Here's to the next $1,000,000! 🍻
Here's to the next $1,000,000! 🍻
6) @timothysykes for OBVIOUS reasons. From video lessons/mentorship, to friendship, you're always there for me and all your students.
6) @timothysykes for OBVIOUS reasons. From video lessons/mentorship, to friendship, you're always there for me and all your students.
4) @Dom_Mastro10 For teaching me proper risk management/importance of big picture charting (multiday charts).
4) @Dom_Mastro10 For teaching me proper risk management/importance of big picture charting (multiday charts).
1) @mono_trader for getting me introduced to the market, Sykes, and for staying friends all the way through.
2) @DansGamePoker for taking the time to help me learn the same strategy I trade today and being an amazing trading friend for years now.
1) @mono_trader for getting me introduced to the market, Sykes, and for staying friends all the way through.
2) @DansGamePoker for taking the time to help me learn the same strategy I trade today and being an amazing trading friend for years now.
Which helped me use lessons I learned on my own and apply them to those videos. But whatever you do, find mentorship from a teacher you trust. I learned from @timothysykes and now teach myself in @SmallCapRockets. Ideally, find one that trades a similar style to u
Which helped me use lessons I learned on my own and apply them to those videos. But whatever you do, find mentorship from a teacher you trust. I learned from @timothysykes and now teach myself in @SmallCapRockets. Ideally, find one that trades a similar style to u
I wish I had tried getting mentorship a lot earlier in my trading. But I wanted to prove I could do it solo. Within months of joining the Sykes Challenge, I became profitable.
However, I also studied so much content from him and his students...
I wish I had tried getting mentorship a lot earlier in my trading. But I wanted to prove I could do it solo. Within months of joining the Sykes Challenge, I became profitable.
However, I also studied so much content from him and his students...
Use these resources to become friends with someone who has the same goals as you and is in a similar trading spot to you.
Let them know your trading rules, as they let you know theirs. Hold each other accountable every day and grow together.
Use these resources to become friends with someone who has the same goals as you and is in a similar trading spot to you.
Let them know your trading rules, as they let you know theirs. Hold each other accountable every day and grow together.
"Trading is lonely". I heard this so many times when I first got started in 2017, but the world is a different place now.
Discord, Twitter, Chatrooms, etc., have all made it easier to connect with like-minded people...
"Trading is lonely". I heard this so many times when I first got started in 2017, but the world is a different place now.
Discord, Twitter, Chatrooms, etc., have all made it easier to connect with like-minded people...
You will not succeed without proper risk management. But it's not a one size fits all. Every setup I take, I manage my risk slightly differently. I could go on, but here's a video I made for learning risk mgmt as a new trader:
t.co/HAxddlJDkv
You will not succeed without proper risk management. But it's not a one size fits all. Every setup I take, I manage my risk slightly differently. I could go on, but here's a video I made for learning risk mgmt as a new trader:
t.co/HAxddlJDkv
I was 2 months away from "graduating" college (never happened lol), and had no plan, and I kept losing as a trader.
Through journaling every day, I objectively learned/studied what I was good at, and cut the rest out. Here's a sample entry from around that time:
I was 2 months away from "graduating" college (never happened lol), and had no plan, and I kept losing as a trader.
Through journaling every day, I objectively learned/studied what I was good at, and cut the rest out. Here's a sample entry from around that time:
The biggest thing I did to turn my trading around was journaling. I remember the week things finally started turning around for me. I frustratedly walked about 4-5 miles per day during April 2020, crying alone after another failed trading day...
The biggest thing I did to turn my trading around was journaling. I remember the week things finally started turning around for me. I frustratedly walked about 4-5 miles per day during April 2020, crying alone after another failed trading day...
During this early part of your journey, focus on keeping losses small. While I know I didn't do the best job tracking every trade I took (big mistake) and this might be off by another $1k or so, I'm so glad I never had an acct bigger than $5-$10k while learning.
During this early part of your journey, focus on keeping losses small. While I know I didn't do the best job tracking every trade I took (big mistake) and this might be off by another $1k or so, I'm so glad I never had an acct bigger than $5-$10k while learning.
I know nearly everyone felt the same way when they first started trading. That you'll be the exception. You will figure it out in a few months.
But no matter who you are, it will likely take AT LEAST 1-2 years before any consistency.
I know nearly everyone felt the same way when they first started trading. That you'll be the exception. You will figure it out in a few months.
But no matter who you are, it will likely take AT LEAST 1-2 years before any consistency.