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Success Stories

The 50 Best Motivational Quotes

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Written by Timothy Sykes
Updated 2/2/2021 7 min read

In the middle of his webinar to my other trading challenge students, I just posted this photo of my top challenge student Tim G. who has now turned $1,500 into $2.7 million since becoming my student 4 years ago:

tim g 17

Hopefully that photo and his performance can inspire you and show you what’s possible with penny stocks…in case you missed my post yesterday, here’s the truth about penny stocks — yup, they’re risky, but they can also make you rich…especially once you apply my time-tested trading rules.

Download a PDF version of this post.

Here’s his journey from $1,500 to $1 million in a nutshell:

Use these motivational quotes below to hep inspire you to study hard!

Whenever I need just a little bit of motivation to get me through the trading day, I often look to different quotes. Here is part one of a list of 100 of the best quotes from this article on the Huffington Post.

  1. If you want to achieve greatness stop asking for permission. ~Anonymous
  2. To live a creative life, we must lose our fear of being wrong. ~Anonymous
  3. If you are not willing to risk the usual you will have to settle for the ordinary. ~Jim Rohn
  4. Take up one idea. Make that one idea your life – think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success. ~Swami Vivekananda
  5. All our dreams can come true if we have the courage to pursue them. ~Walt Disney
  6. Good things come to people who wait, but better things come to those who go out and get them. ~Anonymous
  7. If you do what you always did, you will get what you always got. ~Anonymous
  8. Just when the caterpillar thought the world was ending, he turned into a butterfly. ~Proverb
  9. Successful entrepreneurs are givers and not takers of positive energy. ~Anonymous
  10. Whenever you see a successful person you only see the public glories, never the private sacrifices to reach them. ~Vaibhav Shah
  11. Opportunities don’t happen, you create them. ~Chris Grosser
  12. Great minds discuss ideas; average minds discuss events; small minds discuss people. ~Eleanor Roosevelt
  13. I have not failed. I’ve just found 10,000 ways that won’t work. ~Thomas A. Edison
  14. No one can make you feel inferior without your consent. ~Eleanor Roosevelt
  15. The whole secret of a successful life is to find out what is one’s destiny to do, and then do it. ~Henry Ford
  16. If you’re going through hell keep going. ~Winston Churchill
  17. The ones who are crazy enough to think they can change the world, are the ones that do. ~Anonymous
  18. The meaning of life is to find your gift. The purpose of life is to give it away. ~Anonymous
  19. The distance between insanity and genius is measured only by success. ~Bruce Feirstein
  20. When you stop chasing the wrong things you give the right things a chance to catch you. ~Lolly Daskal
  21. If you can’t explain it simply, you don’t understand it well enough. ~Albert Einstein
  22. Blessed are those who can give without remembering and take without forgetting. ~Anonymous
  23. Life is not about finding yourself. Life is about creating yourself. ~Lolly Daskal
  24. Nothing in the world is more common than unsuccessful people with talent. ~Anonymous
  25. Your problem isn’t the problem. Your reaction is the problem. ~Anonymous
  26. You can do anything, but not everything. ~Anonymous
  27. There are two types of people who will tell you that you cannot make a difference in this world: those who are afraid to try and those who are afraid you will succeed. ~Ray Goforth
  28. Thinking should become your capital asset, no matter whatever ups and downs you come across in your life. ~Dr. APJ Kalam
  29. The starting point of all achievement is desire. ~Napolean Hill
  30. You may only succeed if you desire succeeding; you may only fail if you do not mind failing. ~Philippos
  31. The only place where success comes before work is in the dictionary. ~Vidal Sassoon
  32. The best reason to start an organization is to make meaning; to create a product or service to make the world a better place. ~Guy Kawasaki
  33. The function of leadership is to produce more leaders, not more followers. ~Ralph Nader
  34. Success is liking yourself, liking what you do, and liking how you do it. ~Maya Angelou
  35. As we look ahead into the next century, leaders will be those who empower others. ~Bill Gates
  36. The first step toward success is taken when you refuse to be a captive of the environment in which you first find yourself. ~Mark Caine
  37. Whenever you find yourself on the side of the majority, it is time to pause and reflect. ~Mark Twain
  38. Take up one idea. Make that one idea your life — think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success. ~Swami Vivekananda
  39. Develop success from failures. Discouragement and failure are two of the surest stepping stones to success. ~Dale Carnegie
  40. You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something – your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life. ~Steve Jobs
  41. Success does not consist in never making mistakes but in never making the same one a second time. ~George Bernard Shaw
  42. I don’t want to get to the end of my life and find that I lived just the length of it. I want to have lived the width of it as well. ~Diane Ackerman
  43. You must expect great things of yourself before you can do them. ~Michael Jordan
  44. There is no chance, no destiny, no fate, that can hinder or control the firm resolve of a determined soul. ~Ella Wheeler Wilcox
  45. To be successful you must accept all challenges that come your way. You can’t just accept the ones you like. ~Mike Gafka
  46. Success is…knowing your purpose in life, growing to reach your maximum potential, and sowing seeds that benefit others. ~ John C. Maxwell
  47. To accomplish great things, we must not only act, but also dream, not only plan, but also believe.~ Anatole France
  48. Fortune sides with him who dares. ~Virgil
  49. Failure is the condiment that gives success its flavor. ~Truman Capote
  50. A man can be as great as he wants to be. If you believe in yourself and have the courage, the determination, the dedication, the competitive drive and if you are willing to sacrifice the little things in life and pay the price for the things that are worthwhile, it can be done. ~Vince Lombardi

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Timothy Sykes

Tim Sykes is a penny stock trader and teacher who became a self-made millionaire by the age of 22 by trading $12,415 of bar mitzvah money. After becoming disenchanted with the hedge fund world, he established the Tim Sykes Trading Challenge to teach aspiring traders how to follow his trading strategies. He’s been featured in a variety of media outlets including CNN, Larry King, Steve Harvey, Forbes, Men’s Journal, and more. He’s also an active philanthropist and environmental activist, a co-founder of Karmagawa, and has donated millions of dollars to charity.
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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”