This is a great guest post from a recently new student of mine and it exemplifies the way I turned $12k into $3+ million and how my top trading challenge student Tim Grittani has turned a few thousand bucks into over $630,000 now in just 2 years: If you start with $1000 and make 1% per day while compounding it would take you 2-3 years to get above $1M. It would only take you 2 full years, but the markets are not open on weekends or holidays. That kind of consistency is tough to do and 1% at the beginning might not even cover transaction costs. However, it does illustrate how it is more important to have a winning trade strategy … Continue reading
Author Archives: Timothy Sykes
June 18, 2013 at 12:00 pm by Timothy Sykes
June 17, 2013 at 7:08 am by Timothy Sykes
Business/finance TV shows and movies usually suck. The writers/directors get too wrapped up in explaining the technical jargon and forget that people hate feeling confused/overwhelmed.
June 16, 2013 at 5:24 pm by Timothy Sykes
Despite my crazy schedule last week, I managed to put together some truly solid trades and bank over $10,000 as you can all detailed HERE Here are 10 lessons every trading challenge student should recognize:
June 14, 2013 at 12:00 pm by Timothy Sykes
A few days ago I wrote this blog post about how you don’t need more than a few million dollars to live extraordinarily well in this world… When some of my top trading challenge students made between $20,000 and $215,000 in ONE DAY as detailed HERE, I was quick to congratulate them as all it takes is a few days like that and then you’re literally set for life.
June 13, 2013 at 12:00 pm by Timothy Sykes
On my ridiculously expensive and comfortable first class ride home from Tokyo (get excited for this upcoming video, it’s almost as good as this one), I couldn’t help but laugh out loud at this logo I saw featured on one former penny stock promoter’s website:
June 12, 2013 at 1:00 pm by Timothy Sykes
This is a great guest blog post from a trading challenge student who has seen the benefits of using http://profit.ly/plans to data mine his trades. Analyze, analyze, analyze people! That’s the way to optimize your trading (and blogging if you’ve got one) Check out this guest post below:
June 11, 2013 at 1:00 pm by Timothy Sykes
I’ve been coasting the past few weeks… …enjoying another solid year of gains as I’m up $150,000+ in 2013, living it up in Japan on a trip that will likely cost me $45,000-$50,000 all while my top trading challenge students are making more $ than ever as you can see detailed HERE and, more importantly, have become self-sufficient traders just as I promised they would be when they initially joined my trading challenge. When my students can make $200,000+ in one day after starting with just a few thousand dollars 2 years ago:
June 10, 2013 at 9:00 pm by Timothy Sykes
My last day in Japan so this is the last guest post for a while…this is another good one, but I really enjoy writing, just haven’t had much time lately. It’s a tough life traveling in Japan, making a few grand from here on LOTED and then mostly just mentoring trading challenge students…on this flight I’ll definitely crank out some classic! As this post is being published, first class is boarding so I have to go — I’ll see you guys in the chatroom tomorrow!