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Trading Psychology

How to Trade From (Virtually) Anywhere

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Written by Timothy Sykes
Updated 3/1/2021 16 min read

Technology is changing everything … including when and where we trade. It’s easier than ever to trade from anywhere.

The rapid tech growth over the past two decades means more opportunities. We couldn’t even imagine this 20 years ago. No matter where you are in the world … as long as you have an internet connection, the possibilities are limitless.

Think about it…

… you could be reading this blog post nearly anywhere in the world. Maybe you’re reading it on that magical smartphone you carry around. And I wrote this post while traveling the world and building schools with Karamagwa. That’s mind-boggling!

It blows my mind that I can reach so many people and help them learn to become self-sufficient traders. I never would’ve thought I’d have students from all over the world and nearly every state in the U.S.

At the risk of sounding too much like my friend and StocksToTrade lead trainer Tim Bohen, we’re truly living in a golden age.

A lot’s changed in the last 20 years. It’s now easier than ever for people to begin their trading journeys — from anywhere.

So what do you need to trade from anywhere?

Must-Have Tools to Trade From Anywhere

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Thanks to the internet, there are fewer limitations on where you have to be to trade. You don’t even technically need a computer.

Smartphones are now more powerful than computers from a decade ago. Not that long ago, this technology seemed like science fiction. Now too many people take it for granted. They don’t know how to use it to improve their situations.

Don’t know where to start in the market? Check out this book written by one of my top Trading Challenge students: “The Complete Penny Stock Course.” It’s a solid overview of trading basics. It answers so many questions I hear all the time.

Today, nearly every online broker offers trading apps for both iPhone and Android. Personally, I don’t like to trade from my phone, but some people don’t have a choice. If you work full time, this might be what works for you. Whatever your tool of choice is, embrace it. Learn to make the most of it. Don’t make excuses.

Modern trading apps are nearly identical to desktop trading platforms. If you use them, you aren’t at a huge disadvantage like traders used to be. As long as you have a network connection, it doesn’t matter where you are in the world.

Check out one of the craziest places I’ve traded from … I was helping save endangered rhinos with VETPAW and watching the market open:

People love to call me out when I trade from crazy places. Every day I hear…

“That’s not possible…”

…or “There’s no internet there, this has to be fake!”

Are you people living in a cave? Seriously…

Get a hot spot. You can have internet almost anywhere in the world with a hot spot. It’s not some crazy new technology either. Educate yourself a little before you jump to absurd conclusions.

To trade from anywhere, you only need the internet and a laptop or smartphone — that’s it. Stop lying to yourself and get serious about your trading education.

Are you dedicated to being a smart, educated, self-sufficient trader? Apply for my Trading Challenge today.

With Great Power Comes Great Responsibility

The incredibly powerful tools at your disposal can rapidly change your life. But it won’t happen overnight.

Yes … you can trade from almost anywhere easily — but trading itself is HARD. It’s taken my top students years to get where they are.

If you download a trading app today or tomorrow, you won’t magically start making money.

You have to study like crazy and never stop learning. One of my reported six-figure students, Michael Hudson (aka Huddie),* learned to trade while he was in college. It took him two and a half years of his journey to become profitable. He had a lot of failures along the way … But now he’s one of my top consistent students who shorts overextended stocks.

If you’ve already started studying or you’re in my Trading Challenge, you’re on the right path. Keep up the good work and study hard. I’m always looking for more successful students.

Haven’t started learning yet? Kick off your trading journey here.

What do I do every day before the market open, no matter where I’m trading from?

Create a Watchlist

It doesn’t matter where you trade from, you have to build and maintain watchlists. It’s crucial.

Sign up for my FREE watchlist here.

Making a watchlist helps me prepare. If I didn’t take the time to prepare, I’d miss out on plays. I’d probably lose more trades. (See every trade I make here.)

watchlist banner

How do I prepare? I scan the markets every day using this revolutionary software.

When you’re prepared, you aren’t chasing random stocks or other trader’s alerts. You’re focused on the process. You’re laser-focused and learning to be a self-sufficient trader.

Some days, you won’t find setups that work for your strategy — that’s OK!

Only focus on those A+ setups and study when the plays aren’t there. Work harder at your job those days. Or spend more time with your family … Hopefully, they’ll be more forgiving when you’re tuned in to the market.

Some people think they need to dedicate themselves 16+ hours a day every day. Don’t get me wrong, I love that kind of dedication. But that’s not for everyone. For many traders, that’s a recipe for burnout.

Trading is a marathon, so take it slow. I hate to see students burn out and quit too soon.

My Favorite Exotic Trading Offices

I’ve traveled to over 100 countries so far. Did I trade from every destination? Nope. I always scan the market for potential plays, but sometimes the plays aren’t ideal, so I don’t trade.

In Tahiti, the view from my villa was spectacular, and I managed to lock in a little over $3,000.*

The Dead Sea in Israel offered some of the most spectacular sunsets…


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I finally made it to Israel and what a trip it’s been as this place is SO INCREDIBLY BEAUTIFUL! This is your daily reminder that the world is so fascinating, it’s your duty to go out and explore and experience EVERYTHING as we only have one life so we must really make it count! And it’s also my duty to push the #laptoplifestyle further than anyone has before as #ilovemyjob and I’m so grateful to be able to trade stocks and teach from ALL OVER THE WORLD thanks to the revolutionary software @stockstotrade and my now 20+ years of financial rules learned the hard way that keep me safe and profitable in an industry where 90% of traders lose. I know it’s been a while since I posted something positive — and I don’t mean to depress everyone — but aside from just using new technology to trade/teach from the craziest places, there’s also an opportunity for us to work together and use social media to get the word out about so many urgent problems to get help faster than ever before and turning a blind eye to them solves nothing! To those who get it, I really appreciate you sharing what we post on @karmagawa and @savethereef with your followers as we can do AMAZING THINGS WHEN WE WORK TOGETHER! PS this isn’t just any body of water, this is the Dead Sea so you actually float on top and if the salty water gets in your eye, it stings like a B and it kills all electronics instantly so the difficulty level on these photos is a 10/10 and sadly @everchanginghorizon was forced to gift his drone to this sea so appreciate the lengths we go to for you! #deadsea #workfromanywhere #jewblue

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And I’ve always loved Italy. The coastline is one of my favorite ‘offices’ with a view:


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It’s been an incredible few days being back in my favorite town in the world, Positano, Italy at my favorite hotel @villafrancapositano which not only has amazing views and delicious Italian food, but also they literally have the fastest wifi of ANY hotel or villa that I’ve ever been to in Italy so I’m alternating between climbing up hundreds of steps at a time in this magical town while also working away daily with a truly #nodaysoff attitude, finding all the best stocks thanks to @stockstotrade and giving live 2-hour weekly trading and Q&A webinars to my Trading Challenge students (click the link in my bio to apply, but be ready to study your ass off, true education is a marathon, NOT a sprint aka lazy people and I DO NOT GET ALONG)! I’m also very proud to announce my charity @karmagawa is donating $10,000 to @world_animal_protection in honor of #worldelephantday yesterday as sadly these majestic animals are being killed/enslaved at incredible rates like at no other time in history so we must do EVERYTHING possible to save them from extinction which they’re sadly set for in the next decade or so at the current rate if nothing is done. This $10k donation is just the start as we are planning some ambitious projects to truly help to #savetheelephants so stay tuned as big things have small beginnings…I know I’m throwing a lot of information together in this post, but welcome to my life, I’m an insane multitasker and I wouldn’t have it any other way as we only have one life so it’s our duty to live the absolute best and most interesting life possible and to also help the planet before it’s too late in a few years! #ilovemyjob #workfromanywhere #laptoplifestyle #jewswithviews

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As much as I love traveling, I honestly enjoy mentoring my students more. I’ve dedicated my life to teaching people about the stock market. It’s changed the lives of hundreds of my most dedicated students.

A couple years ago, I shared one of my favorite hotels in Positano with my student Roland Wolf

There’s also this time I went to the Midwest to meet up with four of my top students:

I know … the Midwest isn’t as exotic as some of my destinations. But several of my six-figure and millionaire students come from the Midwest.* So if you’re from the Midwest, embrace it.

[*Results aren’t typical. It takes time and dedication to build exceptional trading skills and knowledge. Most traders lose money. Always remember trading is risky … never risk more than you can afford.]

When In Doubt, Use Your Computer

No doubt, it can be fun and exciting to trade from destinations around the globe. But if you want to be serious about your trading career, you need some kind of trading headquarters.

It doesn’t need to be fancy. You really only need a laptop that supports your trading software.

Some people love to have two or more screens. Personally, I don’t think you need that. Extra monitors won’t make you a better trader. They’re a luxury. They can help traders look at more stocks. I think they can slow down most new traders. It’s too much to focus on at once.

That’s the main reason I trade from a laptop. I can only focus on one stock chart at a time. If I was looking at four different charts, I’d overtrade. When it comes to trading … less is more. 


I hope this post inspires you. I want you to see the unlimited possibilities the world offers to those who work hard. Don’t give up on your trading journey. It might take longer than you think, and the most important thing is to not give up!

If you’re looking for the best place to get started … apply for my Trading Challenge today. Or if you want to take it a little slower, start with my 6,000+ video lessons. All of my top students started here … I hope you’ll be next.

Where do you usually trade? Leave a comment below. I love hearing from dedicated students!

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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”