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Get Inspired: From Green-Eyed to Green Days

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Written by Timothy Sykes
Updated 4/17/2026 6 min read

You’ve seen it… Traders posting their wins on X.

Or posting wins in the Trading Challenge chat at the end of the day.

And it might make you wonder…

“What does it REALLY take to succeed?”

When inexperienced traders see others posting wins, it usually brings out one of two conflicting mindsets.

Jealousy or inspiration.

Before you get overwhelmed by green-eyed envy, consider this…

Every one of those traders you see posting used to be right where you are now.

It might have been two months ago, or two years ago (it doesn’t matter which).

What matters is that you understand the choice they made to get where they are now.

I’m sure you believe in hard work, studying, and growing your knowledge account.

Otherwise you wouldn’t be reading this.

But there’s 1 mindset shift you MUST make to succeed.

And it affects everyone, including you…

Monday Motivation: How to Get From Green-Eyed Envy to Inspiration

Image created by Google Gemini
Image created by Google Gemini

When you decided to start trading there was a mental process that got you there.

Maybe someone introduced you to the idea.

Or you read an article about how apps like Robinhood or WeBull make it easier than ever to get started.

So you started looking into it. At some point…

You Crossed Two Mental Thresholds 

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  1. Trading is real and you can potentially make money at it
  2. There ARE people who are successful at it

What comes next is crucial.

It’s also where a lot of new traders get stuck.

Because there’s a third threshold you MUST cross…

“This can work for me.”

You have to believe it. Deep down…

You can’t just say it (or even “think it into reality”).

It has to become part of who you are.

Those people who put down successful traders or troll them on X…

Are only so pathetic because they don’t believe (and they have nothing better to do with their time).

They’re stuck with “I know this works… I know some people are successful…. but not me.”

Whether conscious or unconscious, their lack of belief is holding them back.

So, while “not me” might be true for them..

It’s NOT true for you.

Rather than green-eyed envy, focus on getting inspired (it’s MUCH more powerful).

And remember, with both money and emotions, we all face…

More Breaking News

The Zigzag Line of Success

You’ve probably experienced this.

One day you’re inspired, the next you see someone else did better than you and you feel jealous.

Look for inspiration. This is YOUR journey and nobody else’s.

Speaking of inspiration…

Millionaire Moves: A Tale of Two Traders

First, props to Trading Challenge student HIMMENY (again).

I gave him a shout out a couple weeks back.

HIMMENY posted this in Trading Challenge chat last Thursday…

“4:07PM HIMMENY: closed at $1,171.90, 3rd 1k day this week and 5th 1k+ day this month wow, yesterday id have a 1k day also but i took a big loss which prevented it, today i did not, so i guess i learned something from it”

He’s on fire.

He never even had a $200 day before 2026 (and he’s been with me for a decade).

Now, get inspired by this great video from my first female millionaire student, Mari…

This Is What Day Traders Actually Do All Day

Apply for the Trading Challenge Today

Catalyst Watch

This market is CRAZY!

The NASDAQ is hitting new highs every day and closed up for 12 straight days going into Friday.

Add a positive earnings season (so far) to the mix, and it looks like this GREAT trading environment could continue.

Let’s hope so.

Just remember to react to the market, rather than try to predict.

On My Radar 

Takeaway: Get Inspired Because It Changes Lives

Friday was a looooong day for me and the team from Elephant Nature Park sanctuary.

I hope THIS gives you a little inspiration for the week!

Now go crush it.

 

– 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”