The Smart Way to Grow a Small Trading Account

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  • Опубликовано: 5 сен 2024

Комментарии • 110

  • @TimothySykesTrader
    @TimothySykesTrader  2 года назад +8

    It's GOOD to start small and practice at first, welcome to how ALL my top tim.ly/sykeschallenge students began....WHO'S NEXT?!?!

    • @WendellSanders-vs6oh
      @WendellSanders-vs6oh Год назад

      just put in my application to your challenge today, just watching your videos has motivated me to learn. Been on the computer for seven straight hours watchin, liestening, and learning

  • @Mandoingwell
    @Mandoingwell 2 года назад +3

    1 save and learn. 2 start small. 3 when you get good at finding stack that are going up, size up.

  • @jlalegrio685
    @jlalegrio685 2 года назад +7

    no christmas break??? nothing but respect and admiration to you tim.

    • @edwinroyal9734
      @edwinroyal9734 2 года назад

      This video is three months old dude. But I doubt he takes too much time off lol

    • @TimothySykesTrader
      @TimothySykesTrader  2 года назад +2

      @@edwinroyal9734 tim.ly/eduvest plans subscribers get everything in realtime :)

    • @TimothySykesTrader
      @TimothySykesTrader  2 года назад +1

      glad to help!

    • @edwinroyal9734
      @edwinroyal9734 2 года назад +2

      @@TimothySykesTrader I was a pattern pro subscriber for a year. It was a great experience and really boosted my knowledge account! I don't trade much but I hit $10,000 in profits this year. Thanks for everything you do, you are an inspiration!

    • @TimothySykesTrader
      @TimothySykesTrader  2 года назад +2

      @@edwinroyal9734 awesome, glad to help!

  • @viktorlivesforjesus
    @viktorlivesforjesus 2 года назад +1

    Compounding a small account is powerful. Compounding a small account with proper risk management makes the account grow so fast its crazy

  • @Stephen_L
    @Stephen_L 2 года назад +2

    This is PRICELESS advise, and I definitely wish I had found your channel a year ago for info like this. I went from a $5k starting investment, up to almost $30k in a couple months with some very lucky trades, then got way too confident to quickly and went down to about $8k. Thinking I could make it back as quick as I did the first time, threw another $7k in the account and it didn't take long for me to run that $15k down to $2k. You're channel could have saved me a LOT of money, as well as some really hard lessons. Since finding your channel, I've stopped trading and just watch the market daily, created a detailed trade journal of past positions, studying all my failed trades and applying your info to see what I could have done differently (its pretty staggering), and I'll ease back into the market at a reasonable speed. Seriously, thank you for the work you put into this channel, as well as making so many learning resources available.

    • @TimothySykesTrader
      @TimothySykesTrader  2 года назад

      Thx for the comment 👍 Your story is like so many others. Build up your knowledge account and study HARD!

  • @nursinggrad421
    @nursinggrad421 Месяц назад

    I got your ’Transition to Trading.’ I will study your technique and follow your recommendations.

  • @thebeeskneestreasures3596
    @thebeeskneestreasures3596 2 года назад +3

    Thank you Tim for motivating me to literally study charts, learning patterns etc etc etc every minute of every day I'm awake!! It's such an amazing opportunity & an exciting journey! Happy New Year!😁

  • @owensherlock5111
    @owensherlock5111 2 года назад +3

    I’m almost ready! Going to become a challenge student soon!! Good to see theres a group of people out here that are as crazy as me about trading

  • @goexplore318
    @goexplore318 2 года назад +2

    Nice video, I like how you are saying take baby steps first and learn to be prepared without losing your whole bankroll. It took Tiger Woods years being dedicated and learning, to become great at what he does. Have a Great Christmas. Thanks again for the videos.

  • @NatureandSpirit111
    @NatureandSpirit111 2 года назад +1

    That’s what I’ve been doing. I’m seeing a similar pattern with top 10% gainers. I’m looking to hold no more than a couple days and lock in small profits every two or three days of $5-$10.

  • @juaninfante7000
    @juaninfante7000 2 года назад +5

    big fan of your big big fan, i'm so into getting a better job as soon as i have 2 years on my future new job and save up some money trust me i'll dedicate all my time on learning the process right now all my focus is in another field but have seen you for 4 years and nothing have changed on your way on thinking and strategy trust you 100% since i don't have the mindset or money to put into this field i'll rather wait, love your content keep it up

  • @terranceroach1828
    @terranceroach1828 2 года назад +2

    I'm dedicated I'm determined to learn and I got your book thank you very much Tim Sykes you are the man

  • @Maurice419
    @Maurice419 Год назад +1

    Love your advice! It's so logical!!!

  • @dannyhardwick40
    @dannyhardwick40 Год назад +1

    Awesome video thanks Tim Skyes I appreciate your teaching. Looking forward to this challenge, God bless

  • @SamanthaDarbone
    @SamanthaDarbone 2 года назад +1

    I promise to be patient with the process!! I am ready to LEARN AND GROW!

  • @matthartley383
    @matthartley383 2 года назад +1

    Thank you Tim!!! The three "P's"

  • @toddcournoyer5759
    @toddcournoyer5759 2 года назад

    Wat I do is size up n avg into a normal run of the mill trade that looks like it's about to work out great. Turn a single into a triple or home run, when the stars align. This might only happen a few times a month.

  • @noecazares2144
    @noecazares2144 2 года назад +1

    Tim when you've actually thrown that watch in an audience of yours do you actually let them have it? I think you do. Just curious.

  • @siuatoofohe9651
    @siuatoofohe9651 Год назад +1

    Yes

  • @franpetrillo6771
    @franpetrillo6771 Год назад +1

    Will start small and study Haaaard! Thanks Tim

  • @aaronnyemah1542
    @aaronnyemah1542 2 года назад

    Hi, where can I sign up to learn ?

  • @howiestoffberg
    @howiestoffberg 2 года назад

    Does the PDT rule apply to accounts under $25 000?

  • @noecazares2144
    @noecazares2144 2 года назад +1

    Thumbs up for being transparent.

  • @KT-zx9jr
    @KT-zx9jr 2 года назад

    good work tim. have a great 2022! thanks.

  • @godsprincessinspiredanewby7929
    @godsprincessinspiredanewby7929 2 года назад

    Is the sign up fee recurrent/charged monthly?

  • @johnandino3170
    @johnandino3170 2 года назад +1

    you are right patience is the game

  • @walterharris6311
    @walterharris6311 2 года назад +1

    Awesome video thanks ☺️

  • @naqufsore9347
    @naqufsore9347 6 месяцев назад +1

    Now I know why it is important to be patient

  • @russl8334
    @russl8334 2 года назад +1

    I promise to be patient with the process

  • @Endeavortrades1
    @Endeavortrades1 2 года назад +1

    im all in, tim

  • @renatasanova1537
    @renatasanova1537 2 года назад +1

    I agree with you!

  • @MimiTuleva
    @MimiTuleva Год назад

    Yes, study is the process to the success. That's for sure.

  • @pilarg5292
    @pilarg5292 2 года назад +1

    I promise to be patient 🙏

  • @TheTennisClips147
    @TheTennisClips147 2 года назад +1

    It's the parable of the Fly Wheel. Good to Great.

  • @jevisochieng8793
    @jevisochieng8793 2 года назад +1

    Hello sir am jevis from kenya am much interested in trading penny stocks ... Have been trading in forex market and I need to deversify my portfolio to penny stocks ... How do I link with you.. have been. Talking to some of your students and am willing to take the work... Help me sir

  • @sakhiullahshakori5575
    @sakhiullahshakori5575 2 года назад

    You are great. how much the total cost of the training course

    • @TimothySykesTrader
      @TimothySykesTrader  2 года назад

      much appreciated, see timothysykes.com/plans we have several options

  • @19chucksmith70
    @19chucksmith70 2 года назад +1

    Wow! AMAZING video!

  • @jasonlanzafami4497
    @jasonlanzafami4497 2 года назад +1

    How much a month is your challenge?

  • @nadavshay3016
    @nadavshay3016 2 года назад +1

    i love your videos

  • @Dale-xo1td
    @Dale-xo1td 2 года назад

    Hey Tim if I have a day job can I still sign up or is this for day trading?

    • @TimothySykesTrader
      @TimothySykesTrader  2 года назад

      I have many part time students too, you choose your dedication level

  • @almendratlilkouatl
    @almendratlilkouatl 2 года назад +1

    Okidoki I'm in

  • @lamarrussell2682
    @lamarrussell2682 2 года назад +2

    Do you have any African American “millionaire “ students?

  • @blainecowan8712
    @blainecowan8712 2 года назад +1

    I PROMISE TO BE PATIENT WITH THE PROCESS!!!!!

  • @InvestIQ111
    @InvestIQ111 2 года назад

    Is there a reason why his foot is in a bucket?

    • @TimothySykesTrader
      @TimothySykesTrader  2 года назад +1

      sprained ankle, bucket is full of ice :)

    • @InvestIQ111
      @InvestIQ111 2 года назад

      ​@@TimothySykesTrader ahh hope it heals well man! Thanks for the great videos

  • @FukumoneY
    @FukumoneY Год назад +1

    Another video lesson down

  • @archetype1987
    @archetype1987 2 года назад

    No hate here...just sincerely wondering who would offer someone $100K...to be a millionaire...and what is that person's networth now to have that kinda money to just give away...I would say they're well on their way already but just crazy in the head.

  • @rstraderbud-mx8iu
    @rstraderbud-mx8iu Год назад

    were you getting a manicure during this video? well played if so. Re-starting small.

    • @TimothySykesTrader
      @TimothySykesTrader  Год назад

      LOL no I had a sprained ankle and had to ice my ankle but had the studio booked that day for filming so I multi-tasked LOL

  • @lextrader7916
    @lextrader7916 2 года назад +1

    Sykes is the man when it comes to day trading. Both long and short. His experience and dedication is infectious and if you follow him you will learn valuable information no matter what your trading style is. Tim is a true gem to the trading community and also one of the OG on youtube for trading videos. Do yourself a favor and follow him and learn.

  • @jamesbonofffradestin761
    @jamesbonofffradestin761 2 года назад +3

    If you don't have $30k, forget about trading. What you really need is a job.

    • @TimothySykesTrader
      @TimothySykesTrader  2 года назад +10

      not at all, all my top students started with far less, that's how you refine your process with a small account

    • @Dr23rippa
      @Dr23rippa 2 года назад +5

      Rich Dad Poor Dad lol... If you can't turn $100 into $1,000 stock market isn't for you.

    • @oldirtydick472
      @oldirtydick472 2 года назад +1

      Horrible take

    • @TimothySykesTrader
      @TimothySykesTrader  2 года назад +1

      @@oldirtydick472 this is why I teach, gotta cut through all the BS out there

    • @oldirtydick472
      @oldirtydick472 2 года назад

      @@TimothySykesTrader Thanks for everything man taught me a lot

  • @FukumoneY
    @FukumoneY 2 года назад +1

    Another video lesson down