So it’s been well over two years since i have posted anything on tradingspike.com and I’m finally back in action with great progress made trading the financial markets for serious profits in order to quit the day job and ultimately become me own BOSS 🙂
It all started out with sparks flying and the very excitement of being financially free back in 2014, when I decided to not just dabble in trading the financial markets, but get seriously good at it by mastering the game of this very challenging skill.
Just over five years on and a lot has changed. Although I have NOT reached BOSS status yet I have learnt a tonne and gained several skill sets that I can fine tune and adapt when needed.
One thing is for sure though, and that is trading is definitely NOT easy or for the faint hearted or il-disciplined, but luckily for me I stay determined and keep on pushing forwards no matter what happens in my life!
Anyways lots has changed and this is what’s going on now…..
I Finally got a much needed upgrade and now have four slick AOC monitors to kick Wall Styreets butt with along with a Gigabyte Vr mini pc which does the job quite nicely.
Originally I started with a simple laptop and my kindle, but over time things have evolved immensly with my trading knowledge and experience, thus it was time to start trading with a more professional and productive setup.
I also decided to invest in my health too, so have started working out with my own mini gym set up…
I Stopped Trading Penny Stocks!!
Originally from starting this website I had my eyes set on trading penny stocks and becoming the next Timothy Sykes millionaire student, but I quickly realised that he is a scam and so stopped trading penny stocks!!!!!!!!!!
I am 110% joking about Timothy Sykes by the way, he is ANYTHING but a scam and it amazes me how he gets such bad press from some people! I can assure you that Timothy Sykes is the real deal and an excellent trader at what he does as well as a professional mentor to his students that put in the work. So fear not, Tim Sykes is worth going to if you want to learn how to trade penny stocks.
The reason I stopped trading penny stocks was simply because it doesn’t fit my trading style and I was struggling with the Pattern Day Trade (PDT) rule. Maybe further down the line I will go back to penny stocks, but right now I am mastering futures and specific stocks that are always liquid.
What Am I Trading Now?
Through ooooodles of studying and research I discovered spread betting financial markets. Curiosity got the better of me and the more I discovered the more I realised that spread betting is by far the best way to get stuck into trading and learn, without having to worry about the annoying PDT rule!
Best of all spread betting in the UK is also TAX FREE as it is considered gambling! The dynamics are slightly different to that of a normal trading account, but there is no difference at all as to how you trade and make profits/losses.
So What’s Next?
As I grow my spread betting account I plan to share more and get back to it with the Trading Spike blog and show you a little more behind the scenes of what I do and also over time what I’ve discoevered really works consistently well/best.
So fear not trading fans I have not given up or disappeared, just been under the radar for a little while…
Till next time, find what fascinates you the most and study it to your hearts content! 🙂