I love trading. It is one of the most rewarding things I’ve ever done. Both financially, and as a challenge to be better every day.
Now, nobody starts trading and gets it right away. Some never get it. Those that do get it almost always have a mentor. That’s why we give back by teaching.
One question that comes up every once in a while is, what would I do if I was starting over tomorrow. My best answer is something like this…
Table of Contents
The Big Picture
The truth is, I’m grateful that I found Tim Sykes when I did.
Now, Tim and I are very different traders. And we have a different teaching style.
But we both want what’s best for our students…
Become An Independent, Self-sufficient Trader Without Making the Dumb Mistakes We Made
You will make mistakes. We all do.
And you will take losses because that’s trading. No trader wins 100% of the time. You should run the other direction if somebody tries to tell you they do. It’s just total BS.
But you don’t have to make as many mistakes because we’ve broken the process down into a formula.
So, when Tim Sykes hosts a free bootcamp with Jack Kellogg and Bryce Tuohey, I think you should do it.
By the way, Bryce does webinars and trade reviews for Daily Income Trader members. I’ve worked with him for years now and he’s a great trader and teacher.
So, if I had to start over tomorrow?
I’d try to find the very best teacher or teachers I could. Then I’d get as much information as I could. Then I’d get to work studying the materials.
We see it every day: those who show up to the webinars, the bootcamps, the daily recaps..
Do better, get better faster, and become self-sufficient traders more consistently.
Those who try to make it hard on themselves, take longer. Again, some never get it.
So, when you have the opportunity to train with someone who has a formula for success, and your investment is time, commitment, and mental capital…
I suggest you take the opportunity and run with it.
My Take
One thing I don’t understand is why so many people are determined to make their life worse with trading. I trade to make my life better.
People are trying to trade all through the night. Or trade when there are no real opportunities. Or trade without learning the patterns or even the basics. Every day I get questions about it. We have some of the most amazing teachers and materials here. Take advantage of it.
If I had the opportunity to do a free virtual bootcamp with Jack Kellogg, Bryce Tuohey, and Tim Sykes back when I started, I would’ve JUMPED on it.
Watchlist
Sunrun Inc. (NASDAQ: RUN) was up in premarket trading yesterday after it announced a partnership with Tesla, Inc. (NASDAQ: TSLA) and Renew Home to provide 16.8 GW of flexible energy capacity to data centers and utility companies.
RUN 2-day, 5-min candle, news catalyst play
My take on RUN is to have small goals. That said, I like the news. This fits as an AI, energy, and data center sympathy play. That means it could check a lot of boxes over the coming months.
On My Radar
- El Capitan falls to 2nd place. Come on, America, we can do better.
- Day Trading for Beginners Lessons 1-18. Bookmark and come back after the Sykes bootcamp
- More chips: South Korea’s biggest chip manufacturer plans to raise $29 billion on a Nasdaq listing next month.