The 2 Biggest Trading Risks Right Now - The biggest risks in the market now and how to avoid them...
- The two biggest trading risks newbies take … without even knowing.
- Save time and money — get smart and avoid unnecessary BS in the stock market.
Recommended Link "Your chance to see this is coming to a close" This could be the most important message you see all year if you are serious about securing your financial future. A famed gold expert has said we’re witnessing a rare occurrence in the gold sector that we haven’t seen for years… In this short message he urges you NOT to invest in anything until you hear this. Click below to see the important briefing before it comes down tomorrow at midnight. | | Dear Penny Stock Millionaire, Are you losing time and money by taking two of the biggest trading risks in the market right now? Hint: they’re not what you think. Most traders think the biggest risks in the stock market are things like crashes and losing money on trades. But honestly, those things aren’t as scary as most traders make them out to be. As I’ve learned from my 20+ years of trading penny stocks, it’s possible to find consistency in any type of market. When the financial crisis of 2007–2008 hit, I was profitable because I adapted my strategy.* In 2020, I’m up over $931K in profits because I’ve adapted to the volatile market conditions.* Losing money on trades is always a risk … you’ll never change that. However, you can manage it by being disciplined about cutting your losses. It’s something every trader needs to learn. The two biggest risks traders face right now aren’t as obvious. Familiarize yourself with them — and know what to look out for and how to stay safe! (*Please note: My results, along with the results of my top students, are far from typical. Individual results will vary. Most traders lose money. My top students and I have the benefit of many years of hard work and dedication. Trading is inherently risky. Do your due diligence and never risk more than you can afford to lose.) Trading Risks to Avoid #1: Scams There’s a ton of opportunity in the market this year … and smart traders are taking advantage of it. For instance, take a look at my new student David Martinez. After just two weeks as a student in my Trading Challenge, he decided to make his very first trade — and made over $15K in profits.* ‘Home runs’ like that are far from typical. Singles are far more common. But it does demonstrate the potential in this crazy volatile market. Unfortunately, scammers also see an opportunity in the current market... … to take advantage of newbie traders. Scams come in all shapes and forms in the stock market... Trading Risks: Imposters Some scammers are outright pretending to be me (or my top students) and trying to steal money from people like you. I’ll never slide into your DMs and ask for money. Not for an ‘investment opportunity,’ not to tell you about my new options scheme, not for crypto. Always double-check the account name. I’m @timothysykes on both Instagram and Twitter, and my account is verified on both platforms. Trading Risks: Fake Gurus Other scammers go about their bottom-feeding in sneakier ways. Some are ‘furus’ — aka fake gurus. They love to claim that they’ve got the stock market all figured out. They call me a dinosaur and say they have an ‘easier’ alternative to my teaching. Usually, these are the types of traders who only post screenshots of their ‘wins.’ They don’t tell you everything like their position size, entry, exit, and risk… I’m totally transparent. I tell you everything about every trade. If anyone tells you trading is easy... … or that you can get rich quick if you just follow their alerts... … be very wary. I want to believe the best in people. I care about people. That’s why I donate so much to charity! But you can’t put your faith in just anyone in the stock market. There are too many shady people out there. Trading Risks: Twitter Pumps Another sneaky scam? Promoters who want to give you free advice. They’ll ‘alert’ you about a stock that they claim is going “to the moon!” Once again, be wary. They could be (and likely are) pumping up a stock for self-serving reasons. Do NOT blindly follow alerts. You can look at alerts and learn from them — but don’t trade solely based on them. Always do your own research and trade based on the rules that work for you. Self-sufficient trading is the only way to go if you want to be in the penny stock game for the long haul. Recommended Link Can These Two Men Save You from this Crisis? If you’re worried about the state of the economy and your investments in the market… Then you should watch this jaw-dropping new video below. Two of the smartest financial minds on the planet came together to discuss the state of the market… And what they both see coming will surprise you. Click below to see what these men have to say, then make up your own mind. | | Trading Risks to Avoid #2: Risking too Much Money Proud teacher moment: my top students are killing it.* As of this writing... - Jack Kellogg just passed $991K in profits.*
- Kyle Williams just passed $534K in profits.*
- Matt Monaco just passed $368K in profits.*
When you see results like this, you might be tempted to adopt a ‘go big or go home’ mentality. You might start thinking, ‘These guys look normal. I can catch up.’ Bad idea. Here’s what you might now know: these guys have dedicated years to refining their strategies. You’re noticing them now because they have flashy profit charts. But there were long months and years where nobody cared because they were only trading with small accounts. Be willing to put in the time and effort to get to where they are. How My Top Students Manage Risk... All of my top students studied my strategies, but eventually, they adapted them and developed their own unique approach to trading. But that’s not all they have in common. They’re all smart about cutting losses. Sure, they’re still human. For instance, Jack Kellogg was off his game for a few weeks and lost about $25K. But he saw it as a wake-up call. He got back on track. And now, he’s recovered all of his losses and then some.* But in general, none of them take losses of more than a few thousand dollars. Their average losses are more like $300 or $500. I’m no mathematician, but when your average gain is a few thousand and your average loss is a few hundred … that can add up over time. A word to the wise? Don’t trade huge positions. Any one trade can be wrong. No matter how good it looks, how much research you’ve done, how much you did right — you could still be wrong. Using leverage or aggressive short selling … you don’t have to do these things. Instead, start small. Take it slow. Remember: big things have small beginnings. Recognize that any one trade can blow you up. If you remember that, you’ll stay safe. Recommended Link GOLD RALLY ALERT: The Only Gold Companies To Buy and Hold in 2020 Before investors across the globe all jump on the gold train, now’s your chance… We just unveiled our top 5 publicly traded gold companies. Some picks have extremely safe risk profiles… while others are still dirt-cheap lotto tickets that can easily 10x from here. Nevertheless, we believe this portfolio underpins all of the life-changing gold investing opportunities ahead. | | Avoid These Trading Risks… Trading is inherently risky. So why make it harder than it has to be? Following misinformation can cost you time and money. Be very wary of fake gurus and scammers. And betting too big can seriously burn you. Remember, it only takes a single trade to blow up your entire account. You’ll never do everything perfectly. If you have a loss, learn from it. I have. Check out my book, “An American Hedge Fund.” In it, I talk about my biggest loss ever. It hurt my confidence for a year or two — but it also crystallized my rules. It snapped me into discipline. This is why I teach and write blog posts like this. I want to help you cut through the BS and make the stock market less risky and stressful. My goal is to help traders like you realize your full potential and pursue trading without unnecessary obstacles! Do you understand these two trading risks? How will you stay safe in the market? Talk to you tomorrow, Tim Sykes Editor, Penny Stock Millionaires P.S. Jim Rickards was correct with his prediction! And the #1 election recommendation is already starting to move! But there’s still time to take advantage of this opportunity… BEFORE the recount and courts decide the final election outcome! But you must hurry! Because no matter who wins… Once there is an official decision… This chance will have passed forever. Click here to discover what it is. |
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