Happy Friday, Evolvers!
Today, I’ll answer a question I get all the time but have never actually covered in a Q&A!
But first, let’s talk about what’s going on in the stock market as we close the week out…
Yesterday, I warned you about the bearish signals that the Invesco DB U.S. Dollar Index Bullish Fund (NYSEARCA: UUP) and the SPDR Gold Trust (NYSEARCA: GLD) charts were sending…
And sure enough, the SPDR S&P 500 ETF Trust (NYSEARCA: SPY) tanked 1.38% yesterday as the Producer Price Index (PPI) came in hotter than expected.
I’m not telling you this to brag about my correct prediction, but rather to stress the importance of technical analysis.
I was able to read the tea leaves by simply looking at those charts. But I wouldn’t have been able to do that had I not learned everything I know about analyzing charts from my mentor, Tim Sykes.
And TODAY, you have a special opportunity to watch Sykes trade LIVE…
All day, Sykes is hosting Master Algo LIVE, where he’ll reveal what he calls “the most disruptive trading technology he’s ever seen.”
But there are only a few spots left … Click here to reserve your seat BEFORE it’s too late!
Now that you’re signed up, let’s get to our Friday Q&A. Keep reading and I’ll answer your questions…
“Why did you name your teaching service Evolved Trader?”
I named my teaching service after my own trading journey…
Since my early days as a fresh-faced Tim Sykes student, I’ve evolved in many ways.
I used to only trade penny stocks, but these days I have a completely different trading strategy that’s transformed my performance for the better…
And seeing noticeable improvements in my trading is incredibly rewarding to me.
I live for this progress.
Even when a play doesn’t go perfectly — if the execution marks an improvement over my last trade — I view that as a win.
The Keystone Trading Strategy Behind Sykes’ $7.4 Million Fortune
Back in high school, Tim Sykes stumbled upon one simple strategy that helped him make $100,000 in the stock market before leaving for college…
Then, he used the same strategy to make $700,000 as a freshman in college…
And before graduating college, he had made over $1,600,000.
(Yes, while trading the same pattern)
If he could find and trade this predictable pattern over and over again, with ZERO financial experience…
So can you.
I focus on options trading these days, specifically short-biased put trading. But that’s not for everyone…
Every trader must find themselves and forge their own path. And ironically, that’s exactly how I discovered my niche…
I loved Sykes’ strategies and market outlook, but I wanted to trade large-cap companies and penny stocks.
It wasn’t until I discovered the options market that I realized I could make life-changing profits without relying entirely on penny stock trading.
But the point is … I had to figure this out on my own. I evolved my strategy by entering the options market and applying Sykes’ patterns to it.
Now, I have the pleasure of teaching you everything I’ve learned throughout my 10+ years in the stock market.
That’s why I named my service Evolved Trader … I’ve grown a lot over the years and now I want you to evolve your trading along with me.
“I’ll be traveling with no internet next week and I don’t want to fall behind on my studying. How can I study trading offline?”
This is a problem every trader struggles with at one point or another. I get it…
Just a few weeks ago, I was on a trip with very poor wi-fi, making it nearly impossible to host webinars or execute trades.
But when you’re offline, don’t forget about the oldest form of studying on the planet — reading! (You’re doing it right now!)
Reading is one of the best ways you can study the art of trading outside of active market hours.
Tim Bohen’s Discovered an All-New Way to Profit From Elon Musk…
And it could open the door for profits in one little-known stock…
There are thousands of books about finance, the stock market, and trading. But like anything, they aren’t all created equal…
And while I’m admittedly biased, I’d be remiss if I didn’t point you toward my very own ebook — The Ultimate Options Trading Blueprint for Small Accounts!
If you haven’t studied my ebook yet … it should be first on your reading list!
Additionally, the great Tim Sykes has written some fantastic books about his trading journey…
(Spoiler alert: I wouldn’t have been able to draw my blueprint, write my ebook, or become a multi-millionaire if I hadn’t first learned so many crucial lessons from Sykes!)
And one of the first things I did was read Sykes’ book An American Hedge Fund, which I can’t recommend highly enough!
After that, I went ahead and read his next book, The Complete Penny Stock Course, which completely changed my life!
So, if you’re gonna be traveling without internet access, it’s the perfect time to crack open these books. Pad your vacation with trading education!
Final Thoughts
Have a great weekend, Evolvers!
And don’t forget to tune into Master Algo LIVE today…
If you don’t, you’re missing out on a MASSIVE opportunity!
