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How I Trade — and Profit — Even in an Ugly Market {Video}

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Written by Timothy Sykes
Updated 2/24/2022 4 min read
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I predicted a market crash months ago. I adapted, and I’ve made roughly $40K so far this year — without taking crazy risks.

I want to share how I trade — and profit — even in an ugly market.

Ready to learn? I’ve got an all-day live trading event TOMORROW, February 24. It’s the BEST way to learn my thought process behind every trade. If you’re already in my Trading Challenge, you have access — if you’re not, sign up here.

Bring your questions. I’ll answer as many as I can until I lose my voice!

I want to give you the proper perspective and help you stay safe. That’s why I made the video below. Here’s what you’ll learn:

  • How I’ve been profitable in this ugly market without going all-in or taking big risks.
  • Why big wins aren’t as important as small losses. (My biggest profit so far this year was $2,068, but my biggest loss was only $892.)
  • A breakdown of my trades on Stran & Company Inc. (NASDAQ: STRN) and Vystar Corp. (OTCPK: VYST). These trades demonstrate my current approach to the market … Even with indexes dropping, I still made over $600 on two trades (see them here and here) before 10 a.m.
  • What charts look like before a crash — and how to trade them safely.
  • Why I think there could be a bounce coming soon…

Watch My Video on Trading Safe Now

No matter how ugly the market, traders don’t need to lose. In tomorrow’s event, you’ll learn how I use the StocksToTrade built-in scans (try it here with the Breaking News Chat add-on!) to help me find the best trading opportunities.

Even if it’s not a good market to make home runs, it’s a good market to learn.

All my top students came from my Trading Challenge. It’s an incredible resource with live webinars, thousands of video lessons, and my chat room. If you’re ready to get serious about trading in any type of market, apply for the Trading Challenge today!

Stay Safe!

© Millionaire Media, LLC

I hope you’re staying safe in this scary stock market.

I’m SO glad I warned about the crash months ago. Since then, bitcoin, ethereum, the Nasdaq, and giant companies like Facebook, Netflix, Shopify, Roblox & Roku have dropped big.

You have to remember that a crash could happen at any time, so you better be prepared. You do NOT have to just hold and hope all the way down like too many newbies.

Avoid the nasty losses that can come from that. That’s why I’m here to help you learn. Far too many others are now suffering due to lack of preparation. This is all just the latest example of why my rule #1 is CUT LOSSES QUICKLY!

Do you want to learn how to stay safe in this market? Leave a comment and say “SAFETY FIRST” if you understand what I’m talking about in this video!

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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

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* 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”