Answering 20 Penny {TRADING} FAQs

{Because of} {all of the} press my millionaire trading challenge students have gotten recently HERE and HERE**, my interviews with media legend Larry King HERE, my talk at Harvard University going viral HERE and my busting several liars HERE and HERE, {I’ve} {a huge amount of} new students who all {appear to} have {exactly the same} {forms of} questions.

Download {a brief} PDF version of my 20 penny {trading} FAQ.

FYI {virtually all} basic questions {could be} answered by this 7 free video lesson series, my best-selling {STEPS TO MAKE} Millions DVD ({which includes} now raised $1.2 million ALL for charity!) the 60-day intro video course my Silver newsletter subscriber receive, {not forgetting} 500+ FREE videos HERE, but I’ll answer the 25 {most regularly} asked questions below {therefore i} can {make reference to} this post {over and over} and {over and over}:

1. {I needed} {to find yourself in} your birthday webinar {the other day}, but had technical issues, what do {I really do}?

I’m SO sorry about {all of the} technical issues {we’d} with it, it wasn’t {likely to} be replayed {as well as} archived and apparently my students took down the webinar software’s servers {for pretty much} 30 minutes…HERE {may be the} replay of the webinar, sorry again, my team and {I’ll} do better {later on}

2. {I needed} to order Tim’s Live Trading Day, {however the} link disappeared before {I possibly could} order it, what do {I really do}?

Sorry again, so many technical issues I’m thoroughly embarrassed…we only have {several} spots left, {nevertheless, you} can order it HERE, it’s {approaching} in just {a couple weeks} and I’m VERY {worked up about} it, it’s {a completely} brand new {method of} teaching, {I believe} it’ll {work very well}!

3. Why {can you} teach if you’re {so excellent} at the {currency markets}?

Read my bestselling book {free of charge} HERE and read {this website} post where I answered this question {years back}.

I’m VERY {definately not} being {the very best} trader, but {I’ve} made millions despite my faults and my nearly {twenty years} of experience help guide people {on which} {to spotlight} in trading…and considering I’m self-taught, my goal {is usually to be} the mentor {for you} thatI {never really had}, that’s what {I believe} about on {every single} trade/video lessons/webinar.

I NEVER catch {the precise} bottom or top of a stock, {I simply} {make an effort to} take the meat of the move and you’ll see {as time passes} {that lots of} of my students do {much better than} me {using one} {or even more} trades…and {I REALLY LIKE} {SINCE}!

4. {MAY I} just follow your trade alerts {and obtain} rich?

NO! NONE of my millionaire trading challenge students nor I nor anyone I’ve ever met has gotten rich by following ANYONE’S alerts, {the main element} to success is {understanding how to} develop {your personal} plan in the {currency markets}, whether yo prefer going long or short, holding {for some|for a couple} minutes, hours or days…we’re {various different} so {most of us} trade differently and must consider {our very own} strengths and weaknesses in trading.

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Unlike {too many} chatrooms/newsletters that just mention a ticker and {the purchase price} ({a few of} whom get compensated on every trade their subscribers make {because of their} relationship with brokers/hedge funds), I SPECIFICALLY {create} several sentences whenever I post a trade alert {in order that} my students understand my reasoning/plan/mentality for entering or exiting {a posture}, NOT so {it is possible to} copy my exact trade {when i} don’t create mindless sheep as {way too many} people believe.

It serves no purpose {for me personally} to win on a trade when {most of} my students losel remember, {the majority of} my income {originates from} teaching because I trade with {this type of} small account {to become} {the very best} teacher possible (which I’m not ashamed of, I’m actually very proud…and I had made millions trading BEFORE I ever got started teaching {therefore i} have nothing to prove)!

{Consider it}, if my students continually lose, {rather than} continually learning {and finally} earning, they cancel {plus they} cut their education with me short…that’s wasteful.

Remember, I also am trading mainly with just this $12,000 account in 2016, {which includes} now grown to $27,000 in {the initial} 4 months of {the entire year} not because that’s {all of the} money {I’ve}, but because it’s good to trade with {smaller amounts} {much like} what my students have so students can {understand how} I manage risk and position sizes/deal with the PDT rule & commissions, etc….my E*trade account began 2016 with just $2,000 {is currently} up $4,200, nothing huge in $ terms, but very solid {for} {a couple weeks} work in % terms and that’s {the wonder} of having {a little} account.

See this trade {that i} made 35% on overnight {another} day…a PERFECT trade for small accounts that ANYONE {can perform} {in the event that you} study hard {and so are} prepared {because of this} {sort of} setup:

5. How {are you currently} always {directly on} stocks when it’s {so hard} {for everybody} else?

{On the other hand}, I’m not right {at all times|constantly|on a regular basis|continuously}, I lose roughly 25-30% {of that time period}, and even {a lot of} my small gains are misses {where in fact the} stock didn’t do what I expected {therefore i} exit quickly and play safe. Small losses and small gains don’t matter {if you ask me}, they don’t move the needle on my overall account growth AT ALL; {the main element} to my overall success is cutting losses quickly and exiting trades that don’t work while sometimes winning big like my 35% gain on GRNH {last week}.

90-95% of traders lose {since they} don’t manage their losses and small mistakes {become} big disasters…I {screw up} sometimes with my discipline, but I’ve gotten {far better} {recent} years so my losses are minuscule {nowadays} and trading {is becoming} very stress-free {because of} my following these key {currency markets} rules.

6. {Are you currently} real {and so are} your students real?

Yes, my top millionaire trading challenge students and I are 100% real, we show our full names and ALL our trades publicly HERE and HERE and HERE**…I wouldn’t trust ANY “teacher” or newsletter who doesn’t show {ALMOST ALL THEIR} TRADES TRANSPARENTLY…I’ve heard excuses galore fro {those that} don’t, {nevertheless, you} can cut through the BS in this industry {filled with} snake oil salesmen with 2 simple questions: show {your complete} multi-year {background} publicly and show me your millionaire students to prove {your} teachings are successful.

7. I don’t trust Profitly, {are you experiencing} {any} sources {where one can} prove your {background}?

Yup, see my tax records, audits and brokerage statements HERE…if you have ANY doubt about me or my {currency markets} success, or my students’ success documented HERE, simply don’t bother becoming my student…I truly won’t be offended and because I’m so real, I’m overwhelmed by demand from actual dedicated students (hence why I’ve raised prices on my newsletters {many times} {recent} years, {attempting to} weed out {those that} aren’t {seriously interested in} their education)…the main {good thing about|advantage of} being real {within an} industry {filled with} fakes is that I {REACH} CHOOSE MY STUDENTS…that’s what my millionaire trading challenge program {is about|is focused on}.

8. What’s the difference {in the middle of your} newsletters and the millionaire trading challenge?

Compare my newsletter features HERE, I {likewise have} a longterm newsletter HERE that had {a large} win lately:

You can’t just signup {for me personally} millionaire trading challenge though because that’s for my VIP students who get 2-4 LIVE webinars/week from my top students and I (this week {for instance}, {we’d} 4 great webinars from myself, Tim Grittani, Michael Goode & Mark Croock)…and {because it} includes so many live webinars with live Q&A and a chatroom, {you need to} {be eligible for} this as {way too many} people have {the incorrect} attitude {or simply} want hot stock picks, I don’t have {time and energy to} waste on {those individuals} {and that means you|which means you} must PROVE {you to ultimately} gain entry {to the}.

Here’s an {types of} a weekly webinar for my trading challenge students:

9. {Do you} teach {personally}?

Yes, see HERE and I {likewise have} {an extremely} cool new educational offering HERE where it’s {definitely not} {personally} but you’ll {have the ability to} see me and my screen {the whole day}, coming in {just a couple of|just a couple|a few|only a few} weeks, I’m {worked up about} it!

10. When {can be your} birthday sale ending?

{In just a few days}, May 1st, no extensions so {make the most of|benefit from} it HERE and HERE and save big {on your own} education!

11. {How can you} {earn money} when stocks {decrease}?

It’s called “short selling“, {I’ve} {a complete} DVD on short selling HERE, but long story short, you {have a} negative position in a stock and {earn money} if {so when} the stock {falls}, you {lose cash} if {so when} the stock goes up…see {This website} post and these 3 live trading videos {to raised} understand:

12. {How can you} find shares to short?

{You’ll want} {the proper} broker {and also} then you’re not guaranteed {to get} shares to short. Watch these 2 videos, one explaining my 2 brokers in 2016 (E*Trade and Interactive Brokers, {all the} brokers are irrelevant {for me personally} {this season}) , and {the next} video {is named} “No Borrow, No Cry”, {about} how I’ve {wished to} short so many pump and dumps {which have} crashed, but couldn’t {discover the} borrows {in it}:

13. {How can you} {find a very good} stocks to trade?

See my StocksToTrade software (Watch 8 free video lesson {on how best to} {utilize the} software HERE), also watch my {STEPS TO MAKE} Millions DVD to see my research process ind detail {and this also} video:

14. {Must you} be glued to {your personal computer} {the whole day}?

{Never}, some days there’s no great trades and {I’ve} MANY part-time students who study {during the night} and/or just {make an effort to} {easily fit into} trades {every time they} can around their schedule…there’s {nobody|no-one} right {solution to} {do that}, make the {currency markets} and trading {do the job}!

Here’s {among} my trading challenge students who trades part-time and makes roughly $50,000/year**

15. What’s the minimum amount {I could} {focus on} and what’s the minimum age {I have to} be?

{You will need} $2,000 {to be able to} short sell, but my {most well-known} student HERE** started with just $1,500 and had to borrow $ from his parents to {start} several brokerage accounst…I’m {not just a} fan of borrowing money to trade, and {since that time}, E*Trade {has turned into a} solid broker with {at the least} just $500 {I really believe} to open {a merchant account}, although {you nevertheless still need} $2,000 to short sell.

Also, {almost all} my students are {older than} 18, but if you’re under that age {and so are} truly determined, get parental permission and my team {will continue to work} with you…I started with a custodial account {in my own} parents name, it’s not fun or easy, {nonetheless it} {can be done}.

16. {Can you} guarantee profits {easily} study hard?

NO! Profits {should never be} guaranteed, {regardless of} how hard you study or how badly {you need} success…that said, the harder you study and prepare, {the bigger} your {probability of} success and I guarantee that {I’ll} teach you {each and every} thing {I understand} about the {currency markets} and trading, I hold NOTHING back!

And I guarantee you won’t do {aswell} {if you don’t} study hard.

17. If you’re real and good, why {are you experiencing} so many critics and haters?

I don’t have {that lots of}, {just a couple of|just a couple|a few|only a few} who make multiple profiles {to attempt to} discredit me. {WHEN I} exposed in this free video lesson, because I cut through the BS and lies of SO MANY penny stock promoters, they spread lies about me so fewer people will study my guides {and therefore} remain confused and {at night}.

{Understand this} screenshot I took of {a cent} stock promoter {who was simply} mad I exposed the blatant pump XLIT HERE:

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Welcome to my world, {for this reason|that is why} I take so much pride in teaching, good HONEST information…but my methods {also have} pissed off {a number of|several} people I outline in {your blog} post “Breaking My Haters {INTO} 7 Groups (Yup, Seriously)”

Again, because {I understand} I’m real and what I teach is real, natter what excuse anyone makes about not learning, {They’re} in the wrong…and funny enough, {a lot of people} who say they’ll learn {independently} {rather than} from me {keep coming back} {a couple of months} later having lost 50-99% {of these} money {carrying it out} their way.

18. You say {you would like to|you need to|you wish to} teach, why are your DVDs and newsletters so expensive?

They’re {cheap} at all, {actually} given their value {I possibly could} and probably should charge 3-4x {just as much} I currently do, but {I really do} love teaching and {I want to} get my information/experience {on the market}. {Having said that}, broke people {and the ones} who don’t properly value my time or their education always {make an effort to} get everything on the cheap and that’s {the incorrect} outlook {to possess}.

{I understand} {there are numerous|there are several|there are various|there are plenty of} FREE penny stock newsletters {on the market}, but their loyalty {isn’t} {with their} subscribers ( {given that they} don’t pay them anything), their loyalty {would be to} the penny stock companies that pay these newsletters for exposure…you’ll {uncover the} true cost of a “free” or “cheap” newsletter is {a lot more} expensive than anything I offer {over time} {as the} cost of misinformation or faulty information {is indeed} much {higher than} useful information it’s scary.

{You imagine} you’re being frugal by {spending money on} cheap or getting free newsletters, you don’t realize the thousands {as well as} tens or {thousands} of dollars that BS information {can cost you} over time…and {in the event that you} don’t {trust me}, {go on and} see {on your own}!

{Some individuals} think it’s ego why I act {in this manner}, nope, it’s just experience and {getting the} confidence {to be} real {therefore i} don’t {need to} subject myself to {individuals who} don’t have {the proper} attitude as a student…I’ve got ZERO {time and energy to} waste and ZERO tolerance for BS {nowadays}, {go on it} or leave it.

19. I’ve studied {quite a bit}, but am scared to risk actual money, when {is a great|is an excellent} {time and energy to} begin actual trading?

This totally {depends upon} YOU! Remember, make the {currency markets} and trading {do the job}, not {for anybody} else, and we’re {various different} {therefore the} key {is usually to be} comfortable when risking {your dollars}. {For a lot of} that’s {one day} of studying, some prefer 1-week or 1-month, {I understand} several students who study for {six months} first…there’s {nobody|no-one} right answer.

{I love to} {think about} my trading challenge as medical school {and you also} don’t see first year med students performing brain surgeries {within their} first year…no, {they need to} study everything and pass tests {and obtain} {more comfortable with} their knowledge base before risking another person’s life…so picture your trading account as a person’s life {and you also} don’t {desire to} kill it.

Cutting losses quickly helps, but {way too many} newbies freeze {just like a|such as a} deer in headlights {if they} have any losses {since they} haven’t mentally prepared enough for that situation. I’m {a large} fan of over-preparation {as well as} trading small with just 100 shares {at the same time} to start {to obtain a} feel for these weird stocks and patterns.

20. How {immediately after} I study {am i going to} begin profiting?

It totally {depends upon} {what type of|what sort of} market {there’s}; my strategy {could make} {profit} bull AND bear markets, but there’s tons more opportunities in bull markets like what we’ve been seeing for {recent} years. I pray nightly for a bear market {therefore i} can take {a while|time} off, {however the} {currency markets} doesn’t {pay attention to} my prayers and we {continue steadily to} have 2-3-4-5 solid plays {each day}, that’s {the method that you|the way you} grow.

{Having said that}, {additionally you} need knowledge and preparation to profit consistently, even my top student HERE** lost rather consistently for {the initial} {couple of months} before finding his groove, and going {to} become arguably the single best trader {in the wonderful world of} {days gone by} 5 years {with this particular} impressive track record**, so NEVER {be prepared to} profit {immediately}, the key {initially} is studying and {attempting to} grow your knowledge base/comfort level {instead of} your trading account from the {start}.

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