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LIVE Trading Event: Friday 8/23!

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Written by Timothy Sykes
Updated 8/22/2024 4 min read
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The last LIVE event that I hosted was on August 16 …

I was live streaming with Tim Grittani, one of my most successful millionaire students.

To date he’s recorded $13.5 million in trading profits (including losses). All from using my process.

And on August 16, Grittani nailed a HUGE trade on GeoVax Labs Inc. (NASDAQ: GOVX). It was LIVE for everyone to see!

And you could have followed along with your account!

Now, my Challenge students will always have access to this video. It’s archived for study purposes … You can watch it below:

If you’re not a Challenge student, don’t worry.

There’s an opportunity for you to tune in to my newest LIVE event on Friday, August 23!

I’m going live this Friday and Saturday with a team of traders who use this same framework. And together, we’ll enlighten my newest students to help them find the right setups.

Every day I get messages from students who are trading with my exact patterns.

There are new trades to make all week.

But the longer you ignore these opportunities, the longer it will take for you to reach your trading goals.

Take a look at some of my student’s posts on X below:

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Stop wasting time … 

Grittani traded a huge runner LIVE last time we held a livestream. There’s no telling what could happen this time.

Friday’s LIVE Event

You’ve still got time to get into the virtual conference room.

In fact, one of the best trade setups that I watch for every week occurs at the end of the day on Friday …

The video tutorial is below:

This Friday you can follow along LIVE!

More Breaking News

You don’t even need to be a Challenge student …

Live instruction is SO important because nobody is 100% sure what these stocks will do.

My millionaire students and I use popular patterns to profit. But every spike looks a little different. And for new traders, this price action can be confusing because they lack experience.

Everybody has to start somewhere.

Today you can gain experience and follow the hottest setups LIVE with me and my team.

To give you an idea of these opportunities … Grittani’s recent trade on GOVX … The price spiked 150%* that day. And the stock is still in play!

Take a look at a chart of the move below. Every candle represents one trading minute:

GOVX chart multi-day, 1-minute candles Source: StocksToTrade

Here’s why GOVX is spiking:

There’s a global monkeypox scare taking hold right now, that’s the reason we’ve seen so many small-cap biotech stocks start to push higher.

See … We’re not trading random runners.

  • There’s a reason for the spike.
  • There are patterns that we use to trade.

I’m holding a LIVE trading conference on Friday and Saturday to help YOU understand and capitalize on these kinds of plays.

Interested in profitable market ideas?

>> Join This Friday’s Trading Livestream <<

Otherwise … Good luck to you.

You’re going to need it, this Friday’s going to be nuts!

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”