Tim Sykes Daily

I say it all the time, but this week I can’t emphasize it enough… Singles add up. In the past four days, we’ve gone from peace talks to failed peace talks. We’ve seen news of MORE peace talks on the way. We’ve gone from “the Strait of Hormuz will reopen” to the Navy blockading Iran’s ports. Here’s what you need to know.

I got a great question this week that I want to share because I’m sure many of you are thinking the same… “I want to grow my small account fast. How can I scale a small account correctly? And make it into a million?” Have you ever felt this way?

Sometimes there’s a pattern SO beautiful that it would be crazy not to trade it. Other times, I’m so focused on one of my favorite patterns that I trade a pattern within a pattern. It’s counterintuitive, but I know what works best for me.

Too many traders panic in the morning right at the open. The weird thing is… Morning panics create opportunity. Over the past 25+ years, I’ve seen this price action thousands of times.

It’s easy to start something that can change your life (like trading)… But it’s even easier to quit when it gets difficult. I call that: the fantasy vs. reality dilemma.