Timothy Sykes Watchlist Review: Scam Exposed?

Timothy Sykes Watchlist Review: Scam Exposed?

Today we will be reviewing a platform known as Timothy Sykes Watchlist. Is this course the real deal? Find out in this Timothy Sykes review.

Now that people can work from home, many individuals are seeking for ways to increase their chances of making money. It might be difficult to manage your spending when the prices of necessary items start increasing.

A side business, is an excellent idea of making money. While working full-time, making money passively is a terrific strategy to save money much quicker.

It’s always a good idea to keep a little extra cash on-hand since you never know what can happen. Judging from recent events, you should be prepared for anything.

Right now, we’re all simply trying to live our lives normally in the midst of the ongoing danger to global peace. Time, on the other hand, does not pause on anyone as it continues to pass.

It might be difficult to find legitimate programs that teach new methods to make money online. After all, many online gurus have received specialized training in deceit and manipulation.

Before you decide to commit to this, you should read this Timothy Sykes Watchlist review first. You should check if it is worth your time before you pay for it.

DISCLAIMER: This is a fully independent review. I’m not affiliated with the company in any shape or form whatsoever.

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Who is Timothy Sykes?

Timothy Sykes Watchlist Review: Tim Sykes

Timothy Sykes’ name has virtually become associated with day trading on the internet. For those just getting started in this niche, his is one of the first names they’ll probably come across.

Whatever you think of him, he’s definitely made himself known with his bombastic and flamboyant personal brand based on flaunting his affluent lifestyle.

Tim Sykes built a reputation for himself by day trading penny stocks and turning $12,415 in bar mitzvah present money into $1.65 million before he turned 21. That is something no other dealer with a comparable service can claim.

Since then, he’s authored a book called An American Hedge Fund: How I Made $2 Million as a Stock Operator and Started a Hedge Fund, and built a little empire by teaching people how to trade.

Tim got his start in penny stocks, as previously stated. He has subsequently broadened his portfolio to include various types of equities, notably earnings winners. His technique is based on technical analysis (stock charts), but it also takes into account news events, as well as sponsored advertisements.

Penny stocks are infamous for being unscrupulous in general, with dishonest businesses inflating stock prices through sponsored promotions. The pricing will return to normal after the deal has ended.

Shorting these stocks is how Tim and other traders earn money. It’s worth mentioning that he has utilized his “celebrity status” to call out businesses and firms that are involved in so-called “pump and dump” schemes.

Judging by Tim’s reputation and status, he does not seem like a dude who is a scammer. He is pretty legitimate, and his programs are actually pretty interesting and provide great insights. If you are a newbie trader, you can probably make use of his teachings.

Timothy Sykes Watchlist Overview

Stock trading

Sykes provides three subscription options:

  • Tim’s Alerts ($74.95 per month) are a service provided by Tim.
  • PennyStocking Silver ($149.95 per month) is a monthly subscription service.
  • The Millionaire Challenge ($5,000 per year) is a competition for those who want to become millionaires.

In terms of value for money, they are a little less costly than similar services, with the exception of The Millionaire Challenge, and often of same or higher quality.

Because Sykes’ programs have so many members, he may not need to charge as much to make a profit.

Let’s take a closer look at each of these program to help you discover which one is right for you.

Tim’s Alerts

Tim Alerts is the simplest service. It includes chatroom access, a daily stock watchlist, trade alerts, and other push notifications. Experienced traders will find it beneficial.

However,without the instructional films available at the next level, if you’re not already acquainted with the vocabulary and ideas of trading, it may not be as useful.

For experienced traders, this membership is the ideal option. For customers who want access to the trading room and trade notifications, this is the ideal membership. If you don’t intend to watch Tim’s informative videos, the Tim Alerts plan will save you $75 per month.

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PennyStocking Silver

PennyStocking Silver is an excellent starting point for beginner traders. This membership includes Tim’s Alerts as well as weekly video courses and access to Tim’s current video lesson library of over 4,400.

While getting through them all would be difficult, there is enough of trading knowledge to be found. Tim’s easy-to-understand explanations are ideal for beginners.

For novice traders who are still learning about trading methods, trading education is quite important. Tim’s videos cover quite a bit of ground.

From technical to fundamental analysis to trading psychology, he will cover it all. One of the most useful components of the program is the video lesson collection.

Millionaire Challenge

The Millionaire Challenge, on the other hand, is a quite a fascinating program. Everything from PennyStocking Silver is included, as well as private webinars with Tim and his protégés

For a whooping $5,000, you may choose to enroll in the Millionaire Challenge. When you’re just getting started as a trader, $5,000 is a lot of money to spend on anything — that money may be better spent on trading.

Tim, on the other hand, has a slew of success stories to his credit, including a couple of wealthy pupils. He seems to have aided a large number of individuals in making large sums of money. It could be worth a chance if spending $5,000 doesn’t make you squirm.

While the Millionaire Challenge is surrounded by a lot of publicity, it is undeniably costly. Consider enrolling to a lower-cost membership to determine whether the Millionaire Challenge is right for you.

Tim’s Chat Room

Tim maintains a profit.ly chatroom for students enrolled in any of his courses or programs. He is online a few times a day, making larger deals, whilst the other moderators, particularly Michael Goode, are more active in the chat.

Tim isn’t as accessible as some other traders in comparable rooms, but his trades are solid, and Michael Goode is a valuable asset. Goode is a good trader and a chatroom moderator in addition to being one of Tim’s rich pupils.

Because Tim has so many subscribers – particularly rookie traders – the chatroom may become a bit raucous, but you can filter for only moderator postings if you don’t want to see everything.

Although the chat room isn’t as busy or on-topic as Investors Underground or Bulls on Wall Street, it is nevertheless an important aspect of the business.

Tim’s trades are also tracked in the chatroom, with notifications sent anytime he makes a move. You can get these notifications through email or phone, so you don’t have to be in the chatroom to be informed and take action.

The notifications, on the other hand, aren’t there so you can just track Tim’s trades; rather, they’re there to assist traders comprehend what he’s doing. If you merely duplicate Tim’s notifications, you’ll be too late to produce a nice entry by the time they arrive.

Instead, utilize the alerts to figure out what movements he’s making, when they’re happening, and why, and then use those approaches to devise your own strategy for a successful entrance.

Overall, the chatroom is a fantastic tool, albeit more of Tim’s presence would be appreciated.

Are the Programs Effective?

Timothy Sykes Watchlist Review: Tim Sykes 2

Without a doubt, new traders will benefit the most from Sykes’ services.

Experienced traders may prefer a room with more active trading, although they may find his signals useful and of high quality. Those new to trading, on the other hand, will find it easy to understand and, owing to the alert system, will be able to learn without having to sit at a computer during trading hours.

It’s also recommended for people with less than $25,000 in trading money and/or those that follow the PDT (Pattern Day Trader) guideline, which states that they should only make three or fewer day trades each week.

The Pennystocking Silver strategy provides the best value if you are new to trading. You’ll get access to watch lists, trade alerts, and, most crucially, a vast library of trading educational materials.

Overall, for newbies, yes, Tim offers great value – especially the PennyStocking Silver option. His videos are clear and easy to understand and his methods are as close as you can get to tried and true.

More experienced traders may want to shy away from this one or stick with just Tim’s Alerts, since they’re less likely to need the videos, but for those interested in the how and why behind Tim’s moves, the videos might still be of interest.

The Millionaire Challenge is a little less cut and dry. It seems that people have benefitted from it, but the high price tag makes it harder to recommend. That $5,000 may be better spent on trades if funds are in short supply.

If you are still unsure about signing up, start by reviewing some of the free material on YouTube. When it comes to finding a trading program, it’s all about finding something that works for YOU – not every service is a good match for every trader.

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Alternatives to Timothy Sykes Watchlist

Stock Trading

In this section of my Timothy Sykes Watchlist review, you will be learning about better alternatives to stock trading.

You may sign up for a number of different programs that, if you get the hang of them, might make you a lot of money. To make it easy for you to pick, I urge that you pursue your interests.

You may look at freelancing options like becoming a paid public speaker or learning how to invest in cryptocurrency to get money.

If you have the resources, try investing in real estate or working as an affiliate marketer as a side hustle. Those will give you more chances to recover losses on the event that it happens.

Making this choice is totally up to you. However, I am aware of the best choice that is pretty accessible. It exceeds the competition and will surely help you achieve financial freedom.

Final Verdict – Timothy Sykes Watchlist Review

Before I end this Timothy Sykes Watchlist review, I would like to share a few more insights that could help you.

When it comes to trading, you must keep the dangers in mind at all times. After all, stocks are prone to fluctuation in price. This is why, in this kind of company, you should understand how to predict losses and volatility.

However, I don’t see why you shouldn’t do it if you’re already an expert at evaluating which possibilities are worth investing in. You might lose money even if you have a lot of expertise and experience.

This is why, unless you have the requisite abilities and experience, I do not recommend entering into trading. Learning what you need to know may take years.

In my perspective, there are better opportunities. I really have one for you right now, and it’s a lot easier than learning how to invest in stocks.

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