5 Day Trading Success Stories to Inspire Your Journey


It’s unbelievable to me that I’ve minted extra millionaire merchants in 2021 than any yr earlier than … and I believe these day buying and selling success tales deserve a particular highlight.*

You’ve doubtless heard me say that 90% of traders lose money

I repeat it as a result of it’s a truth. And I would like it to MOTIVATE you.

Give it some thought. In any career with a low success charge (like day buying and selling), there are at all times outliers … individuals who rise above to ship astounding outcomes.

At the moment I’ll spotlight a few of my most constant buying and selling college students, who’re arguably a number of the finest day merchants within the sport.*

It wasn’t simple for them and it didn’t occur in a single day, however each one is a verified millionaire dealer.*

Every of those college students took their very own distinctive path to success, however all of them have one factor in widespread…

They STUDIED onerous and put within the WORK needed to search out consistency.*

However earlier than we get into these inspiring day buying and selling success tales, it is best to first know what day buying and selling is (and the way it works).

What Is Day Buying and selling?

Tim Sykes studying and trading
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Day buying and selling is totally different from the passive investing your dad and mom would possibly do.

As an alternative of holding shares for an extended interval, day merchants purchase and promote shares inside hours or minutes. They usually do that with a wide range of shares — generally a number of instances per day.

Day merchants might not even know what the corporate they’re buying and selling does. They don’t care. As an alternative, they search for chart patterns for buying and selling setups.

And most profitable day merchants persistently e book small wins. They don’t attempt to hit dwelling runs each time. As you’ll quickly see, singles add up.

How Does Day Buying and selling Work?

Day buying and selling works so much like buying and selling over an extended interval. These merchants purpose to make constant features from buying and selling shares. There’s quite a lot of variation in methods and guidelines.

And talking of rules, there’s a day buying and selling rule that everybody loves to speak — or gripe — about … the pattern day trader (PDT) rule. It says that your account wants at the least $25,000 in web liquidity earlier than you’ll be able to freely day commerce.

In case you have lower than $25,000 in your account, you’re restricted to 3 round-trip trades each 5 enterprise days. It may make it more durable to day commerce.

Truthfully, I believe the PDT rule is an efficient factor for newbie traders. It forces them to concentrate on their finest setups. It can also stop overtrading.

5 Day Buying and selling Success Tales

Now, let’s have a look at 5 day buying and selling success tales to encourage your journey.

Timothy Sykes

© Millionaire Media, LLC

It will really feel unusual to put in writing a listing of day buying and selling success tales with out together with my very own. I don’t share this to brag. I would like you to see what’s attainable.

I’ve been buying and selling longer than anybody else on this checklist and persistently worthwhile yearly.*

I began my buying and selling journey 20+ years in the past with $12,415 in bar mitzvah cash, and at present my earnings are over $7.1 million.*

It took quite a lot of onerous work, finding out, and DISCIPLINE. Keep in mind these three issues, as a result of all of the merchants on this checklist share them in widespread.

By making use of myself, I developed methods that labored for me. When issues received onerous, I didn’t quit. My methods led me to know that sure penny stock chart patterns repeat.

I assumed if I may keep targeted and commerce my plan, the volatility within the OTC markets may present me with dependable setups … and potential five-star buying and selling alternatives.

In order that’s what I did and proceed to do at present.

However though I nonetheless commerce virtually each day, I’m now extra targeted on teaching others easy methods to commerce with ability and self-discipline. I’m additionally dedicated to donating all my buying and selling earnings to charity. Giving again motivates me.*

Tim Grittani

tim grittani with wine
© Millionaire Media, LLC

I can’t do a put up on day buying and selling success tales with out speaking about my most profitable scholar of all time — Tim Grittani.*

A couple of decade in the past, Grittani was a beginner dealer with simply $1,500 in his account. For his first yr, he wasn’t worthwhile.

Then he joined my Buying and selling Problem and began making use of what he realized to his personal methods. It took a while, however Grittani began successful…

Quick-forward to at present and he’s turned that $1,500 right into a STAGGERING $13.5 million in earnings!*

So what are Tim’s top trading tips, to checklist a couple of?

  • Nice success takes time. 
  • Don’t be afraid to wager large on excellent setups. 
  • And don’t run and conceal out of your losses.

Grittani’s not solely top-of-the-line merchants on the market, he’s a terrific trainer too. My Problem college students know this. They get to review his over 4 dozen unique Problem webinars.

Plus he launched the “Trading Tickers” and “Trading Tickers 2” DVDs. A number of of my high college students realized so much from these.

And, in contrast to the scammers and promoters who photoshop features and pump rubbish shares, Tim’s 100% clear. He posts each commerce — together with losses — here.

Mark Croock

mark croock and tim sykes
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I met Mark Croock over a decade in the past as a brand new scholar in my Buying and selling Problem. He didn’t develop into one in all my day buying and selling success tales in a yr or two like some extra aggressive college students.*

However he grinded his solution to the highest with a stage of grit and consistency I’ve by no means seen.

Like me, Mark comes from a Jewish background and initially began buying and selling along with his bar mitzvah cash. And in addition like me, he first targeted his consideration on shorting penny shares.

Mark has a damaging bias — he prefers to brief shares reasonably than go lengthy. As he places it, “the leg down has at all times come simpler for me than the leg up.”

Mark’s not like most individuals. He’s NEVER happy. I believe that helps make him a superb dealer. He was averaging about $50,000 per 30 days buying and selling penny shares, however he thought he may make extra*…

So what did Mark do? He took my patterns from the “PennyStocking” DVD and utilized them to the advanced world of options buying and selling.

In early 2018, after a few years of onerous work and dedication, Mark lastly handed the millionaire trader milestone!* At the moment, Mark’s a grasp of the choices market and runs his personal coaching program, Evolved Trader.

And to date, 2021 has been a banner yr for Mark…

By sticking to his guidelines and buying and selling his plan, Mark bagged the biggest trade of his career in February.* And much more thrilling, he and his spouse welcomed their third youngster, Shira, into the world in Could.

Mazel tov to Mark on all of the success!

Jack Kellogg

Grinding is a theme for these day buying and selling success tales…

This subsequent dealer noticed a singular alternative in 2020. With lockdowns, meme shares, and stimulus checks all in play, he agrees with me that this was the very best buying and selling market for the reason that dot-com growth.

In different phrases, it was a singular alternative. This dealer knew he wanted to focus.

Early in his journey, he put all the pieces in his life apart — associates, relationships, hobbies — and zeroed in on day buying and selling. So he was prepared for the recent market and at writing, has made practically $8 million in profits.*

Meet Jack Kellogg.

jack kellogg and tim sykes
© Millionaire Media, LLC

Jack’s dwelling proof of the worth of FOCUS. He was a valet, however in 2017 he joined my Buying and selling Problem, decided to search out success.

From day one, I seen that Jack was particularly devoted, continuously in search of methods to review extra successfully and enhance.

Nonetheless, nothing occurs in a single day. It took a number of years of intense examine (and a few humbling losses) earlier than Jack discovered methods that labored for him.

However as soon as Jack hit his stride within the OTC markets, there was no stopping him.

Now that he’s handed the millionaire milestone — a number of instances over* — he says it’s time to shift his focus…

As he puts it, “Now, it’s about my well being. My household. My girlfriend. These issues are really essential to me.”

And talking of Jack’s girlfriend … She’s a killer dealer in her personal proper.

Mariana

tim sykes and mariana $1 million trading milestone
© Millionaire Media, LLC

That is sort of loopy … Simply months in the past in December 2020, Mariana (yep, Jack’s girlfriend) grew to become my first feminine six-figure scholar.*

By February 25, 2021 — beneath two months later — Mariana grew to become my first seven-figure female student!*

So how did she make $900,000 in verified earnings in simply eight weeks?*

Firstly, Mariana is meticulous and disciplined. Like Jack, she continuously research and works onerous to enhance her buying and selling.

Along with her strict finding out habits, Mariana took benefit of the insane market in early 2021 and capitalized BIG on buying and selling the GameStop Corp. (NASDAQ: GME) short squeeze.*

Mariana’s a dwelling reminder that preparation meets alternative. Her outcomes are excellent.

I’m thrilled so as to add a feminine dealer to my quickly rising checklist of seven-figure college students. Strategy to break the glass ceiling, Mariana!

The Greatest Books on Day Buying and selling

If these tales don’t encourage you to place your head down and begin STUDYING, I don’t know what is going to.

And on the subject of finding out … my college students at all times ask for suggestions on the very best day buying and selling books.

Whereas I recommend getting your ft moist by paper trading (extra on that later) versus simply studying, I can suggest a couple of day buying and selling books. In spite of everything, I wrote one in all them…

“An American Hedge Fund: How I Made $2 Million as a Inventory Operator & Created a Hedge Fund”

In 2007, I self-published my first e book “An American Hedge Fund.”

I like to recommend it to my college students as a result of it incorporates my whole story — from beginner day dealer to skilled pennystocker to rich hedge fund supervisor — this e book has it ALL.

I’ve since closed my hedge fund. However I realized SO many classes alongside the way in which. And I wish to share them with you. So learn all about it. I consider it could assist lay the inspiration of a buying and selling profession.

The perfect half? I’ve made the whole e book obtainable for no value — get your copy here.

“The Full Penny Inventory Course: Be taught How To Generate Earnings Constantly By Buying and selling Penny Shares”

In 2018, my scholar Jamil (who designed my favourite buying and selling platform, StocksToTrade**) wrote a e book primarily based on my classes known as “The Complete Penny Stock Course.” I wrote the foreword.

It began when Jamil despatched me an electronic mail in 2016. He wrote: “Tim, I like your teachings however we have to manage it.”

Jamil is orderly, and he was justifiably pissed off with how disorganized my lesson plans have been.

I agreed, and Jamil got down to manage all my buying and selling classes right into a cohesive curriculum, which grew to become “The Full Penny Inventory Course.”

I HIGHLY suggest studying this and maintaining your copy close to your buying and selling station. My college students know I’m a little bit of a perfectionist in relation to revealing my methods … It took two years of onerous work from Jamil and me to create this.

“Unknown Market Wizards: The perfect merchants you’ve by no means heard of”

Final, I’ll give an honorable point out to a different nice buying and selling e book — “Unknown Market Wizards” by Jack D. Schwager. (As an Amazon Affiliate, we earn from qualifying purchases.)

Schwager has a whole “Market Wizards” collection the place he interviews outliers who discover nice buying and selling success (identical to my college students talked about earlier).

They’re all good, however this installment of the collection is particular as a result of it focuses on little-known day merchants who haven’t gotten the popularity they deserve.

That’s what I attempt to do with my educating and my college students. This e book has a wealth of precious classes that any aspiring day dealer can study from.

And in 2019, the SteadyTrade podcast (hosted by my buddy Tim Bohen plus Stephen Johnson and Kim Ann Curtin) interviewed Schwager. Test it out!

Find out how to Begin Day Buying and selling

Finding out is essential, however in some unspecified time in the future, it’s important to dive in and commerce.

The bottom line is to start out buying and selling the proper means.

I like to recommend my college students begin with paper buying and selling (buying and selling with pretend {dollars}) earlier than risking actual cash. It’s how one can get a really feel for the markets and apply totally different methods with out risking a cent.

This may be precious for newbies. I’ve seen folks begin buying and selling their hard-earned money on their first trades … solely to lose all of it.

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A brutal loss early in your profession may demoralize you to the purpose of quitting buying and selling perpetually.

As an alternative, strive paper buying and selling till you see some consistency. No, there’s no assure that your paper outcomes will translate to the dwell markets, however you’ll be forward of those that don’t put together in any respect.

Incessantly Requested Questions About Day Buying and selling Success Tales

How A lot Does the Common Dealer Make Per Yr?

The common dealer doesn’t make any cash buying and selling … most merchants LOSE. Solely distinctive merchants who work tirelessly and examine onerous earn money. There aren’t any ensures and no set sum of money a dealer could make.

Are There Any Profitable Day Merchants?

In fact, there are profitable day merchants. You’re studying an article written by one. Plus, let’s not overlook different unbelievable day buying and selling success tales proper right here on this put up. My objective is to showcase the outliers who work onerous to rise above the lots of mediocre merchants.

What Proportion of Day Merchants Are Profitable?

Once more, 90% of merchants LOSE MONEY, so statistically, about 10% of merchants are profitable. So if solely 10% of merchants earn money, is that 10% making an absolute killing? That’s robust to say. However from at present’s day buying and selling success tales, you’ll be able to see why I believe day buying and selling is a worthwhile problem. No, it’s not simple. However it isn’t unattainable both.

Conclusion: Are You Able to Grow to be a Day Buying and selling Success Story?

So, after studying these inspiring day buying and selling millionaire tales … do you assume you could have what it takes?*

Are you keen to work onerous, examine, and GRIND as onerous because the merchants I featured?

In case your reply’s YES, I believe there’s no higher place to start out than my Trading Challenge. In spite of everything, 4 of at present’s day buying and selling success tales began within the Problem. And these college students aren’t alone. I now have 13 verified millionaire college students!* I’m so happy with their onerous work.

You may study from them in my Buying and selling Problem. Discover your methods and go-to patterns, then strive paper buying and selling or begin small. NEVER threat greater than you’re keen to lose.

It received’t be simple and it received’t occur in a single day. However in the event you apply your self … day buying and selling can result in extraordinary issues.

What do you assume? Did you discover these day buying and selling success tales inspiring? Let me know within the feedback — I LOVE listening to from my readers.

Disclaimer

*Whereas Tim Sykes has loved outstanding success buying and selling shares over time, his major earnings derives from the sale of monetary schooling merchandise and subscription companies supplied by varied companies and web sites wherein he has an possession stake.

This stage of profitable buying and selling will not be typical and doesn’t replicate the expertise of nearly all of people utilizing the companies and merchandise supplied on this web site.  From January 1, 2020, to December 31, 2020, typical customers of the services and products supplied by this web site reported incomes, on common, an estimated $49.91 in revenue.I’ve additionally employed Tim Grittani, Mark Croock, and Jack Kellogg to assist in my schooling enterprise. 

**Tim Sykes has a minority possession stake in StockstoTrade.com.





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