timothy sykes logo

Penny Stocks-Timothy Sykes Millionaire Challenge

The Hottest Sectors In The World That Everyone Hates On

Timothy SykesAvatar
Written by Timothy Sykes
Updated 2/2/2021 6 min read

Hottest Sectors

Lately I’ve been talking A LOT about this hot sector and despite it being the best-performing asset class IN THE WORLD, I get more hate-filled messages about it than even the hate-filled messages I get every day related to penny stocks!

Download the key points of this post as PDF.

That’s why I just made this new video:

…and why I write blog posts like “How To Make 100x Your Money” and “How To Make 1,000% On Your Money” (aka how to make 10x your money)…

…and why I must show you AWESOME charts like this:

…and incredible 2-day charts like these:

… to help put everything in perspective because despite the all the hate, penny stocks and crypto-currencies are the hottest 2 sectors IN THE WORLD right now and it’s absolutely laughable to me that anyone would hate on such solid performance, no matter each niche’s inherent sketchiness. ..especially when I have so many Trading Challenge students who are using these great plays to make $5,000, $10,000, even $30,000 or $80,000 in a week, check out one example here:**

…and remember if you saw this great interview I did with Roland when he just passed $100,000 in profits in July, and yes he’s now at roughly $400,000 in profits just 4 months later, his dad is a value investor and dead set against trading speculative/junky penny stocks…** but now due to Roland’s hard work, study and success, his value investor dad has seen it all firsthand/has been educated and gladly admits he was wrong.

Now to be clear, I’m not saying go out and invest in penny stocks or Bitcoin for the long-term, that might pay off, but the odds of great success are low and the risk in that strategy are very high, what I am saying, and what I’ve been trading for the past 2 decades and teaching now for the past decade, is to UTILIZE THESE NICHES AND THEIR VOLATILITY TO GROW YOUR ACCOUNT EXPONENTIALLY…read this blog post to understand better.

I would NEVER say put all the money possible into Bitcoin now, nor do I ever say go all in, let alone go big, in any one penny stock because while they are both top performers this year, their fundamentals don’t support current prices so they can crash VERY quickly and the sad truth is that a majority of people won’t study or pay close enough attention to their positions to limit that risk.

So I HIGHLY RECOMMEND TRADING THESE VOLATILE NICHES, trying to profit on both the upside and downside, NOT INVESTING IN THEM OR BELIEVING IN THEM FOR THE LONG-TERM!

Why this simple thesis goes over the heads of too many people who refuse to listen to my strategy details, instead preferring to hate first and not give it anymore thought…

It truly blows my mind, but then again, after traveling to over 100+ countries and meeting people from all walks of life, I’m very confident to say that the financial education and know-how of the worldwide population is somewhere between pathetic and non-existent so assumptions, lies and BS carry the day and the vast majority of people think that the only way to make a lot of money in the financial markets is to buy-and-hold good quality companies over the long-term, a strategy that has worked very well the past few decades if you’re interested in making 10-20% PER YEAR on your money and only growing your account exponentially after SEVERAL decades, i.e. think about turning a $1,000 or $2,000 starting stake into potentially $10,000 to $20,000 over too many years that pass you by where you waste the opportunity to grow your account into seemingly impossible amounts like this “Trader turns $1,500 to $1 million in 3 years“**

So I now have 5,000+ video lessons and 8,000+ blog posts, not to mention 1,000+ live trading and question and answer webinars archived nicely for my Trading Challenge students!

Leave a comment below and tell me if this makes sense and you’re willing to go against mainstream thinking since I hopefully just made enough sense for those of you with small accounts to started to recognize the huge upside potential for your wealth vs. very low downside risk if you’re wrong about any stock or asset class (never forget rule #1 is to cut losses quickly, you don’t need to hold and hope, that’s actually a very dangerous strategy that too many spoiled bulls don’t realize right now, but trust me, when the bear market comes around, as is inevitable in the next few months/years, if you have the wrong mindset and are too much of a “gunslinger”, you and your account will get destroyed…and I don’t want to see that happen so please take my advice now!

Remember, this deal ends in roughly 24 hours from now so don’t miss it!


How much has this post helped you?



Leave a reply

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”