Tim Sykes Trading Challenge Review: A 22-Year-Old With $900,000+ In Profits
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- Опубликовано: 7 апр 2017
- Go apply at bit.ly/3cVeTOc to become my next millionaire student as my previous best student has turned $1,500 into $4+ million (read tim.ly/grittani4 for details), but now Steven Dux is quickly gaining on him thanks to A LOT of hard work and study
yes he had $27000 to start with but at his age i know most people would have probably bought a new car or blow it off on something stupid, he was smart and invested it in his education and its going to make him millions. #stayhungry
If you listen closely he tells you exactly how he grew his account. So many nuggets in here.
And the most important one for me is he only takes trades when the setup meets all the criteria. Which means he has patience to wait for the perfect set up and then pulls the trigger when he has the hand he wants. Once he has the hand he's looking for he puts on size. (Not all the time of course.)
A lot of aspiring traders can't deal with missing out on moves in order to catch the ideal set up. It takes a lot of self control. Fear of missing out is a deadly trait to have. Patience is truly a virtue when trading.
Itu M great comment man so on point
dont understand why he discloses this and spills so much. the knowledge should be hoarded and kep secret amongst a tight circle of traders. Unless someone pays for the secret knowledge aka signing up for the challenge and/or buying dvd's.
I'm still trying to find out what this "perfect set up" is.
jeff deers what you don't understand man is that it doesn't matter that he "discloses" this information. There is no secret formula for successful trading, the only thing that separates successful and not is discipline, strategy and habits. Most people don't take action on knowledge they are given so it doesn't matter he gives this away because most people won't execute. It's not rocket science
tonycj if you had listened carefully to this interview he discloses in perfect detail what the perfect setup is with 80 percent win ratio.
STEVEN DUX's - PATTERNS THAT WORK 85%
1 . FRST RED DAY
2. DIP BUYING HUGE PANICS
3. SHORTING/SHORTING SPIKES (This one has to fit a lot of details and exp shorting needed )
4. SHORTING PARABOLICS ( might not work during current market)
Wait for everysingle criteria to be perfect, then go for the trade. Be patient.
Thats how I trade, love that he said that right in the begining
So much knowledge, but the two biggest lessons I learned here are:
1 - quality over quantity - only the best setups, and
2 - be open-minded to learn from multiple successful traders
Thank you, Tim and Dux, for sharing your wisdom!
Tim summed it up beautifully... People are just stabbing in the dark....
Trade less. Win more. Wonderful :)
I thought the more you trade the more you lucky to get more money
Timothy Sykes so we should trade less to make more money
so what happen when u have buy a lot of share
Ashfaq Sheikh oh okay so how much shares would be the right amount to have?
BRAVO young man . It took me over three years to hit the million dollar mark , and I started with over one hundred thousand dollars back in 1999 .
I think dux is going to be one of your best students ever, the amount of dedication and addiction he has toward the market is something I've never seen before
you're the most annoying and obnoxious interviewer ever! let the man speak! so irritating to watch, even though the 22-year old had great ideas to share
Hi Tim! jepic from the trading challenge here.. this is one of the best interviews for sure. thanks for posting. this should be a mandatory watch for ANYONE who wants to start trading. period. This will be a video that I'll come back to many times, maybe even when I'm on the toilet LOL! :)
Tim these are amazing questions, you know exactly how to extract the information that we need to hear from your students! Thank you so much!
What an amazing interview Tim. Literally so much information, I cannot believe this is free. You guys are changing peoples lives every day with this stuff. I can't wait until I can say I'm one of your millionaire students :) Congrats Steven, you earned it!
Love Steven's idea of closing his eyes and cutting his losses or taking his profit..still cracks me up and not sure if I will be as brave as him doing that..thanks for the lesson!
Thanks Tim and Steven- I can't wait to see what this year holds for me:
1) Shorting First Red Day
2) Dip Buying Huge Panics
3) Shorting Spikes (But Lots of Criteria)
Can't wait to save up to buy Pennystocking Framework and Trading Tickers. :)
This is the most real, the most relaxed, the most informative video you've made Tim. I'd seriously be training Dux to be a mentor. THANK you for this video. It's definitely saved as a favorite !!
This interview is fantastic, I can watch this over and over.
This kid is going places.
This was actually a dope interview lol. Thank you!
PleaseClap negative. I love all of his videos and lessons.
M- i
This is Gold. Im on my 4th day studying and my TG DVD is coming... IM EXCITED.. Thank You very much
22:45 100% right. Must control emotions. Sounds easy but is very difficult.
This achievement from Steven Dux is simply incredible and that's putting it midly. Congrats. This interview covered all the basics about how to start with trading. Simply awesome! Thanks to the both of you!
I have watched this interview for about ten times in two months now along with me reading books on the stock markets and trading. It feels so good knowing that you've learnt something great from the best of the bests. I just can't wait to join the challenge and start on the real thing. Thank you for sharing!
Dux is easily my favorite top student of yours. Very detailed in his explanations of how/what he does and thinks - that is the most beneficial info. Thanks for all you do Tim
Watched this video 4 times already, excited to hear Dux has videos he put out. His time management skills are amazing also. Thank you Tim for the interview
Studying on the toilet is the most productive way of studying.
Steven Stamatis I do homework while taking a poop because I don't use my phone or anything
Steven Stamatis sucks for my teacher h
the most productive way to develop hemorrhoids from being on the toilet too long.
sometimes whilst upon the toilet...i allow my giant cucumber to gently glaze across the water....like a tug boat skidding across the gentle waves of the ocean
toilet riches, call it a royal flush, nam sayin
Tim please keep posting these videos! Steven is amazing and I can't wait to hear from more of your students. Knowledge truly is power in the stock market.
This is a good and inspiring video!
Especially the part where Steven Dux said that the market will take your tuition money without teaching you the lessons, that's why educating oneself is so crucial before starting trading!
I too believe this is the most informative video I have seen on investing. Thanks!
Anyone properly understood the names of the 3 patterns he mentions at the beginning? I can't seem to hear them properly
Sykes, Goode, Grittani, Crook, and Dux....Wow, what a great time and place for best mentors. signing soon👌💰
I was scrolling down to get these names. whew! found it... thank you....
I think that most people fail on trading is because they spend their money trading and thinking they will make money fast
and not using their money for education and not giving enough dedication on trading
Absolutley awesome video interview!!! Learned so much from him. Thanks you guys. Tim, I appreciate every single one of your videos.
Enjoyable and insightful interview -- thank you Steven and Tim. I especially appreciate the open and frank discussion on how much studying and learning must be done to gain an overall picture of what the Sykes strategy is before plunging in (with small positions) to put it into practice. Love the fact that Dux is a humble, down-to-earth guy. Obviously very smart, yes, but he's a great example of working hard to achieve trading success. Trade less (great set ups only) and earn more! And BTW Tim--you're a pretty doggone good interviewer.
This is definitely an awesome informative inspirational (and funny) interview, something to strive for, but I also wish you could do some mini interviews of how your more "typical" students are getting along, more average folk.
Thanks Tim and Steven, great interview. Very inspiring and encouraging. Looking forward to working with you guys in the future! - RBI
OMG - an amazing interview! Kudos and CONGRATULATIONS to Steven for his success, and - as always - gigantic thanks to Tim for being the HERO that he is!!
Hands down your best interview. Phenomenal questions and even better answers. Got me pumped up!!
hes an international student. pretty sure he has money, hence why he started with so much and travelled so often. nonetheless, he's a very smart individual who used his resources as a means of attaining more.
Can't wait for his DVD to come out
Great video, been a student for a while and learned a ton. Get his dvd's and just study them over and over and over.....your time will come!!!
On my second day of learning about trading, watching videos, reading, and more on Tim's program. This video is a huge encouragement with great tips, I watched every minute. You can bet I will be paying close attention when Dux speaks as I continue through this program.
GZ on hitting 1m, Dux!! That CLNT short was beautiful!
Third time watching this video. Man this is so inspiring especially as a college student!!! If he can double major in two extremely hard majors and still manage to trade stocks, theres no excuse why I cant study my ass of. Im all in!!! Great video thanks Tim and congrats Dux
still come back and watch this video every once in a while. Thanks so much tim
You guys are the best, Ive learn so much from you, cant wait to become an student ...so far doing great with STT softwear but Need to make the next step! Thanks for the video Tim and Steven
This video is phenomenal!!!!! Tim keep doing what you're doing! I've learned a lot from being a challenge student 10 months ago and am becoming a better trader! In time we'll be having this same discussion. When people ask, does it work, i say everything works when you work. The proof is in your transparency that it works. At that point it's not about you, it's about them. You have to be willing to do what everyone else isn't, in order to not have what everyone else has. No matter what your goals are in life these rules apply.
It is extremely difficult to find genuine honesty online. But I found it with your challenge,your team and everything you are teaching. Thankyou so much.
Love these success stories! I, literally, feel myself get pumped watching these videos. Patience, planning, and self discipline seem to be of most importance. I hear those points from every one of you! I don't know how others view their road to success. But, I do know, EVERYTHING I've ever accomplished or gained from....Came from building the skill, first! The gains didn't/don't matter as much in the beginning, for me. It's the fulfilment of filling my potential, and proving to myself I CAN do what I set my mind to! The money is just a perk!
This is an awesome video . Ducks just confirms every thing Tim has been saying and teaching about trading penny stocks. I am grateful to have found Tim and all the successful students and all that I learned this far. I am 51 years old a mother of 9 and a grandmother of 9 with one on the way. I am certain that I am going to be a successful millionaire as so many other students have. I have not been able to to purchase Tim's DVD's but I have consistently followed mostly all the video lesson Tim has put out. I know my day will come soon to be able to join the growing list of millionaires. Thank you Tim and Duck!
Great interview 3rd time watching.
Super inspirational. This interview just got me pumped! Studying for the rest of the year & then getting to it DAY 1 of 2018. Can't wait!
Thank you Tim S. and Steven D. This is my 3rd time watching this video. This time I took notes the entire time, pause n rewind n more notes. Great Video.
Video lessons while driving is my thing as well. Amazingly inspirational, thank you.
This is one of the best inspirational Video I have watched in a decade. I have paid my tuition to the market in a hard way but still struggling.He doesn't recommend paper trading but I think paper trading helps a lot. This guy is thorough!
This video is so inspiring!!
Thanks Tim and Dux!
I will be joing the Challenge soon
Thanks Dux and Tim! Nice little 5 pages of notes. Great information! It really is rare to find millionaires who wants other people to succeed and more importantly teach and be 100% real!! Thanks Tim!
This is actually a great interview tim, u asked all the right questions, and made some good points . Very well done, but also how many students were in the challenge? how many failed ? all valid questions. this is the best student and every trader needs luck he obviously had alot of luck but also used strong systems. Congrats to this young man. this is one of your best videos tim, you should do a few more trader interviews i see alot u have done recently and we do appreciate them. keep up the good work!
This is definetly one of the top3 trading videos available on youtube. Learned so much. Thank you Tim Sykes and Steven Dux very much for making this video!
We NEED a video lesson on these spredsheets!!!!! please please please
Very good inspirational interview. Helps me for setting new trading goals.
great inspiration again, thank you for everything that you do!
this is the hungriest guy I ever seen in my life!!!
This video should have more than 1k likes... awesome video especially parents not knowing just yet
I want to learn more but I don't know where to start started with this Robin Hood App but can't even get further that I want to
It's so inspiring!!! Thank's a lot Tim! You do so much for us!
Best video on the Internet about trading in my opinion and for free too. Thank you so much Tim and Dux
Ban Nsabin you're right. It's by far the best video out there. Congrats Tim and Dux!
Am im just sitting here watching the video pause ever 4 seconds writing notes scrolled down at comment and im like YES! what that guy said. this is the best video
Am sorry, still listening to this video but "you're not missing much" @going to Africa, YOU'RE frigging crazy, seem like the type to blah on and on for no reason. After that comment you're an out of control lunatic,.
why are you so mad brah?
I'm making more money than my job gives using his techniques.
you can see he studys alot he has a major dedication level. that's why he is a fucking pro at his game. just like anything else. if your a pro you will train to be the best. my time will come soon
Very nice Tim & Steven, great interview, had to watch it twice.
Going to follow Dux's footsteps - utilize the experience of the traders and reflect on studied material. Thank you, Tim and Steven, for the improvised video that shows your drive to be open and honest with public about penny stocks market.
Awsome interview Tim. Thanks again!!
Great video. Very inspiring. Good tips from Tim and Dux. Than you for posting the interview.
This is an AMAZING video and Steven's 5 tips at the end are PRICELESS. Thank you so much for doing this interview and sharing this success story! I'm up next!! :)
Why did it take me a day to watch this??? This is sooo good, thank you Tim for posting this.
I really mean that, now that I started trading all of your lesson from the past 2 years or so, have really help me understanding trading, a really big thank you sir.
Started the journey Sept 2016, still studying with only a few very, very small test trades. Much respect for Dux & Tim. I sent this video to my 21 yr old son.
WOW! Awesome, you've been to South Africa Tim, hope you enjoyed your visit. Thanks for the video, learned a great deal from this young genius.
Great video! sertantly an eye opener to study all your video's more then ones! Thank you Tim and Dux
Thank you for sharing this - insightful.
This youtube video is as real as it gets! I will watch this TO INFINITY!
Steven Dux is the man! Want that webinar!
Learnt to wait for a perfect pattern. Study, study, study patterns. I'll be the second fastest millionaire!
Truly excellent video. Great addition to my note pad thank you both!
I remember watching Tim on Wall Street warriors
Tim's face at 16:05 - priceless. Great video!
Hey Tim, do you recommend trading normal stocks such as blue chips also, or do you think they're just a waste of time? And do you guys trade intra-day? Day trading to be more specific.
Thanks.
Hi Timothy, really great and inspiring video! I would appreciate it so very much if you took some time to read my messege.
I'm 20 right now and at a big crossroad in my life. I have applied to university, ironically enough, it's environmental engineering for me aswell. However, I've spent so much time wondering what exactly I want to do with my life, who I am as a person and what I think I should be working with/am good at and I am still not 100% sure of what I really want to work with. Trading has been on my mind for quite some time now but I never felt really encouraged to start since I went to a science high school and my knowledge of how economics work is very basic still.
After watching this video however, my motivation has never been higher. Here you talked about how important it is to stay objective and take your emotions out of the trades and also how extremely important patience is. These are a few traits that I know I possess thanks to previous life experiences. I am a very dedicated and stubborn person when it comes to selfimprovement aswell and I think that these attributes could make me a potentially good trader.
My biggest problem however is that I get choked up at the beginning of things. I see the path I need to take to reach my goal but I rarely see the beginning of it. So I'm asking you, or anyone here, where and/or what should I begin with as a completely novice who has not traded before in his life? I will gladly take any advice for anyone but it would mean a whole lot to me if even you, Timothy, could shed some of your wisdom to me.
I wish all the other starters out there a massive good luck by the way.
this is the best interview youve done tim. thank you.
Wow, what a great channel, I am the first time here, absolutely, thumbs up and now you have a new subscriber, greetings, Bobby
Have a good strategy,
Wait for the right setups,
Be willing to lose
Control your size
You’ll be successful
Great video I've learned after watching this video 2 times cut loses quickly control you emotions and your ego and STUDY STUDY STUDY
the most useful conversation about trading i saw last year
I have to learn this stuff 🤒 it's my only way to freedom
Sign up with TD Ameritrade and trade with paper money. Read every single thing you can. Japanese candle sticks is a good start. If you can work at night so you can paper trade in the morning that'll help. You need to know chart formations too. read/practice until your eyes bleed.
it is a way to financial freedom that is for sure as your earning potential in the stock market is unlimited...
As an #Options trader this is a pretty damn impressive return for a years trading, but I'm sticking to my #Options so I can make money no matter what direction the stock goes.
I have so much to learn as well.
Timothy Sykes is it realistic to think a person can get started with Ameritrade for $25.00 a week? Searching for brokers it has $0 minimum to start. This is a serious question. I am starting with zero dollars but Will have $20 or $25 this week.
Let's do it guys let's the games begin.... Was gonna say good luck... but its not luck... let's study!!! i wish you guys all success
great straight up questions tim!
Very motivational video. Steven's hunger is exceptional
:D best interview ever!!! great questions + most entertaining and inspiring answers!!! :D
Damn good interview.!!! A took a lot from that.! Thanks
Soo mutch positive vibration!
Works 100% 60% of the time (Anchormam).
great Q&A thanks for sharing Tim
Tim. Thank you, you are so motivating. Not only about trading but about being positive about every thing in life. You are an awesome person
I just love this guy. So young but down to earth and humble with a such helthy attitude towards life. Absolutely excelent fundation for a good trader. His parents did a very good job! And excelent interview bdw! If you listen carefully, you can make a solid plan how to prepare for your trading journey.
Been waiting for this. Shoutout Dux
Good stuff!!! Great Video, I really enjoyed your last statement!!