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ONLY FOR YOU: 5 Awesome Penny Stock Setups That Made Me $30,000 In 2 Weeks

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Written by Timothy Sykes
Updated 11/18/2012 6 min read

WARNING: The content of this post are for you and you alone to profit from. Do not share this with friends or family or you risk them becoming obsessed with you and wanting more knowledge from you…as I have learned the hard way

As you can see from my trades during the first two weeks of November, I’ve made over $30,000 (see the trades here)…and my trading challenge students have made $50,000+ on these stocks too…and it’s all come from just a few AWESOME chart setups.

Normally I would say apply to become one of my trading challenge students or watch these 7 free video lessons to get started learning my strategy, but it occurs to me that most of you reading this are lazy and you still won’t study so I have to write this post to help inspire you.

After all, I posted the best penny stocks charts to trade 2 years ago and only a handful of you screw ups even understand what brokers to use (see the best penny stock brokers here) to actually short these pumps and dumps.

Heck, only 25% of my PennyStocking Silver subscribers even bother to watch ANY of my now 730+ video lesson library, let alone these top 30 video lessons, which is just pathetic given the amount of good information they’re wasting.

The fact that my students have now made $5+ million with my strategy in just a few short years speaks volumes about how good the strategy is, not how good my students are.

So yes, I’m ALWAYS on the lookout for dedicated students, look at this new tactic I’m trying to create a millionaire from scratch.

But it’s cool, I’m used to dealing with the laziest, poorest and dumbest people in the world and I’m still gonna teach you…this is why I now have a dozen subscribers of my 4 newsletters who have earned over $100,000 with my strategy.

So here are the SPECIFIC setups that made me $30k the past 2 weeks…memorize:

1. I made $8,000 HERE buying a stock with an expected upcoming positive news catalyst…SAME EXACT SETUP as a trade I did in 2000 where I made $100,000+ in one weekend as a college freshman, detailed for free in Chapter 6 of my book “An American Hedge Fund”

2. I made over $10,000 shorting HGSH as it was a delisting play…EXACTLY the same as a delisting play HMNA at $3/share back in 2010 and a few dozen other delisting plays all of which dropped in the EXACT same manner…yup, it’s the same principles/patterns over and over…just a question of you being ready to profit off them or not.

My top trading challenge student also shorted 12,000 shares at $2.88ish and covered somewhere in the low $2s for another $8,000+ish profit to add to his $500,000 in profits with my strategy…he has yet to post his trade on Profitly because as he said via email he’s “at a golf tournament in Jamaica” (tough life, right!)

Another one of my top students (who not-so-coincidentally has watched ALL my video lessons, not just once but twice) truly gets it and he made a quick $1,300 as you can see here.

3. I made $7,000+ buying the afternoon earnings breakout in RCON…EXACTLY as detailed in this blog post…and the EXACT same pattern as MERU which I similarly sold too soon, but on which my subscribers of my 4 newsletters and I made $15,000+ on as you can see here.

4. I made roughly $2,300 shorting the blatant pump and dump WNYN as it exhibited a perfect morning panic…I have literally hundreds of morning panics catalogued, most comprehensively in my PennyStocking Framework DVD, but also in this blog post from September 2010…it never changes, most of you are just too lazy to have the right broker or dare to be prepared to actually short such low priced pieces of shits…your loss.

Two of my top trading challenge students banked on this pattern $2,000 HERE and $1,400 HERE…because they know the pattern and ARE prepared…you’d think I’d be happy but after shouting about this pattern in hundreds of webinars, video lessons and DVDs, it’s truly pathetic that more of you aren’t studying enough to actually get it. P A T H E T I C . I’ve done all I could and I’ll keep teaching because I know there are more dedicated students out there, hopefully I can reach you sooner than later.

5. HGSH had a sympathy play in CADC…EXACTLY like when subscribers of my newsletters made $100,000+ shorting LTUM which was a sympathy play of LEXG back in April 2011 as detailed in this blog post.

I correctly shorted and made just under $2,000 HERE inside of an hour as not one but two of my preferred brokers had shares to short (IB had 700,000 shares available) and one of my top students made nearly $6,000 as you can see HERE trading it far better than I did.

It’s not a coincidence that this student makes over a million/year as you can read here.

How much has this post helped you?

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Comments (22)
Henry MurrayJun. 20, 2021 at 12:26 pm

Studying creates knowledge.

Jean-PaulFeb. 24, 2019 at 9:08 am

Wicked! Thank you Tim.

SamanthaApr. 02, 2014 at 12:12 am

You are soooo awesome! I really want to join your challenge soooo bad!!!! You inspire me and I’ve been watching your videos every day!

Green WizardApr. 05, 2013 at 9:55 pm

Very inspiring! Thank you, Tim Sykes.

Larry MorelandJan. 18, 2013 at 12:16 am

Tim one of these days I will be talking to Glen again to get on the program.

CARLOS HERNANDEZDec. 23, 2012 at 7:33 pm

You are the short selling penny stocks’s king man….congrat!!!!!!!

Ed BassmasterDec. 15, 2012 at 2:49 pm

Tim funny how you deleted my comment about William Bell… Surely you know that a potty mouth doesn’t get you anywhere… Trust me Tim… You can really learn a lot from William Bell At Golden Penny Stock Millionaires.Com…

He doesn’t pump stocks nor has a nasty mouth. Also I up big b/c of their picks… Check him out… You can learn from him…

SkidderNov. 25, 2012 at 11:27 pm

I’m checking out “Sure Trade,” yet have encouintered a few SNAFUs. You recommeneded them to short pennystocks under a dollar (or probably 2, or even more). I see no other way to short stocks other than with Sure Trade as you mentioned somewhere in all these sites.

E-Trade warned if I make some good cash from the Bahamas Company mentioned, I might not get it back…for not applying the day trader rule and trading more than 4 day trades a week, or even in an hour, and by shorting stocks that are too low in value to be permitted to be shorted on the NYSE.

Determined to make it work no matter how fucked up everything seems to be much of the time, having lost $1,000s by starting too fast…’holding the bag’ too many times at first.

Now, am more careful after dumping too much on the “tuition” I carelessly shot and have been leaning the gambit of the micros and sub pennies, just am low on cash at the moment to make any good plays when I see a good trade in the making. Skidder

timothysykesNov. 26, 2012 at 12:38 am

Read this https://bit.ly/bestbrokers, IB is best for shorting stocks under $1, SureTrader is better for $2-$5/share…do better research please, I have 7,000+ blog posts I don’t like repeating myself

BrigittaNov. 19, 2012 at 8:43 am

Hy Tim! My name is Brigitta. Just wanted to tell you to remember my name ’cause you’ll be hearing of me in a few moths! 🙂

1makemydayNov. 19, 2012 at 1:55 am

good information but the profanity is so unnecessary and very unprofessional. tim, by now critism should be something that rolls off your back. putting your own students down looks really bad…almost like when a bully picks on others to boost their own egos. don’t get mad because people don’t apply themselves as you would like. it’s their loss.
deparately seeking solutions

timothysykesNov. 19, 2012 at 3:44 am

actually i quite enjoy being profane and unprofessional until my students starting taking this more seriously you get what u deserve

1makemydayNov. 22, 2012 at 4:56 pm

hmmm….the “in yo’ face” profane and unprofessional technique; interesting. part of my profession involves training as well and I’ve learned a long time ago “you can lead a horse to water, but you can’t make ’em drink.” I am 2 blessed 2 be stressed. especially on a day like today…tim, happy turkey day! gobble-gobble.

RonNov. 19, 2012 at 1:27 am

Strange. I am busting my ass to free up some money to invest with your system. hard to believe 25% of your silver subscribers don’t watch your vids. I will not be one of them.

BatiYahNov. 18, 2012 at 11:23 pm

So condescending, Tim. I’m sure you have interesting and lucrative info. and maybe your tongue lashing tactics work for you most of the time; however, your readers (including myself) are more than likely very intelligent. Whomever has not chosen to learn your strategies yet may have other more pressing things to do. Money isn’t everything, my friend. A clear conscience, ethics, and basic respect will take you much farther in the “game” of life. So long, Tim. – the “intelligent one”.

p.s. It does sound to me that you may be frustrated that more people aren’t taking advantage of the knowledge you provide. Just think how the Creator feels with all the people in the world who ignore Him/Her. 🙂 Take care.

BlakeNov. 19, 2012 at 12:53 am

Let me guess. You’re BROKE aren’t you.

timothysykesNov. 18, 2012 at 11:29 pm

i assure you my readers aren’t intelligent. i teach the poorest dumbest people int he world, just sya thank you and i’ll say you’re welcome, i dont even have time to read the rest of your gibberish, i’m on a mission to create a fucken millionaire form scratch, either be that guy or get the fuck out of the way 🙂

MikeFooteJan. 06, 2013 at 4:12 pm

Fuck all the “Haters” !!! They just envy what you have : prosperity, wealth, and Free-agency . Tim, call me man , wanna chat w/ ya . 435-216-8126 Mike.

RonNov. 19, 2012 at 1:29 am

I dig the way you talk. Just like me.

Justin KuepperFeb. 17, 2013 at 3:21 pm

Hey, you’re both asshole shithead morons! How about that!

dodderNov. 18, 2012 at 8:21 pm

Thanks again TIm, hands down best website out there for learning about the markets

Ralph SeabrookNov. 18, 2012 at 7:46 pm

Thank you Tim for encouraging videos.Ralph Seabrook

Author card Timothy Sykes picture

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

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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 (205) 851-0506 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”