Tim thanks so much man. I just graduated high school and I came from a fairly poor family and since I have been following you for a year from your DVDs to your RU-vid videos and I started with 1700$ and now my portfolio is 200,000. You changed my life and don't listen to none of the haters man..Where success lies, so does negativity, to try to ruin your rep. If everybody loves you somebody has to hate lol thanks man
Hey Tim, I've been watching your videos for about a year now, even got Pennystocking Part Deux. I'm part of that 5-10% who haven't lost anything. My account is up 14% now. I have no doubt that when I grow my account and am able to put up bigger positions, I'll be up there with you man. Thanks for everything you do
Tim, I'm just a random dude on the Internet but I want to say thank you very much man. Watching this video and others on your channel have inspired me a lot. I truly appreciate your genuine words of inspiration. I have had a passion for trading for a long time now and have learned more than I could imagine I needed to. More accurately all the things I imagined had to be unlearned. I've dropped the illusion of riches overnight and all that, and I am thankful for the perspective I have gained from "Seeing reality" as you said in your speech. I have a few years of experience with full-time trading and was basically a break even trader by the time a serious personal situation caused me to have to withdraw my funds and move on from trading for awhile. I have now been working my ass off saving and getting myself ready because I am going to be trading from home next year. There has been a lot of uncertainty in my heart about it, even though I have been paper trading successfully and will continue to do so until that time comes. My point, is that while I know that inspiration alone doesn't cause anyone to succeed and that it must be coupled with actual work and dedication, I believe I have what it takes to win deep down. When I see your videos, the house and the cars and the nice things don't even register to me like they would have in the past. I don't care about those anymore. What shines through, is how bad you want me to succeed and how possible it is. You help me see it in myself and that is something I've really needed. Thank you so much for that.
It is continually self evident & inspiring to me to see Tim's authentic mission to help those few folks who truly may come from any number of humble beginnings, and teach them how to trade penny stocks wisely and profitably. CYGT and is a lesson to be kept for me as I venture into this challenge.It's like a sigh of relief to know that self discipline, sticking to what works, and doing due diligence can still be relied upon. I'm glad for the evident mission that Tim has to debunk the myths and bad kool-aid that gets drank by the financial industry and many investors. This is a mission I am very inspired and fortunate to have the opportunity to follow and experience and participate in its evolution.
I remember hearing Tim say once that traders are extremely important to our world. I 100% agree, traders are driving the markets. We traders spend money when the rest of the world is not. Its true that all classes are important for the economy, but. Traders are in my opinion the most important. We pretty much determine what the world markets, and inturn the economy, will do. Traders are a huge factor in what the economy does.
I got give Tim props. Even with his earnings from stock trades and his services he provides. He still hustle like he is making his first buck. That alone motivated me to sign up for the millionaire challenge. I look forward to trading with you in the future Tim.
Allen Wong was there, glad you guys are cool and hugged it out, both of you inspire me to be a master of my own destiny and not just be another corporate slave. I'm learning both computer science and day trading lol, the struggle is real!
This was a very good speech to listen to. I found myself clapping at the end of it. Thanks Tim, I remain inspired and hope to one day be able to buy some of your educational videos. Again, thanks.
Thank you So much Mr Sykes I am in The U.S Army and I have been trading for several years I started trading stocks in the Brittish markets and I was inspired by your penny stock conques in the United States so much that I tried and had a little success but a Colonel introduced me to forex and the futures markets and I have never stopped trading since... THANK YOU FOR YOUR SERVICE AND INSPIRATION!
He's sharing his years of experience, learn what you like to get similar results or follow it exact to get what hes got and try to better him. Im sure he'll have no complaints and you'll probably say you wish you had done it earlier. If your not a fan, Don't hate. Instead of condeming, complaining and criticizing..Go make good use of your valuble time challenging yourself in some productive way.
I love this video, i'm not sure where to start though if i want to get into the trading business. I'm tired of living check to check to make a better life for myself.
kudos for discussing your losses as well as your gains. appreciate your honesty, transparency, and vulnerability. Methinks I'd like to be a multi-mi$$ionair too, not just for the $$$$, but enjoying the "Mo" the "winning," the "sharing" with others......eventually. Stay real Tim! @Timothy Sykes.
i feel bad for these college kids. college is like cancer. its hard to win over and almost as hard to come back from. the time and money wasted and the debt taken on makes it almost impossible to start a successful business after. not that it isnt possible. i just see college as more of a setback than an advantage.
Tim sykes is my favorite id buy the dvds but i dont even have buy 500 dollars to my name. Great videos I have watched most of your youtube videos more than 2 or 3 times. Great stuff love it
Tim you are interesting and engaging. I myself will be looking to trade penny stocks in 2017. I would rather listen to you then some hotshot Billionaire. Thank you for the videos
Great speech Tim. Keep doing what you do. You are right. It's not easy. Trading requires extreme discipline, which few people possess. Stay on the path and you will continue to grow as a Trader and Educator. I am proud of you Tim.
great speech... u know what i find common in all rich people who have earned it by hard work? they all respect the value of money and are frugal :) look at- warren buffet, carlos slim etc !
I'm just a person in their mid twenties that doesn't have a whole lot of money. I work hard (usually 50 sometimes even 60 hours a week) but my career field and the way I am making money just isn't enough anymore. This has started me on the path to looking into different ways to make enough money to at least live comfortably (not luxuriously) just comfortably. My questions are this. I don't have any experience in buying or trading stock whatsoever. I never went to school or took classes for it. I only have around 200 bucks a month to play around with but if doing so gained me an extra 50 or 100 bucks it would be worth the effort and I would consider it a good start. My question is where do I begin when it comes to day trading? How do I learn the core basics such as how to buy and sell shares, where to look, how to avoid scams (because I think penny stock would be a good start as long as I am smart about it and use listed nasdaq penny stock). What I'm asking though is, in this huge foreign world known as the stock market. Where do I begin?
How do you determine position size for every trade you make? Do you have ebook or book that lays out your strategy and rules? I need a book written by you like I once read the book on the "turtle" group's strategy.
The thing about trading is that if you can do it well, then maximize your earnings. But you should responsible with that dough and use it towards doing good. Not talking about just throwing it into charities or friends, but use it to start businesses and fresh projects that benefit society at large, or at least create jobs.
Tim, I have a couple of questions about trading stocks and your method... How can I get in contact with you or is there a course or something else where I can learn...??? Thanks!! By the way awesome video!
hello sir, it was nice listening to you, i am from india , i am also stock trader,i am young guy, hardcore technical analyst,,at present m making money in options of nifty,,i will like to learn from you,,can u suggest me some trading lessons or books?it will be of great help,,thanks
Missed seeing this back when I was a student at Harvard; I had a quantum mechanics lecture to attend, and a meeting of the Suma Cum Laude Society. Would have loved to attend however.
I like the idea of sharing! I saw an old documentary for a while ago and you were in it Tim, good to see you made it! =) I share my trades too and help traders but I only trade binary options for now. Trading is fun!
Timothy Sykes. wish u can teach me how to go about trading penny stocks and all of them at large. This is a inspirational video really. I suck at this.. lack of information
I'm 15 years old and I just found this video from your instagram account. I'm thinking about being a software engineering and I also want to learn a little bit of stocks and what are the probability of me making a profit of that, because I'm raised in a low income family and I'm willing to work hard enough and learn from you as much as I can from professionals like you. So do you have any tips to begin with the stocks market?
BronzieGames Don't go right into the stock market. Learn about it first. Do your own research. Get books on investing. Also try to get a job, save all of your money and then you can start investing. I just don't recommend penny stocks.
Hey TIM!! You have come across like a gift from God. I would really love to become like you and i am prepared to put in 100% efforts and be meticulous like you ask. I have been trading over 2 years with no actual gains to show for and its getting rough ive been studying and learning about it and really want to excel at the trade. Could you please guide me in the right direction where i can learn for masters like you. Thanks
I think he's reached the max he gonna achieve with penny stocks. He made his first million 15 years ago, and now only has like 4 million or something I've read. Its not really growing very fast for him anymore. Dimishing returns..
+Timothy Sykes I didn't expect you'd reply lol. But I'm not a hater, I'm just saying you reached a plateau. If you double 100K every year, it will take another 10 years to get another million. But you made 4 million in 15 year, to make another million in 10 years that would be a diminishing return. Maybe all the traders your teaching to trade penny stocks are eating your lunch. LOL
Michael Stephens Well there is actually luck. I didn't inform me very profound on this one but, when u are doing something there is a possibility to get a number of combinations which support your current action immensly. On the other hand there is a possibility that the worst combination happens. Its like rolling random numbers from 1-100. The chance to hit the 100 is equal to hit the 1. My sentence above just proves, that when u do something you have the actual chance to roll a 100. But getting lucky on doing nothing can't improve your nothing. So luck for businessman is in my opinion still described best with the sentence: Prepare for the worst, hope for the best.
i'd like to know why he hasn't turned $1 million into $50-100 million via penny stocks. if one already has $1 million in capital to work with, wouldn't it only take 1-2 years to turn $1 million into $50-100 million trading?
That is not the safe way to trade penny stocks (look into risk to reward ratio). If you buy $500,000 worth of shares at a price of 0.005 per share you will cause the price to move up to a price that everyone else wants to sell at. Everyone else starts selling their shares but you wont because you haven't made any profit because someone else hasn't bought another $500,000 worth of shares to cause you to make a profit. Nobody really wants to buy now because the trading rule of thumb is that you never chase a stock. And now you cant sell either because nobody wants to buy. So, always know a stocks daily volume average so you can know how liquid it is and how much money would it be safe to trade with in that particular stock in that particular day(s).
yes gettin 1 mil to 50 mill is possible but not in 1 year and will take some expert many many years and then he will be an extremely good investor. not your average investor, the average wuldnt even make 10% let alone 1 mill to 50 mill. And on penny stocks thats not even possible. Well maybe if u happen 2 be extremely lucky and get a company like alibaba when it was extremely small and on nobodies radar and then 10 years later it gets listed on the stock market and then u will make billions. but that is literally 1 out of million.
dont know if his method works but at least fe is sympathetic, pleasant..not the classic American insular businessman that vomit on us how cool he is, how much he works without ever take some holydays....this at least enjoys his life...travelling abroad means curioosity for the others, so it s a clue of intelligence
