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Timothy Sykes Student Jack Kellogg’s Journey From Valet to Millionaire Mentor

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Written by Timothy Sykes
Reviewed by Friedrich Odermann Fact-checked by Ed Weinberg
Updated 11/27/2023 4 min read

During the hot market of 2020/2021, Jack Kellogg pushed it harder than any trader I know. Now he’s up to $12 million in career earnings at just 24 years old… But his story has humble beginnings.

Read this Business Insider article to learn about Jack Kellogg’s 4 favorite indicators here.

Jack joined my Trading Challenge in 2017, when he was just out of high school.

When family and friends put him down for dreaming, Jack kept studying. He knew what was possible and was determined to stick with it. Early on he almost gave up after taking a loss when holding overnight to avoid a day trade. To get over the PDT, Jack saved money from his valet job.

This infographic tells Jack’s story…

jack kellogg journey


Jack always knew college wasn’t for him. With $10K saved from his job as a valet, he wanted to invest. A friend told him about penny stocks and Timothy Sykes. Jack was skeptical, but then he was hooked when he witnessed a penny stock supernova. He joined the Trading Challenge with a desire to be “really good at something really hard.” Jack’s skills were fine-tuned by the time the market revved up in 2020. From there, the road to millionaire trading mentor was fast and furious.


2017: Jack joined the Trading Challenge and attended his first Trader & Investor Summit

2018: Almost quit after losing one-third of his account in two days but finds consistency by September

2019: Speaks at the Trader & Investor Summit after sizing up and hitting $100K

2020: Jack passes the $1 million milestone and closes the year with $1.9 million in career profits

2021: Jack has a $624K day, a $1.3 million week, and hits $8.6 million in career profits

2022: While the overall market was down, Jack added $1.7 million to his overall tally

2023: Through 11 months, Jack has made $1.9 million in 2023 — on track to become my highest earning student ever!


Jack is a keen student of my 7-step pennystocking framework. On the long side, he loves OTC breakouts and dip buys. He also shorts breakdowns and has gained valuable experience as a swing trader. While he prefers OTCs, some of Jack’s biggest wins are from listed stocks.

Jack’s Stats

  • Started trading in 2017 with $7,500
  • 58.68% win rate
  • Average gain of $6,747
  • Average % Gain of 10.66%
  • Over $12.4 million in career trading profit
  • Biggest Loss: MMNFF -$367K
  • Biggest Win: TSNP +$260K
  • Biggest Day: October 22, 2021 +$649K

Trading Superpowers

Master of the 7-Step Framework. Jack is one of a rare breed of traders to profitably trade the entire penny stock framework.

Total Dedication. For Jack, it’s no longer about the money. His goal is to be one of the best stock traders in the world.

Fun Fact: While saving to get over the PDT, Jack tried a side hustle selling bamboo pillows at the local mall. It failed but made him even more determined to become a successful trader.

Learn From Jack

See Jack’s Profit.ly stats here, including his biggest loss (MMNFF -$367K) and his biggest win (TSNP +$260K). Now, check out all the amazing ways you can learn with Jack.

What do you think of Jack’s journey? Comment below and give Jack the props he deserves! 

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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”