Everyone loves making money. Besides the happy feeling of having money at your disposal, money is necessary to meet both basic needs and other expenses. With money, you can travel to any favourite tourist destination, purchase a new apartment, buy a new car, have a nice getaway weekend with your loved ones, pay some necessary bills, plan for the future, and achieve a whole lot more. However nice these things sound, you need to have money to make them happen. How do you get money? It isn't always easy making money as there are several challenges involved. Also, with the world's economy at the brink of a collapse, having one source of income is not just enough anymore - not even for the wealthy. It is important to have multiple streams of income. Nevertheless, the question is this, what stream of income do I need to add to my existing one? Trading is one stream of income that is worth considering. Trading has been in existence for a long time. However, in recent times, it has been made more accessible to more individuals.
However becoming an expert trader doesn't happen overnight. It is not something you pick on any random website. There are factors you need to understand and take into account. For this reason, it is necessary that an individual goes through a mentorship program. Having a mentor isn't as difficult as it seems as there are traders that are available at your fingertips if you make your findings. Some of these traders are active, while others are retired. With them, you have access to invaluable trading insights. Quite a number of them have different training programs - an example being the Timothy Sykes Millionaire Challenge. These programs are worth exploring. Nevertheless, how do you get started?
The first factor to consider when signing up for these mentorship programs is the man behind them. Generally the individuals that run these programs are experienced and successful traders that are willing to pass on their knowledge and experience to other traders - newbies and existing traders as well. Nonetheless, it is a known fact that some of these traders surpass others in strategy, knowledge and expertise. Some are incapable of passing on knowledge based on their low level of competence. Meanwhile, some charge outrageous amounts without offering traders value for their money. This is why you need to conduct an extensive research before selecting an ideal mentor that is tailored to suit your learning style. You can come up with a general list of competent traders, after which you can streamline it to a more stringent list. After all, you need nothing but the best.
It is also important to consider the teaching and recruiting tactics when selecting a mentor. There are various mentors with different tactics. Note that not all traders would have teaching tactics that will compliment your learning style. Some traders love to keep their tutorials simple and modest. They believe more in playing it safe. Their slogan would most likely be, "slow and steady wins the race." However, there are other traders that love the wild west. They make you believe that anything is achievable if you are committed to making it happen. An example of these type of mentors is Timothy Sykes, also known as Tim Sykes. Tim is known to be a trader that makes bold statements. He can be mostly seen in flashy cars, ostentatious houses, private jets, luxury vacations, just to mention a few. Wherever he is being seen, nothing speaks more than money, money, and more money. Regardless of that, he does that to let his students know that they can have the good life if they choose to. An attestation to this type of inspirational lifestyle is the one million plus followers he has on Instagram.
It will interest you to know that Tim started his trading career as a student of Philosophy at Tulane University. There, he turned $12,000 in Bar Mitzvah money into over one million dollar in trading profits - making it one of the best investments in the stock trading world. Tim went on from there to establish a trading and educational hub. He was featured on CNN, CNBC, Forbes, and many more. In addition to that, he was also hosted on Steve Harvey's and Larry King shows. Throughout his 20 year plus trading career, he has made $5 million in trading profits. Interestingly Tim Sykes did not just attain success, he was also able to replicate it in the lives of his students via his mentorship program. Several students of his have been able to cross the one million dollars threshold - some even beating him to his own record.
What makes Tim's training program interesting? Timothy Sykes have committed his years of trading and the insights gathered into his training resources. His program is segmented into three: the Tim's Alert, PennyStocking Silver, and Millionaire Challenge. Each of these programs has its purpose and is tailored to meet specific traders' needs. With the Tim's Alert, you have access to Tim's daily watchlist, chatroom, trade alerts, real-time messages, emails, and commentary. Also, the program can be accessed via Android, iOS, and web. The PennyStocking Silver provides features like Tim's Alert, over 6000 video lesson library, and weekly video lessons. What makes this program unique is that newbies can get a grip on what trading is all about on this platform. Each video has a duration of 5 minutes. With over 410 hours of video content, you can be guaranteed to learn a lot about various trading aspects. Finally, the Millionaire Challenge is one of the best training platforms to be a part of, as you don't just have access to all the features in PennyStocking Silver, you also get to watch live webinars where Tim Sykes and his top students share trading insights and get to trade in real-time. However, this program is not just anyone as there are prerequisites that must be met during the application and interview process, before you can be a part of it.
Being a part of Tim Sykes training programs would not only expose you to stock trading; it would also build your personality as a disciplined trader, thereby drawing you closer to your trading goals. If you wish to know more about the various programs available on his platform, please visit this link:
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