After all, Syd has worked as a real estate and alternative investment advisor for almost thirty years. He currently owns five companies, has three published books, and recently founded his own crowdfunding platform.
If that were not enough, Syd has been married for twenty-eight years. He and his lovely wife have five boys and ten grandchildren. In other words, Syd is a very busy man.
So the question is; how could someone as busy as Syd possibly find time to trade stocks?
Well, it’s possible. And Syd Chase is living proof that no matter how busy we are, we can find time to do what is most important to us. Put another way: what we prioritize is what gets done.
In spite of all his other activities, Syd has been trading stocks for the past ten years. Although he has done reasonably well, he recently decided it was time to tune up his trading skills now that his sons are taking over management of the family businesses.
“Being over 50-years-old, I see trading as a way to make extra money towards other investments, travel, and retirement. Also, fine-tuning my skills now will help later on down the road when I decided to retire fully,” he says.
Syd Chase has worked in the real estate and alternative investment industry for the past twenty-eight years. He owns five companies, has published three books, and runs his own crowdfunding platform. Although he has been trading for over ten years, Syd decided it was time to fine-tune his skills now that his sons are taking over his companies, and as he approaches retirement.
Myrtle Beach, South Carolina
Real Estate Investment Advisor
Jason Bond Picks
When asked about his primary motivation, Syd said, “For me, it’s all about becoming a much better trader. And adding another stream of income. After talking with, and subscribing to other trading services, I quickly realized that Jason, Jeff, Nate, and the other moderators were the best and most honest out there. They truly care and want every one of their students to win,” he says.
At a recent members-only event, RagingBull’s Jeff Bishop got a chance to talk with Syd about how and why he got started with Millionaire Roadmap.
Jeff:“What made you decide to take the leap and what do you think since you joined?”
Syd:“The reason I took the leap was mostly because I have other people now running the company, so I have more free time to trade. The reason I went with Jason’s. I looked at a lot of other people, but I went with Jason because he and I come from the same hometown. So, I felt that I could somewhat trust him, and I was able to do a little research on him because there’s a circle of people we both know. I felt comfortable with him. That’s why I joined his service first, and then I went into the Millionaire Roadmap one.”
Jeff:“In your earlier days of training, was there something in particular you found difficult that you’ve been able to overcome that you think other traders struggle with?”
Syd:“Knowing when to cut your losses. I really had a struggle with that. I kept thinking; it’s going to go up sooner or later, I’ll just hold it. I wasn’t doing options then, I was doing straight stock buys. But then, talking with Nate on private chat a lot, he helped me get through. Look, when it hits the target, you’ve got to get out, either way, up or down. So, that’s been very helpful.”
Jeff:“I find that’s the biggest thing, is knowing when to cut losses. It’s easy to say just let your winners run farther than your losers, but actually putting it into practice is tough. “
Jeff:“You’ve got a good plan getting into it, and now you’ve got to get out.”
“I see trading as a way to make extra money towards other investments, travel, and retirement. Fine-tuning my skills now will help later on when I decide to retire fully.”
When asked how Millionaire Roadmap is working out for him so far, Syd said, “The first few months are always rough, but you’ve just got to stick with it. Keep your losses as small as possible and use Jeff, Nate and Jason as a sounding board, then any other monitors that are in the chat room. They are very helpful, and they’ll get you through it.”
With regards to actual profits and a return on his investment in MRM, Syd told us, “Well, I started with Jason’s smaller package. Then, after meeting Jeff and Nate, I upgraded to Millionaire Roadmap and went to one of their one-day trainings to meet the traders. It was very helpful to understand how they think. In the last month since then, I’m up $14,000!”
“After looking around, and trying other stock groups, I decided to go with Jason Bond’s MRM. My reason was simple. Jason, Jeff, and Nate showed upfront everything they were trading live. They also took time to help me one on one.”
When we see traders who are locking in significant gains, we often ask what they are doing to achieve those particular results. This helps us stay on the cutting edge of what’s working, right now. Then, we can pass this up-to-the-moment information on to other members of the Millionaire Roadmap community, so they can “model” what’s working.
Here’s what Syd recommends to new traders; “Patience, Patience. Take time to read. Watch all the video material the mentors provide over and over. Then, start paper trading until you can double your account. Also, be in the chatroom daily. Within a few months, maybe less, you’ll be impressed by your progress. If you’re not doing well, ask questions. The chatroom is there to help you make money. Soon, you’ll find the strategy that works best for you.”
“I upgraded to MRM and went to one of their 1-day trainings to meet the traders. This was very helpful to understand how they think. In the last month since then, I’m up $14,000!”
As of this writing, Kurt Warner is one of only two quarterbacks to win the Super Bowl in their first season, as a starter. The other one is Tom Brady.
When it comes to winning more often, Kurt once said, “The bottom line is about your technique. The little things. Fine-tuning what we have to do. No matter who is out there, maybe they’re not going to be as good as the starters, but the bottom line for us is to make sure we’re doing the right things.”
To consistently win as a stock trader, you need to make an ongoing commitment to fine-tuning and improving “your trading game” in each area.
Syd Chase has made this kind of commitment to himself. My goal is to add another stream of income for myself and my family. I see trading as a way to make extra money towards other investments, travel, and retirement. Fine-tuning my skills now will help me later on when I decide to retire fully. I plan to do this by taking one day at a time, never chase, cut my losses quick and let my winners run.”
Do you have a Raging Bull success story to share?