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Trading Tips-Tim Sykes Penny Stock

The #1 Play To Make This Friday!

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Written by Timothy Sykes
Updated 2/8/2024 5 min read

I’m ALMOST overwhelmed right now.

This 2024 market continues to spike higher. And the momentum trickles down to our sector!

There are so many low-priced spikers to trade right now.

Almost every day the S&P 500 ETF Trust (NYSE: SPY) pushes to new heights. Take a look at the chart below for an update.

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

When the larger market is hot, we have more profit opportunities among small-cap stocks.

We focus on small-cap stocks because we can load up on cheap shares and ride the huge percent gain.

If you didn’t read yesterday’s blog post about the 3,200% spike on MicroCloud Hologram Inc. (NASDAQ: HOLO)Here’s that publication.

The share price started around $2.

A $2 stock that spiked 3,200%! Are you kidding me?!

Those of you with a small-account, there’s no excuse to sit on the sidelines.

This is my list of the biggest small-cap runners right now …

  • Syra Health Corp. (NASDAQ: SYRA)
  • Hitek Global Inc. (NASDAQ: HKIT)
  • Gorilla Technology Group Inc. (NASDAQ: GRRR)

But there’s a catch:

It’s possible to lose money on a volatile spike.

Actually, 90% of traders lose because they DON’T understand how to play these runners.

There’s a very simple solution: My students and I trade the most popular patterns to keep our accounts safe.

I’m not buying at random. This isn’t gambling.

I wait for the most predictable setup on the most volatile stocks. That’s how to mitigate risk.

Don’t swing for the fences!

Instead, take calculated profits from the market’s biggest spikers.

The Hottest Patterns

© Millionaire Media, LLC

The patterns never change.

Here’s why:

The markets’ most volatile stocks are often trading with hysteria.

There aren’t any Wall Street algorithms trading these small-cap stocks. And the SEC doesn’t have time to police this sketchy sector.

As a result, a volatile stock’s price action is likely to get “out of control”.

That means: The price action doesn’t make any sense to an average trader.

But I’m not an average trader …

90% of traders lose. Over the last +20 years I’ve pulled $7.5 million in trading profits from the market.

When the price action reaches max hysteria, it’s most likely to match a very specific trading framework.

Because people are predictable during times of high stress.

Like when a stock is launching +1,000% intraday.

Most people don’t understand the true nature of these spikes. And unfortunately, they’re the ones who create profit opportunities for savvy traders like you and me.

Let’s get this straight: I never wish losses on any traders.

The reason I got into this niche is to expose the scummy stock spikes that unsuspecting traders get sucked into.

But more than 2 decades later, very little has changed.

If anything …

  • The spikes are faster now.
  • And the stocks spike higher.

For traders who understand these patterns, the profit opportunities are NEXT LEVEL.

I filmed a brand-new video with the top patterns we’re using right now. And I use the most recent 2024 spikers as my examples.

This is niche information.

How to profit off the biggest spikers in the market:

Friday Opportunity

This blog post comes out on Friday morning. Hopefully you’re reading it before the market closes this week …

I shared the hottest trade patterns in my newest video.

But there’s a very specific setup that I look for EVERY FRIDAY. 

So far in 2024 I’ve played this pattern twice:

Source: Profit.ly
Source: Profit.ly

And there’s still time to catch this Friday’s runner!

Pay attention into the afternoon. We’re looking for spikers that launch higher at the end of the day

This is the pattern that I use every Friday.

End this week on a strong note!


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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

* 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”