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10 Inspiring Photos And Videos Of My New $235,000 Lamborghini

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Written by Timothy Sykes
Updated 2/2/2021 4 min read

URGENT: Back to school specials of 50% off on DVDs here and 50% off on newsletters here, enjoy for the next few days only!

UPDATE: 2 years after I bought this brand new Lambo I gotta say this is my best purchase ever…see my thoughts after I just completed a 1,300 mile Lamborghini roadtrip…and the coolest part is this Lambo has inspired SO many of my students to study harder that I actually now have several millionaire trading challenge students, one of whom was featured on CNN HERE

The other day I introduced you to my brand new penny stock trading software in this blog post, now that it’s Chanukah, I’m celebrating my $235,000 present to myself, a brand new 2013 Lamborghini Gallardo.

So far nearly 300 of you clicked like on this Facebook photo of this bad boy and over 30 have liked this new video I just posted so I’m glad you approve, but I want more than just your approval.

Please do click like, leave comments, good and bad (I love feedback from my readers/students), but the most important thing I want you to do is to get inspired by this work of art.

As I say in this video, I’m just a smalltown guy from Orange, CT (no I didn’t pick this color to commemorate my hometown…I wanted black on black, but it took me 2 weeks to get insurance since this is my first car in 7 years (last one was a BMW 745Li back when I lived in Orlando, Justin Timerblake and I were the youngest owners of that car when it first came out) and the black Lambo got sold while I was waiting…and Lambos don’t grow on trees so it was white or orange and when in Miami…) and if I can make millions with my strategy so too can you.

You can see some of my best students testimonials here and all told I have over a dozen trading challenge students who have made over $100,000 with my trading strategy, but I WANT TO CREATE A MILLIONAIRE FROM SCRATCH!

And I will not stop until I do or even when I do…

Get truly motivated, start with these 7 free video lessons and if you’re ready watch these 30 of my best video lessons

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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”