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In this Q&A, I’m answering some of the most common questions I get from my Challenge students — alongside Tim Bohen and Ellis. We talk about managing risk in volatile pre-market and after-hours sessions, why starting small is so important, and how to build a solid foundation before your very first trade. I’ll show you why cutting losses quickly matters, how to focus on the process over profits, and the habits that separate long-term winners from gamblers. You’ll also hear how we approach hot setups, sticking to a trading plan, and scaling up the right way. Whether you’re just starting or looking to level up, this session gives you real, practical lessons, so study hard! ⏱️ Timestamps
0:00 – Why Challenge students get more webinars than ever
2:00 – The value of 100% live, interactive webinars
4:09 – How to trade with a $1,000 account (morning spikes & first green day setups)
7:09 – Why all top traders start small & build discipline early
10:19 – Managing risk in pre-market and after-hours sessions
15:27 – Why cutting losses quickly is a crucial skill
18:20 – Advice for your very first live trade
21:49 – Should you hold strong stocks overnight?
27:42 – Why some traders “get it” faster (and the hidden work behind success)
33:00 – Common mistakes with account size and trade exits
40:33 – How overall market conditions influence penny stocks
43:27 – The 9:45 rule and why it matters for new traders
45:48 – Final takeaways & ongoing Challenge webinars 📎 Resources & Mentions 🔴 View all my trades: https://tim.ly/timstrades
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🐦 Twitter/X: https://twitter.com/timothysykes Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next student.* (All content on this website is intended for educational and informational purposes only. The material on this website is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following the instructor’s strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by the instructors to adjust for those fluctuations may change without notice. There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments. You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.)
Q&A With 3 Top Trading Mentors
Q&A With 3 Top Trading Mentors
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