WHY Do I Bother Trading Penny Stocks with Small Accounts?
- What's up, Tim Sykes, millionaire mentor and trader, here with an important topic. Why do I trade with such a small report? I am a fucking multi-millionaire, why am I so proud about constructing 500 dollars or 1000 dollars in a day? I get this question a lot, because you have a lot of merchants, their whole goal is to trade with a big bank roller, and stir 50, 100, 200 thousand dollars in a epoch. I've been there. I've constructed 50, 100, even 200,000 dollars in a era. It's fun, it was a rush, specially my first 100,000 dollar gain era. When I was a wee little newcomer in college, I had three imitation IDs taken away from me, I couldn't even get into a fucking saloon, and yet I'm paying basically a lawyer's annual salary in one day, and I didn't even duration it right.
If I regarded another era it would have been 200,000, but that is the potential for my strategy. But, what I have learned is that most of my students have small-minded histories. So while it might be fun for me to manufacture 50, or 100 or 200,000 dollars in a day, it's not helpful to you, it doesn't help you learn. It might inspire you, but I've already likewise done that before and the cool situation is, two of my millionaire students, Steven Ducks and Michael Good, and actually Tim Brutani, three students, trade rather large-hearted, so they were able to still win 25, 50, 100, 200,000 dollars in a date, so they can stimulate you. For me, it's more about learning you guys right now the process, because frankly, there's nobody else trading with this small account schooling you the relevant procedures. How to grow a small report into something big. Most people who have small-time accounts, and trading with small-time histories, they don't know shit, that's why they have a small history. Nowhere else in the entire world of finance is any rich, successful, experienced person willing to downgrade themselves and trade like a fucking poor person, okay? This is like me going to the opera garmented as a fucking homeless person, okay? That's basically what I'm doing here.
Do you know how fucking suffering it is for me to trade and try to be like, "Ooh, I represented 500 dollars, ooh, I stirred 1,000 dollars." It's shit, but the good word is I'm not interested in those high-flowns anymore. The brand-new high-pitcheds that I get are from schooling and creating millionaires. When I meet a student, when a student messages me and says "Look, I just made 500 dollars or 1000 dollars, " for the first time, and their eyes are opened, that is what really gets me out of berthed everyday. I can construct 100,000 dollars and not tell a fucking living soul about my strategy, and induce 50,000 and 100,000, and fucking drink a shitload and buy bottles at the guild and fucking race my Ferrari into the fucking ground, that would be boring, okay? That's how the Wolf of Wall Street did it, even though he scammed people, I actually do it frankly. But that substance is boring. For me now, learning and kindnes, I know that sounds bizarre but these are my adrenaline high-pitcheds right now. Like when I build a brand-new institution, and I'm hugging a family, and now that kid actually has a potential future thanks to the school that I only fucking constructed, that's amazing for me.
Everybody has different things that fulfill them, okay? I had the Ferrari, I had the Lamborghini, I had the McLaren, I've driven them all approximately 200 miles an hour, I've gotten nauseous, I've gotten intimidated, I've been on jet-blacks, I've been on boats, I've lived in penthouses and mansions. I've been all over the fucking world, I'm looking all over the place for fucking fulfillment. And the funny situation that happened along the way. Two situations that fulfill me: benevolence and teaching.
So I'm gonna teach with a small history. I'm gonna trade with a small report. I'm gonna school you how to move 500 dollars in a epoch or 1000 dollars in a day. I'm gonna teach you how to lose 50 dollars, or lose 200, or sometimes lose three or 400, because sometimes, small-scale damages are the best case scenario. Sometimes you're just gonna be wrong , no matter how much work or how much formulation you put in. Small loss are not the end of the world. I know some people was just thinking, they get deterred. "Oh Tim, I've had four damages in a row." Shut the fucking around, you fucking pussy, okay? It doesn't matter if you have small-scale losses in a row, it's good to learn to lose small.
Every great trader that I have ever assembled has learned how to lose. I would be more worried about people where they think that they have to slope a fucking perfect competition and they have no damages, and they're like, "I'm invincible, I will never lose! " And then they lose all their fund on the next busines, okay? So I crave you to learn the correct way of get rich. This is why I have five millionaire students, and dozens of students who have earned five and six anatomies. Actually, maybe dozens of students now in the six anatomies, hundreds of students in the five anatomy range. It takes time, and I'm proud to teach you the process starting if you just have a small report. That's it, this is why I trade with a small history. Because that is level A, and you can always learn when you have a bigger report later on, you can always sell more aggressively later on. I'm more worried about learning you the basics, the fundamental rights, the foundation. Then you can take that, and I'm basically exactly civilizing rotates. So let me be your exercise rotates to you, you know? I never had a teacher, okay? So I'm trying to think, what can I do, "whats being" I be the most helpful way for you to learn? That's why I trade with a small account.
And I take it severely, even though it's ludicrous and boring to me, you know, to establish 500 or 1000, it's not just the money, it's the process. I'm pumped up if I see 500 dollars over the weekend or something and it's a 20 percent gain on a inventory, because the pattern is repeatable, the strategy is teachable. That's what gushed me up. It's not just the money, and I'd rather trade with a small account so that you understand where my priorities are. There's a lot of chat room, they just buy a low-pitched move inventory and they sell it within seconds, and so their entire chatroom buying it and they're just selling it in the chatroom and they're like, "Look, I manufactured 50,000 dollars, gaze how easy that is." What did you do? You did nothing that's useful for your students.
You fucking use them. So for me, the money that I oblige from trading, first of all, I likewise donate it all, I should have mentioned that very. If I oblige 100 or 200,000 dollars in a date, it all goes to fucking charity. I make more from teaching, and I'm not ashamed of that, I'm proud of it, so you know where my priorities are. I get paid, I induce more, when I have more successful students. I don't get paid, I don't oblige more if my students lose all their fund, or if they lost fund and they just say, "Oh, this suctions, Tim Sykes suctions, Penny Stocks suck! " It's in my own best interest to make the most successful students. And you have to start with a small history. If you have a big report, cable out half, wire out three quarterss, proceed trade with a small report. Challenge yourself, discover what you can do to build it up. It's actually amazing, and it teaches you the fundamentals, and I know that's not a fun process, but it's a necessary process. Leave a comment simply below this video if you're gonna be a dedicated student.
Trade small-time, tiny amplifications add up, it's good to be real, fuck fakers! Hey, Tim Sykes, millionaire mentor and trader. Thank you for watching my videos, I hope that they help you, I want to share everything that I've learned over its first year. You can check out more videos right over there. And also click subscribe so that you can watch all of these videos.
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