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Timothy Sykes

๐Ÿ‘ค Speaker
352 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

There's not many of them that go from single digits, like 50 bucks a share in a few days.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Yeah, so I'm always looking at big percent gainers.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

My team and I just created this new tool called StocksToTrade.com, which basically searches for big percent gainers on every different major index, whether it's a one-day gainer, three-day gainer, five-day gainer.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Big percent gains tend to create more big percent gains as short sellers enter too early, as momentum traders pile in.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Ah, well, that's the trick.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

You know, it's not an exact science.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

I never try to catch the exact bottom or top.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

It's all about just trying to take the meat of the move, playing this kind of volatility.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Yeah, so I was on this TV show called Wall Street Warriors in 2006, 2007, and it kind of went viral on the internet.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

I guess we were like the number one TV show downloaded on iTunes back then.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

I just heard out of...

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

heard about this.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

But that led me to help people understand, wait a minute, there's a lot of people who want to turn a few thousand into a few million.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

And there's no one, no one who teaches this stuff who's real.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Because most people in finance, you know, if you can't do, you teach.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

But I can do and I can teach, but my strategy also has limitations.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

So I got started teaching in late 2007 and, you know, been doing it ever since.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Now I have actually a few millionaire students who have turned a few thousand into a few million already too.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Well, I trade with a small account.