The Truth About My Second Million-Dollar Year In a Row

Time Stamp: September 28, 2021 10:30 AM
Source Node: 1876522

The Truth About My Second Million-Dollar Year In a Row: Key Takeaways

  • Trading profits are everything, right? WRONG! See what really motivates me below…
  • Weird but true: Slow markets create fast market millionaires.
  • Milestones are nice, but yours matter more than mine…

Who else is more motivated by student milestones than his own trading profits? Roland Wolf…

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This is my second year in a row making $1 million in trading profits. So far in 2021 I’ve made $1,003,488.*

Last week, a lot of students noticed I was coming up on it. They were asking, “Are you nervous? Are you gonna celebrate?”

The reality is…

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Trading Profits Don’t Motivate Me

I don’t care about the milestone. Remember, I donate 100% of my trading profits to charity.*

I’ve taken all the fun out of trading for me personally. Why? Because I’m…

Optimized for Teaching

I don’t trade for my own personal gain. Not even for my own personal adrenaline rush.

That might sound sad, but I get a better high when students pass big milestones. I get more meaning and fulfillment when a million-dollar student like Roy says, “Hey man, you showed me a whole new way.”*

I love THAT. I absolutely freakin’ LOVE it.

Figure Out What Motivates YOU

You have to figure out what motivates you. What will it take for you to study?

I’m glad to make a million dollars. I’m grateful for every penny that I trade with — so I can donate more.*

But for me … my milestones have passed. It’s about you, the reader. And you, students and subscribers.

Understand that in 20+ years of trading, I never made $1 million in any one year until last year. I’ve consistently made six figures. But this year and last we’ve had more opportunities. There have been more trades.*

Even though I’m not necessarily nailing them all, it’s been a better market.

How to Become a Million-Dollar Trader In a Hot Market

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The number of millionaire students has shot up this year. I think it’s quadrupled. But understand, it’s not because they’re so amazing. Or because this strategy is so amazing. (Don’t get me wrong, my penny stock strategy is solid.) It’s because there are more opportunities.*

It’s been a fire-at-will market environment for much of the past 18 months. But here’s the key…

Slow Markets Can Make Millionaires

It’s counterintuitive. All these new millionaire students have studied during slower markets. They’ve spent time trading and watching slower markets. THAT is the key. When the market heated up, they were ready.

And that’s true of my trading, too. Which is why you should…

Embrace a Slow Market

Everyone wants more plays. “I want the best plays. Let’s go!”

You should want no plays. You should want fewer plays. That gives you more time to study and prepare for when there are plays.

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Remember, the market doesn’t care what you want. It’s gonna do whatever it wants.

So get the right mindset. If you lose, don’t get discouraged. Learn from it. If you win but sell too soon like I’ve been doing lately, get encouraged. It means you were on the right track. Get motivated to do better.

For me, I want to get better for students and so I can donate more.

Motivated to Help Make the World a Better Place

Helping create change in people’s lives is what drives me. Whether it’s a student who finally breaks free from the rat race or a 7-year-old child learning to read in Bali…

THAT means more than trading profits.

Again, you have to find what motivates you. Whatever it is, use it to change your life. And then join me in helping to change others’ lives.

What motivates you to get better every day? Comment below, I love to hear from all my readers!

Disclaimer

*Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work.  Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed are exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.

While Tim Sykes has enjoyed remarkable success trading stocks over the years, earning an aggregate sum of over $7.2 million in trading profits since 1999, his primary income derives from the sale of financial education products and subscription services offered by various businesses and websites in which he has an ownership stake.

Source: https://www.timothysykes.com/blog/my-second-million-dollar-year-in-a-row/

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