Or, did you know that 1,191 of the billionaires on the list are self-made? I found that pretty surprising, since I assumed that most of the people included would have come from wealthy families and inherited their money. And yes, there are 230 billionaires on the list who were born rich, but they’re outnumbered nearly six times over by their self-made colleagues. Continue reading →
What an INCREDIBLE honor it was to be interviewed by the legend himself, Larry King…I hope you enjoy the video below and come away with a better sense of who I am and my goal in life…to create more millionaire trading challenge students and get more people changing their lives/growing their account exponentially instead of the standard thought that 20%/year is best case scenario.
Larry: My guest is Timothy Sykes, the multimillionaire stock trader and entrepreneur. Timothy invested his $12,000 Bar Mitzvah money, which is about $11,500 more than I got, in penny stocks, making his first million in his college dorm. In addition to coaching students online and in seminars, his high-roller lifestyle on social media has attracted hundreds of thousands of followers. Less than a year ago, he kicked off his nonprofit, The Timothy Sykes Foundation, which aims to raise more than $2 million in 2015, for what? Continue reading →
A few weeks ago, I wrote an article on “117 Rules That Made Me 117% In 117 Days” to celebrate the fact that the latest brokerage account I open has grown by 117% since I opened it on February 2nd, 2015.
I’m really proud of that little Etrade account, see all my brokers here. I started small – with just $30,000 – and now, it’s sitting at more than $115,000. What I love about the account is that it proves anyone – anywhere – can make money, even if you’re starting with a small amount of money. Continue reading →
Just because the markets are crashing doesn’t mean there aren’t great trading opportunities right now, hell, I made nearly $5,000 this morning on a solid trade, and have been safe, not to mention have kept my students safe in these dangerous times since I warned of a stock market crash this week last Friday saying “there’s a real possibility of a crash next week so I’m playing this safe, basically a scratch…trade extra-safe in this market, remember the bull market is 6+ years old, we’re due for crash or at least consolidation & most happen in Sept/October” Continue reading →
With the US stock markets suffering their worst drop in years last week, I know a lot of you are panicking. And I know you’re panicking because you’ve been sending me emails freaking out about whether all of this – not to mention the fact that most of the big & popular companies mentioned daily on CNBC are down – means that stock trading is over.
In today’s video lesson HERE I talk about risk, and this is a stock trading blog, so we’ve got to talk about risk tolerance, right?
Risk tolerance is a big buzzword for most financial companies. Hell, take a look at the picture below. That’s the landing page for E*TRADE’s Online Portfolio Advisor system. And you can see, right there in Step #2, that this program is going to take your risk tolerance into account.
It’s right there – it’s one of the first things E*TRADE tells you that you need to think about when you’re opening an account: Continue reading →
"I'm a 29 year old single mother of two. I do not have a regular 9 to 5. I am currently day trading as a living. Prior to discovering Timothy Sykes I played around with a couple other mentors and penny pick sites. Sadly not being taught the basic fundamentals I lost $5500-Terrible! I found Tim's website in May and now I'm up 50k learning from Tim Sykes. I am extremely grateful for Tim, he is the truth hands down!” - Asheya Burton
Learn How I Turned $12,415 into $4,305,000 Trading Stocks