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How to Turn $ 5,000 into a Million

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How to Turn $ 5,000 into a Million

Can you become a millionaire on the stock market? The question of how to grow a small account undoubtedly occupies every trader’s mind. How do you manage to make a fortune out of a small amount? And preferably really fast?

Just as it is possible to build a real estate empire without a dollar of equity, so it is also possible to achieve high profits on the stock market with a small amount of starting capital (USD 5000 or less).

In this book, Heikin Ashi Trader presents a stock market strategy that will help the trader to succeed in this endeavor. Above all, he explains that the factor of position size plays a much more decisive role in trading success than is commonly assumed. The right question is not: how often are you right or wrong, but how big is your position if you are right?

This method is just about finding the markets where a significant movement can be expected. And once he has identified one, the trader should build a big position in that market, so that he can fully benefit from this movement.

Table of Contents

Chapter 1: Can You Become A Millionaire On The Stock Market?

Chapter 2: Trade with the market’s money, not with your own!

Chapter 3: Learning from the Grand Master of Speculators

Chapter 4: Scaling in – Scaling out

Chapter 5: Should You Use Stops?

Chapter 6: What do you do if the market is going in the wrong direction?

Chapter 7: Go Global Macro

Chapter 8: Look at the “Big Picture”

Chapter 9: Look for a catalyst

Chapter 10: Mistakes to Learn From

Chapter 11: Success with cotton

Chapter 12: My ruble trade

Chapter 13: Thanks to Presidents Erdogan and Trump!

Chapter 14: Speculating with stocks

Chapter 15: Trade what you see

Chapter 16: How and When Should You Buy?

Chapter 17: Speculation is easier than day trading

Chapter 18: A separate account for each speculation

Chapter 19: with which financial instruments should I trade?

Chapter 20: Maximum risk and Margin Call

Chapter 21: Keep your trades to yourself

Chapter 22: On the way to the first million

Chapter 23: The Final Goal: Financial Freedom

Addendum 1: Past financial crises

Addendum 2: useful websites

About the Author

Heikin Ashi Trader is the pen name of a trader who has more than 18 years of experience in day trading futures and foreign exchange. He specializes in scalping and fast day trading. In addition to this, he has published multiple self-explanatory books on his trading activities. Popular topics are on: scalping, swing trading, money- and risk management.

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How to Turn $ 5,000 into a Million – Heikin Ashi Trader

Table of Contents

Chapter 1: Can You Become A Millionaire On The Stock Market?

Chapter 2: Trade with the market’s money, not with your own!

Chapter 3: Learning from the Grand Master of Speculators

Chapter 4: Scaling in – Scaling out

Chapter 5: Should You Use Stops?

Chapter 6: What do you do if the market is going in the wrong direction?

Chapter 7: Go Global Macro

Chapter 8: Look at the Big Picture

Chapter 9: Look for a catalyst

Chapter 10: Mistakes to Learn From

Chapter 11: Success with cotton

Chapter 12: My ruble trade

Chapter 13: Thanks to Presidents Erdogan and Trump!

Chapter 14: Speculating with stocks

Chapter 15: Trade what you see

Chapter 16: How and When Should You Buy?

Chapter 17: Speculation is easier than day trading

Chapter 18: A separate account for each speculation

Chapter 19: With which financial instruments should I trade?

Chapter 20: Maximum risk and Margin Call

Chapter 21: Keep your trades to yourself

Chapter 22: On the way to the first million

Chapter 23: The Final Goal: Financial Freedom

Addendum 1: Past financial crises

Addendum 2: Useful websites

Other Books by Heikin Ashi Trader

About the Author

Chapter 1

Can You Become A Millionaire On The Stock Market?

Without a doubt, every trader is interested in the question of how to trade a small account up. How do you manage to increase this (usually small) seed capital? Or better still, how do you manage to make a small fortune out of this small sum? Preferably as fast as possible?

As soon as the money is in the brokerage account, most traders usually start looking for some kind of holy grail method, which sometimes takes years (as long as there is still money left). I would like to point out my view of things in this book – it will probably surprise some and will certainly upset others, because, what I have to say on the subject may not suit everyone.

Those who have read my other books know that I am critical of the idea of making a fortune out of a small capital investment. Yes, there are traders who succeeded in doing this. But they are few and far between. And above all, there are very few who have done so with the traditional short-term methods.

The goal of USD 1 million is a very high goal for most traders. In fact, some would say that one million is the sum you should bring with you when you go to the stock market. As the reader, you possibly know that even this kind of money is no guarantee that you will be successful. Most traders do not have so much capital when they start, anyway.

So the question is quite legitimate: Once you have made the decision that the stock market is the best way (I know someone who made his first million selling ice cream), what do you need to do if you want to earn a million?.

Big goals need big perspectives. If you plan to earn USD 500 with trading, then you need a different perspective than if your goal is USD 1 million. This book is about how to adopt such a perspective.

Unfortunately, many traders try to reach this goal by sticking to the USD 500 perspective. I just need to reach this modest goal for enough days in a row, they say, then I’ll get to the million on my own. Sooner or later.

As a rule, these traders never reach their goal, and I firmly believe that the reason for this failure lies in their incorrect perspective. It is like looking for 5-cent pieces on the street. No doubt you could become a millionaire by collecting 5-cent pieces, but, in my opinion, that would take much too long.

Incidentally, I only came to understand this simple truth gradually. I was one of those traders who looked for 5 cents every day. The tragedy of this approach is that, every now and then, you actually will find a few 5-cent pieces. That little surge of happiness that one feels, makes one think one is on the right track. No doubt, the person who collects 5-cent pieces will reach his million, one day. For example, if he finds one of those coins every day, he simply needs to repeat this success for the next 20 million days. I think the reader will see the absurdity of this idea.

So, if you set yourself a high goal, you should look for ideas that will get you to your destination a little faster than our brave collector of 5-cent pieces. In this book, we will look at how one can find such opportunities and what perspective we need to adopt (rather than walking around with our eyes glued to the sidewalk).

I would like to present the reader with a strategy that, in my opinion, makes it possible to make a fortune on the stock market. I am not saying that this is the only way, because there are thousands of ways to make money on the stock market. But it is a radical method, because it assumes that, under normal circumstances, the trader with a small starting capital will not be able to achieve this. Nevertheless, the possibility exists to make a fortune on the stock market with just a small investment, by procuring the missing capital from another source, outside of yourself. The strategy that I present here starts with the assumption that the trader cannot achieve this with his money but only with the market’s money. He will have to learn to get the money from where it is. And he’ll have to do it with chutzpah. In other words, he will have to take serious risks. I think that speaks for itself. To say anything else would be a lie.

Just as it is possible to build a real estate empire without a dollar of equity, so it is possible to build a large trading account within a relatively short time with a small starting capital (USD 5000 or even less). I am contradicting myself here, because I have already said, in previous books, that this is not possible. What I meant was that it is not possible to do so with conventional trading methods. In other words, you will have to go very unconventional ways if you want to achieve that goal.

Chapter 2

Trade with the market’s money, not with your own!

My best year of trading was 2008. But most of the money I got did not come from my day trading or scalping. Although those methods also worked well that year, most of my profits came from a single trade. A single! I earned more with that trade than I had in the previous three years. This experience was a kind of breakthrough for me. These are the kinds of moments when you discover completely new possibilities. That was the case with the one trade with which I made a six-figure sum. It was the time of the financial crisis. Lehman Brothers was broke. The stock markets had plummeted. Almost everyone was sitting on big losses, while I was able to reap the biggest profit of my trader career, because I was standing on the other side. No, I was not short in stocks, even though that would have been an excellent idea. I was long in silver. That was my only position at that exciting time: long silver.

I was convinced, that in a crisis of confidence of this magnitude (subprime crisis), it would be a good idea to buy a so-called crisis currency . Investors like to park their money in markets that are considered safe havens in times of turmoil. Traditionally, these are the precious metals, especially gold and silver of course, but also currencies of certain countries, such as the Swiss franc or the Norwegian krone. At the time, I did not understand that this also included the US dollar. Escaping the risk usually helps the markets that are considered relatively stable or low risk . I chose silver because I assumed silver would outperform gold in this crisis. This assumption turned out to be correct, but unfortunately, it did not really materialize until three years later, when silver climbed to stratospheric heights in the wake of the Euro crisis.

Still, my silver trade of 2008 was a success, though the movement on silver in early 2008 was modest compared to what happened in 2010-2011. I started building smaller positions in the range of around USD 13 or USD 14, during the subprime crisis in late 2017. These first positions turned to profits, quickly and easily. After a few days, I already had a book profit of over USD 1000. Not bad, you might think, and under normal circumstances I would have been happy with that gain, and I would have

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How I Helped A Student Turn $1,500 into $1 Million in 3 Years

The #1 question I get is how to start with a few thousand bucks and grow it into millions FAST.

Because I turned $12,415 into $1.65 million in 4 years (see the whole journey HERE) and my top trading challenge student Tim G. has turned $1,500 of his own money into $2.1 million in 4 years (and as CNN wrote HERE into $1 million in just 3 years) everyone thinks I have the answer**.

Here’s the truth: these are the brokers I use, but when you have a small amount of money, you must focus on increasing your knowledge of trading penny stocks, stock market education and account size before you can ever think about getting to $1 million.
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If you want my help/guidance, follow these 5 steps, memorize these free video lessons and get excited for my newest project HERE which will be ready in December and is specially for people with just a few thousand dollars to their name.

Now SEVERAL of my students are making $500 or $1,000+ in a day while investing just a few thousand bucks, thus growing their account size and learning at the same time…by focusing on trading the most volatile penny stocks, both long and short, just the way I’ve done for over 15 years now**.

This was the email I got from my trading challenge student Vahan:

Hi Tim,

One of your dedicated students. I wanted again to provide an awesome trade as a testimonial straight from your teachings. It is Halloween SCARY how well your system works. I am studying video lessons/DVDs everyday and it feels like every time I want to trade, you are next to me guiding on things to do or not to do. I want to break down the trade I did on CDTI which is straight from your lessons. CDTI ran in the morning from basically $2.00 to $3.45 on their patent news, and formed a double top at $3.45, I didn’t touch it all day as it faded late morning, noonish. In the afternoon, It touched $3.45 again, following some consolidation, then broke out at 3pm EST to $3.83, with huge volume, than guess what it did? It came down to former resistance at $3.40ish towards the market close, as it starting to uptrend I dip bought it at $3.44, 2900 shares ($10,000) thinking it would bounce and test the day high again either after hours, or gap up Friday morning, aiming to make 40-75 cents. After hours sold all all 2900 shares at $4.01, making 57cents/share that’s $1653 profit=17%**

Thank you again,

Vahan A. (VAVA on profitly, will post this trade later on profitly)

I just wanted to share this with you as a testimonial on how your teachings work if you study, study and STUDY.

And on the same day as one of my other trading challenge students who started with just a few thousand bucks also passed $100,000 in profits**

Here is Vahan’s CDTI trade:

And here is Tim G.’s CDTI trade:

And even though I was traveling an unable to give a buy alert when the breakout at 3.40ish occurred, there were hundreds more of my students’ who bought on my initial potential buy alert at $2.50ish and made 30, 40, 50, 60, 70 or 90 cents/share…very similar to my Friday short alert on YOD at 2.45 where I locked in a little less than $1,000 in profits:

And many of my students did better than me %-wise:

The key to increasing your profits is by compounding these 5-10-15%-20% gains in 1-2 hours or 1-2 days…over and over and over and over again over a few months or more likely years…and as your account size grows, it’s easier to bank even more than $1,000 since the position size goes up and if you can still make 5-15% on a $50,000 position just like you did with $5,000, well then, millionaire status will be yours sooner than later.

There’s no secret way to becoming a millionaire any quicker, or at least I don’t know it…and I can only teach what I know has worked for me and now my top trading challenge students.

Do the math, you only need 1,000 $1,000 profits to have $1,000,000 that’s really not that bad when you think about it, sometimes my students and I get ahead faster with $2,000 or even $3,000 profits or sometimes $200,000+ profits in one day like this when the same patterns in my DVDs present themselves on more liquid and volatile penny stocks.

Look at how my Challenge student Ivan got to $102,000 now in profits in 2 years**:

A few hundred bucks in profits and as you can see here, he doesn’t win every time, just roughly 70% of the time.

And as I said in this video, this $100,000 he’s made is just the beginning:

That’s why I am SO proud of this page as nearly every single student on there now understands how to turn $1,000 into $1 million within a few years and they’re on the path to doing so.

The problem comes in when traders fail to cut losses quickly and a “shoulda woulda coulda loss” of $50 or $100 or even $200 or $500 becomes a $3,000 or $5,000 loss that hurts their account balance and confidence, thus delaying or even preventing their rise to millionaire status as they give up along the way.

(When experiencing a big loss due to breaking key rules should actually help traders respect the rules even more so as not to let that kind of a loss happen again)

This is why I continually stress rule #1 is to cut losses quickly so you don’t interrupt your process of becoming a millionaire…it’s not optional, it’s required when partaking in my proven strategy.

Want some background videos on this topic, sure here you go:

This is why I go on TV shows like this and I accept allllllll the hate that comes my way, it’s due to sheer ignorance and a failure to understand that my life is dedicated to sharing what I’ve learned and helping people achieve financial freedom in a way that nobody previously thought was ever possible.

As I create more millionaires using this method, you will have two choices: a. continue to hate me, distrust me, be jealous of my success and my students’ success or b. join in the fun and change your life forever.

The #1 question I get is how to make a million quickly. Read this guide now to learn how to grow a thousand dollars into a million FAST! ]]>