Timothy Sykes Rapidshare

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35starsEditors rating Timothy Sykes Review – Stock Trading Alerts on Profitly. This article is a Tim Alerts review and Pennystocking Silver review. We address the question everyone wants answered – is Tim Sykes scam or legit?Are you looking for a Timothy Sykes Pennystocking Silver review? Maybe you want to read about his service (Tim’s Alerts) for new stock traders. Well, you have come to the right place!Timothy Sykes is a self-made guru and leader in the field of penny stock trading.In this Timothy Sykes review I will reveal the pros and cons of this millionaire penny stock traders’ premium alerts services. The Timothy Sykes program has two primary services – Tim Alerts and Tim Sykes Pennystocking Silver alerts program.The strategies that he shares with his paid clients are derived from his personal experiences.

He has built his strategy by predicting when penny stocks will go down, not up.His practice focuses on showing traders how to handle volatile stocks by getting in and out quickly to turn the greatest profit in the least time. This Tim Alerts review will expose his tactics and reveal if we think he is the real deal.Disclosure: Please note that some of the links on this page are affiliate links. This means that we may earn a commission, at no cost to you, if you decide to make a purchase after clicking through the link. Please understand that we have experience with these companies, and we recommend them because they are helpful and useful, not because of the small commissions that we may receive if you decide to buy something through our links. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.

Tim Alerts review: Tim Sykes scam?Although it can be difficult to guarantee the credibility of a service or individual in the world of penny stock trading, Timothy Sykes provides a service with integrity and a proven history of success, despite some minor disadvantages.My Timothy Sykes review discusses his Profitly, gives a Tim Alerts review and all of his other products and services. How much is Tim Sykes worth?It is quite difficult to answer the question of how much is Tim Sykes worth. The best estimate of how much is Tim Sykes worth has been made my Forbes.

So how much is Tim Sykes worth? Tim Sykes scam? Read on for our Pennystocking Silver review.When considering how much is Tim Sykes worth, you have to look at all of his business income, trading income and other assets.He is famous for making a few million dollars trading penny stocks. But it is probably safe to say that the majority of Tim Sykes worth is from his business income. This is not a bad thing – he still trades stocks successfully!At the end of the day does it really matter how much is Tim Sykes worth?Tim Sykes is a great stock trader and he can teach you to make more money trading stocks. Read my Tim Alerts review to find out if Tim Alerts is worth it.Timothy Sykes ForbesTim Sykes has been featured in so many major publications, TV shows and interviews. Here is a collection of some of his interviews in major publications.Tim Sykes Steve Harvey InterviewTimothy Sykes: What to expect from Timothy Sykes, Products and ServicesThere are a number of different tiers to the services that Timothy Sykes offers to his clients, including packages that are more affordable but provide fewer benefits, and those that are high end but include a variety of resources for traders.

Tim Sykes ProfitlyTimothy Sykes runs an awesome community for traders called Profitly. He runs his trade alerts service and sells his educational DVD products on Profitly.

Timothy Sykes Wife

Many other great stock traders have started out teaching others on the Profitly.I started trading stock many years ago, and I learned to trade stocks on Profitly. Tim Sykes trades: A list of Tim Sykes’ latest trades. I don’t think that there is a Tim Sykes scam. Do you?Of course, you’ll also receive a daily list of stocks that you should be watching. It’s essentially a Hitchhiker’s Guide to Penny Trading; it covers what investments you should make and when to make them.This is a standard service in the world of newsletters and mentors, but Tim Sykes picks are notorious for being consistently reliable and making fast profit.If you’re a beginner or just looking to brush up your skills, Tim Sykes also offers a series of video lessons detailing the process of penny trading and how to become more successful.There are over a thousand videos available for those who purchase the right package. Additionally, there are new lessons made available every week if you choose to purchase the largest package.Pennystocking Silver ReviewThe best features are all included within the. This Timothy Sykes program is called PennyStocking Silver.

Tim Sykes Pennystocking Silver premium package is fantastic and the industry standard when it comes to penny stock trading.A full Pennystocking Silver review is outside the scope of this article. You can look through about Pennystocking Silver and decide if it is right for you.Timothy Sykes program for beginners – Tim Alerts ReviewFor about half the price, you’ll receive access to the chat room, the daily list of picks, and the option to receive real-time alerts via SMS and email.

This is the service called Tim Alerts.Tim alerts is very low-cost (currently $74.99 per month) – so you might as well try it out. It is a month-to-month deal, so you can just cancel the subscription at any time.If you are like me and have a large portfolio, I would highly encourage you to invest in the premium package that Tim Sykes offers.If you are a little newer to trading or unsure about the service, you could start out with the Tim Alerts package and would still benefit greatly from the real-time updates and online educational materials. Tim Sykes trades: Tim Sykes alert on DIMI for a 50% short gain.However, you should keep in mind that if you are not willing to put the time into this method, you will not be able to create as much profit as Tim Sykes promises. That being said, it has proven to be an effective strategy for me and many others overall.In short, Timothy Sykes provides a service that is transparent, honest, and profitable for those who are willing to invest the time in learning how it works.Disadvantages of Timothy Sykes Stock AlertsOverall, Sykes provides a series of excellent services for his paying clients.

However, this does come at a cost.Unfortunately, Sykes’ attitude and arrogance are very present and make it difficult to fully appreciate all of these services. Sykes has been very successful with his business and generated a great deal of income very young, but a sense of arrogance and superiority is unfortunately visible in the way he interacts with his customers.My Timothy Sykes review found that the Tim Sykes can be both a blessing and a curse for this reason.It may even be the reason that people think that there is a Tim Sykes scam going on. Tim’s alerts are not that easy to copy and when traders get mad that they cannot replicate his alerts, he can become quite aggressive.He strongly encourages people to buy from his watch list BEFORE he buys to avoid this kind of thing. Nevertheless, people still scream that the ‘Tim Sykes scam’ is to purchase stocks, alert them and sell them as subscribers buy in. That has not been my experience.If you have access to it, you can benefit from an ongoing dialogue between a couple hundred traders during market hours at the same time as a few experts, including Sykes, are demonstrating live trades.

This is where it can get a bit old fast. Sykes has been known to refuse to respond to straightforward questions by telling subscribers instead just to watch videos from the library or purchase his other videos. Tim Sykes trades have allowed him the finer things in life.His requests to subscribers to buy his new videos honestly get tiresome fairly quickly. That being said, he’s an obviously busy guy.

Tim Sykes trades lets him buy nice things – usually cars and watches!In short, my Timothy Sykes review found stock trading services that are helpful for both beginner traders and those who are more experienced in the field of penny stocks.There are some minor drawbacks to the services, but I personally think that these are outweighed by the advantages of choosing a reliable and credible trader.I recommend joining the Tim Sykes PennyStocking Silver program for people that are new to trading or just looking to learn a new strategy. If you are experience and want to take it to the next level then try applying for the premium Tim Sykes course, The Millionaire Challenge.Overall, my Timothy Sykes review found that Timothy Sykes provides a series of services that are very advantageous for anyone, including myself, who is willing to take the plunge. The Tim Alerts review section found a very low-cost and effective training program and chatroom.I hope you enjoyed my Timothy Sykes review. If you would like to learn more about Tim Sykes checkout his website.Articles Related to this Tim Alerts Review(He initially learned to trade stocks from the Tim Alerts program!)– Another millionaire student of Tim Sykes!Profit.ly –I hope that you have learned something useful from this Timothy Sykes Review!

This has been a very detailed Tim Alerts review! Tim Sykes Pennystocking Silver service is also very good for beginners.Please comment below if you have something positive to add to this article regarding Tim Sykes alerts services or comments about Timothy Sykes program in general. Was this Pennystocking Silver review helpful? No comments on Sykes?

That must be because you only get negative comments from his former “students” as he chooses to call them. I will say that many of your comments are correct regarding his arrogance, his foul mouth and his poor trading performance. You are 100% right in saying that his income comes from selling his services and not from trading.

Your examples of his trades are not real either. He very rarely – if ever – puts so much money into a single trade. I wasted $6000 on his junk.

Table of contents:.Ok, lets start off with a formal introduction of the rich jew:(or if you already know who he is and want to skip this part)#1 – Who is Timothy Sykes?Tim Sykes is a famous penny stock trader and educator who has been brought to fame by a TV show – Wall Street Warriors. He was featured as a reckless young day trader who was starting a hedge fund from his dorm room.I’ve embedded the full episode that introduces him, in case you’re interested.After receiving a tonne of e-mails since the show went live, he decided to start selling his trading education, which has now grown into a business that is making him.Yes, that’s right. The videos are really valuable, but you would need to get the more expensive subscription in order to access them.#4 – The Education Options He ProvidesSykes offers a tonne of material of him teaching his methods.

He has tens of, trading videos, webinars and live day trading chat rooms.The DVDsIf I were to choose a DVD, I’d start off with ““. It’s rather cheap and all the money that he makes from this particular dvd goes to charity.Day Trading Chat RoomsThe main thing that Tim offers and from where he makes the most of his money, is his chat room service.What it is, is a day trading chat room, where Tim and all the other chat room members announce their stock picks and if they’re buying or selling.TIM ALERTS – The cheapest option –, does just that. What you get to see are the stock picks and the relevant discussion that goes around it.Various other traders (both pro-s and noobs a like) discuss the stocks in play and wether they are in or out. You get to ask questions publicly or privately to the person you want to chat to.However what’s missing from TimAlerts chat room is that you don’t get the video lessons. So you don’t get to see the weekly video lessons that Tim puts out of the recent plays and the reasoning behind the trade executions.PENNYSTOCKING SILVER – The second option – is the same chat room with weekly video lessons and you also get to access Tim’s archive of videos (there’s over 5’000 of them at this time).In my opinion, that’s the option to go for. What it does is it teaches you how to fish in addition to just giving you the fish.I like this option as you actually get to learn the ropes and see the logic behind the trade ideas.Once you’ve watched the video lessons, the patterns begin to repeat themselves and you start to come up with your own trade ideas. So you could ultimately become self-sufficient.TIM’S CHALLENGE – This is the most serious, yet by far the most expensive option to learn from Tim.

It costs around $5,000 to.But what that money gets you is private consultation and trading education program that is more like mentorship. He puts the most amount of focus to the students of the challenge program.This doesn’t mean that the other programs are not worth the money. I think they are better in terms of value for money, but the challenge program would increase the odds of success the most.#5 – Is He Worth Your Time and Money?In terms of trading educators, I truly think that Sykes is currently the best option available. Provided that you’re not able to land a job in a prop trading firm 🙂Your chances of true success are at least 50x better than if you were to start out on your own, in my honest opinion.Trying to figure trading out by yourself is an expensive venture. You will likely lose a significant amount on market education.

Most people blow it all and quit trying.My resolution is that yes, Sykes is worth your time and money, but you really need to put in the work to give yourself a chance of success.The good thing is that he provides a system that actually works. Your part is to truly learn and implement it.#6 Feedback From OthersTim has a rather substantial amount of twitter followers. There seems to be a substantial amount of traders that are trying to learn from Tim.I think that as he is the only guy who has publicly shown his students actually making a substantial amount of money with Grittani at $5M+, Goode at $2M+, etc. Hi Deb,I believe the main issue is the time that you are able to dedicate to this.Students usually have more free time on their hands compared to regular folk that have a 9-5 and a family.As a retired person, I believe you have the same edge as students do.

However you likely unable to risk as much as youngsters do, but you do have more cash to start with.So all in all it really depends. I would still give it a go if I were you, but only invest the amount of money that you can afford to lose.Good luck in your trading ventures, Deb! (I just read your comments) so when you say mimic his trades, you mean he literally posts exactly what he buys and sells and if you sit on the computer all day you can literally make the same moves and the same amount of money if you invest the exact same as him!? I mean your own added knowledge to add on top of that is amazing but that almost seems to good to be true to just lazily copy a millionaire’s moves! Am I missing something? I guess that’s why he charges money.

I have absolutely NO experience trading, how do I even learn the basics (jargon and such)? How long is the Timothy Sykes’ Challenge and were you ever a student? Thanks for the article! How can I sign up JUST for the chat room you’re suggesting?

Because everything clickable on his social media links toward the challenge, ugh! I am a stripper (lol) and I want to turn my cash into a profitable business so I’m not stuck stripping in my 30s haha!! Hi Deja,It’s not as easy as clicking when Sykes says to buy or sell. You should have to think on your own as well. Yes, I’ve seen people simply copy his every move with fairly good success rate, but I don’t think that you should stick to just following someone. Whenever he stops giving out alerts you would be out of business.I do recomment learning his strategies to become self-sufficient, you’ll eventually earn more compared to just copying his every move.

If you’re only interested in copying, use instead.The link to his chat room access can be found from here. I found your review very helpful seeing that I’m a little anxious about starting in this path or day or swing trading. I noticed on the etoro link that it says no US traders allowed. So how exactly can I use that platform or other platforms that dont allow US traders??Also since I’m completely new to this.I figured I could spare $500-2000 and thinking about Starting with Tim’s Pennystocks Silver account but Have you tried it yourself?

Any success and if sohow soon did you gain results??? Paul,Great review. I have been on and off about Tim Sykes since I first stumbled upon him about a year ago. I listened to a podcast interview of him by Two Blokes Trading and I gotta say I dig how he is a no bull shit guy. My question is can this be done while still in a full time job? I have zero problems putting in the effort and time to learn his teachings. In fact I would actually be interested in Tims Challenge BUT I dont have the ability to sit in a chat room all day.

My goal is to have the ability to trade from home and not chained to a desk.hence my interest in actually learning and applying a proven system.Would love your inputCheersTom. Hi Paul, thanks for the review.I have been reading his stuff for the last week or so. Is it possible to go from zero knowledge (apart from last week of reading) to jump straight into the millionaire challenge? Does he guide you step by step in this instance?

I understand he wants to teach students to trade off their own knowledge rather than just follow his trades (which is great) – but will he teach/show/demonstrate EXACTLY what is necessary to get started?From my reading he is advising people to get educated, but reading about stock movements and learning about pump and dumps doesn’t tell you how to actually GET STARTED – This is where I don’t know how to move forward and am looking for advice. Am happy to start small, but how do I just GET STARTED, hence wondering if the millionaire challenge might be the best way? Hi Paul, I’ve read your review and all the comments. Now, I’m at the end of Timothy Sykes’ video called ‘Weekend Profits’ where he offers a weekend Caribbean Cruise to all subscribers.

As far as I’m concerned, I’d rather have just one free trade to see if could actually do something with it before I commit to it. That would make more sense to me. He said the first trade would make enough to pay the $3,000 (down from the original $5,000) fee. Why couldn’t he do that so I’d have money to pay it without taking the money out of my savings? Hey AC,I believe it’s not a problem that you’ve not traded before, it’s a good place to start. However there are two things that I would say.1) You need to have at least a couple grand to start trading with.2) Try to make a few trades with papermoney on e-trade. You should do this to get the hang of executing orders.

It’s not difficult, but it’s better to make mistakes when you don’t have real money on the line. You should know how to open and close positions and calculate position size before putting any real money on the line.Hope it helps you Guillermo! Hi Paul,Nancy is talking about his new “Weekend Profits” (in on Friday out on Monday), that he alerts you to so you can get it on it before the weekend. It’s NOT ‘Tim’s Trading Challenge” It has nothing to do with “Pennystocking Silver” plans It is it’s own planBy the way, loved your review. He is so showy and flashy that it feels phony and fake and forced Very huckster-ish And the phony infomercial with the “interviewer” was too much. I liked the Weekend Profits one, with just him talking to the camera, but he got all showy again. People with true wealth are quiet and understated, not flashy and phony.

And YetI find myself liking him and his ideas!But he offers zero money-back guarantee, and offers zero payment plans! People who stand by their product should be ok with refunds. Or payment plans! Hey, if this is as good as he says, then there is no risk to him to accept payments in installments! But he doesn’t offer that.

And who can hand him $2,995 if they don’t even know if they can open a $100 brokerage account or if they need $10,000-$20,000 just to get started using his info to start trading?! And if they don’t have enough money to open a brokerage account (which he never mentions or talks about!) then the non-refundable $2,995 is lost! Lots of red flags on thatAnd yet, I really like him and like his “in on Friday out on Monday “Weekend Profits” program, where he walks you through it, and alerts you 3 times per month with just ONE simple thing to invest in on a Friday and he will notify you on Monday when to sell it! He says he will only tell us to get into ONE thing, maybe 3 times a month. Not a zillion choices of many things and not daily! 3 times a month to strike on a Friday and sell 3 days later on the Monday afterIf he had a payment plan, I’d do it immediately!

But I don’t have $3000 to just hand him Maybe somedayThanks again for your review! Thank You Paul for your comment. And hope you will get there soon.I registered for his millionaire challenge, I did not pay anything yet, but I am getting at least one new email from him with a short videos and I do not understand what is his final product, some of them just say weekend profit and chart that has blue line and great profits. But he never talks about when to get out of trades and secondly how much he is investing to get that kind of profits. For example when he says you could have made 6000 USD this weekend, he does not say now much he invested.so which system are you using from Tim? And can you please explain how does it work.if try the system here is what I want to know honestly.1.

How many oppurtunities / trades the week end system shows?2. How do I decide which one to go with?3. How do I know when to get out?4 what is accuracy in this system? If I have 1000 USD to trades, how much should I invest in each trades so that I do not blow up my account in 2-3 weeks because I picked up wrong trades.Guys like Tim has to understand, people looking for such systems are not rich guys and I would say people who look for systems are either who have lost money in other systems or who needs additional funds to support family or some kind of unaccepted expenses in life.

So loosing even small amount matters.can you image millionaire like Tim does not want to refund 5000 fee if customer is not satisfied, how greedy is this person?Only reason I am writing this is may be you can share these comments with him, so he knows what other thinks.Again thank you. Paul, I appreciate your no frills review on Paul Sykes.

I am really considering the silver option of the program, I have zero experience in trading, but have interest in getting started. I did consider the Tim Alerts but it seems the silver package has more value with training and videos. This is something I really want to put effort in learning.

I plan to have a starting stake of 1500-2000. I feel that I could get started right away with the alerts and just copy, but as you mentioned that learning the methods are invaluable. Would you recommend going through the training and videos before even trying some of the alerts?

Very excited to start this venture with otc stocks. I’m currently at a 9-5 job, well its night shift hours and they suck but it pays the bills and I would love to generate some real other income and hopefully cut down to a part time job or work less eventually. Thank you sir. Hey Matthew,I would do some paper trading at first to get the hang of it, even with his alerts.Once you are accustomed to entering and exiting trades with correct position sizing, you will make a lot less mistakes with real money, where emotions kick in.TDameritrade has a good platform for paper trading. You can also use Suretrader for that. Also be mindful that most paper trading accounts have delayed market quotes (lagging behind 15 minutes).So learn order entry and position sizing and only then put your hard earned money on the line.Also the more you learn, the better you’ll become and the less you would lose.

The hours invested into learning will definitely pay off in terms of trading profits.Sorry for the fuzzy explanation, but I hope it helps. Paul, Like a lot of comments I see on here I work full time from 6:00 am to about 4:00 pm and then have a full evening with 3 kids that have activities. Do you know if you need to be in the chat room all day or are the alerts sent to your email. Also,would I sign up for one of the packages and then use a paper money platform to test out the buying and selling portion. I have no experience with trading and sometimes have limited time and funds to work with. What do you think my best approach would be and how much time would I need available to do it and make some money.

Thanks for the review as it was a very interesting read. Here is an update on Tim Sykes latest Weekend Profits program. I just signed up with an option to sign up for only three months at a cost of $850 with auto-renew. But you may cancel at any time before the auto-renewal. This adds up to $3400 a year compared to $2995 for an annual membership but annual has no refunds either except this guarantee, “I guarantee that our model portfolio will give you the chance to pocket at least 20 winners of 50% or more over the next year.If we don’t just give us a call and we’ll give you an extra year completely FREE.” Yea, big deal! BTW, after watching Tim Sykes video promotion and go to the sign-up page, move your mouse towards the upper right of the page and you will get the popup that offers you the 3-month subscription.

Be forewarned after you sign up that you will be hit with a few lifetime options and other of his programs before completing the purchase. Just opt out at each link to move to completion of your order.Anyway, I try to update here on my three months results. My first weekend with Tin Sykes Weekend Profits program was a loss of about 10%.

He did promptly inform members to sell on Monday when his recommendation was not moving positive. He does post all of his past closed positions in his portfolio on the website. His first recommendation started on 6/27/18.

If you add up his positive and negative gains, there would be a positive result of 36%. Not bad for such brief time for each transaction. Here are the individual results starting on 6/27, 10%, 13%, 37%, 16%, -9%, 0%, -17%, -4%, & -10%. Typically, you would buy on Friday and exit on Monday, although two buys exited on Friday. This is my first time looking into something like this My question is Tim ask you to pay to be VIP then now charging monthly for the chats and then then video.

I want to know because I’m very interested how does someone get into this when they live check to check. I’m not looking to be a millionaire I’d be happy with and extra $1000 a month.

Also stock lingo can be overwhelming at times.Are things simplified or dumbied down for the avg. Tim Sykes Trading for Dummies. Thank you for your time.

Hi Paul,Thanks for the review. I have zero knowledge when it comes to trading and am 100% green with any experience. I am a single mother working 60 hours a week and am a psychology student. My time and money are tight but am willing to make sacrifices if the Challenge is worth it. I recently came across the option to buy his education at $197. Since I do not have money laying around to invest, I am skeptical for the ROI, as I would risk a lot investing at the moment.

What is your advice for someone like me looking to make money trading? Should I wait until I am in a better financial situation and have graduated to free up more time? It would be awesome if I could quite my day job and trade while going to school. Your thoughts? Hi!Just reading some comments and replies. I have been watching several of Tim’s videos and webinars. I wanted to point out that in several of the videos he ALWAYS says NEVER trade off his alerts.

He tells you that alerts are for you to study and learn from. They are not guaranteed good trades. You have to watch for movement before reacting. He had also stated in several recent videos that he DOES NOT recommend Suretraders or ANY off shore brokers; Suretraders looks to be in the Bahamas.

They have caused some issues with some of his trades so he verbally expresses for people not to use them. E-Trade and Interactive Brokers are who he recommends and for those who need no account minimum then TD Ameritrade is a decent one recommended. Just wanted to pass that along. Always have to do your own research!

Paul,Thank you for this very informative site, and for sharing your insights with such candor. It’s very helpful. Like you, I have an experience-based trust issue with online sellers of educational schemes and it’s difficult to weed through what is actually worth investing in. I’m also considering the weekend profits as a jump-off program that requires less of my time to test the waters, but it’s good to know about the other programs for learning the strategies — important for sure if one is planning to do this seriously for any length of time. The comments by your other readers are also helpful. I am an early retiree and have some cash I’m looking to grow, and the banks certainly won’t do the trick at the measly interest rates offered.

Investing long-term is great for the long term, but not so good for cash flow. It sounds like this would be worth investigating further. I did one penny trade a few years ago based on a recommendation from a financial newsletter. It was a test to see if there was any “salt” to the idea. From that experience, I know it can be profitable — invested $500 and made $4500 in a small amount of time (I didn’t want to be greedy and lose what I’d gained, but if I’d waited a few weeks more, that would’ve more than doubled!). Not bad for the first time out.

I tried a few others but they were stagnant, lost slightly, or had relatively insignificant gains. The lesson learned was that the chances of success are only as good as the information you have going in. Sounds like Tim Sykes may be a good person to learn from in that regard. As one other commenter posted, it woukd be even better if his videos, such as the weekend profits, left out the fluff and got down to business. I probably would’ve jumped on this long ago were it not for the selling approach. The fluff is annoying (I don’t really care about the various marketers’ high-living braggy videos either.

Happy for them, but a waste of my precious time! Get down to business!). Thanks again for the valuable insights! This comment is coming in really late in the year and I hope you see it. I ran across Syke’s video while I was watching YouTube and was immediately skeptical.

I’m glad I decided to really look him up before spending any real money. Your review convinced me to take the leap.I want to start trading and learning from Sykes but the problem is I’m currently living mostly paycheck to paycheck. What do you think is the best option for someone in my position as I’m uncertain if I’ll be able to afford my monthly expenses and the silver chatroom. I’m also not naive and know making some good income from trading will take time, so I wanna be in it for the long haul. Hi B,You’re in a similar situation with a lot of people.What I would do in your situation given that you’re passionate about this is to raise money to fund your trading account. Try to save at least a couple hundred each month.

While you do so, I’d join a trading chat room and start to practice trading with paper money. This way you won’t lose your own money while learning. And you get to experiment for free.Most people put $2,000-$10,000 in and start to experiment with that.Once you’re profitable with a demo account, you’ve probably also saved up some money.if the $150 is too much of a stretch, go for the $75/month option. You’ll get trading ideas and recommendations + advice from other traders in the chat room.Good luck B! Hi Jorge,If you were to choose stock trading and you know nothing about it, I’d go for the pennystocking and complement it with Sykes’ DVD called “how to make millions”. The first one is $150/month, the DVD is $300-ish.

And in the first 3 months, trade with a demo account. This one recommendation will save you thousands! Trust me on this one.Or if you don’t want to spend the 300 on the DVD, you can check out this beginner’s video series:. It’s not as advanced as the DVD, but it’s a really good resource for beginners.Good luck Jorge, which ever path you choose! Koger, first I really appreciate you for your info. And I know who Tim is just yesterday, and till that moment till now I realm like everything about him and that he is a real hustler.

So stock trading is for the first time for me, and what would you recommend me to do first? And actually I don’t have that much money to afford for the training and that am from horn of Africa, so what can you help me to do first to follow on truck to Tim Sykes.Thanks in advance and sorry my English is not good I hope you understand. Thanks so much, everyone, for all your comments. Very helpful – and somewhat reassuring, though my main interest was in Weekend Trader.

I just bought the $850 version of Weekend Trader which included a series of training videos and some other materials. I’ll be starting on all that later today.

The company I bought through (Agora) tried the upsell and their pitch included “We wouldn’t be able to give you the special pricing for the year if you wait until your 3-month trial ends because you’d have ‘used up all your credits’!!” That had no meaning whatsoever; in fact, it was absurd. I’ll be able to afford $3400/year if I make what they promise, so that extra $400 shouldn’t be a problem, right? $850 is still a lot to lose.

I’m 76 and just want to make a little extra cash flow and have no experience, so this “hold my hand” approach by Weekend Trader seemed like it might be a good fit. And I SO agree with the complaints about the huckster approach! Yes, you have to give success examples, but why do they think we’re fooled by the few big successes? That approach used to work when people were more naive.

Now we just have to wait impatiently through all their hype and try to weed out the basic facts for ourselves to see if it’s something we want to do (because it’s never as simple or quick as they portray). Even at my age, it was a huge waste of my time. Let’s hope the program isn’t a waste of both time AND money!! But thanks again for all your input. I’m somewhat reassured that it might work!

I started in the Weekend Profits program in December this past year and haven’t had a single profitable trade yet, 2 losses 1 break-even. When I looked at the Portfolio tab this morning to see what closed since June of 2018 to current it definitely shows more losses than gains with the total losses being -43%. Assuming I would have bought 500 shares of each transaction I would have lost $1,670 since June.Granted I’m a novice at Tim’s system/service but this is not what I expected to see for a 6 month run of trades and likely I should have looked at this sooner.Can anyone make me feel better about the investment I made in his Weekend Profits program? It seems odd that “Phil” postings about Tim’s Weekend results never was followed up on. If you do a straight average of the 9 trades that Phil described starting 6/27/2018, the overall result is a loss of about 7%, not the 36% gains that Phil described.

It would be impossible to have an “average” of 36% when only 1 trade made more 13%, and that was 37%. If you reinvested all profits on these trades, your average return would be about a total of 28%.

However, as John Gabrys saw, the first 3 trades were 2 losses, 1 breakeven. If Tim’s results had started with the series of losses shown, and then had the winning trades at the end, with reinvesting, there would have been an overall loss.The other thing to look at is that say, an “average” trade can profit 10%.

For someone to make the kind of money Tim pitches on his video, $6K a weekend, $9K, etc., one would have to be putting $60,000 to $100,000 of their money into each trade. Sure, 10% per weekend is a fabulous return, and if it was possible, every hedge fund manager in the world would subscribe to Tim’s service. And that right there should tell you, if it’s too good to be true.As John as found, buying on news can often result in losses since the smart money on the Street has already factored in the news into the price. While Tim goes on about how there’s pent up demand over the weekend based on this wonderful news, keep in mind that when trading stocks over a weekend, while you’re upside is unlimited, your downside is also pretty much unlimited. You have no stop loss capability. Let’s say some news is expected out of a company over the weekend, and you take a position.

Turns out the “news” is bad, and the stock drops by half. You’ll have no protection against taking a 50% loss on Monday morning, since you can’t trade the stock (and actually many stocks trade starting Sunday night, and there’s often a 3AM trade available on Monday morning). Think Enron, GE and many other companies where people were trapped in their shares by bad news.It’s a nice fantasy, but seems like that’s all the Weekend Profits is. Hi Paul,Thank you for your effort in putting this review together. However, I must say that I am pretty sceptical about your review and the reason being that you are an “affiliate”. You make commissions from referring products and systems and even though there is nothing wrong with that (after all everyone needs to make money). It arises the question whether it is actually an honest review or this is just another product or system that you are trying to upsell.

Also, If someone knows the secret formula to making money why on earth will they share it to everyone? They can just make all the money themselves!Another point I would like to add is that his chat room seems similar to a “pump and dump” scheme. He tells you which stocks to buy, therefore all his students buy it and drive its price up. Hi Joe,Thank you for taking the time to write.Very valid points.First off, yes I am an affiliate for Tim Sykes and a few other services. However, I only recommend the products that I personally use and consider to be valuable. I’ve reviewed over 80 different trading related products and I only recommend the ones that are really good in my personal opinion.

I would never vouch for services that are out there to scam you.To answer your second point – in most cases, Tim’s followers don’t affect the stock price more than the general market does. Meaning that the stocks are liquid and there is enough action to counter his followers trades.

However there is power in many people buying all at once and it can affect the prices. In order to make more money, you should learn his strategies instead of blindly following his alerts. That’s why I mainly recommend the pennystocking silver chat room.He spends so much of his time promoting, doing webinars and other stuff that isn’t related to trading.

If you learn his strategies, you’ll be able to find more plays and make more money than him eventually, cause you’ll have more time to spend on actual day trading.Hope it helps and thanks again for the smart questions!Paul. The Tim Challenge is part scam part reasonable.You’re paying for loads of content and the strategies actually work.HOWEVER, you only get a year in the challenge before you have to renew.Tim in his video lessons repeatedly says, “it wont be a year before your successful, it will be 3,4 or 5.”Tim knows this, so it forces you to renew your subscription in order to become successful.The benefits are endless, but also it’s going to take closer to $10k -15k for you to reach a stage where you profit.