Thursday, November 1, 2012

Officially Enrolled!!

Hello fellow bloggers! As of yesterday, I am officially one of Tim Sykes Millionaire Trading Challenge Students! I am creating this blog so I will be able to track my progress through the next year not only on this blog, but also through my trades on profit.ly. At first I was very skeptical of this and thought it could possibly be a scam, so I was not interested and I thought I would just do my own thing. After doing my own thing for two months and losing 4,000$ I realized this was not working for me. So instead of hoping back on the horse to risk losing even more money using a strategy that has no strategy to it, I thought it would be much wiser to invest in my education of stocks, and try and turn my losses around. I have yet to make my first trade since joining the challenge, but this is because Tim provides his students with so much good information and learning videos at their fingertips that I am not even worried about trading right now, I am just trying to study his strategy as much as possible. Tim is actually so generous that once you become a student, he will actually send you all the DVD's he has made so that you can learn everything about his short selling strategy. Since I am going to have to be able to short sell stocks to use this strategy I am currently in the process of switching all my money over to a Suretrader account, which is the broker Sykes recommended me too. Suretrader is great not only because you can short stocks, you can also avoid the SEC's PDT Rules, which is a life saver for me since my account balance is under 25,000$ and on top of that the commission is only 4.95 a trade!!!(Compared to 9.99 at Etrade). Thats all for todays post! Back to studying everything Tim has to offer me. I provide links below to anything significant mentions in this post. Till next time! Happy Trading Everyone!

Links:

Tim Sykes Homepage - http://www.timothysykes.com/

My Profit.ly Profile - http://profit.ly/user/Ipbyrne

Follow me on Twitter - https://twitter.com/DJIke512

Suretrader - https://www.suretrader.com/

If interested in any Profit.ly Subscriptions
Please use Links Below:
http://profit.ly/sales/timothysykes?aff=1579
http://profit.ly/sales/prepromo?aff=1579
http://profit.ly/sales/mark?aff=1579
http://profit.ly/sales/investorsunderground?aff=1579
http://profit.ly/sales/alexvo?aff=1579http://profit.ly/sales/fous?aff=1579
http://profit.ly/sales/buyinalerts?aff=1579
http://profit.ly/sales/gurus?aff=1579http://profit.ly/plans?aff=1579

No comments:

Post a Comment