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Meet My Newest Millionaire Student, Chace!

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Written by Timothy Sykes Reviewed by Jack Kellogg Fact-checked by Ellis Hobbs
Updated 11/11/2024 4 min read
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It’s Tim Sykes here.

This is why I teach!

To help people realize that they have the power to change their own lives!

You don’t need fancy degrees, you don’t need to be born with money, you just need determination and the right path to success.

Stock trading is difficult because there are so many different ways to profit.

New traders often get confused and overwhelmed. Plus, all the while, there are merciless stock promoters trying to unload their positions onto unsuspecting newbies.

It’s a jungle out here.

But there IS a process for success …

And in 2024 I’ve had the privilege of congratulating multiple students as they crossed the $1 million milestone. For example, Chris and Evan crossed the milestone earlier this year.

And yesterday, I was able to congratulate another student!

See my post on Instagram below:

Source

Chace is not my first millionaire student … And he’s far from my last!

There’s a whole community of traders who are pushing toward consistent profits right now.

How My Students Find Profits:

Source

There’s a framework that the most volatile stocks in the market like to follow.

It has 7 steps.

And within the framework there are multiple patterns that we can use to trade.

The framework AND the trade patterns are a manifestation of fear and greed in the market.

People behave predictably when they’re stressed. Like when they have money in a stock that’s spiking +100%.

And we see +100% spikers almost every day …

More Breaking News

Just yesterday, Monday, November 11, CERo Therapeutics Holdings Inc. (NASDAQ: CERO) spiked 220%*.

The patterns that we use to trade are always the same. We just apply them to the next stock spike.

And my newest students get to use artificial intelligence to find these plays …

The patterns are always the same! Of course I’m going to teach them to an AI and see if it can call profitable trades … It was a no brainer!

After a few months of prompting my XGPT bot, it started alerting trades.

Below is an example of a trade it alerted on Agora Inc. (NASDAQ: API) from last week. The alert came out on Thursday afternoon, and API followed the price action to a T.

Look at the alert below overlaid on the chart, every candle represents one trading minute:

API chart multi-day, 1-minute candles Source: StocksToTrade

Get the next XGPT trade alert!

Take it one trade at a time.

You won’t become a millionaire overnight.

But … With determination and the correct trading process, anyone can use the stock market to build their dream life.

That’s what I teach. And that’s what I preach.

See my post below:

Start using my AI to find trade opportunities TODAY!

There are stocks spiking as we speak. These opportunities are right at your fingertips!

Cheers.

 

*Past performance does not indicate future results

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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”