It hasn’t been an easy year for most traders…
But Kyle Williams is different.
Not only is he one of my best students, with over $4.5 million in career trading profits, he’s also on pace to crack seven-figures in profits in 2023.
It’s no surprise he’s someone my Challenge students look up to. And when he had the chance to speak at my conference in Las Vegas last week, he didn’t disappoint.
Today I’m sharing Kyle’s five pivotal strategies that have helped him become a star trader.
They go beyond basic trading wisdom…these are game-changers.
The kind that can pivot a trader’s journey from mere survival to absolute powerhouse.
Table of Contents
- 1 Lesson #1: Come Prepared: Study Hard
- 2 Lesson #2: Don’t Chase Alerts
- 3 Lesson #3: Stop Gambling
- 4 Lesson #4: Start Small…Trade Small
- 5 Lesson #5: Find a Setup and Stick With It. Diversify Later
- 6 Are you ready to turn trading trials into triumphs? 💥
Lesson #1: Come Prepared: Study Hard
You get what you put out in this game. Those who are looking to get rich quick from trading are slapped with cold hard reality soon enough.
When Kyle first started trading he thought he was putting in the work, watching an hour or two of my training lessons, thinking that was enough.
And while it’s more than most traders do…it’s not nearly enough if you want to be an elite trader.
You can pay your tuition to the market by making mistakes.
Or you can learn from the mistakes of others. Kyle believes he could have saved a lot of money earlier on if he had studied a bit more.
Lesson #2: Don’t Chase Alerts
I always say alerts should be like training wheels. It’s okay to use them in the beginning as you’re just learning…but ultimately you want to become your own trader.
Kyle believes if you’re going to be trading for any amount of time…and your goal is to make money…then you need to develop your own ideas and trading plans.
Self sufficiency equals self responsibility.
You have to remember the vast majority of gurus/chatrooms exist to feed gamblers ideas so they trade more & the chatrooms cash in with their broker/prop firm deals, 90% of traders lose & these chats/gurus/brokers don't give a shit. Stop being such suckers to this shady industry
— Timothy Sykes (@timothysykes) November 3, 2023
Lesson #3: Stop Gambling
It blows my mind how addicted too many people are to trading every minute, hour, day, week…have you forgotten my rule of being a retired trader & only coming out of retirement when there's a play that's SO GOOD you'd feel guilty missing it? Stop being such degenerate gamblers!
— Timothy Sykes (@timothysykes) November 3, 2023
Kyle has developed a reputation for being one of the most patient traders I know.
He doesn’t like to play guessing games…
And knows first hand that the market doesn’t care what you think.
Instead of trying to make things happen…you should try to figure out how the market thinks and works.
Sometimes the best trade is no trade…
Lesson #4: Start Small…Trade Small
It’s crazy how many people talk about getting into trading but don’t.
For whatever reason, they believe they need a certain amount to get started.
But that’s simply not true.
In fact, Kyle believes that you should start small.
Because you’re likely going to make mistakes early on…and it’s better to lose small than it is to lose big.
In addition, there are so many things you need to learn. For example, being prepared to accept risk.
At the end of the day you must try to protect your chips at all costs…and one way to do that is by starting small.
Lesson #5: Find a Setup and Stick With It. Diversify Later
Trading can be overwhelming if you let it be.
Fundamentals…technicals…catalysts…bearish setups…bullish setups…etc.
If you try to learn everything at once you’re likely going to get frustrated, make a ton of mistakes, and lose money along the way.
Kyle believes you should try to master one setup at a time and grow your account that way. In fact, he became profitable from two setups.
He’s since evolved and added new strategies along the way…but you can get away with just one or two in the beginning.
Are you ready to turn trading trials into triumphs? 💥
While navigating the tumultuous trading landscape of 2023, Kyle Williams stands out. With over $4.5 million in career profits, his strategies are not just insightful; they’re a blueprint for success.
Now, you have the chance to discover the pivotal techniques that transformed Kyle from an ordinary trader into an extraordinary market force.
💡 Embrace the rigor of in-depth preparation.
💡 Cultivate the finesse to develop and trust your own trading plans.
💡 Learn the patience required to discern when to act – and when to wait.
💡 Grasp the wisdom of starting small to secure big futures.
💡 Hone in on mastering one setup that can define your trading journey.
But how do you apply these lessons to live trading?
How do you weave this wisdom into a strategy that thrives amidst the market’s volatility?
🚀 Engage with cutting-edge strategies shaped for today’s unique market challenges.
🚀 Participate in real-time analysis, unlocking insights into market dynamics.
🚀 Transition from following to forecasting market moves.
Equip yourself with the tools to navigate the ever-shifting tides of the trading world. It’s more than just knowledge; it’s about transforming insight into action.
Don’t miss out!