How Much Should You Study To Be Successful?

Study To Be Successful

A few weeks ago I wrote these 2 important blog posts: “What’s The Minimum Needed To Trade Penny Stocks?” and “Are You Studying And Working The Wrong Way?” as sadly far too many people think they can become my next Millionaire Trading Challenge student by putting in the minimum money and minimum effort.

Download the key points of this post as PDF.

So, you must ask yourself this same question and be honest with what’s the best answer for you as we’re all different!

I’m sorry to break it to you, but NOTHING in life worth doing comes easy and that is especially true in the quest to become a millionaire. That’s why there are so few millionaires in the trading world, because it’s damn tough and you need to work harder than you ever imagined on your preparation.

That’s why I make videos like this new one I just posted:

And my team has even transcribed it because the words I speak are SO important, so even my valued deaf students need to understand this:

We have an extraordinary opportunity right now. It’s unbelievable. And I don’t want you missing out on any one of them. There’s money to be made on the way up and on the way down. You can make money on both sides of the trade. I wanna tell you about a few things that I need from you. I need more testimonials. I already have a few millionaire students, but I want more. I want you so focused. I make a lot of video lessons and watchlists and commentary and trades and blog posts and software and websites. I don’t know if you guys realize this, but I want you to be a success story. If you study, this can last your entire life. But you gotta be dedicated. You have to embrace education. If you want success, like true success and lasting success, there are no days off. If you truly want to achieve in this world, you gotta learn every single angle. I want you to see the whole spectrum.

When you have a small account, you should be focused on learning the patterns and practicing what you’re best at. I share all my biggest losses, all my biggest gains, so that you can learn from the past to be better prepared for the future. You adapt. You test, test, test, and you refine, refine, refine. And you optimize in the pursuit of success. What can I do today to get closer to learning the actual formula of what’s gonna work best for you? Because I don’t care where you are in the world. I don’t care if you’re a man or a woman. Let me be the first one to tell you…and let me cut through all the negativity that you’ve heard in your life. I know that there’s people who have put you down and told you that you can’t do something. Let me tell you, you can achieve any single thing that you want in this lifetime if you’re dedicated, if you have diligence and perseverance and patience. The key is keep going forward. Don’t be afraid of your mistakes, learn from them. Because I want you to aim big. Frankly, I’m living the dream, and I want more people to do it, too. My Challenge has created more millionaires and will continue to create more millionaires because we want it the most, because we are the realest, and because I’m crazy. Shalom.

And trust me, I know how difficult it is to grow a small account, let alone try to become a millionaire in any short period of time…hence why I say to treat penny stock trading and your studying, as a marathon, NOT a sprint.

…but the good news is more and more of my Trading Challenge students are becoming millionaires within a few years like THIS guy and THIS and THIS guy, or at least well on their way like my hottest trading challenge student of the moment, Roland, who I previously featured in lessons worth reviewing again and again and again HERE and HERE, who also did a great trading recap from his $5,000+ profit on Thursday which set him nicely to also make $10,000+ on his overnight Bitcoin-related stock plays, all of which increased his weekly profits last week to over $30,000 and pushed his overall profits up past that key $300,000 milestone as you can see in the MUST WATCH VIDEO LESSON here:

But, if you ask Roland, or any of my top Trading Challenge students, they’re putting in 6, 8, 10, 12, 14 even 17 hours per day EVERY DAY into studying so this is no joyride and it’s because the stock market, and especially the penny stock market, is not an exact science so you must study the past to be better prepared for the future…and even if a pattern worked perfectly in the past, that doesn’t guarantee that it will work well in the future either…so often you’ll find yourself putting in hours and hours of research into something that will make you no money whatsoever in the short-term, and in fact might even cost you money when you try testing your thesis in the market.

Sounds, like fun, right?

Nope, trading and studying for trading, is not fun, nor is it easy, so anyone who tells you differently is lying…that’s why I take such pride in the millions of dollars I’ve made and the millions of dollars that my top Trading Challenge students have made as we have ALL ground out the hours and hustled our asses off to achieve what we have all in just a few years and that’s what it’s going to take for you to become my next Millionaire Trading Challenge student too!

But, the good news is that grind will shape you and mold you and help you develop into a mature and well-rounded person too and along the way you will learn so much about yourself, finance, psychology, Wall Street and the world so I’m prouder that all of my top students are actually amazing, humble, down-to-earth people despite their high six-and-seven-figures in the bank…as no matter what they choose to spend their money, they realize the struggle it took to acquire such wealth and freedom so they don’t take it for granted and they NEVER want to put themselves in a position where they will bet too much or get too aggressive and cocky in their trading where they could lose it all, or even most of all they made.

And that’s progress…as you will learn the trading world is full of gunslingers who have made large amounts, but due to improper preparation or training, they lose it all or the majority of what they’ve made for any number of reasons.

In fact, I don’t want you to think about studying just to acquire a lot of money and becoming successful, think about all the studying you’ll need to do in order to keep being successful and maintain your wealth, and continue growing it, long after you have reached that magical $1 million mark and later on too…and I’ll tell you right now that the more you study and build up your knowledge foundation, the better off you’ll be in the long run.

So, leave a comment below and tell me how many hours per day you’re going to study now…and don’t feel bad if you have a job or are in school or have family responsibilities, just be honest with yourself and with me!

Never forget that I have many part-time students too, like this guy, and while they might not have made millions trading, they have made an extra $10,000 or $20,000 or even $50,000 per year which just enhances their life too…so whatever works best for you, I encourage you to be dedicated in your studying and stock market preparation and be 100% honest with me and yourself too when you leave your comment as to how many hours per day you’re going to study from here on out!