Controlling Losses Archives - Timothy Sykes

Category Archives: Controlling Losses

7 Penny Stock Trading Tips for Beginners

50% off blowout sale for just a few days on these annual newsletters here and these DVD study guides because providing educational tools for those who want to grow their accounts exponentially is my primary focus in life.
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5 Lessons From My Worst Trade Of 2010

As you can see from the verified trades I posted on Profitly, I lost just under $4,000 shorting a Stansberry-pumped stock, tripped up by too large a position on an illiquid stock that simply wasn’t a great trade to begin with.

(As bad as this trade was, it basically just wipes out a week’s worth of work as my accounts are still up just under 50% in 2010, see my last 70 trades and understand my winning percentage is over 80%)

Given that I made several video lessons HERE and HERE of what I was doing right and wrong along the way on my recent short of Texas Pacific Land Trust (TPL), PennyStocking Silver subscribers already know the most lessons about that trade, but for everyone else, here are a few basic lessons Continue reading