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Trading Psychology

‘Tis the Season! The Hot Trading Trend That Makes Me Proud

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Written by Timothy Sykes
Updated 1/24/2023 9 min read

The Hot Trading Trend That Makes Me Proud: Key Takeaways

  • There’s a ‘turn the table’ mindset that can change your life. (And potentially put several misleading authors out of business.)
  • See why Mason, Kyle, and Jack made me SO proud. (Hint: This goes WAY beyond trading excellence.)
  • You can be a part of the hot new trading trend. Read on…

Join our incredible trading community!

‘Tis the Season to Turn Profits Into Passion

sykes sliding scale
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The number of books touting the idea of turning your passion into profits grows by the day. Visit the business section of your local bookstore and you’ll find at least one.

Here’s the pitch … “Find your passion, become an expert, and sell what you know to others.”

Don’t take this the wrong way. That’s how I built my trading education business. But most people will never do it. No matter what anyone says, it’s not easy to build a business.

Turn the Tables on Passion to Profits

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I have a different take. One that I hope you’ll consider because it’s literally changing the world. Here it is…

Become a self-sufficient, profitable trader. Then take some of your profits and use them to make a difference. 

I’m not saying forget ‘passion to profits.’ But you have an opportunity sitting right in front of you. Stoke your passion for trading. As you become more successful, give back. Turn the tables and turn profits into passion. It’s truly life-changing.

Why Charity Is My Passion

Karmagawa & Timothy Sykes give to the Boys & Girls Clubs of Miami December 6, 2019 © 2019 Millionaire Media, LLC
Karmagawa & Timothy Sykes give to the Boys & Girls Clubs of Miami December 6, 2019 © 2019 Millionaire Media, LLC

I love charity and giving back! If somebody had told me about it earlier, I wouldn’t have wasted years with the wrong priorities.

Some of us traders make so much money. Sadly, many don’t give back.

For me, it’s my passion. I’ll never stop trying to get more people involved. The more people involved, the more it spreads. And it’s not about how much you donate. If we all donated a few dollars to our favorite charities, the world would be a better place.

I meet so many amazing people doing charity work. It’s incredible to see how much our donations help.

2021 Charity Roundup

shetty learning center - new Karmagawa school
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Here’s a quick rundown of what we accomplished this year…

  • I personally donated over $1 million in trading profits to charity. (That’s two years in a row … I’m stoked!)
  • Karmagawa’s third anniversary was on June 23. So far we’ve donated more than $6 million to 80 different charities.
  • Karmagawa funded its first 3D-printed school in Madagascar. If the process scales we’ll be able to build schools faster, cheaper, and more sustainably. Big props to Thinking Huts for their innovative design.
  • Finally, Karmagawa completed 23 new schools this year!

We just opened our 94th school…

And our 95th school…

Here’s another thing I’m proud of…

Is This the Hot Trading Trend for 2022?

Several top students are stepping up to the plate. Former student Mason donated $250,000 to The Barstool Fund last Christmas. He challenged me to join him. I didn’t hesitate, donating $100,000 right away.

That’s the power of teaching a skill that can bring great wealth combined with social media sharing.

And it’s not only Mason

Kyle Discovers the Joy of Giving

Kyle admits that when he started trading his primary motive was to get rich. He dedicated countless hours to honing his skills. Now he’s over $2.8 million in trading profit.

This year Kyle got inspired to use some of his newfound wealth in a meaningful way. In the past year, he’s donated to a variety of charities, including $10,000 to Libby Lou’s Safe Haven on his mom’s behalf.

Kyle also treated his grandparents. His grandfather had always dreamed of flying on a jet so Kyle made it happen. He described it as “an experience of a lifetime for the whole family.”

Kyle enjoys living well and he loves that trading allows him to travel. Now he’s motivated to do more with his money. I couldn’t be more proud.

Jack’s Big Birthday Surprise

jack kellogg and tim sykes
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Growing up, Jack’s parents sacrificed a lot for him. As he puts it, “They worked their butts off for me. I’ve always appreciated that.” 

His parents always did their best to make him happy. Jack wasn’t able to express how grateful he was — until now.

For his birthday this year, Jack turned the tables. He decided to spend some of his $8.6 million in profits on his parents.

Jack said surprising his parents with $100,000 cash on his 23rd birthday was the proudest day of his entire life.

Again, I couldn’t be more proud. Jack lives a humble life even though he’s made millions.

Jack and Kyle also give back to the trading community. Along with Mari, Jack and Kyle are mentors in Breakouts and Breakdowns. If you want to learn from two impressive young traders, I highly recommend it.

Before you go off to spend holiday time with your family…

Help Us Make the World a Better Place

whats good till cancelled order
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I’m blown away by traders like Mason, Jack, and Kyle who generously give back. And I’m proud of everything Karmagawa is doing to make the world a better place.

Now I want to take it further…

We share everything on social media. Sadly, that brings out haters. It’s mind-boggling when haters criticize charity donations, but it happens. It used to bother me. Not anymore and here’s why…

Sharing on social media has led to followers funding another 20 schools. I’m SO grateful for the generosity of our followers. Thank you!

If you want to help us make the world a better place…

Follow Karmagawa on Instagram and Facebook. Share our fundraisers. Even if you can’t donate now, spread the word. It gives deserving charities much-needed recognition.

Get Karmagawa gear here. Tag me on Twitter when you get it. One donation at a time, we CAN make a difference.

Happy Holidays!

Are you ready to take part in this hot new trading trend? Comment below, I love to hear from you!

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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

* 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”