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How Trading Challenge Student Timm Anderson Has Made 83% In 5 Months

Watch these 7 free video lessons on how I became a millionaire

Thanks in large part for these 7 unfair stock market advantages, several trading challenge students have risen above everyone else and experiencing serious profits.

These 2 trading challenge students who have made six figures with my strategy that I’m taking to the Maldives are great examples.

Just like this guy up $500,000 and this student who turned $500 into $25,000 in just a few months (whose profits are now pushing $40,000 just a few months since he made this video below:)

Sure, sure, these are isolated cases, but once you study my 700+ video lessons and DVD study guides, you have better odds of success one very trade because you have a plan. And that plan makes all the difference.

My trading challenge student Timm Anderson just began learning the plan, but he’s been a hard worker and he’s quickly achieved success. Check out the 3 excited emails he’s sent me over the past few months tracking his success and remember you can see ALL his trades right here on Profitly so don’t you dare ask how he did it

This is Timm Anderson, a great American dedicated to working hard and profiting as you can see here

Tim Sykes Trading Challenge Student Timm Anderson

July 11, 2012:

I started trading in June of 2011 and at that point I had no idea what volume, bid, or ask even meant. I was simply trying to get an understanding of the market so I bought a couple books but I’m not much of a reader. However, they were helping me with some of the terminology. I was getting involved in trades with stocks in the 20 cent range and my success was limited. I began to watch Tim’s trades on Profitly that he would short and I would go long after his short. This is also, not a good strategy to use since my account was very choppy. So by this point I was not trading much since my success rate was not exactly good.

I had then noticed an application for Tim’s trading challenge and I immediately filled it out and within a month or so I was in! This was February 2012 I spent hours watching the DVDs and taking notes with every DVD I watched and every webinar. I began to understand the strategy but was having a hard time with my position size and I was not following the main rule of cutting losses quickly!!

I started to understand Tim’s strategy more but I was still making costly mistakes. I was bringing in gains around $200 but taking nasty losses around $500-$1000 and even as much as $1700. At this point I was feeling that I have failed and I considered quitting since trading has cost me thousands of dollars at this point and my account and leverage was shrinking. I went back and re-read all of my notes, and analyzed all of my trades. I added money to my account and I began paper trading and sticking to only the big pumps and things started to click.

I started using the wash rinse repeat method on the pumps and really started to get a good understanding of reading candlestick charts of all time ranges to understand support and resistance. A lot of this confidence came from the webinars to get a better understanding. But also a good thing to point out is price action and volume. If those three things are also not in place I will not touch a stock with the long position.

I have now expanded my trading to not just the pumpers but also other companies. I have used the tools that Michael Goode and Tim Sykes have given me and I can now make trades on my own and make them with confidence! I started to understand how much of a position to take and what I want to happen and if it doesn’t I just get out of the trade. I have nailed 17 out of my last 19 trades with over a $7500 gain in two months and this is with the PDT rule.

A lot of people ask me if I work and I do also work a full time job about 46 hours a week on third shift. I get home one hour before the market opens. When trading is slow midday I watched the DVDs and this is also a time for when I make up the webinars. I am rarely in the webinars live simply because I have to sleep before work for a few hours. Sometimes I catch about a one hour nap midday and on my 30 minute lunch break at work I also sleep. This is not exactly a great sleeping schedule but I’m very determined to be a good trader.
Doublehummper- Timm Anderson

July 26, 2012:

Hey Tim, I know its during the trading day and I normally like to send you emails after the trading hours however, you said that you are still doing a blog post on me so I would like to give you some updates now since I made that great trade today! I am now up $9,429 starting from $14,000 2.5 months ago. This is a gain of over 67% in 2.5 months. This is pretty amazing considering before you I was down thousands. I hope this helps in your blog post and this can inspire people!! Thanks again for all of your help

September 11, 2012:

I gotta thank you as I have now been exercising my short position much more into my trading strategy. I have been using smaller positions to get the hang of it(which has lowered my percent gains down from 5%) but Im feeling pretty comfortable already, and this has led to more gains in my account. This past month I went a bit sideways but I went through all of my notes again from the dvds and webinars and I corrected myself into more profits.

I am now up $11,539 since the middle of May and thats a 83% increase since my early choppy profit chart (-2,137)! And I know for all of those people with smaller accounts this has got to motivate them to study harder and want to learn this system as it starts to become second nature. I have officially gotten my account over $25,000 in just 4 months to pass the PDT rule!!!

Thanks again Tim, without you this is not possible for me; after my loss original loss ive gone 14k-26k and i cant thank you enough and i sooo wish i could come to the conference but my job will not let me off as i became a student in march and all of our vacation time was already picked.

Timm Anderson

http://profit.ly/user/doublehummper

Posted in Success Stories, Testimonials, Videos

  • NeverSayNever

    If this doesn’t inspire you, I don’t know what will. Great post!

  • Carl

    Great Post, he went through some of what I am experiencing right now – not cutting loses quickly… I need to slow the trading down and ramp the studying up!
    Thanks for posting this.

  • http://www.facebook.com/stantasook Sam Tantasook

    Congrats Timm!! Wait to go!! Thanks for the inspiration!!

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