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Special Live Event With Tim Grittani!

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Written by Timothy Sykes
Updated 8/15/2024 3 min read
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Ladies and gentlemen, I have a treat for you today!

For ANYONE who’s interested …

You have an opportunity to watch two millionaire traders discuss their favorite setups in the market LIVE.

I’ll be presenting today and I’m joined by one of my most successful students, Tim Grittani.

Student Who Has Made $10 Million
© Millionaire Media, LLC

He joined my Challenge in 2011.

I’d already been trading for a decade. But Grittani would eventually surpass my total trading profits …

That’s the power of learning this process from a mentor.

I was able to teach Grittani the ways of the stock market. Comparatively, I didn’t have a mentor, I had to figure it out on my own, and it stunted my growth.

Today, Grittani has $13.5 million in recorded trading profits (including losses). And I have $7.7 million.

I’m still proud of my $7.7 million … And to think I started with my bar mitzvah money.

Grittani started with $1,500 …

I’m trying to illustrate a point: Trading success is possible for people of any financial background.

And more than that, there’s even a specific process to follow.

I taught this process to Grittani.

So far, over 30 students have passed the $1 million milestone using this same process. Not to mention all the students currently on their way …

Today’s Live Event

© Millionaire Media, LLC

Usually these live streams are reserved for Challenge students.

More Breaking News

But considering the overwhelming opportunity in this 2024 market, I opened this livestream to the general public.

I’m not here to gatekeep trading information, I’m here to teach traders.

Already in 2024 I’ve watched multiple students cross the $1 million milestone. These are the two most recent, and they’re brothers!

There are opportunities for YOU to profit TODAY in the market.

That’s why I had to open up this webinar.

And it’s completely FREE!

Take your education and your future into your own hands:

>> Virtual Trading Conference Today (Friday, Aug. 16) @ 11 A.M. EST <<

Together we’ll break down the hottest profit opportunities in the market.

Like the 810%* spike on Serve Robotics Inc. (NASDAQ: SERV) … See the 10-minute-candle chart below:

SERV chart multi-day, 10-minute candles Source: StocksToTrade

I’ve already traded this runner multiple times this week, take a look at some of my trade notes below:

Source: Profit.ly

Join Grittani and myself today to learn this process!

Cheers.

 

*Past performance does not indicate future results

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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”