To celebrate my 35th birthday, enjoy 35-50% off HERE and HERE for just 48 more hours! And grab this new StocksToTrade special too, you’re lucky we’ve been having the best few days of 2016 so I’ve been too busy to answer all the email questions regarding the sale!
I heard from two of my recentstudents this week and each of them had a unique way of describing their learning curve/path to successful trading**. I was thrilled to hear from both Matthew Miller and Jeffrey Clark as they both have nailed the daily study grind that is required for truly lasting success.
Despite some notions to the contrary, I did not wave my magic Tim Sykes wand and bestow upon them every facet of my day-trading wisdom and they didn’t just follow my picks/alerts (as you should NEVER follow ANYONE’s alerts/picks, use the info that people share to create a better plan for yourself!). Both of these students journeys began with a lot of hard work as well as with some painful trial and error.
Download these 2 new students’ stories as a PDF version.
For all you folks out there who want to listen to fairy tales of strategies that can be learned in five minutes or less or in reading a single book that costs $9.99, you should read on further to learn what it’s really like, this free stock trading guide is only the start.
Like all serious skills, real trading success is a skill that needs to be learned and tested before it can be mastered…always remember, this is an industry where 90%+ of traders LOSE, so you must be willing to go the extra mile to be one of the few who can win, let alone win consistently.
I could tell you again about how you need to put in crazy amounts of work and effort. How you are likely to have a bad trade (or three..or ten). And yes, I have lots of information that I want to share with all of you. But I am not the only one who can teach you a thing or two about trading. My students who have very recently completed (or are still on) the learning curve have a lot of great stuff that new traders (or soon to be traders) should be soaking in.
So let’s hear from mystudent Matt who has a truly great attitude, I wish there were more like him!
My Trading Journey, by Mathew Miller
— Miller Trade (@MillerTrade) May 5, 2016
My trading journey with Timothy Sykes began roughly nine months ago. I was working at a full-time summer internship. I remember showing up to work every Monday morning and asking my co-employees how they were doing. I would always get the exact same response; “It’s just another Monday.”
I have always liked to think of myself as a self-motivated and growth-oriented person. I knew I did not want to settle for the rest of my life by starting every week like it was just another Monday. I knew there was more out there, and I was willing to do whatever it took to achieve it.
For over a year, I had an interest in the stock market, but I never really got into day trading because of all the negative things you hear about it. I remember looking for day trading educators on, and the person who I thought I could really connect and relate to was Timothy Sykes. I know there are a lot of scammers and thieves out there who prey on the weak-minded, so I made sure to do my due diligence before making any final decisions on giving somebody my hard-earned money.
I was very skeptical at first, but after doing my research, I recognized that Tim is not only a super successful trader, but he has also created multiple millionaire students who started with very little capital. That boggled my mind beyond belief, and from that moment, I knew I wanted a piece of the action.
After my summer internship, I decided that it was time for me to take a big risk. I decided I was going to take a year off from college to pursue something with every bit of focus I was capable of. I contacted Tim’s team to join his. My parents shocked with my decision to take a year off from college to study day trading from someone who neither one of them have ever heard of. However, my belief and confidence in Tim’s strategy would not be deterred by anyone’s disbelief.
A quote that I have always loved by Tony Robbins is, “Success leaves clues.” Tim Grittani is astudent of Tim Sykes, and he turned a small investment of $1,500 into over $2.8 million dollars, as of when I began my journey. I decided that I was going to try my best to emulate everything Tim Grittani did to become a consistently profitable trader.
I watched a webinar by Tim Grittani in a Timothy Sykeswhere he spoke about when he first joined the . He stated that he studied roughly three months before he even placed one trade. The discipline and patience it takes to study Tim Sykes’ material for three months without even getting tempted to place a single trade boggled my mind. It began to make sense how Tim Grittani is now Tim Sykes’ most profitable student.
I decided I was going to take a similar path as Tim Grittani. I was going to make sure to study countless hours for at least three months before even attempting a trade. I would wake up early every single morning (including weekends) and study Tim’s DVDs and webinars tirelessly. I knew that the statistics to become successful in the stock market as a day trader is roughly 10 percent. Those numbers may scare away a lot of people. The way I viewed those analytics was that if 90 percent of day traders fail, the 10 percent who do succeed must make a killing in the market. And the 10 percent who do succeed must be doing things entirely different than those who failed.
I was determined to be part of that 10 percent. I was going to be Tim Sykes’ hardest worker. I am a firm believer that hard work combined with persistence is the equation for success.
I decided to start trading roughly three months after signing up for the challenge, and I remember my first couple of trades going very well. I became overconfident and I thought the road ahead would be easy sailing. However, I was in for a rude awakening. Although I learned tons of information from my months of studying, there are some lessons that can only be learned from trading in real-time. After my stint with beginners luck, I remember watching my account decrease in size month by month. For anybody new to the challenge or thinking about joining the challenge, I will be the first to admit there were times when I questioned if taking a year off from school to pursue day trading was a smart decision. There were tons of times that were filled with self-doubt and disbelief in my ability to succeed in the market. However, I would not allow myself to give up! Wayne Gretzkey once said, “You miss 100% of the shots you don’t take.” I believed in Timothy Sykes’ program and in myself too much to give in to the self-doubt.
About four and a half months in (plus three months of studying), things began to click for me. I just remember that the charts and the patterns that Tim had been teaching me since the beginning started to look more familiar. I became more confident in my decisions. I began to have more patience with my winners, and I was able to cut my losers a lot quicker and not be nearly as stubborn. I cannot put into words how or why things clicked, but my suggestion for any new traders out there would be to STICK with it. The rewards are fulfilling beyond belief.
I am now about six months into my trading career, and although I am beginning to see a lot of success, I know this is just the beginning of the road. Having Tim Sykes as a mentor is the best business and life decision I could have ever made. For anybody who is reading this and is on the fence about investing, I recommend you go for it and take the risk.
Shortly after I received that tweet and email from Matt, I saw another tweet from Jeffrey Clark, another student.
“Boom, baby!” is right! Just look at where Jeff was in March, and how much improvement there was from March until May!
The moral of these two stories are, study hard, learn lots, trade often, but only when the great setups are there and at first trade in order to learn, and never ever give up…everyone’s journey is unique, things might click in a few days, weeks or even months, but you can increase your odds of success by OVER-preparing for trades and OVER-studying…sounds fun, right?
I also made this new video lesson today reinforcing all of these lessons: