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The Gorgeous Trader Who Turned $10k Into $50k In A Year (And She’s Speaking At My Vegas Conference)

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

Given that my 2011 Las Vegas conference is exactly one month away from now and is already nearly sold out, I think it’s a good idea to introduce you guys to all the 13 speakers…while our conference page at https://content.timothysykes.com/lasvegas explains a lot, you guys deserve an in depth interview with each speaker.

(detailed conference schedule coming next week, please quit it with the emails) (side idea: innovators out there, please come up with a billing solution for premium emails so if senders really want their emails pushed to urgent, they pay $1-5/email because at 2,000+ emails/day for me now it’s truly getting ridiculous)

First up is surely the best looking speaker (besides the great women behind this site who are also speakers this year) of all of smallcap traders, the ever popular @mb_willoughby

Maribeth Willoughby
Maribeth Willoughby

Already a popular trading figure on #BOWS, we’re hoping to protect sweet Maribeth from this notorious trader/ladies man and to convince her to post her solid results on Profitly to help everyone learn from both her successes AND failures.

After all, while stories like this guy turning $500 into $3k in a few weeks, this PennyStocking Silver subscriber turning $1k into $12k in a month, this other Vegas speaker turning $2,500 into $200,000+ in 2 years, MB’s $10k to $50k in a year is a GREAT feat.

Go visit https://content.timothysykes.com/lasvegas ASAP as there will be NO more tickets left in a few days, definitely gonna be sold out by October 1st

1. What’s your background?

I am 25 years old. Obtained a Biomedical Engineering degree from Mississippi State University in 2009. Lived in Mississippi my entire life. Father is a sales manager for Kenworth trucking and my mother is a preschool teacher. Started trading about a year and half ago with absolutely no background or experience. Very new to the trading world. I learned to trade from Kunal Desai for about 3 months, then turned my $10k into about $50k in a year.

2. Talk about your mentor kunal and how he’s helped you

Without Kunal I would no nothing about the stock market. This guy has taught me so much in the past year. He is the most sincere person and really cares about others. Kunal owns bulls on wallstreet and has been trading since he was in college I believe. The guy is one of the best momentum stock traders around. When I first started, I came across is website randomly and decided to join and learn more about what was going on. I never expected to love it as much as I do and to make a career of it. Kunal answered all my questions and eventually started tutoring me one on one a few nights a week. His site is unique in that he sits with you throughout the trading day and tells you live entries and exits of his personal trades.

3. What kinds of stocks do you like to trade?

Mostly trade stocks between $1-$20. Majority of the stocks i trade are below 10. Favorite types to trade are momentum stocks.

4. Lessons from your biggest win

Biggest win was about $5,000 dollars on an ipo breakout stock. It was shortly after my biggest loss so it really helped my confidence 🙂 Biggest lesson I learned from this was never get so down on yourself that it puts you out of the game. Never take a loss so big that you cant recover from it. Stay in the game and you will be successful.

5. Lessons from your biggest loss

Biggest loss was a little stock known as Spreadtrum Communications, Inc (ADR) (SPRD), bought the breakdown when the fraud report was issued by Muddy Waters.. never covered even tho i was up like 3 bucks per share on the stock, and watched it come all the way back. I covered the next day for a pretty stout loss. The lesson I learned from this was certainly one of greed and that anything can happen in stocks. Take gains when you have them.. dont be greedy.


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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”