Kyle Dennis Turned $15,000 Into Over $2,000,000 in Just a Few Years:
Kyle Dennis is best known for turning a modest $15K starting portfolio into well over $1M within 2-3 years as a premium member of Jason Bond Picks. During that time, Kyle honed his technical trading and fundamental research skills – both necessities for self-sufficient traders. In 2016 alone, he leveraged his larger portfolio to capture over $1M in profits – averaging over $3K per day. Due to his extreme success as both a mentor and trader within the JBP community, he now runs his own newsletter – BioTech Breakouts.
Having a mentor on Wall Street can be extremely beneficial – there’s no doubt about it. Building a successful trading strategy completely from scratch is rare and it’s clear that many traders are influenced by others. Solid guidance is often tough to come by in a financial industry riddled with deceit, dishonesty, and scams, so who better to trust than Kyle Dennis – a 26 year old self-made millionaire who openly shares his research reports and effective trading strategies on various platforms.
3 Platforms to Follow Kyle Dennis and Learn From His Success at No Cost:
1. Seeking Alpha
Kyle Dennis SA Profile – Kyle publishes articles regularly on Seeking Alpha about his favorite stock ideas. You can follow him and receive articles straight to your inbox as soon as they are published.
2. Twitter
@KyleWDennis – Kyle has a daily presence on Twitter where he shares snippets of news and shares his opinions on many stocks. You can follow and interact directly with him as much as you want – all questions welcome.
3. BioTech Breakouts Blog
BioTechBreakouts.com – Kyle openly shares valuable content within his free blog, including many of his webinars, “how to” videos, portfolio summaries, etc. You won’t find quality content like this offered for free very often.
These are three outstanding opportunities to learn from a millionaire trader at absolutely no charge. In doing so, you’ll get a feel for his strategy, learn about biotech stock trading, and receive insights from an expert. Start following Kyle Dennis on all three platforms today!
Written by Matt Thomas
Related Pages:
- BioTech Breakouts Review – Kyle Dennis Turned $15K Into Over $1M
- An Inside Look at How Kyle Dennis Turned $15K Into Nearly $2M
- Millionaire Jason Bond Picks Client, Kyle Dennis, Launches Own Newsletter
- Expert Stock Trading Mentor, Jason Bond, Gives Porsche to Millionaire Client
- Interview With Kyle Dennis – Jason Bond’s First Verified Millionaire Student
I day trade crypto and find it extremely stressful and time consuming. Is trading stock any different? I will certainly have a look at Kyle’s free stuff to see what he is all about and the concepts and platforms he uses.
It is certainly tempting to discover more if it is possible to turn $15,000 into $2,000,000. I was a bit confused though as the headline says $2,000,000 but the article says $1,000,000…
Hi Tim – it really depends on how you’re trading and what type of strategy you’re implementing. Some approaches can be stressful and time-consuming, but they don’t all have to be. Individual strategies can be designed based on time availability, risk tolerance, etc. If a strategy is too time-consuming, then try to find one that doesn’t require as much time. Instead of day trading, for example, you can focus on swing trading or longer term plays. As far as the stress levels go, that usually comes down to position sizing in my experience. If you’re uncomfortable and stressed about trades, then you’re either not confident in your approach or have too much money in the trade. Usually it comes down to simply reducing size on a per trade basis. Overall it helps to have the proper Mindset & Discipline.
To clarify in regards to the headline, Kyle Dennis had just recently eclipsed $2,000,000 in trading profits at the time this post was published. But he originally made a name for himself as a member of Jason Bond Picks Millionaire Roadmap by turning $15,000 into over $1,000,000. At this point in time, he has actually surpassed the $4,000,000 mark in cumulative trading profits.
I too think it’s a good approach to follow Kyle on these 3 platforms. I’m not very familiar with the trading business and don’t want to spend a lot of money for payed training as for now.
Looking over the shoulder and following his social accounts will be very interesting and helpful though. Thanks for the links, I’ll check them out regularly now and subscribe to his free newsletter.
Hi Stefan – I don’t think Kyle has done much on Seeking Alpha recently, but his social accounts (Twitter, Facebook, and Instagram) are still fairly active. His blog is especially helpful, offering tons of valuable, free content. Mostly in the form of video lessons which is great for beginners to learn his methods. I actually assembled some of his best free materials into this one post.
Thank you Matt for sharing information on how we can follow Kyle Dennis. If he turned 15K into millions it’s worth at least checking out his Twitter. Do you personally find his stock advice helpful? If so what recently has helped you the most? I am interested in Spark Therapeutics as a possible company to buy stocks on. I obviously do not have a clue how to analyze them. Does Kyle or you have an opinion on them?
Hi Julian – great questions. Personally, I feel like Kyle Dennis has helped me quite a bit with my trading, especially in the area of researching catalysts. With his Biotech Catalyst Swing Trading strategy specifically, he teaches how to research catalysts to help pinpoint entries and maximize your potential upside on trades. In the biotech sector specifically, he has mastered this process due to the nature of the sector. There are always data readouts, conferences, and various catalysts that can potentially drive a stock 50%+ in either direction. When you’re on the right side of this type of volatility, the profits can be substantial. One of the tools he uses for this approach is BioPharmCatalyst.
Kyle Dennis is also extremely transparent and generous with his knowledge. You can find quite a bit of educational materials and lessons on His Blog. As far as Spark Therapeutics goes, I’m not sure what Kyle thinks about it, but I’m sure he’d be open to sharing if you reach out to him on his Twitter or Biotech Breakouts Contact page. For my thoughts, it appears to be in a solid uptrend this year and currently trading near strong resistance in the $90-95 range. It could be poised for a potential breakout if the sector stays hot and enough volume comes in. It could also break down if it can’t get through that level. That being said, it’s a bit out of the price range of stocks I typically trade (roughly $2-15). And recently, I’ve been focusing quite a bit of time on solely trading SPY options with Daily Profit Machine.
Unfortunately, constantly strategy hopping is one of the downsides of using and reviewing many of these stock trading services, so I haven’t had as much time as I would like trading some of Kyle’s strategies recently. Many of the concepts that he’s taught me have stuck with me though. He’s one of my favorite trading mentors to learn from.
I am just wondering if you are sort of a dyslexic with numbers if this is any good for you. I I always wondered if you need a high IQ to be undertanding all this information and even more if putting it into practice? I suppose it interests me more for the potential to make money? Not sure if that is a good reason to want to learn it?
Hi Anna – a high IQ isn’t necessary to be a profitable stock trader. In fact, the chart reading and research required to enact Kyle’s Biotech Catalyst Swing Trading strategy, for example, aren’t really that hard to understand at all. It’s a rather simple approach in all honesty. The most difficult aspect of trading, surprisingly, is the ability to follow your own predetermined trade plans, follow rules, stick to stop losses, etc. It sounds so easy, but in the moment people tend to find ways to go against their proven strategies, fail to respect their risk levels, allocate too much of their portfolio into one position, and many other mistakes. With all that being said, the primary focus of any beginner to trading should be Proper Mindset.
To answer your other questions, turning to the stock market just because you want to make a lot of money from it probably isn’t the best reason to do it. It’s normal to have profit goals, but being obsessed with the potential rewards can be a recipe for disaster (especially for beginners with limited knowledge and experience). A lot of gurus in this arena will advertise with mansions, fancy cars, stacks of cash, etc. But it’s extremely hard for the average person to get to that point. Those material possessions can blind us from the hard work that needs to be put in and make us want to get rich overnight. But that just won’t happen. So focusing less on the money at the start and more on the execution of your strategy without errors over and over again is the best way to approach it, in my opinion. Doing so cultivates solid trading habits which will ultimately lead to consistency and steady profits.
Overall, it definitely helps to have motivation to trade other than just the money because the best traders tend to have a passion for the process and it’s extremely fulfilling for them.
Hello Matt
I use to dabble in penny stocks a few years ago, I found it to be slightly enjoyable. The three ways to get help from industry leaders is very impressive. Does this system work for everyone? Do You have to have capital to get started?
Reading the comments I found one that was not very complementary to the site or the individual you are speaking of. The three avenues to use Seeking Alpha, Twitter, and Biotech Breakout Blog are all very useful and full of hints and tips to help along the way. I found your site to be very helpful and insightful.
Hi Timothy – great questions. These three options are specific to Kyle Dennis, but many traders with educational programs are active on social media (Twitter, Facebook, Instagram, etc.), have their own blogs (Biotech Breakouts in this case), and write for various news sites (SeekingAlpha, MarketWatch, TheStreet, etc). These are great ways to attempt to follow and learn from any of your trading mentors, assuming that they’re active on these platforms. As for Kyle Dennis, I don’t believe that he’s been super-active on SeekingAlpha recently, but his Blog and Twitter Account are still great places to see what he’s up to and even learn the specifics of his strategies. Much of it he offers for free – video lessons, webinars, recordings of live trading sessions, e-books, and more.
As far as the negative comment concerning his service goes, there will always be detractors and naysayers. Especially within the stock trading space. Everybody has a right to their own opinion, so I have no problem letting them share their personal thoughts and experiences. But I just don’t agree with the negative sentiment at all. First, simply subscribing to any service won’t guarantee success. It takes hard work and dedication to eventually become a consistently profitable trader, but too many individuals are looking to “blindly mirror” and assume that lazy approach will result in success. But it simply won’t. There’s much more to trading than receiving “hot picks” and alerts, so you can’t just blindly follow other traders without the right educational foundation and skill set. Unfortunately, however, that’s what many people want. They want something for nothing. They don’t want to put any work in, yet expect millions in return. That’s just not realistic. In the end, everybody has their own portfolio size, risk tolerance, personality, availability during market hours, ideal strategies, etc. That’s why it’s critical that a service within this space focuses primarily on education and transparency, and there’s no doubt that Kyle Dennis offers more of that than any other trading educator out there.
Kyle Dennis offers multiple services with the most popular being FDA Insider Alerts – the cost of that service is in line with most other newsletters out there in the industry. Then there’s his Nucleus service which isn’t your average program. Within this program, Kyle literally live streams his E-Trade account for members to watch his approach and execution. He develops trade plans, shares his thoughts, answers questions, and buys & sells all in real time. You can’t get more transparent than that. He’s also taken feedback he’s received from members to open up two small accounts – one with $5K and one with $25K. The ultimate goal is $1M. This isn’t to say that all members will achieve this feat, but Kyle has done it multiple times in the past. He’s proven that he can build small accounts over and over again. Overall, he’s providing the tools and showing the process on how to achieve this, but it’s up to each member to put the work in and get the results they want out of it.
Kyle not only trades biotech stocks, but many other sectors as well. And depending on current market conditions, he’ll scalp trade, day trade, swing trade, enter some longer term positions – whatever he sees fit. He adapts and teaches his students to do the same, just like all great traders do. While some might not think his mentorship service is worth it for $3K, many members are willing to pay much more ($5-10K+), and have seen exponential results in their portfolios doing so. But again, it all comes down to how dedicated members are to learning the educational aspects and their willingness to apply them with discipline. Simply paying the membership fee will not guarantee success, but there’s a ton of potential value here. He wouldn’t have thousands of satisfied members if that wasn’t the case.
“Overpriced Nucleus Service for a little value”
Dream on, folks, if you think you can make a million dollars like Kyle Dennis by joining his Nucleus program for $3K, then 90% of the traders in his chat room would be a millionaire. I’m here to give a real testimonial of my experience in his chatroom.
Negatives:
1) His trading service is significantly more expensive compared to most popular trading services
2) 95% of the trading services on the Internet offer a trial period. He does not! So, if you don’t like and/or can’t adapt to his trading style to become a profitable trader, you’re stuck with him for the whole year and out $3K.
3) He claims that he built his fortune in the biotech “niche”, but if you watch him day in and day out in his chatroom, he makes 75% of his money on his day trades, which he does very aggressively. He takes huge position sizes, 5K or 10K shares in a low-float, low-priced volatile stock for a 10 to 20 cents move, which 95% of the traders in his chatroom can’t follow and thus can’t prosper.
4) Regarding his biotech niche: while the watch list and email that he sends out about his picks has some useful information, most traders wait for his buy alerts. However, often, by the time you receive the alert, the stock will be 10% to 15% higher and the only way to get in is either chasing it or if you’re lucky, it might come down during intraday to the purchase price at which Kyle bought it – very slim chance.
He would preach you’re here not to mirror his trades but to learn from him and develop your own trade ideas and style. Partially, there’s some wisdom to what Kyle is saying; however, a lot traders joined because their goal is to mirror his trades and profit with him. If they can’t make money, then what’s the point of joining this expensive service? Most popular trading services like Warrior Trading, Greatstockpix, etc. offer excellent trading education for a lot less than what Kyle is charging..
Another thing about Kyle: he pretends to care about his members, because he HAS to, in order to get more subscribers But don’t let that fool you, the greasy haired car salesman is sometimes very sarcastic to some of his members when he’s off his game and losing money on his day trades; when someone complained that they lost money on his picks, he would turn around and scold them.
And the so-called educational webinars, they are sloppily organized and are basically a hodgepodge of daily live recordings put together.
One Tip: Don’t join his service, rather, just watch his free webinar on “The 3-Step Plan for winning biotech trades” and read his booklet on “The 2.9 Million Biotech Trade Playbook” The concept is not hard. Find a biotech company that has an upcoming event, a catalyst, coupled with a favorable chart setup and buy the stock and get out before earnings or catalyst occurs.
Here are some of his favorite chart setups. His definition can be found on his blog and more info can be found via Google searches.
Fib (Fibonacci) retracement play, Double/Triple bottoms and tops, Bottom reversal, Flags and Pennants
BOTTOM LINE:
Although Kyle’s Nucleus Program has some value, IT DOES NOT JUSTIFY PAYING $3K FOR THE OVERPRICED SERVICE. Just watch his free webinars and read the booklet, do research on stock patterns and candlestick formation, and if you’re starting out and need ideas, join other trading service for a lot less. Ultimately, in order to succeed in trading, you have to create your own niche and trading style.
Hi, Wow. Kyle’s success is impressive and super motivating. I love reading stuff like this,15k to 2 Million He must know some thing I don’t know. I just followed him on Twitter even the free information he gives you there is amazing. I’m thinking about buying his biotechbreakouts seminar. thank you really much to point me at him.
Matt, great review on Kyle Dennis. He must truly know what he’s doing and be in the position to help others if he turned a $15k portfolio into a $2mil one. Impressive! I have a Twitter account, so I will definitely check him out as it is the easiest way for me to get acquainted with him.
Matt,
I’m a commodity trader as well as a stock trader and love the information you have. I was subscribed to Seeking Alpha for a while and got a lot of good information from it. I’ll have to re-visit it.
The information you provide is amazing and I am sure that people reading through it will be grateful that you provide it. I will be checking out some of Kyle’s information at Biotech Breakouts over the weekend when I have a little more time.
It’s a great read and thanks for offering all this awesome information.
Doug
WOW! 15K to over 1mill! How could you not be impressed! I will have to check this out some time really soon and see if I can educate myself in this area. As I know nothing about this way of making money, could even a total novice understand and apply Kyle’s training Matt Thomas?
Hi Philip – great question. Kyle’s Biotech Breakouts program definitely appeals to beginners thanks to his supreme focus on education and eventual self-sufficiency amongst members. If you check out An Inside Look at How Kyle Dennis Turned $15K into Nearly $2M, you’ll find links to a handful of free webinars Kyle provides on his blog. This is a perfect opportunity for you to gain an in-depth understanding of Kyle’s strategy and how it can potentially work for you at no cost. Cheers!
To be honest, I have heard loads of great things about Kyle Dennis and Jason Bond style trading skill and I think he is quite amazing. This is one opportunity to actually test out what those techniques are and find out if it is something one to diversify into.
I have came across a lot of platforms that claim to be better – some of them great, some of them just blowing trumpets. But I think this guy can really help folk out a lot.
Hi Richard – I completely agree. Not only is Kyle Dennis one of the best traders on Wall Street, but he’s an even better teacher. His service, BioTech Breakouts, just launched less than five months ago and he’s already captured $90,000 in the Catalyst Swing Trading portfolio.
His members have been experiencing great success as well, and it’s not just because of his alerts – it’s because of his teachings. I’ve been applying his lessons on my own and the results have been great. I just recently captured over 20% on ZGNX within two weeks – a stock that was on Kyle’s watch list and I played on my own. Overall, traders of all experience levels can truly learn a lot from Kyle even though he’s only 26 years old – he’s an amazing trader.
Thank you for sharing this. This will be great information for me to get from Kyle Dennis. Being a newbie, will it be good to read his twitter, blog and Seeking Alpha writings? I really want to do something like this but am afraid I will fall flat on my face and lose money because I do not know what I am doing.
Hi Leah – it will definitely be good to follow Kyle’s Twitter, BTB Blog, and Seeking Alpha writings if you’re trying to learn more about trading in general, as well as his niche strategy within the biotech sector. Following him on these platforms is a completely risk-free approach – it’s simply an opportunity for education.
Hi, looks interesting and sounds great I’ve never thought much about this market but I am willing to find out more. Have you tried out his technique?? I would like to know from someone that has a one on one experience with it to know just how much energy and time has to go into it. But will keep coming back to stay updated. Thanks for the info.
Hi James. I’ve certainly used Kyle’s Biotech Catalyst Swing Trading approach and still do. It’s one of the most effective strategies I’ve used to date. Personally, it actually helped me turn a corner with my trading because it covers all of the most important aspects of trading – fundamental analysis, technical analysis, and strong catalysts. Overall, Kyle Dennis is one of the best stock trading educators out there (even though he’s only 27 years old).
When you dig into the biotech sector, it’s clear that it’s a volatile space. But most of the volatility centers around FDA approvals, Advisory Committee meetings, and trial data releases. What Kyle aims to do is take advantage of that volatility, but in a controlled manner. Using tools like BioPharmCatalyst, he tracks such events and looks to capture profits on run-ups into said events, but never holding through the event itself. When he finds a solid catalyst, he then researches the fundamentals of the company (cash position, how executives are compensated, etc.) and checks the candlestick charts for trends and areas of support/resistance. When all three of these areas look strong, he creates a plan and executes the trade. Overall, Kyle has perfected this niche strategy which has made him lots of money over the years.
While a service like BioTech Breakouts can shorten the learning curve and provide guidance from an expert within the sector, it still takes time and effort to learn the intricacies and gain experience within the space. Joining with the goal of blindly mirroring alerts is dangerous. The ultimate goal of every member should be to become a knowledgeable, self-sufficient trader. And that only comes to those willing to apply themselves to the educational resources like the video lessons, webinars, watch lists, special reports, etc. It’s hard to put a number on exactly how much time and energy it will take, but the best results come to those who are committed to learning as much as possible. More details on Kyle Dennis and his strategy can be found Here.