Success Advice
(Video) Timothy Sykes Harvard University Speech About Becoming A Multi-Millionaire
Multi-Millionaire Penny Stock Trader and Wealth coach Timothy Sykes dropped by Harvard University last week to share his story of failures and achievements with an ambitious crowd of young students. He is a walking, talking example that your dreams can come true if you persevere, if you work hard, and if you realize that what you might think is impossible is actually possible in today’s world, because of the internet.
Timothy Sykes is totally transparent with how he conducts business and hides nothing from the crowd when he shares his story of mistakes that he made along the way during his journey to success.
Tim is even confident enough that he throws his Porsche and Lamborghini car keys to the crowd.
What a mad dog!
Here are some of Timothy Sykes Penny Stock Trading Rules:
1. Cut losses quickly — always rule #1, always the most difficult to abide by due to ego…when I’m wrong on a stock I HAVE to get out when it doesn’t go my way.
2. Get out of trades when they don’t go my way — one step up from cutting losses quickly, many people are surprised to see me take 5-10-15 cents/share in profits if the stock doesn’t do EXACTLY what I expect it will within minutes, hours or days of my trade, depending on the expectations I lay out in the trade alert, based on patterns like these.
3. Understand the small losses and small gains don’t get me rich, but they protect me from big losses and if I focus on taking good trades, those that do EXACTLY what I expect DO make me rich…so the key is giving myself opportunities to hit home runs, but taking singles, doubles and even strikeouts every now and then to protect my downside risk.
For the rest of Tim’s 64 trading tips make sure you head over to 64 Penny Stock Trading Rules To Honor My $164,000 Profit Week.
Image Credit: David Paul Morris/Bloomberg via Getty Images
Motivation
From Couch Potato to Go-Getter: A Step-by-Step Motivation Plan for Everyone
By understanding what motivates you, you can turn your dreams into reality
Are you tired of feeling like a couch potato? Do you want to transform your life and become a go-getter? You’re not alone! Many people struggle with motivation, but the good news is that change is possible. (more…)
Success Advice
10 Micro Financial Habits for More Wealth and Peace of Mind
The World Economic Forum still reports that half of U.S. adults lack financial literacy
You’ve heard about developing financial habits, but what about micro-financial habits? Micro habits are the tiny things you can do every day with minimal effort that, together, transform your future. (more…)
Success Advice
Success Without Purpose is the Path to a Lifetime of Overwhelm
When we focus on purpose and build businesses that offer more opportunities for others, we stop chasing hollow success.
Success isn’t just about hitting revenue goals or climbing the ranks. The grind of working longer hours, chasing more clients, and pushing for higher profits can lead to burnout and a sense of disconnection from the bigger picture. (more…)
Success Advice
How to Kickstart Your Business Idea as a Grad Student
Grad students often have superb business ideas, but many fail to bring them to life due to the fear of failure
Grad students often have superb business ideas, but many fail to bring them to life due to the fear of failure. The business world requires you to be an entrepreneur, and part of being an entrepreneur is taking risks. (more…)
-
Life4 weeks ago
Rewiring Your Brain for Success: Quick Techniques to Shift Your Mindset Today
-
Life3 weeks ago
3 Steps That’ll Help You Take Back Control of Your Life Immediately
-
Life4 weeks ago
How to Cope With Burnout Without Losing Motivation
-
Success Advice4 weeks ago
How to Kickstart Your Business Idea as a Grad Student
-
Success Advice3 weeks ago
Success Without Purpose is the Path to a Lifetime of Overwhelm
-
Startups3 weeks ago
How to Protect Your Startup From the Most Common Digital Pitfalls
-
Entrepreneurs2 weeks ago
How to Grow Your Business in 2025 with AI, Blockchain, and Key Skills
-
Entrepreneurs2 weeks ago
6 World Class Productivity Hacks for Entrepreneurs