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Trading Lessons

When Giant Companies Triple You Need Perspective

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Written by Timothy Sykes
Updated 5/13/2026 5 min read

I know everybody is excited about the PDT rule change coming in June.

It’s going to unshackle millions of accounts.

That could create unprecedented liquidity and opportunity.

But there’s also added risk.

Why?

Because we’ve come so far, so fast.

This market just continues to offer opportunities.

But you have to be really careful.

And you need to have perspective about where we are…

The Spring Semiconductor Surge

Yesterday the NASDAQ hit new all-time highs (AGAIN).

We’ve had a crazy, crazy runup just since April (only a month and a half)

This is the Invesco QQQ Trust (NASDAQ: QQQ). It tracks the Nasdaq composite…

Image created by NotebookLM, chart by StocksToTrade: QQQ
Image created by NotebookLM, chart by StocksToTrade: QQQ

That run is insane, right?

And look at these charts focused on the moves from the beginning of April to now.

Image created by NotebookLM, charts by StocksToTrade INTC, MU April to present

Image created by NotebookLM, charts by StocksToTrade INTC, MU April to present

Intel Corporation (NASDAQ: INTC) is finally fading a little bit. But it’s a giant company that has tripled.

Micron Technology, Inc. (NASDAQ: MU) has more than doubled.

And there are more…

Advanced Micro Devices, Inc. (NASDAQ: AMD) is another one.

Check it out…

Image created by NotebookLM, charts by StocksToTrade, AMD & SNDK 4/26 to 5/13/26
Image created by NotebookLM, charts by StocksToTrade, AMD & SNDK 4/26 to 5/13/26

AMD went from roughly $200 to $447. That’s 2.5x!

And then, of course, Sandisk Corporation (NASDAQ: SNDK) is just crazy.

It came up from roughly $600 to now nearly $1500 (nearly a triple)

Image created by NotebookLM.
Image created by NotebookLM.

These are massive, established tech giants acting like penny stock supernovas.

So, have perspective.

We’ve had a crazy, crazy month.

And we still have three weeks until the PDT rule changes.

It’s good to trade momentum plays right now, but you have to be really careful.

Millionaire Moves

This one is about you…

Look, roughly 90% of traders lose.

Fund managers aren’t much better (seriously).

Over 90% of professional large-cap fund managers fail to consistently beat the S&P 500 over a 10-year period.

That’s crazy, right?

But that’s EXACTLY why you have to be careful about listening to “experts” who predict the markets…

Do you want to know how to beat the S&P 500?

Study hard.

Practice. Keep practicing. Trade with a small and cut losses quickly.

Invest in yourself and put in the effort.

Not sure where to start?

Check this out…

NVIDIA Corporation (NASDAQ: NVDA) reports earnings next week (May 20).

I didn’t include NVDA in the charts above. I probably should have.

Its GPUs are like the backbone of AI and this semiconductor rally.

More Breaking News

Here’s what to do BEFORE NVIDIA reports earnings

Catalyst Watch

We’re still in earnings season. Again, NVDA reports next week.

Earnings winners have been hot this season.

So, even if you don’t trade them, watch and learn.

And if it’s a sector leader, like NVDA, pay close attention.

Sector leaders create sympathy plays.

On My Radar 

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Sign up to jump start your trading education!

Massive congratulations to all upcoming Trading Challenge students who are learning AND taking advantage of this market…

Study HARD!

Every single one of my millionaire students will tell you they studied their butts off.

There is no shortcut.

You might get it faster than someone else.

But there’s no guarantee.

The only guarantee is that the ONLY way to gain freedom through trading is to build your knowledge account first.

Have a great day.

Cheers,

 

– Tim Sykes



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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.
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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”