Timothy Sykes
@timothysykestrader·479K subscribers·3.4K videos
Are Your Trading Goals Realistic? Here's Why it Matters
Posted
October 25, 2020
Views
9,288
Likes
473
Comments
66
Engagement
5.80%
October 25, 2020
9,288
473
66
5.80%
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So many traders want to make huge profits. Don’t be an idiot! Think big, but start small. This mentality could change your future. Wanna know my average profit per trade? Watch this now!
🔴 First green day on OTC pattern
🔴 Morning dip buy video
🔴 Morning dip buy blog post
🔴 When to get out of a trade
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Right now, it’s a huge trend for traders to talk about how they make $30K or $50K on a single trade…
They lure in newbies — greedy newbies — with promises that they can do the same.
Here’s the problem. If they don’t tell you basic details like their account size or share every trade, you should run away — FAST!
These get-rich-quick schemes are more likely to blow up your account than actually make you money.
I don’t make promises like this. They’re unrealistic.
Here’s what I can do ... I can teach you how to trade with a small account. I can share with you the techniques I’ve learned and refined over 20+ years of trading in the stock market.
To do that effectively, I go back to my roots every year and reset my trading account to $12K. That’s how much I started with originally … And I eventually turned it into millions.*
At the time of this filming, I’ve made over $5 million. But my average profit isn’t huge. In fact, it might just surprise you. I’ll tell you the exact number in the video.
Even my top student Tim Grittani, who’s now over $9 million* in profits, doesn’t usually make huge profits on individual trades. I’ll tell you HIS average profit, too. [Update: Since filming this, Grittani’s passed the $13 million mark!]
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(Quick disclaimer: These results are far from typical. We’ve dedicated time to build our trading knowledge and hone exceptional skills. Most traders lose money. Always remember trading is risky … never risk more than you can afford.)
People, it’s not about home runs. It’s not about a $10K profit on a single trade. Honestly, that’s a totally unrealistic goal … Especially for a new trader.
If you think it’s all or nothing, you’ll be tempted to go all in with trades. That’s a surefire way to blow up your account fast.
In this video, I share why it’s so important to have realistic trading goals — and why it really matters.
A single $100 profit probably won’t make or break you.
But if you can figure out how to profit small over and over again … And if you can figure out how to avoid LOSING $100 over and over again…
That all can add up over time.
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Hey, it’s 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 the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.*
* Timothy Sykes teaches skills others have used to make money. Most who receive free or paid content will make little or no money. Any results displayed are exceptional and are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Do not invest money you cannot afford to lose. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services. Past performance in the market is not indicative of future results. See Terms of Service here
