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Penny Stocks News

Top Penny Stocks List and Weekly Update

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Written by Timothy Sykes
Updated 3/12/2024 29 min read

This penny stocks list is a curated selection of low-priced stocks, typically trading below $5 per share, that are considered high-risk and potentially high-reward. These lists are valuable tools for traders looking to capitalize on market volatility and are often categorized by sector, market cap, or other financial metrics. Due to the inherent risks and often limited information available on these companies, a penny stocks list should only be used for watching — there’s no guarantee I’ll trade any of these stocks.

Table of Contents

5 Penny Stocks To Watch This Week

My top penny stock picks right now — rated on chart pattern, price action history, and news — include the following:

Stock TickerCompanyPerformance (YTD)
NASDAQ: VTYXVentyx Biosciences Inc+ 233.73%
OTCPK: FNMAFederal National Mortgage Association+ 41.35%
NASDAQ: SOUNSoundHound AI Inc+ 220.19%
NASDAQ: PIK Kidpik Corp+ 135.13%
NASDAQ: MIRAMira Pharmaceuticals Inc+ 31.09%

The penny stocks on this list are some of the wildest movers on the market …

Trading any of these stocks should be approached with a clear strategy and an understanding of the risks involved. I don’t trade until I see a setup I like.

Jump ahead to get to my trading plans for these top penny stocks!

What Is a Penny Stock?

A penny stock is a stock trading at less than $5 per share. You can trade penny stocks on major exchanges like the New York Stock Exchange (NYSE) and Nasdaq, but many of the penny stocks I trade are exchanged through over-the-counter (OTC) trades.

You can buy penny stocks on Robinhood, TD Ameritrade, Charles Schwab, and other stock brokerages. All of them allow you to trade penny stocks on major exchanges, but some of them don’t offer OTC trades.

Before you invest your time and resources into penny stocks, it’s crucial to understand what they are and how they operate.

Penny stocks are cheap and often sketchy, but they can build your trading account quickly if you trade well. They’re volatile and unpredictable, so you need a tailor-made strategy for penny stock trading.

Why Penny Stocks Are Great for Trading

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Despite being sketchy and unpredictable, I still primarily trade penny stocks. Why is that? Here are my reasons for trading penny stocks:

Small Accounts Grow Quickly

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With penny stocks, you should go for singles instead of home runs. And they’ll add up. Penny stock trades are often faster than trades of listed stocks, so you’ll build your trading account faster than if you were trading pricier stocks.

You can’t do this without a good broker though. That’s why I write broker-specific guides — such as this one on penny stocks on Chase. The platform offers a unique set of tools and analytics that can help you make informed decisions. Knowing how different platforms present penny stocks can be a game-changer. Learn more about penny stocks on Chase to expand your trading options.

Less Interference from Big Investors

Wall Street doesn’t like penny stocks because they see them as high-risk and sketchy, which isn’t wrong. However, their loss is our gain because you don’t have to worry about giant investment firms crashing penny stock prices by unloading their shares.

That said, the risk of trading penny stocks is real. You will encounter scams and unscrupulous companies trying to make a buck at your expense, so always research before trading.

Extended Price Moves

Fewer people trade penny stocks due to their sketchy reputation. Because penny stock trading isn’t as popular as other stocks, price moves typically play out over days, not minutes.

This isn’t to say that penny stock prices move slowly. Major price swings can lead to quick profits — or even quicker losses if you aren’t disciplined.

How To Find the Best Penny Stocks to Trade

I skip the fundamental analysis on penny stocks because most companies offering them have bad fundamentals (remember BBBY?). Instead of learning more about the company, the best way to understand penny stocks is to observe and understand. Learn their patterns and how their prices move to get a good feel of how the stock behaves.

Here are some of my top tips:

  • Analyze: Analyze the market trends and news to get a better understanding of which penny stocks are worth your attention.
  • Compare: Compare the volatility and liquidity of different penny stocks to make an informed decision.
  • Track: Track the performance of your selected penny stocks over a period to gauge their reliability.
  • Investigate: Investigate the company’s financials and news to avoid falling into a pump-and-dump scheme.
  • Monitor: Monitor your watchlist regularly, study their patterns, and spot the stocks that might make big runs in the future.
  • Research: Research is the cornerstone of any good trading plan. Use tools like StocksToTrade to dig deeper into each penny stock’s history.
  • Assess: Assess the risk factors associated with each penny stock. Remember, we’re here for the long haul. We’re here to identify high-risk to reward setups.
  • Evaluate: Evaluate the stock’s performance during market highs and lows to understand its resilience.
  • Examine: Examine the stock’s trading volume and price action to predict future movements.

Study the History

Think of stocks like athletes — they won’t deliver the same performance every time, but they have their own styles and a track record you can learn from.

One of the best ways to find which penny stock to trade is to use software like StocksToTrade to create watchlists of past runners. Monitor your watchlist regularly, study their patterns, and spot the stocks that might make big runs in the future.

Understand the Charts

Technical analysis is my preferred method for picking penny stocks because penny stock companies usually don’t have good fundamentals. Technical analysis involves identifying trends and patterns in penny stock movements.

I don’t have any magic tricks for technical analysis aside from practice, practice, and practice. Analyze as many charts as you can, make trades, and learn with every win or loss.

Top Penny Stocks List: March 11, 2024

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These are just some of the top stocks I’m watching 2023 — get the full list here! 

There are always plays to make in the small-cap market …

But there are times to get aggressive, and times to be cautious.

Right now it’s time to trade more cautiously/conservatively.

There’s a decent amount of fear in the markets.

And while I don’t trade the stocks that people put their retirement money into, three out of four penny stocks follow the market.

That means that if there’s bearish sentiment, there will be fewer spikes in my niche. In addition to that, any potential spike will likely top out earlier than a spike during a bull market.

We’ve got to keep our expectations in check. That’s how pro traders protect their accounts in choppy markets.

I can’t take more than the market is willing to give me.

My job is to show up, play the patterns as I see them, and protect my brokerage account.

Either way, I’m trading safely.

I’m seeing lots of spikes with no follow-through…

You’ll hear me say it a million times. I’d rather go home flat than go home red. So, identify the penny stocks that align with your trading strategy before diving in.

I like trading multi-day runners, which give me confidence that they will bounce well off of the panics I like to trade.

There are still opportunities in this choppy market. Just make sure to keep your risk tight.

Know when to buy. Timing is everything in trading, especially with penny stocks.

Selling at the right time is just as important as buying. Always have an exit strategy.

Trade based on patterns, not emotions. Stick to your rules and you’ll be fine.

Follow the trends but don’t forget to do your own analysis.

Think like a sniper. A sniper can watch a target for days, weeks even. When the right moment comes, they’re prepared.

Top 5 Penny Stocks to Watch This Week

My top penny stock recommendations to watch this week are:

  • NASDAQ: VTYX — Ventyx Biosciences Inc — The Biotech Spiker That Probably Won’t Dilute Too Soon
  • OTCPK: FNMA — Federal National Mortgage Association — Jack Kellogg’s Number One Watch This Week
  • NASDAQ: SOUN — SoundHound AI Inc — The Former Runner AI Stock With NVIDIA News
  • NASDAQ: PIK — Kidpik Corp — The Reverse Split Penny Stock
  • NASDAQ: MIRA — Mira Pharmaceuticals Inc — Last Week’s Big Biotech Runner

Some of these stocks might give you déjà vu…

My watchlists aren’t rocket science. They’re a product of paying attention to what’s already happened.

The stocks on this list are mostly former runners with recent news. That means I’m not the only one paying attention to them.

Here’s your disclaimer: There are a lot of factors to consider when trading penny stocks. The markets won’t forgive you if you trust in random chance instead of studying price patterns and trading selectively.

The best traders watch more than they trade. That’s what I’m trying to model here. Pay attention to the work that goes in, not the picks that come out.

Here’s some background on penny stocks:

  • What is the most promising penny stock?

A stock with a lot of volatility like Ventyx Biosciences Inc (NASDAQ: VTYX) is a good bet for the most promising penny stock. Remember, we’re traders, not investors. We’re watching the stocks on this list for short-term moves, not predicting which of these stocks will still be around in 2030.

  • What are the top 3 penny stocks to buy now?

My top 3 penny stocks to buy now (as long as their price action is strong) are Ventyx Biosciences Inc (NASDAQ: VTYX), Federal National Mortgage Association (OTCPK: FNMA), and SoundHound AI Inc (NASDAQ: SOUN).

  • Which penny stocks have a “Strong Buy” analyst rating?

Analysts don’t give any penny stocks “strong buy” ratings. These stocks are sketchy and unstable, and should never be investment targets. Always trade with a plan.

Let’s get to the picks …

1. Ventyx Biosciences Inc (NASDAQ: VTYX) — The Biotech Spiker That Probably Won’t Dilute Too Soon

My first penny stock pick is Ventyx Biosciences Inc (NASDAQ: VTYX).

Biotech stocks are always at risk of sketchy dilutions.

Essentially, it’s a corporate cash grab that tanks the share price after a big stock spike.

So, when we’re trading biotech stocks, we’re always wary of holding overnight or for long periods of time.

Don’t let that scare you … Now you know.

I’m interested in VTYX because it’s spiking with news and probably won’t dilute shares any time soon.

The stock price launched 280% starting February 20 when investment bank Piper Sandler highlighted that VTYX’s treatment could rival that of other obesity treatments in the industry.

Here’s why I’m not AS worried about the company’s cash flow …

As of September 2023, the VTYX boasted $300 million in cash and equivalents and had no debt. See the chart below:

With that said … The price will crash eventually. It’s a penny stock, that’s what they do.

But we can profit on the way down if companies don’t interfere with nasty stock dilutions.

I’m looking to panic dip buy this stock again. It already showed us a perfect profit opportunity using this pattern. Check out my trade below:

VTYX chart intraday, 1-minute candles Source: StocksToTrade

Here are my trade notes (off of a starting stake of $15,140):

Source: Profit.ly

Keep an eye out for more big price swings.

2. Federal National Mortgage Association (OTCPK: FNMA) — Jack Kellogg’s Number One Watch This Week

My second penny stock pick is Federal National Mortgage Association (OTCPK: FNMA).

OTC stocks are my bread and butter.

A little information for the inexperienced: Stocks trade on exchanges. The most popular U.S. exchanges are the Nasdaq and the NYSE. Those are for listed stocks. Companies have to submit financial statements to list shares.

Trashy OTC stocks don’t have as many requirements to list on the OTC exchange. As a result, the liquidity can be shoddy. But … these stocks also tend to follow my favorite patterns more closely.

Some of my students exclusively trade listed stocks. But Jack Kellogg is all over the market. If there’s a play to make, he’s there.

Jack worked as a valet less than a decade ago. Then he joined my Challenge … Right now his market account is sitting at $12.4 million in trade profits.

And Jack continues to give back to the Challenge community.

You can see a snippet of one of his live streams below:

And he sends stock watchlists to students. FNMA was at the top of his list on March 10:

Source: TheChallenge

I had to redact parts of his watchlist to keep my legal team at bay lol.

If you want the full watchlist, take the same path as Jack Kellogg and all the rest of my millionaire students.

And at the very least, keep an eye on this OTC runner that just broke to new highs. There’s a multi-month chart below with 1-day candles:

FNMA chart multi-month, 1-day candles Source: StocksToTrade

We can use areas of obvious support and resistance to build positions on these runners. Pay attention to past price action.

3. SoundHound AI Inc (NASDAQ: SOUN) — The Former Runner AI Stock With NVIDIA News

My third penny stock pick is SoundHound AI Inc (NASDAQ: SOUN).

The company works in “conversational intelligence”. Essentially its services help business people communicate if there are language barriers.

When the AI boom began in 2023, SOUN was one of the first runners.

Always remember: Past spikers can spike again.

In 2023 the price spiked 410%. But it sank from those highs in 2024.

A lot of trashy penny stocks can spike hundreds of percentage points. But they ultimately crash back down.

It’s possible for the price to rally and push to new all-time highs. But it takes a BIG catalyst and BIG volume to push through all the bagholders.

SOUN started as a crappy tech stock … But something changed.

On February 15 it was announced that NVIDIA Corporation (NASDAQ: NVDA) bought a stake in SOUN …

NVDA is the star of the U.S. stock market this year.

As a result, SOUN prices spiked 250% since February 15. It shot past 2023 highs on February 26.

More recently, prices dipped to support at $5. And right now it’s rallying toward the highs.

Keep an eye on this former AI spiker eyeing new highs.

4. Kidpik Corp (NASDAQ: PIK) — The Reverse Split Penny Stock

My fourth penny stock pick is Kidpik Corp (NASDAQ: PIK).

On March 7 we learned the company successfully held a 1-for-5 reverse stock split.

A reverse stock split is the opposite of a dilution.

The company combines outstanding shares to increase the value of every remaining share.

Sometimes it’s difficult to tell which way the stock will move … Yes each share is more valuable, but there are also fewer shares so it evens out.

As a catalyst, crappy penny stock companies usually hold reverse splits to keep themselves above the $1 exchange-listing minimum price for the Nasdaq.

That’s why: We react to volatile price action instead of predicting it. Wait to see which direction the stock goes …

PIK spiked 460% since the March 7 announcement.

The price could squeeze higher, keep an eye on past price action for key levels of support.

5. Mira Pharmaceuticals Inc (NASDAQ: MIRA) — Last Week’s Big Biotech Runner

My fifth penny stock pick is Mira Pharmaceuticals Inc (NASDAQ: MIRA).

This is a huge former spiker from November 2023. Past spikers can spike again.

In November 2023, MIRA announced a new license agreement for a Ketamine treatment. In case you hadn’t heard, Ketamine was first developed as an anesthetic in 1962. But more recently it’s been recognized as a possible treatment for depression.

The stock spiked 380% within the month.

Fast forward to February 5, the stock announced a collaboration with Pharmaseed to conduct pre-clinical ketamine studies.

I snagged some profits from the 60% spike, my trade notes are below (starting stake $9,025):

Source: Profit.ly

The stock started to spike again on March 8 after the company announced bullish updates regarding its marijuana product to potentially treat dementia.

The move has reached 90% so far. Prices are consolidating around $1.50.

Trading Education

Research is your best weapon in this battlefield. Equip yourself with knowledge before you start trading.

I can give you all the “hot picks” you want — but that means nothing if you don’t know what to do with them.

Becoming a self-sufficient trader isn’t a game of getting the right picks before anyone else…

The market is based on supply and demand. For a stock to move, other traders have to know about it.

If you spend just five minutes with a powerful trading platform like StocksToTrade, it will be obvious what stocks are hot on any given day.

Guess what? Other traders know that too.

Trading is a battlefield. If you don’t read the instructions, you just get the location — no weapon.

But fear not — giving new traders their education is what I was put on this earth to do!

**Apply for the Trading Challenge Today**

I’ve been trading for more than 20 years. During that time, I’ve made over $7.5 million.

That isn’t what I’m most proud of. I’m prouder that I’ve turned more than 20 of my Trading Challenge students into millionaire traders.

I didn’t do this by giving them hot stock picks. I did it by being relentlessly honest about my successes and failures and teaching them to be that way, too.

You don’t become a millionaire trader by trying to impress your Twitter followers, like so many other ‘gurus’ do. You get there by being honest with them, and yourself. That’s why I’m always honest with my students — ESPECIALLY about my failures.

Because they’re not real failures if I’m following my rules, and cutting my losses quickly. When I lose, I want to show my students the right way to trade. That’s the secret to becoming a self-sufficient trader — knowing how to manage your losses.

Are you ready for this level of real talk? Apply for my Trading Challenge and show me what you’ve got.

We don’t accept everyone. We like to limit our community to people who are humble, people who work hard.

Think you’ve got what it takes? Apply to my Trading Challenge today!

Why You Should Consider Penny Stocks

sykes giving you two thumbs up
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Penny stocks get a bad rap.

Sure, 99% of them are crap. Most are even outright scams.

But where else can you earn 15-30% profits on a single trade?

If you buy a penny stock thinking it will become the next Amazon, you’re basically buying a lottery ticket. That can be fun, but it’s no way to build your trading account.

The right way to go about it requires discipline and a good trading plan.

How To Choose the Right Penny Stocks to Trade

I want my students to become self-sufficient. Like I said before, my watchlists aren’t rocket science. I build them by sticking to these eight steps.

Look for Big Percent Gainers

How do you find hot stocks? The first step is learning to use a stock screener.

I scan in the premarket to know what’s moving. Penny stocks that know the game often put out PR in the premarket. This gives traders the whole day to send their stock prices up before they dilute.

I typically look for 10% gainers. These are the stocks that the rest of the market has their eyes on.

I keep these big gainers at the top of my watchlists. These stocks can offer quick gains if you play your cards right, but remember, the volatility works both ways. Stay ahead of the game by keeping an eye on penny stocks on the move.

Does It Have News?

We’re in the world of penny stocks, so this is a fair question to ask.

The ‘product’ of most penny stocks is their own stock. They want to pump it up, then insider trade/dilute into this built-up demand.

A lot of penny stock traders will believe anything — but I won’t. I want to see more than a celebrity tweet of a stock before I trade it.

How’s the Volume?

Volume is the proof of demand. If a stock has enough volume — on a small enough float — that’s a good sign that the price will continue to move.

Look at the Exchange

how to read earnings reports why traders look at earnings announcements
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OTC exchanges aren’t for everyone.

Figure out whether your strategy works with OTC stocks. If you’re not willing to pay the fees and deal with low volume, you might want to stick to listed stocks.

Penny stocks on Nasdaq offer a different flavor of risk and reward. Understanding their nuances can give you an edge in your trading strategy. Check out this guide on penny stocks on Nasdaq for more insights.

Investigate the Company History

This is another good way of seeing whether the news will hold up.

Is this a real company? Is their stock a former runner?

You know the saying ‘fool me once, shame on you, fool me twice, shame on me?’ Smart traders don’t get fooled twice.

Always Verify Their Claims

Sketchy penny stock companies will say anything to pump their stocks.

Luckily, you have the internet at your disposal. Always check up on their claims.

Be Skeptical

Expect the stock you’re watching to tank. Nine out of 10 will — the percentage goes higher if you watch them long enough.

Rinse and Repeat to Add Penny Stocks to Your List

That’s it! Keep an eye on stocks that are moving, and wait for their next move. Never trade them before they fit your preferred setup.

How To Use the Top Penny Stocks List

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You should use this list as a model for your own watchlists.

Don’t just copy the stocks on this list. Learn my selection process and create your own.

Sign up here and I’ll send you a new NO-COST watchlist every week.

What Are the Common Risks of Investing in Penny Stocks?

If you’re thinking about investing in penny stocks, you better know the risks involved. These aren’t your blue-chip, dividend-paying stocks. We’re talking about companies with a low market cap, often less than $300 million. These are small-cap stocks, and they come with their own set of challenges.

High Volatility

First off, let’s talk about volatility. Penny stocks are like riding a roller coaster without a seatbelt. The share price can swing wildly in a matter of hours. I’ve seen it all in my years of trading and teaching. One minute you’re up, and the next, you’re staring at a sea of red on your trading page. High volatility isn’t for the faint-hearted. You need a solid strategy to navigate these choppy waters.

Low Liquidity

Next up, low liquidity. You might find a penny stock with a great name and business model, but if no one’s buying or selling, you’re stuck. I’ve written articles and newsletters warning about this. You can place an order, but there’s no guarantee it’ll get filled. Low liquidity means you might not be able to sell when you want to, and that’s a risk you can’t ignore.

Pump-and-Dump Scams

Be wary of pump-and-dump schemes. These are orchestrated efforts to inflate a stock’s price artificially. I’ve been exposing these scams for years. They often include misleading information and are usually promoted through sketchy newsletters or web pages. Don’t fall for it. Always do your due diligence.

Lack of Information

Lastly, the lack of information. Unlike large-cap stocks, penny stocks don’t have to disclose as much. You might find yourself sifting through Canadian or even Chinese companies with little to no information. Access to reliable data is limited, and that’s a significant risk. Always double-check your sources and look for credible links.

Key Takeaways

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Penny stock trading is a great way to build your account as a new trader. If you’re new to this, study the patterns I teach. And pay attention to the following …

Key Considerations:

  • A lot of penny stocks are shady. Risk in penny stocks can be heightened due to limited company information and unsavory promotion.
  • There’s a possibility for big gains. I trade penny stocks because you can trade conservatively and still rack up gains. These stocks can go supernova at any time. Aim for “the meat of the move.”
  • These companies are often young. Some penny stocks are newer companies, and can dramatically shift their market trajectory and valuation.

Penny stocks can be a blessing or a curse — it’s all in how you trade them. Don’t just copy my penny stock picks blindly. Learn why I picked them and choose your own stocks to watch.

Which penny stocks are on YOUR watchlist? If you’ve been paying attention, write “I always trade with a plan” in the comments!

Frequently Asked Questions

Trading is the hardest thing you’ll ever learn. There are no dumb questions.

How Many Penny Stocks Should I Buy?

Diversification is key, but don’t go overboard. I usually recommend watching a few different penny stocks, and making even fewer trades. But remember, the more you include, the harder it is to keep track of them all. Stick to a manageable number.

Should Beginners Invest in Penny Stocks?

Penny stocks aren’t for everyone. The risks are high, and the learning curve is steep.

And whatever you do, remember… never invest in these stocks, only trade them!

Is There Any Alternative to Investing in Penny Stocks?

If penny stocks seem too risky, there are alternatives. Consider investing in small-cap ETFs. These give you exposure to small businesses without the extreme volatility. You can also look into dividend-paying stocks with a higher market cap for a more stable investment.

How Does Fundamental Research Affect Penny Stocks?

Reports are crucial documents that often provide detailed financial statements and analyses of a company. They can significantly influence the growth of penny stocks by revealing positive or negative performance metrics. Notices, on the other hand, are usually shorter pieces of information like press releases or regulatory disclosures that can also impact stock growth. For example, if a company receives a notice about an upcoming partnership, this could positively affect its growth prospects.

What Role Does Market Context Play in Penny Stocks?

Partners can offer substantial business advantages, especially for penny stocks which are often smaller companies seeking growth opportunities. A strategic partner can provide much-needed capital, expertise, or market access to markets like China.


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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”