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047: Timothy Sykes – The Hustle ‘n Grind: Beyond the Big Money, Fast Cars and Exotic Trips

Chat With Traders

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The Importance of Being Aware of Misinformation

"You have to fight that addiction to trade every single day," he says. "If you can do that one, two, three days in a row, you will have beaten the addiction or you'll be on the way toward beating it" He tells his students not to worry about what their brokers tell them because they just want commissions and don't care if your money is sitting in the account. The biggest problem with over-trading is people turning into scalpers who make small amounts of money each day but end up losing 100%.

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