How Quickly Can I Become a Millionaire Trading Penny Stocks??
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- Опубліковано 6 вер 2018
- This is one of the most important topics I teach: how soon can you become a millionaire? SUBSCRIBE: bit.ly/2MDNeVq to get INSTANT alerts when I post a new video outlining my penny stock trading techniques.*
Everybody wants to know. First of all, understand, 90% of traders lose. So if you are getting into trading, it doesn't matter what you're trading, you have a 90% chance of being a loser. So that leaves 10% of people who win. How do you possibly get into that arena, that small arena? Also, understand that a lot of people who claim to win aren't winning. They post a few screenshots here or there, and they claim to be rich. They claim to make a lot of money. I want to see every single trade. Unless I don't believe a word that you say. Because there are so many fakers in this industry.
Most traders are losers. Most traders don't have the patience. Most strategies won't get there. Even if you do have a successful strategy, it might stop working after one, or two, or three years. So you're going to have to keep adapting. So understand that this is kind of like a moving target kind of thing. You're never going to be able to be comfortable in the market. I'm sorry. And when you do get comfortable, if you think, oh, this is so easy. I finally have a strategy. And let me cash in for the rest of my life. That's when you'll lose all your money. You can never get too cocky. You must always adapt as a trader. What have my millionaire students and I have done? Why are we millionaires? Because we're always adapting. We're always looking for new strategies, new patterns.
The hardest time to start is in the beginning when you know nothing. But once you start learning rules, once you start studying the past, learning patterns, learning strategies, learning discipline, it gets easier. Research gets easier. If you use my software called Stocks to Trade, that helps you get easier. There's no easy way to get millions of dollars very quickly. It's a grind. It is a struggle. But you can make it easier. You can increase your odds of success by studying a ton, by working a ton, by having the proper expectations. The market is not just going to give you money. You're not entitled to millions of dollars. Most traders will never become millionaires. You need to do everything that you can to grow my next millionaire.
I need dedicated students because that ups your odds of success. That is who is most likely to become my next millionaire student. And it won't happen necessarily today, or tomorrow, or next week, or even next month. But a year, two years, three years, four years, five years, if you are willing to take the journey if you are willing to struggle in the beginning, and to learn from your mistakes. You learn what not to do. So after several years, you've learned a lot of stuff from your losses. You can never be perfect in this game. All you can do is get experience. And then the experience gives you better odds of success in every trade.
* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: www.timothysykes.com/terms-of....
Rather play with stocks than to buy lottery tickets 🤣
Bout to trade in the tickets for stocks now lmao I'm 21 just learning bout this
Nah deadass 💯🤣
"Sometimes the best trade is no trade." Wisdom right there!
I'm more of a fundamental, longer-term trader and that is so true in my space as well. Thanks, Tim!
gooooood~!
I been studying all you UA-cam videos and I’m starting to get it more and more I’m not trading yet but I’m starting to recognize patters and becoming more confident, thank you for being an inspiration
"The hardest part is in the beginning" the most encouraging thing I've heard from you tim
I'm in Tim. Been interested for some time now. Let's do this!
3rd time watching this video. FINALLY took STUDYING Serious and looking for a GREEN 2021!!!
I'm really dedicated to learn from you Tim! Been watching your UA-cam videos, Facebook videos, and Pennystockingsilver subscription. Working a full time job, and learning how to trade from you, its definitely a grinding moment! Thank you for all you do!
This remind me of my favorite Iron Fist quote, "With practice comes mastery. With mastery comes knowledge. With knowledge comes strength!"
I was a classical music teacher for over 10 years. Interestingly, there are so many things Tim says in this video that I used to tell my serious students.
Like what
Thank you for your teachings!
Thank you, good lesson, love it!
Out of everyone I've seen you're the ONLY one that stresses EDUCATION and STUDYING. Everyone else wants to sell hot picks. I want to DO what you do. Just started with the Complete Penny Stock guide. My journey has begun.
Thanks, Tim keep motivating!
wow!1 Seen you on the show below deck!! Riding good! and doing it!
Great Video. Thanks for sharing this important info. Harsh but true facts.
Thanks T
I like what you said there, "first grow your mental account and the growyou monetary account!"
Thanks for this video. I'm a newby on your training course. I've had more small losses vs wins. The frustration is real but your straight forward speaking helps keep me motivated. I pic up little tidbits of knowledge from time to time.
Knowledge is power. I actually enjoy learning from your videos. I hope that in the new year I can join your millionaire challenge. I only want to learn from the best in the most efficient manner.
Love it . Thanks Tim!!
Glad you enjoyed it!
I'm learning so much, Tim. Thank you. I started 3 weeks ago with $50. I add what I can afford each week to my capital, and I am growing nicely-- winning about 80% of my trades. Not going to be a millionaire this year, but I am confident that I can learn consistency and get there eventually! (Present value is $135. How's that for starting small!)
Hey Daniel, how did it go this past 2 years? I just started and I’m looking for references
@@rochellecalvo1428 I had "Beginner's Luck." Working full time, I was at work when the markets opened, and they closed before I got off. Trading, therefore, was most restricted!
I ended up losing more than I made, and decided that it would be more in line with my schedule to do swing trading. This year, I have done about 90% growth. Not making a million this year... but beating anything a 401K would get me. I'm still sticking to adding about 50 a week. I'm happy with these results.
What platform do you trade from?
Thanks
Thanks Tim! Appreciate your passion and honesty! Call out the fakers! It is a marathon not a sprint! Adapt to survive! Test, tinker and adapt!
This is a very contagious and energetic video, Tim Thank you very much!!!...Can I download Stock to trade to my phone?, is it IOS friendly platform?
Thank you Tim, for taking our education in this industry so serious!!! I appreciate you sir.
Great video, just starting off on trading 212. Practicing with the virtual money and when I get “comfortable” I may use real money. I want to be a millionaire. And I will work hard to get there 👍
Boom!
Im dedicated.Thanks Tim
Tim Tips 🔥🔥
Thanks brother 🙏
you got it!
I dont know anything about trading, but so interested to learn how it works❤️
Thank you for everything you do for us.
Beautiful video brotha, pure inspiration
Very good!
I love this guy!
Thanks for the video. This video is so helpful for a trader who wants to be a millionaire.
Tim thank you so much for being so real, it gives me the endurance I need to last long in this industry. There is a distinct difference between you and competitors and I respect that. It has helped me overcome struggles I’ve had to face as an investor and trader. Keep up your great videos, I am watching every one of them!
it's my pleasure!
Well said! The consistency with what you keep preaching really helps put me in the right mindset. Even if I find out I am a natural, I'd still rather go about it this way. This is a journey and I need to treat it like one!
Thanks I get it. Back studying.
Can't afford to start STT but I'm watching all your videos and already started saving, so in the mean time I'm studying during my 12hr work days.
Thanks. For. Telling. It Right
TIM SYKES' B-E-S-T advice he has ever given!!! ADAPT, it is a grind...! Thank you Tim : )
I'm sometimes stay up all night studying. I power nap a lot. At some point I realized that I did just as well when I first started trading a few years ago, but now I know why I lost money, or better I know what I do that causes me to lose money. Now it's a matter of developing better trading habits, not just making rules and writing them down, but actually implementing those rules when I trade.
I'm an excellent trader, I just have to start using what I know.
I’m interviewing this Monday
This is WTF I needed to hear!! The Raw Truth about staying focused
yessss!
I've been really lazy. But I am wanting to make better decisions to study each day and make better habits to where I won't be. I dreamt about trading stocks last night. Pretty cool. I think I'm going to awesome once I know what I'm doing more.
So damn inspirational
Tim,
Looking forward to the
Trader & Investor Summit 2018 in Orlando,Florida 🌴
Thanks for your inspiration and motivation. Keep Up the Great Work, One Millionaire at a Time. 😎
Mitch Bromwell when is that?
@@RLPerez-un6hv
29 Sept to 01 Aug 2018 😎
Dedicated!
I love this!
only 2 things to you need to become anything you want and that is belief and obsession I have both see you soon tim
Hey Tim this is ray Cheatham love the motivation and inspiration your teaching in these videos.
What ticker is marijuanika under?
a daily dose of Sergeant Tim will keep our sanity and wallets intact
Thanks bro, dropping absolute Gems right here!
hey tim do you trade sometimes more than a hundred thousand shares? is that possible for big accounts?
you are my hero for being so real
I’ve been watching you for two years now crazy .
Is there a video for the UK stock too ?
Hi Tim, I have been trading for a 6 months but made a few wins and more losses. I really want to educate myself on how to become the best and one of the top millionaires. I am ready and raring to go.
I want to learn.
I'm getting it, slowly, surely, steadily.
Yes
👍
I log every trade in an Excel file (I don't have fancy software beyond Etrade). Also, I'm from the midwest.... it is boring af. Thanks for keeping it rated R. There's nothing PG about losing money. : )
haha 💯🙌
So dedicated : )
I'm dedicated!
I'm all in!🐱
study hard! check out our trial!!
I’m dedicated💯 currently reading the complete penny stock course and saving up money to become a challenge student
awesome- keep it up!
Wow. I love it when Timothy keeps speaking the truth. Which is not a popular thing to do these days. This video indeed had lots of practical information to the science of achievement in this game.
For education cost money, but then again so does ignorance.
0:55 to 1:00 is the reason I subbed.
hell yeah 👍
btw thx, made 20% on syn today, not nearly the potential but oh well.
Great video. Tim thanks very much for taking an initiative to help us young traders. I have been watching some trading videos for a while now. I am in a third world country and I am really interested in learning the patterns, getting more knowledge and trading. I will want to be under your tutor and mentorship. I am thinking of making my first ever trade on Monday. But I am not sure of I am prepared. Thanks if I can get your reply I will be grateful.
HAHAHAHAHAHAH. I Keep getting addicted to crazy people. In a good way tho. I am sold, I am buying the silver pennystocking program next week. Sykes is a different level. Raw. Just what I needed. Straight to the point, shame I can't go for the challenge student program. My professional live is complicated but The Silver program fits me 110%. Thank you Tim.
I wish I had found you sooner Master Sykes but is never too late. Colonel Sanders made after 65...I am not even close to that...Thanks for all you do...
i would wish to learn every thing ..... and am in uganda ... i want to get all better options on the brokers i should use ...
Can you short stocks below 1$? Which brokers are best for below 1$
I am ready.
I know this is off topic but.... anyone who reads this. Watch the other guys movie and I tell you Tim looks like will ferrel in that movie. But loved the video Tim you always speak facts
I keep grinding
Much thanks Timothy. But I want to be your millionaire student
Yoo I feel you 100 percent
Hello Tim. You definitely don't pull your punches, but we do have to get real and get off our cans and make an honest effort. I watch many of your videos, and as a disabled vet, I hope I can learn to adapt your tragedies to my style of trading, so I can provide a decent living for my family. Thank you.
Yes master
study hard!
Hello me and a few buddies of mine have just got picked up by a company in fernley Nevada, we are coming from Piedmont lithium in North Carolina, my question is im single make good money and want to start investing and i thought the company i will be working for american battery would be a good place to start it seems like low priced stocks should i go balls out now or when i start near April? I just want to flip some untapped income i've been sitting on or can you suggest something.
Thanks Excuvatorbully. P.S what brokerage site should i use?
Tim I've got just one question, I have a full time job and only armed with smartphone and etrade for trading. I feel I'm limited in a stock screener that allows me to find these patterns! Any suggestions man?
And I mean for mobile because it's really all I got! Ive taken days off to trade from home using thinkorswim and perform much better, sometimes not trading because nothing is happening but I definitely trade better from home with thinkorswim scanner! Anything for mobile that's worthy? And dude I believe in your education you have taught me almost everything I know about trading and I am truly grateful!
Bitter truth but good tips
Tim, what is your website where we can see your wins/losses ?
BullyMangler
Probably Profit.ly 😉
Pennystock is a niche market. Once your account gets bigger, liquidity becomes an issue. But still, hard work and thinking outside the box is key. If everyone is using the same strategy, then the return will also diminish correspondingly.
yup, once you're over $10 million it definitely becomes tougher, the good news is none of my students have made over $10 million, my top students has "only" made $8 million and nobody uses the same strategy, we all have our own favorite patterns, it's amazing the ignorant assumptions outsiders make and I thank them for that as it means I have MUCH more teaching to do
youre being ignored because of the econy relax take a breath because you are a breath of fresh air god bless
I could tell you how dedicated I am, but I'd rather just show you.
How i can learn?
i have steven dux dvd and tim sykes dvds . email me hotlinexz@gmail. com
Jonathan Berg
Don't rely on others on YT comment sections... Watch his free video lessons on Tims TY channel. If I were you I'd also buy his How To Make Millions DVD.. That is a great start. Or just re watch this video and pay attention.
Subscribe to my channel. I teach beginners etc. Just starting out. All free.
I'm going to be one of your students I love this video!
Did you become one?
Growing my mental account
dedicated
great 👍
Tim, there is a trader with a channel called beginner trading. He has been posting all his trades live and streaming for the past year, and now looks to becoming profitable. 70-80%.He posts his P/L and trades live "everyday". What do you think? It he for real? If he is, he's going to make a killing if he starts teaching.
How do I sign up
start with my 30 day bootcamp www.timsykes.com/30-day-bootcamp/v2/?tyr=true
YOU SO FAR , ARE THE ONLY ONE THAT ( I BELIEVE ) IS TELLING IT LIKE IT ( REALLY ) IS !!!! EVERYONE
ELSE ( FOR THE MOST PART , W/ FEW EXCEPTIONS ) MAKES TRADEING OUT TO BE THIS NEVER ENDING PIE IN THE SKY ( POT OF GOLD IN A PORCHA [ PROBABLY
MISPELLED , BUT IT DOESN'T
MATTER BECAUSE I DON'T HAVE EITHER ... YET ] ) !!!!
Suggestions for a minor on how to set up an account?
Education and studying the past is NEVER a bad thing!
Fuck ya man, im in
I want to be your next student Timothy. But as a fulltime student working a part time job, do you think i will still have time to study and become smart enough to begin trading? Thank you
do what i did. work two jobs. up 12 to 16 a day for a year. after that you will hopefully have saved up to 15k to 25k . then you get a part time and find a good program to start day trading. and study the heck out of it