Here's What To Do Before You Start Trading

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[Trader Expo: Sykes and Bohen Answering Your Questions]

Keyword Phrase: Trader Expo [Q&A]

I’m back with Tim Bohen, at the Trader Expo in New York City. We get a lot of questions about how to start and succeed at trading the stock market. We held a live Q&A session where we answered YOUR questions — you won’t want to miss this!

✅ Links I mention and recommend:

✅ Recommended playlists:

✅ Follow Tim Sykes and his trading travels:

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What are you going to do today that will help prepare you for the future?

TimothySykesTrader
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I just turned 60. My plan is to rigorously follow these rules so at 65 I'm in control of my future. I would give an arm or a leg to be in my 20s, 30s or 40s and spend that 5 years to be successful. Think about this guy's. In economies that are rigged... who better to look after your future then yourself?! Run out and get your four-year degree, accumulate massive debt and try to put away 10 or 20% in a savings vehicle... or minimize your cost of Education and dedicate your four years to something that does not fluctuate with the job market or employment rate! And this material does not require a degree to understand! This is as close to a Level Playing Field as you can get.
Thanks Tim(s)!

swm
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Truth is people would rather gamble then learn.. the is an art to having your money work for u properly, learning the that art in the market takes time and study, more importantly PASSION!!!! Thank you TIM SYkes for at least caring enough to show others the way

nailcarter
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I listened to this video 10 times + just to drive the message home. The focus of a beginner is not to make profits but to minimize losses and exercise discipline. BEGINNER'S GOAL IS TO MINIMIZE LOSSES, NOT MAKE PROFITS! I can't reinforce that enough.

anon
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Heard once said, intelligence is time management.. I'm going to take the time to watch and learn from all of your videos Tim, thank you

cathyolson
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You guys "R-O-C-K"! I'm actually learning! At first I was SCARED about EVERYTHING! Now I wake up and It's like "Cool, I can go watch the videos". I'm learning to see patterns. I'm learning a new vocabulary (VWAP? What's a VWAP?!?) Thank you for teaching and sharing your vast wealth of knowledge. I really enjoy seeing how each of you bring something new to the table. Thanks so much.

bikerchick
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I can't get enough of these videos. I am number 10 and I am excited for the future.

carston
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Thank you Timothy Sykes and Tim Bohen. I do enjoy the repetitiveness as I like to reinforce my own knowledge and to really drill some of the lessons into myself, as well as recognize the things that stick because those are the things that last. I do have a question, what should I rate specific catalysts? Like, earnings winners are great, but sometimes the earnings is not what the market expects. I see things like publicly announced conferences to talk about their 10-k results, even news that say they're going to do just that. I know it's just one catalyst, but it is an important one and I would like to better my understanding with it so I can start to be more proactive instead of reactive (though always maintaining discipline).

Sundance_the_Rapper
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Large numbers i.e cash can be daunting, but you explain it so well with the position size. great work, Tims.

gazza
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Turns down volume by 50%

*clicks on Tim Sykes video*

PortCapital
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New to the Trading world... Timeless guidance. Thank you Both..

jjkomer
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I am having my first interview for your student challenge and I feel like you guys will be the right fit for me. A slow steady approach with good trades is really going to benefit me in the long run.

MedEd
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the key to success is practice practice, practice, practice!!! But first study the correct way to practice. Build the foundation as said by Tim

DMRZR
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Great video to give some clear perspective for beginner traders! Simple, Accurate and to the Point!

nickfryer
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Love the straightforwardness in all the videos it's like slapping someone in the head and telling them to get their shit together.
I hope to build up my account with all your teachings and techniques and I just signed up to your challenge as well on my day off. Ima try my best to become your next millionaire student! You fucking rock bro! Thanks for your help!

Influence
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These guys sheer advice alone is worth millions of dollars

RubenLopez-xgpe
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Tim Sykes First time ive watched you other than in an ad. And i gotta say already have a ridiculous amount of respect for you. Gunna keep watching and learning.

michaelrousseau
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I am reading your blogs. Tried to check my understanding so far today. Got a profit of 23% in a pharma. Entered at 0.76 and exist at 0.99. But it has shot way above that. But yes learning and learning more. I would try to implement the learning.

rajkumargautham
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Best stuff ever... If you don't get it. Then this video is so much fun! We can learn from each other. Lets keep going. Thank you team!

r.h.
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Awesome, informative for a newbie like me 😊

chuckconcha