In Honor Of My $3,000 Profits Today

In Honor Of My $3,000 Profits Today, Here Are 3 Pieces Of Homework

Lately, I’ve been averaging roughly $2,000/day in profits, which is fine by me, as you might recall from this video I made while in Thailand saying that just $500 to $1,000 in profits per day was good enough for me to keep the real job away:

Download the key points of this post as PDF.

…but the penny stock market has been on fire this month, so I’ve capitalized all while trading in this rather amazing office with a view with several of my top trading challenge students:

And today, for the majority of the day, I was content to make my typical $2,000ish in profits, just like yesterday’s, as I reviewed here:

…despite getting a bit too greedy on my morning play and wasting half the profits there — and I’ll do a video lesson this weekend on all the details, but late day a trade just popped up out of nowhere and thanks to my awesome penny stock brokers, the shares became available so I struck and now I’m sitting on roughly $3,000 in profits today…so in that honor I’m giving you 3 homework assignments for this weekend:

1. Watch this ENTIRE guide, and for a second or third time if you must, as I get far too many questions about how to find the best penny stocks, how to plan a trade, what indicators matter, etc….too many of you are simply not doing your homework ahead of time so I’m going to call you out on that as the weekend is a GREAT time to catch up!

2. Watch this webinar I just posted:

It’s a solid, solid, solid webinar reviewing all the basics and it’s how top students like this guy and this young man, too are making six and seven figures in this current market environment, so please watch this webinar and take notes as I want more millionaire students!

3. And your third homework assignment is to go have some fun with your friends and family as it’s summa summa summa time so it’s okay to take some time off and just sit back and unwind. There is more than enough time over the course of your life to study hard and work hard, but summers are a bit slower for trading, and I think they should be a bit slower for studying too so you can go outside and enjoy the nice weather no matter where you live and get some quality time in with those you care most about…because when there are more plays and when it’s not so nice out you will have NO excuse not to study your ass off and REALLY get better with your knowledge and your trading!

PS But for those of you who are addicted to studying, you can always review these classic video lessons too and I appreciate your dedication as giving this your all is key to your eventual success…remember that ANYBODY can do this from anywhere in the world, but you need to be prepared and sadly most people risk their hard-earned money without doing their homework ahead of time and so their odds of success are lower on every single trade…don’t let that be you!

And, if you don’t want to risk your hard-earned money while you’re studying and practicing then definitely go here and use the PaperMoney feature so you can practice using fantasy cash and even though you don’t get the full emotional and psychological education you would trading with real money, it’s a good start to help you get more comfortable with all the penny stock volatility, up and down, on longs AND shorts that this niche has to offer!

Posted in Hard Work

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59 comments

Timothy Sykes

Hey Everyone,

As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!

Which is why I've launched my millionaire challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.

So when you get a chance make sure you check it out.

PS: Don't forget to check out my free Penny Stock Guide, it will teach you everything you need to know about trading. :)

  1. Melissa

    I have to say, I don’t comment nearly as much as I should on your blog posts, video lessons, and webinars, leaving the awesome comments you deserve for taking the time to teach us all, but how fast you just made this blog post impressed me! You’re awesome at what you do and your blog posts are always informative and inspirational and it takes you just a couple minutes to teach us great lessons that many wouldn’t learn in years! Thank you for all your time and all the work you put into making other people successful!!

  2. Eric

    Study everything but don’t burnout, and don’t sunburn in Fiji either … Hell, you can study videos on the beach in Fiji. Once you get to the point you feel you can make remotely consistent profits, you can relax a tiny bit .. Always remember though, no rest for the wanna be wealthy … Wealth, and Health are better than just being rich… Wealth is a state of mind, riches can be here today gone tomorrow. So save up, study up, and sober up … With this version of SSS, you will understand traderchecklist.com much better.

  3. Michael Griffin

    Thank you VERY much I will put some time in this weekend. I just wanted to thank you for giving me a chance to study your material and become more self sufficient. I would love to get a home ,pay off a
    car and set up some retirement funds so I don’t have to worry every day. I would love to go to the
    Dentist knowing that I could pay for the work needed also I just want some freedom and security in life.

  4. Loren Shirk

    Sykes, I love your style and content! You remind me of when I was a kid. My problem has never been becoming a millionaire, my problem has always been keeping it! LOL. So goes the game. Really enjoying being part of your program, and looking forward to seeing you at the Orlando conference!

  5. Clovis

    All I can say is thank you for pushing everyone to their best performance. I have been in the challenge for about two weeks and the amount of information is crazy. I hope to make it as I study before I start trading. Thank you Tim for all the insights, you are awesome.

  6. Scott T

    “1. Watch this ENTIRE guide, and for a second or third time” -Would be my 4th time watching through TraderChecklist 🙂

    Good Post!!!, Thanks Tim

  7. Victor J. Siever

    2K a day!!!!! I will be there someday….awesome lessons…love the transparency…currently paper trading….closed up 98.00 from AEZS papertrade on the 19th 15% gain…you da man Tim!!!! Look forward to trading with you live….

  8. Louis Horvath

    Thank you, Timothy Sykes

    6:am here in La La Land. Always enjoy reading your blog posts. Now it’s time to study for 1hour before I begin my other business which starts 8am. One good habit I pick up is getting up at 5:am everyday watching your video, DvD’s and reading your alerts in the chat room, and blogs help me become a better student not profitable yet but taking time building knowledge account for 1-2 hours a day for the last 6 months. This good habit has change my life and I can finally, see myself sitting outside my hotel room looking at the beautiful views of the ocean in Europe, Thailand, Australia Etc…. Thank you, Louis Horvath

  9. Tom Washington

    Great post Tim … again. Awesome! Thank you, thank you, thank you, for keeping it real. Looking forward to Orlando.
    Carpe Diem
    Warmest regards
    Tom the coach :-))

  10. seth

    2K a day is definitely enough! I am a new (day 3) challenge student living in Thailand (Born in NYC) – and I love this!!!! I have just cleaned through reading all 11 chapters of Penny stocking 101 book and am doing some videos, my profit.ly user is ssscud (an old quake deathmatch name) and I look forward to learning with you all,

    God bless and if you are in Hua Hin Thailand playing golf let me know!

    Seth

  11. Bella

    Tim, you’re an inspiration! And yes I really really admire your enthusiasm to teach others & definitely for keeping it real! We’re same in age so I definitely feel I can relate to you and have hope that one day, I too can become a millionaire !!

  12. Alison J

    Love this! I’ve been watching and learning almost non-stop to make that $2k a Day! Now back to your DVDs 🙂

    Thanks Tim!

  13. Travis McReynolds

    I echo Melissa’s comment. It is so apparent and undeniable that you have literally dedicated your life to us, your students. I am confident that the majority of us who are as dedicated as we possibly can be are eternally grateful to you. WE KNOW the time and energy you spend on doing what you do for us, not to mention your own trading career, your AWESOME charity work/generosity and your personal life. From our hearts, we thank you Tim Sykes.

  14. Matt Barger

    Actions speak louder than words, financially tough times right now so I can’t make it to your live events but I am studying, studying, studying, and soon enough I will be one of your top, up and coming students!! Like I said “Actions speak louder than words” so over time I will prove my dedication and It will show in my results! Thanks Tim

  15. Pingback: You WILL Study These Videos This Weekend...Or Else - Timothy Sykes

  16. De Wayne J

    How do I subscribe to this blog or something so that I can read this when you drop it?

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