6 Ways to Improve Your Odds in the Market

I was just watching a string of Sykes’ recent video lessons, and came across a little golden nugget. Some of his best lessons come from big losses, and that’s where I found him talking about how to achieve success in the markets.

#1946: How To Get Over Big Losses Like Mine On $HGSH

by timothysykes

  1. Know your odds
  2. Knowledge of risk management
  3. Pick the right patterns
  4. Are you fast enough?
  5. Take profits when you have to
  6. Cut losses

Think about each one and what it means to you and your strategy. When 90% of traders lose money, do what the 10% do.

 
28
Kudos
 
28
Kudos

Now read this

How I Made Over 200% In 8 Months By Trading Earnings Winners Part Time

Originally posted on profit.ly When looking around the profit.ly website, it is clear to me that there are very few people trading earnings winners. This is understandable, given the fact that it’s a secondary strategy for Sykes. Less... Continue →