Really like this guy Alex Timiz...he is real.. simple and straight forward on his plan and upmost willing to share his experience...it's valuable information...tks humble trader for the setting up of this conversation..great help🎉
The two key things I think all successful traders have in common are Grit to keep trying and the adaptability to change mindset based on the available data.
This is a good one. I love these interviews. I immediately paused at 42:15 and made a list of my strengths and weaknesses. Strong: Stock Selection, Resilient, Understanding Levels. Weak: Impatient, Emotional, and Easily Distracted.
What a great interview. This gentleman took the "you can't lie" pill. His level of honesty is refreshing, especially the "get rich to get back on his dumper" part 😂
I have only been trading consistently for 6 months now. Been in the market for over 10 years but more as an investor. I definitely have fomo and struggle with sizing trades. I have a lot to learn. Love your videos!
I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
hank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
The key is to have plenty of cash or margin to deploy at the depths of a crash. In 2007 I went to cash in my small trading account. My broker flipped out. Financiers were giving no money down, 0% ARM mortgages to anyone with an electric bill. This seemed like a bad idea to me, and I figured in 18-24 months, the first reset of the ARM would be up, and tons of marginal, leveraged people would default. I was right, and in Q4 of 2008 and Q1 of 2009 I bought $12,000 of San Disk, Ciena and Teradyne, and held them for 6X. Then I bought dividend stock for my upcoming retirement, some of which I still own. It's not a $M story, but it worked to make my retirement more comfortable.
With nearly half of my stock holdings in a tech stock at an all-time high, I've sold and now have around $400k. Considering potential inflation, should I invest in ETFs or wait for a market correction?
You are right, best approach i feel is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.>
True, some folks employ hedging strategies or devote a portion of their portfolio to defensive assets that perform well during market downturns and such pointers are provided by engaging the services of market experts just like i did in 2019, amid rona-outbreak, and as of today, i can boost of a 45% enhancement on my $1m portfolio after acquiring assets recommended by my advisor.
NICOLE DESIREE SIMON is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé .
Hello I am a 5 year veteran trader who is offering mentor ship for 20$ and hour Disclaimer I am not consistently profitable trader I am a break even trader this is why I am charging for mentorship If your interested let me know Thank you
Excellent! Shorts small cap by support & resistance. Trade first hour of the day, use resistance from pre market. Made $1M in 55 days. Says money is not everything, happiness is better. Diverse profits into other things like real estate, etc. Thanks for sharing.
I Never can't stop Listening to this Guy. very Eloquent speak if you see somebody that talk from the heart you will know, also Shay you should Apply for A CNN as parttime Job you always ask Inteligent questions.
I found picking one stock, studying it, the trend. And playing that stock only. If I do other stocks I lose money. But when I play my one large cap I’m good
Great stuff thanks I been trading part time for 3+ yrs and back down to zero seems I need to study ore and will be checking out the RU-vid channels posted. what trading platforms do you guys trade on ???
Shay thank you for the good content as always. You rock. I think it would be grateful and helpful to bring more people like Lance or Aziz for a live trading and analyzing while interviewing. I think it would be an amazing event
Humbled Trader Thank you for your help.I noticed i quickly loose money when i trade penny stocks . On the other hand i make very small gains when trading big banks stocks .Should i quit penny stocks all together or should i learn more better strategies
I’m watching this video for a second as I try to gain understanding of the Trading Game. I’m interested in moving in this direction once I get a grasp of the process. I comment to say, I’m not sure why all the criticism is coming this guys way. He seems like a good dude trying to provide an illustration of his journey as an example of what & what not to do. He seems credible to me based on his examples provided. To the moderator, I hope to meet you down the road for an interview when I make it. U do an excellent job of bringing to life the profession & opportunity for learning. Thank U for knowledge. It’s an eye opening experience to say the least. Very informative w/ all of the interviews I’ve seen thus far. Keep up the good work✊🏾✊🏾✊🏾
Great show! What he was explaining about different sizes based on the quality of the set up, is exactly what I was struggling with. OMG I was winning more times than I was losing but couldn’t get ahead because I was using the same size on my entries which resulted in a lot of little wins but a few larger losses that slowly bled my account. Wish I had seen this video 4 weeks ago. Thanks so much.
Top advices 1.Set max loss with your broker. 2. Set Max postion size. 3.Use hard market stops. 4. Find communities wirh genuine learning environment. 5. Divwrsify your profits from trading
I put $1500 in July and been going up and down. Haven't gone to zero yet, closest to zero I've been is $51 Maybe 2024 will get me up there. Thanks for the watchlist.
How can you stop loss your position on penny stocks with such low liquidity? I realy dont understand, surely there are such a low number of buyers around for exiting your position or because you are just borrowing the shares it doesnt matter? You just give them back to the broker, confused. How do you buy back the shares without driving the price up?
I just came across your video and found your content very interesting. Several years ago I bought some stocks and loss badly during COVID. Recently I have been thinking about retirement and wanting to put things in place for that. Trading I thought I should look into, hence landing on your videos. I would definitely like to connect with you. I have been watching your videos and taking notes and research.
This was a great interview as always. My goal is to make enough where my wife doesn't have to work in a "9-5", our parents can completely retire AND have a little left for my kid to have a good cushion to startup his adult life....
Truly enjoyed this interview, Shay. Alex shared some valuable info that will surely help me in my future trades as well as being smart with the money that I make.
I enjoyed this video based on the trading but after watching it all the way through I got so many more valuable things from it. I liked the phrase he said that money helps you do the things you enjoy. Such a great video.
tell me your next trade please. I too thought I was a curse on stocks I bought. I am out of that now. trading dollar stocks? I trade high dollar stocks. Making thousands every minute scalping.
I paper traded for one year. A very good disciple. I learned ALOT! I spend about 4 hrs a day to focus on what my trades will be. I love to focus on the losers in the day. The big ones. Success rate is 78%. Great video. Keep it up.
Hello I am a 5 year veteran trader who is offering mentor ship for 20$ and hour Disclaimer I am not consistently profitable trader I am a break even trader this is why I am charging for mentorship If your interested let me know Thank you
Really excellent interview. I will certainly watch many more. Like they say, to really succeed at this you must really love markets and trading. There is no way I could explain the countless thousands of hours of hard work I put into learning, reading, writing software, but mostly into many thousands of trades, learning with real money, yes even making every mistake in the book along the way. But now I make far fewer mistakes, and finally reached a very lucrative and comfortable position in my trading. It's funny how it is such a struggle at first, or even for years, but then finally you can break through to real success and making very good money almost daily comes easily.
I'll tell you how and do this immediately. First put all your savings including emergency funds on one stock (i recommend sgml) and DO NOT use a stop loss. You're welcome
Humble trader .your going down this path .You are a legit trader . Why interviewing these fake traders for click bait . turn $2k into millions a month in a couple yrs .
this interview had me constantly appreciating (amazed too at how honest and selfless the guest is) and agreeing with the advices and wisdom the wonderful guest you had here kept sharing and sharing with an honest desire to be be understood clearly so that it helped and benefitted us beginner traders. a big thank you to the guest. may the Universe bless him. thank you so much for this very helpful video that you have shared for our benefit. may the Universe bless you too. i have added it to the Trading Playlist i have here on RU-vid where i only add the best of the best trading videos out here
Always short at resistance and cover at support. If you keep trying to buy the breakout, it doesn’t work. Are you shorting and selling at resistance, are you buying or covering at support?! get the sidechick, not the hot chick very very good interview, thankyou!
