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How I Profit From Promoter Scams – Stay Safe!

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Written by Timothy Sykes
Updated 3/12/2024 5 min read

Most people get stuck on the wrong side of these stock spikes.

And it’s a shame because there are REAL opportunities to profit from these big runners.

The reality is: The most volatile spikes in the market, they’re usually dubious stock pumps. I had a small conversation about it with someone over X. See the post below:

Source: Twitter
Source: Twitter

There are scammers everywhere!

For example: I just heard there’s some AI scam going around where people get a voice call from someone that sounds like one of their relatives …

Source: clickondetroit

Sadly … You have to be aware of these traps. The world is not without daily risks.

But, when it comes to the stock market: We can use the sketchy pumps for our own gain.

These stocks will keep spiking.

Yes, some stock pumping can be illegal. But the SEC doesn’t have time to run down every penny stock. And unfortunately, people will continue to fall for these pumps.

I’ve used THE SAME framework to trade these spikers for 20 years. And the patterns never change because people are predictable.

They get tricked by promoters and the volatile price action. Most lose money and then they don’t put in the work to truly capitalize.

You don’t have to trade … But you should learn the life cycle of these stocks to keep your account safe in the future.

What happens when you get a stock-pump email a year from now … ?

Here’s How To Stay Safe

tim sykes grand canyon edge with laptop
© Millionaire Media, LLC

By the time you hear about a stock in your email, it’s probably too late.

Maybe in the early 2000’s you could still snag some profits the day of the spike. But ever since the dot com boom, global internet sped up the lifecycle of a sketchy stock pump.

The framework is the same, but what used to take a week or two, can now happen in a matter of days. Even intraday …

That’s why my students and I use StocksToTrade’s Breaking News.

We’re always early for these plays because Breaking News sifts through the hottest market news RIGHT WHEN IT COMES OUT.

For decades Wall Street’s been paying for early news. The Breaking News tool is a small-account trader’s Wall Street equivalent.


Once the stock puts in a huge spike and slides back down … it’s usually over.

The entire framework is right here.

One of the biggest spikers recently, Psyence Biomedical Ltd. (NASDAQ: PBM) ran 230% in one day. Look what happened next:

PBM chart multi-day, 10-minute candles Source: StocksToTrade

Somewhere in the world there’s an unfortunate soul who bought at $4 thinking it would go higher.

That could have been you!

But now you know the truth.

And you can use it to profit if you like …

Learn The Framework

Tim Sykes tosses his book An American Hedge Fund in the Alps
© Millionaire Media, LLC

These spikers can show predictable price action.

I profit by playing small parts of the larger move.

That’s how I teach my students to trade. And I currently have over 30 millionaire students. We all use the same process to profit!

Burn this framework into your brain.

And if you’re ready to get serious … All of my millionaire students came from The Challenge.

It provides traders with every tool necessary for long-term success:

  • Trading live streams
    • Access to new live streams and a HUGE library of past trading live streams.
  • Video lessons in the same library. I explain trade strategies and in-depth details.
  • Watchlists.
  • Trade alerts.
  • Access to the Challenge chat where you can ask my millionaire students direct questions.
  • Trader tailored tools.

There are new profit opportunities every day. And during this 2024 market the spikes are bigger than usual. 3 out of 4 stocks follow the market.

Apply for the Challenge to start your trading journey.

Take advantage of this momentum while the bull market lasts!



*Past performance does not indicate future results


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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”