How Michael Hudson Became A Successful Penny Stock Trader | The Tim Sykes Show

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My latest success story from my http://tim.ly/sykesmc challenge program, Michael H., shares his journey to becoming a successful penny stock trader over 3 years. Subscribe here to get INSTANT alerts when I post a new video outlining my penny stock trading techniques: https://goo.gl/poGZTm

1:00 I’m Michael Hudson and I’m 23-years old from San Francisco. I’ve been trading penny stocks going on three years and it’s been a crazy learning process.

2:00 I got started when a friend invited me to the Robinhood app, I invested $20 over 6 different penny stocks.

4:00 I’ve always been taught to find mentors, find someone who can teach you, that’s how I ended up on Tim’s Penny Stock Millionaire Challenge website. I applied and got accepted into the challenge and the rest is history.

6:00 The text books in school that I’m learning from aren’t teaching the applicable lessons that Tim teaches about the stock market and penny stocks.

8:00 In school they’ll teach you about investing long term but you don’t hear about short-term small gains like you can earn investing in penny stocks.

10:00 Before I started trading with real money I spent six months studying the stock market and sending my Dad pictures of penny stocks that were up 300%.

13:00 My Dad gave me $25K to start trading with and over the next two years I was in the learning curve of the penny stock market.

15:00 It is possible to be successful trading penny stocks the very first day, but the smart strategy is to study, learn the patterns and grow over the long term.

17:00 The technology is available these days to become a successful penny stock trader at a very young age.

20:00 After two years of studying penny stocks and learning I finally had built the confidence that I knew what I was doing.

22:00 I started to see that the stock market patterns repeat and I would watch Tim’s webinars over and over. Learning penny stock patterns and becoming confident in my knowledge of the stock market.

24:00 I’m not good at long trades, so I decided to just stick to shorts and that strategy has worked so well for me.

27:00 I have started to track and trade long penny stocks. If I am going to long a stock it has to be picture perfect.

32:00 You have to have a plan when you go into trading penny stocks but it’s important to stick with your plan and not let outside sources influence you.

35:00 My goals have never been about a dollar amount, it’s always been about being successful. I want to move to London.

37:00 I’m ready to expand my horizon, I can trade anywhere in the world and keep learning the stock market. Penny stock trading is a means for me attain my goals.

Comments

heartdoc855 says:

thats jimmy kimmel

Blake Sab says:

If y’all wish you had 25k so bad you would be studying your ass off to get there. Tim has showed us year after year how to build up a small account within a short amount of time.

TheJESUSCHRISTRULES says:

Staying with the Basics works. Every time I listen to and view or just listen to a video if I am not able to view, I grow in understanding. There is always profit in learning because in all labor their is profit.

TheJESUSCHRISTRULES says:

I learned what I know about Penny Stocks from Timothy Sykes and those associated with Tim. It makes so much sense the way that Tim leads by example.

TheJESUSCHRISTRULES says:

At this time, Bank of America is my helper/financier. Tim’s wisdom has helped me with his wisdom by laying the foundation to be wise in making purchases to build my credit because I have learned to become wiser in my business dealings.

TheJESUSCHRISTRULES says:

Isn’t it wonderful how the father was brought into the picture over time?

TheJESUSCHRISTRULES says:

Inspirational

Gaylin Brown says:

Interviewer please let the man talk…stop interrupting him

Moflyboy Blanquito says:

Lol I love this stuff.

Hasan Z says:

How many dads out there give their kid 25k to start off trading as a rookie? <1% maybe? This can't be motivation for the majority lol.

Bud Pierce says:

Do you have a list of MJ stocks?

Damian Masztalerz says:

I wish i had someone to give me 25k – HA

BLuPRiNT BATMAN says:

my dudes dad gave him 25k lol his dad is balling out

Bob says:

Loved the interview.

Rory Beavins says:

Tim Bohen's the man! So is this new guy. Love his mindset

Cool Jack says:

😎💪🏼

Cicero Araujo says:

Great interviewer

Anzelle Whitsett says:

Great video! Great to hear the story of another up and coming trader and his journey! Trust the process, follow your plan.

Shawn Corey Wright says:

Thanks Tim, for the awesome video

Ken M says:

Have you noticed none of his millionaire students have ever been women? There most likely never will be. Men are far more superior (and smarter)

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