
003: Timothy Sykes – Inside the World of Penny Stocks and How to Profit from Market Inefficiencies
Chat With Traders
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How Do You Define Your Exit Point?
I actually suck at exiting. I've been there on stocks like when they collapse 70% or when they spike 70% in a day. I try and make my 10, 20, sometimes 30% and then I move on. So that's why I think I have millionaire students as opposed to me,. I'm up 800,000 in 2014 in trading profits, which is nice considering I spend so much time teaching.
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