Timothy Sykes is a well known penny inventory dealer who grew to become well-known after turning an preliminary funding of $12,415 into $7,310,865 throughout his time in school. He’s at the moment listed as a buying and selling Guru on Revenue.ly
A Little bit of Background
Though Tim Sykes is maybe greatest recognized for his profitable high-risk penny inventory buying and selling, he has many different accolades and achievements underneath his belt.
Earlier than turning into a worthwhile dealer who focuses totally on penny shares, Sykes was a younger, middle-class boy rising up in Connecticut. Though Tim had at all times been enamored by the concept of buying and selling shares, this wasn’t at all times his first profession alternative.
In truth, Tim didn’t decide to a lifetime of buying and selling till an damage put his then-successful tennis profession on the again burner. After the damage, Tim made the choice to get critical about buying and selling.
After receiving $12,415 in Bar Mitzvah cash, Tim Sykes satisfied his dad and mom to let him make investments his cash and begin buying and selling shares. His preliminary investments started in 1999, simply earlier than he headed off to school.
Tim started attending Tulane College in 2000, learning for a Bachelor of Arts in Philosophy (with a minor in enterprise). He graduated in 2003, regardless of routinely skipping courses in pursuit of his day buying and selling endeavors.
Nonetheless, along with the hassle he put into his research, his efforts in high-risk penny inventory buying and selling additionally paid off. By the point he graduated, Tim was a self-made millionaire.
In solely three years, Timothy Sykes had turned $12,415 right into a grand complete of $1.65 million.
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The place was Timothy Sykes earlier than Profitly?
After school, Timothy’s profitable buying and selling efficiency prompted him to determine Cilantro Fund, a brief bias hedge fund. Nonetheless, quite than his common buying and selling actions, Tim tried utilizing long-term methods with the hedge fund.
Sadly, this didn’t play out effectively for him. Tim Sykes’ fund misplaced 35% within the inventory market earlier than collapsing. Nonetheless, it was round this time that he started to realize recognition throughout the complete trade.
This recognition prompted Tim to self-publish a ebook, “An American Hedge Fund: How I Made $2 Million as a Inventory Operator & Created a Hedge Fund”, which documented his monetary journey—warts and all—thus far.
From right here, Tim went on to seem on the present “Wall Avenue Warriors,” a documentary/actuality TV present that centered on Wall Avenue entrepreneurs and the well-known inventory market buying and selling trade.
He additionally served as a publication author for TheStreet from 2007 to 2008.
Present Occupation
Presently, Tim Sykes is the CEO of TLC Media LLC, the corporate behind Revenue.ly. Profitly is a novel commerce monitoring and buying and selling training enterprise. After all, many different web sites provide monitoring and buying and selling programs, however that’s not what makes this buying and selling training enterprise totally different.
Profitly is exclusive within the sense that it provides a way of social media to buying and selling, by way of buying and selling chat, boards, and commerce sharing. In different phrases, buyers can see the market actions of different customers and—if they want—share their very own trades as effectively.
The web site even shares buying and selling data for gurus, so that you’ll be capable to use the service to see what trades Tim has made not too long ago. You may also subscribe to Tim’s personal buying and selling programs, which is able to give you investing steering based mostly on Tim’s buying and selling methods.
With an ever-expanding person base of over 150,000 customers (a lot of which the web site claims are millionaire college students), Revenue.ly is essentially the most distinctive service Tim has ever launched to the general public.
Other than Revenue.ly, Tim has additionally been accountable for a couple of different sources. Along with publishing newsletters and tutorial DVD units, he designed StocksToTrade (which doubles as a inventory screener/buying and selling platform) and arrange Investimonials, a web site designed to present customers evaluations on varied kinds of monetary merchandise.
Timothy additionally presents a penny buying and selling course known as the “Millionaire Problem.” For a subscription of $197/month, this course offers you entry to Tim’s varied training buying and selling supplies and a devoted penny inventory buying and selling chat room.
Different providers supplied embrace “Tim’s Alerts” and “Pennystocking Silver.”
- Tim’s Alerts provides members buying and selling alerts, entry to the day by day inventory suggestions, ProfiDing commerce alerts, and chat room entry.
- Pennystocking Silver builds upon these providers, including over 6,000 video classes and extra weekly classes into the combo.
Notable Accomplishments
Tim’s most notable accomplishment was his preliminary buying and selling efficiency throughout his time at school. Beginning with solely $12,415, Tim took to the inventory market and turned his preliminary funding into a formidable sum of $1.65 inside only some years.
Tim at the moment has an estimated web value of $15 million.
Critiques Suggestions
“ –“Tim is obvious, pushed, skilled, articulate, and market savvy. If Tim speaks, I’ll at all times hear.”
Charles Wm. Stewart, OD
CEO and Director, Konan Medical USACEO and Director, Konan Medical
“Timothy’s seminar on Penny shares and brief promoting are A+.”
Harry Yeh
Managing Accomplice of Quantum Fintech GroupManaging Accomplice of Quantum Fintech Group
Get Began with Timothy Sykes