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How I Passed $10 Million …

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Written by Timothy Sykes
Updated 2/28/2024 6 min read
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Stock trading is attractive because of the opportunity for a massive lifestyle switch.

One day someone is driving to their office that’s 30 minutes away. And the next, they could be out in Asia trading stocks with remote Wifi.

That’s just an example … Understand that market profits don’t come easy.

Here’s the reality, at the end of the day: Trading stocks CAN offer realistic opportunities to pad our wallets.

  • You don’t need to quit your day job.
  • You don’t need to travel around the world.
  • You don’t need to make $1 million this month.

Just focus on taking the pressure off.

People get caught up trying to buy a Lamborghini with their trade profits.

Take it from me … I did it. And the Lamborghini wasn’t fulfilling. It was actually a huge waste of money.

I hate that this picture is still online but here you go lolol:

© Millionaire Media, LLC

I don’t own any cars anymore. I sold them all.

Once I started to make money in the stock market. I came to a very important realization.

The cars, the big houses, the women, the nice clothes, it’s all a distraction.

My dream is to make the world a better place. My dream is to show people LIKE YOU that a simpler life is possible.

Most people are passionate about their families. Trading can give you more time to spend with the people that you love.

One of my most successful students, Tim Grittani logged $13.5 million in trading profits and then “retired” to spend time with his new family.

Here’s how he did it …

One Trade At A Time

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Forget about the Lamborghini!

The stock market isn’t an endless pool of money to take cash out of.

We can only profit as much as it’s willing to give us.

New traders get caught up in the profits.

“Well I made $1,000 last week, so if I stay on track that’s an extra $52,000 a year.”

Wrong.

In 2022 I profited $133,647. In 2023 I pulled $82,304. I can’t predict overall returns for the year …

That’s what makes trading a great side hustle: People can keep their day jobs and pull profits from the market when they’re free.

Don’t rely on these trades for your rent. Instead, let them brighten your day.

TradingTucker understands what I’m talking about. Sometimes it just feels good to know what you’re doing for once, lolol.

See the Tweet below:

Stock trading isn’t about being a millionaire … It’s about living the life that you want.

I donate all of my trading profits to charity. Because that’s how I want to live my life. I want to help people!

Let me flex a little bit:

$10 million donated to charity. And that’s only the beginning!

There are so many people and animals in the world that need our help. I feel truly blessed that I’m in a position to do this work …

To help new traders like you. I share all of my positions online.

I’m constantly teaching students the process for success in this niche. I’m doing anything and everything that I can to help people understand this market.

But … I make my students promise me one thing in return.

Live With Purpose

© Millionaire Media, LLC

Money doesn’t buy happiness.

Money buys freedom.

What you do with that freedom will determine your level of happiness.

I’m teaching my students how to profit EVERY DAY. But what they do with that money is out of my control. So I warn people: With great power comes great responsibility.

A cautionary tale …

The stock market is a cold niche. There are billions of dollars flying around every day. It can be very emotional and stressful. One of the best traders in history, Jesse Livermore was also one of the richest people on the planet.

But the market got the best of him. At the time of his suicide in 1940, his debt outweighed his gains.

Please, don’t lose yourself in this market.

Take it one trade at a time and focus on the things that make life meaningful:

  • Family.
  • Friends.
  • Stewardship.
  • Personal health.
  • Education.

We’re a group of traders chasing market profits to enhance OUR lives and the lives of people around us.

If you’re interested in more of my charity work:

This is a documentary we made exposing poachers.

This is a documentary we made about global issues we’re tackling.

If you’re ready to join our transparent group of traders.

>> Apply Now <<

Every day that passes is another profit opportunity.

There will be more … But how much longer are you going to wait?

You’ve only got one life.

Cheers.

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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. Read More

* 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”