Ep. 10 Of Transparent Traders: This Trader Hyper Scalped His Way to 1 MILLION

0:00 today we well trade with Tim micro scalper people call me hypers scalper whatever as you can see on Kimo I have a lot of Trades who sits in 17th Place on kin 4's alltime leaderboard with 923,50 dollars really $ Dollar welcome

0:30 back everybody today we welcome trade with Tim who sits in 17th Place on K's alltime leaderboard with 923 th000 in verified profits as actually speaking on early he's past the million doll Mark but he just needs to upload a second broker so that million is not in sight that million is achieved so well done Tim we're going to jump into your trading strategies industry transparency and a few tips for new Traders I just want to quickly say first

0:58 you can get Kino pro pro Plus absolutely free for your first month you just need to log in to your free account click upgrade and access the advanced reports and the analytics F trades but Tim as along at reduction how are you good man happy to be here thanks for having me on and it's been a crazy year to say the least man it's been a crazy year for you I'm I'm looking at your stats I thought you some sort of

1:23 Prodigy because you've you just got the one year on there but that that I was like this this dude's just started trading and he's a millionaire already whenever see tell us a little bit about your story you've been trading a little bit earlier but you're hitting a million this year all very early or a million in the last 12 months it's kind of like where I finally hit my stride in trading you know I feel like a lot of people say this but for me

1:42 I'm 24 right now and I started actually learning trading when I was 16 so I didn't you know kind of was just like on my laptop saw some Timothy s stuff kind of like got into that and you know really slowly over time when I was in high school and stuff kind of kept trading and even like my senior year high school I got late arrival when most kids would have like early release I got late arrival just so I could watch

2:05 the markets and I wasn't you know making anything I was trading Sim and that really helped me just kind of progress over time and then I have you know pressure washing business as well as an apoxy business that kind of I was able to do through college to fund my trading as well as just kind of do everything I could I I did sold Amazon FBA books and you know all that type of entrepreneur stuff to do affiliate

2:30 marketing and finally after all that you know the last year is really where I hit my stride I used to trade pre-market on trading station that's what we were talking about so that's kind of what would put me over a Millie if I can get those stats on K I tried but I get it I think mys I think they closed my accounts I just had to talk to them but anyways yeah so I think I made

2:52 between those two and a half years trading pre-market like 65 70 grand which at the time still awesome money for me plus my side businesses was able to really do well but I was not able to trade throughout the market open right so for me as a discretionary scalper you know micros scalper people call me hypers scalper whatever as you can see on Kimo I have a lot of Trades yeah a lot and basically what I do is

3:16 just play off of that price action and it's a lot easier during the market open when there's a lot more liquidity to have a lot more trades and that's kind of what I figured out whatever I met Relentless Trader Mighty stock some of you guys probably know them crispy trades MX day trading a lot of these guys that you know I had seen in Discord I was trading Discord for a while and go to meet them kind of see

3:38 for myself and also I have a week where I could trade through the market open and that's just when everything changed so from then on I don't even trade pre-market at all and I just trade throughout the market open really the first two hours are my best and yeah we just we hit the gas and I've never looked back so man you just put the the pedal to the metal you just you just put your foot down hard on that on

4:02 that accelerator pedal but like and and it's obviously doing well you've got a very a very nice creative background light there so that's you're like living the dream dudes like 24 years old stuck it to the man don't need to have a you'll never have a boss in your life ever probably that was that was a goal a long time ago so so so I guess the main question is everyone else wants to stick at other man and not have a boss so like

4:27 what changed where you were trading premarket to like You' just hit like a million dollar in 12 months $920,000 in 12 months is like what did you do differently like pass those lessons on as much as you can sure yeah so a lot of it came down to really well only use limit orders and you can really get stuck sometimes where the bids will just drop on you crazy on

4:59 premarket and you can just get killed especially on some of them that have those big spreads so it just always had me kind of scared and I never felt like my risk was very tight and I you were talking about like how was I able to do this without having big draw downs and a lot of that comes down to on most of my trading and pretty much every trade I have now it's a little bit getting a

5:19 little more risky on very tight and with Market orders and a broker where you know you can trade as many times as you want I mean TD Mar trade is where I really started and now Schwab bought them out but it's the same thing it's just me basically trying to push as much size as I can with how the liquidity is make sure that I'm not getting a bunch of slippage but I'm a dip Trader so and I figured that out as

5:43 well it's kind of like as I was able to take so many trades as you can see it's almost like I tell it's like reps in the gym right I'm I'm a big gym guy shout out the strong Trader a couple of these other guys I've met and lifting and trading there's a lot that goes hand inand so like as you do something more you get better and you kind of see these little things you can improve on and

6:01 that's kind of what really helped me a lot I was able to trade in a week I think I was doing like 2,000 orders every week which was the limit at TDM trade at that time and by doing that learning on every trade being able to refine that edge and being able to really see where am I making that money and for me it's a lot of those dip trades not many breakout trades are buying at the top of the range I like

6:24 getting in either on that like first pullback or on those micro pullbacks kind of in that that parabolic squeeze so which Mark's been a little slower but this February is kind of where I was able to really refine that edge a lot more and we saw Holo and BMR and a couple of these like ridiculous parabolic movers so like if if you had like a strategy in mind is I'm guessing like you're talking about kind of short

6:48 squeezes are are you literally looking for shorts to be basically kind of when it squeezes out of control and then are you buying the dips and following the momentum up is it is it like that or do you have a different strategy or yeah it's I mean there's a lot of Def lot of strategies within it I mean I'm talking about like buying double bottoms triple bottoms buying like flat top breakouts you know five minute setups like all those type of

7:09 like setups as well as a lot of that discretionary side which is just me seeing price action me seeing that okay this level may be soaking which basically like I can see that there's a lot of support there I can see that every time it comes out of this level there are buyers that keep stepping up I'll take along and then see if we can get that pop kind of as you can see because a lot of times there's hidden

7:30 buyers or hidden sellers sometimes they'll pop up but a lot of times it's just like I know some people use book map to kind of see where those are over time since I just have so much screen time and a lot of my buddies we just were able to kind of see where you know that that support zone is or where there's a lot of overhead Supply as well where something's kind of keeps trying to break out to this level it can't

7:50 break it I'll ease off wait for that flush and those are my best trades I love those big bottoming Wicks I try to get in as low as I can and my whole times you know that's one thing I'm working on but I usually just take 10 20 cents you know sometimes depending on like the price in the stock it could be more than that but I'm just taking the meat of the move taking a a very small

8:12 portion sometimes but you're never going to go bro taking profit I always say that so n 100% but like what if fact let we'll we'll quickly jump to an ad break and then I'm going to give you this like big reveal so ju just one second we we'll jump to an ad if you're an active Trader then Center Point is the broker designed for serious Traders like you Centerpoint offers Advanced trading tools flexible routing options and an

8:36 extensive short inventory to give you the edge you need with Next Level customer service when you join Centerpoint you gain access to Centerpoint Edge an exclusive program tail add exclusively for Centerpoint clients with Centerpoint Edge you get free access to over $7,500 worth of industry-leading trading tools that you won't find at another program this includes amazing resources like kful benzinga pro trade ideas

9:07 dilution tracker and more click the link in the description to elevate your trading experience with center point where active Traders get more okay we are back and what I was thinking about is the doing this podcast interviewing like the top 10 Traders is the most unbelievable thing that I saw it's like so commission fre trading had this this boom right commission three there's a boom in the last five or six years this boom has brought a lot a big

9:38 amount of hypers scalpers like you right but what what I have discovered doing this podcast in if anyone's watched the last 10 episodes before you of all of the people in the top 20 you guys are all hyper scalers the hyper scalers are dominating Kino which means there's a bigger Trend outside of Kino as well where H scalers dominating the market it is once scalin was laughed at and made fun of and it it was a joke

10:05 but like the proof is coming like you guys are an army of people taking over and and I don't know where it's come from but I mean do you have any thoughts on that otherwise I've got another question for you yeah yeah no I mean I can go back to kind of I kind of skipped over this I didn't I want to be kind of brief but back when I started trading I traded with F1 trade sure Trader

10:27 even CM I've been I've been through through pretty much everything and at those Brokers had commissions that were on every trade you know in and out it would be like $7 in $7 out I mean to make money trading a thousand shares you had to make two cents just to pay the commission and then trying to make money on top of that like I remember looking at all my stats and being like if I took out these commissions like I was

10:49 actually making money so whenever 2020 hit and free commissions came in thankfully by that point I had enough money to get over PDT once I got over PDT I was like wow okay you know there's without the commissions I mean you know you you can make a couple cents here there and then I mean they did up the SEC and Fender fees now but it's still doable so definitely a lot of people when I tell them like what I do they

11:15 think of course like I'm holding companies or whatever it is and I'm like I'm I just buy and sell these these quick price movements and you know I know it just it's hard to Fathom but yeah I would say definitely it's taken taking over hugely and it's just because you can keep that wrist so tight it's it's tough and not even just the wrist so tight you have so many reps so it's easier to get kind of better at what

11:39 your style is and where you feel more comfortable some people love buying high and chasing those like those moves for me I just I can't do it I'm I'm more of a I'm G try to buy that soak Zone and wait for it to go yeah it's like Warrior trading right I see a lot of warrior trading stuff is like buy the next candle to make a new high and stuff like that but it it just seems a little bit

12:00 scary for me especially when the stocks that you're buying are absolutely crap but but like in terms of the risk management like what what the hell are you doing are you like meditating for an hour every day beforehand to like not like what are you doing to like not not mess up sure so really what it comes down to it discipline in trading is huge I mean that's kind of why I like behind me it's like half of trading is

12:24 like the patterns and the charts and the other half's the mental and hly be more than that I think it might be 70% mental now that I'm getting more into it in terms of like once you really start making money and you've got a lot of money on the line that's where you can just you know you don't follow your chart patterns as as well and you know that type of stuff but to get back on

12:45 what you were saying I don't know why it's I can't remember it say one more time for me real quick no no it's SC I I didn't even click that that was 50% that's May being an idiot I didn't even click that that's 50% metal 50% chart it makes false sense but I was thinking like what what are you doing like the mental aspect to control your trading or like what what's the technique do you have it like I'm

13:06 holding for three seconds and I'm out oh with my dip trading that's why I love like buying the dips because when I'm buying so extended it's hard to have that proper risk it can drop so quickly but I like to buy especially like big flushes dips off of support zones to where when I'm getting in I know that my risk is most of the time within 5 cents maybe 10 cents depending on you know if it's a higher price stock okay it might

13:31 be 20 30 cents but it's always going to be relative to how much I think it's going to pop off of that level you know at least like three to one profit to loss so and and I could see on the tape as like a price action Trader on the level two I can see okay time and sales a lot of people are selling here I can see the bids thinning type of stuff like that where I can get out sometimes flat

13:53 for not a loss and then it'll drop and I'll get back in and then it's kind of like I'm able to people call it recycling shares that's kind of that's that's very much kind of what I do as well yeah I think it could t for people to learn that is just to record your screen and then go back and and watch the records of your screen of thinking okay there was just a big drop there

14:16 look at let's look at the level two for the one minute before the big drop and let's see what happened and then if it happens again you know the same thing's going to happen so it's just a good tip right yeah and I tell people it's like you got to treat it like I mean we're professional athletes like esport athletes and what do like the pros do they watch film they watch film all the time so if you're not watching film you

14:35 know how are you really going to get better especially when a lot of us are trading especially me like I'm it's so quick that I'm going to forget a lot of those trades and a lot of what happened it's not like I'm just taking five trades that okay I can remember all of that but I have to go back to rewatch and that's 100% how you get better man and this scalping thing that you're doing and what the other people like out

14:57 of the top 20 of K4 like more than 10 of them are hypers scalers so I don't want I don't want you to give your Edge away but for someone that wants to get into hypers scalp and trading you have like one pattern that you can share or what one pattern that you like where on you can describe like the big picture setup and then the the micro entry yeah yeah I I tell this one all

15:19 the time and I think it's like one of my favorite setups and on these setups there's so much volume and that's why I love trading is that like you know for the most part yes it's getting like crowded certain areas but when it comes to scalping it's so discretionary that it's like you know I don't know there's never going to be like some of these system Traders there's so many people that are taking the exact same trade but

15:42 when it's discretionary it's a little bit different so but I would say my favorite setup it's buying Under whole dollars and half dollars really whole dollars are like going to be the best bet so let's say you have a setup it came broke over the whole dollar maybe up to like let's say $730 and it's like kind of turning holding High though and like testing maybe 710s comes down near seven I like to wait for the dip under

16:06 some people will buy like right off a seven and sometimes that can completely be fine sometimes it will not break below but the best setups for me are when it does break below you get like a 690 wash maybe 685 sometimes it'll even go further try to take a dip you know usually I'm very quick so I can get depending on the spread I can get near the lows and then you just gotta wait for the break back

16:30 over seven if that doesn't happen pretty quickly I'm just going to cut it see if it's going to go lower and if it does then maybe I I kind of wait for that next whole or that next half dollar level but most of the time I'm going to scalp around that range to try to see if if the overall trend is actually breaking or not so that's a lot of what scalping especially as a I'm 100% long

16:51 Trader so I definitely need to make sure that I'm seeing either really good dips being bought up on the backside or just I'm going to trade strictly like front side dips because that's going to be like odds of me winning are much much higher and while you look for 3 to one four to one two to one 3 to one four to one on your money it really just depends I mean there are trades where I will

17:11 just take a couple like maybe I'll always look for probably three to one yeah but it just depends on what I'm seeing on the tape and and that more often than not nowadays I'm trying to kind of stop and trade more bigger picture with bigger size just because I'm seeing now that you know a lot of my money in the day is coming from like three or four trades so if I can really hone in on those a little bit more and

17:35 kind of not have so much noise then I think it'll make it to where I can make a lot more and it be a little less stressful yeah no makes sense and I I I the type of are you the type of guy that likes to support his own trades and and smack smack the offer smack the market order and smack the offer and support us when you get in in are you hitting limits oh always markets for me you're

17:57 supporting your you're supporting your offer and helping take the bit out help helping to take the ask out yeah I don't I used to trade only limit orders but even in the market open I would trade only limit orders but for me the speed and in terms of like where I know I'm going to get filled roughly I I can have that risk management in my head almost immediately but on limit orders and stuff and I can miss a trade that could

18:20 be huge because of a limit order that happens I don't want to even risk that so that's just yeah 100% Market orders for me now makes sense so so you've got a stock it's broke above seven it's holding the seven Lane it's dipping under you're then watching the level two you're looking for that switching the balance of power you're hitting the market and that's your trade looking for the two to one 3 to1 whatever you can get doesn't work

18:43 straight away out yeah I mean I'm I'm giving it on those trades since I know that's kind of like my one of my bread and butter trades I would give it a little bit more time because there's times where it'll kind of hold a little bit under that and then if you can give it a little more time you'll get that pop straight to 710 a lot of times though I will just sell on that retest to seven see where it's

19:03 going to come back down if it comes back down and gives me another entry then I'm going to get back in and look for it to break but if I see like a big bidder then I'll hold it a little longer or maybe I don't know like a huge amount of of buying to where it's like really coming up quickly then I'll try to hold it like it immediately snaps right back through 7 710 then I'll give it a second

19:23 maybe seven for it to hold and then you see that that squeeze up to 720 730 which is really like a big bear TR yeah no makes so like last question on this and then we'll go on to the the next section on transparency but yeah like how how did you I mean first of all just with the pattern it's just the chart you know looking at the news are you looking at the fundamentals are you looking at this

19:48 big bigger picture anything like that little you taking into account or I definitely got to attest to Ross Cameron Warrior trading that's kind of where I figured out where the momentum is and it's in those you know stocks with the low float High relative volume some sort of breaking news I don't exactly look at what the news is as much because I'm not holding it for longer in the day and then some people look at a lot more of

20:09 the dilution just so you kind of have that as a reference I don't look at that as much as I probably should but I kind of strictly trade the chart and the level two so I would say 70% level two I'm looking over the chart to see what's set up you know is this a very extended dip or is this up really High you know kind of where's my risk and then I'm going to adjust my size depending on

20:32 that right so on a setup like I was saying that break below seven I'm going to try to take more size on that than I would a trade that's like a half dollar break below because it just for me they don't seem to work out as much and over time kind of in my mental I've got kind of the almost like the odds of every setup roughly speaking but yeah it always comes down to below $20

20:55 usually I don't like trading the pennies as much but my bread and butter is probably $3 to $10 and I'm trading as much size as I can nowadays without really like with a market order right you can get slipped up pretty high SI so you can kind of over time you see how much you can get in how much you can't and I'm trying to now on those better setups just take you know two clicks of my full size entry to where I'm like

21:23 okay I'm in now like the size that I should be for that a quality setup and you mentioned you took a pretty it's not all glory right yeah you've made like a million bucks in a year you're 24 you've got no boss you're literally living the dream right but it's not always great every day like so what's the crack you had a red day what was the what happened there what went wrong yes so I was

21:45 actually at the beach last week first day I'm there and in two hours I'm I lost 6,000 so my biggest red day ever before that was 6200 or something so it's my second biggest red day ever and what what it comes down to is when actively scalping stalks there's certain times where I can immediately feel that that it's like you know it's like I always say it's like basically like when you're putting your fingers on like a

22:07 chalkboard that feeling that you get it's like it should not be that hard it should not feel like that to try to make money out of this stock when normally it's relatively easy for me to at least get some profit out of out of the stock by scalping it so once I feel that and see that then I need to just ease off but there are days like everybody we get emotional were like I need to make this

22:30 amount of money today or I think there were two trades that I took that I messed up on execution wise and that's a trigger for me they were really good trades I missed them and then what I end up doing is then I chase it higher and I get crushed and that was a day where I got I think I lost a dollar a share on one trade and lost like two grand in one trade which for me is a big outlier loss

22:51 where most of my losses are couple hundred bucks you know or I try to keep my rist pretty tight but on that day we're trading in stocks that are bigger spreads and if you're not getting in at the the perfect kind of spot on the dip I you know you can really lose a Lot quickly and then it's going to be a spiral right so what I try to do to nip that in the bud is you know for me my

23:14 Max loss is usually around that 6K Mark but but it kind of depends now with how much size I'm pushing it's more of a mental Max loss and that was for sure pass my mental Max loss that day so it's better for me to come back the next day fresh I'll go get a workout go to the gym and look at my overall kind of p&l and stuff to make me feel better right like you're appreciate all

23:36 the all the love man but there are days like every Trader you know no matter how much you made if you lose for like a week straight which kind of the the first of August I think I have four red days in one week which I haven't had that in in like a year and I fell down I really did I mean I down made 5K overall but I I was feeling awful I didn't even really want to like go out and do much

23:58 stuff but that's another one of those things that you got to work on right is like distancing yourself a little bit more from you know because we're all to be the best Trad you gotta be hard on yourself right I'm sure you are just like a lot of us right we want to be like perfectionists but it's good to kind of put the two aside and not let it ruin your day because it's not worth ruining your day when you know you know

24:19 you're still in the game you live to trade another day why are you letting it affect like your outside life so yeah know it's h I completely understand what you're saying though I mean but it's trading's tough and like even the best Traders go through struggles and yeah like you made crazy amounts of money You' had one of the best years I've seen if people onkin for like a million and 12 months is crazy just about and then

24:40 but like but then you'll still feel like total and like I'll remember when I was trading more in 2020 and I was like up 15 grand and I was having me first 15K a month ever and then I lost like two and a half Grand on a trade and I remember like getting in me car cuz I needed to leave the house and just punching the stearing wheel and then like I bought an Apple watch and I was

24:59 just thinking I'm buying an Apple Watch and like I I just felt like disgusted just felt disgusted like this Apple watch is $1,000 then I just lost $2 and a half thousand like I the the almost the same value and I just felt sick physically sick but the other thing that I'd say is what I noticed cuz like I I got up over $100,000 in my trade and took a massive 35,000 loss me patent stopped working

25:25 and then like I just dwindled for the last like year or so not not not having the same dedication not having the same motivation now I'm like lost about half of what I made i' probably got about 50k 45k 50k up but the point is I've interviewed some people on here who who got up 100 200 lost everything and then went to zero or under and and then made a million so the point is that like

25:47 you've just got to stay in the game like got to just keep going do you know what I mean and I need to keep going I need to keep pushing especially if it clicks yeah it I mean what it what it really comes down to I think is like a lot of people try to switch up so quickly as immediately when something stops working but it it's so like personal dependent right so depending on your strategy and like the type of

26:10 Market that you're in certain setups won't work and that's kind of why like being systematic compared to being like discretionary trading wise I like being discretionary just because pretty much in any Market environment with the amount of Trades and kind of like setups that I do see I can see like what working what's not working and kind of start like pushing more into what is working rather than what's not while also keeping that rist very tight so

26:38 like my biggest loss I made a million my biggest draw down ever is like 7,500 or I think 8,000 which for me at the time felt horrible but when I look at a big picture I'm like wow that is that is really really good I just need to let myself open up to having those bigger losses but also having the bigger winners because I'm I've C myself on my winners and my losers which you know at

27:02 the point that I'm at it's like hard to complain making a couple thousand bucks a day I never will but you got to progress like in whatever you're doing so it's just and that's what's nice about trading is that as you progress mentally and like you know just whatever systematically with your setups you can make more money that's kind of like the the beauty of it you know sometimes you can work harder and you don't get

27:25 anything for it but in trading which yeah in trading you can work really hard and get nothing for years and years but the harder you work it's kind of like it all builds up there's that you know picture where it's like the dude about to strike diamonds or gold and he's this close right and if you stop before you get there you never know it's going to be on the other side so but it's the toughest thing it is it is and I'm I'm

27:49 grateful and blessed every day to be able to do what I do now and and I think the main thing I'll say this again is it's beautiful that you're doing this and seeing how the people trade in their mindsets once I found other Traders and got involved in like a chat room with a lot of like-minded individuals it was over from there I mean not only am I seeing like what the potential is because they're posting how

28:11 much they're making and I'm out there at work in the hot sun like man one day I'd love to make that and now being able to do that it's just and and then posting my stuff and other people having that type of fire it's lighting them you know a fire under the them to to work harder and know that that that is possible mainly and maybe as well so it's awesome no it's true but at the

28:35 same time like 95% lose right so like what what separates you from the guys that lose well I'd say one thing and you know I may get some hate for this or not really I i' cut out all video games like I don't play anything and I told myself until I became like a profitable Trader I just I can't spend time like that like especially with me being in school and having my other businesses like I didn't

29:05 have that much time like free time to begin with now covid I had a lot more free time and I spent that study and trading but yeah it's just being relentless like I would when I was out doing stuff and it was almost to a bad like an unhealthy point where I would be out with my girlfriend or out doing stuff with friends and in the back of my mind I'm thinking should I be studying right now like should I

29:28 over charts and stuff and it it was bad for sure to like always think like that but it would force me to do that and not hang out with those people and not go out and do that and just do you know what I need to do study my my trades again or look on YouTube for somebody else that may be posting their live trades or something to where I can maybe find that light bul moment and finally

29:52 found that kind of through a whole lot of trial and error over it's my seventh year trading I kind of say like four years of actively trading but trying to learn that's a year seven for me and you know for some people it may take longer than that to make kind of good money it just that's why it's so tough this trading game it really is so trying to figure it out and then trying to keep that edge

30:17 that's something that I even after one week right like I'll be like man I don't are my setups still working do I know how to make money so so St yeah but we'll go to a fun segment I've tried this with anyone before but I'm going to try it with you it's a furus versus fats got a few questions to separate the furus from the real people the the people who tell the truth so for you to

30:39 help new Traders how would you say that you separate the real deal Traders like you from the these snake oil sales people who are in the market and when when know who a coup of them all yeah yeah well I think a lot of it comes down to and this is what I would do is you got to get kind of a a whole view of that person don't just watch one thing like go into and see like what all they

31:01 posted have they ever posted like actual profit do they are they verified anywhere does it look like kind of more of a flashy type of thing where they've just got cars and all this and oh you only need to make one trade a week or something where it's like oh I trade I turned you know a lot of this Forex stuff is like oh I turned $100 into whatever but it's just like you can tell pretty easily in my opinion but

31:29 I've looked at it so often it's like okay is this realistic can I really is it can I make one trade a week and actually be able to learn a strategy so like having only an opportunity like that or there's kids that will never post an actual there's on their phone they'll just show you a p&l but how do you know if that's verified right do you ever see them taking the trade a lot of these guys don't even post their trades

31:52 it's just like hindsight Traders you see that on Twitter a lot yeah that post the chart and like this is where the best setup was and it's like okay but where are your entries and exits for that so and they're not there which I know there's guys that are real that do that but there's some guys don't so I'd say that's kind of what I like to do but you you've always got it in the back

32:16 of your mind be like okay you know kind of be like is this real and there are guys where you can you can really see that that's just not the case and if you spend a lot of time learning from them it's only going to take you longer to unlearn that stuff before you can learn what you should be n 100% And like that's why k for was good because like yeah it it separates the good Traders

32:40 and the verified ones because honestly race if you went onkin for and you told me you'd made a million dollars this year and you're 24 year old sitting in your roomes and and you're saying I'm doing a few bits of mentoring here and there I would say seems like a really nice guy very genuine very honest but I don't know 100% if he's made a million dollars like I don't know but like it's undisputable because it's verified and

33:04 it's like a lot of kids just like you are getting credibility that I don't think you would get and that's important No One Believes it yeah well then this the thing right is like for me if I'm posting and you know people that are real verified Traders unless they have like a marketing team it's not going to look super clean and be like super grabby the reason why they get all these people and like people think that

33:31 that way is because they're so good at the marketing like they don't know how to trade but they know how to Market those guys are really good at freaking marketing and making you believe that lifestyle that they're renting everything anyways for it's like yeah it's tough because the real guys like me like we're not putting a lot of time into that we're putting it into trading so it's like you're not going to get those viral videos for the most part

33:56 because people like to see that like even though they're in the back of their mind they're like yeah proba a scam but look at it right like right he's got Lords of followers it must be legit because look how many followers he's gone and everyone's commenting great things but it's like these people have managed to build a positive force and a positive energy and everyone's replicating it and you don't find out till you don't find out that a lot of

34:18 it's not true until it's too late one cuz you need to you need to put five years in right so that's five years of someone supporting you and then by the sixth they're like all right I'm deleting deleting me trade an account on Twitter and that's the end yeah and for them they're like oh trading's all snake oil salesman and you can never be a winning Trader and it's like that's what's so tough right it's like going to

34:38 the wrong college or something or getting the wrong degree getting the wrong degree for what you really kind of should be doing you know but but that's also what's tough is you'll have guys that'll trade from stocks to options or to Forex or to whatever and for me I was I'm so grateful that I didn't that I just start to for seven years just stocks just stocks and just low float stocks just momentum stocks like once I

35:03 found that and I was like wow okay a stock went from a dollar to 10 that's crazy I gotta learn like there's some money to be made there and I didn't make money for a long time and I didn't even want to tell people about it because I just lost money but if I would have switched to Forex at that point and had to rearn and all that stuff it It's just tough right but to each person like

35:24 maybe that is the switch they need to do so for me I can't really tell you what to do right it's just you kind of no you got to have faith in in whatever you're doing so would you say that there's a a main furu flag like a main thing that you like furu you know what I mean what's the main main top one for you like that a furu I mean usually it's on the phone

35:53 flipping around x amount of profit with like there's no like like sense it's just like oh I made 25k and it's just like he's never shown anything other than how much he's made and in that video there's some sports car or some sort of like see the lambo right everyone's like Lambo whatever like yeah 99% of the guys with those Lambos and and whatever they're renting him for that video and maybe they did make that money one day sure but it's like you

36:22 know it just it's tough because people don't want to do stocks because you have to have so much money like the barrier entry so tough so they end up believing these 4X guys because they just they're like well I'm never going to be able to save up for 25 Grand and it just it's tough right it really is so they're selling him a a dream that's just like that's I think that's like winning the lottery being a$ to a million or

36:45 whatever in Forex but I don't know but the lambo's not cool anymore like a Lambo 10 years ago was like good marketing now I think a Lambo now is a kind of a slight bit of a furu flag like people are like another Lambo person do you know what I mean it's not it's changed right the lambo's not cool anymore yeah like the affiliate marketing guys and all those guys they all have them yeah so but the lambo has

37:10 been it's been saturated right it's been overdone and it's not cool anymore like the lambo isn't cool anymore it's weird go get a McLaren or something I guess yeah but I mean for you you what what motivated you personally to be on on Kino and and like how how much transparency is too much transparency have you thought about is that's a good question I mean the only reason I'm on Kimo personally is because for me and I

37:36 you know I'm never going to sell something because I do have you know I'm part of my shirt it's mercus marcet University you know I didn't create the course but I'm a mentor and I also have like my archives so I have basically live commentary as well as like my trading that I do sell for for people that want that or if they buy the whole course you know you can get some of those archives in that I don't want to

37:57 do that unless I'm transparent with people right it's like it makes me feel bad and once I saw Kimo whenever I was at Traders for cause last year they gave us a free subscription and I was like yeah let me let me use this and the more that I did I was like yeah this is this is exactly what has been needed in terms of like I can show you that this is verified profit and yeah you can say oh

38:17 but maybe you have another broker that you lost 900 Grand on and it's like okay that's pretty difficult to do the way like I'm going to take all losses in this one I'm going to take all in this one it's it's impossible okay you know at that point like just you can watch my trading and it's another thing that like I'm transparent on Kimo with that and I make compared to n like I made a very

38:41 very small fraction not even 10% prob not even 5% of my profits overall in my life from like selling that subscription so more of it is as a teacher it's kind of like reviewing film I'm doing it by myself but if other people are asking me questions about that film and about what I'm doing it's like me just doing it again and kind of having to describe what I'm doing which in turn makes me better at it so it's kind of like a

39:07 win-win for me yeah but in terms of being too transparent yeah I don't know I mean as a discretionary Trader I think that's where I kind of always go back to like yeah I post all my trades and you could try to reverse engineer and whatnot but as a discretionary Trader I'm always kind of changing kind of what I'm doing compared to or like for what the market is as well as like overarching I'm trying to trade less and trade just

39:34 those bigger picture setups where there's enough volume and liquidity to go around for a lot of people it's not like we're in competition and that's another beauty of of trading I don't mind sharing my my stuff because I don't feel like it's going to be like taken from me I have enough faith in myself and like my worth ethic to where like yeah maybe tomorrow it stops working but I be able to figure out some other way

39:58 to make it happen right so very nice and I'm just going to close out I think we're coming to the the final part yeah give some fantastic answers though I just want to close out with a few few questions for beginners so the first one is what are the first steps every new Trader should take to master risk management that's a good one yeah I would say mastering risk management starts with that small size too cuz you

40:27 you can't master risk when you're doing too much size and then that emotional side of things comes into play and you're like you know you can't even really trade the setup the right way so for sure make sure your sizing is proper because if you're oversizing you're not going to be able to really properly manage your risk and for me I'mma cut losses quickly I'm never really adding on a loser ever so that's a risk management technique that I use I'm just

40:52 never adding to a loser I'd rather just cut it and get in lower and also I kind of have a rule where if a stock is is really dropping hard and I've lost like five five in a row that's kind of another thing where I'll either really reduce size or stop being so active and kind of wait kind of switch up my like the way that I'm trading so the to each person's different depending on what

41:17 strategy they're trying to take but it definitely you need to be looking for you know depend 3 to one 5 to one I think two to one it can be okay depending on what trading but you want to have that outsize reward with the tighter risk because it's less stressful those are the best trades for me I get in I'm in it I call it the driver seat position I feel like I'm in the driver's seat and I let that trade work but when

41:41 I'm you know for me when I'm buying super high on a chart that's extended I'm in there and I'm immediately scared that this thing's going to drop on me and to really have P risk in that situation when stocks will drop a dollar. 50 cents or whatever and then I'm Market order right so even if I sell I could still get slipped down pretty far yeah yeah especially so it's you know it's kind of like you have to have

42:04 risk management compared to what your strategy is and for me it's cutting losers super super quickly on almost alline trading unless it with a quality setups so you got to be very you know there's no there's no like set thing and I try to not have those set things in my trading other than not adding on losers and not like you know going past my Max lost and and that type of stuff where you got to live to trade another day you

42:32 don't want to blow yourself out in one trading day for like a months worth of profit which it's easy to do that you you know to say no but in Tims the next question was resources for people getting started but I guess if people want to trade with Tim or trade like Tim you you've already mentioned the resources you've already said the room I'll put the link in the description of the podcast and I'll tag in as well so anyone who wants to learn

42:58 more about your service or the service of the room that you're in with the way of helping your buddies I'll I'll put that link and just drop me it on email at the end is there anything else you recommend for sure like YouTube I when I first started there was not many people on YouTube that showed like how they were actually trading I mean there's a lot of free resources out there I mean Relentless Trader streams

43:19 every morning on YouTube for free his trading there the trading fer does that too I me there's guys out there as well as like me Mighty stalk Trader and there's guys that will post YouTube videos like I have some where you can watch a whole day of trading of mine and you've got I don't know I think there's 200 videos or something where you can see me go from making a $100 a day to thousands of dollars a day and kind of

43:44 the thought process that change from that to then so if you don't have the money and you know don't don't feel bad there's so many free resources out there now on YouTube and and I can attest for these guys being transparent all of them that I just mentioned I can attest for them being transparent for sure Mighty St and went with Trader because I know them personally and I've met them personally and I attest a lot of My

44:06 Success to meeting them in the chat room and the other people that kind of are around them just because man when you're around a bunch of guys that want it like that it's hard to not always like you know have a fire up under you like oh they're beating me every day like I'm trying to get to that point and then there's another guy that's way better than me that I can see okay I could get

44:27 to him too so you know the networking from from Twitter and from YouTube and just you know being active in communities is huge for sure huge yeah we just had the trade in F mod yeah I really liked him he's a he's a pretty raw guy he's raw guy he tells the truth he's snow ballshit he says what's on his mind I like I liked him a lot yeah just to close out do you have one

44:52 final piece of advice one Golden Nugget and then we'll close out just for the a final message from the today's sponsor I mean I got to always say for me it's a I say never give up but you also have to be realistic so have something on the side try to schedule your career around trading because you do not have to just do trading you can definitely make money you know working a job where you go in a little bit later

45:20 because for me and for a lot of traders that I know all you need is an hour two hours and there's guys that'll work their jobs from home and still do that so I it's like kind of long- winded but never give up if you really want to do trading just you can't give up and you always got to try to refine yeah it's it's like bowling a perfect game I bowl a lot and you have

45:42 to keep switching up your throw to get that perfect ball to get a strike and depending on like how the oil is on the lane and all that type of stuff it's just it's just little little things that you switch up until you're like oh that's it all right but then say say if you've done like 10 straight years and you've never had a green years the time to time to rap it or it's cuz it's

46:02 not for everyone or would you just say keep going you'll get it if you're working hard every single day and you're networking every single day and you're watching every single day it should come you should see improv I I really think it should if that's if that's like where your main focus is and if you're really like truly when you are studying I know there are people that'll study but then maybe they're watching something inside not full locked in it's the same thing

46:24 with school like I would do that when I was trying to study the test cuz I didn't care about it that much you if you don't have a passion for it I'll say that if you don't have a passion for it like a true passion to where like you're having dreams about freaking charts yeah yeah it may it may not be for you because yeah 95% of people lose and if you're not obsessed yeah it's hard to be

46:43 in that 5% now that makes sense we'll close on that thank you so much for your time really appreciate you coming on here fantastic to have someone in the top end of the leaderboard making so much money give give the perspective and advice and we'll close out with this message well guys just wait one second I just do want to remind you all the center point Edge offering is available to everyone we've got the link just down below in

47:08 the description check it out and thanks for watching