Recently, Jack Kellogg and I sat down with Waqar Asim from the “Titans of Tomorrow” podcast.
Waqar asked some great questions, including why penny stocks give us an edge.
Whether you are a new trader or you’ve been at it for a few years…
Watch the entire video.
Jack dropped nuggets of gold and I went deep on SO many questions.
It’s always great to get different perspectives…
Table of Contents
The “Titans of Tomorrow” Interview
We covered a lot of ground in the interview, including:
- Why penny stocks still have an edge
- The metrics behind million dollar traders
- Why most traders quit too soon
- And MUCH more.
Set everything else aside and enjoy…
From -$10,000 To Over $33M In Verified Trading Profits
Here are a few thoughts from the interview…
Key Takeaways from the “Titans of Tomorrow” Interview
These only scratch the surface…
Million Dollar Metrics
My average grading profit over a quarter of a century is just $1,500. Think about that. I’ve made millions of dollars, $1,500 at a time.
So, do the simple math: If you can make $1,000 on one trade…
And you do that a thousand times…
That’s a million dollars.
Obviously, you’re going to have losses, too. My win rate is roughly 75%.
Jack’s win rate is around 50%. Jack sized up because he learned the proper way to trade from the beginning.
Why Most Traders Quit Too Soon
Jack said that “most people get demotivated over time.
He’s right. You have to learn to deal with the disappointment that comes from losses. And you have to stop chasing perfection.
Develop the discipline to stay in the game and manage perfectionism and you have a chance.
How to Survive the Early Years
Too many people think you can make millions right away. Then, when you don’t make millions you think trading sucks or you suck at trading.
You have to have the right mindset, the right rules, and the right market.
Most of my top millionaire students really thrive in year three or four. The first two years are learning (often with a lot of struggles).
Your goal is to survive the learning curve.
Here’s what Jack had to say…
“You have to be adaptable. People want structure in life. They’d rather make $1,000 every single day than have one month where they’re making $10,000 and the rest losing $500 or $200 or $300.
“They’re not willing to go through that. They think they should be winning every single day. So you have to stay motivated and stay on the grind. This isn’t a get rich quick scheme. You’ve got to put in the work and figure out everything about the market.”
My take: You have to fall in love with education and the learning process.
Learning to Trade Is Easier Than Ever
Like Jack said in the interview, trading is hard.
At the same time, it’s easier than ever because there is so much information on the internet. When I first got started, there was no video streaming. There was no YouTube (there was nothing).
My first chat room was the comment section on my blog. There wasn’t even chat software.
It’s crazy how far we’ve come in 20+ years.
So, if you can fall in love with education, and fall in love with the challenge, I believe you can do this.
Again, that’s only a small part of our conversation so be sure to watch the entire interview
Big shout out and thanks to Waqar Asim for inviting me and Jack on his podcast!
Millionaire Moves
Jack and his analyst JC are crushing it with Jack’s Power Signal Indicator. Here’s a great example.
(The screenshots below are from JackKelloggTrading.com, Power Signal Indicator alerts).
On May 22, QTREX Quantum Ltd. (NASDAQ: QTEX) topped the Power Signal Indicator list:
Within minutes, JC commented that QTEX was his favorite name on the list:
Juan bought QTEX 25 minutes into after-hours trading…
Then Jack bought it later for the long weekend hold…
On Tuesday morning, QTEX gapped up and both Jack and JC sold for solid gains.*
Get More Information About Jack’s Power Signal Indicator Here.
More Breaking News
- No Analysis Provided
- Micron (MU) Draws Huge Price Target Hikes On AI Memory Boom
- BlackBerry Stock Jumps As Analyst Upgrade Ignites Momentum
- SMR Stock Gains Attention As Nuclear Power Thesis Strengthens
Catalyst Watch
Space and quantum…
Space stocks have been up across the board with all the SpaceX IPO related news.
There was a pullback yesterday, likely profit taking after a multi-day run.
Quantum stocks started running last week after the government announced it was investing in quantum companies.
Enter Astrotech Corporation (NASDAQ: ASTC).
According to this press release, ASTC is both a quantum AND space stock.
Talk about riding the hype.
Still, the StocksToTrade Breaking News chat guys nailed it yesterday…
Final Thoughts
My friend Ben Sturgill is running a bootcamp BEFORE the PDT rule change next week.
I highly recommend you register and attend, even if you don’t trade options.
If you watched the entire interview with me and Jack above (you did, right?) then you know how much time and effort Jack has put into learning EVERYTHING he can about the markets and trading.
THAT is how you eventually break free.
So, register NOW for Ben’s bootcamp and take tons of notes.
EVERY deposit you make to your knowledge account can help you take advantage of the opportunities this market gives.
Register for Ben Sturgill’s Options Bootcamp Here
Have a great day.
– Tim Sykes
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