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Trading Tips-Tim Sykes Penny Stock

Tools of the Trade: Don’t Miss STT’s Limited-Time Labor Day Sale!

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Written by Timothy Sykes
Updated 4/18/2022 7 min read

StocksToTrade’s Labor Day Sale: Key Takeaways

  • Traders must study hard — but they need the right tools, too…
  • StocksToTrade makes it easy for traders to scan for plays that fit their criteria…
  • STT’s Labor Day specials for new + existing subscribers — don’t miss these deals!

Too many traders expect things to be easy in the stock market. Sorry, but trading will always demand time and effort. That’s why Labor Day is the perfect time to invest in your education. It’s literally a day dedicated to working hard!

The right tools can help you work smarter and harder. StocksToTrade has an incredible Labor Day sale going on from September 3–10, 2021 — don’t miss it! 

Read on for the details of this incredible limited-time offer…

What I’m Doing This Labor Day

© Millionaire Media, LLC

A lot has changed since Labor Day 2020.

Happily, I’m back to trading and traveling. I love the freedom that trading penny stocks gives me.* I love how my students are inspired to pursue their dreams, too.

But I’m focused on more than just stocks. I’m also working hard to help others.

Right now, the people of Afghanistan need help. Along with Karmagawa, I’ve organized a fundraiser to provide aid to the people of Afghanistan. I hope you’ll consider contributing…

Make a donation to help the Afghan people here. Can’t donate? That’s OK. Please share the post so we can raise awareness.

Over the upcoming long weekend, I’ll also take some time to help my Trading Challenge students prepare for the week ahead in the stock market.

I’m constantly recording videos to help my students learn. And I post every trade publicly so my students can learn from them…

Why Traders MUST Prepare

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There’s no excuse for traders to be unprepared. I put out so much content, including my NO-COST watchlist

I try to teach my Trading Challenge students the rules of the penny stock game and to motivate them to keep learning so they can become self-sufficient traders.

But studying alone won’t establish you as a trader. You also need the right tools.

I always say that trading is like a battlefield … What kind of weapons are you bringing into battle?

A screener like StocksToTrade is a trader’s ultimate tool for finding high-potential trades.** Traders can easily scan for stocks that fit their favorite setups.

There are also add-ons like Breaking News Chat. It alerts traders to events that could make stock prices move…

If you wanna take your market knowledge to the next level, consider taking advantage of the AMAZING STT Labor Day sale going on from September 3–10, 2021.

Whether you’re new to the platform or a current subscriber, there’s something for everyone…

The StocksToTrade Labor Day Sale

Don’t wait on this … These savings won’t last forever! Check out these offers for both new and current STT subscribers. They’ll be active from September 3–10, 2021.

StocksToTrade Labor Day Sale: New Subscriber Offer

Here’s the STT Labor Day offer for new subscribers:

New Trader Bundle

  • 2-Week StocksToTrade trial, including…
  • Breaking News Chat
  • Oracle Daily Direction Alerts

Offer Price: $21 (value of $36)

If you’ve been wanting to try STT, this is the perfect package to get started. It includes a trial membership plus some of their most popular added features…

It’s no secret that I’m a huge fan of STT’s Breaking News Chat. It’s a LIVE chat room run by two former Wall Street pros with years’ worth of market experience.

Their job? To look for breaking penny stock news. When they see something, they send a real-time alert. I’ve found a ton of runners from their alerts*…

You’ll also get access to STT’s Oracle Daily Direction Alerts. Each day, you’ll receive an email with a curated list of the three highest-potential stocks for each trading session…

Take Advantage of This Awesome Deal Now!

StocksToTrade Labor Day Sale: Current Subscribers

Are you already a StocksToTrade subscriber? Take advantage of this opportunity to upgrade for a cut-rate cost!

From September 3–10, 2021, existing subscribers can add Oracle Daily Direction Alerts to their subscription for 20% off. This deal can be applied to the first month or first year of your subscription.

Simply head over to your user dashboard (where you manage your subscription). Select “Subscription Details” and choose the Oracle Daily Direction Alerts plan you want. Then enter coupon code: laborday20.

StocksToTrade: Tools of the Trading Game

I won’t be angry if anyone wants to take some time off to enjoy the holiday with family and friends.

But you’d better do some studying too. Here’s the reminder I posted last weekend. The sentiment holds true for the holiday weekend…

After all, if you want to stay in the penny stock game, you must be prepared to take advantage of the opportunities that come your way.

That means staying on top of what’s moving in the market — tracking runners and managing your watchlists…

StocksToTrade helps traders screen thousands of stocks easily and quickly with custom stock screens, advanced charting software, news feeds, analysis, and so much more.

What are you waiting for? There’s never been a better time to give it a try. Take advantage of this Labor Day sale today!

Are you ready to level up your trading and study hard? Leave a comment and let me know what tools you rely on to find potential trades! 

Disclaimers

*Please note that any reported trading results are not typical and do not reflect the experience of the majority of individuals using our products. Making money trading stocks takes time, dedication, and hard work.  Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed are exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable. 

**Additionally, I helped design and develop StocksToTrade and I’m an investor.


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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

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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”