timothy sykes logo

Penny Stocks News

Don’t Miss This! Miraculous Holiday Deals on Hot Trading

Timothy SykesAvatar
Written by Timothy Sykes
Updated 4/17/2022 7 min read

StocksToTrade Black Friday Special: Key Takeaways

For most Americans, Black Friday means shopping.


I may get rough with my Trading Challenge students sometimes (see video below), but I don’t really wanna fight someone over the last tech gadget in some big-box store.

Instead of shopping for meaningless stuff, I’d rather invest in myself.

What about you … Do you want to be a consumer? Or do you want to focus on your education and build a better future?

If you choose to invest in yourself, keep reading…

Don’t Miss This Limited-Time StocksToTrade Special!

Forget the latest gadget or doorbuster deals. Give yourself the gift of StocksToTrade!

It’s no secret that I rely on STT for stock screening, charting, and the Breaking News Chat tool. I’m a proud investor in the company and I use its cutting-edge trading technology every single day.

Right now, STT has an incredible deal going on for Black Friday. Seriously, you don’t want to miss this!

Get STT’s Black Friday special now!

Post image

Get my weekly watchlist, free

Sign up to jump start your trading education!

Get Ready For Holiday Trading

Most people are too lazy to do what it takes to become a self-sufficient trader.

If you want to be different, there are steps you can take. This video is from last year, but the lessons are still solid…

Here are some other ways to get ready for the holiday trading season ahead:

1. Check Out My Holiday Trading Guide

I made this guide to help you understand the power of software, tools, and other trading resources to speed up your learning curve.

Get the NO-COST Holiday Trading Guide

There’s no need to make trading harder than it has to be. By investing in the right tools, you can save time and learn faster.

2. Make Time For Studying

top penny stocks list September 07, 2021 Tim Sykes Trading Mentor Q&A
© Millionaire Media, LLC

Everyone deserves some time off with family and friends. But you’ll probably have some free time during the holidays, too. Don’t be lazy. Take some time over the holidays to study.

If you really want to make it as a trader, you’re gonna have to grind. All of my top students did. But it’s short-term pain for long-term gain. The knowledge and skills you build up now can free up your time later.

So if you can, skip an hour of the football game or sneak away between dinner and dessert and put in a little study time. It all counts…

3. Understand Holiday Trading

Holiday trading is different from any other time of year.

If you’re a new trader, it may be worth observing and studying instead of trying to jump into trades.

Mariana, my first female millionaire Trading Challenge student, spent an entire year just studying the stock market before she actually started trading.

When she did start, she was prepared and was able to build her account fast. I know FOMO can get in the way, but try to be patient. If you’re not ready to trade, build your knowledge account by being an observer.

4. Prepare With StocksToTrade Holiday Screeners

tim sykes in yosemite
© Millionaire Media, LLC

As part of their Black Friday special, STT has created three custom scanners designed to help you identify retail plays throughout the next few weeks.

You won’t find these customized scans anywhere else, and they’re only available for a limited time.

They include…

Free Scanner #1: Retail Breakout Scanner

This scanner is designed to show an up-to-date list of retail stocks that are poised to break out of their 52-week highs.

Free Scanner #2: Afternoon Retail VWAP Scanner

This scanner looks for stocks between $1-20 per share in the retail space that are hugging VWAP. This baits short-sellers and can create stock runs.

Free Scanner #3: Unusual Retail Volume Scanner

This scanner looks for stocks between $1–$10 per share in the retail space that are experiencing an unusual increase in trading volume.

5. Focus on Gratitude

There’s so much to be thankful for this holiday season, starting with the fact that you have the freedom to trade.

I’m thankful that trading has given me the life I’m living. Trading has been the gateway to my two biggest passions in life:

  • Teaching
  • Giving back through my charity, Karmagawa.

I’m so proud to announce we just opened our 35th school in Bali and 92nd worldwide…

I’m so thankful for my students, too. Don’t miss this post where I talk about the MANY incredible student milestones from the past year…

Don’t Delay…

The StocksToTrade Black Friday special won’t last forever.

Get Your StocksToTrade 2021 Black Friday Discount & Customized Holiday Scanners Now

Take advantage of holiday downtime to advance your trading career and increase your knowledge. Forget doorbuster deals — this is the kind of gift that really gives back.

Ready to take advantage of the StocksToTrade 2021 Black Friday deal? Are you ready to build up your knowledge account? Leave a comment below!

How much has this post helped you?

Leave a reply

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

Post image

Get my weekly watchlist, free

Sign up to jump start your trading education!

* 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”