timothy sykes logo

Trading Tips-Tim Sykes Penny Stock

TONIGHT ONLY – Trade This Bull Market!

Timothy SykesAvatar
Written by Timothy Sykes
Updated 4/4/2024 5 min read

There’s speculation that we’re on the verge of a market pullback.

Major indices have already spiked more than 10% in 2024. There are concerns that the move is unsustainable.

But I’m not worried … 

In fact, I’m gearing up for another surge upward.

And since three out of four stocks follow the market, I’m also prepared for some INSANE stock spikes in the weeks and months ahead.

We’re not even halfway through 2024 and my trading account is up by a net $82,818. As far as I’m concerned, that was during the wimpy part of 2024.

Think about that … We watched VivoPower International PLC (NASDAQ: VVPR) spike 580% in less than two days this week. And the upcoming moves on the horizon are capable of dwarfing a run like that.

The VVPR spike is below, this stock is still in play! Keep it on your watchlist:

VVPR chart multi-day, 5-minute candles Source: StocksToTrade

The government is scheduling a massive catalyst to take effect soon!

I estimate that we’ve got about a month to prepare. And that’s better than nothing. Last time the government did this we had no time. It was in 2020 after the COVID crash.

And immediately after the government took action, markets rallied 100%.

There’s a chart of the S&P 500 ETF Trust (NYSE: SPY) during that time period below:

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

There’s no time to screw around. Get ahead of this catalyst!

The Next Trade Opportunity

tim sykes and kyle williams on laptops
© Millionaire Media, LLC

VVPR isn’t the only stock running right now.

Another example is Canopy Growth Corporation (NASDAQ: CGC). See my student’s Tweet below:

We trade a lot of different tickers. But here’s the one similarity: All of these stocks follow the exact same framework.

I noticed this specific price action when I first started trading over 20 years ago. I became obsessed with it. I figured I’d ride the obvious momentum until enough people knew about these setups and then they’d probably go away.

But the opposite happened … It’s 20 years later and these stock spikes keep getting bigger. For example, take a look at the insane spikes on MicroCloud Hologram Inc. (NASDAQ: HOLO) over the last few years:

HOLO chart multi-year, 1-day candles Source: StocksToTrade

It’s not about IF there will be another spike. It’s about WHEN.

And whether you’ll be prepared …

The Next Bull Run!

© Millionaire Media, LLC

When the market is hot, we see more trade opportunities. That’s why I’m excited right now.

There’s a government catalyst valued at $2 trillion that’s about to hit the market.

  • I’m watching recent runners like VVPR for continued moves.
  • I’m watching past legendary spikers like HOLO.

It’s all on the table once the U.S. government makes this move …

Tonight I’m going LIVE at 8 P.M. Eastern to bring this information to you and my other students. The last time this happened was in 2020, and there wasn’t any time to prepare.

But it’s 2024 … And this time we can see this catalyst from a mile away.

I’m holding this conference a month in advance so that you have time to prepare. It takes a bit of experience to feel comfortable with this trading process. Especially when there are stocks spiking +100% intraday.

Use this head start as an advantage!

Because when the market booms, everyone else will have to catch up. You and me, we’ll be ready.

>> Join Our $2 Trillion Market Brief Tonight at 8 P.M. Eastern <<

I’ll see you there.


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

* 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”