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Matt Thomas

Founder of, Creator of the Trading Success Framework Course & Trading Paradigm Skool Community, and Intraday Futures Trader Using Auction Market Theory & Profiling (Volume & Market Profile).


  • Chas says:

    Hi Matt,

    I have to tell you I do find this article on Kyle Dennis quite interesting. I like to trade stocks, and I have been dabbling in it for 30yrs or more. I never did any serious trading like this as a professional trader. Let me ask you, is Kyle still accepting people for the $5,000 challenge to turn that into $25,000? That would ba a pretty awesome feat, because I know for sure, it is very hard to turn a small amount of money into an account of 5 times that amount! Like you have stated, you need $25,000 to get around the Day Trading rules. 

    I would be interested in your reply, and might consider investing in the smaller challenge for sure. 

    Thanks for bringing this to my attention.


    • Matt Thomas says:

      Hi Chas – great question. Kyle runs these small account challenges through his Nucleus Mentorship Program, which is currently accepting students. Right now, his focus is on the $100K Heist which he just started several months back. The goal was to take $10K and turn it into $100K. Currently, that account is hovering around $90K – pretty close to his goal. While some of his small account challenges are nearing the initial goal/completion, Kyle records his screen on a daily basis for members to go back and view on their own time. So new members can actually reference these recordings and study the entire journey as his accounts grow. He literally live streams his trading accounts every single day. In addition to that, I’m sure he’ll be starting up some new small account challenges in 2019, but I can’t offer a guarantee on any of the details. He can only do so many at once, but I think he has something in store for the beginning of next year. I’d suggest Following Him to see if he starts one up soon. Take care!

  • eohia says:

    I’ve never been into trading although I’ve always nursed the idea of trying it out. My fear has been falling into the hands of so called managers who may end up making you lose everything. Reading about Kyle’s accomplishments is motivating. I have never heard of him before now…If I join him, I really do hope to learn the skills of trading and ultimately make money.

  • Edwin IBU says:

    Stock trading is an avenue to make a lot of money when done well. Especially if one works hard under a mentor like Kyle Dennis. Getting a mentor in stock trading that does what they preach is really rare. Considering how much Kyle Dennis started with, it’s a massive record as he recorded great success. I like the challenge of turning $25,000 to $1,000,000 because it will validate his claim as a super star stock trader (if he’s not considered one already). I’ve googled him several occasions to know more about him and I’ve not been disappointed. I was blown away about the $15k to $1m.

  • saj says:

    I like the fact that Kyle Dennis accepts students with even 5k account start with. And he sounds genuine. Most people do not have 25k+ in their bank/trading account. So I am planning to take on the challenge with him with a deposit of 5k in brokerage and hopefully it grow it to over 100k with his advice and guidance. Hopefully I could re-invest the profits and continue on to 1m after that.

    • Matt Thomas says:

      Hi Saj. Not many public traders and educators like Kyle are willing to take small accounts and grow them exponentially like he has done multiple times now (all live streamed during market hours for complete transparency). The reality is that it’s really hard to grow small accounts, but having a mentor like Kyle can provide the edge necessary for individuals willing to put the time and effort in to be successful at it. Back when he first launch Biotech Breakouts, he was trading with a relatively large account (around $200K), which is difficult for the average trader just starting out to relate to. So recently, he chose to open up a couple smaller accounts to show his subscribers and followers exactly how he would do it. Since then, he’s made about a million dollars trading with those smaller $5-25K accounts.

  • Junior says:

    Kyle Dennis’s site is one site I have never read like that before..the way Kyle explaining his success process as a mentor sound to good to be true. My question is how comes this money grow so fast? i believe in success all sort but this one need a try to talk more about it.

    • Matt Thomas says:

      Hi Junior – great question. Kyle’s trading success is a direct result of the cumulative impact of repetitive action. What I mean by that is he puts an unbelievable amount of time and energy into researching, studying, developing strategies, executing them himself and also teaching them to others. But he didn’t get to the level he’s at right now of making thousands of dollars per day overnight. It took him years of hard work to get there.

      He started just like most other prospective traders – with a relatively small account ($1,500) and scrambling to find mentors and communities where he could learn as much as he could about the markets. He eventually saved up more money for a larger account ($15,000) and started to take trading more seriously. After that, he certainly experienced some growing pains, losing nearly half his account, but since then has generated millions in cumulative profits. He had a couple years of profits in the $30,000-50,000 range, which eventually catapulted to the high six figures in 2015 after joining Millionaire Roadmap. Since then, he has surpassed $1,000,000 in trading profits every single year.

      There are a couple reasons why it took more time and his account grew slower at the beginning of his journey. First and foremost, he was a beginner just like everybody else at one point and had to learn about all kinds of trading concepts and methods. Education is critically important when it comes to trading, which is why solid mentors, communities, and training programs can be so valuable. It’s also much harder to grow a smaller account in general. You don’t have as much to allocate to positions, so your profits will be smaller. Broker commissions also eat into profits more as opposed to a larger account. And you’re somewhat limited in the strategies you can pursue, both due to a limited portfolio size and lack of knowledge/know-how.

      Once Kyle started building up his account into the six-figure range, it opened up a ton of doors for him in terms of different strategies he could implement, which he likes to call his “profit buckets”. So as both his trading account and knowledge account grew, it became much easier for him to continue on with his success and experience even greater profits over time. Overall, it took a massive amount of commitment, discipline, and education to get to where he’s at today. And there’s nobody else out there that I know about offering the quality of mentorship and complete transparency that he is. Not everyone will experience the success that he has, but not everyone is willing to put that kind of effort and time into trading. That’s what it takes to become a consistent, self-sufficient, multi-million dollar trader.

  • Furkan says:

    I really like that Kyle started a new account and decided to do it all over again. I also read the testimonials and I quite like them. But I want to ask that I am actually not passionate about this. I just want to make money with trading. Do you think that I will be successful with it?

    • Matt Thomas says:

      Hi Furkan – Kyle has proven that he can grow many different sized accounts, which is extremely beneficial for members starting out in the $5-25K portfolio range. For example, the $25K account he opened roughly 7 months ago is already up well over 1000%…and that’s not a typo. It’s sitting at around $400K in value at the moment. There’s no other stock trading mentor out there growing small and medium-sized portfolios at the request of members and having as much success doing so as Kyle Dennis is.

      But to answer your question about having a passion for trading, it definitely helps in order to be successful at it. It’s hard to generate consistent profits when your priority is solely money. It seems counterintuitive, but focusing on the money typically generates less of it for the individual trader. But focusing on the process – studying, researching, creating trade plans, and following your strategies with discipline are what generates consistent profits. It’s not that it can’t be done, but all of the most successful traders I’ve come across are extremely passionate about the process. The money and lifestyle freedom is just a byproduct of pursuing that passion and following the right process on a daily basis.

  • Dave says:

    I have been a huge fan of stock trading but I have to admit that things have not been going so well for me. I have heard of Kyle Dennis before but I never thought he was this great at trading. I am surely going to look into his training programs to get more insights from him. Thank you very, very much for helping me understand the program. I really appreciate it.

  • Tyler Redlev says:

    I have heard about Kyle Dennis before and I also feel the urge to mention that I have been visiting your site pretty frequently. I’m well aware of the achievements of Kyle Dennis and his Biotech Breakouts newsletter is definitely worth trying. Thank you for introducing me to this great service!!

  • Eli says:

    Hello there, Well here we go. I have been in the trading game before many years ago and it didn’t pan out well. From the article it seems though that this young man knows what he is doing. The question for me is always risk vs profit and I would put the question: if I put 5000 dollars what would be a verifiable way to really check if this works. Trading/investing is pretty much the only way to make money these days but there’re many sharks out there who prey on the weak. So let me know please. Thanks, Eli

    • Matt Thomas says:

      Hi Eli – if you want a verifiable way to see if Kyle’s biotech trading strategy works, then I recommend checking out his Blog. Within it, he offers quite a few training modules and webinars covering his approach in detail. You may also want to read his Biotech Playbook. Armed with that knowledge and information, see what you can do with a paper/virtual account. That’s a risk-free approach that can be taken in order to see if it’s a good fit for your portfolio size, lifestyle/schedule, personality, etc.

  • Chase says:

    This sounds like an amazing opportunity to be able to learn by actually watching someone trade. I have tried countless times to get into the trading game, but never know how to approach it – even after reading a few articles! Watching someone on a live-stream doing their own hands-on work is such an amazing learning tool. To Actually see the process!!! I know $25,000 is ideal to start with, so I appreciate an option for $5,000. But what about those with even less – does the success rate drop when someone starts with less than $1,000?

    • Matt Thomas says:

      Hi Chase – that’s a great question. I don’t have any hard data on success rates for those starting with $1,000 or less, but it’s definitely much more difficult to start with that amount of money than a few thousand or so. Even a $5,000 account can be quite difficult to grow. And there are a couple big reasons for that.

      One, commissions eat into your profits at a much higher percentage than if you have a larger account. For example, let’s say you pay $5 in commissions per trade (which is charged on both the buy and sell, so $10 total). On a $1,000 account, 1% of your portfolio is going toward commissions on each trade. Those costs can add up when you’re making multiple trades per week or even per day depending on the circumstances. And it’s an uphill battle when your trade has to go up at least 1% just for you to break even on it. On a $25,000 account however, $10 per trade for commissions is only .04%. At this level, commissions start to become much less of a factor. And the higher you go into the $50,000, $100,000, $200,000 or higher ranges, commissions pretty much become negligible.

      In addition to that, you have to deal with the Pattern Day Trader rule, which essentially limits traders to 3 or fewer day trades within a 5-day rolling period on accounts under $25K. This can leave you in a position where you’ve pinpointed opportunities, but can’t capitalize on them due to restrictions on your account. Some traders have their ways of getting around it (opening multiple accounts, trying to buy towards the close and sell at the open the following day, etc.), but nonetheless, it’s a factor that needs to be dealt with.

      Overall, it can be hard to make real money in relatively short periods of time with such a small starting portfolio. On a percentage basis, you can have great results, but it might not produce that much of a dollar return (in the grand scheme of things). Many traders work extremely hard to capture 100% returns, 200% returns, etc. each year, but doing that with a $1,000 portfolio will only produce $1-2K. That’s a lot of hard work for such a small payout. Don’t get me wrong, a couple thousand dollars is a lot of money, but it’s not an income most people can live off of even for a month or two. Then you’d have to have those same 100-200% results or better to crack the $5K mark, then even better to crack the $25K mark. It can take a handful of years of extraordinary returns just to get to a point where some significant money can be made over the course of a year. Some traders are able to do this, sure, and it certainly doesn’t hurt to start out small as a beginner, but the bottom line is there are quite a few barriers to climb with small accounts ($1,000 or less).

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