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Press-Tim Entrepreneur and Penny Stock Expert

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Written by Timothy Sykes
Updated 1/4/2023 10 min read

Tim has not only turned $12,415 into $4.2 million trading stocks, showing every trade HERE…he also now has not one but TWO trading challenge students to have crossed $1 million in profits in just a few years (see Tim’s first millionaire student HERE and his second one has received a ton of attention)**:

The press regularly features Tim:

September 4, 2015: Huffington Post “4 Millionaire Success Tips From T. Harv Eker

Entrepreneur “Entrepreneur and Penny Stock Expert

Huffington Post: https://www.huffingtonpost.com/dan-solin/learning-from-timothy-syk_b_4998799.html

Bloomberg: https://www.bloomberg.com/news/articles/2015-03-18/penny-stock-guru-tim-sykes-embraces-role-of-rich-douche-bag-

NY Post: https://pagesix.com/2015/03/05/plaxico-burress-wants-to-get-into-the-stocks-game/

NY Post: https://pagesix.com/2015/05/01/plaxico-pal-he-made-an-honest-mistake/

NY Post: https://pagesix.com/2014/02/10/is-wolf-of-wall-street-hiding-millions-to-avoid-victim-payments/

Business Insider: https://www.businessinsider.com/real-life-wolf-of-wall-street-finance-guy-posts-insane-instagram-photos-2015-5

Business Insider: https://www.businessinsider.com/real-life-wolf-of-wall-street-finance-guy-posts-insane-instagram-photos-2015-5

Business Insider: https://www.businessinsider.com/burress-to-work-with-tim-sykes-2015-2

Business Insider: https://www.businessinsider.com/tim-sykes-happiness-money-2014-12

CNBC: https://www.cnbc.com/2014/07/11/whats-next-for-cynk-traders-and-promoters.html

Inc: https://www.inc.com/john-rampton/interview-with-timothy-sykes-the-man-who-wants-everyone-to-be-a-millionaire.html

Metro New York: https://www.metro.us/timothy-sykes/

Daily Mail: https://www.dailymail.co.uk/news/article-3092846/The-Wolf-Instagram-Rich-trader-posts-pictures-jetset-lifestyle-fast-cars-bling-watches-model-girlfriend-gives-tips-followers-like-him.html

Mirror: https://www.mirror.co.uk/news/world-news/wolf-instagram-millionaire-showoff-gains-5744339

BroBible: https://www.brobible.com/life/article/timothy-sykes-penny-stock-tips/

Fox News: https://www.foxnews.com/us/2015/08/26/biggest-barrier-to-wealth-is-your-self-limiting-beliefs/

Orlando Business Journal: https://www.bizjournals.com/orlando/morning_call/2015/03/how-tim-sykes-makes-millions-being-a-rich-douche.html

FinancialBuzz.com: https://www.financialbuzz.com/plaxico-burress-teams-up-with-timothy-sykes-225145

NextShark: https://nextshark.com/this-millionaire-stock-trader-makes-more-money-being-a-douche-bag-than-he-did-trading-stocks/


December 12, 2014: Business Insider “Multimillionaire Trader Tim Sykes Says His Happiness ‘Isn’t About The Money’

November 28, 2014: Forbes “How Tim Sykes Created His Multi-Million Dollar Blog

November 2014: Men’s Journal “Buying High: How to Get Rich on Pot Stocks

October 2, 2014: Huffington Post “Timothy Sykes: How to Transform Haters Into Customers

August 12, 2014: Huffington Post “Success Tips From Millionaire Trader Tim Sykes

February 19, 2014: The Epoch Times “Trader Uses Penny Stocks to Accumulate Fortune

February 10, 2014: NY Post, Page Six “Is ‘Wolf of Wall Street’ trying to avoid victim payments?

January 22, 2014: Techli “Business Mindset: Be ‘Crazy Aggressive’ Like Tim Sykes

January 16, 2014: Mainstreet.com “Marijuana Penny Stocks Are High

December 16, 2013: CNN Money: “Trader turns $1,500 to $1 million in 3 years

December 10, 2013: Business Wire: “Veteran Trader Timothy Sykes Creates Two Millionaire Students, Proving the Average Joe Can Outperform Wall Street’s Big Boys

April 9, 2013: Forbes: “How To Give Potential Customers What They Want While Still Being True To Yourself

June 1, 2012: Inc.com “Best Advice I Ever Got: Timothy Sykes

May 7, 2012: New York Observer: “On Covestor, Copycat Traders Auto-Buy as Mirror Trading Takes Off

February 12, 2012: Marketwatch: “10 ways to trade penny stocks

September 15, 2011: Forbes: “Profit.ly Mines The Masses For Stock-Trading Gold

August 23, 2011: American Express Open Forum: 9 Essential Action Items Every New Entrepreneur

August 9, 2011: American Express Open Forum: 10 Best Practices For Your Human Resources Department

August 8, 2011: Marketwatch 8 Trading Strategies For A Stock Market Crash

August 1, 2011: Marketwatch 7 Ways To Identify An Imminent Market Crash (days before the US stock markets crashed 15%)

July 29, 2011: About.com Profile: Tim Sykes Got His Business Noticed with a Compelling Personal Narrative

July 18, 2011: Huffington Post: Justin Bieber Fights Texting While Driving

July 12, 2011: Gawker: The Shady Company Behind Justin Bieber’s Anti-Texting Crusade

June 24, 2011: SmartMoney.com: 5 Sites for Hot Stock Tips

June 24, 2011: Under30CEO: How to Successfully Manage a Team Remotely

June 23, 2011: Portfolio.com: Social Studies: Millennials Hit the Networks

June 22, 2011: AllBusiness.com: Living Life On The Move

June 14, 2011: American Express OPEN Forum: How To Compete With The Big Boys

June 9, 2011: Huffington Post: Entrepreneurial Burnout? 17 Tricks To Get Over The Hump

May 24, 2011: Frontpage MSN Money “Justin Bieber’s Penny Stock Trouble”

May 24, 2011: Business Insider Justin Bieber Endorses A Broke Money-Losing App Company Owned By A Convicted Felon

May 23, 2011: The Wall Street Journal 8 Must Reads For Monday

May 19, 2011: The Wall Street Journal The 8 Most Important Must-Reads for Thursday

May 9, 2011 Huffington Post: 9 Stellar Websites for Wannabe Entrepreneurs

May 6, 2011 AOL: 24 Tricks for Terrible Networkers (or How to Meet Anyone Anywhere)

May 4, 2011: AMEX Open Forum: 17 Must-Have Mobile And Web Apps For Entrepreneurs

May 2, 2011 FOX Business: Knowing When to Throw in the Towel

Dec 1, 2010: Something Like 30 Questions & Answers With The Kirk Report

Sep 15, 2010: Post & Courier Stock surge sparks nasty comments

Aug 4, 2010: The French Press Couldn’t Help But Feature Me On The Front Page

May 9, 2010: My Wprost Polish Magazine Feature Article

April 11, 2010: “The New Pied Pipers Of Wall Street”

Nov 28, 2009: How To Trade Breaking News: An Interview With The Securities Industry News

Sep 28, 2009: Talking Penny Stocks & Distressed Blue-Chips With The LA Times

Sept 17, 2009: The NY Post Article On SpongeTech, Featuring Yours Truly

Jun 23, 2009: Check Out My Appearance On ABC’s 20/20

Feb 28, 2009: My Feature Article In Crain’s Business Journal

December 5th, 2007Interview with Jean Chatzky

November 1st, 2007Wall Street TV Is Primed for Another Season

November 1st, 2007Timothy Sykes Will Not Be Stopped, Gosh Darn It

November 1st, 2007Failed Hedge Fund Manager Tries again on the Internet

November 1st, 2007Wall Street Warriors’ TV Star Sets Up New and Transparent Challenge

October 30th, 2007Has Every Wall Streeter Gone Insane?

October 29th, 2007Confessions of a Fallen Hedge-Fund Prince

October 29th, 2007Living on the Hedge

October 2nd, 2007Strategy Focus: Short Bias

September 28th, 2007Boy Wonder Tells Wild, Cautionary Tale

October 2nd, 2007Tim Sykes has a fund only a mother could love

September 24th, 2007Tim Sykes Cuts Through Trader Daily’s BullShip

September 21st, 2007Party’s Over For Hedge Fund King

May 31st, 2007CNBC probes stock-game claims

April 5th, 2007POP

April 24th, 2007Online Trading Super Conference

April 4th, 2007Tulane Magazine: No Ordinary Talent Contest

February 26th, 2007Greed is Good

Previous Press

December 12th, 2006Growing Pains

December 8th, 2006Culturally, Hedge Funds Go Public

December 6th, 2006For Better Or Worse HFs Are Now Icons

October 23rd, 2006Junior Barons Go Hi-Definition

October 23rd, 2006WSW: Money, Stress and Kickboxing

October 18th, 2006Wall Street TV

August 30th, 2006Top 30 Under 30

August 8th, 2006Upcoming Stars Shine

July 26th, 2006Magazine Toasts Star Traders

April 4th, 200630 Percent, That’s Chutzpah

March 27th, 2006Young Manager Profile

March 6th, 2006Wanted: Fund Manager, No Experience Necessary

April 4th, 2005Pessimistic, Unpatriotic, You’re a Short Bias Fund

February 22nd, 2005Meet The Manager

March 27th, 2003Another New Wunderkind

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”