Dominic, Jack, and Kyle all presented at this year’s annual conference. And they were all once my trading students (You can watch their conference presentations here: TISummit 2019 DVD presale.)
THEY ALL DID A GREAT JOB!
Keep in mind these guys worked their asses off to get where they are. Their results are not typical. Read on to find out how they became self-sufficient traders.
Table of Contents
- 1 Jackaroo Wears His Chain Outside His Shirt
- 2 How Dom, Jack, and Kyle Became Self-Sufficient Trading Students
- 3 When They Were Busy Being Born, I Was Making My First Million
- 4 What TISummit Attendees and Students Are Saying
Jackaroo Wears His Chain Outside His Shirt
So I posted a video on Twitter with these three guys. I asked them if they had anything to say about their success. When I got to Jack and how much he’d made, I asked him why he wears his chain on the outside. (I was ribbing him about it all weekend.)
So I asked Jack if he was a fan of the movie “A Night at the Roxbury” starring Will Ferrell and Chris Kattan.
What happened next blew my mind…
These Three Traders Are So Young…
NOT ONE of them knew the movie. Seriously. Dom didn’t recognize the reference. And Kyle and Jack hadn’t seen it either.
I love it!
The movie came out in 1998. So I’m like, “What! Really?”
Check out the tweet:
Meet my 3 newest $100,000+ profit https://t.co/EcfUM6l2S3 students @traderkylec @Dom_Mastro10 @Jackaroo_Trades surprise they’re real and they’re all barely 20 years old lol so they don’t know a 1998 movie LOL pic.twitter.com/6WZvrfXsaj
— Timothy Sykes (@timothysykes) September 25, 2019
Even though we all look alike, they’re benefitting from my 20 years of experience. Thanks to the Challenge, they’re skipping a ton of frustration and confusion. And that’s what it’s all about.
How Dom, Jack, and Kyle Became Self-Sufficient Trading Students
Self-sufficiency. It might be one of the most important differences between what I teach and what the fakes teach.
All three of these young traders are self-sufficient now. That doesn’t mean they’ve stopped learning. By my standards, they’re all still newbies. But they know when they’ve made a mistake. They understand my basic rules. They each have a pattern or setup they know is their bread and butter. They’ve learned to cut losses quickly.
Dom and the OTSwizzle
Dom gave an in-depth presentation covering everything from risk management to building the story of a stock chart. He talked about what he wished he’d known from day one. And he spent time on the quickest way to profitability.
Here are some key points from Dom’s presentation:
- Begin by studying the Trading Challenge materials. Make sure you understand all trading vernacular. Spend at least two months on this.
- Watch every DVD and video lesson. Pay attention to the patterns that make the most sense to you.
- Trade for one to three months using the setups that make the most sense. Track every trade.
- Figure out what setups work for you — based on the actual numbers.
That’s just one small part of Dom’s killer presentation. He also explained his favorite setup which he calls the OTSwizzle. (Dom, are you sure you haven’t watched that movie? Because OTSwizzle sounds like something the Butabi brothers would say…)
Check out this tweet of Dom’s closing remarks posted by his dad, Don:
— Don Mash (@don_mash) September 23, 2019
I suggest you get the DVD and watch it several times. Also, join the Trading Challenge. Or if you’re not ready for the Challenge, subscribe to Penny Stocking Silver.
When you get the DVD, be sure to take notes when you watch…
From “The Big Short” to the Orlando Stage — All While Still in College
Kyle talked about the difference between trading OTCs and listed stocks. He said that even though he’s learning about listed stocks, a majority of his gains are from OTCs. He talked about working on the risk vs. reward with listed stocks.
Take a look at Kyle’s profit chart here. It’s impressive. Kyle lost consistently for nearly a year from when he started in July 2016. And from his low in May 2017, it took another six months to get back to break even. From break even to getting over the PDT was another 10 months!
THAT’S DEDICATION TO THE PROCESS!
Kyle first got interested in trading penny stocks after watching “The Big Short.” So at least I know he watches movies…
Jack, on the other hand, just likes to wear his chain on the outside of his shirt and play video games when he’s not trading. But he’s a badass young trader so I’ll forgive him…
“Please, NO!” Jack’s Turtle Beach Confession
Jack had one of the best receptions of the entire weekend. And I think it’s because he told all about his worst ever loss on Turtle Beach (NASDAQ: HEAR). He went deep into the feelings he experienced during the trade. And how he managed to cut losses intelligently on advice from Tim Grittani.
Jack also talked about his favorite setups, like first green days and panic dip buys. And, he also covered trader mindset tips. It was especially cool — and gratifying — to hear him talk about transparency.
Check out this recent interview I did with Jack and Dom. Their insight at such a young age is inspirational. Learn it, live it, love it:
When They Were Busy Being Born, I Was Making My First Million
That’s so weird — but I love it.
I’m so proud of these guys. Not just for the money they’ve made, but for the incredible focus and dedication they’ve put into the process. They all talked about spending hours immersed in studying. And each of them had to learn to lose well before they became consistent.
Trading Students: The Challenge
All three of these guys are members of the Trading Challenge. All three talked about the importance of the community, of networking with other traders, and soaking up EVERY SINGLE DVD … VIDEO LESSON … AND WEBINAR!
They didn’t try to cut corners. They all got where they are by working their asses off. When you make the decision right now to join the Trading Challenge, you’re one step closer. If you’re accepted, you’ll get access to EVERYTHING Dom, Jack, and Kyle used to become self-sufficient. Plus, you’ll see them in the Challenge chat room every day.
You want this? Go for it. Even if you’re too young to know “A Night at the Roxbury.”
What TISummit Attendees and Students Are Saying
More from TISummit attendees and students:
From @SublimeTrades (another up and coming badass trader):
Round table session with some great traders at the #TIsummit2019 @RolandWolf86 @Dom_Mastro10 @thehonestcroock @goodetrades @timothysykes @Jackaroo_Trades @traderkylec @MikeHuddie pic.twitter.com/dqoI6kB5hc
— John Papa (@SublimeTrades) September 22, 2019
The wealth of knowledge being imparted on us all.
— NeilSaintJean (@NeilSaintJean1) September 30, 2018
Or this from @RouxBourbon:
There are so so many #OTC plays right now. #SPY may be down but penny stocks are hot! #CVSI #WCVC #CLSI #SPNV #UNRG #GTXO Thank you @timothysykes @traderkylec @Jackaroo_Trades @Dom_Mastro10 @MikeHuddie for telling me at the #TISummit to change my focus! pic.twitter.com/dV4Ql3nSOM
— Jonathan Peck (@RouxBourbon) October 3, 2019
And this tweet yesterday from @TraderTrav81:
— Travis Smith (@TraderTrav81) October 7, 2019
Recent Comments From the Trading Challenge Chat Room
Crypto_M → timothysykes: “I joined the challenge the day after the conference. I studied the first 2 dvds last week. This week I have been studying and watching the markets on TOS all this week. I was BLOWN away at how fast things move. I played college football and understand the speed difference from high school to college and then to the pro’s. I am excited to study more to get my mind right for the speed of this PRO market. Thanks for cataloging your trading for guys like me to learn.”
Just to show how hard Crypto_M is working … check this out:
Crypto_M → timothysykes: “I know that some of you will think this doesn’t matter but I have only been in the challenge for 2 weeks and have studied about 10 dvds. Today was my first paper trade. I took 1000 of $TTNP at .41 when it broke the HOD. My RR was.03 and Return .08. Needless to say the trade worked out just as Tim teaches. In at .41 out at .48”
Crypto_M, it does matter. Keep studying and practicing. And remember, it’s a marathon and not a sprint.
How about this recent win from Kyle…
Kylecw2: “all covered $CVSI for $800 not enough range.”
More Challenge Chat Room Comments
the_tipsy_nomad: “Quick 5% gain on $SPNV for $300 profit. Not bad for a 10min hold. Not getting greedy, taking my single for the day.”
somsakun555: “Yeh!! sold $SPNV almost 20% gain from dip buying, 0.38 to 0.448. Give me some more hope of a day trader career after many losses. Thank you everybody for all your guidance.”
jvjtrading: “sold .47 $TTNP from .37. 25% win. to bad it was only partial fill.”
SatelliteIncomeUnlimited: “$ADXS 217.00 profit.. sold at the break out, bought around .388 sold in to .4099.”
scottsaylor11: “Very nice on $clsi. I couldn’t help but lock it all in .077 from .0675. +240.”
Plus This Awesome Comment From the TimAlerts Chat Room
vnickn: “$SRNE short at 2.77, covered 1.87… good thing I decided to check my E*TRADE app at a red light. Had to pull over to close that trade… +2700.”
What’s your take on Jack, Kyle, and Dom’s success? What inspiration can you get from their stories to help you become a better trader? Comment below, I love to hear from all my readers!