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How I Trade in My Sleep (Try This!)

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Written by Timothy Sykes
Updated 2/2/2022 6 min read

A lot of traders are struggling in this current market.

But the choppy market isn’t the reason why traders are losing. 

I saw this choppy market coming a mile away…

I adapted my strategy and continued to profit.

Remember — there are ALWAYS opportunities out there. It’s all about learning how to find them.

Right now, I’m killing it with a strategy that actually works while I’m sleeping. 

I know — it might sound crazy. But it’s no joke. Keep reading to find out more…

Taking Stock of What Works

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The market is always changing. That’s why you’ve gotta adapt to what’s working right now.

I’m constantly reviewing my trades (posted publicly here) to evaluate what’s working and what’s not.

Reviewing My January Trades

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In January 2022, the markets were tanking. A lot of traders were losing money. Not me. I made over $26K in trading profits.

What’s Working Now

When I reviewed my trades, I noticed that some of my top trades in January weren’t day trades at all…

They followed my Weekend Trader pattern.

One of my best trades of the month on Solar Integrated Roofing Corp. (OTCPK: SIRC) actually happened over the holiday weekend.

After solid earnings news, I bought this former supernova to hold over the long weekend.

While I was hanging out, eating, drinking, and living life, this trade was quietly playing out.

I was prepared to cut losses if the trade didn’t work out … but it did.

On Tuesday, when the market opened, I sold for a $1,150 profit.

What’s Not Working

Sure, I had some losses, like when I shorted Robinhood Markets Inc. (NASDAQ: HOOD).

It was my first short in two years — and it didn’t go according to plan. When it looked like HOOD was going into squeeze mode, I got out right away.

I took a $340 loss, but I stuck to my #1 rule — cut losses quickly.

It was fun going back to ‘the dark side’ as a short seller for a few minutes … My Trading Challenge students LOVED it.

But there’s a reason why I don’t short much anymore. It’s just not working for me right now.

Focus on What Works

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I hope you understood what I’m trying to tell you here…

There’s a reason I was profitable in January while so many traders were losing.

I focused on what worked and eliminated what didn’t.

SO many traders are strategy-hopping right now. They’re not acting like snipers, patiently waiting for their A+ setups.

They’re just chasing the next shiny object.

I might make mistakes every now and again — every trader does. But when I review my trades, I learn from my wins and my losses.

It helps me identify my strengths and double down on them. And I eliminate what’s not working.

Now, I’ve got something exciting to share.

I’ve continued to refine what’s working, and I’ve developed a new strategy that helps me profit while I sleep.

It’s based on what’s working in the market RIGHT NOW…

And I’ve figured out how to use it to my advantage.

Wanna know more? I’m ready to share…

Get an edge in the market with trades that work while you’re in bed — don’t sleep on this!

Don’t Hit Snooze on This…

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I see so many traders trying to make it work in this market.

So many of them are failing.

I want to help…

But I can’t do it for you.

What I can do is keep teaching lessons, sharing my trades, and sharing my go-to strategies so you can learn from them.

I’m REALLY excited to share the strategy where I gain profits while I sleep … Several of my top students are using it too.

I want to share this with you so that you can adapt to this choppy market and find the best opportunities.

Are you ready to learn a strategy that’s working RIGHT NOW? Leave a comment below and let me know how you’re handling the current choppy market!

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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”