: learn! LEARN!
6:50 This is exactly what happened to me last week. Was shorting gappers and had a good few days but broke several rules. Friday comes, SYPR comes, same setup, broke same rules, gave back all my profits
Learnings (as far as I understand from this video) Don't over trade.. Cut your losses quickly.. Have a right mindset.. Have a patience... Wait for your setups.. Thank you..@Timothy Sykes and @Tim grittani
I'm so glad Grittani said that he's trying to automate his data gathering. I've been doing that for the past month or so coding setups on the intraday data as i've heard it from you Tim S, Bohen, Dux(which pretty much confirmed coding data as he's on the next level for data analysis). Been coding in Python for a few years so it's pretty easy to do and Googlesheets is free storage so I can have the entire intraday market for every ticker for the past 20 years into a spreadsheet and then manipulate it at will. Things are starting to click but haven't found my favourite pattern yet. I do like Tim Bohen's "Dip and Rip" though. just can't nail it on the head. and i'm definitely not fast enough getting in and out of orders and calculating my stop levels. Question Tim Sykes (if you read older videos) Do you use hotkeys to enter and exit?
He does not use hot keys. I saw i. A different video that he said he usually enters set-ups that are ideal enough that he does t have to rush an order.
I agree about the comments about Cryptos in Coinbase. I missed the ramp up in Bitcoin, but found Ethereum that same fall of 2017. I went to try to lock in my profits from Ethereum to pay my nursing school tuition. Couldn't sell all my Ethereum. Then Ethereum crashed from 1300 back to 350. Lost a couple thousand. I just stick to Etrade and Merrill Lynch now.
At 49:00, what I believe I heard you say, subtly, is that you should prioritize making good decisions when you do make trades, not simply trade to trade because of your goal. Pretty close?
@@TimothySykesTrader The whole thing from start to finish. The better I understand how your top students think the greater my understanding. And now to continue where I left off with Pennystocking Part Deux :D
Do you have a video on short Squeeze and what does it mean? been learning forex Giving penny stocks a try .. Even though everybody says go to options ..
New to trading just recently opened up an account and just getting my feet wet in the market to get those emotions in play too, what should I learn first? Don’t know too much about the strategies where should i start, willing to learn and wait but there is just so much data out there and having a hard time trying to filter out the bad information
watched//// ive gone back to look at grittanis very first trades and see how his position size and his profits he wasn't trying to make money he was just learning the process and that's what I am doing I got a bit ahead of my self and was trying to make a profit not realizing I was seeing my self up for disaster so I have sized down to 5 to 10 shares max im focused on learning the process
Great Interview Tim & Tim, i have 2 questions: 1. with which broker you work that you have available shorts all the time 2. i have problem that i am not taking profit, i mean once i start to win 10, 20 cents per share i go out even it is end with 1, 2 dollars per share Thank you
The Intelligent Investor - find good companies and find its value, buy it when the market is selling it far below its value. This is Tim's sykes day trade equivalent of dip buying stocks on good news/ fundamentals. What they do is basically the same concept, but just on very different time scales. Buying a stock that is strong when it is on a temporary discount.
Thanks tim , I've been watching you for eight months only made three trades, took my time and studied , dont trade alot witch gave me power over fomo and emotions, just watching stocks setup , profitably silver student, thanks tim s , tim g you guys rock!
Where the hell has Grittani been for the past 18 months? His online presence has gone to nearly zero! He's such a natural online, he needs to throwing some weekly or at least monthly content out lol
he's been too busy becoming a dad and making a million in trading along with giving several tim.ly/sykesmc student webinars, get in my challenge if you want to see, otherwise stay confused, your choice
Bad deal last week: I was supposed to exit on Tuesday Pharmaceutical company turn and just almost NTEC at $1.50 . Bought in at $0.75 i waiting two weeks for last Tuesday and i made a big mistake i was busy with surgery. An stock goes up 8:30@ 9:30am and it killed my position because i put and waited a lot put thought in this company and to miss this my health come first i should have set to sell. An on tilt position i can't stop thinking about it. But it could do again its at 1.09bid ask 1.10 study study study
![ARGENTINA vs. BOLIVIA [6-0] | RESUMEN | ELIMINATORIAS SUDAMERICANAS | FECHA 10](http://i.ytimg.com/vi/C3wPtKNbAOA/mqdefault.jpg)
Where are you in your trading journey? What adjustments have you had to make? What did you learn from Grittani's experience?
Awesome! He had his baby boy soon after I had mine. Lol I understand!
I'm focusing on the breakouts like in pennystocking dvd. That was my "ah ha" dvd by seeing chart after chart after chart after chart after chart after chart... lol now waiting for those setups and just figured out how to use the Scans on StocksToTrade kuz I'm slow. Lol.. now finishing the Moscow seminar then a few more of the long videos before I dig my nails into the 6k archives that I'm excited for!
Be patient and let the trade come to you 🔑
Hi Tim. I've just recently started tuning into your videos. Have only been buying stocks for roughly a month now, accrued a total of a $100 bucks on a 4k investment of shares. Decided to purchase your course and recommended a friend. Quick question. What trading software do you recommend?
@@chrispitre4628 Stocks to trade? what are you referring?
@@jmmmays9959 gooood, use stockstotrade.com
Cut losses quickly. It’s that simple.. there’s no reason to force trades sit on your hands. Tim has been saying that for years.😊
Tim G and Tim S always have the best smooth, funny, and informational interviews. Always a treat.
:)
Gritanni is the absolute man. His clarity is staggering.
Just finished my 30 day bootcamp, you said listen to the steady trade podcast and funny thing is I've been listening to it since day 1 of bootcamp while I'm at work. I'm like 2/3rd the way thru the entire podcast. I'm studying as much as I can everyday it's a marathon not a sprint.
NICE 👏 keep it up!
This was an amazing interview! Seeing how humble Tim G. is always motivating and also knowing he went from $30, $50 gains to losing hundreds of thousands of dollars to now being over 8 million! Thank you both for the advice!
Tim Grattani get the point!!! Take your time!! Need it ,cause need to know ,need time ,need to make , unfortunately ,mistakes. But all of us need to learn from them. At the end of the day , I’m 48, is a life rules. Isn’t just a trade. Without discipline, patience self control you don’t go anywhere. Money is the result of your behaviour. That’s applicable to a real life as well. Thanks guys
I am still amazed how Tim Grittani was able to handle the pressure at the beginning. I remember hearing long time ago Tim telling about the parents giving an "ultimatum" having to make $10K within certain time in order to continue trading. I couldn't have done it under such pressure. What a great, honest trader though. And congrats for the baby-boy! Your life will never be the same again - good, yet challenging way.
What Grittani went through is exactly matching what I've been through so far. I am in the phase of realizing I am trying to trade way to much and not only the best setups. Before even watching this video I realized all my good trades were multi day breakouts after going through my data!! Hopefully I continue going through what he did until present day 😂
Have you been able to adjust your strategy?
Tim has an out body experience in the first 25 seconds
Im putting in all the effort I can study to aspire to be anything close to Tim Grittani. This guy is amazing in his story and his efforts that translate to his success. It's been tough getting through the endless hours of studying with having ADHD but I will say this is a therapy for me. I love learning this and it never gets old.
And yes, it’s 2024 and I still watch these videos at least twice a week and I watch the old ones with Jack Kellogg
🙌🙌💯
Before I got into trading, I used to play roulette (casino & online) semi-regularly. Actually did pretty well, more often than not.
The parallels between gambling & trading mindset/emotion are striking, virtually identical in fact.
I always noticed that the difference between a winning and a losing session was mostly about having my head together, being in a good emotional state... almost Zen-like.
Certainly, a really bad loss could be directly attributed to losing that optimal state, and as a result breaking rules like:
1. Risk only what you're prepared to lose.
2. Don't go crazy chasing losses
... and so on.
good lessons to learn early on 👐
Thanks to both of you for this information. This is so valuable, especially to me as a new challenge student. Tim Grittani, thank you so much for describing your first 9 months of your journey. That helps me so much being new and one day feeling like I'm on the right track and the next day I suck because I took a huge loss. So I appreciate your honesty and candor.
I'm just beginning my penny stocking journey. I've had to adjust my mindset and my study habits. Just my overall way of viewing stocks in general. I've learned that it's a test of your willingness to change your habits and psychology. You have to constantly be honest with yourself about how what you doing right and what you need to work on. This is a process that takes time. It doesn't happen overnight. Always keep an open mind and learn from others.
Love widening the mindset!!!! Trust the process!! "Follow your results" I love that!!! Another invaluable video with golden nuggets!!! TRUSTING THE PROCESS
Thanks for this interview, Tim. Now it's time to interview Steven Dux again )
agree!!
steven dux hates him lol
@@chaseramos4865 OH I didn't know that. He probably misunderstands Tim because they are so different.
Hates him ? If it wasn’t for Tim he wouldn’t have a fucking dime!
@@FukumoneY Its God who blessed him and gave him the money and he is the only one who can take it from him
THANK YOU TIM & TIM. I LOVE seeing this conversation here later in 2019. As someone just starting to look into this trade literally in the last 2 weeks it is GREAT seeing a conversation like this near the time I am learning and watching all the older videos. Thanks!
I will study up, great information from both of you. These advices will improve my trades. Thank you Tim G. And Tim S.
Excellent!
Thank you Tim Sykes and Tim Grittani for wonderful interview I learn so much.
going through Grittani webbies and I came across this one earlier today -- this is a great interview. back to the books...
Loved the interview, I've watched all the interviews with Tim and each one helps me in my journey hearing what he went through also. Thanks for everything.
Great interview guys, why I didn't find you years ago... well I am here now and every single decision I made so far has led me to find you here today. Getting ready for the challenge.
Thank you Boss, Bootcamp almost complete except for the 30 day youtube videos. My next step will be your challenge when I can get the funds together. Until then I'll finish up the silver videos and revisit the bootcamp along with DVD's to keep the education going. Save me a seat, I'm coming soon I hope!
U guys totally are discussing my current situation right now. Kept on making the same mistakes over and over again. Kind of frustrating.
Tim goes ape shit @ .19 seconds of the video a must meme , love u Tim, you are a true Wall Street warrior and great person !!!!!
Thank you Guys!!! Re watched Great Lessons!!!!
Go long, Tim G:
- $3-$20 stocks gapping-up with a catalyst
- low float (under 50M), high relative volume
- let them breakout past the opening range
- first or second consolidation after the breakout
- stop: low of previous 5 minute candle
- entry: first five minute candle to make a new high, ideally with a good 1 minute chart (e.g. ABCD)
- exit: 50% at the high of the first 1 minute candle (base hit to reduce risk), adjust the stop to the entry point
- other exit signals: when the 9ema crosses the 20ema; or once it has broken above a half or whole dollar; or once the volume of the 1 minute candles starts o decrease...
Hahaha, you called the shipping stocks! They got hot again, for sure. Good call! History is how we learn the most. If you lose, that's history: learn! If you win, that's history: learn! LEARN!
I watched it couple of days ago.
Lovely 😊 thanks for mentioning it on Twitter.
Very useful Tim. 👍🏻
6:50
This is exactly what happened to me last week. Was shorting gappers and had a good few days but broke several rules.
Friday comes, SYPR comes, same setup, broke same rules, gave back all my profits
Learnings (as far as I understand from this video)
Don't over trade..
Cut your losses quickly..
Have a right mindset..
Have a patience...
Wait for your setups..
Thank you..@Timothy Sykes and @Tim grittani
That's right! Great takeaways.
let tim talk more tim
He's just happy for him you got to think he's changing people's lifes
Hahaha
Which tim are you referring to lol
I'm so glad Grittani said that he's trying to automate his data gathering. I've been doing that for the past month or so coding setups on the intraday data as i've heard it from you Tim S, Bohen, Dux(which pretty much confirmed coding data as he's on the next level for data analysis). Been coding in Python for a few years so it's pretty easy to do and Googlesheets is free storage so I can have the entire intraday market for every ticker for the past 20 years into a spreadsheet and then manipulate it at will. Things are starting to click but haven't found my favourite pattern yet. I do like Tim Bohen's "Dip and Rip" though. just can't nail it on the head. and i'm definitely not fast enough getting in and out of orders and calculating my stop levels.
Question Tim Sykes (if you read older videos) Do you use hotkeys to enter and exit?
He does not use hot keys. I saw i. A different video that he said he usually enters set-ups that are ideal enough that he does t have to rush an order.
My losses were all good lessons. They have been helping me refine my strategy.
good! 👍
Sykes is tickled by Grittani's small (big ass) losses! lol Always awesome and informative! Thanks to both of you guys!!!!
What do you consider to be a low float stock
Superb interview many thanks
Glad you enjoyed it
I'd love more webinar based content from really any of the Tim's to be at least made available to Pennystocking Silver subscribers.
I love tg man one of the most likable guys in trading
Thank you!
Another good one! Thanks!
You bet!
Watching And Analyzing!
keep it up!
I agree about the comments about Cryptos in Coinbase. I missed the ramp up in Bitcoin, but found Ethereum that same fall of 2017. I went to try to lock in my profits from Ethereum to pay my nursing school tuition. Couldn't sell all my Ethereum. Then Ethereum crashed from 1300 back to 350. Lost a couple thousand. I just stick to Etrade and Merrill Lynch now.
At 49:00, what I believe I heard you say, subtly, is that you should prioritize making good decisions when you do make trades, not simply trade to trade because of your goal. Pretty close?
You both are sources of inspiration. :)
Hi Timothy how many hours do you need to spend a day purchasing and doing trading to gain profit??
as many as it takes to make a profit! 😎there is no number of hours spent that will make you profitable if you don't know what you're doing
@@TimothySykesTrader Thanks Tim I hope you come and do a seminar in Sydney Australia soon?
Had to keep refreshing this video as soon as it popped into my email
did you watch?
@@TimothySykesTrader The whole thing from start to finish.
The better I understand how your top students think the greater my understanding.
And now to continue where I left off with Pennystocking Part Deux :D
Awesome interview
Thank you!
What a great interview.
thanks!
Do you have a video on short Squeeze and what does it mean? been learning forex Giving penny stocks a try .. Even though everybody says go to options ..
Here's some info: www.timothysykes.com/blog/understanding-a-short-squeeze/
New to trading just recently opened up an account and just getting my feet wet in the market to get those emotions in play too, what should I learn first? Don’t know too much about the strategies where should i start, willing to learn and wait but there is just so much data out there and having a hard time trying to filter out the bad information
Go have a look on Tim’s website
It's true patterns repeat themselves. Funny how you mentioned CEI and right now same thing happened short squeeze then crushed back down
watched//// ive gone back to look at grittanis very first trades and see how his position size and his profits he wasn't trying to make money he was just learning the process and that's what I am doing I got a bit ahead of my self and was trying to make a profit not realizing I was seeing my self up for disaster so I have sized down to 5 to 10 shares max im focused on learning the process
trade journal is def helping.
Great video Tims!
Glad you enjoyed it!
Knowledge Account Increased
Great Interview Tim & Tim, i have 2 questions:
1. with which broker you work that you have available shorts all the time
2. i have problem that i am not taking profit, i mean once i start to win 10, 20 cents per share i go out even it is end with 1, 2 dollars per share
Thank you
I believe he uses centerpoint securities
@@capehorn1159 thanks
The Intelligent Investor - find good companies and find its value, buy it when the market is selling it far below its value. This is Tim's sykes day trade equivalent of dip buying stocks on good news/ fundamentals. What they do is basically the same concept, but just on very different time scales. Buying a stock that is strong when it is on a temporary discount.
This was good. Thanks.
Love it, thanks guys
Congrats Tim.
Thanks to the Tims👍🙂
Very good commentary! Great video
Glad you liked it!
another good video Tim! well done!
Thanks tim , I've been watching you for eight months only made three trades, took my time and studied , dont trade alot witch gave me power over fomo and emotions, just watching stocks setup , profitably silver student, thanks tim s , tim g you guys rock!
Where the hell has Grittani been for the past 18 months? His online presence has gone to nearly zero! He's such a natural online, he needs to throwing some weekly or at least monthly content out lol
he's been too busy becoming a dad and making a million in trading along with giving several tim.ly/sykesmc student webinars, get in my challenge if you want to see, otherwise stay confused, your choice
Congrats Tim !!!
Are Tim G. webinars on youtube?
So, don't let the emotional heartache of past losses dictate your moves in the present and future. Start every day fresh. Interesting.
What sites do you go to to find info on OTC and NASAQ stocks?
USE stockstotrade.com
Definitely a good video to think about.
Awesome!
Glad you think so!
Great clip Tim!
Such an inspiration
If I were to spend money on one penny stock educational resource (DVDs, Silver Subscription, etc.), what would be the most beneficial?
if you're serious, join my challenge bit.ly/2N3TaaL :)
Fighting for consistency trying to trade only the best setups for me and my schedule , trading like I’m retired lol
Why do you have to take a $500,000 loss? If you're a day trader, do you have to sell the same day you buy?
How much is Tim Grittani's DVD?
Two trade rule no matter the size
YES
thanks
you got it!
Another fucking great video lesson down
Where can I buy trading tickers at? And htmm ?
See tim.ly/bfday
I love your gold Rolex Daytona.
I love David Goggins! haha
you knew it was a halt risk? what the company with no news? the company lying on news?what do you mean of it being a halt risk
Which was your next car
Are penny stock promotions still a thing?
💯
Bad deal last week: I was supposed to exit on Tuesday Pharmaceutical company turn and just almost NTEC at $1.50 . Bought in at $0.75 i waiting two weeks for last Tuesday and i made a big mistake i was busy with surgery. An stock goes up 8:30@ 9:30am and it killed my position because i put and waited a lot put thought in this company and to miss this my health come first i should have set to sell. An on tilt position i can't stop thinking about it. But it could do again its at 1.09bid ask 1.10 study study study
Yes nothing worse then knowing you missed a great trade...
For this response i know you feel my pain.
Video 2 complete.
I’m watching 😎
Can Tim Sykes teach me everything?
You can learn everything you need to know if you study up!
My next son, I will be naming him Timothy!!! 😂
😂🙌
what is the PDT rule
Read this: www.timothysykes.com/blog/pattern-day-trader-rule/
Is there any guidelines of methods? Please help, folk
see my free tim.ly/pennystockguide guide
At the Charlotte airport my two goto traders
Even at Tim Gaittani's young age $8.6 million dollars can last more than his family's lifetime to live off of.
he keeps earning more too, now $9.6 million :)
That’s so sick 😄
Thanks Byron!
ordered the intelligent investor on ebay look forward to reading it
How was the read?
Maybe its just me seeing something non existent but does anyone else feel since like June2019 Pharma companies have been the hot market?