Getting Started in the Tim Sykes Millionaire Trading Challenge

Earlier this year I wrote about being a part of the Timothy Sykes Millionaire Trading Challenge. I signed up in March, and have been learning Tim’s core strategy (shorting penny stock pump and dumps) as well as other strategies (he and his instructors also teach other ways to trade, so students don’t have to rely solely on trading penny stocks).

There is a lot of material to get through, and it can be overwhelming at first. Where do students start? Here are my recommendations:

  1. This “syllabus” outlines what is on each of the DVDs. It is very helpful if you are looking for specific information.
  2. One of Tim’s students put together this checklist, which summarizes Tim’s trading strategy and the most important chart patterns. Keep this handy.
  3. Start first with the DVD Pennystocking Part Deux. This will give you an better idea of the trading strategy overall.
  4. Then watch Tim Fundamentals #2. This is a solid basis as well.
  5. Watch ALL of the video lessons. Try to keep up on the daily ones Tim puts out. Also go back and watch all of the old ones. These pages list some of the best video lessons to watch, so you might start there:

Finally, start participating in the weekly webinars right away. You won’t understand what’s going on at first, and that’s okay. Just listen and you will catch on.

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9 Comments

  • J says:
    28 August 2013

    Hi Tracy,

    I’ve recently joined TIm’s Challenge (3weeks ago). I’ve read both of your posts re: Tim’s Challenge. Then are excellent, thx. Look me up in the chat so we can discuss the lessons etc. I’ve tried to find you in the chat, but I don’t know your handle? Look me up Gesus_J

    Thanks

  • murhy says:
    30 August 2013

    Hi Tracy,
    Im planning to join Tim’s challenge course. Can u please share ur experience so far ?

  • Tracy Coenen says:
    30 August 2013
  • Maggie says:
    30 August 2013

    Murhy,

    I am about to join. Please share your experience both good and bad. Thank you in advance.
    Maggie.

  • Maggie says:
    30 August 2013

    Tracy,

    You have now been in it for a few months. Have yous started trading ? How is it going for you please share. I am about to join and like with every new challenge there are those fears. Please share with me your experience this far.

    Thank you in advance.

  • Murhy says:
    2 September 2013

    Maggie,
    I have just joined n yet to get materials. Will share once I get my hands into it.
    Murhy

  • Chris says:
    29 January 2014

    Tracy,

    The links to the syllabus and the checklist are not working. Would you be able to repost them or email them to me? I’m going through Pennystocking Part Deux right now.

    Thanks!

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