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Success Stories

Lessons From Boy Wonder Matthew Monaco

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Written by Timothy Sykes
Updated 4/18/2022 7 min read

Key Takeaways

  • Why do I call Matthew Monaco “The Boy Wonder?” Take a deep dive into his trading career to find out…
  • Discover EVERY resource Matt has to help you level up your trading game.
  • Watch Matt in action! I’ve compiled my top videos with this trader so you can learn with him today.

Get into the program where Matt found his trading strategies — learn more now

Remember when Matt Monaco’s first $100K was a big deal? Seems like just yesterday he was fresh out of college and starting to kill it trading stocks.

Now, in January 2022, he’s just shy of $2 million — less than two years later. That’s why Matt earned the nickname “The Boy Wonder.”

But crazy growth like that doesn’t just happen. It takes an insane amount of hard work and dedication to pull off those kinds of gains.

Today I want to show you what it took for Matt to become an amazing trader.

Matt’s Trading Journey: The 1,000-Foot View

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Let’s start with some stats, patterns, and key moments in Matt’s career…


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  • Over 3,800 trades
  • Winning percentage of over 58%
  • Average percent-gain of 8.25%
  • Nearly $2 million in trading profits

See Matt’s Profit.ly chart here.

Favorite Patterns

Matt makes the bulk of his bread trading multi-day breakout, panic dip buy, and ABCD patterns. I’ve discussed these three strategies at length over the years. It’s really cool to see Matt having such great success with them.


  • 2017: Joins the Trading Challenge and starts trading
  • 2019: Creates the “Beyond the PDT” podcast with Bryce Tuohey
  • 2020: Records the 30-Day Bootcamp with me and goes on to bank over $620K in profits for the year
  • 2021: Breaks $1 million mark and creeps close to $2 million

Learn With Matt

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  • 30-Day Bootcamp: Matt sits down with me to break stock trading down into three phases: fundamentals, strategies and patterns, and practice. Those three phases are the steps that me, Matt, and other top students followed to reach great success.


  • Small Cap Rockets: This StocksToTrade chat room is where you can find Matt. Alongside former college roommate and best bud Bryce Tuohey, Matt shares his live trading daily. He goes into depth on what he’s trying and why. He also talks to members and answers trading questions.


  • To The Moon Report: The INSEPARABLE Matt and Bryce share this platform too … They share their thoughts on macro market strategies, cryptocurrency, trade breakdowns, and what’s on watch each week.


  • Crypto Rockets: Passionate about crypto? Matt and Kyle Williams discuss the coins they think have the BEST shot of jumping to the moon. They also alert trades, discuss the overall market, and deliver a 14-day bootcamp to learn crypto trading strategies.

Read More

matt monaco in Italy
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Watch Matt in Action

Matthew Monaco Is Just Getting Started

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Matt found me while browsing YouTube in high school. He doesn’t remember the exact video, but he thinks this is a strong contender.

He came ready with the hustler’s mindset. He did what it takes to reach his goals, like saving money to apply to my Trading Challenge and start trading. Matt says getting in was the true beginning of his trading career…

And he’s still hustling! This guy blows me away.

Now, Matt’s approaching $2 million in trading profits and a mentor in his own right. He has grown exponentially since the beginning of 2020. I don’t see that growth stopping anytime soon!

Matt’s a great example of what you can become if you put in the hard work. Apply for the Trading Challenge if you’re ready to follow in Matt’s footsteps!

Leave a comment below with any questions for Matt AND congratulate him on so many killer trading milestones!

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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”