timothy sykes logo

Success Stories

Stock Market Madness: My Students CRUSHED It

Timothy SykesAvatar
Written by Timothy Sykes
Updated 3/2/2021 12 min read

How can you trade smart through the stock market madness?

First, know that uncertainty breeds opportunity.

For three months, I’ve been warning people about the COVID-19 pandemic.

I was called out for spreading fear. Twitter thought I was paranoid. I bet some of you thought I was downright insane. But…

Most people are finally beginning to understand the severity of the outbreak. This is very real.

Right now isn’t the time to be aggressive in your life. I don’t want to see people skydiving or doing backflips off bridges. On the other hand…

This can be a great time to be aggressive with your trading — but probably not in the way you think. I don’t mean gunslinging or blindly following alerts. Instead…

Make a trading plan. Stalk your plays, wait, and…

Pounce when an opportunity presents itself. Fortunately, there’s no shortage of opportunity in this volatile market, and…

My Students Are Crushing It

stock market madness
left to right: Jack Kellogg, Dominic Mastromatteo, Kyle Williams, Timothy Sykes – courtesy of Don Mash

We’re all home (or at least most of us) with internet access. I think you can use this lockdown as an opportunity to improve your situation.

Because even though the market is crashing

My top students and I had record trades in March.* 

We’ve never seen a market like this. We may never see another quite like it. Too many people are bored and don’t know what to do at home. Meanwhile…

I’m just trying to keep up with all the stocks moving. March was stock market madness. 

I profited nearly $50,000 in March.* (See my verified trades here.) All of which I donated to charity through my Karamagawa partnership. Here’s my Instagram post about Karmagawa’s donation.

(*These results are not typical. My students and I have spent years developing exceptional skills and knowledge. Always remember trading is risky. Never risk more than you can afford.)

Yeah, $50K sounds impressive … But I want to emphasize I didn’t win every trade. And I didn’t have one massive winning trade.

supernova placement

As a trader, you can’t win every trade. It’s not possible. Period. If you hear gurus claiming they win 100% of the time … RUN.

In fact, throughout March I traded a little smaller than normal. The quantity and quality of opportunity were off the charts thanks to…

Stock Market Madness: Volatile Market Plays

Post image

Get my weekly watchlist, free

Sign up to jump start your trading education!

Right now, there are enormous opportunities in penny stocks. Now you may be thinking…

“How is this possible? The overall stock market is down.”

That’s why I love penny stocks. They don’t follow the overall market. They live in their own little world, and Wall Street shuns them for it.

There are trading opportunities right now … but only if you’re prepared and you know the patterns

watchlist banner

My top students really stepped up this month. They were prepared, saw the opportunities, and traded their plans.

Want to learn how to trade penny stocks but don’t know where to start? Access my FREE penny stock guide here. And…

I just released my no-cost “Volatility Survival Guide.” It focuses on how to trade through wild volatility — just like what we’ve seen with the recent market. The guide is about two hours, with trade examples and what I look for in a volatile economy like the one we’re in now.

This is also a great time to study…

How My Students Learn to Trade Through Any Market

You can learn to trade through any market. But you have to study. History matters. Hot sectors are key. So if you haven’t seen a market like this before, pay attention. Not every trader can nail plays in these volatile markets.

That’s OK. Consider this part of your education. Prepare now so you’re ready for the next hot sector or volatile market.

(Get my FREE weekly stock watchlist here.)

How do my top students do it? Let’s start with one of my latest six-figure students…

Jack Kellogg (Jackaroo on Profit.ly)

jack kellogg and tim sykes
© Millionaire Media, LLC

Jack made nearly $80,000 in March* … See Jack’s verified trades here.

He shares a lot about his trading on Twitter. He’s generous and active in the TimChallenge chat room.

Before March, Jack was up around $200,000. He reports increasing his total profits by over 50% in one month*

I reached out to Jack and asked him what changed. His answer was surprisingly simple …

“Its no secret the market is extremely hot right now, but this month was a long time in the making. I’ve failed to capitalize on nearly every hot market I encountered — but they prepared me for this. The bitcoin run in 2017 and weed run in 2018 were huge lessons… 

“I knew the potential of a hot market but I stayed in my own lane and remained focused. I stuck to the same simple patterns I use every day, cut my losses quickly, and added to winners.”

This is exactly why preparation is everything. Use his journey as inspiration.

Here are some other top students you can learn from…

Kyle Williams (kylecw2 on Profit.ly)

© Millionaire Media, LLC

Kyle’s my newest six-figure student. Like Jack, Kyle hit his trading stride in the OTC market. At the 2019 Trader & Investor Summit, Kyle discussed his mission to transition to listed stocks this year. (You can order the conference DVD here.)

Kyle’s reports closing in on $200,000 in total trading profits. In March, he locked in $22,658.55.*

Here’s what he had to say about his record month…

“I’d say I’m trading well in this market because I’ve experienced other markets that are very similar. Facing a whole global pandemic is new, but having sector momentum pop up with virus-related stocks is something that I’ve seen happen numerous times over the years.

“Shipping, energy, low float, weed stocks, sector manias, etc. … All have played out the same as virus stocks are playing out now. It really comes down to past experience creating present preparation.”

Jack, Kyle, and Andrew (another up-and-coming student) were recently in an episode of the SteadyTrade podcast. Check it out:

John Papa (papajohn on Profit.ly)

John’s one of my most dedicated students. He has been studying my lessons for years. Although he’s struggled in the past, I’m so proud to see his consistency this year.

He also reports a record month in March … locking in $17,923.03.*

What does John report is working for him? Cutting his losses quickly and staying consistent.

Alright, time for my millionaire mentors. Fasten your seatbelts…

Mark Croock (markcroock on Profit.ly)

mark croock and tim sykes
© Millionaire Media, LLC

Mark rarely gets the credit he deserves. He’s my newest millionaire student* and extremely valuable in my Trading Challenge. He personally takes time to email students, answer questions, and review watchlists.

Mark’s been refining his strategies for years and recently turned his focus to options. In February I highlighted his $40,000 week trading Tesla, Inc. (NASDAQ: TSLA).

2020 has been a killer year for Mark. He continued his success through March by locking in over $161,000.* See Mark Croock’s profit chart here. 

Now here’s the biggest winner … and the guy everyone should be inspired by…

Tim Grittani (kroyrunner on Profit.ly)

stock market madness
© Millionaire Media, LLC

For years I’ve been saying Tim Grittani has far surpassed my trading abilities. March is just the latest example of his talent.

Grittani locked in a mind-boggling $765,291* in March. That’s right — three-quarters of a million dollars in one month.

He passed $10 million in total profits* in February and is already trying to bust through the $11 million profit level. Words can’t describe how proud of him I am. And here’s what’s amazing about all this…

He doesn’t win every trade. According to his Profit.ly stats, he only wins about 67% of the time. That’s inspiring!

But it’s not always about making $50K or $100K in a month.

Take this student for example…

Jack Jablonski (jackss on Profit.ly)

March was Jack’s first four-figure month. What do I mean by that?

It means it’s the first time he reports making over $1,000 in one month. But he didn’t just make $1,000, he reports locking in $6,000.*

And he did it by locking in small gains day after day.

It’s all about consistency, keeping losses small, and locking in small gains. Check out Jack’s trades on Profit.ly

He didn’t win 100% of the time or have a single big win. His small trades added up to a great month.

[*Please note these results are not typical. These traders have exceptional knowledge and skills that they’ve developed with time and dedication. Most traders lose money. Trading is risky. Do your due diligence and never risk more than you can afford.]

Conclusion

Realize the potential of stock market madness. Far too few people realize the potential of penny stocks and even fewer learn this niche.

I can’t tell you how many people message me every day to tell me I’m in the wrong niche … or that no stocks are going up … or that I must be losing tons of money …

Welcome to the world of ignorance. 

This volatile market is causing crazy spikes every day lately. It won’t last, but if you’re prepared, the opportunities are there.

The problem is most people believe CNBC and think it’s the be-all and end-all. Guess what?

CNBC makes all its money from ads. Think about that next time you click on a panic-driven headline.

I want to see you become a smart, self-sufficient trader. I’m sick of seeing 90% of traders lose their money when there are so many great plays.

Are you willing to put in the work? Apply for my Trading Challenge today. This is your chance to learn from my top students. Use their processes and strategies as inspiration for your own trading.

Which of my top students do you want to learn from? There’s no wrong choice! Comment below … I love to hear from my dedicated readers!


How much has this post helped you?


Leave a reply


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. Read More

Post image

Get my weekly watchlist, free

Sign up to jump start your trading education!

* 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 (205) 851-0506 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”