This post is outdated and no longer relevant to the direction of TradingParadigm.com.
Please utilize the following links to navigate to the most updated, relevant, and helpful content:
Most Popular Blog Post Categories:
- What is Trading Edge
- What is Trading Mindset
- What is Trade With Profile
- Become a Consistently Profitable Trader
Turning $5,000 into $25,000 is a huge money for me and I’m wondering how much time and sacrifices one would have to put into it to see such results. With my little experience in making money trading, this would certainly not come on a silver platter. But one thing I’ve gotten clearly from your article is the guide from Kyle Dennis himself and that’s what convinces me it’s possible to achieve it provided one works the system in the right approach. This is the first time I’m reading about a system like this and I’m a newbie to this stock trading concept. Thanks for the information.
The time it takes to achieve such results will vary from person-to-person. There are a lot of factors involved like time availability, dedication to learning, and even market conditions which you don’t have any control over. There are some instances where the best thing to do is not trade and simply protect capital if the market isn’t performing in the proper manner. All that being said, Kyle has grown multiple small accounts at this point – $5K to $25K+, $25K to $100K+, etc. He’s proof of the cumulative impact that consistent small gains can have on your portfolio. But keep in mind that he works extremely hard to be at the level he’s at today with his trading. We’re talking tens of thousands of hours of study, research, and screen time (actual trading). There’s no doubt that it’s hard to become a consistently profitable trader, but if you’re willing to put the work in the rewards can be substantial.
This is amazing, the amount of money you could earn is insane, and the best part you can start learning for free. Wow. I really know close to nothing about stock trading but now I have a little more of an insight thanks to Kyle and I honestly think its amazing, if you do it right it could really work out well for you.
This is a really interesting article. I have been interested in trading for a long time, but I don’t have much knowledge on the topic. Would you recommend this program to a newbie? Or would you say this program is better for someone who has already started trading? I love how Kyle is so transparent with the information he provides and his process. That is so important in maintaining credibility.
Hi Ashley – I think Kyle’s Nucleus service can be effective for both new traders and experienced traders. Those just entering the stock market are often lost as to where to begin, what to look for, how to pinpoint profitable strategies, and The Nucleus can certainly provide some direction for individuals in that position. Then there are those who have been trading for a while, but just can’t really find any sort of consistent success. They’re almost there, but missing something. And that’s where a mentor service like Kyle’s can get them over the hump. Then there are those who are profiting, but want to increase their trading skills as well as their gains. Overall, The Nucleus program can support all of these traders by presenting new strategies, teaching critical concepts, offering HD live streaming access to Kyle’s own portfolio, live Q&A sessions with Kyle during market hours, expert video lessons updated to his educational library, and much more. Members literally have the opportunity to look over the shoulder of, and interact with, a multi-millionaire trader on a daily basis – it’s difficult to even put a price on that. No other trader is currently doing what he is doing.
I LOVE BiotechBreakouts!! I have seen articles on Kyle Dennis before and wanted to comment on this specific one! Pretty interesting ways of trading and Biotech is probably one of the most profitable in short term. I’m not a pro trader but I definitely would like to get more into it when I have enough expertise and I will check Kyle’s blog out in the future again!!
Hi Tyler – Kyle has quickly become one of the best traders and trading mentors in the stock market within a relatively short period of time. And you’re on the right track – Kyle’s Blog has tons of free educational material and video lessons for those looking to get started.
Success stories like Kyle’s always seem to be made up, until you see the hard work required to achieve something like this. I’m sure, as with most things worth doing, it takes crazy commitment to achieve such results. I know of one person that had 45,000 and made 5,000,000 in 18 months using a “super-stock” system. He disclosed that he would spend 80 hours a week working on his trading. Starting out with $5,000 also seems reasonable, I think I’d like to try it out to see what happens!
Hi Ernest – you’re spot on with the commitment it takes to be successful trading stocks. Kyle’s essentially obsessed with the stock market, which explains why he’s been so successful. And his knowledge and experience can help reduce the learning curve for his students who are just getting started or looking for better strategies to pursue. Having a mentor with his work ethic, transparency, and trading results is difficult to come by. It’s really hard for me to name another service out there that comes close to competing with his Nucleus service, except Millionaire Roadmap, which was the service that catapulted his initial trading success to next-level profits (6 and 7 figure gains per year).
I also don’t really know much about trading. I like the idea of learning from someone who has clearly had success, and I’m always looking out for the best corners to get in with these types of opportunities. $5000 is a lot of money when you don’t usually invest like that, but even turning that into $25,000 sounds pretty incredible. I get that it will require work to build up, but is it something you would recommend for a super newbie? I’ll check out the e-book, too. Thanks!
Hi Sunny – great question. I think a program like The Nucleus is great for newbies due to the educational aspects and complete transparency of a proven trader like Kyle Dennis. But due to the startup costs, you have to be serious about becoming a knowledgeable, self-sufficient trader. Members shouldn’t expect to just pay the subscription fee and immediately start making money. It just doesn’t work that way. You have to be dedicated, willing to study, and apply the concepts on your own in order to achieve long-term success. It’s similar to a college education in that you get out of it what you put into it. Just because you pay to go, doesn’t mean you’ll learn anything. You have to be dedicated to advancing your knowledge of the markets in order to capitalize on profitable opportunities. In the end, the return on investment can be huge if approached correctly. Some members make back their subscription fees with trading profits within just a few days, weeks, or months.
I would love to turn $5,000 into a million dollars. Can you really start for free? What type of stocks does Kyle trade? Are they all biotech stocks? I know nothing at all about stock trading, how long will it take before I can start trading? This is very interesting and intriguing. I’d like to know more.
Hi Joe – you can certainly start learning and practicing various strategies for free. A great place to start would be with Kyle’s Biotech Trader Playbook. This ebook delves into one of Kyle’s most successful strategies called Biotech Catalyst Swing Trading. This is the strategy he teaches through his FDA Insider Alerts program.
Through his Nucleus service (which provides next-level mentorship, transparency, and results for his most committed students), he trades all kinds of stocks in various sectors that provide profit potential – not just biotechs. How long it takes before you start trading with real money is completely up to you. Some individuals jump right in before even educating themselves on certain concepts and strategies, but the best method in my opinion is to find some guidance via a mentor like Kyle Dennis, learn about his strategy, and try to employ it through Paper Trading (essentially a risk-free demo account). Once you’ve proven to yourself that you can capture gains on a consistent basis in your paper trading account and you feel comfortable with your chosen strategy, that’s when a decision can be made to switch over to a real portfolio. If you have any additional questions, feel free to ask. Take care!