Is Tim Sykes’ Trading Challenge a Legitimate Service?
What is it?
The Trading Challenge is a popular stock trading mentorship program created by the legendary stock trader, Tim Sykes. The program provides members with exclusive access to Wall Street grade trading tools, hundreds of hours of training and daily live interaction with Tim and other experienced traders with the goal of improving the skills of its members so they may generate more consistent success trading stocks. The service was originally launched in 2011, and has amassed more than 20,000 challenge students since that time.
How it works
The Trading Challenge (often referred to by students as “the Millionaire Challenge”) is founded primarily on Tim Sykes’ famous penny stock trading formula. Tim first discovered the unique strategy when he was in high school, and he used it to turn his small starting sum of $12.4k into $1.65 Million within 3 years. Since then, Tim has dedicated the last 26 years to perfecting his strategy, and turning it into a simple and repeatable formula. And that dedication is immediately apparent when joining Tim’s flagship mentorship program. According to students, it’s not just another trading course—It’s a step-by-step roadmap to becoming a successful trader that anyone can follow, as long as they’re willing to learn.
Every Monday, Wednesday, and Friday before the opening bell, students get to join Tim Bohen, one of Tim Sykes’ first students, for an exclusive live trading session. Then every Wednesday at 9am or 4pm, they get to join the “Millionaire Maker” himself, Tim Sykes. These live sessions give you direct access to two traders with nearly 50 years of combined market experience.
Challenge students also get to join bonus live training sessions with many of Tim’s top millionaire students like Tim Grittani, Jack Kellogg, and Matt Monaco every month.
In addition to the live sessions, students also receive real-time trade alerts from Tim Sykes through his Weekend Trader and Supernova research services. As well as hundreds of hours of training content inside of the Challenge course library.
Other member benefits include:
- Access to the StocksToTrade trading software platform, including an expansive preloaded library of indicators & studies.
- Access to a Challenge Chat Room, Breaking News Chat Room, and Profit.ly Chat Room, where Tim Sykes and many of his top students are regularly engaged and frequently calling out trade setups and relevant market news.
- Access to the “Sykes Sliding Scale” which now uses real-time data to score stocks based on Tim Sykes’ famous formula, allowing traders to cut out the emotional noise, and clearly see which stocks are primed to break out at any given time.
Is it any good?
Tim Sykes’ Trading Challenge is widely reported to meet or exceed the expectations of new members. Tim Sykes has an average rating of “Excellent” (4.5), on the independent review site Trustpilot, with 93% of the more than 512 member-submitted reviews being 4 or 5 stars. (Verified member testimonials shown below.)
In a review of Tim Sykes Challenge students, it was noted that the program has now produced 46 Millionaire traders, and countless others who have made multi 6-figures. This is impressive, as it would be extremely unusual for an individual trader to achieve this milestone on their own. However, these examples cannot serve as any guarantee that such performance would continue in the future.
Challenge students support staff is based in the USA, and is notably responsive to member support requests and technical questions.