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Our special guest is Tim Sykes. Tim is an entrepreneur, penny stock expert, trader and philanthropist. He turned $12,000 into $4.4 million and now teaches students around the world. A philanthropist and huge supporter of pencils for promise, Tim has been building schools for children all around Asia. He has been featured on Larry King, CNN, Fox News, CNBC and has been a speaker at Harvard University.
You will learn plenty from Tim Sykes in episode 126 of the Vision Board Podcast.
What you will learn in this episode:
4:21 - we welcome Tim Sykes
5:32 - philosophy 101
7:20 - the mindset of a stock trader
9:36 - why he chose penny stocks
10:52 - the differences between forex and penny stocks
13:15 - insights on "pumped and dumped" stocks
14:04 - celebrity vs gambler
16:02 - tips and strategies into penny trading
17:33 - the importance of timing and social media
19:40 - big losses vs smart losses
21:28 - the confidence and the ability to succeed
25:18 - the thorough analysis of risk assessment
27:35 - common mistakes in trading
29:10 - "don't trade with money that you can't afford to lose"
31:02 - transition from trader to coach
32:40 - the highest achievement for a Trader is?
35:10 - "Pencils of Promise" and his charity Tim Sykes Foundation
37:45 - where he draws his inspiration from to help people
39:45 - Larry King and his Lamborghini
40:41 - www.howtomakemillions.com
41:32 - structured vs unstructured lifestyle
43:40 - the definition of "down time"?
45:15 - the process of his webinar businesses
48:02 - advice on adversity
49:05 - what posters were on his childhood wall
53:25 - what would his 3 best friends say about him
58:45 - what 5 people would he invite to dinner?
Episode brought to you by
PLEASE HELP WITH HARLEY'S BEATING CANCER CAMPAIGN - www.gofundme.com/harleys-beating-cancer-campaign
ONNIT - Use coupon code VISIONBOARD at checkout to receive 10% off at https://www.onnit.com/?a_aid=Visionboard
Get your FREE copy of CONVERSATIONS WITH CHAMPIONS, an inspirational quote book of all the guests from the podcast
Simply visit http://www.thevisionboardpodcast.com/ebook
Get in touch with Jonny and Tristan at info@thevisionboardpodcast.com |