The #1 question I get is how to start with a few thousand bucks and grow it into millions FAST.
Because I turned $12,415 into $1.65 million in 4 years (see the whole journey HERE) and my top trading challenge student Tim G. has turned $1,500 of his own money into $2.1 million in 4 years (and as CNN wrote HERE into $1 million in just 3 years) everyone thinks I have the answer**.
Well, I do.
Here’s the truth: these are the brokers I use, but when you have a small amount of money, you must focus on increasing your knowledge of trading penny stocks, stock market education and account size before you can ever think about getting to $1 million.
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If you want my help/guidance, follow these 5 steps, memorize these free video lessons and get excited for my newest project HERE which will be ready in December and is specially for people with just a few thousand dollars to their name.
Now SEVERAL of my students are making $500 or $1,000+ in a day while investing just a few thousand bucks, thus growing their account size and learning at the same time…by focusing on trading the most volatile penny stocks, both long and short, just the way I’ve done for over 15 years now**.
This was the email I got from my trading challenge student Vahan:
Hi Tim,
One of your dedicated students. I wanted again to provide an awesome trade as a testimonial straight from your teachings. It is Halloween SCARY how well your system works. I am studying video lessons/DVDs everyday and it feels like every time I want to trade, you are next to me guiding on things to do or not to do. I want to break down the trade I did on CDTI which is straight from your lessons. CDTI ran in the morning from basically $2.00 to $3.45 on their patent news, and formed a double top at $3.45, I didn’t touch it all day as it faded late morning, noonish. In the afternoon, It touched $3.45 again, following some consolidation, then broke out at 3pm EST to $3.83, with huge volume, than guess what it did? It came down to former resistance at $3.40ish towards the market close, as it starting to uptrend I dip bought it at $3.44, 2900 shares ($10,000) thinking it would bounce and test the day high again either after hours, or gap up Friday morning, aiming to make 40-75 cents. After hours sold all all 2900 shares at $4.01, making 57cents/share that’s $1653 profit=17%**
Thank you again,
Vahan A. (VAVA on profitly, will post this trade later on profitly)
I just wanted to share this with you as a testimonial on how your teachings work if you study, study and STUDY.
FRIGGIN AWESOME!
And on the same day as one of my other trading challenge students who started with just a few thousand bucks also passed $100,000 in profits**
Here is Vahan’s CDTI trade:
And here is Tim G.’s CDTI trade:
And even though I was traveling an unable to give a buy alert when the breakout at 3.40ish occurred, there were hundreds more of my students’ who bought on my initial potential buy alert at $2.50ish and made 30, 40, 50, 60, 70 or 90 cents/share…very similar to my Friday short alert on YOD at 2.45 where I locked in a little less than $1,000 in profits:
And many of my students did better than me %-wise:
That’s it.
The key to increasing your profits is by compounding these 5-10-15%-20% gains in 1-2 hours or 1-2 days…over and over and over and over again over a few months or more likely years…and as your account size grows, it’s easier to bank even more than $1,000 since the position size goes up and if you can still make 5-15% on a $50,000 position just like you did with $5,000, well then, millionaire status will be yours sooner than later.
There’s no secret way to becoming a millionaire any quicker, or at least I don’t know it…and I can only teach what I know has worked for me and now my top trading challenge students.
Do the math, you only need 1,000 $1,000 profits to have $1,000,000 that’s really not that bad when you think about it, sometimes my students and I get ahead faster with $2,000 or even $3,000 profits or sometimes $200,000+ profits in one day like this when the same patterns in my DVDs present themselves on more liquid and volatile penny stocks.
Look at how my Challenge student Ivan got to $102,000 now in profits in 2 years**:
A few hundred bucks in profits and as you can see here, he doesn’t win every time, just roughly 70% of the time.
And as I said in this video, this $100,000 he’s made is just the beginning:
That’s why I am SO proud of this page as nearly every single student on there now understands how to turn $1,000 into $1 million within a few years and they’re on the path to doing so.
The problem comes in when traders fail to cut losses quickly and a “shoulda woulda coulda loss” of $50 or $100 or even $200 or $500 becomes a $3,000 or $5,000 loss that hurts their account balance and confidence, thus delaying or even preventing their rise to millionaire status as they give up along the way.
(When experiencing a big loss due to breaking key rules should actually help traders respect the rules even more so as not to let that kind of a loss happen again)
This is why I continually stress rule #1 is to cut losses quickly so you don’t interrupt your process of becoming a millionaire…it’s not optional, it’s required when partaking in my proven strategy.
Want some background videos on this topic, sure here you go:
This is why I go on TV shows like this and I accept allllllll the hate that comes my way, it’s due to sheer ignorance and a failure to understand that my life is dedicated to sharing what I’ve learned and helping people achieve financial freedom in a way that nobody previously thought was ever possible.
As I create more millionaires using this method, you will have two choices: a. continue to hate me, distrust me, be jealous of my success and my students’ success or b. join in the fun and change your life forever.
Your call entirely 🙂
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