Timothy Sykes Review – Legit or a Scam Artist?


Today I’m going to bring to you my fresh from the oven Tim Sykes review- the biggest Day Trading education provider/salesman under the Sun.

tim sykes with a lamborghini
Picture source: Inc.com

The main aim of my Timothy Sykes review is to actually find out if he is worth your time and hard earned money. Will his teachings help you become a profitable trader or should you run the other way.

I do my very best to save you time and money with this (hopefully) entertaining review.

ReviewTim Sykes

Use: Day trading chat room, alerts and  education service provider.




4 star rating
5-star rating
5-star rating

The trading strategies Tim teaches are effective and can make you money. He has 4 students that have become millionaires and all of them teach in Tim’s chat room and training programs. His most successful student has made over $7,000,000 in profits. 

The basic service – Tim’s Alerts is the cheapest option on the market. However, I do recommend the Silver package, as you’ll also get the video lessons. The video lessons are the key to learning the strategies.

The chat room and the video lessons are geared towards beginners. However, if you already know your way around the markets, you’ll be OK too. Tim has put out over 5000 videos to learn from. 

What I Like

  • Very beginner friendly
  • Trading strategies that work
  • Easy to understand video lessons
  • Other pro traders in the chatrooms
  • Ability to ask questions
  • Quality stock picks & trade ideas

What I Don't Like

  • Tim's super salesy marketing style
  • Chatroom software could be better
  • Not the best option for advanced traders

Summary: Overall I think that Tim Sykes is the best option if you’re looking for proper day trading education or just good stock picks. I’ve tried out and reviewed a number of competing services, but none of them match what Tim is offering. Seriously. 

Table of contents:

  1. Who is Timothy Sykes?
  2. Are his Claims of Success Really True?
  3. Sykes’ Rich Students
  4. The Education Options He Offers
  5. Is He Worth Your Time and Money?
  6. Feedback from Others
  7. Conclusions

Ok, lets start off with a formal introduction of the rich jew:
(or click here 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..tim in front of a trading screen

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 10s of millions of dollars every year.

Yes, that’s right. He makes north of 10 million a year from selling his educational products on trading, over 10 times more than he makes with trading itself. This was a huge red flag for me when I discovered the fact.

picture of tim sykes at steve harvey show

Although if I come to think of it, he was making about a million per year on average with trading penny stocks while having to take significant risks, the education gig has a much higher potential with little to no risk.

There is nothing wrong with focusing on selling education as long as there is real value in the education that he provides, which is something that I’ll get into in a bit.

#2 Are his claims of success really true?

There are so many snake oil salesman selling stuff online, that an average internet user such as myself has become super skeptical of anyone making claims.

However in Tim’s case, I do not believe that he would have been in the reality show if he didn´t have some sort of success. So he must of have done something right.

One very convincing proof of his actual success is the fact that Tim ranked as top trader on Covestor.com for 4 consecutive years. That is something that I don’t think is fakeable.

Sykes on Covestor

Now Covestor was a site, where your trades were automatically transfered to the website stripping you from the option to fake your results.

This means that his Interactive Brokers account’s results were directly uploaded to the website and anyone who wanted was able to copy his trades for a management fee, which was payed to Tim.

Covestor has now been acquired by Interactive Brokers. But the same concept is still alive via various social trading sites such as eToro.

#3 – Sykes’ Rich Students

Throughout the years, Tim has managed make a few millionaire traders through his educational courses.

He has actually trained people to the level where they have become millionaire traders with Tim’s education.

There is currently no other trader providing education publicly, that have their students reach this level of success. Below you can see him with his #1 student Tim Grittani on Fox News

tims on fox news

Below I’ll list the most successful students of Tim ranked by how much money they’ve made from trading:

#1 Tim Grittani, up $5,000,000+

sykes' nr1 student

The same guy from the above picture. As soon as he reached above 1million, they appeared in a number of news articles and tv programs.

Grittani has made over 5M$ since joining Tim Sykes’ chat rooms and learning his methods.

He has said that he owes his success to the teachings of Sykes, however Grittani has now managed to develop his own methods and trades based on his personal strategy.

profit chart of tim grittani

Grittani has also published a Tim Grittani DVD  back in 2017, where he covers his main trading methods and strategies.

Tim is also an active member in his former teacher’s day trading chat room. I’ve almost always received an answer when I’ve asked something from Grittani.

#2 Michael Goode, up $2,000,000+

picture of michael goode with a rooster

Michael Goode is a cool, down to earth guy. He used to be a Tim Sykes’ #1 hater and decided to do a case study and prove that Sykes is a snake-oil salesman.

How did it go? You can read about the full story from this article. Long story short – he ended up making money with Sykes’ teachings and turned from a hater to a supporter.

He now teaches in Sykes trading challenge and is also an active contributor to the trading chat rooms.

michaels trading results

#3 Steven Dux, up $1,400,000+

picture of steven dux in a youtube video interview

Dux is a relatively new trader. He started in 2016 and flew past the million dollar mark in the beginning of 2017.

That is super fast. He claims to ow his success to extensive studying of Tim Sykes’ methods.

Dux is originally from China and started trading during studying in an American university. He is rather active in Sykes’ chat rooms and he has recently launched his own DVD providing day trading education.

You can find it from his blog. It’s got some good reviews, although I haven’t personally bought it yet. I’m planning to and once I do, I will give out a full review. profitly chart of steven dux


#4 Marc Croock, up $900,000+

picture of marc croock

Marc is another one of Tim’s students that has managed to become successful.

He is yet to pass the million dollar mark, but given his steady results, he’ll end up there sooner or later.

Just like Grittani and Goode, he is also a moderator in Tim Sykes’ Sykes and an educator, publishing numerous videos with Tim Sykes on their trading strategies and specific trades that they made.

NBB! The videos are really valuable, but you would need to get the more expensive subscription in order to access them. 

profitly chart of m croock

#4 – The Education Options He Provides

Sykes offers a tonne of material of him teaching his methods. He has tens of DVDs, trading videos, webinars and live day trading chat rooms.

The DVDs

profitly store dvds

If I were to choose a DVD, I’d start off with “How to Make Millions“. It’s rather cheap and all the money that he makes from this particular dvd goes to charity.

Day Trading Chat Rooms

picture of different chat room options

The 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 – Tim Alerts, does just that. What you get to see are the stock picks and the relevant discussion that goes around it.

screenshot of tim alerts

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 – Penny Stocking Silver, 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.

a man fishing cartoon

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 Sykes .

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?

picture of tim sykes

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 Others

Tim 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.. people tend to want to try the strategies out by themselves.

Also, as Tim has one of the cheapest trading material out there compared to other guys pushing trading education, people are more prone to pick it up.

Feedback from Twitter:

Here are some tweets from the last 2 days:

sykes twitter tweet

twitter tweet nr 8

twitter tweet nr 7

tweet nr 2

tweet numoro 5

tweet nr 4

tweet nr 3

I have to warn you that I didn’t find negative reviews from Twitter, I’m sure there are plenty, though. 

Feedback from you guys:

other peoples opinions

I would really appreciate if you could drop me a comment below, in case you have any experience with Timotheius Sykes.

Also if there is something else that you think I should cover on this review, please let me know.


All in all, I like his trading style, I think it’s super interesting and helps you develop an edge over other market participants that you can utilise for your own financial gain.

He is one of the few trading educators/mentors that I dare to recommend..

Once again: if you’re interested in learning his strategies, I believe the best option would be to join his Pennystocking Silver chat room.

Good luck in your trading ventures, guys!

PS! Do you have personal experience with Sykes? Let us know how it went in the comments below. 

PPS! If you’re interested in annual subscriptions, there is currently a significant discount being offered – check this for more info. 

Review Summary
Review Date
Reviewed Item
Timothy Sykes
Author Rating


  1. The way he makes money is clever. I mean, it makes sense that you make the most out of stocks that move the most. He plays low priced stocks, be it pennies or others. Those can move 10-20% per day, unlike Apple and the likes, which never move more than a few per cent daily.

    I’m short on time to follow his alerts, but I am a member of the silver chat room and I would vouch for it. Also tried Warrior trading, which was complete rubbish imo.


    • Hey Rob,

      Yea, you’re right. Low priced stocks move the most so it makes a lot of sense to focus on those.

      Thank you for your thoughts!

    • Hey, unfortunately there are no active campaigns for promo codes available at the moment.
      There have been promotions during Xmas, but that’s a long wait 🙂

    • I think you could begin with as little as $500 however the more you start with, the better your chances of success.
      If I were you, I’d start with a minimum of $2000 to increase my chances of success. Also if you don’t have the capital right now, you can always start with a demo account just to get the hang of it.

    • Hi Lauren,

      If I were you, I’d go for Sykes’ silver subscription option. The only way to actually learn how to trade on your own in addition to just receiving the alerts.

      The trading challenge is not worth it for you, should have at least $10K to start with for that option.

      Good luck!

  2. I noticed that most of the students were quite young. Would you recommend this system to a retired
    senior looking to enhance their very low income?

    • 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!

  3. Would you recommend Tim to a more advanced level trader?
    I have been broker/trader myself, but am constantly on the lookout for new strategies and angles to tackle the market with.

    • Hi Killy,

      Yes I would. However if you’re more advanced, you probably have more money to trade with.
      Provided that the above applies to you, I would recommend checking out Investors Underground. They have more picks and are even more active.

      Good luck, Killy!

  4. Hi Paul,
    What platform can u reccomend to start trading? Or what platform does Tim use? It would be good to choose demo account. Thanks

    • Hi Camile,

      Tim himself uses Centerpoint Securities. But he does recommend Suretrader for newer traders.
      Centerpoint requires $25,000 to open an account, whereas Suretrader’s min requirement is $500.

  5. Hello, I’m just curious if this is a paid review. Like are you being paid to push the mid level silver package? This all just seems to good to be true. I’d like to give it a shot as I have some cash I was trying to get working for me, I just don’t want to get ripped off.

    • Smart question, but the answer is no.
      I’ve expressed my honest opinion. If the review would be paid, it would have to be stated as such.
      It isn’t too good to be true, as you have to work hard in order to achieve success, just like in any other business. Sykes is just the most effective option to start out on a path that has the best odds of success in my opinion.

  6. Paul, Thanks very much for the review. I tried some day trading and aggressive investing about 20 years ago, and eventually lost well over $50k. I realized that I was not prepared to swim with the sharks. Since then I have bought only solid, blue chip dividend-paying stocks and I’ve done OK. But I do miss the thrill of trading. I’ve set aside some speculative funds and might give Sykes stuff a whirl. Your review here is a huge help.
    Regards, Dave F.

    • Hi Dave,

      Thank you for the kind words and sorry for your losses.
      I hope you find a way to figure this out, this time around.

      Good luck!

      • Hi Richard,

        Yes, It’s a great book and I know what you mean. All that aside, if you get to a level where you start to consitently see green days, it is thrilling.
        The point in Douglas’ book is not to let that affect your decision making.

  7. Hello.
    If I just go for the cheaper option, I get the pics and just mimic them. No learning needed. No time I have to invest. Why study if someone else like Tim had already done it and is giving me the pics. Am I missing something?
    Great review it’s really hard to find someone giving an honest opinion. I have to tell you I really appreciate it.

    • Hi Frank,

      Good question. You can just mimic his trades in order to just try and make money day trading.
      I was talking about learning how to day trade yourself and become self-sufficient.
      I think you’ll see more success (and money) this way.

      But yes, you can just follow his alerts and trade based on them.

  8. (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! Right?! 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!!. Thank you!!!

    • 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 eToro instead.
      The link to his chat room access can be found from here: https://foxytrades.com/go/sykes/

  9. 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 input



    • Hey Tom,

      Yea, it’s possible. Most people are in a similar position as you are.
      It all depends on how bad you want it, just as it is with anything else in life 🙂

      I do recommend taking the leap and putting in as much effort as you possibly can, otherwise you’ll never really know.

      Good luck, Tom!

  10. 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 Seamus,

      I think that the challenge is a great way to start, but it is expensive.
      If you have the money to spend, it will fasttrack your learning curve, but if not, just start from Penny Stock Silver.
      One of Tim’s most recent successful studens, Roland Wolf, started from the Silver chat room subscription and once he had made some money, he reinvested it into the Challenge.
      They discuss Roland’s story here: https://www.youtube.com/watch?v=KnhbW8unQfI

  11. Hey Paul,
    Thanks for the info. You mentioned a Demo account above and I can’t seem to find it. What does that entail? Trade and learn w fake money?


    • Hi Jpersi,

      There are a number of options, but usually I would recommend to go for your broker of choice. Most brokers offer paper trading or demo accounts. This means that you are able to learn without losing real money. The flipside to that is that you might get bored easily trading paper money. If that is the case with you, use real money instead, but use super small sums. Don’t be afraid to burn through commissions. It’s way cheaper than testing and learning with real money.

      Hope it helps,

  12. Thanks Paul

    I have been watching videos all day so learning bit by bit, that one with Roland was very informative. Appreciate your advice and looking forward to getting my feet wet and learning to make some $$ once I have learnt a bit more.

  13. I’m am very new to this. When I went to Suretrader and started to read about their fees I had a question right away. What does “fees are as low as a penny per share ($4.95 minimum) and $0.50 per option contract.” mean?

    • Hey Lou,

      They have structured pricing. Penny per share means that if you trade 100 shares, you pay one penny per share. I don’t use that option, I have a strict $4.95 per trade pricing.
      So if I open a trade for 1000 shares, I pay 4.95 when I open it and 4.95 when I close the trade.

  14. 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 Nancy,

      He has his ways of doing marketing. I have no clue why.
      But, you are talking about the Tim’s Trading Challenge, which costs 5K-ish. You don’t have to jump into that straight away, choose Pennystocking Silver instead. You get a huge list of video lessons and his stock picks/trade ideas.

      Hope it helps, Nancy

      Good luck!

  15. Hi paul, just a question…i have set aside a money enough to purchase tim sykes weekend trading startegy. However , will this be worth to buy I just open an account on e-trade and completely I have no idea what to do…no knowledge in trading not a single experience.

    • 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 thanks for the input…just open an account with e-trade however, I don’t know what and where to look for that penny stock so I can try the papermoney you had mention.
        I heard that there is a tinkerswim that you can download tru other brokerage but not woth etrade…any suggestion? Thanks a lot

  16. 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 plan…
    By 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 Yet…I 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 that…
    And 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 after…
    If he had a payment plan, I’d do it immediately! But I don’t have $3000 to just hand him… Maybe someday…
    Thanks again for your review!

  17. Good Discussion,

    Hi Paul – Do you know anyone who is using Tim’s weekend Trades ? Do you mind if I ask are you also Millionaire following Tims Systems ?
    I wish he should consider some profit sharing instead of large fee like 5K for service.
    Not sure what happens to people when they make money, suddenly they behave like Gods 🙂

    • Hey SP, no I’m not a millionaire yet, although I am a profitable trader.
      I’ve heard the weekend profits subs have received some profitable alerts already, but I haven’t yet used it myself. I will test it out myself ASAP.

    • Hey John,

      I do not provide any services myself. You probably signed up for Tim Sykes’ chat room. In order to get the alerts you have to log in to the chat room.
      You were likely sent an e-mail with instruction on how to log in.
      Let me know if you have any issues, perhaps I can help.

  18. 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.

  19. 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.

  20. Hi All
    If anyone gives a shot to Tims weekend trades please share some details. if it is worth, we will work out something.


  21. 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.

  22. 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. No refund. 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.

    • Hi Phil, do you have any 1 week result since joining weekend profit ? I am considering to join this program too. Thanks

  23. Is there anyone using “Weekend Profits” and are you making money following Tim’s trades? If you can prove profitablity I am ready to join Tim’s program.

  24. Hey guys, do you think that these methods could be applied to other stock markets? I’m from Brazil, starting this trading life, heard a lot of good stuff from Tim Sykes, but I’m worried if his method is reliable to other markets.

  25. Is there any downside to using my Roth TD Ameritrade account to place the stock buy and sell transactions that are recommended by the Alerts? Thank you.

  26. Hi Paul,
    Great review. Im from the UK but spend a lot of my time in India and most of the students i have seen tim involved with seem to be from the US. In your opinion would it put me at a disadvantage not living in the US whilst using his material?



    • Hi Cameron,

      He has tons of people who are not from the US, it doesn’t really matter.
      The thing that really matters is if you are able to trade during market ours 9.30 am to 4pm Eastern time.
      If you can do that, it doesn’t matter where you are located at.

  27. Thanks Phil for your update on Weekend Trader. Good that we can test the waters for less. Does anybody have any results…proof that this is a legit program?

  28. Hi. I just recently came across Tim Sykes’ penny stocking training. With the Tim alerts vs the Pennystocking silver, does that mean I have to join the chatroom and be in front of the computer the whole day for it work for me? I’m working full time and on the road a lot. I want to learn penny stocking but I don’t know if it will work out with my work schedule.

    • Hi Emily,

      This can be an issue. The chat room does require you to have at least a couple of hours of screen time during trading hours.
      If this is a serious issue, then there is another guy that offers the same thing for people with full time jobs – his name is Paul Scolardi and his service is called Super trades. It’s specially catered for people with full time jobs.
      I seriously recommend to check him out.

      • Hi, Paul. Thanks for the response. What would you say is the main difference between the strategies of Tim Sykes and Paul Scolardi? And do you have a recommendation as to what plan to start with if I sign up with Paul Scolardi? I was looking at Tim’s And Paul’s plan and Tim’s Alert plan seems similar to Superman’s Alerts but the former is $75/month while the latter is $147/month. Any feedback as to their similarities/differences?
        https://profit.ly/guru/timothysykes VS https://profit.ly/guru/superman?aff=1611

        • Hi Emily,

          They main difference was that Paul was mainly doing longer term plays, whereas Tim is doing faster trades.
          Unfortunately Paul is not so active anymore, while Tim is more active than ever before. If I were you, I’d go with Tim.

          Hope it helps,
          Paul 🙂

  29. I recently left penny stocking silver for investors underground. I like Tim’s DVDs but his online videos are so freaking disorganized and filled with fluff. Just too chaotic for me. I do trust that he knows what he is doing though. I just need a more structured environment.

  30. Hi guys,

    What up ? no one is ready to share information. what happened ? is it working so good or not good at all ?
    appreciate if some one can share some information.

  31. Hi its amit from nz how much do i need to start with .i m seriously interested in this .which one would you recommend to start with. Does it really successful that you could make that much money thanks

    • Hi Amit,

      I’d say you need at least $2,000 to start with.
      Otherwise it’s really hard to battle the trading costs.
      Making a lot of money is hard, but doable in this business. Just like in every other business venture 🙂
      If you stick to it and learn the methods, you’ll have good odds of success.

  32. 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. person…aka. Tim Sykes Trading for Dummies.. Thank you for your time

    • Hi Shane,

      Then the Millionaire Challenge is not for you and that’s OK. Most people don’t enter it. Instead, join the chat room to receive alerts and try to learn the underlying strategy. If I were you, I’d start off from the Making Millions DVD, it’s the cheapest option and goes over every aspect of his strategy.

      Good luck, Shane! 🙂

  33. Very interesting article however, any comment form the guys that left a reply earlier this year (like in February or March)? What about their experiences?

  34. 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 Joanna,

      Trading is a risky endeavour with potentially great rewards. However you should not get involved unless you have money that you can afford to lose. I would raise some more money if I were you and see from there.

  35. 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!

    • Thank you Crystal this is the best information I’ve read thus far. I have an ETrade account do you have any information about how to incorporate Tim’s platform with E-Trade? It’s an IRA account.

      • Hi,

        E-trade works just fine with Tim’s platform. You can import all your trades to profit.ly. Tim’s platform does not incorporate with any broker, it’s a separate platform that you can use regardless of your brokerage account.

  36. Hi Team,
    I am really interested and a do a bit of stock trading in Australia. What platforms I can use from Australia. Is this alerts are only for US Stocks? or other like Australian stocks as well. Mainly need to know about the trading platform to use.


  37. I would love to get into this, but I just don’t have that kind of funds that he is asking for.
    Is there anything a lot less to get started with then work my way up?

  38. Thanks Paul, great review. My daughter just turn 18 yrs old. She have 9k saving on the side from working par-time while she in High School. That her hard earn money. We come cross Tim, from Steven show and my daughter very interesting in. We have paid $197 for the first time already but now they ask for $5620. I like to ask you for your opinion to see what you think? Is it wroth for my daughter to give it a try since she is too young?

    • I would not pay that much if you’re just starting out. The odds of success do not justify this sort of investment with a 9K account.
      Just join the chat room with video lessons and learn from there. The 5-6K deal will be more clear-cut, but you can get majority of the information from the videos that come with the Silver subscription option.

      Gooc luck, Ma!

  39. Hi Paul, great review.
    I am foreign, could you give me some advice on how to invest from overseas and what plataform can I use to trade.
    I also want to try Tim’s material, wich one do you recomend in my situation.

    • Hi Oliver,

      Being from abroad doesn’t affect you much. You can still open up a trading account with most brokers. These days I’d recommend E-trade or Interactive Brokers.
      Also in regards to Tim’s services, I always recommend the pennystocking silver chat room. Best value for money in my opinion.

      Good luck 🙂

    • Hi Brigi,

      No, you can’t use MT. MT is meant for forex mainly. Use E-trade, TD Ameritrade or Interactive Brokers.
      They all have different min deposits, so make sure you pick one that suits you.

      Hope it helps 🙂

      • Hi Paul,

        Thank you for your prompt reply.
        I am based in the UK.

        I opened a paper account with Interactive brokers however I don’t find their platform very user friendly at all. Or maybe I am just too set in my ways with MT4 :).
        I think E trade and TD Armeritrade for the US only. I might be wrong….

        Do you know which broker could I use from here (UK)or have an easy to understand platform?

        Thanks again.

  40. 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!

  41. Hi Paul.
    I’m Tim’s fan resident in Nigeria. I appreciate your review so much and I love the Penny Stock Sliver strategy.
    I just finished watching Tim’s Podcast on weekend profit making strategy which I would want to subscribe to. But my challenge is can I invest in this deal as a non US resident?
    Your candid advice please.

    • Hi Goddy,

      As long as you’re able to open up a trading account and trade in US equities, you are also able to use Tim’s education/advice.

  42. Hi Paul,

    I have zero knowledge on trading. I came across one of Tim’s student and it was really interesting. Like many others, it could be overwhelming all the ads and marketing. In your opinion, what is the most basic way to start learning the vocabulary and concept of trading? Do you recommend that I start by opening an account somewhere? Or which of Tim’s packages are meant for beginners? I thank you for all your great responses!

    • Hi Ana,

      I’d recommend that you start off from Beginner’s video lessons. These are done by a good friend of Tim’s – Nathan Michaud.
      In regards to the packages. The Pennystocking Silver package is the best option as it comes with video lessons on how to get started, which strategies to use, brokers, etc.


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