How Did Kyle Dennis Make Over $1,000,000 Trading Stocks in Less Than 3 Years?
Kyle Dennis joined the Jason Bond Picks community in November 2013 and has since been able to parlay a modest $15,000 portfolio into over $1,500,000 – that’s no small feat for a 26 year old former Real Estate Acquisitions Analyst. You may be wondering how he was able to achieve such massive profits in so little time, and I’m here to share with you one of his most effective strategies – so let’s get down to business.
Taking Advantage of the Most Explosive Sector on Wall Street – Biotechnology:
Over the course of the past five years, the Biotech sector has drastically outperformed the rest of the market – the IBB (Biotech ETF) has increased by roughly 200%, while the SPY (S&P 500 ETF) has increased roughly 100% during that same time. Fresh out of college with a degree in Biology from UCLA, Kyle’s background in science made his high-level of interest in the Biotechnology sector a no-brainer.
Over the past few years, he’s quickly become an expert in the space – and he made that pretty clear with his massive trading profits. But how exactly did he find the right stocks to trade and enter them at the most opportunistic times? In other words, what’s his secret?
How To Find the Best Biotech Stocks to Trade – BioPharmCatalyst.com:
In a nutshell, here’s how Kyle Dennis’ favorite trading strategy works. He finds biotech stocks with the most attractive upcoming catalysts (phase 1/2/3 clinical trial data releases, PDUFA dates, AdCom meetings, conferences, etc.) and captures profits from a potential run-up into those events. If this sounds confusing, trust me, it’s really not once you get the hang of it.
When a small company is developing a drug that can conceivably generate billions of dollars in revenue if it works, there’s no doubt that speculation can build in the weeks/months leading up to certain events. These 10%, 20%, 50%, 100%+ moves are exactly what Kyle Dennis is looking to capitalize on – before the data even comes out or the event even happens. Catalysts with exact dates reduce the risk of having to hold your position through the event itself, which can have an extraordinarily positive or negative result on share price.
He finds these biotech stocks with massive upside potential due to upcoming catalysts through a tool called BioPharmCatalyst.com.
Learn Kyle’s Exact Approach With These Free Webinars on His Blog:
If you’ve never heard of Kyle Dennis or are skeptical of his strategy, you can check out his entire approach on His Blog. In addition to sharing the occasional watch list, special report, and video lesson, he also provides detailed 15-30 minute videos that go over his Biotech Catalyst Swing Trading strategy from start to finish. Here are several of the best videos for beginners:
- Strategy Video and Services
- Catalyst Trading and Charting Webinar – Part 1
- Catalyst Trading and Charting Webinar – Part 2
- Catalyst Trading and Charting Webinar – Part 3
- Link to All Blog Posts
It’s Time to Take Advantage of Kyle’s Biotech Catalyst Swing Trading Strategy Yourself:
After turning his $15,000 account into a $1,500,000 one utilizing the catalyst-driven methodology Jason Bond teaches and pairing that with his supreme interest in the Biotechnology sector, Kyle Dennis recently launched his own stock trading educational service called BioTechBreakouts.com.
The service has three different membership options – Biotech Catalyst Swing Trading (short-term), Biotech Investor (long-term), and Biotech Nucleus (an all-inclusive mentor service). The primary focus of this newsletter is education as Kyle hopes to turn his students into highly profitable biotech trades/investors by teaching them his effective concepts and allowing them to apply them on their own.
|Millionaire Jason Bond Picks Client, Kyle Dennis, Launches His Own Newsletter|
|3 Ways to Follow and Learn From Kyle Dennis (Millionaire Trader) For Free|
Scanning for potential catalysts is just the start of Kyle’s research into each trade he makes. He also analyzes insider activity, company history, analyst reports, short interest, offerings, stock splits, and technical chart analysis. His affinity for due diligence puts his income-potential far ahead of other individuals who are flailing and failing on Wall Street.
Through detailed watch lists, timely market updates, educational video lessons, frequent webinars, Q&A sessions, live trading opportunities, and real-time alerts via text & email – Kyle Dennis can teach you to do the same.
Written by Matt Thomas (@MattThomasEST)
Related Pages:
- How to Turn $15,000 into $1,000,000 Trading Stocks in Less Than 3 Years
- Interview With Kyle Dennis – Jason Bond’s First Verified Millionaire Student
- Millionaire Roadmap Client on Pace to Hit $1,000,000 in Trading Profits
- Jason Bond Picks Mentor Service – The Millionaire Roadmap
- My Portfolio is Up Over 23% Since Joining Jason Bond’s Millionaire Roadmap
It’s great that he found a way to successfully trade and invest in a field that he loves. I’m sure it doesn’t feel like work for him to research upcoming drug releases to capitalize on. And biotechnology benefits us all. Advancements in that field changes lives. Also cool that he offers his own blog to teach other people how to share in his success.
I completely agree, Nicole. I think much of Kyle’s success has to do with the fact that he’s so passionate about the biotechnology sector. It helps him have an edge when it comes to the research process and that’s critical in the stock market. It’s also great, as you mentioned, that he offers so much free content for beginners.
I was never a trader and now I wish I had been.
Stocks are not something I know a lot about but after reading this it might be wise for me to learn. Biotech research is obviously not something I know much about. But to earn that kind of money would be worth a look at.
How long does it take to learn about trading? This is all new to me! You obviously know a lot about trading and how to make money. It sure would be nice to get started because it’s never too late, right?
Hi Rob – great questions. The learning curve will vary from person-to-person based on availability, dedication, etc. But it doesn’t usually take too long to learn basic concepts and strategies. Students can typically get a good handle on the research process and overall approach within a couple months or so. The hard part is cultivating the Proper Mindset. Most people are naturally bad traders – plain and simple. They’re impulsive, irrational, and biased. As a result, psychology plays a huge role in the markets. It can take a long time to overcome these human tendencies, but the reward is massive for those that can. In my opinion, mindset is the most critical aspect of trading. Some of the best trading strategies are rather simple in theory, but the proper execution of that strategy relies on your ability to stick to the plan and be disciplined in your approach.
I must say that I am impressed with the work of this man. Earning such big money is not easy at all and it definitely can’t be done by just anyone. I also heard about biotech stocks but I did not know that it could be so profitable. I think that I will give it a try soon but I am not expecting such big money.
Hi Daniel – you certainly have the right attitude going into it. Expecting to do what Kyle did turning $15K into nearly $5 million at this point takes a ton of hard work, discipline, and dedication. So many newcomers to trading think they can achieve this type of success virtually overnight, but they have no idea the amount of time and effort Kyle has put into his trading operations. It was far from immediate success and it took him a few years to really get the ball rolling. In fact, he lost about half of his $15K portfolio at the start before building it back up. Overall, I think it’s critical that beginners temper their expectations because it truly takes time and experience to achieve self-sufficiency and consistent profitability in the stock market. Everyone’s journey is different, but those who tend to focus on the educational aspects, developing the proper mindset, and building up their skills at a steady pace typically experience the best long-term results.
Turning 15k into 2M is a substantial increase and as I have been beginning to invest in stocks myself I am still very new to this kind of thing and I am very eager to learn.
I found your article very beneficial and extremely informational as far as trading biotech stocks goes. Thank you
Aaron