It was never about the money for Roland.
Well, it sort of was. Otherwise, why else would he get into day trading?
What I mean is that he never thought he’d become a professional day trader with over $1 million in profits.
He always wanted to be a professional soccer player. But an ankle injury destroyed those dreams.
In that way, Roland and I are a lot alike.
I hoped to be a pro tennis player until an injury forced me to quit. My dad now affectionately calls it my “million-dollar injury,” because when I was recovering, I started day trading.
But let’s get back to Roland.
After a short-lived career in Croatian soccer, he moved back home and married his high school sweetheart.
The problem? He quit college to go pro. He was jobless and without a degree.
A 9-to-5 job helped him scrape by and support his family. But he deserved more. And he knew it.
That’s where his trading journey began…
The Beginnings of a Millionaire
2016: Roland started trading. He first gets lucky with an $800 account. But luck isn’t enough. “There must be a strategy to this,” he thinks.
He finds my trading challenge … and ignores a ton of scammers along the way. Roland appreciates my students’ testimonials and my transparency.
I encourage students to take it slow. Day trading isn’t for everyone. I’m glad Roland took his time.
He upgrades to a $4,000 account but keeps losing.
Roland admits he tried to follow my trades. That’s what I tell my students NOT to do. I share trades so you can follow my process. Thankfully, Roland picked up the error fast.
The study grind begins.
Roland knows he isn’t doing enough to succeed. He often rolls out of bed a few minutes before the market opens.
He realizes he has to change his lifestyle, so he starts…
• Studying 17 hours a day.
• Making watchlists before going to bed.
• Waking up early.
2017: He had learned day trading basics, but he wanted to learn more and study with other mentors, too.
That’s why I frequently share the perspective of multiple millionaire traders.
His account totals more than $200,000 at this point.
That’s more than four times his salary working the 9-to-5 job. So he quits. It’s a dream moment for day traders.
2020: Roland passes the $1 million milestone.
Roland’s Favorite Strategies
I teach my students to trade stock patterns, but we all have a different sweet spot. Each of my students trades a little differently.
That’s the beauty of this niche — there are so many ways to profit if you put in the work.
Here’s what Roland likes…
• Listed penny stocks. He’ll trade OTCs every now and then, but only when they’re liquid enough.
• Multi-day breakout.
• Gap and crap reversal.
• Panic dip buy.
And his education continues. Lately, he’s been looking at long-term strategies for big parabolic moves.
Source: Millionaire Media, LLC
Since passing $1 million in profits, Roland has slowed down — a bit. He’s a mentor with his own students.
And above all else, he’s a family man with a wife and four kids to look after.
Trading is still his passion, and it allows him to live the life he wants.
When the markets are slow, he goes golfing.
And thanks to the flexible schedule, he’s able to put his family first. They’re the reason he got into day trading in the first place.
It wasn’t about wanting a million bucks for himself. He wants to support his loved ones.
How to Trade Like Roland
Roland is a careful trader.
He took my #1 rule to heart from day one: cut losses quickly.
He lost a bit in the beginning. But that’s part of the process.
The good thing is he worked hard to control his losses. He never let his position fall too much.
That’s a great lesson!
The longer you can stay in the game, the more you can learn. Roland learned to become self-sufficient because he was so cautious.
He’s cautious now, too, only taking a trade when he has an edge.
That’s how I teach all of my students. I call it trading like you’re retired. Don’t come out of retirement unless there’s a setup too good to miss.
I feel honored to have helped pave the way for Roland and so many other millionaire students. But I can’t take all the credit.
It takes a lot of work to become a self-sufficient day trader. Sure, the right mentor makes a huge difference. But I don’t hold anyone’s hand.
Always remember that 90% of traders lose.
When it comes to the stock market, it’s do or die.
If you want to make it in this niche, you’ll figure that out sooner or later. No one’s here to push you to work harder. You’re on your own.
So what do you say? Think you’re ready for the journey of a lifetime?
You could be my next millionaire student. But we won’t find out until you start studying.
What do you think? Can anyone do this? Let me know what you think at [email protected].
Cheers,
Tim SykesEditor, Tim Sykes Daily
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