This one probly has the best/most useful answer of all the questions:
You might’ve read the first Q&A HERE, and the second one HERE, and/or the third one HERE, but below is the 4th q&a:
What is the most valuable lesson you have learned about PennyStocking from Tim? What has learning this lesson allowed you to do?
As many of the 760 answers that can fit on my blog without pissing off WordPress:
Not to be timid when it comes to trading pennystocks
not to fear penny stocks allowing me to overcome trading fear
cut losses and find the breakouts
I have not taken a lesson yet
can’t answer as I am just starting out
His greatest loss, which he has no shame in flaunting, shows just how much is at risk, but also how to “stay in the game” as he so often emphasises.
Haven’t learned much from the website, I’m taking the survey just because have been receiving these promo emails.
cut losses quickly, dont take big risks
cut losses early
i just joined a day ago. So, still need to learn from him
cut losses quickly.
That it is all a scam and manipulated.
Don’t over trade, wait for the perfect setup and be conservative. Kept me out of plays I shouldn’t be in, prolly saved me from losing $
Get in early, get out fast while the going is hot….
cut losses
To avoid making emotional trading decisions. This has allowed me to practive restraint when trading.
trust no one
be safe, evaluate patterns related to news
not to be an investor , be a trader
Have a better understanding of PennyStocking and its options
lock your gains, they go as easily as they come.
I now can go the bathroom instead of wearing a diaper.
Quick to cut loss
It is a valid and potentially lucrative market.
Cut when you start to lose!
That the rewards for doing your hw pays off. Make MONEY
be skeptical
Probably the most important thing i learn is not how to make money, but how to take loses. No coulda woulda shoulda stuff and it is ok to take loses, but make sure to take them quickly because they can become disasterous.
Don’t get sucked in to the rise on the stock promoters.
Watch the DVD’s first and ask questions later. So far I just watch and listen and will then move on to actual investing.
never trust anybody. Developing a system that suits me.
Have a better understanding of PennyStocking and its options
take a quick profit or a loss and move on
To cut losses/take profits quickly. This allows students a chance to minimize risk.
It has allowed me to be successful at my career and better understand the market
cut loss fast and day trade cares about the patterns
just getting started
none yet
Cutting losses early. This was easily my weakest part of my own trading regiment before.
The business world is full of liars. Trust nobody.
pennystockign is legit
not sure
learn from your mistakes
I JUST SIGNED UP YESTERDAY SO I HAVE TO PASS ON THIS ONE
Know when to cut loss and timing.
Look at high explosion movers either way…up and down to benefit from both moves
Become a faster trader, and to find potential profit within the storm…
patience — wait for the best opportunities to trade.
don’t chase a stock. allowed me not to chase a stock.
I am just beginning and haven’t received his DVD’s yet. They will arrive in a day or two, therefore, my only exposure has been via the Tim Alerts. But his technical analysis of the charts has made sense to me and I look forward to learing more and applying it in my trades.
cut your losses quickly
Taking advantage of watching the chart and price, then shorting the stock.
technical. numb my emotions
Don’t trade if you don’t have an opportunity. You can go a few days without entering the market and you will survive.
Cut losses, although I still need work.
don’t get greedy.
To be less reckless. I haven’t been using his methodology enough yet to know how well it will work for me.
Trust the patterns. Be patient and know they will come.
be meticulous
Just starting to learn
adf
Never try to guess and find a top on a supernova, wait for some fade action and then short.
I’m too new to comment and just get the alerts so far. Probably so far, the best lesson is how easy this can be.
Introduced to short-selling, realize that price movements are not random and in certain situations are predictable. It has allowed me to (hopefully) be a successful trader.
Take losses quickly when a stock acts differently than expected. This allows you to live to trade another day.
Strictly following one’s own strategies. Learn from mistakes.
waiting for support/resistance to craxk before entering. This has allowed me to have improved entries and exits as well as using the support/resistance level that just cracked as a pivot for a stop loss.
limiting losses on quick trades
That it is not impossible to be consistent. Be more open-minded.
hunt or be hunted/ be the hunter
so far, none
cut losses quickly, minimize what i lose
Exit strategy. I am yet to discipline myself to benefit from it.
Keeping a cool head is overrated & not necessary
There Is A Method To The Madness
anybody can do it, more confident
I have bought 5 DVDs and studied them all. I have really learned that the only people who make money are in the know. Tim has allowed me to be in that know!
don’t follow the crowd
supernova, cut your losses fast, spammers
Wait for the pattern to evolve, don’t overtrade.
I just signed up yesterday
Act decisively- you usually make more money that way.
I have yet to trade qith PennyStocking
Pennystock companies are for the most part shady enterprises so being reactive on the downside (i.e., shorting) is one of the safest bets. Obviously learning the patterns and cutting losses quickly are valuable tactical lessons as well.
The afternoon fade – made about $1800 with it so far
Cut your losses quickly. This has allowed me to be more profitable
take your losses quickly.
Don’t be afraid to go against the crowd. Allowed me to make money
the repeatable set-ups on stocks under $5
clean chart. supernova. and short it after fades
Only take perfect trades, and wait for them. I have yet to make a good, money making trade, usually because of poor execution (on the phone/distracted when last alert came out, chased it)
Stop being so greeding and get in and out on a short.
controlling losses, trade more
take profit
Cut losses. It has allowed me a more consistent profit.
Not to be too greedy, take some profit is better than not taking a lot of profit and losing it all
patience.disbelief of all the chatter. make money
Not to believe the hype around a stock
You can’t be an economist, but you can use a system, that when you stick to it, will yield great returns.
Stick to a plan. Take losses early. These go hand in hand. Takes a huge amount of pressure off.
be patient, let my winners ride longer
Shorting pumped up stocks that show high volume… become a better trader
The value of pennystocking
Build confidence
quit buying tops
wait for few days from a breakout
to cuts losses when the trade isn’t doing what it’s supposed to. Helped avoid massive losses.
Don’t force a trade
that it can make u a lot of money
Manipulation manipulation manipulation spot it
The most valuable lesson learned is the amount of pure hype that insiders put out until they can sell to the uninformed at substantially higher prices. Knowing this has helped me avoid being plundered.
Reading charts
Certain stratagies, his attitude is also refreshing. I’ve learned a lot, for some reason cutting losses comes to mind first. Maybe because of my huge loss earlier in life, maybe because he’s repeated it so many times. I’m in a learning stage right now and as such haven’t begun trading, but I’ll get there soon.
To diversify. Had allowed me to cut my losses
he has a healthy amount of skepticism
To take your losses quickly even if you have a “hunch”. This lesson has helped keep my account as large as possible!
i’ve just started TIMalerts and getting ready to buy pennystocking… i guess… I’ve learned so far not to hold over night
how to short. make $$.
to find good penny stocks
I couldnt do it with out you. buy my girlfriend expensive gifts so that I dont have to sleep on the coach anymore
possibility of consistent profit from penny stocks
Cut the losses…!!!! There WILL be more trades…Timfundamentals has shown me research styles
risk and rewards, small gains. if you have a small account you can still trade. made me question wall street and investment banking
Coming up in corporate America, I’ve been taught that buy & hold is the way to go. But reading Tim’s blog, etc I’m now thinking that get in & out quickly is a better alternative.
Posted in Q&A