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The Hottest Profit Opportunities This Week

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

It’s easier than ever for traders to learn this process.

Every year the technology gets better.

3 decades ago traders were checking price quotes in the daily newspaper. While Wall Street had real time information from the trading floor.

The internet helped small-account traders gain an edge. For the first time we had easy access to updated stock prices throughout the day.

But Wall Street was still miles ahead of us.

  • They paid for market information first.
  • They employed the best analysts.
  • They laid high frequency cables to increase transaction speeds.

Wall Street has always had the upper hand.

But every few years, small-account traders get a little closer.

  • Faster internet speeds.
  • Consumer software with built-in market scans and indicators.
  • Services that report news at Wall Street speed.
  • Accessible trading algorithms.

I’ll repeat myself: It’s easier than ever for traders to learn this process.

And we have technology to thank for that.

It’s probably the reason why I’m minting so many new millionaire students. I’m always looking for new ways to help my students learn.

And in 2024:

  • The market is red hot.
  • There are profit opportunities every day.
  • And my trading alerts are helping students navigate this momentum.

It’s easier than ever to start.

Take advantage of this!

This Week’s Opportunities

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There’s no time to waste.

I don’t know when this momentum will shift.

There are more opportunities to profit for small-account traders if the larger market is bullish.

And we’re in the middle of a HUGE bull run. Take a look at the S&P 500 ETF Trust (NYSE: SPY).

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

Those are new all-time highs …

Now is the time to pay attention. Put your foot on the gas!

One of the most recent trade opportunities was on Atara Biotherapeutics Inc. (NASDAQ: ATRA). The stock launched after it announced the publication of its phase-3 trial data for a T-cell therapy.

Take a look at this absolute heater:

ATRA chart multi-day, 3-minute candles Source: StocksToTrade

That’s a 150% spike in less than 2 days.

And it offered a clear opportunity to profit.

My scanner alerted an A+ setup the day before it went vertical. This is part of the technology boost that small-account traders are experiencing in 2024.

There are tools right now that reveal HUGE trade setups.

These were the trade parameters alerted before the spike …

Source: XGPT

An entry at $0.80.

A stop loss at $0.69.

The next day, prices opened at $0.79 and made morning lows of $0.77. Right before it spiked to $1.58.


Friday’s morning setup was a 90% profit opportunity.

And all of my students had the opportunity to take profits. Here’s one user from the Challenge chat room:

10:34 AM Slug_Life: XGPT alert was the shit on $ATRA BTW.

11:43 AM Slug_Life: All out of $ATRA at 1.03 thanks to Tim and thanks to XGPT

This week we’re watching the exact same scanner for the next big play.

XGPT Alerts

© Millionaire Media, LLC

XGPT is an AI trading tool I created since the advent of AI in early 2023.

It took some time to figure out the system. But like I said: I’m always looking for new ways to help my students make money.

AI is not the enemy. We can use this technology to trade more efficiently.

It’s easier than ever for new traders to learn this process.

Take advantage of the opportunities or risk missing out.

There are new trade opportunities every day. Let AI do the grunt work, it’s our job to make the trade.


>> Find the next trade setup <<

Keep grinding!

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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”