This is a solid guest blog post from a trading challenge student who has realized what it takes to be a great trader like this young but successful trader. Infallibility would make you great so the title is a bit of a misnomer. The thing is that no one is infallible. Nobody can tell the future and no one has a formula. This is something I have said time and time again. The real key is to win more than you lose. That does not even mean the number of trades. If you happen to win big and lose small that works too, even if you lose quite often. You just have to win really big when you do win.
Category Archives: Basics
The Secret To Being A Successful Trader
May 22, 2013 at 12:00 pm by Timothy Sykes
Does Penny Stock Technical Analysis Work?
May 11, 2013 at 12:00 pm by Timothy Sykes
Yesterday one of my trading challenge students hypothesized about potential flaws regarding fundamental analysis on stocks, today he’s back with more warnings on the downfalls of technical analysis. Once you read the post below you’ll see this guy is VERY philosophical, I love it! You beginners out there probly won’t even understand this blog post, for you, just focus on the indicators that do work as I explained them HERE and HERE…I’m not right every time, but my winning percentage of over 80% the past year is due specifically to my using these indicators and trusting them. Here’s this guest blog post:
See How This Penny Stock Trader Lost 25% Of His Account
May 6, 2013 at 12:00 pm by Timothy Sykes
This is a sad but important blog post from new trading challenge student who broke my rules and paid the price. Shame on some of you for thinking that you’re gonna win every time or that you’ll somehow do great even when you break rules I’ve worked my ass off learning and refining for over 14 years. I’m not perfect at all — if you look at all my trades at http://profit.ly/user/timothysykes you’d see I lose roughly 30% of the time. Heck look over to the right side of this website and you’ll see I haven’t made much money the first week of May 2013 as I was over-trading and got caught with position sizes that were too bid when … Continue reading
All Traders Must Remember To Do This
May 5, 2013 at 4:00 pm by Timothy Sykes
URGENT: YOU HAVE 8 HOURS LEFT to use coupon code TIM32 to save 32% off any annual subscription plan HERE…for THE NEXT 8 HOURS ONLY Don’t be long these stocks the next few days See which 2 stocks are about to crash 50%+ It’s urgent you stay away from investing in these stocks This video explains why these stock will crash And if you want to actually bank like me, open accounts with these brokers as I’m short both stocks Then you’ll be able to experience amazing views like this and bank like this part-time trader PS Use the coupon code TIM32 on any annual newsletter HERE and save 32% off for the next 8 hours ONLY! PPS My longterm newsletter has a … Continue reading
Penny Stock Trading Risk Management: Cash & Position Sizing
May 2, 2013 at 1:00 pm by Timothy Sykes
URGENT: Remember to use coupon code TIM32 to save 32% off any annual subscription plan HERE for THE NEXT 72 HOURS ONLY This is a solid guest post from new trading challenge student N.P. For some more penny stock trading basics, review my 94 lessons here
4 Trading & Investing Lessons From Ancient Rome & Lamborghinis
April 23, 2013 at 12:00 pm by Timothy Sykes
UPDATE: Here’s a little surprise from me to you: use coupon code TIM32 HERE on any annual subscription and see what happens for a limited time only though Remember you have just a few days left to use code TIM32 to save 32% off ANY annual newsletter HERE What a wild Lambo roadtrip this was See my Lambo roadtrip pictures, videos & lessons Ah yes, while it was fun, the lessons are important for all traders/bloggers These are some serious lessons learned from a 1,300 mile Lambo roadtrip Still not sure what was my favorite moment Meeting my student up $600,000 with my teachings or making this trade from the Lambo itself? PS This shows off the beauty of Miami … Continue reading
What Is Deferred Revenue?
April 20, 2013 at 4:00 pm by Timothy Sykes
URGENT: Celebrating Tim’s 32nd birthday the other day, remember to use coupon code TIM32 to save 32% off any annual subscription plan HERE for a limited time only Here are some more fundamentals analysis basics from a new trading challenge student determined to help me teach the basics…whew!
6 Tips To Becoming A Better Trader
April 18, 2013 at 1:00 pm by Timothy Sykes
UPDATE: Here’s a little birthday surprise from me to you: use coupon code TIM32 HERE on any annual subscription and see what happens for a limited time only though I REALLY love how some of my trading challenge students have the blogging bug and send me guest post after guest post. My team and I reject many of them, but this great female student of mine keeps coming up with the hits. Be sure to follow her on Twitter HERE and get excited for thee solid tips for beginner traders:
Penny Stock Glossary Part 4: Buybacks, Splits & Dividends
April 16, 2013 at 1:00 pm by Timothy Sykes
URGENT: Celebrating Tim’s 32nd birthday yesterday, remember to use coupon code TIM32 to save 32% off any annual subscription plan HERE for a limited time only The 4th part of this guest post from a recent trading challenge student…see part three here:
