I'm a safety first kind of guy and in this video, I outline a good strategy that my top http://tim.ly/sykesmc students and I are following every day...ignore me at your own risk, it's your funeral
0:30 You have to be very careful in the current market. This is not the time to play hero in the stock market.
1:30 When the market is down you have to remember to protect longs. You have to be careful with the overall market.
2:30 There's a risk-reward to everything in the stock market. Too many of you guys judge a trade based on how much money you make.
3:30 You have to pay attention to the patterns in the stock market and you have to be careful. What goes up in the stock market also goes down.
4:30 I will cut losses earlier in this current stock market. I will play it safe and protect my longs. Safety first is my rule.
5:30 I average about a quarter of a million a year. Living, safety, and profits when there are good odds in the current market. Leave a comment "I promise to be safe" if you understand this lesson.