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Trading Tips-Tim Sykes Penny Stock

Hottest Stock In The Market (Not NVDA)

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Written by Timothy Sykes
Updated 6/28/2024 4 min read

Forget about NVIDIA Corporation (NASDAQ: NVDA)

The share price is too expensive for small-account traders.

It’s still a solid stock. But the AI sector is evolving … And our biggest profit opportunities right now are among different low-priced AI stocks

Imagine buying shares of NVDA at the beginning of 2024 when this momentum started. That’s the kind of opportunity I’m talking about!

For example: Already, since this new company IPOed on May 8, I recognized the bullish momentum and traded it for a total profit of $7,916 over 9 trades.

And the volatility isn’t over.

This stock is spiking because it’s related to the current AI-energy issue. Artificial intelligence uses A LOT of power. And our current energy sources can’t keep up.

Take a look at the headline below:


As a result, there’s a gap in the market right now. A gap that’s ready to be filled by energy companies that fit a specific criteria.

I found the first runner to match our framework:

The #1 AI Stock Right Now

© Millionaire Media, LLC

If you’re paying attention right now, you might have guessed this stock.

Nano Nuclear Energy Inc. (NASDAQ: NNE) is shooting higher due to the increased attention to the nuclear-energy sector.

On Friday, June 28, I made three trades and pulled +$3k from this stock. Take a look at my trade notes below:

Source: Profit.ly

Friday was also a HUGE bounce day for NNE. You can see on the chart below that it found key support around $15.

Every candle represents 10-trading minutes:

NNE chart multi-day, 10-minute candles Source: StocksToTrade

And now that NNE successfully found support, we can use my XGPT AI-trading tool to build smart positions!

For example, take a look at one of the XGPT trade alerts from last week on NNE. We got this notification with a trade plan on June 24:

NNE chart multi-day, 1-minute candles Source: StocksToTrade

Use XGPT to find smart entries on the newest AI-energy stocks.

This sector is just starting to heat up!

NNE is acting as the sector leader right now … In the next few weeks that could change as more stocks in the sector start to surge.

We’re still early …

Don’t waste this advantage. Get in before the rest of the market wises up!




*Past performance does not indicate future results


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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”