Ep. 5: Never Ask for Advice

Ep. 5: Never Ask for Advice

A companion podcast to the Tim Sykes Challenge. For more information, go to: https://challenge.sale In this episode: * Never start hero worshipping a trader * Stand on your own two damn feet, learn to follow your own trade plans based on your own experience * Learn a pattern, master it, burn it into your heart, get it tattooed on your arm and just absolutely laser focus on it - could be dip and rip, morning panic, first green day, but for goodness sakes just pick one * Stop following lots of people on social media, stop all social media in fact, just stop following trader people * Buy every book you can find on rational thinking * Watch every video you can find about Charlie Munger talking about investing and rational thinking

Ep. 4: A Powerful Daily Routine for Traders

A companion podcast for the Tim Sykes Challenge. For more information, go to: https://challenge.sale In today's episode: * Do ordinary things for an extraordinary amount of time * The routine can be as simple as, every time I sit in front of the computer to trade, this is what I do - I open the scanning tool, I look at the top movers, I draw my levels, etc * The more complicated the routine, the less likely that you will follow it * You gotta log your trades, not journaling, logging

Ep. 3: An Easier Way to Trade

A companion podcast to the Tim Sykes Challenge. For more information, go here: https://challenge.sale In this episode, we'll talk about: * Get a proven, set system and routine in place * Get your shit together * Get all the toxins out of your life * Make sure you are at your best * Absolutely 100% have a checklist and a plan for your trading (example)

Ep. 2: 20 Rules for Trading

A companion podcast to the Tim Sykes Challenge. For more information, go to: https://challenge.sale In this episode, we'll cover: * How to cut those losses * Before you can learn to win, you have to learn how to not lose * Trade at times of the day that most people don’t think about * You have to learn how to lose gracefully and quickly * Survival is the name of the game * You absolutely have to want it bad enough to close those losses * Why traders do not close losing trades - because they do not realize how fast they get it back * The psychological cost of holding losing trades

Ep. 1: How to Set BIG Trading Goals

A companion podcast to the Tim Sykes Millionaire Challenge. For more information, go here: https://challenge.sale