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ANY Great Trader Does This

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Written by Timothy Sykes
Updated 9/9/2026 7 min read

What do great traders have in common?

This isn’t about strategy or tactics…

They make a difference, but there are a TON of successful strategies (and tactics).

It also isn’t about character traits.

I know some incredible traders with outstanding character.

But I’ve also met more than a few shady characters in the past quarter century.

What about personality?

Every single one of my 50+ millionaire students has a unique personality…

So, what is it?

ANY Great Trader Treats It Like a Business

That might sound oversimplified, but check it out…

Image created with Google Gemini
Image created with Google Gemini

It doesn’t matter if you’re a crypto trader, options trader, or forex trader.

If you’re serious about trading, and you really want to be great, you MUST treat it like a business.

Which means you have to understand how to think that way.

Do you think business people judge the success of their business solely by profit and loss?

I mean, maybe a few robots do that. But every business owner and entrepreneur I know goes deeper.

With trading, it’s important that you dive into each and every trade.

  • What could you have done better?
  • How can you improve on your next trade?
  • What was the pattern?
  • Did you stick to your plan?
  • Were you disciplined in cutting losses (or locking in gains)?

Trading is not about perfection as much as it’s about progress.

Grow your knowledge account first. Then, over time, grow your brokerage account, too.

ANY Good Trade Is a Win

This is going to be counterintuitive, but it’s SUPER important.

It doesn’t matter if you win big or small. And it doesn’t matter if you take a loss. As long as it is a good trade, it’s a win.

How is that possible?

You stop judging by profit and loss. If you trade your plan perfectly and take a loss, it’s just a loss. That’s it.

Here are two examples of small wins from after-hours trading on Tuesday.

Neither is huge (one was PUNY).

And neither of these trades met my goals.

But guess what?

ANY Trade You Learn From Is a Win

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I learned from BOTH trades (and I followed my plan and locked in the small gains).

On Tuesday (Sept. 8), Sphere 3D Corp. (NASDAQ: ANY) spiked after the company announced “pricing of a $5.0 million private placement, and divests non-core assets to fund AI and high-performance computing development.”

Also, ANY is a former runner.

Check out the 6-month chart below because it follows my 7-step framework.

ANY, 6-month, daily candles, 7-step framework, former runner
ANY, 6-month, daily candles, 7-step framework, former runner

It’s pretty cool that the framework still holds true all these years later.

The fact that ANY is a recent Supernova means traders remember it.

And because it also ran last month, it was probably on a few watchlists:

ANY, 1-month, 1-day, runner on August 21, 2026
ANY, 1-month, 1-day, runner on August 21, 2026

My ANY After-Hours Trades

I absolutely LOVE the after-hours moves we’re seeing.

So, when I got the alert for ANY (see the chart below), I started watching for a potential entry.

I didn’t want to chase, so I was really looking for a pullback…

ANY, 9/8/26, after-hours, STT Breaking News alert, choppy dip buy
ANY, 9/8/26, after-hours, STT Breaking News alert, choppy dip buy\

I got a partial fill on the pullback (and my goal was 10%–20%).

Since it was trading super choppy, I locked in the small single.

After my first trade, ANY had a sharp pullback right to the same area of support.

I thought it might bounce again because so many of these after-hours spikers have been going in waves.

ANY, 9/8/26, after-hours trade, bounce play
ANY, 9/8/26, after-hours trade, bounce play

My goal was smaller on the second trade (only 5%–15%).

It turned out to be a sleeper (and I was tired), so I cut for a tiny gain and called it a night.

But before I fell asleep, I followed my own rule:

Journal Your Trades

For me, it’s a habit (and how I alert students).

I always alert both entry and exit, so it’s there for anyone to see:

For example:

It doesn’t have to be complicated, right? Just create the habit because it’s what ANY great trader would do.

Also, don’t just get up at 4:00 p.m. ET and walk away.

Because right now…

After-Hours Trading Is HOT

Which is why I’ve been working on my new after-hours tool for two years.

And it’s not just the free Night Tape watchlist either.

Even though over 3,000 people signed up for the Night Tape (they absolutely LOVE the picks and trade plans they get every day the market is open)…

That’s only the beginning.

Next Monday, September 14th, at 10 AM ET, I’m FINALLY going to give you an exclusive first look at EVERYTHING behind my new favorite strategy.

My ANY trades above fit the strategy EXACTLY (and I’m seeing plays like this EVERY day).

Over the past year, there have been so many that I can’t keep up.

The crazy thing is that the biggest moves in the market are determined within a single, 15-minute window.

DEFINITELY join me on Monday for my 15–Minute Millionaire Summit!

I’ll share THE most important strategy in my arsenal right now.

I will see you there on Monday.

Don’t worry, I’ll remind you again. But save yourself the stress and go register now…

Cheers,

– Tim Sykes


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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”