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Trading Lessons

K.I.S.S. – The Top Trade Strategy

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Written by Timothy Sykes
Updated 5/9/2024 4 min read

Ladies and gentlemen,

Never underestimate the power of bullish traders in this stock market.

Prices are surging right now. And we could reach new all-time market highs any day …

Stock prices will ebb and flow. But historically, since the dawn of the U.S. stock market and the creation of major indices, these charts show a perpetual uptrend.

Below is a chart of the Dow Jones Industrial Average ETF (NYSE: DIA) from 1915 to 2024:

DIA chart Source: MacroTrends

Now take a look at the most recent DIA price action on StocksToTrade’s software, every candle represents one trading day:

DIA chart multi-month, 1-day candles Source: StocksToTrade

Long biased traders (as opposed to short sellers) have a greater advantage when the stock market is hot like this.

As a result, my students and I have been banking all week! I’ve already made multiple +$1,000 trades,* I included an example below.

Source: Profit.ly

And I’m not the only one … See my Tweet below. Small-account traders are in the best position to profit during this market strength:

Source: Twitter

There’s one simple strategy that we follow for success as traders right now.


© Millionaire Media, LLC

In case you weren’t aware of this acronym:




Stupid … 

Successful stock trading is easier said than done. But there IS a process for profits.

The main reason traders lose: They try to overcomplicate things.

Usually, a trader will see a decent setup, maybe they build a position and make a smart trade. It’s possible that they’re successful for a few trades. Maybe they’re even in the green for a whole week …

But eventually, the greed seeps in. Without a true framework for profits, traders start to convince themselves of profit opportunities on bad stocks.

Then they give up all their gains taking loss after loss.

Sometimes they blow up their account entirely. I’ve met some of my students after they’ve already made this mistake.

We need to keep it simple!

I follow the same trading process over and over again. It’s the same process that my more than 30 millionaire students follow for profits.

And if there isn’t a simple trade in the market, we sit on our hands.

Close the laptop if you need to. Go golfing. Go fishing. Make a scrapbook. Whatever it takes to keep you out of those bad trades. Because after all, it’s not about how much you make in the stock market. It’s about how much you keep.

Study This #1 Setup

© Millionaire Media, LLC

There’s a huge profit opportunity in the works right now.

I’ve been tracking the price action with one of my most successful students, Jack Kellogg.

In a fraction of my trading time, he’s surpassed my $7.6 million in trading profits for a whopping $12.5 million.

And we’re following this behemoth of a trade as it follows my framework to a T.

>> This is the #1 stock on the move + The process that we use to trade it <<

If you don’t see the stock match this framework: Don’t make the trade.

It’s as simple as that.


*Past performance does not indicate future results


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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”