The Top 5 Myths About The Tim Sykes Trading Challenge

I’ve been posting success story after success story** of my trading challenge students as you can see from recent videos like these:
But despite the successes, the are are some major myths about the Tim Sykes Millionaire Challenge so it’s time I correct it since there’s SO much BS out there on The Internet.
First off, my average student starts with just a few thousand dollars so it’s not a failure if they don’t make $1 million, making even $500,000 or $50,000 or just $5,000 is still a win…not to mention all the knowledge my students get that will earn them money for a lifetime, just not all at once as studying is very front-ended loaded and it takes time to grow a small account to anything substantial.**
Download a PDF version of this post as PDF.
Despite the obstacles, my millionaire trading challenge has now produced multiple millionaires and has earned six and five-figures for many more dedicated individuals, but success is not a given as it takes a ton of hard work and studying so it’s only natural for some people to be doubtful.**
The fact is, there are all sorts of opinions on everything out there, but many of those opinions are not based on fact, just assumptions and misconceptions too. So, I want to take a moment to set the record straight by addressing some of the myths.

Millionaire Media, LLC1. It doesn’t work. One of the top myths about my millionaire challenge is that it doesn’t work. Actually, I have a pretty funny story about that.
Consider Michael Goode, my first student who surpassed $1 million in profits.** Before he was my student, he loudly spoke about what utter BS he thought my strategy was. He didn’t believe in me, he didn’t believe in the program. But I reached out to him and persuaded him to give it a try, and he did. Within a year he had begun making serious money; not too much later, he broke the $1 million-dollar profit mark.** I bet you could have guessed this, but his opinion has changed. Ultimately he became a valued part of the Tim Sykes Million Challenge Team and now helps me mentor other students too!
The fact is, no program will work for every single person. But how can you know if you don’t try? Michael and my succeeding millionaire students like Tim Grittani (who most recently surpassed $4 million in profits and is actually now closing in on $6 million)** prove that the program does work if you have what it takes and actually study all the materials we give you. My millionaire trading challenge gives you the direction you need to become successful and this is why we have the MOST millionaire students of anyone…and unlike some BS artists, we show EVERY trade publicly, not just screenshots of some overall gains that are usually photoshopped (surprise!)
2. You won’t learn anything new. Many people falsely believe that my trading challenge can’t provide any new information. Everything I teach is probably already in books, podcasts, or available via other resources, right? So, they come to the incorrect conclusion that they won’t learn anything new from my challenge. Unfortunately, this type of thinking is likely holding them back from getting ahead, financially speaking.
Yes, it is true there are certain facts about the market that are unchanging, that’s the type of information that you can pick up anywhere. I even offer a lot of free information in my comprehensive e-guide to penny stocks. But as informative and helpful as this information is, it’s not the full story.
In the millionaire trading challenge, we go A LOT deeper with the information my top students and I present as we are able to offer insight gained from years of trading. Yes, you’ll get the factual stuff, but you’ll also get the real education that’s full of nuances and subtleties that NOBODY ELSE teaches and we can provide far more personal value and really help you understand how to make trading work for you.
3. It’s too expensive. “It’s too expensive!” is a common cry from people who don’t want to pay for my challenge. The Timothy Sykes Millionaire Challenge cost keeps them from investing in themselves. Ironically, this fear of investing in themselves often keeps people from succeeding.
Think about it this way: you pay a lot of money for college with no guarantee that it will ever make you money–in fact, most people are guaranteed to go in debt for student loans.
On the other hand, I am offering a tried and true system that can reliably make you money that costs a fraction of college…and we have several options too for various budgets (so apply here and talk with my team). Yes, it will require some investment, but it offers many potential rewards. Instead of thinking how much you have to pay, consider it an investment in yourself, and one that can deliver financial rewards like nothing else you’ve ever experienced.
4. It will make you a millionaire instantly. The challenge can and will help you if your goal is to become a millionaire as a trader. However, the challenge will not do the work for you, and it won’t do it overnight. Most of my top students have become millionaires within a few years too so understand that it doesn’t have to take a long time to become a millionaire and most importantly, it absolutely does require a lot of hard work.
To really become a millionaire, there’s a lot that you have to do. You need to study up and get knowledge, you have to practice, practice, practice trading, then refine, refine, refine your process and over time setting goals, and every single day, no days off, you need to work toward them. To be able to work effectively, you have to learn all that you can about trading so that your work will be of good quality and even as you’re guaranteed to make mistakes throughout the journey, you must learn from those mistakes and see what NOT to do.
So, as you can see, it’s simple, but not necessarily easy. You’ll be challenged. You will need to put in some serious hours, and you’ll need to remain dedicated to your goals even when times get tough. This is a big ask, and that’s why it’s a challenge. But I can promise that those who are up to the challenge will become successful.

Millionaire Media, LLC5. You don’t need it. I didn’t have my millionaire trading challenge, and I ended up making millions. Maybe, with this in mind, you’re thinking “I can do it all by myself, too”.
It’s true that I am a self-made millionaire,** but it took me SO much longer than it needed to and I made a lot of boneheaded mistakes along the way. If I’d had a mentor, I probably could have become rich much faster. And that, my friends, is why the challenge exists.
The Millionaire challenge was borne of my struggles as a trader. I learned a lot of things the hard way, and now I present myself as a mentor and offer my teachings so that you don’t have to make the same mistakes I did.
It is possible to trade penny stocks without my trading challenge, but it’s also a gamble. You might make money, you might not and you might learn, but probably not fast enough to capitalize on all the opportunities we’re seeing nearly every day lately!
By taking up my trading challenge, you get a targeted education on exactly what you need to be able to find success as a trader. You’ll pick up things right away that you won’t have to learn the hard way. It’s like getting a boost on your career that is well worth it.
It can be hard to figure out what’s true and what’s not among all of the noise and different opinions out there. My challenge in itself doesn’t guarantee success, but if you’re willing to put in the work, it can absolutely help you gain the success you crave and deserve.
Are you ready to study your butt off and become my next top student? Leave a comment below if you’re TRULY dedicated and serious about your financial education!
Hey Everyone,
As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!
Which is why I've launched my Trading Challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.
So when you get a chance make sure you check it out.
PS: Don’t forget to check out my 30 Day Bootcamp, it will teach you everything you need to know about trading.
I feel like I’ve been hustled…. I spent the $200 to throw my hat in this challenge and to get a interview as to if I would be a good candidate to learn your strategy and ideas as to how to invest in penny stocks. Upon completion of my interview, I was told that I could indeed be accepted as long as I invested $6,900 into tuition as it was called. I find out that anyone who wants to invest $6,900 (along with the $200) can be accepted. When I told your man who called me that my day job would keep me from spending the time needed everyday watching the market during market hours, he told me that my wife could learn it and pass it down to me. When I was told about the $6,900 and told him that I have nowhere near that kind of money, he suggested I pull it off credit cards. I told him I have no credit cards with $6,900 available on them, our conversation was quickly finished and I was told that if I could come up with it to let him know….. Now nowhere in the Facebook advertisement did it suggest that I needed a $6,900 investment along with the $200 and I know why, because you would have nowhere near the interest in your program. Basically I spent 200 to get a call from a closer….. very bad and misleading way to do business. I’m considering calling my credit card company and telling them to dispute the charges but thought I would give you a chance first. Negative posts regarding misleading business practices hurts companies and I’m sure you don’t want that kind of negative press…. please refund my $200 immediately. Thank you.
Study the materials you’ve paid for, then choose whether you want to join the Trading Challenge. The Challenge is a completely different level of dedication and, yes, investment. Start with the VIP materials and STUDY!
If I become a student after the 30 days and pay the $197, how much is it to continue?
You choose your level of dedication/investment. Start with one of my https://timothysykes.com/plans plans
Your comment is awaiting moderation.
Your comment is awaiting moderation.
I interviewed once but wanted to watch some videos first before committing. I am ready. I bought the vip package already. Can I get another call to find out the package prices again?
Signed up and been watching videos none stop even during work lol
GOOD!
I will have 10,000 can I do it with just that to start with?
Hey Tim, i am a 15yr old kid and u have messaged u on insta also once. My question is that does millionaire challenge starts from the basics of basics or first i have to join pennystocking silver and after that i should join? And also Thank u so much for ur free videos as i have been watching them but i still dont understand trading a stock😂. But im still learning and learning.
Thank u tim please reply.
Your comment is awaiting moderation.
Tim, how much will it cost to learn from you man, if accepted? Where is your website where I can buy your courses?
No real commitment to any figures just words like ‘multiple’ and ‘just a few’ etc, this is a standard marketing ploy so people start searching for “actual’s” .. real figures (stats). There’s no doubt you know how to trade penny stocks and you’re obviously very good at it but, the lack of commitment to actual figures when people are seeking advice shows the ‘results’ are obviously not all positive. Your points around ‘investing in yourself’ and the way with which you word it is intended to make people feel uncomfortable to ask questions and challenge your theory which again shows more marketing style than skill in what you offer. Its a bit like sending someone to a private school vs a public school … in the end it comes down to the individual and their desire to reach their goals that will make them successful. I have no doubt your intentions are genuine but it’s the way with which you target a young demographic with key buzz words that make them feel like they’re missing out and degrades their self confidence if they walk away from your offer and you reinforce this with your rhetoric that is dodgy. TG signed up with your silver offer and joined your challenge 6 months out from hitting $1M so nice sweep and claiming its all you. IMO if you were to show a more honest side to your personality (not like on the boat) and show a clear desire to help people succeed you’d be more revered. Basically you’re a tosser with an ability to make people feel uncomfortable if they don’t listen to you. I was a part of one of your supposedly ‘live’ webinars and it wasn’t live and was full of BOT chat saying how great you were .. your ego is also compounding. Glad to see you becoming rich from others short comings with no REAL want to see them succeed unless you are the one doing it FOR them … what a jerk, and then to use anthropology as a tax dodge and claim you give a shit … well done Mr Sykes … you are the master.
Your comment is awaiting moderation.
Your comment is awaiting moderation.
Your comment is awaiting moderation.
Your comment is awaiting moderation.
Your comment is awaiting moderation.
Your comment is awaiting moderation.
Your comment is awaiting moderation.
Your comment is awaiting moderation.
Your comment is awaiting moderation.
I have been following your channel for about a year now. I am very curious and eager to take the challenge , although I have to save enough for it. Hope to do it this year. Thank you.
COOL!
Hey tim can u tell me that should I first learn all the basics and then jojn the challenge or the millionaire challenge teaches from the very bottom.
Thank u
Hi Tim…
I applied for your Millionaire Challenge and upon speaking with my interviewer, since at this time I have limited funds, she proposed a couple options to help me get started. I chose to start with the Market Prep course to learn the basics and start a trading account with $1,000. Thank you for offering free videos and trainings. That’s where I started and initially signed up for the VIP Training. If accepted I am looking forward to becoming a Millionaire Challenge Student soon. Blessings.
– Loni
This is why we have options for everyone!
Nice!
Your comment is awaiting moderation.