Penny stocking trading-timothy sykes

Penny stocking trading by timothysykes

The first course from 8 courses.

By // timothysykes.com

About Timothy Sykes :
I became self-made millionaire by the age of 21, trading thousands of penny stocks – yep you read that right. penny stocks. You may have heard the story: I turned $12,415 into a cool $1.65 Million over a couple years (I.ve made millions more since then). I was featured on a popular reality TV show called Wall Street Warriors.

I had a slightly different college experience: skipping classes in favor of trading penny stocks every day, I turned $12,415 in Bar Mitzvah gift money into $2 million and started a hedge fund during my senior year. I also created a scholarship for talented/passionate people open not only to current Tulane students, but also Tulane faculty and alumni…an economic bailout ahead of its time.

My hedge fund went on to become the #1 ranked short bias fund by Barclay for 3 years and I was named to Trader Monthly’s ‘Top 30 Under 30′ in 2006, but my trading strategy was never very scalable (meaning it’s much easier for me to make $100,000 than it is $100 million) and my fund lost 35% when I tried long-term investing instead of trading.

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