Comments on: The One Where Stephen Loses $5k https://www.steadytrade.com/stephen-loses-5k/ Fri, 05 Apr 2019 19:39:34 +0000 hourly 1 https://wordpress.org/?v=6.2.6 By: Tim Bohen https://www.steadytrade.com/stephen-loses-5k/#comment-1257 Tue, 20 Mar 2018 20:58:02 +0000 http://www.steadytrade.com/?p=716#comment-1257 In reply to Cal.

Agreed!

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By: Cal https://www.steadytrade.com/stephen-loses-5k/#comment-1253 Tue, 20 Mar 2018 16:58:22 +0000 http://www.steadytrade.com/?p=716#comment-1253 Tough way to learn Stephen, but thanks for the lesson. Stick to the plan. I will nail that message on the wall.

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By: Tim Bohen https://www.steadytrade.com/stephen-loses-5k/#comment-1161 Sat, 03 Mar 2018 23:00:43 +0000 http://www.steadytrade.com/?p=716#comment-1161 In reply to Jose Pineda.

Great comments Jose, remember as a new trader your number one goal is “To stay in the game.” Keep grinding!!

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By: Jose Pineda https://www.steadytrade.com/stephen-loses-5k/#comment-1159 Sat, 03 Mar 2018 16:10:30 +0000 http://www.steadytrade.com/?p=716#comment-1159 I feel like I really related to this episode. I had originally tried trading about 3 years ago for 2 months. I failed and lost 2 grand. It was tough and I had gone in without studying. At this point I study everyday I make money and I seem to lose it. I’m basically holding about 300$ of profit overall in about 4 months. I find myself revenge trading even when I know I should get out of a trade. It’s hard and frustrating. Thank you guys for the podacasts they help me remain calm and keep trying knowing that it’s part of the process and training.

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By: Tim Bohen https://www.steadytrade.com/stephen-loses-5k/#comment-1131 Sun, 25 Feb 2018 13:33:29 +0000 http://www.steadytrade.com/?p=716#comment-1131 In reply to Clovis.

Thanks for the comments on the podcast and webinars Clovis!

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By: Clovis https://www.steadytrade.com/stephen-loses-5k/#comment-1127 Sun, 25 Feb 2018 03:46:42 +0000 http://www.steadytrade.com/?p=716#comment-1127 Great lesson for all of us. I am sure Stephen will turn around again with your help Tim, you know what to do and you are a great mentor. I do enjoy your webinars on Sykes Challenge when you are covering for him. Good Stuff. Thank you 😉

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By: Scott Sweet https://www.steadytrade.com/stephen-loses-5k/#comment-1070 Sun, 18 Feb 2018 22:55:31 +0000 http://www.steadytrade.com/?p=716#comment-1070 As I said on Twitter Stephen, OMG…Ewh!!!

Great content, everybit of it helps me learn, thanks guys!

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By: Tim Bohen https://www.steadytrade.com/stephen-loses-5k/#comment-1024 Wed, 14 Feb 2018 15:22:33 +0000 http://www.steadytrade.com/?p=716#comment-1024 In reply to John.

Thanks John!!

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By: Tim Bohen https://www.steadytrade.com/stephen-loses-5k/#comment-1023 Wed, 14 Feb 2018 15:22:08 +0000 http://www.steadytrade.com/?p=716#comment-1023 In reply to Timothy Davidson.

Great suggestion Timothy, we are always looking to improve!

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By: John https://www.steadytrade.com/stephen-loses-5k/#comment-1020 Wed, 14 Feb 2018 12:13:01 +0000 http://www.steadytrade.com/?p=716#comment-1020 I absolutely love the idea of having Stephen’s parents on a show. It would be a terrific example of how someone’s family is thinking about their son/daughter/sister/brother going through the learning process. That’s something that would be of value to us all.

I have to tell you, I love the yin/yang of Tim, being a seasoned trader, and Stephen, being an up-an-coming trader. We all are learning from these awesome podcasts. Keep ’em coming!

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By: Timothy Davidson https://www.steadytrade.com/stephen-loses-5k/#comment-1011 Wed, 14 Feb 2018 02:23:59 +0000 http://www.steadytrade.com/?p=716#comment-1011 Great…. Great… Great lesson: “Stick to the plan” I’m an aspiring trader trying to pick up on every little tid bit that i can. I’ve also lost on trades. Not quite ghat much but I’ve lost. And what I’ve lost felt like $5,000.00. at the time. The only complaint that I have here is it would’ve been even greater learning lesson with charts to show the thought processes involved in the decisions that were made.

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By: charles https://www.steadytrade.com/stephen-loses-5k/#comment-1004 Tue, 13 Feb 2018 16:23:43 +0000 http://www.steadytrade.com/?p=716#comment-1004 actually Stephen there was news. they released good news from 2 ongoing trials. on yahoo finance. only mentioning it because you said there was no news and that was part of your thinking.

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By: Tim Bohen https://www.steadytrade.com/stephen-loses-5k/#comment-1001 Tue, 13 Feb 2018 12:33:00 +0000 http://www.steadytrade.com/?p=716#comment-1001 In reply to Mick.

Very nice comments, Mick, thanks!!

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By: Mick https://www.steadytrade.com/stephen-loses-5k/#comment-1000 Tue, 13 Feb 2018 10:45:34 +0000 http://www.steadytrade.com/?p=716#comment-1000 Thank you guys, great podcast again. Awesome for being so transparent as Tim Sykes tells us all to be. Really gutted for Stephen listening to him but the fact that he was big enough to come on the podcast and discuss the mistakes he made in the trade is a great lesson for all of us newbies to stick with the plan, cut losses quickly and to not rationalize when the trade is going against your plan. Even if just one person (I am 100% sure there will be more) benefits from listening to you guys then you will have helped and saved someone blowing up their account.
Great podcast as always guys.
Mick

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By: Tim Bohen https://www.steadytrade.com/stephen-loses-5k/#comment-996 Tue, 13 Feb 2018 01:01:40 +0000 http://www.steadytrade.com/?p=716#comment-996 In reply to charles.

You either “earn” or you “learn” good attitude Charles!

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By: Tim Bohen https://www.steadytrade.com/stephen-loses-5k/#comment-995 Tue, 13 Feb 2018 01:01:17 +0000 http://www.steadytrade.com/?p=716#comment-995 In reply to Simon.

Haha,dont follow in Stephens foot steps!! no drunk or buzzed trading 🙂

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By: charles https://www.steadytrade.com/stephen-loses-5k/#comment-994 Tue, 13 Feb 2018 00:25:36 +0000 http://www.steadytrade.com/?p=716#comment-994 good video, too big too soon my friend. I lost $350 today but it should have been $150, I couldn’t take the loss either so watched it squeeeeeeeeze
actually my first problem was the wrong stock. we learn learn learn.

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By: Simon https://www.steadytrade.com/stephen-loses-5k/#comment-991 Tue, 13 Feb 2018 00:00:44 +0000 http://www.steadytrade.com/?p=716#comment-991 I love all your shows. This one was great. I took a small loss today – nothing compared to my biggest losses. But I actually cried a little about it becauase I traded poorly, didn’t stick to my plan, and I knew better. I felt ashamed because turning that winner into a loser was so avoidable. Maybe the underlying problem was that i had some beer earlier… I wasn’t drunk but it couldn’t have helped my judgement or reaction speed. Thanks guys

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By: Zach R https://www.steadytrade.com/stephen-loses-5k/#comment-986 Mon, 12 Feb 2018 15:45:23 +0000 http://www.steadytrade.com/?p=716#comment-986 Thanks for posting and being upfront about your trades keep on keeping on and #WEWILLNOTFAIL.

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