Will this be the year your trading goes to new levels and you finally see all that hard work and sacrifice pay off?
Or will it be another one of those coulda…woulda…shoulda years?
Before the start of the new trading year I like to sit back, reflect, and really start thinking about what I want to focus on to become a better trader, mentor, and overall human being.
For me, it comes down to seven ideas that I’d like to share with you.
While not all may apply to you, each has the potential to significantly enhance your trading skills.
Table of Contents
- 1 #1: Process Over Profits
- 2 #2: Positive Daily Habits Create A Positive Future
- 3 #3: Avoid Negativity and Negative People
- 4 #4: It’s A Marathon NOT a Sprint
- 5 #5: Giving Back To Others Is Better Than Receiving
- 6 #6: Remember and Optimize Your Why
- 7 #7: Use New Technology to Improve and Learn Faster
- 8 Unleash Your Full Trading Potential in 2024: Join Our Transformative Live Training! 🚀
#1: Process Over Profits
If you look at my +30 millionaire students none of them made any meaningful money in their first year.
That first year is all about building a foundation, acquiring knowledge, and developing the skills necessary to be a consistent trader.
One thing we don’t know is how things will play out in 2024 in terms of trading opportunities.
Some years offer greater opportunities than others.
But that shouldn’t stop you from putting in the daily work: studying catalysts, setups, patterns, reviewing, and preparing for the next day.
You’ll be amazed at how you can capitalize on opportunities when you’re prepared.
#2: Positive Daily Habits Create A Positive Future
Small daily habits add up over time.
If you work on building a watchlist every night, scrutinize your trades, and study the latest trends consistently…you’ll be shocked at what a difference maker it can be.
You will get to a point where you can clearly identify what is working for you and what isn’t.
It’s all building to a positive future.
#3: Avoid Negativity and Negative People
There’s always going to be haters and doubters…unfortunately that’s sometimes our family and friends.
I'm late congratulating so many students, it's just been an absolutely CRAZY week…please retweet and congratulate these GREAT upcoming https://t.co/occ8wKmlgm students NAILING soooooo many plays & squeezes/Supernovas like $SNTG $SXTC $CING $BBLG $SIDU $TTOO and so many more!…
— Timothy Sykes (@timothysykes) December 29, 2023
If your goal is to turn your trading into a meaningful income stream then surround yourself around people who have achieved that goal or are aspiring to.
Don’t spend time trying to convince those who don’t believe in you.
Life is short, and the best results occur with a healthy and positive mindset.
#4: It’s A Marathon NOT a Sprint
Mastery doesn’t happen overnight.
Very rarely can you skip steps. That said, you’ve got to adopt a long-term mindset.
2024 could offer tremendous opportunities…and I could have a number of new millionaire students because of it.
If that does happen, I can almost promise you that these aren’t brand new students, but students who are on year two, three, four, or even five.
Why It’s a Marathon NOT a Sprint 🏃⌛️
— StocksToTrade (@StocksToTrade) May 4, 2023
All that learning, screen time, and experience starts to pay off when you’re in a good traders market.
That’s why it’s SO CRITICAL you put in the steps before you start seeing the results.
#5: Giving Back To Others Is Better Than Receiving
Early on in my career I focused mainly on myself.
And while it was fun for a small period of time…it got old pretty fast.
Luckily, I discovered the power of giving back to others…and my life has enhanced 100x.
Now, I’m not saying you should donate all your trading profits or start a charitable foundation…
🎄MERRY CHRISTMAS!🎄I hope you and your family have a great holiday — you may have noticed that every year I love dressing up as #santaclaus and giving gifts to kids, my students, random animals and surprising charities with donations as I LOVE this holiday that’s all about… pic.twitter.com/macldCpvXq
— Timothy Sykes (@timothysykes) December 25, 2023
But try to help people when you can.
Once you get in the giving mindset you’ll see how good it makes you feel.
#6: Remember and Optimize Your Why
Time is a luxury…
Anything you invest your time with should have a WHY.
Goooooooooooooooooooooooooood morning! Are you ready to TRULY crush it today?! I started the day off with an early morning cleanup with my https://t.co/1xJmEobXws students Josh & Thea as we just opened a new @karmagawa recycling center for this town that needed it baaaaaaadly! pic.twitter.com/63Ulf0RxKl
— Timothy Sykes (@timothysykes) December 15, 2023
Why are you trading? Who are you trading for? What are you trying to get out of trading?
There is no wrong answer here…
When things get rough…you will need to go back to your WHY to help you get through that difficult stretch.
One of my greatest accomplishments and one of the very first WHY’s I had was to take care of my family…something I proudly accomplished.
#7: Use New Technology to Improve and Learn Faster
I was among one of the first people to popularize online day trading some +20 years ago…
The internet has changed the way we all live our lives.
Now, some experts believe AI will have the same transformative power.
As traders, we must embrace technology and tools. If we don’t then we will be left behind.
All top traders use tools to make better, faster, and more informed trading decisions.
Don’t look at these things as expenses…
But more so, the cost of doing business.
If you haven’t seen what AI tools like XGPT can do for your trading…then check out this presentation right here.
Soooo many big runners like $SXTC $CGA $YCBD $ADTX again today, don't feel bad if you miss any as there's always a new one around the corner, use @sttbreakingnews @StocksToTrade & XGPT to stay updated and try to stay patient/disciplined and learn from/take whatever play you can!
— Timothy Sykes (@timothysykes) December 29, 2023
Unleash Your Full Trading Potential in 2024: Join Our Transformative Live Training! 🚀
2024 is not just another year… it’s your opportunity to redefine your trading journey.
You’ve read about the seven pivotal ideas that can make your trading unstoppable, from embracing process over profits to leveraging new technology like AI.
Each idea is a stepping stone to your success.
But how do you integrate these insights into actionable strategies?
How do you translate knowledge into real-world trading prowess?
🔥 Learn to build and refine your trading process for consistent results.
🔥 Discover daily habits that can sculpt your future in trading.
🔥 Navigate through negativity and stay focused on your goals.
🔥 Understand the long-term commitment required for trading mastery.
🔥 Experience the profound impact of giving back and optimizing your “Why.”
🔥 Embrace cutting-edge technology to supercharge your trading decisions.
This isn’t just about learning new concepts… It’s about transforming them into a concrete plan for 2024 and beyond.
🚀 Join us in our exclusive live training session where we’ll dive deeper into each of these seven ideas.
🚀 Engage in real-time discussions and get personalized advice for your trading journey.
🚀 Equip yourself with the latest tools and strategies to stay ahead in the ever-evolving market.
Are you ready to step into 2024 with a trading strategy that’s not just effective but unstoppable?
Ready to turn these ideas into a daily trading reality?