Tim Sykes – Is He A Scam? Our 5 point review

Often tagged as a scam artist, Timothy Sykes became a news flash when he turned his $12,415 Bar Mitzvah money into six figures and went on to make much more. Penny stock trading became a money spinner for him and lead him to become a millionaire trader and mentor for thousands of students around the world.

Having the privilege of freedom of speech in digital spaces, negativity spreads easily. Tim is someone who likes to flaunt his success, only to motivate others to also reach for financial independence like him. However, his roaring success does not inspire everyone. Thus, envy leads to negative comments like “He is a scammer” and “He is a con” are thrown around.

I am writing this article to share my journey with his program and how he is turning around the lives of thousands of his students by teaching them the ins and outs of stock trading. Here is a 5 point review of his system and what we found out.

1. His Transparency

Tim brands himself as Transparent Investment Management. His profits are a result of his trading strategies. After keeping a close eye on him, his strategies and how he works, I came to a conclusion that he is not like other teachers and mentors. Sykes is completely real and transparent with the way he works. What I love about him is that he openly tells about his gains and losses and urges his students to learn from his mistakes. Sykes shows his income tax returns, his audits, risks and rewards, his plans and strategies. He shares how he studies the past trends continuously to work in the future. Take a look at his trading performance over the last few years. Tim has shared his performance over his website, and he is continuously updating his strategies and which stocks he is trading and how, over his blog through several of blogposts updated multiple times a week.

2. His Success Stories

Tim’s successful students who have earned fortunes are the most obvious evidence of his legitimacy. Tim Gritanni, one of his millionaire students turned his $1,500 to $1 million in 3 years. Later, he gradually increased his earnings and now over $8 million in profits. Tim Gritanni now also teaches alongside Sykes, in the Millionaire Challenge. Gritanni earned millions through adapting to different sectors and exchanges. He dealt with OTC stocks, NASDACs, remained adaptive and flexible with his approach, dedicated hours and hours to studying the markets and seeing what strategies work.

Michael Goode, another one of Tim’s top traders, who initially called Tim a scam and even posted about it on his blogpost. Fast forward a few years later, he decided to give Sykes a shot and ended up being his first millionaire student, a dear admirer and later on, a teacher as well. Michael Goode teaches with Tim, is even most active in the Chat room on profit.ly and has some great trades during the day.

With these two, there are several other success stories related to Sykes, you can’t say the fortune of all these people is a hoax. These are real people with real experiences, and all of this would have been possible, thanks to Sykes teaching and learning material.

3. His Plans

Sykes provides two plans on his platform Profit.ly, named as: Tim’s Alerts and Pennystocking Silver Plan:

In my opinion, both plans provide value to students. I’d say if you’re starting fresh, start with the Pennystocking Silver plan, it is definitely worth the money. The silver plan covers everything from Tim’s Alert plan and more, which makes a hell of a difference if you’re just starting out. The video lessons are gems for every trader as they provide a whole outlook of Tim’s strategies and how he trades. The massive diary of videos can be a little overwhelming, so they need a lot of in-depth study and analysis. I found the push alerts to be very helpful, as I was easily able to see whenever Tim made a trade. The access to daily chatroom makes it easy to keep an eye on what traders are doing and how moderators are calling their stocks. Both plans are good value for money, but I’d suggest newbies to invest in The Pennystocking Silver plan right away if they’re looking to learn at their own pace to become a self-sufficient and independent trader.

4. His Work Ethos

Tim’s strategies have earned him millions in almost two decades and his trading performance is a clear depiction of that.

His strategies revolve around Technical analysis, Fundamental Analysis and Patterns. Throughout his teaching material, this is the combination of factors he emphasizes on and teaches. For his ideal setups, he continuously studies, learn patterns and does watchful waiting. If you’re willing to learn, Sykes can teach you how to trade like a sniper – wait for the good setups, the setups you’re prepared for. Its not the same for everyone, you have to figure out what’s best for you.

5. His Credentials

Sykes has been famous since he earned six figures. His fame has led him to be featured across key media outlets like CNN, CNBC, FOX NEWS, FORBES, THE NEW YORK TIMES etc. My point here isn’t the media hype that Sykes has grabbed, it is the media scrutiny that he has surpassed that gives him the cred. These publications hire staff who do their due diligence before they line up an interview with someone, so Tim making it through to these, where a lot people haven’t – says a lot.

Conclusion

After dedicating my time and energy into Timothy Sykes’s courses, I came to a conclusion that Sykes is the real deal. He has a massive pool of knowledge and experience to share and his learning material does teach you a lot. If you’re looking to put your step into the online trading world, you won’t find a better mentor. Enthusiastic about his trading and teaching, Sykes can push you to try your maximum to learn his tricks of the trade.

Final thoughts, you have to learn to earn, so take your time invent into the program and hustle hard!

This article does not necessarily reflect the opinions of the editors or management of EconoTimes.