Capitalmind looks at stocks, bonds, funds and the macro to bring you their view on the Indian financial markets. We discuss all things related to investing at our focussed podcast that keeps it simple. For more, go to capitalmind.in and to invest with us, visit capitalmindwealth.com
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Content provided by Etienne Crete. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Etienne Crete or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
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512: What It Takes To Become a Millionaire Trader - Tim Sykes
Manage episode 489043651 series 2683083
Content provided by Etienne Crete. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Etienne Crete or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
What It Takes To Become a Millionaire Trader
…
continue reading
In episode 512 of the Desire To Trade Podcast, we will be listening to the recording of an interview with legendary trader, Tim Sykes, to discuss what it takes to become a millionaire trader. Tim emphasizes the dangers of trading with leverage—especially short selling—and warns against prioritizing profit milestones over trading discipline. He encourages traders to build their “knowledge account” before risking capital, stressing that trading is more about structure and patience than aggressive action. Drawing parallels between trading and golf, he explains that forcing outcomes often backfires, as the market doesn't reward desire—it rewards preparation and consistency. His goal is to help students use trading as a tool to build a life, not become trapped by it.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode- 00:00 Introduction
- 00:58 What’s new with Tim Sykes
- 02:34 The evolution of his trading strategies
- 04:19 The importance of systematic trading
- 05:34 Trading routine and lifestyle
- 08:37 Trading on his phone
- 10:24 Learning from mistakes
- 13:57 Mindset and discipline
- 15:59 Are his trades affected by politics?
- 17:02 Dealing with unpredictability
- 17:43 Building wealth through trading
- 18:26 Teaching trading
- 19:18 Tim’s lifestyle and the role of charity
- 20:22 Advice to traders who want to be profitable
- 22:36 Preparing for market opportunities
- 23:37 Helping students hit their $1M goal
- 25:38 Where to find Tim Sykes (links below)
- 26:21 Final advice to traders
What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!
Desire To Trade's Top Resources- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
- Recommended brokers:
- Desire To TRADE Academy
- Get a copy of Prop Trading Secrets (Author: Kathy Lien & Etienne Crete)
-
- Subscribe via iTunes (take 2 seconds and leave the podcast a review!)
- Subscribe via Stitcher
- Subscribe via TuneIn
- Subscribe via Google Play
- See all podcast episodes
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
How to find Tim Sykes- YouTube: TimothySykesTrader
- X/Twitter: @timothysykes
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
522 episodes
512: What It Takes To Become a Millionaire Trader - Tim Sykes
Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
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Manage episode 489043651 series 2683083
Content provided by Etienne Crete. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Etienne Crete or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
What It Takes To Become a Millionaire Trader
…
continue reading
In episode 512 of the Desire To Trade Podcast, we will be listening to the recording of an interview with legendary trader, Tim Sykes, to discuss what it takes to become a millionaire trader. Tim emphasizes the dangers of trading with leverage—especially short selling—and warns against prioritizing profit milestones over trading discipline. He encourages traders to build their “knowledge account” before risking capital, stressing that trading is more about structure and patience than aggressive action. Drawing parallels between trading and golf, he explains that forcing outcomes often backfires, as the market doesn't reward desire—it rewards preparation and consistency. His goal is to help students use trading as a tool to build a life, not become trapped by it.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode- 00:00 Introduction
- 00:58 What’s new with Tim Sykes
- 02:34 The evolution of his trading strategies
- 04:19 The importance of systematic trading
- 05:34 Trading routine and lifestyle
- 08:37 Trading on his phone
- 10:24 Learning from mistakes
- 13:57 Mindset and discipline
- 15:59 Are his trades affected by politics?
- 17:02 Dealing with unpredictability
- 17:43 Building wealth through trading
- 18:26 Teaching trading
- 19:18 Tim’s lifestyle and the role of charity
- 20:22 Advice to traders who want to be profitable
- 22:36 Preparing for market opportunities
- 23:37 Helping students hit their $1M goal
- 25:38 Where to find Tim Sykes (links below)
- 26:21 Final advice to traders
What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!
Desire To Trade's Top Resources- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
- Recommended brokers:
- Desire To TRADE Academy
- Get a copy of Prop Trading Secrets (Author: Kathy Lien & Etienne Crete)
-
- Subscribe via iTunes (take 2 seconds and leave the podcast a review!)
- Subscribe via Stitcher
- Subscribe via TuneIn
- Subscribe via Google Play
- See all podcast episodes
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
How to find Tim Sykes- YouTube: TimothySykesTrader
- X/Twitter: @timothysykes
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
522 episodes
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Similar to Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
Capitalmind looks at stocks, bonds, funds and the macro to bring you their view on the Indian financial markets. We discuss all things related to investing at our focussed podcast that keeps it simple. For more, go to capitalmind.in and to invest with us, visit capitalmindwealth.com
…
continue reading
Paisa Vaisa is India's premier podcast on personal finance, boasting over 4 million downloads, featuring over 200 hours of insightful content and discussions, hosting more than 250 guests, and presenting a wealth of knowledge through over 450 episodes. Since 2017, Paisa Vaisa hosts experts from mutual funds, stocks, real estate, loans, education financing, insurance, and much more. It has recently introduced a sub-series offering valuable insights in businesses and entrepreneurship. You can ...
…
continue reading
Chat With Traders is your key to the minds of trading's elite performers. Start listening to learn how a diverse mix of traders went from zero to hero, how they successfully trade markets today, and get their best tips 'n pointers for profitable performance, plus much more. Note: You are responsible for your own trading decisions—this is not financial advice.
…
continue reading
Motley Fool Money is a daily podcast for stock investors. Weekday episodes offer a long-term perspective on business news with The Motley Fool's investment analysts. Weekend shows are a mix of investing classes and longer-form interviews. The show is hosted by Dylan Lewis, Ricky Mulvey, and Mary Long.
…
continue reading
The Twenty Minute VC (20VC) interviews the world's greatest venture capitalists with prior guests including Sequoia's Doug Leone and Benchmark's Bill Gurley. Once per week, 20VC Host, Harry Stebbings is also joined by one of the great founders of our time with prior founder episodes from Spotify's Daniel Ek, Linkedin's Reid Hoffman, and Snowflake's Frank Slootman. If you would like to see more of The Twenty Minute VC (20VC), head to www.20vc.com for more information on the podcast, show note ...
…
continue reading
The Moneycontrol Podcast is your daily source of business news, investment analysis and advice on stocks and the markets. Tune in to broaden your horizons with podcasts by journalists, experts and analysts giving you a head-start in the investment game.
…
continue reading
The fun email marketing podcast. Sell more of your online courses, grow your membership and bring in more coaching clients with email marketing that doesn't stink. Sound good? Then join your fellow Email Marketing Heroes for your weekly dose of fun, practical, yet brutally honest email marketing advice. You can listen in to a piping hot, fresh episode every 'Email Marketing Wednesday' or if you prefer learning with your eyes instead of your ears, we turn each episode into a full written blog ...
…
continue reading
Alessandro Bogliari, CEO and Co-Founder of The Influencer Marketing Factory, a global influencer marketing agency, talks with great guests about influencer marketing, social media, the creator economy, social commerce and much more.
…
continue reading
Stephan Piscano founder of The Real Estate Networking Group the largest real estate group online interviews experts in real estate, finance, sports, motivation and more as we use common sense concepts to give investors insights on financial markets and have a lot of fun talking sports, politics and business motivation as well!
…
continue reading
In each episode of "Goldman Sachs Exchanges," people from the firm share their insights on developments shaping industries, markets and the global economy.
…
continue reading
Player FM - Podcast App
Go offline with the Player FM app!
Go offline with the Player FM app!
