• What I’m doing to prepare for a crazy year … Look for these opportunities.
• I used to be where you were. Here’s how I learned… 
• How to start your education the right way in 2022.

Happy New Year! A new year means new opportunities to profit and learn. Let me give you my best advice as a millionaire trader… 

It’s important to learn new things every day. Stagnation is the enemy of progress. So if you want to get better, keep pushing forward.

I started as a day trader after I joined Sykes’ Trading Challenge. I learned a ton about the markets, this niche, and my own trading abilities.

In 2022 I’m still looking for day trades. It’s what I know best.

But I’m also hoping to add some new skills to my arsenal. Sykes always says that day trading is like going to war. I’m trying to arm myself as best as possible.

Ready to make the most of 2022 as a trader? Keep reading… 

The First Thing You Need

Trading is all about discipline. The road to consistent profits is long and tough. Trust me, I’ve walked it. I’m still walking it. Every single day is a grind.

You can’t skate by in this profession with minimal effort.

And you need long-term focus and patience. It took me four years of studying, honing, and trading before I hit $1 million in profits. That’s about average. Many of Sykes’ millionaire students took similar amounts of time. 

But there’s no set timeline.

This isn’t something you can learn in a few minutes, hours, or days. It takes years. Think about how trading fits into your life from now on. Then, commit to your goals and practice.

Study!

There’s a ton of information out there about stock trading to listen to, read, and watch. It’s great to do your own research to come up with resources. But also pay attention to what successful traders like.

Obviously, I learned plenty from Sykes. But Tim Grittani’s “Trading Tickers” DVD had a big impact on my learning too. I know many other top traders studied both these traders intensely.

Be open to learning from different mentors. I suggest finding legitimate traders and studying their content. That can help you zero in on a particular strategy or area of the market.

If you’re new to trading, all the studying and new information can make it feel like you’re trying to drink out of a fire hose. I know the feeling. And it does get easier with time. 

If you have more direction, it can be more manageable. I do my best to teach you all I can with regular watchlists and webinars.

And in 2021, I launched my Trading Accelerator program. I’m more committed than ever to trading and being the best mentor I can be.

How much you study — and who you study — is up to you. There’s no right answer. It’s what fits your personality and drive.

Why 2022 Is Different

The markets are always changing. You must learn to adapt your strategies and patterns.

It’s not an exact science. The patterns may be somewhat the same but with lots of little variations, sort of like snowflakes. The catalysts that spike stocks change too.

Yes, it’s a lot to keep up with.

The only way to understand what’s going on is to get involved and stay involved. If you want to know what makes 2022 different, pay attention. Watch the news, charts, and stocks… 

• Which stocks spike?
• Which patterns are working?
• Which catalysts spike stocks?
• How high are they spiking?

These questions will help you find opportunities while keeping your expectations in check. You can’t take more than the market’s willing to give. Always remember that.

2022 is different for me because I’m looking at new patterns. My goal is to be able to trade whatever the market throws at me. That includes… 

• Day trading
• Short selling
• Swing trading

Who knows, maybe I’ll even start looking at options. I know Mark Croock could give me some pointers.

Let’s have an incredible 2022 together. Thanks for being a part of The Wolf’s Den. I look forward to growing more with you in the new year!