It didn’t happen overnight. I put in a lot of work just to become profitable. Some days I studied 15 hours total!
But after I found a strategy I liked, it took me seven months to make $170,000. Watch this video I recorded with my mentor, Tim Sykes.
The frustrating thing about trading is there’s more than one way to do it.
Sykes has over 20 millionaire students now, and we all trade a little differently.
For example, Tim really likes to trade OTC stocks. But I stick to listed tickers. Here’s the difference between the two.
When I first started, it was tough for me to focus on one strategy.
There were stocks flying all over the place and I wanted to trade all the time to make the most money.
But that’s not how it works. That’s how I blew up my first account. Read about my trading journey right here.
I don’t want that to happen to you! So today I’m going to tell you how I found a strategy that works for me.
My Favorite Setup
As I got more experienced, I started playing more setups.
But this is my all-time favorite. It’s one of the first I learned …
Let me remind you that this pattern might not work for you.
We’re different people. We see the world differently, and we think differently.
A setup that makes sense to me might not make sense to you right away. But don’t worry, there are tons of trading patterns to choose from.
Sykes outlined a bunch in this blog post.
Now, you could scour the market and try to find the patterns yourself. Or …
Watch Us Do It Live
I learned which patterns I liked after watching Sykes trade in real time.
He explained the thought process, and the factors involved. And I got to see it happen on my own screen. As if I was the one trading.
The magic of live streaming! What a wonderful world we live in.
Sykes and I both have live trades archived. That way, students can watch and rewatch the process.
Join here to get access to Sykes’ live webinars.
Join here to get access to my live webinars.
Tim holds live webinars every month or so. I do them more regularly — every Tuesday and Thursday.
And I’ve got some exciting news…
Sykes and I are teaming up to teach students live and in person!
There are three events.
One at the end of May, another at the end of June, and a third date to be announced.
All the details are right here.
I can’t wait to meet face to face.
Until next time,
Roland Wolf
Editor, The Wolf’s Den
P.S. I don’t just trade the market, I help other traders get better too. One way I do that is through my live training series, I’ve got a special guest with me for my next one. If you want in, click here.
