Changing The Way I Teach

A lot has happened over the past 8 years since I began teaching, most of it very good, but some of it bad and so I must acknowledge the bad and try to fix it. Just as I teach traders to refine, refine, refine their trading strategies, I too must refine, refine, refine my teaching strategies.

I won’t brag about any of my teaching success — I’ve done far more than my share of that already — this post will be specifically about the misguided approach too many students are taking and why they do it and the blame for it all lies squarely on me and the learning environment I’ve allowed to go on for too long and the steps I’m taking to improve that learning environment.

You see, 90%+ of people think that it takes “hot picks” to getting rich in the stock market and that’s just flat out wrong (perhaps that’s why 90%+ of traders lose in the stock market)

“Hot picks” are irrelevant, or worse, dangerous, since whenever you get a “hot pick” you will likely hear about it too late, be unprepared to act with a responsible trading plan in place and you will be chasing others who heard about it before you…the game of follow the leader does not work in the stock market, especially because the last guy to hear about a “hot pick” often buys at the worst time and becomes a bag holder not understanding what he or she did wrong.

This is one of the many reasons why traders lose, they jump into gunfights armed only with a knife (which in this case is a flawed strategy and misguided assumptions).

Instead, the key to success is learning to make a plan with your investments and stock trading and sticking to it, always optimizing and refining your process in the pursuit of success.

See what patterns and strategies suit your personality best and focus on your strengths while minimizing your weaknesses.

When you’re wrong about a stock, don’t freeze like a deer in headlights, don’t double up on your position, learn to cut losses quickly and not let small mistakes turn into potentially damaging disasters for both your account size and your confidence.

Being wrong stinks, but as a trader, you must get used to it and learn to manage the trades that do go bad. Small losses aren’t the end of the world and if you persevere with your education long enough, you’ll learn every which way of what not to do, then you will gradually learn what does work time and again and you’ll learn to focus on that.

While I’ve tried to do my best to reinforce these key lessons, I have failed in some regard because of my teaching style that has made people believe that it’s trade alerts and following the alerts of not just me, but also the top traders, that will lead to your success.

My countless video lessons, watchlists, webinars and commentary get far less views because too many students don’t want to study, they just want “the next hot pick”, mistakenly prioritizing trade alerts instead of time-consuming preparation.

As every single one of my top students can attest, that’s the wrong plan. As I have said repeatedly and reinforce in every single watchlist every day and every weekly webinar, NEVER follow my alerts or anyone else’s alerts and get it out of your head right now that you should rely on “hot stock tips” FROM ANYONE to be your key to getting rich…alerts should just be used to learn in realtime so you can see what gets successful traders in and out of a position and what they did right vs. wrong on the trade…sometimes small losses can even be considered wins (even the best trade setups can go the wrong way for many different reasons so small losses can be best-case scenarios)

My chatroom should be used for idea generation, seeing what hot stocks are in play so you can create your own plan and make the best trade you can, NOT to follow anyone else into or out of a trade.

The key to your ultimate success is based on your own studying, preparation and eventually assimilation of the best patterns, trends, rules and lessons you learn over time…success isn’t easy AT ALL, but with enough hard work and dedication it is possible.

I’ve tried trading with a small $12k account this year in order to teach, but whether I trade big or small, it’s the trade alerts that too many people focus on. And that is changing right now because it’s been my mistake to feature this much.

As of today, I’m not going to be alerting my trades on many of the hottest/fastest plays because I don’t want anyone to believe that I condone this whole “get hot stock picks” flawed mentality.

Instead, on fast trades like these I’ll be making many more live videos of my trades rather than wasting any time having to write out alerts/commentary to send out to students…these video lessons, some of which I won’t even be trading, just narrating and commenting on the price action and how to plan/structure potential trades, will be incredibly more useful/comprehensive than my text alerts as you’ll see my trades play out from start to finish on video after they’re completed (the longer trades where I hold several hours, I will likely break up into segmented video lessons.)

Secondly, I’ll be providing more commentary throughout the day on stocks I don’t have positions in just so students can better understand what makes a stock NOT a suitable trade for me, which is a hugely important skill to learn, as unpopular and unsexy as it sounds.

Third, in order to help students better understand the differences between good and bad trading setups, I will be giving away my new 11+ hour Trader Checklist guide entirely for free so everyone can be on the same knowledge level when it comes to trade preparation and trade management.

Again, these topics might not be as popular as alerts, but they are crucial in a student’s educational development process so I will focus much more on this kind of stuff…sacrificing the sizzle that everyone has become accustomed to and focusing on the meat of your education, even if too many students don’t realize it yet…but trust me, live videos of trades are going to be a game changer, even if I know many students will miss seeing so many email alerts per day (remember I’ll still be alerting many of my trades too)

Fourth, we’re getting rid of all private messages in the chatroom except for messaging to and from the chat moderators who we have hand picked to be able to deliver good, solid information and good, solid lessons to students…there is WAY too much misinformation/off-topic chatter being shared and we need to clamp down to make the chatroom a better learning environment.

In case you’re freaking out right now, remember I will still be alerting the vast majority of my trades and instead of beginning with $12k like I did this year, I’ll be starting with just $5k in 2017, I just won’t be alerting many of the fastest morning spikers where alerts can come too late — since the stocks move so fast up and down — as it’s been confusing for students who receive a buy alert for a stock at let’s say $2/share and because these stocks spike so quickly in 10-15 minutes in this hot market, especially near the market open, the student receives the alert when the stock is already at $2.50/share, a price level where I’m already looking to sell…you can imagine how discouraging that is, so this is my solution.

This way by doing more live video lessons in place of as many alerts, students will be able to see and learn from how the trade plays out from start to finish, no matter how quick the trade is, with my preparation and realtime analysis outlined in detail rather than just in a short alert abbreviated in order to get it out faster due to the stock moving so fast…in short a far better educational experience than what I’ve been providing before with a greater emphasis on EXACTLY what students should be learning.

My thanks to many of you for your input on this, I don’t take teaching lightly and I don’t make these changes lightly, but I really do think this new path will lead to more successful students which is all I want in the long run.

I have to thank in particular Tim Grittani, Michael Goode, Tim Bohen and Mark Croock for their input in helping me understand what students need most and in particular I have to apologize to my old friend Bao who has been trying to push me in this direction for a long time now…I miss our old friendship and I apologize for it taking so long for you to get through to me.

Every new trading strategy and teaching strategy is scary at first, but all you can do is plan, plan and plan to up your odds of success and that’s exactly what I’ve done here so I’m actually really excited about this new direction and cannot wait to see what every single one of you think about this new change…hopefully it’ll help you learn to plan and execute your own trades better!

Comments (187)
  1. Timothy Sykes
    Hey Everyone,

    As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!

    Which is why I've launched my Trading Challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.

    So when you get a chance make sure you check it out.

    PS: Don't forget to check out my free Penny Stock Guide, it will teach you everything you need to know about trading. :)

  2. Tony

    Awesome! Whats the new link for the free 11 hr + trader checklist video (s)? Im ready to learn!

    1. Timothy Sykes

      Will share soon!

  3. Brandon Barbera

    How can we get the checklist guide?

    1. Timothy Sykes

      Will let you know soon!

  4. KC

    Tim, I’m a student of yours and have been watching a lot of your videos. I”m also going to Orlando in Sept. I’ve been to other trading sessions , courses, and most recently a place called Online Trading Academy here in Brooklyn. There offices are pretty amazing!!! They have offices all over the world. I’m sure you heard of them. They are making a killing with signing up students and the organization of their classes and materials. If your open to having a conversation I’de be will to share with you what I’ve learn and observed as a student what I feel can be done better for you to succeed. Personally I manage a small business of about 130 employees, so training is so critical to our success. I believe you can re format your teaching agendas, material, costs, class structure, timing etc etc and increase your profits and while doing that teaching the necessary skills to be succesful. The more succesful your students are the bigger your Penny Trading Academy . I can help create a teaching agenda so that there is better flow and retention. Anyway if your interested you can email me, would love to help!

    1. Timothy Sykes

      Cool

  5. Judy Carwile

    Hello, I think this is a great way to go. I have been following you and trying to learn as much as possible. I was wondering, you state you are “giving away my new 11+ hour Trader Checklist guide entirely for free”, how can I get a copy? Thank you for all you do for us!

    1. Timothy Sykes

      Thanks, will let you know soon!

  6. Henry E Cecil

    It was really helpful to know about the things,I hope you guys will share more knokledge through your comment, that is very help for all newbie like me. Thanks a lot.

    1. Timothy Sykes

      COOL!

  7. Eno

    They call it fishing not catching that is the art of being alert ?

    1. Timothy Sykes

      YES!

  8. Sanjeev

    Reading it all from top to bottom, it just makes me feel how genuine you are to make us successfull. Thank you a lot

    1. Timothy Sykes

      My pleasure!

  9. Tom Shadrack

    Big thank you for your time and dedication to provide new and more benificial material. I’m looking forward to the new content.

  10. Crystal

    Much better! I’m super excited. I’ve been fighting the urge to follow your picks, but it’s so tempting. I get so much more insight from your love trades, and watch list insight. Thanks for the free upcoming videos. Tim, for what it’s worth, your passion for teaching really came out in this post. And the public apology…man you’re a cool dude!

    1. Timothy Sykes

      Thanks!

  11. Anonymous

    Im Looking forward to the Trader Check List!! Thank You for Teaching Us! I am Learning Lots of GOOD Stuff and I will Continue until I am successfully trading with consistent profits. See you in Orlando 🙂 🙂 🙂

    1. Timothy Sykes

      Thanks!

  12. Johnny Kowal

    I have to admit that I made the mistake of thinking this was easy money and relying on the alerts for instant riches.It took me 35 years to get very good at my trade and for some reason I thought this could be done by following alerts and disregarding Tim’s pleas to study. All it took was the pain of losing money to wake me up.It was stupid of me to think that I could make these types of returns without first learning the skills Tim has refined. Thank You Tim and Team for the relentless harping to study and dedication to our success. The harder I work, the luckier I get.

    1. Timothy Sykes

      YES!

  13. Nicolas Lopez

    Hey Tim!
    I just wanted to put my 2 cents in and say that I admire your hard work and desire to push your teaching and students’ education in the right direction. I think that all of your proposed changes will work toward the benefit of students’ self-sufficiency as traders, which is ultimately what all of your students should strive for. I especially think that live trade videos will be enormously helpful, as your students will be able to see exactly what your thought process are during trades and receive greater learning insight from them than a trade alert would ever be able give. I feel fortunate to be able to learn from you and I’m excited for your new changes.
    Thanks!

    1. Timothy Sykes

      Thanks!

  14. Tim Vaughn

    Hey Tim. I’ve been a challenge student for about 5 months and am consistently learning something new every day. You’re a great teacher and I love that you are always looking for new ways to teach all of us in better ways. So thank you very much for this new direction and for leading me to the best new job ever.

    1. Timothy Sykes

      Thanks!

  15. Nate

    Incredible!
    I’m very excited for this new approach.
    Cheers!

    1. Timothy Sykes

      Thanks!

  16. Lica Gavrila

    Hi Tim. You right about bag holder and the change you bring to your teaching Im sure will help moost of us. I was a bag holder when I start with you I was the sucker at the table. I still have losses but getting better over time. I have 1 year since got into stock market and feel Im getting better every day. Thanks for hard work and I hope I can be a part from your new teaching strategy. @romaniantrader

  17. Adam

    Thanks Tim I have been struggling last couple of weeks. Trading very small now just to build some confidence. I keep trying to look at to many stocks instead of focusing on one or two for the wright setups. I love the chatroom but tons of different stocks and opinions but with that being said there is still of slot of great alerts that come through the chat room just over whelming sometimes Thanks for sharing your knowledge

    1. Timothy Sykes

      Cool

  18. Michael

    This change is a welcome one for me. From a brand new trader perspective, I can say that what I really want/need is to learn how to develop my own picks. I find myself repeatedly thinking, “how, where and why did he come up with those stock picks.” And, while you have repeatedly said, “you must learn to do this on your own,” the lessons on doing so are sparse, if not non-existent. So, detailed and continuous lessons on how to properly scan, what resources to utilize, etc. is definitely welcome and ultimately more valuable than you simply handing me a list. If I do not fully and thoroughly understand the detail of thoughts that go into your selecting the stock, then playing it correctly will be tenuous, at best. And, as it relates to the chat noise, I have already learned through initial trading losses that playing a stock when it is already in play, is a losing prospect.

    You touched on the fact that you will also be covering “price action” when narrating your future live trading videos. This will be most helpful as I can see from my initial trading that I do not fully understand the compilation of the data that makes up the price action (i.e., EXACTLY how to read it). So, truly being able to, not only understand the level II in detail as to what you are looking at there, moment by moment, and exactly how you are interpreting it, but also how you should execute the trade, buy and sell (i.e., limit, market, etc.). Regarding the latter, one of the biggest challenges I have been faced with is knowing exactly how to get in and out of the trade when the action begins. And, I suspect that other traders are facing the same challenge. I have found that I am late executing because I am unsure of when and how to correctly and quickly pull the trigger.

    That you are reducing, once again, your starting trading account to $5,000 in 2017 is a great idea. Personally, I think you should begin every month with $5,000. And, if you have truly made the decision to be a teacher rather than a trader for income purposes, this should be an automatic move for you. The simple fact is that the majority of your students are and will continue to be ones with small accounts. So, in my opinion, this is the only way to skew the bulk of your teaching and guidance toward those masses and to do so on an ongoing basis if you are truly intent on cultivating successful and self-sufficient traders. And, it will never make sense to teach with an account that is $12,000, $30,000 or, worst, $80,000 or more. As you know, the decision to trade and how to do so is vastly different, in every way. And, let’s face it, the larger your account gets throughout the year, your focus will be drawn away from teaching and to instead making larger and larger that would not otherwise be possible with a smaller account.

    I hope this input is helpful and impactful.

    1. Timothy Sykes

      Thanks!

  19. Nathan Erondu

    As a newbie who’s been studying for three months now, watched tons of free videos, silver stocking video lessons and currently studying the HTMM DVD. I truly have learned a whole lot but had to see all my learning play out in practical terms. My worst nightmare at my level as your student is how to enter and exit those fast moving morning spikes. By the time I could even enter my position and get executed, it would’ve gone up a ton already and same with exiting. This is really what separates you from the WOLFS, that you are willing to adapt and modify your teaching to the needs of your students. This is really a great idea, like you already mentioned, the whole idea including your new trader checklist guide video which by the way is very kind of you to let us have for free will without a doubt level the plain field. Also, Many time than not, when I look up the stocks people alert in the chat room, I found out that they alert the stocks after the fact…….they had already played it and by the time of the alert, the stock is already falling.

    1. Timothy Sykes

      Thanks!

  20. Justin

    BRAVO, BRAVO. I think the removing the alerts will cause a lot less resentment towards you b/c they lost and you of course won, and instead of being nagative they will learn more from vid lessons. I think moving towards a IU style is better, but yours will go a step further with vid lesson. You don’t have to give away your new DVD for free, the dedicated ppl will buy it. I will admit i was starting to believe BAO’s hype, but this post made me do a 180… BRAVO. Keep up the positive changes.

    1. Timothy Sykes

      Thanks!

  21. Steven

    This is a great idea. I will be honest and say I was following alerts at first but learned, the hard way, that’s not the way to success. I have been studying more and getting a better understanding on the entire process. I think this change will definitely be the optimum way to maximize my education. I appreciate you being a willing educator.

    1. Timothy Sykes

      Good!

  22. Dan

    Tim,

    These are all PERFECT changes for the chat room. When I started in February, I followed a couple of your picks (and naturally lost) and then spent the following months analysing and teaching stocks and refining a strategy that looks to have a great rate of consistent profits. I’ll be honest, I’ve bottled it quite a few times when an opportunity has presented itself, and I think the chat room in its current guise hasn’t always helped with the amount of noise and unverified statements. I think your idea of a tighter, more education/thesis-led environment is fantastic. Thanks!

    1. Timothy Sykes

      Thanks!

  23. Nicolai Aquilina

    Thanks Tim,

    I would prefer much more videos showing live trades and you explaining why and how you entered a trade rather than alerts,
    I love the way T.Grittani teach when he does live trading videos and explain his thoughts at that particular time of the trade.

    I am 100% positive that this way of teaching will be a great success,

    looking forward to watch “Trader Checklist guide”

    Good luck with the new way of teaching and thankyou.

    1. Timothy Sykes

      YES!

  24. Tim Campbell

    I have been a student for almost 4 months, and I have been learning new things every day in this program. I have been tempted to follow your alerts but have stubbornly fought the urge. I believe the changes are you are implementing will improve the success of your students future. These changes represent the teamwork of all of your talented instructor/traders and your willingness to receive input. I look forward to continued success.

    1. Timothy Sykes

      Awesome!

  25. Tmako

    I do like to pm other uses in chat. Im able to ask them their logic for trades, whether for losses or gains so i can learn from it or reaffirm my beliefs. So i would like that feature to still be enabled. I guess i could just shoot them a message instead but it seems cumbersome. Perhaps the moderators could more easily gag ppl even for private messages in chat if they are inappropriate? But ill leave that up to you as I’m not sure how the system works or how its being misused.

    I also hope that the off topics chat area will be left unaffected both for private and non private messages. Its a great way to let off steam, generate ideas whether good or bad and to connect with traders on a more personal level. The moderated chat is great for quick alerts and/or tips but really doesn’t let you get to know anyone or bounce ideas off of them. It would have to be way less stringent in my opinion to have the same effect and Im not sure thats the direction you would like to take it.

    Other than that i think you’re making a great move with reducing or removing your stock alerts. They’re being used as a tool to either discredit you, blame you when a trade goes against their position or are to late to take advantage of them. Ive learned a ton over the last few months and profit.ly has been a big part of it. Lets be delicate with these changes please.

    P.S. It looks like this recent vacation has served you well. Cheers and see you Monday in chat.

    1. Timothy Sykes

      Thanks!

  26. LadyLox

    yes..this is what I have been needing…I need to see this from beginning to end…I’m still in very early learning stage. and I need visuals as a complete newby… I will be front and center to learn all you have to teach…Thanks Tim Sykes..

  27. gilbertgrand

    Love your wisdom, love your consistency.
    I also think that you shouldn´t alert ALL the OTC pump and dumps and only depict your plans and trades after the game has completely ended, but this is a up to you.
    😉

  28. Andreas Almli

    Awesome!
    I think this will be very good. looking forward to more video lessons. Will be interesting to see your new trader checklist !!

    1. Timothy Sykes

      YES!

  29. Anonymous

    I love the new strategy. This will truly attract only those seeking education and the desire to learn a new skill, and greatly minimize the get rich quick mentality. I appreciate that you will be showing us why you DID NOT like certain stocks throughout the day as well; this will take your teaching to a whole new level. I can’t wait for the new DVD, and sharing it with your students is another sign that your passion for teaching is genuine and pure. Looking forward to the new changes. See ya in the chatroom!

    1. Timothy Sykes

      Cool

  30. Athens Live

    Tim, I have been a student of yours for 2 years and have learned alot. I appreciate your new effort of looking inward and wanting to make a change to help people to truly succeed. Look forward to the new style of teaching.

    1. Timothy Sykes

      Thanks!

  31. Joël

    Welp I’m happy! Let’s get it!

    1. Timothy Sykes

      Will do!

  32. Max

    Tim this idea is SEXY AF!

  33. Nicholas Ward

    This is 10 steps in the correct direction, a great way to boss up the teaching lessons!!! Tim for president

    1. Timothy Sykes

      Thanks!

  34. Garrett Rogers

    I think you have a winner of an idea here Tim. I believe that it up to us to make our own financial destiny in the end because if we think about it, Tim isn’t going to be around forever. I believe in being self sufficient and becoming a true day trader. I’m excited to start my journey and will keep that excitement in my learning.

    1. Timothy Sykes

      🙂

  35. Bob Bayer

    Congrats on these changes Tim! Before you know it everyone will have totally forgotten about the previous way because the new way will be so much more beneficial for students!

    1. Timothy Sykes

      YES!

  36. Bryan pereira

    Thank you Tim , for your hard work to success us in trading Bussiness really forward to look that changes , thanks again Tim

    1. Timothy Sykes

      Thanks!

  37. Alex

    Thank you for everything you do Tim.

    1. Timothy Sykes

      IT’s my pleasure!

  38. Romeo

    Great ideas Tim, please Tim teach us how to go along with double top which Key is the buy signal? I had problem with this sector , Please Do your best, we always here learning and earning money. Thanks

    1. Timothy Sykes

      Thanks!

  39. Jocelyn Woodward

    I really think this is a move in the right direction. It may be uncomfortable for a lot of students initially, but anything good in life means we have to push our comfort zones!!!! It is the nature of life!! Onward and upward!!!

    1. Timothy Sykes

      YES!

  40. Sandy Riley

    Mental illness slows me down on occasion but just listening to you I feel I can successfully execute and implement your techniques, with your guidance. I’m slow, but very serious about what I study and I know to have persistence will undoubtedly lead to eventual success. I have a feeling once I understand and learn more of what you know and how it works, lt will become the kind of challenge that will actually be helpful to my condition, and feel twice as good when I’m accomplished at it.

    1. Timothy Sykes

      Cool

  41. Brittany Rees

    I’ve been studying 8-10 hours a day for 10 days! (Silver) I am SO SO SO excited for these changes. I want to soak everything in. I really appreciate your transparency! Thanks for being so great! I will meet you someday!

    1. Timothy Sykes

      Nice!

  42. Luca

    Hey Tim just read your blog.This is a great step forward in teaching! Ive signed up to penny stocking silver not long ago, Ive watched alot of your videos and ive been making more and more successful trades with what your saying in your video lessons, by implementing this real time trading aspect I think is a great idea. Keep up the good work!

    1. Timothy Sykes

      Thanks!

  43. xXRenegadeXx

    Tim, I’ve been studying your material now for a couple of months. I’ve watched the majority of How To Make Millions. I’ve watched a lot of your other videos and been a faithful follower in reading chat posts as well as trying my best to improve my technical analysis skills. I’m grateful for all your hard work and dedication to not only us, but improving the trading world altogether.

    Do you see what Tim does, everyone? Yes, he wants to help us all succeed. I truly believe he does. He wants to make a difference in this crazy world. To do that, he teaches and tries to bring us all up to a successful level. Part of that reason is to pay back the industry as well as to give back to others directly. If he makes us all more successful traders, then it improves the penny stock market altogether and allows us to make more money as trades all around become more consistent and thus, more profitable for all of us. I’m grateful he has such a large following. I’m grateful that he has the dedication to keep trying to bring us up in our consistency and trading strategies. Please, pay attention to this man and we will all benefit HUGELY! Thanks again, Tim!

    1. Timothy Sykes

      Thanks!

  44. jameskar

    Thanks Tim. Looking forward

    1. Timothy Sykes

      Thanks!

  45. Tom Finneran

    Tim, your DVDs are outstanding and I still have a few more to watch, but I’ve been trading too. Finishing the DVDs will help improve my trading, I’m certain, but live trade commentary from you and the trading checklist – which you’re giving us, your students, for free – will absolutely be “game changers” as you said. Mark Croock’s webinar on watchlist building was also outstanding. With those resources in place to help us determine better stock setups for better entries and exits, and a greater understanding of how you find and trade the best stocks in real time, and your thought process behind those trades, I know every single one of your students will benefit from that – myself included. Thanks!

  46. Brian

    Tim is a great teacher, i will miss fast moving stocks Trading alerts, I don’t trade them but everytime Tim sent an alert I would pull up my chart as soon as i had the chance whether immediately or late at night and look at his reasoning behind the trade, that’s been a great help. Maybe he can send delayed alerts for fast moving stocks after the market closes so you can still gain the knowledge behind the trade, just an idea.

    I watch at least a video lesson a day and ill keep doing so same goes for reading the watchlist every night amongst other things to expand my knowledge. I love the changes that are being made, you are an incredible teacher, students just have to have the right mindset in time they will succeed eventually, being successful at trading is a journey ,there will be setbacks but use them to grow. That’s what I am doing.

    1. Timothy Sykes

      Cool thanks!

  47. Derrick Doty

    Awesome Thanks for Helping us average people learn how to be successful. I’m so grateful I got a chance to meet you in person it’s been a game changer for me

    1. Timothy Sykes

      My pleasure

  48. Cary M

    Awesome awesome just freaking awesome news. Having your more detailed thought process on a trade from start to finish with having a trading checklist will truly change the way I learn to be a better trader. Absolutely looking forward to the changes Tim

  49. BonkRock

    As a fairly new student it is refreshing to hear about these new changes. I totally agree with the new direction and i am excited to learn how to become a better trader! I also just want to say that i am proud to be a Challenge Student. Tim and his team show time and time again that they truly care about our success as students. These guys are literally changing lives for the better and this is why i am so excited about my future as a Challenge Student!

    P.S. – Thanks for the free DVD Tim! I’m sure it will help take me to the next level!

    1. Timothy Sykes

      Awwww thanks!

  50. Chris

    Hi Tim! I’m reading through some of these messages and I feel most are still missing your goal/point (especially the guy proposing to meet with you to “help” you maximize your profits through better “techniques” – unless I’m mistaken and naive). Anyway, just wanted to say thanks for this. I am one of those “deer in the headlights” trader and even though I have been telling myself to cut losses quick I have sadly been failing. I think what you have stated above is true and a lot of us are confused especially those who signed up for TimAlerts. I think you have clarified things some but I think it’ll still take a bit for me to truly absorbed what you are about to do. Thanks again for this – I have noticed quite a bit of changes in you and I’m glad! Just wondering if your future missus have anything to do with this… 🙂

    1. Timothy Sykes

      Cool thanks!

  51. Anonymous

    My name is Jimmy

    1. Timothy Sykes

      Already emailed you privately

  52. Tony T

    Sounds awesome. Looking forward to learning more.

    1. Timothy Sykes

      Cool!

  53. Nick Garza

    Perfect timing. Looks like I’ll be starting where you will be. 5k! Been looking to get into this for awhile so I’ve been saving and saving. I’m ready to learn! So excited to possibly have some financial freedom and follow my dreams. I’m your next millionaire student!

    1. Timothy Sykes

      YES!

  54. Rajnish Chaturvedi

    Hi Tim

    I think this will be just great ,Being a silver subscriber and STT user- I never used your alerts to buy or sell , just that it gave more trust to students when they see real time alerts but i can understand many students were using it for trading rather then learning, Looking forward to more learning material on daily basis and also the check list DVD, you are true teacher everytime i had any doubts i am proven wrong… we need more Tim Sykes in every profession..

  55. dani

    I am on the way of learning Tim Skyes,
    on the searching side , i came across something called binary trade. would you please let me know if that is a great/good choice to start.

    1. Timothy Sykes

      Binary is a joke

  56. Patty Worrall

    OMG I’ve been hoping for video lessons recorded while you’re in the trade. What a great tool this will be! It’s fine to watch it after the fact, but I have always wanted to know what you were thinking while the trade was going on. Can’t wait.

    1. Timothy Sykes

      Thanks!

  57. Alex

    Very cool!! This should be GREAT going forward. Knowing what NOT to do helps very much and being able to see and understand more of the why you even saw or wanted to one option versus another option will be helpful!!!

  58. Andrew

    This sounds great! Will these video lessons only be available for Pennystocking Silver subscribers, or will they be available to TimAlerts subscribers as well? Also, will the prices of these subscriptions change in response to the new content being offered?

    1. Timothy Sykes

      Same prices, will figure out the specifics over time

  59. Rachel

    Love it! I think this is a fantastic idea. I followed picks too much as a beginner and it was just because I didn’t know what I was doing. I think that this creates better expectations for new traders while giving you the ability to teach more efficiently. I’ve learned a lot from Grittani as well, and it’s cool to see what he did after the fact because then I learn to see what he’s looking for. Overall, thank you Tim Sykes and team for everything that you do as well as continuing to look for ways to adapt your teaching style.

    1. Timothy Sykes

      Thanks!

  60. Giorgio

    Starting in 2017 with 5k is a great idea. Im planning start in 2017 with $1,500 and im going to subscribe to the tim alerts, but for now im studiying to understand the patterns and saving money!!

    1. Timothy Sykes

      Sweet!

  61. SkymasterSM

    Tim i am extremely glad to hear you are moving in this direction and in the long run you will end up fostering a more professional learning environment. As someone who gave in to the temptation of following your alerts initially i can say it has cost me. Now that i have been patient and following training rules i am slowly starting to see progress. This skill takes time and patience there are no quick gimmicks. Now more than ever thanks to this change i am looking forward to Orlando….see you there!

    1. Timothy Sykes

      🙂

  62. Justin L

    I am still in my first month of being a member of the website. That being said, I have your original DVDs and watched all of your youtube and free videos prior to joining. At the least, 150-180 hours of material in a 2 month period, 3-6 hours a day at the least. I watch them at home, at work, on long drives twice a week, also uncounted hours following along with the stock market while at work. I tried to research your trades along side the stock charts and I noticed that most of your trade alerts are followed by a spike in volume and price. The amount of volume is usually around 20,000-50,000 which could very likely only be a hand full of people who traded based on your alert. Very very few times, the stock price doesn’t change or drops. My point being that Tim Alerts positively affect stock price enough for Tim to make a profit. I don’t believe that you (Tim) make money by doing this, but positive trades make you look good and adds to your credibility.
    All that brings me to this conclusion, I am glad you aren’t going to be publishing as much of your trades in real time. It was causing skepticism within my mind and I wasn’t going to renew my subscription. Videoing trades in real time and publishing that as a teaching video for us would help out immensely. I watched a lot of your videos and what I kept looking for, is your play by play in real time. What you see, what you think will happen, what your plan will be, what charts you were using, commenting on price action and volume spikes, which chart pattern you are trading against. Most of your present video content is you showing stock charts and talking about how you predicted this in your newsletter and how all these people made money, its great motivation for me at times. This wouldn’t be a bad thing if I wasn’t a member and you wanted me to subscribe, but I am already a member hence I am convinced that people can make money through your system and I don’t need constant reminders. But lately I find myself skipping through your videos trying to find the meat of information that will help me be a better trader. If 80% of the video is of you talking about how your newsletter made a correct prediction, the message you are conveying is “Subscribe to my newsletter if you want to be successful”, and I think you agree with that according to your statement in your blog post.
    Summary of my opinions:
    1. Tim alerts benefit you most of the time, and do very little for us in real time. A Video recap of you trading in real time would be more beneficial and I am really excited that you are going to start doing this.
    2. Too much talking about your past success or success of students or how you were right and others were wrong. We need more strategy, more details into your trades. If you want to brag, have one video each day where you talk about how you were right and list students to did great that day, and keep you teaching videos separate from all that bragging riff raff. Bragging isn’t teaching. I am not gaining trading skills by hearing about user XXXX making $1000 that day.
    3. You get off topic in the chat room, something the moderators frown upon. I’ve seen users get warned for something and you do the same thing right after that. I understand you’re the teacher, but the rules are listed and you don’t always follow them. I’ve seen users get accused by moderators for pumping stock, when you use the same wording that they just got in trouble for whenever you have bought a stock. Anything other than stock alerts in the chat room is pumping the stock.
    4. Learning by osmosis is a skill all humans possess. We can simulate things by watching others do task and envisioning ourselves doing it. Watching you perform winning and losing trades in real time will greatly enhance your effectiveness.

    I don’t need a thank you or acknowledgement from you. Just fix it and get it right.

    1. Timothy Sykes

      DONE!

  63. Chad Johnson

    Tim,
    Always improving your strategy and your circle of people (students)! I’m forever grateful full. Always putting out good and good comes back to you! Thanks a “million” Tim!

    1. Timothy Sykes

      My pleasure Chad

  64. Carlos French

    Awesome! Been a student for a year now. Early on I fell into the same traps as many new Trader’s do. When your not getting “Hot Picks” it’ll force you to make your own way with Tim’s teachings. Looking forward to all the change’s

    1. Timothy Sykes

      Nice!

  65. Mike

    Nice! No more cherry picking and then crying when your too late and you’ve lost out. I like it tim, this will help tremendously to make us all self sufficient traders.

    1. Timothy Sykes

      YES!

  66. Rich

    Genius! These changes are great ideas. Thank you sir!!

    1. Timothy Sykes

      Thanks!

  67. Timothy Brown

    Tim, I want to say thank you for your hard work and dedicating your life to teaching others. You are one of a kind and you are making a difference in this world, and thats great. Keep it up tim! I promise that I wont stop untill im another one of your numerous millionaires!

    1. Timothy Sykes

      Thanks!

  68. Wibb

    I like this approach, Tim. I also like that this should finally silence the comments about you announcing trades to get stocks to move in the direction you want. If you’re not evolving and changing – you’re dying, as they say.

    1. Timothy Sykes

      🙂

  69. Frank

    I think this Is a great change and it helps me a lot because I’m one of those guys which is exactly doing what you said… following your trades blindly and loose… need to focus on my own patern and learn those from you… again… I strongly believe this is the right strategy… looking forward…

    1. Timothy Sykes

      Cool!

  70. Institraderx

    Sounds good your ideas, new approach, changing your teaching technique! Only way to find out if its ‘better’ ! I’ve been struggling with the fast spikes. Chasing. Still learning what fits best for me. Also Charting 101. Your alerts help in understanding where you buy and where you exit. Definitely more info re solid catalysts! Also the mindset. Cause this work is fast. Will get there. Thanks Tim.

    1. Timothy Sykes

      YESSSSSSS

  71. Sujanto

    I love your teaching. That’s right , hot picks is not a strategy, hot picks is for someone lazy to study hard….
    Thank you for your DVD HTMM and spikeability and pennystocking part deux. Every single night, I study hard to watch your DVD and reply again and again.

    1. Timothy Sykes

      Awesome!

  72. Eugene

    I’m learning from you every day Tim. Thanks.
    Waiting on Trader Checklist guide link.

    1. Timothy Sykes

      Cool!

  73. Anonymous

    Thanks Tim, these changes sound awesome! Do you think you will do any live trading videos explaining level 2? I am struggling to get my head round how to use level 2 and have watched several videos on it but it’s so much harder on my own! I think it would help a lot to have you explaining it as it happens. Either way, thanks again for all your teachings!
    Charlie

    1. Timothy Sykes

      🙂

  74. Charlie

    Thanks Tim, these changes sound awesome! Do you think you will do any live trading videos explaining level 2? I am struggling to get my head round how to use level 2 and have watched several videos on it but it’s so much harder on my own! I think it would help a lot to have you explaining it as it happens. Either way, thanks again for all your teachings!

    1. Timothy Sykes

      Yes I will!

  75. Wilson

    GREAT!!!!
    Hi, one of the biggest mistakes was to fallow blindly in a trade not knowing what the possible outcome may be; watching the videos and listening to the logic to such trade will be awesome.

    Truly the best idea.

    1. Timothy Sykes

      YES!

  76. DAVI

    Tim… I’ve just read your thoughtful and heartfelt message here that you have written… i’m sure your putting your best foot forward!!! …. That being said, I’ve realized that You “DO CARE” about your business enough to be willing to “FIX” what needs fixing, and “IMPROVING” …. what needs to be improved.

    I’ll be honest with You! after speaking with Doug (one of your staff recruiters) …it wasn’t so difficult to “QUALIFY” to become one of your students, because I had no problems with the required “TIME & INVESTMENT” to join… and i’m sure if he remembers… I didn’t come across to him… as a “NEEDY TYPE” please hold my hand and make me rich type person… But at the end of the day… Not ever hearing back from him nor ever getting any follow up from him nor from your staff… It truly made me “WONDER” …. Where did I go wrong in believing in what you “sell”

    Now, don’t take me wrong, since March 2016 … I’ve have followed your educational material, and have made money on my trades, likewise I have covered my LOSSES to a minimum, and even increased my investment capital from profits from other income generating business that both my wife and I operate…

    So… in closing here, And going forward, I can see you are truly interested in the success of your students by sharing with Us All your plans of making these changes… I’m glad to have made that initial investment in You Sir!

    DRcapTRADERS

    1. Timothy Sykes

      Awww thanks!

  77. NetNinja

    The chat room is huge value to Subscribers.
    It’s awesome to see new traders in the chat room but the expectation of what the chat room is supposed to provide gets lost.
    Silver subscribers should be going through the content that is provided in their subscription. The 60 Video Intro Course worth of content should be reviewed before even being allowed into the chat room. Also alerting and the terminology should be learned which is posted every time you join the chat room the link is provided.
    A Chat room is not a new phenomenon if you have been on the internet for the better part of the past 17 years but just like Forums there is a frequently asked questions section which nobody bothers to read and the same questions are asked over and over again. Which unfortunately turns the chat into a low value frequently asked question and answer session. Which a simple Google query would answer their questions.
    It’s obvious who has not reviewed the 60 Video Intro Course and the getting started section (if you are a Silver Subscriber)
    If traders can’t look up terms or research on their own how do they expect to succeed in trading? There are some traders in the chat room who do some excellent research and post links to the articles. Cutting and pasting from an article is not helpful because usually an article contains both Pros and Cons and is usually written from some no name Pump and Dump analyst (wink wink) website nobody has ever heard of.
    Google, research and then formulate a qualified question with some substance not Who’s long on $WXYZ? That means someone is holding onto hope.

    1. Timothy Sykes

      YES!

  78. Malcolm David Murray

    Thanks, Tim for your continual effort to keep improving and refining your approach to teaching. I appreciate the way you start the year out with a small account size. It’s a powerful teaching tool and sends the message that you are using your trading to make you more effective as a teacher, i.e., that the two aren’t in conflict with one another. All the best!

    1. Timothy Sykes

      Thanks!

  79. Bruce

    Wow Tim , your devotion to teaching is simply amazing! Definitely get the teacher of the year award. As many others have already said..thanks for all you do for those of us who want to be able to live the lifestyle and make it possible to be able to help out our fellow man when the occasion arises. Personally glad to know of your work and look forward to many more years of your teachings ! Thanks again Tim !

    1. Timothy Sykes

      Thanks!

  80. chris

    Tim , this is really excellent news

    1. Timothy Sykes

      🙂

  81. Schnorris

    I think this is a wise decision across the board. I have been watching your DVDs, and following alerts for awhile. This change in teaching style is right on time bro!!! You are the best!!

    1. Timothy Sykes

      Thanks!

  82. Rid1

    Great change! This is so nice from you to give away the checklist! Many thanks!

    1. Timothy Sykes

      My pleasure!

  83. CESARLEVI MUNOZ II

    I’m a challenge student Tim started at April. I totally agree with your new strategy!

    1. Timothy Sykes

      Awesome!

  84. Fanoula

    I love the idea! Thank you for all you do to teach us.

    1. Timothy Sykes

      Thanks!

  85. Paulo Chaves

    Thank you for the thorough review of your plan, I agree with you that video lessons are more efficient for learning than alerts, so I’m excited to learn more!!!
    How do we get access to Trader Check List guide you are giving out?

    1. Timothy Sykes

      We’ll let you know soon!

  86. Shield111

    Tim, your +11 hour hour Trader Checklist guide is for subscribers only? I Have the subscription in the past, but i’m not have enough money to maintain that monthly fee.

    1. Timothy Sykes

      For everyone!

  87. Alex

    Took a break from your service for a while, for two reasons. Realized I was becoming dependent on the chatroom to find trades, and secondly and more importantly, there was too much bullshit. Too many people spouting random nonsense, gags left and right, you blocked me on twitter for no reason other than liking bao’s tweets.. it was clear to me that your service was not optimized and there was much to be desired, obsolete if you will. And your ego was just flat out annoying. These updates and changes are extremely positive and welcomed, good job Tim.

    1. Timothy Sykes

      Thanks!

  88. The Mystery Man

    Hmm Bao got his apology again but not me… I only said this for for 8 years

    1. Timothy Sykes

      Thank you whoever you are, sorry for taking so long!

  89. Thomas Soch

    Simply put you are living out the motto “Be the change….” Thank you for your courage to change. By the way, that was the motto of our last sub-campaign at church. You Tim are a teacher who remains teachable. That’s a teacher I can trust. Thank you. Tom.

    1. Timothy Sykes

      YES!

  90. Vlad S

    Thats a great approach!!! Keep up your good work! Love to watch and learn with your vids!

    Chees,
    Vlad S

    1. Timothy Sykes

      Thanks!

  91. Matt Purciel

    hey Tim! I always enjoy reading your emails and watching your videos! Very inspiring especially when I’m sitting in my desk job at work. Happy for you with your success and for sharing that will others! I might take you up on that offer especially after making all those same mistakes! Thanks again.

    1. Timothy Sykes

      🙂

  92. Ftkmatrix

    This is gonna be awesome!!! I just finished the HTMM dvd. Dvd 5 1:30:00 $TCCO live trade. That was the best learning material I have ever seen. I learn and sponge faster when I see it live. Looking forward to the change! 2017 $5000 acct start is also very exciting! I’m in the same spot atm and I hope to see it happen right in front of my eyes. Looking forward to the traders’ checklist. ‘FREEEDOMM!!!’ I can already envision my self being there. So excited!

    1. Timothy Sykes

      NICE!

  93. TAYINTHEUS

    Hello Tim and THANK YOU!
    I am fairly new to the challenge (I came on in mid-July). YAY!!!!
    As a “newbie” I am watching your DVD’s/following through the ppt./workbooks (to ensure I get that SUPERNOVA down in my soul!), re-reading your book (An American Hedge Fund), doing my homework (watching the recommended video’s/gathering and seeking to learn what my trading weaknesses will be), attending the weekly webinars and trying to keep up with the various emails.
    Your new approach will provide clarity for me as I have thought when I review your Watchlists; (1.) What if you were not providing that data and (2.) How in the world can one seek and develop their OWN watch list from scratch for the purpose of broadening and managing their OWN profitability over their lifetime?

    After reading in your book about how you sought out and collected your data in the beginning; that has ultimately gotten you to where you are. To add back in the day when research was rather slow/bothersome (back when you where grateful for AOL, lol).
    I personally feel that you ARE leading the horse to the water. I WANT to learn how to lead myself on to more nourishing springs throughout my life time for the sole purpose of FREEDOM/AN HONEST INCOME.

    1. Timothy Sykes

      NICE!

  94. Paul

    Hey Tim,
    Congrats on recognising a problem and actively seeking the solution – there is strength in doing that – it will bring better results overall. Why do people want to trade? most will say to make money,some may say lifestyle. Some will identify that they need to go thru an apprenticeship of sorts to create a new income stream due to circumstance. Of all the skilled people i have met and seen in, say, the construction industry, it only takes one accident or occupational injury to stop an income, most dont have a plan ‘b”, statistics brought out a few months ago reveal over the last few years the amount people actually can save has diminished thus some will try to start with small accounts looking to forex / stocks / crypto currencies or other vehicles of trading. There is information overload so starting can be very confusing – leading to initial losses. So your video on checklist to complete before entering any trade is valuable – it will be the foundation of what people practice in their trading – I have seen, by way of comparison, expensive training courses for forex that omit useful information on developing the trading plan because they want to upsell the next course – so many fail to realise their goals / take a longer time to reach them due to missing information or quit.
    am looking forward to seeing this video sometime to begin my journey and commitment into this arena once more funds come available for a foundation amount to begin with.
    Thankyou for your honesty – that defines you
    well done 🙂

    1. Timothy Sykes

      Thanks!

  95. Jimmy

    Hi Tim

    I subscribed to silver plan but haven’t quite got the money to start as a Challenge student. I have been learning through your video lessons, and really eager to become a student sometime soon. I am excited that you plan to start your account at 5k in 2017, and I think I will jump on the bandwagon and start with 5k with you too. What’s your recommendation for people like me who can only afford silver plan and on their way to becoming Challenge student?

    Best,

    1. Timothy Sykes

      Cool, study my video lessons hard!

  96. Carlos

    This is a great idea Tim. Especially for people who learn better visually. Since I subscribed to Penny Stocking Silver a few months ago, I have learned the best rule in trading – cut your losses quick. Though have not yet been profitable in my trades, I have mastered cutting my losses quick. I thank you for that Tim!

    Another benefit your video will have is, forcing your students to learn and apply the concepts you are teaching. I used to rely on alerts and try to mimic it without success because by the time I get in on the trade, it’s too late and the opportunity to make a profit is gone. Thanks again Tim and keep up the good work. You and your teaching is much appreciated.

    1. Timothy Sykes

      NICE!

  97. Ben Hawkes

    Thanks so much Tim. As a new trading challenge student Im really excited and motivated about learning as much as I can about your strategy and really appreciate the hard work you are clearly putting in to give us the best chance to be successful. Blog posts like this really assure me that Iv made a the right decision becoming one of your students. Back to the DVDs now for me.

    Thanks

    1. Timothy Sykes

      🙂

  98. James Walling

    This article has made me appreciate you and what you are trying to do. I have been following you for a few weeks and I came to the conclusion that you were trying to pitch your alerts more than anything else. I have neen hesitant to sign up because I want to learn how to trade stocks, not just follow someones picks and hope for the best. I look forward to watching you work and learning from someone who is obviously a master of their craft.

    1. Timothy Sykes

      GOOD!

  99. anom

    Mad respect for putting your pride aside and allowing for positive change. Sometimes we know we are right and stubborn to make a change. I’m accused of that as well. As for your old friend, be humble and admit you were stubborn and tell him you value his old friendship. Tell him HE was right. Eating crow is sometimes the best way to get back the people that mean the most to us. Sell the lifestyle, but never in a boastful way. I think you will be respected more in the trading community. Just a humble observation……once again…….I have been accused of the same. We all know you’re good man.

    1. Timothy Sykes

      Thanks thats exactly what I did 🙂

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