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.**

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.

1. 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.

5. 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!