Up until around a year ago, the only people who knew of Bryce Tuohey were his trading buddies and podcast listeners.
After nearly two years of studying and trading, he had yet to experience a single green month.
Then when my 30-Day Bootcamp dropped, Bryce got some recognition … but it wasn’t exactly the good kind. Read on to learn more about that. (Yes, it’s that Bryce.)
The good news: Things have turned around for Bryce in a big way. How big, you ask? I’m excited to tell you. But first, let’s start at the beginning…
Table of Contents
How Bryce Started in the Markets
In 2017, Bryce had no plan for becoming a better day trader. It was just a hobby — he didn’t have any real strategies in his arsenal. Back then, he was playing basketball at Cazenovia College and studying supply chain management. In his spare time, he had schoolwork and side hustles to keep him busy.
Then he transferred to Rochester Institute of Technology, and his path took a turn…
He became roommates with a guy named Matthew Monaco. When Matt was a college freshman in April 2017, he joined my Trading Challenge. Matt showed Bryce the potential he saw in the market and my teachings, and they both began learning a handful of simple strategies.
Bryce funded a $5,000 account and started studying for several hours a day.
Learning the fundamentals is one thing, but applying them is a whole different animal…
Surviving Rocky Times
These bad habits turned into a rut. Bryce was passionate about day trading, but constantly losing was starting to test him. 2019 was a tough year for many traders, including Bryce. Listed stocks were pretty slow, and the OTC markets seemed dead.
“I was getting discouraged from practicing. Nothing worked consistently,” Bryce says. “It was hard to stick to a strategy when it was failing over half the time. Being under PDT made trading feel impossible.”
But Bryce and Matt didn’t let the time go to waste. They started a podcast called “Beyond the PDT” and used their platform to chat with up-and-coming traders. Several Profit.ly superstars like Jack Kellogg and Kyle Williams all made their debut on “Beyond the PDT.”
The show grew popular among the trading community. People wanted to hear from traders who were becoming self-sufficient. And because two college students hosted it, it felt more accessible and friendly.
The podcast was a staple for Bryce’s journey. It was the first time he had a network of self-sufficient traders to chat with, and it was a great foundation for learning — which made him work even harder.
Little did he know, opportunity was just around the corner…
Time to Reapproach
Though he still wasn’t profitable, giving up wasn’t an option for Bryce…
“I feel like other people who struggled might agree with this: At some point, you just feel like you’re in too deep and you gotta keep working until something clicks,” he says.
In May 2020, he took a big step back to scrap everything he knew about trading and start from scratch. His new focus? Breakouts, first green days, and dip buys. He chose to only trade listed stocks, avoiding OTCs for the time being.
2020 brought insane volatility to the markets. Listed penny stocks were on fire in several sectors including electric vehicles, biotechs, and more. Many traders, including Bryce, saw this as an opportunity. The best part? He was risking $2 per trade.
By the end of May, he netted $87. But this was a huge milestone — his first profitable month.*
“People say ‘it’s always darkest before dawn’ and this journey has been the best example I can think of,” he says.
Things were looking up for Bryce. Then this happened…
Bryce’s Moment of Infamy
I asked Matt who’s the dumbest person he knows. His response…
“Bryce is the dumbest person I know.”
Ouch, right? Why would Matt throw his friend, trading buddy, and roommate under the bus like that?
Many people saw the clip. Matt swore he made the comment in good fun and in the heat of the moment. Bryce said he thought it was hilarious. They’re close friends who understand each other’s twisted sense of humor.
But it still got into Bryce’s head … and ultimately lit a fire under his butt.
He used it as motivation — and not just in trading, but in life. One little comment fueled his productivity, workouts, and commitment to trading.
In the following months, he began to hit his stride … and hasn’t looked back since.
Bryce’s Passion and Top Trading Resource
In June, after nailing down his strategy, Bryce increased his risk to $10 per trade and netted $1K.* In July, he used $25 risk to net $4,000.* He kept the ball rolling, more than doubling his profits each month.*
(*Please note that these kinds of trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade. Individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose. I’ve also hired Bryce Tuohey to help in my education business.)
At this point, he had a tough decision to make…
He was in his junior year of college, working toward a degree he wasn’t passionate about. There was a big opportunity on the table — a full-time internship that could secure him a job.
He gave it up.
“I just couldn’t picture myself doing the 9-to-5 routine,” he says. “I’ve always wanted more for myself and I knew I had the drive to make it happen.”
He dropped out of college and focused full time on day trading — increasing his daily study time to 15 hours. As he describes it, he felt like he forced himself to put all his eggs into one basket.
But pressure creates diamonds — and Bryce was determined to do whatever was necessary to make it work.
Time to Kick It Up a Notch
Going into December 2020, Bryce had a $43,000 account to work with. He was primed and ready for any potential holiday madness — something most traders anticipate every year.
Bryce was done practicing with small size. He felt if there was ever a market to size up in, this was it. So he went for it, increasing his risk to $100–$200 per trade.
Scalability is the process of sizing up in a trade. It sounds straightforward, but there’s a lot involved. You have to add size in pieces as a good play turns into a great one. It typically requires a ton of practice.
Emotion can be a big hurdle when it comes to scalability. That’s partly why Bryce is doing so well now — he leaves emotion at the door.
“When you focus on A+ setups, a $2 risk and a $200 risk feel comparable,” he says.
This momentum clearly didn’t build overnight for Bryce. He worked extremely hard for over two years. Now his performance shows how reasonable risk and a strict trading plan can potentially lead to self-sufficiency.
Even after growing so quickly, Bryce remains humble. He credits his success to his small circle of friends who helped him develop his skills.
(As for Matt, he’s now a moderator in my Challenge chat room and a valuable member of my team. And check out his current profit chart.* Just wow! These aren’t typical results. It took him years of dedication and hard work. Individual results will vary. Trading is risky; always do your due diligence and never risk more than you can afford to lose.)
“The stars just aligned for me at the perfect time,” Bryce says. “I’ve been lucky enough to learn directly from some amazing traders. That’s gotta be one of the most important things for improving … You gotta have people you can talk to.”
Luckily, an opportunity like this exists…
The Trading Challenge
Back when I started trading, it was lonely. There was no community, and trying to research day trading online was brutal. I’ve worked hard to change that with Profit.ly, my YouTube videos, and much more.
But I think traders can get the ultimate education in my Trading Challenge. It’s where I share all my trades daily in chat with commentary. Challenge students get access to all my video lessons, DVDs, webinars. And they have the opportunity to learn from top traders who have grinded their way over years to find success.*
Everything I’ve learned in 20+ years of trading goes into my Challenge. But you must apply. This is where you can learn to think for yourself in the market. If you’re looking for hot stock picks, this isn’t for you.
(*Please note: My results, along with the results of my top students, are far from typical. Individual results will vary. Most traders lose money. My top students and I have the benefit of many years of hard work and dedication. Trading is inherently risky. Do your due diligence and never risk more than you can afford to lose.)
What’s Next for Bryce?
These days, Bryce is more tenacious than ever…
“I now have a foundation laid and a new goal in mind: $1 million in trading profits,” Bryce says. “I don’t care how long it takes. I’ll do everything necessary as the journey continues on.”
I think traders can learn a lot from Bryce’s journey. I’m so proud of his dedication.
Want to keep tabs on Bryce? Every Monday, Wednesday, and Friday, Bryce releases a fresh episode of SteadyTrade Treats where he takes on the latest trading news. Talk about commitment. I LOVE anyone who wants to make trading and market knowledge fun.
Take this opportunity to study his good trades and his mistakes. Learn his strategies and practice with small size to start. But you gotta be just as strict as he is. Bryce doesn’t stray from his trading process, and neither should you. Without a solid process, you might as well be gambling.
What do you think about Bryce’s incredible trading journey? Let me know in the comments!