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Normal People Don’t Understand This About Traders

Trading Lessons

Normal People Don’t Understand This About Traders

Timothy SykesAvatar
Written by Timothy Sykes
Updated 1/15/2026 5 min read

In this article Last trade Feb, 05 7:41 PM

  • ROLR-17.45%
    ROLR - NYSEHigh Roller Technologies Inc.
    $4.40-0.93 (-17.45%)
    Volume:  758102
    Float:  3.08M
    $4.31Day Low/High$5.36

Traders aren’t like normal people.

They used to be normal … But after months of studying, grinding, and wandering through the battlefield of the market, trade after trade, they eventually change.

There’s a hardened emotional maturity that grows around them.

Like an armor.

I see it on all of my millionaire students.

And on guys like Jack Kellogg, who now has $24.8 million in trading profits, the armor is thick.

I notice it instantly, so I can imagine the change is drastic for the people closest to them. Like they’re friends and family.

Traders stop chasing comfort. They stop reacting emotionally. They stop clinging to things that don’t serve their goals.

That’s why non-traders don’t understand us, and don’t have the same success.

They say traders are “cold.” But that’s not true.

We’re just decisive.

When the market’s open, emotions get you killed. Hesitation costs money. Too much attachment will destroy accounts.

And our mindset bleeds into the rest of our lives. Into our relationships, how we think about love and loyalty.

You might have heard, Jack Kellogg just got engaged

This seems like a good time to revisit one of my oldest lessons.

Why I Say Traders Should Never Marry

I helped share Jack’s engagement announcement on January 3.

Look at the post below:

I’m beyond happy for Jack and Mari.

Mari is also one of my millionaire students. She and Jack met at my annual conference a few years ago and started dating.

Now they’re tying the knot!

I feel like … A proud uncle maybe? I don’t know. 😆

In any case, I’m so proud of both of them and I’m ecstatic to see them both so happy.

I’m 100% confident in this marriage.

But not all marriages are created equal.

Earlier in my career, I opened a hedge fund and I married a bad apple …

Cygnus eTransaction Group, Inc. ($CYGT) was her name. She was an e-ticketing stock.

It was a new technology at the time. And I was right about the tech, but I was wrong about the stock. That position essentially blew up my entire fund.

I lost money. A lot of my friends and family lost money. All because I married a stock in the market.

And I’ll never do it again.

Just the other day, on January 14, I traded a stock that looked perfect. But when the price showed weakness, I got out for a profit before the chart tanked on me.

Don’t marry these stocks.

Instead, trade the best setups for gains and get out.

My Anti-Marriage Trade Strategy

On January 14, Autozi Internet Technology Ltd. (NASDAQ: $AZI) announced it regained Nasdaq compliance.

The stock spiked 51% during premarket hours. And with a float of only 983k shares, this stock could have spiked much higher.

I bought shares as it moved toward a regular-hours breakout and a potential retest of the premarket highs.

But the price action started to look weak. So I sold my position for a 2% profit right before the price tanked.

You can see my position on the AZI chart below. Every candle represents one trading minute:

AZI chart intraday, 1-minute candles Source: StocksToTrade
AZI chart intraday, 1-minute candles Source: StocksToTrade

I got out before the chart failed. And I was in a perfect position if it exploded higher.

This was a perfect trade.

AZI is still on my watchlist. I can always get back in. But I’m not going to wait around and hold onto losses to see whether or not that happens.

My trading process allows me to take advantage of the best setups every day without risking a life sentence of losses.

My trade on AZI is a small glimpse of what’s possible with this strategy. Imagine what it looks like when the stock surges instead of craps out …

Oh wait, you don’t have to imagine.

Look at High Roller Technologies Inc. (AMEX: ROLR) from the same day.

It spiked 850%* after announcing a partnership with Crypto.com. I traded the breakout for a 17% profit:

ROLR chart intraday, 1-minute candles Source: StocksToTrade
ROLR chart intraday, 1-minute candles Source: StocksToTrade

Learn My Trade Strategy NOW!

Apply it on the next hottest runner.

Cheers

 

*Past performance does not indicate future results


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Comments (1)
BerehaneJan. 15, 2026 at 2:16 pm

I am studying. Thanks Tim!!


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.
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In this article (YTD Performance)


* 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”

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