Do You Want $1,000?

loose cash copy

URGENT: You have 48 hours to save $1,000 on Tim Grittani’s study guide ‘Trading Tickers’ here and there are exactly 12 spots left for his on-time only live trading webinar…once they’re gone, they’re gone so PLEASE don’t whine to me afterwards, we’ve given you several days to secure your spot for that incredible webinar and to lock in crazy savings on his upcoming DVD here

I’ve been incredibly fortunate with my trading gains HERE and my teaching success HERE and now my top students and I are giving back to you since we’ve become millionaires, so we’re giving you the opportunity to put $1,000 in your pocket by following my instructions…and I know how useful an extra $1,000 can be, especially when you’re starting out.

I’ll explain…

I am still working on my detailed ‘Trading Tickers’ review, but since this DVD is 16-hours and probably the single best educational guide ever created (even better than this classic), it’s taking me a bit more time…I’ll have my 3,000+ word (so far) review up on Tuesday, but I wanted to post these videos below because not enough people saw them and this is your FINAL chance to save 60%+, or $1,000, off the regular price which will NEVER happen again.

…trust me, once more people see this study guide from a guy who turned $1,500 into $2.7 million in 4 years and shows you EVERY step of the way, you’ll realize just how helpful/crucial it is to your trading career and you’ll be paying much more $ in the future and you’ll miss out on his one-time only live trading webinar where you can see the master work in realtime.

I know I sound like a dick by telling you to go to http://timgrittani.com and pre-order your copy, save $1,000 and secure your spot to his one-time only live trading webinar, but I know you’ll be thanking me after it’s all said and done so I do my duty proudly.

Here are 2 MUST WATCH videos and we’ve transcribed them below for our valued deaf students: Continue reading

How To Be A Stock Trading Asshole

businessweek lambo copy

URGENT: FINAL 4 days to save $1,000 off this millionaire trader’s study guide that will revolutionize the financial education field (I’ll be writing my full review this weekend) and when you pre-order his 16-hour DVD, you also reserve your spot for his one-time only live trading webinar in a few weeks…don’t wait, there are only 15 spots left, going fast!

I’m not going to argue that the world of stock trading isn’t full of scumbag assholes. I call plenty of them out here on my blog – like the “Teen Wolf of Wall Street” (who I called out way before the media figured out he was a scam artist) and Jordan Belfort (who’s still going out of his way to screw his victims).

But the majority of the traders I know aren’t assholes. They’re college kids, blue collar workers, single moms, retirees and other people who are just trying to make a better life for themselves. They see the money that can be made in the stock market, and all they want is a little piece of it to pay off bills, help out family and friends, or make life a bit more comfortable.

That said, when you’re dealing with anything high stakes, like the stock market, it’s easy for good-intentioned people to get swept away by the pressure. That can lead to asshole behavior, so check yourself before you wreck yourself with the following mistakes:

Refusing to cut your losses

This is one of the biggest ego trips I see traders falling victim to. You get caught up in a stock’s story, and you’re sure it’s going to turn into something big. So you hang on and you hang on – even after it’s clear that the price action isn’t going the way you expected.

You’re staring down a big loss, but you only have your ego to blame.

Sure, you might try to pass the buck to the chat room that gave you the “hot” tip in the first place, or the promoter who filed the fake press release that got you attached to the stock. But at the end of the day, that’s irresponsible. Real traders take real responsibility for the mistakes that cause their losses.

The solution to this problem is something I’ve taught again and again on this site. I’m a conservative trader, so maybe this comes more naturally to me, but you’ve got to get used to the idea of taking smaller profits (or even small losses versus big losses).

Let me ask you, which is better? Jumping out of a $0.02 stock when it hits $0.50 a share – even if you think it might go higher – or getting squeezed after it peaks and heads back down? Or what about getting out of a $0.25 stock when it hits $0.20 – even if you think it might turn around – before it hits $0.20?

Big profits are great, but you can’t risk your portfolio chasing them all the time. Small gains made more consistently over time beats a few big wins any day.

Refusing to be open to other ideas

On this site, I teach traders to follow predictable patterns that regularly occur in the penny stock market, because I honestly believe that’s the best way for people who are starting with small accounts to get ahead.

But is that the only way you can make money as a trader? Of course not!

There are thousands upon thousands of different trading strategies out there. Even some of my students wind up taking a different approach than I do, once they learn the foundations of how I operate. I tend to be big on short selling, for example, but my millionaire student Tim Grittani likes trading run-ups.

The thing is, it’s not about the particular trading strategy you use. You can be successful thousands of different ways, but you might not find the approach that works for you if you’re so close-minded that you aren’t open to other ideas.

In Tim’s case, short selling would have been the wrong fit. Fortunately, he was able to build on the fundamentals I taught him and find the path that led him to turn a few thousand dollars into more than $2.8 million.

It all comes down to being willing to learn.

I love this quote from Nobel Prize winner Niels Bohr:

“An expert is a man who has made all the mistakes which can be made in a narrow field.”

I’m an expert at what I do, but I’m just one person working one narrow field. Start with good fundamentals, but then don’t be afraid to learn more or try new things.

Putting money above everything else

If you took a quick look at my recently popular Instagram feed, you might think that I like to brag about the money I’ve earned and the things I’ve been able to buy or do as the result of making money.

And I’m not going to lie, I brag a little. I’m proud of all of my hard work, but I don’t just post pictures to show off. I post them to inspire my followers to strive for the same kind of success in their own lives.

Earlier this year, I started a this new brokerage account with less than 1% of my net assets. Why would I do that when I could be trading with the millions of dollars I’ve made as a trader and teacher?

It’s because money isn’t the most important thing to me.

With what I’ve learned in my 15+ years of active trading, I could shut everything down here and focus on trading full time. I’d probably make way more money, but honestly, that’s just not where my focus is right now.

My goal now is to make the most millionaire students out of any stock trading teacher out there. And it might sound crazy, but I find that goal to be so fulfilling that I don’t care if I miss out on some potential trading profits to reach it. It really is that important to me.

Money is great. Money lets you do fun things, like take luxury trips and buy fancy sports cars. But money isn’t the most important thing in the world.  When you start treating it that way – when you start to feel like you’ll do anything to make more money – you put your success at risk.

If you have to make money to feel good, you’ll try to force trades on setups that aren’t actually all that good. You’ll take bigger risks than you should, just to chase the dollar signs.

Don’t fall into that trap. Find something that really fulfills you instead, and let your excitement about that keep your desire to profit in check.

Losing sight of the importance of family and friends

On a similar note, watch out for getting so caught up in trading that you forget about the people around you.

I know you’re excited about penny stock trading, and I know you’ve got a lot to learn. Hell, you could sit with your nose buried in your computer 24 hours a day and still not do all the learning you want to or all the research you think you should.

But you know what? That’s a quick way to burn out.

There’s a reason most of the guys working on Wall Street are young. The 24/7 trading lifestyle just isn’t sustainable, and I want you to be around for the long-haul.

If your eyes have started to glaze over from the glare of your screens, there’s a good chance you’re turning into a stock trading asshole.

Take a break. Step away from the computer. Go find the important people in your life and spend time with them.

I guarantee you’ll come back feeling rested, refreshed and recharged.

Refusing to give back

This last point I want to make ties into what I said earlier in this article about putting money above everything else.

The reality is, I can tell you not to let your desire for profits get out of hand, but when you start seeing the dollar signs roll into your brokerage account from your successful trades, it’s hard not to get swept up by the money-making rush.

I get it – I’ve been there. I’ve definitely been guilty of prioritizing money in the past.

But while I’ve already talked about why that’s dangerous, one of the best things you can do to counteract it is to find a way to give back.

There’s something really powerful about helping those who have been less fortunate than you, and I’m a little embarrassed that it’s taken me this long to figure it out. But what charity work does is it puts things in perspective for you.

Do you remember when I shared my story of working with Ewan through Make-a-Wish a while back? It really reminded me of how blessed I really am. If my biggest problem in the world is worrying about a trade that didn’t work out, how can I not feel humbled knowing that other people are struggling with things like the inability to even communicate?

There are people out there with much bigger problems than a small net worth. Find them, and find a way to help them. It’s just about the only guaranteed cure I can think of that’ll prevent you from becoming a stock trading asshole.

Want to learn even more about what it takes to stay sustainable as a penny stock trader in the long-term? All of my Millionaire trading challenge students get personal access to the tips and tricks I’ve learned after trading for more than 15+ years. Join me today to learn my secrets!

20 Key Tips From Multi-Millionaire & Billionaire Entrepreneurs

UPDATE: Happy Father’s Day 2015, watch this free video lesson I made to celebrate today, including detailing the best stock chart I see right now

Look, I’m not going to lie. Trading stocks requires a certain amount of acceptance of failure and for dealing with those downs, there’s nothing more helpful then hearing about how the most successful people in the world deal with failure/mistakes. Continue reading

7 Tips For Recovering From Penny Stock Trading Losses

“I lost big”

I hear that from too many people before they begin learning key stock trading rules like these — and sometimes even after they’ve learned them and broken the rules.

Here’s what happens and how to react:

You’ve been following a stock for what feels like weeks when a big penny stock press release comes through. The company has just entered into an agreement with a leader in its industry.

You’re sure the stock is going to blow up, so you plan out your positions, deciding on where you’ll buy, where you’ll sell, where you’ll short sell and where you’ll buy to cover.

You execute your trades and then watch as… the stock does the exact opposite of what you expected.

It doesn’t matter why the trade went south, the sad fact of the matter is that nothing in this market is guaranteed. All the signs can line up perfectly, and you can still have investors get spooked, sending the stock in the opposite direction.

This has been happening the past few days, see my video lessons HERE and HERE so you can adapt to the current market conditions.

The bottom line is that you’re going to be wrong about a stock sometimes and you’re going to have losses as a penny stock trader – and they’re going to suck.

Nobody likes losing, but it’s inevitable.

I’ve been doing this for years, and I still only win about 75% of the time (including some pretty spectacular losses – like when the hedge fund I was running dropped 35% in value) when I got away from my trading rules and tried investing in an illiquid stock (lessons learned…trust me)

I know what it’s like to lose, but I also know that if you let these losses get you down, you’re trading is going to suffer. If you want to stay in this game and succeed in the long run, you’ve got to learn how to stay motivated after trading losses.

Tip #1 – Walk away from your desk

When you hit a bit loss, the first thing I want you to do is to get up and walk away from your desk.

Your natural instinct is probably going to be to find a better trade to recoup your losses, but one of the worst things you can do for your portfolio is to try to force trades that aren’t really there.

Taking a loss is an emotional thing, but you can’t let those emotions interfere with your career as a trader. Take a break and try some of the other tips in this article until you’re able to come back to the computer with a clear head.

Tip #2 – Work out your frustration

So what should you do after you get up from your desk? Your first thing should be to find a way to work out your frustration.

I like to go for a run to help clear my mind, but you might also find it helpful to hit the gym for a weightlifting session or take a kickboxing class to work out some aggression. If you aren’t the physical type, writing in a journal or doing some yoga might help calm you down.

No matter what you do, I want you to think about using all of your anger and frustration to power this activity. Kickboxing is a great example for this reason. Don’t think of yourself as punching a heavy bag – you’re punching your losses in your face.

Really get into it and picture your negative emotions leaving your body. It sounds cheesy, but you can’t just plow through your hurt feelings after a loss. You need to recognize them and find a way to use them productively before you can hit the computer again.

Tip #3 – Do something you love

Now that you’ve worked through your negative responses, I want you to spend an hour or two doing something you love that has absolutely nothing to do with trading.

If you’re a big reader, pick up a book. If you’re a pet lover, take your dog to the dog park for an extra frisbee session. If you love being outdoors, spend an hour walking through the most beautiful place you can think of (and easily get to).

The goal here is to fill the void left by your post-loss frustrations with something that energizes you and engages your passions. Basically, you’re replacing bad feelings with good.

Again, I know this sounds like I’m going all “new age-y” on you, but the thing is, trading is as much an emotional game as it is a mathematical one. If you’re going to succeed over time – which is necessary if you’re starting with a small account – you’ve got to learn how to get your mind right, especially when it comes to dealing with losses.

Tip #4 – Remember your first successful trade

Another thing I want you to do while you’re working to overcome your loss is to think back to the first really successful play you made as a trader.

We’ve all got one, but I don’t just want you to think about what the stock was or how much you made. Really dig deep into the memory.

How long did you research the company before making your play? What factors made you execute on this particular setup? Do you remember the moment you realized your trade was going to pay off?

Make the memory as real as you can for yourself – even go so far as to remember where you were sitting, what you were wearing and what kind of day you were having. Immerse yourself in the memory and try to recreate the excitement you felt at recording your win.

That’s the kind of passion and energy that’ll help you get back on track after taking a loss.

Tip #5 – Plan a luxury purchase

Another fun technique I like to use when I feel like my motivation is lagging is to plan out a big luxury purchase.

And I don’t just think in my head, “Oh, maybe I’ll buy another car soon.” I head over to the Lamborghini website to check out the different models, read the technical specs and watch videos to figure out exactly what kind of car I want, what it’ll cost me and where I can get it.

If your dream is to take a luxury cruise, take an hour to research different cruise lines, looking for the one that offers the highest standards of customer service. Pick one, and then go to their website and plan out your trip. Where will you cruise? What cabin will you stay in? What other excursions can you plan in your trip’s departure city?

Again, the goal here is to get yourself excited. This is what you’re working towards. This is why you’re trading. Sure, losses may be a part of the process, but so are the rewards. Make them so real you can practically taste them, and you’ll find that you’re able to see your losses as just minor bumps in your rearview mirror.

Tip #6 – Read about inspiring traders

If you still need more motivation, try reading the stories of inspiring traders. You might be surprised to find that even the biggest names in trading history took major losses before experiencing success.

Of course, I recommend starting with my book, “An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund” (which you can get for free here), but you can also check out:

Hopefully, reading this books will show you that successful trading isn’t about winning 100% of the time. It’s about winning more than you lose and doing whatever it takes to stay in the game.

Tip #7 – Give to charity

My last tip is simple… If you really can’t get over your losses, get out and do something nice for somebody else.

The cool thing about charity is that it doesn’t have to be some grand, sweeping gesture. Those kinds of experiences can be powerful, sure, but real charity is as much about the little actions as it is the big ones.

Make a small donation to a cause you care about. Or better yet, set up a time to go volunteer for a few hours with a great organization in your area. I guarantee you won’t feel as bad about your finances after you spend an hour working at a food pantry or a domestic violence shelter.

Let’s face it… The fact that you can afford to trade at all is a huge luxury. Even if we don’t all have as much money in the bank as we’d like, the fact that we can focus on building wealth – and not on things like walking miles for water or going without food, shelter or sanitation – means we’re all pretty fortunate.

Keep your losses in perspective. There are plenty of people who would kill to be in your position – losses and all.

Have another strategy you like for dealing with penny stock trading losses? Share your favorite tips and tricks by leaving a comment below:

The 20 Most Powerful Publicists In Hollywood

I’ve met my fair share of famous people throughout my life. From Paris Hilton to Magic Johnson, my extravagant trips and the great parties that I am invited to get me access to some of Hollywood’s elite.

Tucci at the Hunger Games Premier!

Tucci at the Hunger Games Premier!

Woody at the Hunger Games Premier

Woody at the Hunger Games Premier

Magic Johnson!

Magic Johnson!

My buddy Spike Lee.

My buddy Spike Lee.

Showed Paris my Lambo!

Showed Paris my Lambo!

Hot-tubbing with Usher.

Hot-tubbing with Usher.

Working out with Beiber

Working out with Beiber

Tebow Time

Tebow Time

Lena Del Ray has some great music!

Lena Del Ray has some great music!

Can’t forget this hockey star with the Stanley Cup playoffs happening!

Can’t forget this hockey star with the Stanley Cup playoffs happening!

That made me wonder, who are the powerful people that represent them? Well, Business Insider did a great article (http://www.businessinsider.com/20-most-powerful-publicists-in-hollywood-2012-10?op=1) with some of the best. So meet the 20 most powerful publicists in Hollywood as well as the people they represent!

Whether they’re crafting an actor’s image, babysitting a hard-partying starlet, fielding phone calls from press, or helming a multi-million dollar movie campaign, publicists are an integral part of the showbiz machine.

And they’re getting paid big bucks to do so. “The most basic services start at $4,500 a month and escalate toward what she calls ‘the high six figures’ annually for corporate clients,” reports one top Hollywood publicist in a 2011 New York Times profile. That’s actually a pretty good salary, but they have much more stressful jobs than many of my students and don’t have the freedom to work from anywhere (thanks wifi)!

20.) John Wentworth, Executive Vice President at CBS Television Distribution

Clients: “Dr. Phil,” “The Doctors,” “Rachel Ray,” “Entertainment Tonight,” “The Insider,” “Inside Edition,” “Excused,” “Judge Judy,” “Judge Joe Brown,” “Wheel of Fortune,” “Jeopardy!” and “Swift Justice With Nancy Grace.”

Why he makes the list: He oversees the publicity of 12 syndicated shows. Before his current position at CBS, Wentworth was EVP of Marketing and Communications for 11 years at Paramount Network Television.

19.) Nicole Perna, BWR

Clients: Jessica Chastain, Chloe Moretz, Sharon Osbourne, Jenna Dewan, Lucy Hale, Johnny Galecki, Ryan Phillippe, Diane Kruger, Nikki Reed, Kellan Lutz.

Why she makes the list: Perna, who has been at BWR since 2002, was promoted in June to help develop new strategies to support talent in a changing digital landscape.

18.) Jill Fritzo, Publicist at PMK*BNC

Clients: Kim Kardashian, Khloe Kardashian, Kourtney Kardashian, Brooke Shields, Shannen Doherty, Denise Richards, Kristin Chenoweth, Vanessa Hudgens, Michael Strahan.

Why she makes the list: She reps all three of the Kardashian sisters. Nothing else really needs to be said. Last year alone, the Kardashian empire pulled in roughly $65 million.

17.) Joy Fehily, Partner at Prime Public Relations and Communications

Clients: Aaron Sorkin, Olivia Wilde, McG, Seth McFarlane and Graham King.

Why she makes the list: Joy is the founding partner of PRIME Public Relations, which is a Los Angeles-based firm providing communications, brand management, marketing, strategic planning and social media services to the entertainment industry.

16.) Howard Bragman, Founder, Fifteen Minutes PR

Clients: Stevie Wonder, Camille Grammer, Chaz Bono, Petra Ecclestone, Adrienne Maloof.

Why he makes the list: With over 30 years of PR experience, Bragman now serves as an ABC News Consultant for “Good Morning America,” is the resident Public Relations Expert for “Entertainment Tonight,” resident Spin Doctor for HLN’s “Showbiz Tonight” and was a frequent contributor to “The Joy Behar Show.” He is the author of the book “Where’s My Fifteen Minutes?,” has over 118,000 followers on Twitter and a deal with E! for a scripted series about PR — inspired by his real-life experiences. He’s a big deal.

15.) Danica Smith, Publicist at PMK*BNC

Clients: Colin Farrell, Olivia Munn, Wanda Sykes, Mike Epps, Zach Braff, Matthew Fox, Michael Pena, Carmelo Anthony, Kim Cattrall.

Why she makes the list: Longtime publicist and PMK executive, Smith is a masterful talent publicist representing actors, actresses, comedians, sports stars, and personalities.

14.) Nicole Perez-Krueger, Publicist, PMK*BNC

Clients: Matthew McConaughey, Christina Aguilera, Lauren Conrad, Jewel, Whitney Port, Marisa Miller, Stacy Keibler and Jeff Lewis.

Why she makes the list: A veteran entertainment industry publicist, Perez-Krueger joined PMK*BNC in June of 2011 from Rogers & Cowan. Perez-Krueger has an innate sense of media and is an expert at managing the images of her high-profile clientele.

13.) Amanda Lundberg, co-head of 42West’s Entertainment Marketing Division

Clients: Tom Cruise, Kelly Ripa, Bobby & Peter Farrelly, “Bridesmaids” director Paul Feig.

Why she makes the list: As the co-head of 42West’s Entertainment Marketing Division, Lundberg oversees film release campaigns, awards campaigns, and publicity initiatives for filmmakers.

12.) Jill Hudson, VP of Publicity at FOX

Clients: Jill is the lead publicist on two of Fox’s biggest shows, “American Idol” and “The X Factor.” She also used to run publicity for the network’s longstanding hit, “The Simpsons.”

Why she makes the list: According to Gaude Paez, Vice President of Corporate Communications at FOX, “Jill is one of the most well-liked and respected network publicists I know, and I don’t think any list of top Hollywood publicists would be complete without her. Her ability to manage huge brands like ‘American Idol’ and ‘The X Factor’ and work with high-profile talent like Simon Cowell, Paula Abdul, Jennifer Lopez, Steven Tyler, and Britney Spears makes her a huge asset for the FOX network.”

11.) Adam Keen, EVP, Worldwide Publicity & Corporate Communications at Relativity Media

Clients: Keen recently led the worldwide theatrical publicity campaigns for Relativity’s box office hits “Act of Valor” and “Immortals,” as well as the successful launches of “Mirror Mirror,”” Limitless,” Steven Soderbergh’s “Haywire” and “Shark Night 3D

Why he makes the list: He’s worked everywhere! Before joining Relativity, Keen was senior vice president of Worldwide Publicity & Corporate Communications at Overture Films, head of Entertainment and Brand Strategies Division at I/D Public Relations, and spent five years as the senior vice president of special projects at MGM & United Artists where he oversaw specialized publicity efforts for both the domestic and international divisions.

10.) Cindi Berger, Chairman and CEO of PMK*BNC

Clients: Robert Redford, Mariah Carey, Billy Crystal, Barbara Walters, Simon Cowell, Rosie O’Donnell, John Legend and Harry Connick Jr.

Why she makes the list: Berger got her start at publicity firm PMK as the receptionist and worked her way up the ranks to become chairman and CEO of PMK*BNC. She has led countless film campaigns and consults for The Weinstein Company. She also helped launch and continues to work on the award-winning talk show “The View” and “The Barbara Walters Specials.”

9.) Lewis Kay, COO/EVP, Entertainment at PMK*BNC

Clients: Jimmy Kimmel, Amy Poehler, Will Arnett, Zooey Deschanel, Louis CK, Tracy Morgan, Chris D’Elia, Joel McHale, Sarah Silverman and Paul Scheer.

Why he makes the list: He reps the kings and queens of comedy. Kay also oversaw efforts to grow the agency’s overall social media presence by a whopping 4,300 percent in just two years and is an expert in how to effectively utilize social media tools to enhance any communications strategy.

8.) Nanci Ryder, Co-Founder of BWR

Clients: Katie Holmes, Mila Kunis, Ewan McGregor, Viggo Mortensen, Blake Lively, Johnny Galecki, Renée Zellweger, Amber Valletta, Matt LeBlanc, Eric Dane, Rose McGowan, Terrence Howard.

Why she makes the list: The “R” in BWR stands for Ryder.

7.) Leslie Sloane Zelnik, Publicist and co-president, BWR

Clients: Katie Holmes, Blake Lively, Kate Beckinsale, Megan Fox, Zoe Saldana, Diane Kruger, Michael J. Fox, Sarah Michelle Gellar, Emmy Rossum, Lucy Hale, Gretchen Mol, Melissa McCarthy, Chris Rock, Jason Biggs, Penn Badgley, Edgar Ramirez, Nikolaj Coster-Waldau, Chris O’Donnell, Mariska Hargitay, keke Palmer, Katharine McPhee, Lauren Graham.

Why she makes the list: Despite saying “God I hate stuff like that” when contacted about this list, Cindy Guagenti — the managing director at BWR Public Relations — then recommended Leslie Sloane as one of her top picks to get a spot on our list.

6.) Shawn Sachs and Ken Sunshine, Co-CEOs, Sunshine Sachs

Clients: Leonardo DiCaprio, Ben Affleck, Barbra Streisand, Bette Midler, Cyndi Lauper, Darren Criss, Demi Lovato, Guy Fieri, Harry Belafonte, Jessica Lu, Jon Bon Jovi, Karlie Kloss, Kathy Griffin, Katie Lee , Leonard Cohen, Lin-Manuel Miranda, Malin Akerman, Naomi Campbell, Nick Lachey, Novak Djokovic, Ryan Lochte, The Band Perry, The Jonas Brothers (Joe, Nick, Kevin), Trace Adkins, Trisha Yearwood, Tyler Perry, Andre Benjamin.

Why they makes the list: A quiet yet super powerful PR firm, their clients range from celebs and corporations to non-profits and politicos.

5.) Ina Treciokas, Publicist & Partner at Slate PR

Clients: Harrison Ford, Woody Harrelson, Sarah Jessica Parker, Leslie Mann, Anna Paquin, Owen Wilson, Liev Schreiber, Jon Favreau, David Schwimmer, George Lopez, Justin Theroux, Anjelica Huston, John Leguizamo, Eddie Izzard.

Why she makes the list: After working at ID PR, Ina co-founded Slate PR. At the time, ID founder Kelly Bush called the departing senior EVP one of her best friends. According to Deadline, “It seems like she is leaving at a time when Kelly is expanding the company into other more lucrative revenue streams, like brand representation and management, while Ina enjoys actual client representation.”

4.) Kelly Bush, Founder & CEO, ID PR

Clients: Ben Stiller, Tobey Maguire, Ellen Page, Drake, Christopher Nolan, Javier Bardem, Diane Lane, John Malkovich, Alicia Keys.

Why she makes the list: This NYT profile of Bush discusses how she persuaded Sony to cast Tobey Maguire as the lead in “Spider-Man” by lining up a sexy magazine shoot, can get nasty headlines removed from Google, and jokingly says her goal for ID PR is “world domination.”

3.) Robin Baum, Publicist & Partner at Slate PR

Clients: Johnny Depp, Ryan Gosling, Dakota Fanning, Chris Hemsworth, Daniel Craig, Alexander Skarsgard, Kate Bosworth, Naomi Watts, Orlando Bloom, Antonio Banderas, Melanie Griffith, Benicio Del Toro, Jared Leto.

Why she makes the list: Her client list speaks for itself.

2.) Meredith O’Sullivan, Head of West Coast Talent Department at 42 West

Clients: Jessica Biel, Reese Witherspoon, Will Smith, Ryan Reynolds, Rachel McAdams, Halle Berry, Rosario Dawson, David Spade, Scott Caan.

Why she makes the list: In addition to repping A-list talent, O’Sullivan is the head of the West Coast talent team at 42West — overseeing all staff.

1.) Stephen Huvane & Simon Halls, Founders of Slate PR

Clients: Jennifer Aniston, Neil Patrick Harris, Ryan Gosling, Harrison Ford, Kirsten Dunst, Anne Hathaway, Johnny Depp, Channing Tatum, Ryan Murphy, Ridley Scott, Jude Law, Matthew Broderick, Annette Bening, Frances McDormand, Sam Mendes, Nathan Lane, Ang Lee, Brett Ratner, Gore Verbinski and Tom Ford.

Why they make the list: After a long career in public relations and with a few brothers in the ‘biz, including CAA powerhouse agent Kevin Huvane, Stephen Huvane is deeply entrenched in Hollywood.

The Results From My Latest $20,000 Cash Giveaway

In case you missed it, I recently traveled to Los Angeles to give away $20,000 of my money to the worthiest people and causes I could find. It was an amazing trip and a great way for me to give back; in fact, I’m already thinking about what I can do next to help share my success with those who deserve it most.

Here’s how the whole thing went down… Continue reading

My Entourage Movie Review

entourage

The other day I was fortunate enough to see a special advanced screening of the new movie “Entourage” and within minutes of the movie ending I knew I had to write about it…

Why?

Is it a movie that had a crazy surprise ending or made me a smarter, more religious or complete person for watching it?

Nope!

As my recent video lessons have all been about how to better yourself and your life using simple, yet very specific trading tactics and techniques, Entourage the movie is good for you: Continue reading

4 Reasons You’re Not a Millionaire

jet watch copy

This morning I posted this picture of my microwave stuffed with $300,000 in cash:

A photo posted by Timothy Sykes (@timothysykes) on

It’s my way of celebrating my nearly 300,000 followers on Instagram (follow me here…trust me it’s worth it, especially given that I did a $20,000 cash giveaway last weekend to my followers and will be doing more soon!)

More importantly, I use this obnoxious photo to inspire you to make enough money so you can have your own $300,000 in cash and do whatever you want with it, save it, spend it on an exotic car, help your family and friends, start a charity to give away millions of dollars like I did…ANYTHING you want!

But first you need the right strategy to make millions and sadly, most people are on the wrong track.

Let me ask you, are you one of those people that plays the lotto, hoping – against all odds – that you’ll be the one to walk away with the million dollar jackpot?

Even if you are, I’m guessing Ed McMahon hasn’t shown up on your doorstep with a giant Publishers Clearing House check. Otherwise, you wouldn’t be here reading this post – you’d be off diving through your money-filled swimming pool like Scrooge McDuck!

But I’m going to let you in on a little secret today… The fact that you haven’t won the lottery yet isn’t the only reason you’re not a millionaire.

Over the past few years, I’ve dedicated myself to teaching the lessons I’ve learned earning millions of dollars trading penny stocks. Through that, I’ve had the chance to work with tons of different students – including a 29 year old single mother of two who’s up more than $50k since she started using my method.

Of course, not all of my students have been that successful, but what’s fascinating to me is that those who haven’t achieved their dreams of becoming millionaires haven’t missed out because they’re not smart enough or because they made bad trades.

Instead, the things that hold people back from getting rich and living the lives they want are much simpler. I’ve outlined four of these factors below. If you work hard and apply what I share with you below into your life, there’s no reason you can’t become a millionaire on your own with penny stock trading.

You Don’t Have Clear Goals

Here’s one of the biggest problems I hear from students. They say, “Tim, I really want to use your penny stock trading strategies to get rich.”

And that’s a great starting place, but I always respond back, “Well, what does “get rich” mean to you?”

The problem with setting a goal of “getting rich” is that it isn’t specific enough. You’re not going to get out of bed in the morning to study stock charts just to get rich, because that doesn’t really mean anything to you.

Let me show you the difference…

When I was growing up, I had a picture of a Lamborghini on my wall. That, to me, was what I was fighting for. I wasn’t fighting to “get rich.” I was fighting to be able to pay cash for my dream car.

I was fighting for the feeling I’d have sitting behind the steering wheel of one of the world’s most powerful cars. And I was fighting for the thrill of picking up girls and showing off to all the kids who’d teased me growing up.

That’s a dream that made me get up everyday and fight tooth and nail to become the trader I am today.

So what’s your motivation for wanting to get rich? Maybe sports cars aren’t all that appealing to you – maybe instead you want to use your wealth to tour the world, to take care of family members, to pay off medical bills or to leave a sizable inheritance for your children.

All of those are great goals, but what I want you to do now is to pick your top goal and make it as specific as you can. If you’re paying off medical bills, write down the amount of money you need to make to get out of debt. If you’re planning a round-the-world vacation, make a list of the specific countries you’ll visit – even go online and map out an itinerary of the cities you’ll visit, the hotels you’ll stay in and the tours you’ll take.

Whatever your goal is, get as specific as you can about what you’ll do with your money once you become a millionaire.

Now, I want you to find a symbol that represents the goal you just set for yourself. When I was growing up, it was the poster I looked at everyday, but yours might be something as simple as a picture on your computer’s desktop or a online dream-board of inspiring images.

Every morning, when you wake up, look at your symbol and visualize yourself completing your goal. Live it. State your goal out loud, and in your mind, see yourself living your dream.

You’re sending off your final payment to your mortgage lender and living payment-free in your dream home…

You’re sitting on the beach in Fiji, knowing that you’ll never have to return to your old job again…

You’re surrounded by family members, all of whom you’ve been able to help out financially as a way to pay them back for all the love and support they’ve given you over the years…

It sounds cheesy, but that’s what you’ve got to do to make your goal real enough in your mind that you’ll fight for it!

I’ve seen so many students give up along the way, not because they aren’t skilled, but because their dreams weren’t real enough to justify the hard work needed to become a successful trader.

Don’t be like them. Know what it is you’re fighting for and keep that specific goal at the front of your mind everyday as you work towards your dreams.

You Aren’t Willing to Work Hard

Now, about that hard work I mentioned above…  I hate to break it to you, but I’m not running a “get rich quick” scheme here. I’d be lying through my teeth if I told you that my journey to becoming a self-made millionaire has been easy and stress-free.

The reality is, I’ve screwed up trades. I’ve lost big time, and I’ve had to dig myself out of mess after mess. But what I’ve always believed is that I don’t have to win on every single trade – I just have to win most of them.

That’s why, if you look at my profit.ly account, you’ll see that most of my trades are actually pretty small. I’m not one of those guys that’s making millions every time I decide to buy or sell. I’m grinding it out, making a few hundred here and a few thousand there on my successful trades.

And the thing is, active trading is only a part of how I spend my days. The rest of the time, I’m researching companies, preparing the watchlists I share with my students, reading the news and studying everything I can about penny stocks so that I can give my students the best possible information.

Yeah, it’s a lot of work, but the rewards are absolutely worth it.

You Aren’t Willing to Fail

If there’s one thing I want you to take away from this article, it’s that truly great success involves hard work, failure, mistakes and transforming those mistakes into lessons that lead to big wins.

When I mentioned above that I’ve failed plenty of times, I wasn’t telling you that just to blow smoke. I really believe that the mistakes I’ve made have helped get me where I am today, because I’ve been able to turn them into opportunities for learning.

But while they’re helpful now, I’m not going to lie to you and say that learning those lessons was fun and easy. While some of my mistakes have been little stepping stones, others have been so big they’ve scared me shitless.

You can’t let this kind of fear hold you back, though. Don’t let setbacks make you quit – look at them instead as ways to mold you into a better, stronger trader.

When facing failure, ask yourself, “How badly do I want to succeed?” If you want it bad enough – want the goals you’ve identified and visualized for yourself – you’ll find a way to transform your mistakes into learning opportunities.

You Don’t Have a Mentor

I think we can all agree that mentors are pretty universally helpful, but I want to give you an example to show you just how important these teachers are:

Think about the top chef in your city. Now, think about what that chef had to do to get where he is today…

He didn’t start from scratch, buying different ingredients at the supermarket and testing them out, trying to figure out which ones taste good together.

Instead, he went to culinary school, where skilled teachers taught him basic recipes and the principles of cooking.

When he got his first job, he wasn’t running the line on his own. He was learning from the line chefs, sous chefs and head chefs who imparted the wisdom they’d gathered over their years of experience working in professional kitchens.

Sure, the chef may have experimented on his own and created his own dishes, but while doing so, he was standing on top of the knowledge and experience passed on from others who gave him the shortcuts he needed to succeed.

I think you get where I’m going here. You can go out on your own and learn everything you can about the stock market. Hell, that’s what I did for my first 15 years as a trader!

But it doesn’t have to be that hard. When you work with mentors, you learn all about the mistakes they’ve made in the past. Avoiding them will save you tons of money and countless hours that would otherwise be wasted.

If you’re willing to take the advice found in this article to heart, I want to be that mentor for you. I won’t trade for you, but I can give you the rules, patterns and lessons that have turned me into a millionaire.

Remember, you’re in control of you. Only you can decide how much or little you want to study, or how much or little you want to push yourself to become a millionaire. If you’re willing to set goals, work hard and learn from your mistakes, I’m here to help you succeed.

12 Free Educational Videos To Celebrate Memorial Day

I always celebrate Memorial Day as you can see in blog posts like these “How To Truly Celebrate Memorial Day & Enjoy Our Freedom (Also Links To My 30 Best Video Lessons)” and “10 Lessons To Truly Honor Memorial Day” since we are so fortunate to live in a world where the poorest person can rise up to become the richest, most powerful and influential person due to their own hard work and ambition all because our brave servicemen and service women have been willing to devote their lives to afford us our freedom. We don’t think about this enough and that’s sad.

All those who serve our great country should be congratulated far more often and I’m proud to teach hundreds of you guys as trading challenge students since you are severely underpaid for your efforts and the risks that you take! Continue reading