Trader Tips
Apr. 4, 20256 min read

After a Spectacular Week of Trading, Here’s My Latest Advice

Tim BohenAvatar
Written by Tim Bohen
Reviewed by Ben Sturgill Fact-checked by Matt Monaco

Hey traders, I’m ready for an amazing April!

Last week was a fantastic start to the month. We had winner after winner…

Oracle wins, 9:45 AM trading window wins, morning faders, multi-day runners, RCTs, huge short squeezes…we had everything.

And speaking of short squeezes, check out the massive gain I called last Thursday for my Squeeze Master Pro subscribers:

And then there was iCore Connect Inc. (NASDAQ: ICCT), a multi-day runner that just kept coming back for more…

On Monday, it was an RCT win, and Oracle caught it too for a 200%*+ gain…

And then Oracle called it again on Tuesday (45%* return), on Thursday (122%* return), and Friday (30%* return).

Oracle is the tool I couldn’t trade without it. To see it in action, join one of our FREE live webinars.  

And guess what!!

The market was down…almost all week!!

And I’m not upset about it!

Why?

Because we continue to make money by focusing on penny stocks and day trades. They don’t care what the market is doing.

So leave the headline noise and major index action by the wayside. Instead, concentrate on the great day trade and penny stock setups we’re seeing every day.

But you also need to remember that when you’re in trades that start moving against you, keep those losses small.  

Real trading is about minimizing your losses so you can move on quickly and thoughtfully to the winning opportunities. 

And it’s also about avoiding a certain fixation…

The Thing That Drives Me Bonkers

There’s one thing that drives me absolutely insane — and if you’ve been tuning in to Pre-Market Prep or Friday to my Daily Double Down, you’ve heard me say it before.

I’m talking about the win rate obsession.

Win rates are meaningless…really.

New traders constantly aim for these sky-high win rates…80%, 90%, or higher.

But honestly…

If you’re new, you’ve been trading for a few weeks? A few months?

 

And you think you’re gonna out-win traders who’ve been doing this for decades?

Nope. We all have to put in our time and pay our dues…and that means taking many small losses.

So if you’re brand new, and you think a high win rate equals success, you’re focusing on the wrong metric.

Why New Traders Get This Wrong

I get it, winning feels good. Especially when you’re starting out.

You want that dopamine hit. You want to prove to yourself that you can do this.

But listen to this nugget of truth…

You can win 70% of your trades and still LOSE money.

Why?

You’re just spinning your wheels. 

You might feel like you’re busy making win after win, but if those gains aren’t big enough to cover your losses, you’re going nowhere.  

What You Should Really Be Focused On

Trading success isn’t about how often you win. It’s about:

  • How well you manage risk
  • How tight your risk-to-reward ratio is (I recommend 3 to 1)
  • And how disciplined you are with execution

Billionaire hedge fund manager, Paul Tudor Jones said it best:

“The most important rule of trading is to play great defense, not great offense.”

Here’s a little test…

Would you rather…

Win 7 out of 10 trades and break even?

or

Win 4 out of 10 trades and double your account?

If you picked the second one, congrats. You’re starting to think like a real trader.

Here’s What to Focus on Instead

Forget your win rate.

Focus on learning real day trading setups…the patterns that show up every day, offer clean risk levels…

The ones that are giving us an edge and giving us gains in a down market.

The more you master your setups, the more consistent you become…that’s how real traders grow accounts.

To spot those setups, practice trading them, and become consistent, you need a great trading platform that has real-time data, a paper-trading environment, charting, technical indicators and more.

My top pick is StocksToTrade. It has everything you need to stay ahead of the game.

And right now, you can get two weeks of both the STT platform and our Breaking News Chat service for $17.

Grab your 14-day StocksToTrade + Breaking News Chat trial today for only $17

My Final Thoughts…

I’m here to help you stay alive in this game so you can eventually go after bigger and bigger opportunities.

And if you spend your time obsessing over how often you win, you’ll miss the bigger picture.

Remember, it’s not about how many times you’re right. It’s about how much you make when you are.

Drop the ego. Drop the win rate fixation.

Start thinking like a trader.

Have a great day, everyone. See you back here tomorrow. 

 

Tim Bohen

Lead Trainer, StocksToTrade

 

P.S.

Gotta a case of the Mondays? 

Let me make it better…

Get my Money Monday setups in your inbox every week. 

These are trades that only show up on that day, and they can move fast!

We’re talking about the kind of move that can deliver more in one morning than most people see in a month. 

With Money Monday, you’ll also get an average of three hand-picked stock trades per month, a one-year membership to StocksToTrade Advisory, my Pre-Market Fast Break Video three times a week, and much more…