Tim has turned a portfolio of $12,415 dollars into more than $5 million dollars in trading profits over the last 20+ years of trading.
When he was in high school from 1999-2002, his parents gave him the $12,415 dollars he’d received in bar mitzvah gift money to play around with. They thought he’d lose it all, but instead, he spent hours in the computer lab, learning how to trade.
He started with mutual funds and other more traditional types of investments, but when he realized that the best he’d ever earn was 8-20% a year in returns, he knew there had to be something better out there.
That led Tim to the world of pennystocking. He made some good calls and some bad ones, but the most important thing was that he learned how to read charts and track companies to find the patterns he knew he could trade in order to turn a profit.
Instead of going the traditional college route, Tim found himself skipping classes to trade penny stocks and eventually launch his own hedge fund, which was the #1 ranked short bias fund by Barclay for 3 years before he realized that his trading strategy wasn’t very scalable. Tim tried to take advantage of longer-term trading strategies and his fund lost 35% in the process.
In 2006, Tim wrote a book detailing his experiences, called “An American Hedge Fund”. Then he decided to take things even further.
Tim launched a publishing company and a blog that detailed his trading activities and provided a way for him to speak openly and honestly about the state of the stock market.
Since launching his first blog, Tim has published thousands of posts and has been able to demonstrate EXACTLY how he has been able to take his trading strategy work.
In his spare time, Tim loves to travel. He has been to more than 100 countries so far and had the chance to hang out with some of the world’s most interesting (and most successful) people. You can follow him on Instagram and Youtube, where you’ll get even more of an insider look into the millionaire lifestyle provided by his trading system.
Tim’s other big passion is teaching. He has over thousands of students in more than 70 countries, and they’re doing amazing things. More than four dozen of his students are currently earning six figures a year, and two of them (so far) have gone on to become millionaires for scratch.
Tim Sykes Penny Stock Millionaires is dedicated to providing you with insights, trading tips, and strategies for becoming a millionaire using penny stocks.