Timothy Sykes Net Worth: From Trading to Philanthropy

Timothy Sykes is a well-known penny stock trader who has built a substantial net worth through his trading skills and entrepreneurial ventures. He has been trading since 2004 and has made a name for himself in the trading community.

Sykes has been featured on various media outlets, including CNBC, Fox Business, and Bloomberg, sharing his trading strategies and experiences. He has also written several books on trading and investing, including "An American Hedge Fund" and "Profit from Penny Stocks".

Despite his success, Sykes is also known for his philanthropic efforts. He has donated to various charities, including the St. Jude Children's Research Hospital and the Boys and Girls Clubs of America. His charitable donations are a testament to his commitment to giving back to the community.

Timothy Sykes graduated from Tulane University in 2003 with a bachelor's degree in philosophy and a minor in business.

He is Jewish and while at Tulane, he routinely cut classes to day trade.

In 2003, Sykes founded Cilantro Fund Management, a small-short bias hedge fund, using $1 million mostly from his friends and family.

The fund initially acquired profits but shut down three years later due to heavy losses.

Sykes claimed that the Cilantro Fund was "the number one long-short microstock hedge fund in the country, according to Barclays".

However, the rating came from the Barclay Group, a small research company based in Fairfield, Iowa, not the well-known Barclays British bank.

In 2008, Sykes attempted to recreate his initial investing success by starting again with just $12,415.

Sykes self-published An American Hedge Fund in 2007, documenting his experiences as a day-trader and the difficulties he encountered in attempting to start a hedge fund.

Timothy Sykes launched TimothySykes.com after writing the book "An American Hedge Fund" and shutting down Cilantro Fund Partners in 2007.

Sykes co-founded Profit.ly in 2011, a social service with about 20,000 users that provides stock trade information online. He aimed to create public track records for traders, newsletter writers, and students.

Sykes' students have achieved impressive results, with one student turning $1,500 into $1 million in three years by trading stocks, and another making over $10 million under his tutelage.

The Timothy Sykes Foundation, later renamed the Karmagawa Foundation, has made significant contributions to education and environmental causes.

Timothy Sykes has made a significant impact through his teaching and projects. He co-founded Profit.ly in 2011, a social service that provides stock trade information online, with about 20,000 users. This service helps gurus, newsletter writers, and students create public track records, allowing everyone to learn from both wins and losses.

Sykes' students have achieved remarkable success, with one student turning $1,500 into $1 million in three years and another making over $10 million by stock trading under Sykes' tutelage. His students' achievements demonstrate the effectiveness of his teaching methods.

The Timothy Sykes Foundation was established to support charitable causes, raising $600,000 and partnering with reputable organizations like Make-a-Wish Foundation and The Boys and Girls Club. Sykes has also donated $1 million to Pencils of Promise to help build 20 new primary schools across Ghana, Guatemala, and Laos.

Karmagawa, the renamed foundation, has built 57 schools and donated over $4 million to 45 charities for environmental causes by 2019. In 2020, Sykes and Karmagawa pledged $1 million for relief efforts in Yemen during the Yemeni civil war and the cholera and COVID-19 epidemics.

Tim Sykes is a master of creating a motivational image. His Instagram page is plastered with images of luxury cars, exotic vacations, and even stacks of cash.

He uses these tactics to attract ambitious new traders to the markets. His marketing style is attention-grabbing, to say the least.

The markets can be dull, so Tim focuses on the rewards of becoming a profitable trader.

Tim provides a daily watchlist that can be really valuable for finding opportunities and getting ahead of trade alerts. This watchlist is available as a simple list and as a video that quickly breaks down the tickers Tim is watching and why.

The daily watchlist is a great resource for self-driven traders who want to stay on top of market movements. Tim's watchlist can help traders identify potential trades and make informed decisions.

For traders who want to get a quick overview of Tim's watchlist, the video is a great option. It provides a concise summary of the tickers Tim is watching and why, saving traders time and effort.

Timothy Sykes' trading style is heavily rooted in technical analysis, using stock charts to make most of his trading decisions. He also focuses on fundamental factors like paid promotions, earnings, and news catalysts.

Tim's approach to the markets could be described as "common sense" trading backed by technical analysis. He's not afraid to short sell penny stocks that are experiencing an irrational spike or have been involved in paid promotion schemes.

Here are some of the key courses and resources that Tim provides to his students and followers:

Tim Sykes' trading style is rooted in technical analysis, using stock charts to make most of his trading decisions. He's known for being one of the first prominent penny stock short-sellers, focusing on short selling after an irrational spike or paid promotion scheme.

Penny stocks are a significant part of Tim's trading style, but he's expanded his approach to take advantage of different types of penny stocks and market-making news. He emphasizes the importance of fundamental factors like paid promotions, earnings, and news catalysts.

Tim's approach could be described as "common sense" trading backed by technical analysis. He looks for red flags like paid promotions and a lack of transparency, which can indicate a company is garbage and the share price will drop.

Here are some key aspects of Tim's trading style:

It's worth noting that Tim's trading style is not for everyone, and it's essential to understand his approach before following his trade alerts.

Tim Sykes is a strong advocate of trading education, and his online courses are a testament to that. He was one of the first traders to start providing online courses, and his students and followers benefit from his wealth of knowledge.

Tim has released many trading courses, including PennyStocking, PennyStocking Part Deux, and ShortStocking, which are available through Profit.ly. These courses cover the basics of Tim's stock trading style and provide the most bang for your buck.

The courses are designed to help new traders understand Tim's trading style and methodology, making it easier to follow along with his trade alerts and chat room commentary. In fact, we recommend watching the trading courses before trying to follow along with Tim's trade alerts.

Tim's educational resources are extensive, with over 8,000 video lessons in his video library. The library is constantly growing, with new lessons released weekly. You can search for videos by ticker, strategy, date, and more, making it easy to brush up on your trading knowledge.

Here's a list of some of the courses Tim has released:

These courses are a great starting point for new traders, and they provide a solid foundation for understanding Tim's trading style and methodology.

Timothy Sykes has an estimated net worth of $15 million.

Tim's trading profits account for $7.4 million, which is a significant portion of his net worth.

At least $7.5 million comes from his other businesses, making it clear that his services generate a substantial income.

Tim's education services and related companies, such as Profitly, Investimonials, and StockstoTrade, have contributed significantly to his net worth, likely exceeding $10 million in earnings.

He makes millions a month in sales, according to digital marketer Neil Patel, which is a testament to the success of his services.

In comparison, Tim's average yearly trading profits are $250,000, highlighting the importance of his services in his overall net worth.

Timothy Sykes is one of the most well-known day traders in the online trading world. He has been active in this industry for over a decade, and he's pretty transparent about his trades.

His trading style is tailored for newer traders with smaller accounts, and he focuses on a niche strategy that's designed to capture profits from short-term momentum. This strategy is simple and effective, as proven by his verified track record.

The legitimacy of Timothy Sykes' services is a topic of debate, but reviews suggest he's the real deal. He makes money consistently, which is what matters in the end.

Here's a breakdown of Timothy Sykes' strengths based on reviews:

Timothy Sykes' trading service is discussed in the review section of an article. The review assesses the quality of Timothy Sykes' trading alerts, support, and education.

Timothy Sykes is known for his attention-grabbing marketing and luxurious lifestyle. The review highlights his service's strengths and weaknesses, providing recommendations for who it's best suited for.

The review evaluates Timothy Sykes' service based on six key factors: Value, Quality of Alerts, Quality of Support, Ease of Use, Versatility, and Quality of Education. These factors are crucial for traders considering his service.

Here's a breakdown of the review's ratings for each factor:

The review doesn't provide a detailed assessment of each factor, but it does suggest that Timothy Sykes' service is geared towards traders who are looking for a specific type of education and support.

Timothy Sykes is a well-established figure in the trading industry with over a decade of experience.

He's transparent about his trades, which is a refreshing change from some of the more aggressive marketing tactics out there.

Tim's trading style is focused on a niche strategy that captures profits from short-term momentum.

He's not claiming to be the best trader in the world, and even admits to this himself.

His strategy is tailored for newer traders with smaller accounts, making it a great option for those looking to get started.

The proof of the effectiveness of his strategy lies in his verified track record.

He's consistently making money, which is what matters most in the end.