Good Morning Everyone! 
I wish you all a Happy MLKJ Day and hope you are taking this day off from the market to study. Tomorrow we will be back at it! This will be a bit of a long post but it’ll be worth it.





Anyways, I have been getting a TON of questions regarding Tim Sykes Millionaire Challenge + StocksToTrade and whether or not paying the tuition to join is “worth it” or not. So I will take the time to compare the challenge price versus purchasing the DVDs and subscriptions. Also, I will give an overview on what is included in each based on information I can research.  At the very end I will have made a case as to whether or not it is cheaper to join his challenge, get a subscription, or stick to DVD lessons based on your level of dedication to your trading journey. The question is, is it “worth it” to you?

The Process To Join 

What is included in the Timothy Sykes Trading Challenge and how much does it cost to join? Well, it never hurts to apply (bonus option to pay the roughly $200 to become VIP) and be at the top of the list when scheduling an interview. I did this twice! I had the best customer service experience, I still receive kind and timely replies, and the best help. But I have no problem paying as I am seriously dedicated and KNOW I will make it back in time. This is a Marathon and Not a Sprint as Tim puts it. After that you receive a call once you have scheduled your interview date at which you may request an email as to what the challenge entails. It doesn’t hurt to ask. 

Questions I’m Asked Daily 

The questions I get the most from eager traders is, “Tessa, do you think the $7,000 is really worth it to join the challenge. It’s a lot of money..” “Should I get StocksToTrade too?” Well, it can seem expensive at first. And I understand 100% after all, I get an allowance from my parents of $200 every 2 weeks (yes I know I’m 24 and I get an allowance) and I might make $50-100 a month from my job as I am a full-time mom and I stay home with my kid. So I understand $7k seems like a lot of money plus the money for the trading software.

Do You Need Stocks To Trade

SO how do I afford being a student? Well, I “cheeped out” on my education since my mom didn’t want to help me pay for the challenge (she just paid off my college debt of $15,000 for my BA at WTU). But she did believe I could learn everything on my own with all of the free content from Youtube, blog posts, tweets, free email subscriptions, and anything else I could dig up for free or get a discount on when Tim provides sales for his content through profit.ly or emails. The truth behind this concept of “cheaping out” on my education… it’s not cheap. I have paid more than the $7k in the long run. Luckily I am super determined and DIDN’T cheap out on my stock screener/trading platform. Had I not paid for StocksToTrade, cheaping out on my education would have cost me. Not just money, but time and effort. So I knew I needed the software to help me learn the hard way. I have been saving every penny I find and make and I use it to purchase the annual subscription for this trading software and I will never regret it. I am set up for annual pay. 

But how much is the software? If you visit their website StocksToTrade has 3 options. 

1. the $7 trial 
2. the monthly subscription plan $179.95 (includes all access, STT University, best practice      and support (Email/call and ask for further details)
3. the annual subscription $1899.50 (as of this writing the website currently says “save $250” which is something worth considering!  Make sure you add Level 2 which was roughly $300 IF I remember correctly. (For assured prices contact STT personally as the prices I pay aren’t exact numbers because I don’t remember the exact penny off the top of my head.)

This software has broker integration, paper trading, Tim’s scans, tons of screeners, and so much more that is geared specifically for trading penny stocks! I couldn’t imagine trading without this software. I opened a small $100 account with TD Ameritrade where I use the ThinkOrSwim platform and I still haven’t figured it out 100%. I tried to see if I could “cheap out” on my software and the screeners do NOT compare. The software doesn’t compare even after reading all of the reviews online. Trust me when I say I can’t imagine trading Penny Stocks without StocksToTrade!

Is Self Sufficiency Worth The Price of a Full Education?

Now you have a brief overview of my trading software, what about the Challenge. As I mentioned above, you have the interview. You had the interviewer email you the list of products and services that is included in your challenge membership. (If you watched the roughly hour long video that pumped your adrenaline to join then you saw the end where it said roughly a $15,000+ education for roughly $7,000). That is not a joke. 

  1. You get chatroom access with Timothy Sykes and his students. (What is that worth to you?)
  2. LIVE webinars that teach you exactly what Tim and his Top students processes are when trading and you can ask them questions!
  3. You become a Penny Stock Silver member. Which means access to Tim’s 6k+ video lesson archives!
  4. Access to Archived Webinars. 
  5. And access to the DVD library.
(For exact details email Tim’s Team and ask for a list of what is included in the challenge as my blog is a basic overview)

If you ask me, Tim’s challenge is like holding your hands and teaching you how to sit up, crawl, stand, walk, and run! With the right mindset and immense dedication to studying and caring about your future, this is the way to go! I wish I had everyone to hold my hand in the beginning. I even tried TWICE to join, but I didn’t have the patience to save then join. Like most traders, I wanted it and I’ll do it one DVD/one subscription at a time during sales because it looks cheaper that way. But the challenge is about building a millionaire or self sufficient trader from scratch. Which means no experience. So his challenge IS about helping You. 

Now I have been studying for a year and practicing for 6 months trading. I have spent more than $7,000 on my education by saving up for deals and purchasing everything I could when the sales came around. I should’ve just saved for a year and then joined. My education would have been sped up immensely and cheaper than my bachelors degree and has potential to make me more money than a career in my Information Security field.  

Prices on Profit.ly (information I found on profit.ly)

DVDS (Info on Profitly) Adding up the DVDs Below = $8,361 w/out Taxes

– How To Build A Proper Watchlist
– What Catalysts Are Most Reliable
– How To Plan Short Selling Trades
– How To Grow An Account Exponentially Over Time
– Live Trades

– ” PennyStocking Framework Part Deux is a 12-hour guide that is 50% off during its initial special offer. Updating the initial 7-Step Penny Stocking Framework Tim Sykes unveiled a few years ago, which remains effective on the vast majority of penny stock promotions. This guide will also update the 7-step framework and provide a history of the framework as well as reviewing the basics of being and shorting these stocks with live trades using the 7-step framework. Most importantly, this guide will include a review of recent successes and failures in terms of recent stock trades and recent students too for a comprehensive education on the penny stock market.”


– “.. While the first four chapters lay the groundwork for everything that goes into (Tim Grittani’s) preparation before he even makes a trade, the last eight chapters are where he dives into the specific strategies he uses daily. Each chapter teaches a different setup that he plays, including a grand total of 35 live trade examples! Experience his strategy as if you were sitting next to him watching him trade, listening to his every though. You will see his entries, exits, successes, and failures. But, most importantly, you will see WHY he makes the trading decisions he does.”

– “This DVD is a whopping 35 hours as it starts with the very basics of the stock market and stock trading and teaches techniques real self-made-millionaires have used to become wealthy. (as of this writing) This is 70% off the regular price of $997.”
– ” The original guide to high probability penny stock profits. 6 hours of learning material.”
– ” The highly anticipated sequel to penny stocking focusing on intraday, 2007 and 2008 chart patterns.”
– ” This 12 hour course provides an introduction to Tim’s Pennystocking strategies and some basic tips about trading.”
– ” A 6-hour guide on how to identify and profit from the hottest stocks that spike 100-500% within a few days, weeks and months. Fort the first time, Timothy Sykes reveals his time-tested formula for finding the stock market’s biggest winners which have helped him become a multi-millionaire. Using dozens of past examples, Timothy outlines his “Spikeability” formula and shares his 15-point criteria for finding the best stock sin the entire stock market, which he previously has referred to as Supernovas.”
– ” TIMfundamentals Part Deux (FT2) a multi-disk DVD package that teaches viewers how to build a stock watchlist, which websites to use, which to ignore, and what research matters most.”
– ” A 6-hour multi-disc DVD package with at 150+ page instructional manual that teaches viewers how to use and read Level 2 quotes. Traders often use Level 2 quotes to choose better trades and get better executions… a few cents/share here and there on every trade really does add up so Timothy teaches how to profit from predicting where other people place their stop losses, recognize ideal setups, market maker games, and pockets of opportunity in order to minimize mistakes and get ideal execution.”

– ” The only guide you’ll ever need to profit from short selling. 4 Discs, 6 hours of learning material with instructional manual.”

– “43 Trading Tactics Taught Over 8 Hours.”
– ” A 10-hour multi-disc DVD package that teaches you how to read and analyze all sorts of SEC Filings. One of Timothy’s best students, Michael Goode chimes in for several hours with his own investigation so viewers can compare their two differing research methods. These filings have always been long, technical and boring, but they will simplify the process and make it understandable to even the biggest beginners out there. Not only great for discovering penny stock scams, learning to read SEC Filings will help you better understand how to analyze companies of all sizes and make their market valuations. This DVD package is a must for anyone involved in the finance industry, not just traders but investors too.”

Annual Conference DVDS (Info on Profit.ly) Adding up the DVDs Below = $7,970 w/out Taxes

– ” Footage from the 12th Annual PennyStocking Conference featuring presentations from several millionaire traders, with Q&A and live trading.”
– ” Footage from the 11th Annual PennyStocking Conference featuring presentations from several millionaire traders, with Q&A and live trading.”
– ” Over 18 hours of footage from the 10th Annual PennyStocking Conference featuring presentations from several millionaire traders along with a great deal of Q&A and even live trading too!”
– ” Over 16 hours of footage from the 2nd Annual Trader and Investor Summit (2016) aka the 9th Annual PennyStocking Conference featuring several millionaire day traders, swing traders, and energy and futures traders too!”
– ” Over 15 hours of footage from the 1st Annual Trader & Investor Summit (2015) aka the 8th Annual PennyStocking Conference featuring several millionaire traders and for the first time, several accomplished hedge fund managers and investors too!”
– ” AnswerStock, 13 Hours of Footage of the 7th Annual PennyStocking Conference featuring millionaire traders Timothy Sykes (who makes several thousand dollars during a live trade), Paul Scolardi, Tim Grittani, Michael Goode, Nathan Michaud, and six figure part-time trader Tim Bohen.”
– ” TIMdicators is a 15 1/2 hour DVD of the 6th Annual PennyStocking conference from October 2013. Several multi-millionaire traders passed down their time-tested trading lessons to aspiring traders.”
– ” TIMline is a 14-hour DVD of the 5th Annual PennyStocking Conference from October 2012. Over a dozen expert traders share their insights and Tim unveils his TIMline, a chronological guide to profiting from the stock market, broken down by hour so students finally have a step-by-step guide on how he expects stocks to move, both up and down, throughout the course of the trading day.”
– ” Tim Sykes unveils & outlines his 7-step trading framework during his annual Vegas conference.” 


– ” The New Rules of Penny Stocking is an 18+ hour recording of Tim’s 2010 conference in Las Vegas. The conference hosted 13 excellent speakers, including Tim himself speaking FOR 7 hours AND a penny stock promoter exposing how pumps AND dumps operate FOR over 3 hours. There has never been ANY stock trading conferences WITH such a wide variety of speakers, ALL of whom were willing TO SHARE their experience, lessons AND what gives them an “edge” TO reap profits YEAR IN AND YEAR OUT. Includes BONUS DVD Fear and Scalping in Las Vegas.”

Subscription Prices (info on Profit.ly)

– Apply for a Chance to Become Tim’s Million Challenge Student!
-Daily Chatroom Access
-Daily 5-10 Stock Watchlist
-Realtime SMS, Email, and Push Alerts
-Realtime Profiding Trade Alerts
-iPhone and Android App
-6,000+ Video Lesson Library 
-Weekly Video Lessons

-Daily Chatroom Access
-Daily 5-10 Stock Watchlist
-Realtime SMS, Email, and Push Alerts
-Realtime Profiding Trade Alerts
-iPhone and Android App
X Does Not Include 6,000+ Video Lesson Library 
X Does Not Include Weekly Video Lessons

    LONGTERM Newsletter 
    [Longer term stock picks, research and watchlists from multi-millionaire trader Timothy Sykes. This newsletter focuses purely on longs with no shorts. The holding period will range from days to months with no day trading. Tim has had several 50-100% winners in the recent past thanks to the bull market.] 

  • Smallcap Millionaire Quarterly $749 per quarterly
-Weekly Stock Watchlist
-Realtime SMS, Emails, and Push Alerts
-Realtime Profiding Trade Alerts
-Video Lesson Library
-Weekly Video Lessons
X Does Not Include Savings of 33%

-Weekly Stock Watchlist
-Realtime SMS, Emails, and Push Alerts
-Realtime Profiding Trade Alerts
-Video Lesson Library
-Weekly Video Lessons
– Savings of 33%


-Verify Trades
-Track Profits
-Comment on Trades
-Get on Leaderboards
-Lead and Follow Traders

-Message Other Traders
-Sort and Filter Trades
-Analyze Personal Trades
-View Other People’s Stats
-Private Profile

-Verify Trades
-Track Profits
-Comment on Trades
-Get on Leaderboards
-Lead and Follow Traders
-Message Other Traders
-Sort and Filter Trades
-Analyze Personal Trader
X Go Not Get to View Other People’s Stats
-Private Profile
-Verify Trades
-Track Profits
-Comment on Trades
-Get on Leaderboards
-Lead and Follow Traders
-Message Other Traders
-Sort and Filter Trades
-Analyze Personal Trades
-View Other People’s Stats
X Do Not Get a Private Profile

I Could Not Find Price Listed on Profit.ly or Through Another Website

– 85% off Offer Expired January 3rd 2020 According to www.marketmastery2020.com 
-Includes 22+ Hours of Video Training
   . 3 Full Days of Live Trades
   . Monthly “High Conviction” Alerts (not included in any other subscription or plan)
    
  • Millionaire Masters Program
– I could not specifically find how to join the Millionaire Masters Program on Profit.ly. This Does NOT mean it isn’t on there as I am a part of this program and when I try to research it my profile pops up. I was unable to find where you can join in on this program. My apologies. BUT the way I joined was through an email I received from Tim’s email list. It was on a discount so I paid a little under $2,000 if I remember correctly.
– If you have any questions you can contact Timothy Sykes Team.
Books/.PDF



Is IT “Worth it” To You?

By adding together just the DVD selections equals roughly $16,331 without taxes and without discount sales. [Make sure to do your own research as this information may vary by the time you read this as this writing is valid for the day and time I did this research.] Just in DVDs without subscriptions that are included in the Timothy Sykes Millionaire Challenge and all of the other perks that are inclusive, the prices in DVDs alone, equals double that of the price of the challenge.  

I don’t know your level of trading education or experience, but I do know mine. The level of knowledge I had when beginning to trade was literally zero. I can’t speak for others, but I can speak for myself, and I can say that I have tried multiple times to join his challenge and I didn’t comprehend how much of a deal his challenge truly is. I thought I could buy a DVD on sale here, watch all of his free content, read all of his free blogs, etc. while joining his subscriptions when they presented a sale and I would be able to save money. The truth… I have paid: (Mind you these are not exact figures as I have to dig through email receipts and this blog has already taken me the entire day to write, so this is rough estimates)

  • VIP Access X 2 = roughly $500+
  • How To Make Millions on sale = $297
  • Biotech Book and something else (I don’t remember the email package deal) = roughly $40+?
  • Read SEC Filings = $397
  • Millionaire Masters Program = $1800+
  • Market Mastery 2020 = $297?
  • The Complete Penny Stock Course = roughly $30
  • StocksToTrade =  $2100+
  • Supernova Cheat Sheet + Case Study = roughly $40
  • An American Hedge Fund = $20+
  • The Ultimate Guide To Biotech Stocks = $397
After adding everything above together I have spent more than $5,918. The figures above are not 100% accurate and are rounded down as I don’t remember the exact prices I have paid for the deals I have tried cheating out on instead of saving this money to join the challenge a measly year later than I wanted. As you can see, I do not have access to nearly as much as you would if you joined the Millionaire Challenge. I may have saved $1,000 doing this the extremely hard way. I have been struggling like crazy to work my ass off to understand the material I have tried cheaping out on. 

Conclusion

I can’t tell you whether or not the Challenge is for you. That is 100% up to you. I don’t know what you know or have experience with. I don’t know how you learn or what you need. But I know myself and I wish I wasn’t in such a rush to begin my education thinking that I could cheap my way to success. I couldn’t learn from only the no-cost content. I had to purchase what I could afford at the time instead of realizing I could set aside all this money for a year and would’ve been able to join the challenge. I didn’t even realize this until I just did that math above. 

So, what is it worth to you? Do you want to be like me and try to “cheap out” on education and end up paying more in the long run or would you rather gain the patience, understand hard work, know what your education is worth to you, save, and then join Tim’s Millionaire Challenge like I wish I would’ve thought about a year ago.


Food For Thought

I want to thank you all who made it through this post. I apologize for it being so long but I really wanted to provide you guys with as much content as I could and give you a perspective that I didn’t even consider when I first started my trading journey. I was like most and wanted to do it NOW. I am not saying not to jump right in and start your subscription today, but assess your knowledge level and what you need to achieve and how you plan on achieving it. Do you need that extra help that Tim’s challenge provides and more or are you willing to miss out on a lot of information like me and hope you can figure it out on your own? The decision is yours.


Thank you all and I wish you the best!





I want to provide a small disclaimer:

I am in NO way a professional nor do I claim to be. I do not manage anyone’s money nor do I want you to follow my trades. My posts are solely for entertainment purposes and for myself to become more transparent on my trading journey. I use these posts to track my own progress. I do NOT recommend you try my strategy or jump into trading without a verified guru/teacher. I am an untrained trader who has been practicing for a few months and a few days with paper trading on StocksToTrade. I am up +$7000 since the month of June 27th, 2019. By the time you read this I may or may not have traded the stocks I post about. I will not guarantee you will profit from trading as 90% of traders lose. To become consistently profitable is not a typical result. I am in NO way responsible or liable for your decisions or actions as a trader. I, again, am not professional so there will be grammar and spelling errors. Just because I suggest something does not mean your results will be the same as mine if you try. My suggestions are what I am doing, have tried, and what may have or may have not worked for me. Also, make sure not to invest with anything you are not willing to lose, Cheers!

                             Hello there, My Name is Tessa Lamping and 
                                    thanks again for reading my blog!
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