The Smart Way to Grow a Small Trading Account

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  • เผยแพร่เมื่อ 20 ธ.ค. 2024

ความคิดเห็น • 110

  • @TimothySykesTrader
    @TimothySykesTrader  3 ปีที่แล้ว +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 ปีที่แล้ว

      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

  • @Stephen_L
    @Stephen_L 2 ปีที่แล้ว +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 ปีที่แล้ว

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

  • @viktorlivesforjesus
    @viktorlivesforjesus 2 ปีที่แล้ว +1

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

  • @Mandoingwell
    @Mandoingwell 3 ปีที่แล้ว +3

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

    • @TimothySykesTrader
      @TimothySykesTrader  3 ปีที่แล้ว +2

      solid advice

    • @naqufsore9347
      @naqufsore9347 9 หลายเดือนก่อน +1

      I really want to be your students it's my dream

  • @thebeeskneestreasures3596
    @thebeeskneestreasures3596 3 ปีที่แล้ว +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!😁

  • @dannyhardwick40
    @dannyhardwick40 2 ปีที่แล้ว +1

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

  • @jlalegrio685
    @jlalegrio685 3 ปีที่แล้ว +7

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

    • @edwinroyal9734
      @edwinroyal9734 3 ปีที่แล้ว

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

    • @TimothySykesTrader
      @TimothySykesTrader  3 ปีที่แล้ว +2

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

    • @TimothySykesTrader
      @TimothySykesTrader  3 ปีที่แล้ว +1

      glad to help!

    • @edwinroyal9734
      @edwinroyal9734 3 ปีที่แล้ว +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  3 ปีที่แล้ว +2

      @@edwinroyal9734 awesome, glad to help!

  • @NatureandSpirit111
    @NatureandSpirit111 2 ปีที่แล้ว +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.

  • @owensherlock5111
    @owensherlock5111 3 ปีที่แล้ว +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 3 ปีที่แล้ว +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.

  • @nursinggrad421
    @nursinggrad421 4 หลายเดือนก่อน

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

  • @Maurice419
    @Maurice419 2 ปีที่แล้ว +1

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

  • @terranceroach1828
    @terranceroach1828 3 ปีที่แล้ว +2

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

  • @aaronnyemah1542
    @aaronnyemah1542 2 ปีที่แล้ว

    Hi, where can I sign up to learn ?

  • @SamanthaDarbone
    @SamanthaDarbone 3 ปีที่แล้ว +1

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

  • @franpetrillo6771
    @franpetrillo6771 2 ปีที่แล้ว +1

    Will start small and study Haaaard! Thanks Tim

  • @juaninfante7000
    @juaninfante7000 3 ปีที่แล้ว +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

  • @matthartley383
    @matthartley383 3 ปีที่แล้ว +1

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

  • @toddcournoyer5759
    @toddcournoyer5759 3 ปีที่แล้ว

    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.

  • @walterharris6311
    @walterharris6311 2 ปีที่แล้ว +1

    Awesome video thanks ☺️

  • @KT-zx9jr
    @KT-zx9jr 3 ปีที่แล้ว

    good work tim. have a great 2022! thanks.

  • @19chucksmith70
    @19chucksmith70 3 ปีที่แล้ว +1

    Wow! AMAZING video!

  • @noecazares2144
    @noecazares2144 3 ปีที่แล้ว +1

    Thumbs up for being transparent.

  • @MimiTuleva
    @MimiTuleva ปีที่แล้ว

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

  • @Endeavortrades1
    @Endeavortrades1 2 ปีที่แล้ว +1

    im all in, tim

  • @pilarg5292
    @pilarg5292 2 ปีที่แล้ว +1

    I promise to be patient 🙏

  • @russl8334
    @russl8334 2 ปีที่แล้ว +1

    I promise to be patient with the process

  • @godsprincessinspiredanewby7929
    @godsprincessinspiredanewby7929 2 ปีที่แล้ว

    Is the sign up fee recurrent/charged monthly?

  • @johnandino3170
    @johnandino3170 3 ปีที่แล้ว +1

    you are right patience is the game

  • @noecazares2144
    @noecazares2144 3 ปีที่แล้ว +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.

  • @sakhiullahshakori5575
    @sakhiullahshakori5575 3 ปีที่แล้ว

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

    • @TimothySykesTrader
      @TimothySykesTrader  3 ปีที่แล้ว

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

  • @howiestoffberg
    @howiestoffberg 2 ปีที่แล้ว

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

  • @nadavshay3016
    @nadavshay3016 2 ปีที่แล้ว +1

    i love your videos

  • @TheTennisClips147
    @TheTennisClips147 3 ปีที่แล้ว +1

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

  • @naqufsore9347
    @naqufsore9347 9 หลายเดือนก่อน +1

    Now I know why it is important to be patient

  • @renatasanova1537
    @renatasanova1537 3 ปีที่แล้ว +1

    I agree with you!

  • @Dale-xo1td
    @Dale-xo1td 3 ปีที่แล้ว

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

    • @TimothySykesTrader
      @TimothySykesTrader  3 ปีที่แล้ว

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

  • @jasonlanzafami4497
    @jasonlanzafami4497 3 ปีที่แล้ว +1

    How much a month is your challenge?

    • @jasonlanzafami4497
      @jasonlanzafami4497 3 ปีที่แล้ว

      Love your TH-cam videos btw 😎 thank you 😎

    • @TimothySykesTrader
      @TimothySykesTrader  3 ปีที่แล้ว

      see timothysykes.com/plans there's different plans

  • @lamarrussell2682
    @lamarrussell2682 3 ปีที่แล้ว +2

    Do you have any African American “millionaire “ students?

    • @edwinroyal9734
      @edwinroyal9734 3 ปีที่แล้ว +3

      How is that relevant lol😆

    • @TimothySykesTrader
      @TimothySykesTrader  3 ปีที่แล้ว +1

      not yet, but several are getting close to $1 million!

  • @siuatoofohe9651
    @siuatoofohe9651 2 ปีที่แล้ว +1

    Yes

  • @jevisochieng8793
    @jevisochieng8793 3 ปีที่แล้ว +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

  • @almendratlilkouatl
    @almendratlilkouatl 3 ปีที่แล้ว +1

    Okidoki I'm in

  • @InvestIQ111
    @InvestIQ111 3 ปีที่แล้ว

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

    • @TimothySykesTrader
      @TimothySykesTrader  3 ปีที่แล้ว +1

      sprained ankle, bucket is full of ice :)

    • @InvestIQ111
      @InvestIQ111 3 ปีที่แล้ว

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

  • @FukumoneY
    @FukumoneY 2 ปีที่แล้ว +1

    Another video lesson down

  • @lextrader7916
    @lextrader7916 3 ปีที่แล้ว +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.

  • @rstraderbud-mx8iu
    @rstraderbud-mx8iu ปีที่แล้ว

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

    • @TimothySykesTrader
      @TimothySykesTrader  ปีที่แล้ว

      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

  • @archetype1987
    @archetype1987 3 ปีที่แล้ว

    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.

  • @jamesbonofffradestin761
    @jamesbonofffradestin761 3 ปีที่แล้ว +3

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

    • @TimothySykesTrader
      @TimothySykesTrader  3 ปีที่แล้ว +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 3 ปีที่แล้ว +5

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

    • @oldirtydick472
      @oldirtydick472 3 ปีที่แล้ว +1

      Horrible take

    • @TimothySykesTrader
      @TimothySykesTrader  3 ปีที่แล้ว +1

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

    • @oldirtydick472
      @oldirtydick472 3 ปีที่แล้ว

      @@TimothySykesTrader Thanks for everything man taught me a lot

  • @FukumoneY
    @FukumoneY 2 ปีที่แล้ว +1

    Another video lesson down