First things first, Tim’s claim to fame is turning his bar mitzvah
money into over $4 million in profits now. And in the last few years he has been teaching people how to
trade his strategy. In doing so he
has already created 2 millionaire students. This is how I first heard of him – I saw a story about Tim
Grittani turning a few thousand into a million dollars.
Since Tim has started teaching he has created tons of
material to learn from. He
suggests also getting his DVD’s (PennyStocking Part Deux is supposed to be the
best) but also has a ton of video lessons. I think the best part about the Penny Stocking Silver
subscription is the access to Tim’s video library. He is closing in on 2,000 videos (over 160 hours) available
to watch and learn his strategy.
Tim sends these out most days and they explain what trades Tim took and
more importantly why. This is huge
in learning his strategy; you see the setup, when he bought/shorted and how the
play ended up. I find the more
recent videos the most useful, because I have experienced those plays and saw how
they turned out live. I have more
of a connection to them, and the lesson to be learned feels more real. I can also compare what I was thinking to what Tim was
thinking. Over time you start to
seeing charts and plays how Tim saw it.
The frequency of the videos is great because it feels like your always
learning and getting better. You
can find your mistake if you made one or confirm why you were right.
This is a great cheaper option to becoming a millionaire challenge student. I am not a
challenge student, but you get all the same video lessons. The advantage of being a challenge
student is the live trading webinars.
2 a week, typically one from Tim and one from Michael Goode and Tim Grittani does some as well. It
would be nice to see exactly what Tim is looking at, but I use a different
trading platform anyways and they look slightly different. Would be cool if Tim released one or
two to give everyone a taste of what we are missing. But if your not sure you want to join the challenge or not,
this is the best introduction to start learning his strategy. You can always upgrade to become a
challenge student and get more of Tim’s time.
If your not anticipating Tim’s plays, you will be chasing
all his alerts. You are then in a
race to get into a play with all his subscribers. Your entry will be above Tim’s so your gains will be less
than his. So don’t expect to have
the same returns Tim does just because you are playing the same stocks as
him. It is not his goal to have
you simply follow him, he wants you to develop into your own trader. This mean finding stocks on your own
that fit his strategy. Or if
something on his watchlist is setting up, buy it before Tim does. If you know his strategy then you can
anticipate what he will buy and get in before him (Tim rarely buys before 2 or
even 3).
Tim’s chat is usually very large and is fast paced even though Tim only takes a few trades. This is where Tim posts his trades
live, and I suggest being in the room because his alert is seen there before it
arrives on your phone. Both of
Tim’s millionaire students are moderators (Michael Goode and Tim
Grittoni). Michael trades more
actively than Tim and you can also follow along with him. There are always tons of people posting
their positions and also asking other people why they entered a certain
trade. It is hard to get a response
from Tim in here though because of all the noise and he has another room
dedicated to his millionaire challenge students.
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