His youtube videos, while cocky, are indeed inspirational. However, put his passion to the side and do the math. Tim buys breakouts and shorts pump and dumps. This is a thought out decision based on my personal research and communication with my wife. Even when I feel I will be ready I am going to trade small until I get a flow going and build from there. Every so often I use real money but I truly need to stick to my original goal of getting into a flow in my paper account first. This is serious business and the markets are not pretty.Next
You say you have a 2 year old son. Picking the right stocks and risk management. Tell your gf to stick to architecture. I told the T Sykes recruiter to call me back Monday morning and I will give him my decision then. However, I just sit on the sidelines and continue to learn and get more comfortable before I take on a bigger step.Next
What have you monetarily gained beyond your initial investment? You have to apply for an interview before you can join. It depents what kind of the study of course because if you study hotel school its easy to find a job but the thing is, you like to see the investment of your time and money back in cash right? This level of access to Tim is invaluable. What really opened my eyes is his method and why he is doing this. When you say you are doing a lot of studying. Think about being a smart trader with specific rules and the money should come. Also if you have any questions or concerns please write them down and contact your interviewer to answer any questions you have before you join.
They have been my broker for 20+ years. However, let me make it clear for you and for anyone else reading the comments. I say this because, Tim may have been popular for a little while now, but within the last year he has really been put on the spotlight. I have had some big gains and some big crashes. Wow that seems like so little compared to the billions of dollars people place everyday in the markets. I did say that and for the most part that is true.Next
We are all genius hind sight but if we have real money with real emotions on the line we make different decisions. Then build your account 1 trade at a time. Love him or hate him; Timothy Sykes is here to stay. Or should I be raising 10K as fast a possible and then get into the challenge? Emphasis on Education Tim is a strong advocate of trading education. I am glad you find this blog helpful.Next
It depends on how you look at it. However, I am full time student with literally no money lol, although I am waiting for the trading challenge interview, I realized that I most likely can not afford this right now. I feel it has too many people who throw stupid ideas out in chat which causes a ton of noise. Do you know any sites that I can look and get that information. The stock market game in general is an ugly game and I see it more and more as I get deeper in. Then you will get a preliminary call. For me it was a phone interview.
Depends on your current situation and what you are expecting. Read the books first and watch all the free videos that are out there. Just because he makes more money teaching instead of trading it does not make him a scam artist. Well, for sure, that is a question, that you can not answer. Hey Jai, not sure if you remember me, buy if you scroll up you will see that I was the person that was considering joining the trading challenge about a week ago.Next
You did what was best for you and I respect that. Does you earn money from trading? I have a knack for picking the stocks. His 1600 plus videos are helpful but they are teasers that give you a little bit here and a little bit there. Tim is in and out of the room during the day, but Michael Goode is usually around. You need to learn how to get out quickly if you are wrong.Next
You lose it by not having strict rules and making random choices. Your overall success depends on how determined you are to learn his strategy inside out. If you are reading this and you are feeling conflicted you should be. You think by having newsletter alert from Tim will give me a higher change to buy a stock or short it? No mentor can guarantee profits but I can guarantee you that if you learn from Ross you will have a huge advantage. I take a break from the market until 2pm or so.Next
You have to do what is best for you and your situation. It appears you have done the right amount of research to make the decision that best fits you. Nightly I put together a watchlist and then recap the next day based off of my theories. Keep writing the articles man, I really do enjoy them. So, get a feel for what you like and go from there.Next