Connect with us

Success Advice

(Video) Timothy Sykes Harvard University Speech About Becoming A Multi-Millionaire

Joel Brown (Founder of Addicted2Success.com)

Published

on

Timothy Sykes Lamborghini

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!

Millionaire Penny Stock Trader “Timothy Sykes” Harvard University Speech

 

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

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances.I'm proud to say through my podcast and through this website we have impacted over 200 million lives in the last 10 years.

Success Advice

5 Ways Great Leaders Give Rise to Great Ideas

Avatar

Published

on

Image Credit: Shutterstock

It is often hindering when you hear a variant of ‘that is not how it’s done here’ in your workplace. This usually happens when employees voice their concerns or new ideas for a project, and it is confusing when a project leader dismisses or overlooks such interesting input. Even indirect dismissal in the form of ‘OK, is there anything else?’ may inadvertently build a workplace atmosphere that is not conducive to genuinely effective brainstorming. Why may this happen? And how do great leaders give rise to great ideas? Read on to find out. (more…)

Continue Reading

Success Advice

Hire Slow, Fail Fast, and Learn Faster

Avatar

Published

on

Image Credit: Unsplash

“It is impossible to live without failing at something, unless you live so cautiously that you might as well not have lived at all, in which case you have failed by default.” These words were once spoken by J. K. Rowling, famous British writer, and I believe they should be applied to a person’s success. (more…)

Continue Reading

Success Advice

Empathy is a Skill: Transformative Practices Behind Connecting With Others

Avatar

Published

on

Image Credit: Unsplash

Empathy is a key ingredient in developing fulfilling relationships in your life. According to one study, relationship satisfaction was predicted by the perceived empathy of the other person. That means if your partner believes that you empathize with them, your partner is more likely to be satisfied with your relationship. Fortunately, empathy is a skill that can be developed and used in every area of your life. Here are some key practices that you can use to strengthen your ability to empathize with others. (more…)

Continue Reading

Success Advice

6 Signs You’re Set Up to Experience Exponential Success Right Now

Avatar

Published

on

Image Credit: Unsplash

Despite the clever memes on social media, not every success-minded person is set up to experience the benefits that come from implementing personal development consistently. And one thing you should understand, it doesn’t have to be that way.  (more…)

Continue Reading

Trending