Penny stock daytrading’s popularity has skyrocketed in recent months, and the amount of retail investors, people like us investing in the markets has jumped exponentially.

In today’s episode we talke with Timothy Sykes, one of the foremost experts in the penny stock daytrading area. He talk about:

* Working with a plan* Daytrading without a plan is gambling* Learn from your mistakes* Always expect the worst and have a plan for that outcome* Always try to learn and be patient

For more insight into Timothy’s methods, check this out:

Timothysykes.com

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

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Transcript

Announcer (00:02):

I love this podcast because it crushes your dreams and getting rich quick. They got me into reading stats for anything you’re tuned in to the Investing for Beginners podcast led by Andrew Sather and Dave Ahern. Step-by-step premium investing guide for beginners. Your path to financial freedom starts now

Dave (00:33):

Welcome to the Investing for Beginners podcast. Tonight. We have a special guest with us tonight. Tonight. We have Tim Sykes from Connecticut. Tim is a great guy. He’s very entertaining, and he has a lot of great stuff he’s going to share with us tonight. So he has a great story. And Tim, why don’t you go ahead and tell us a little bit about yourself and thank you for coming and joining us.

Tim (00:53):

Sure. No, thanks for having me on; you know, I was just a tennis player growing up in small-town Connecticut when I got injured and got into the stock market. My parents gave me control of my roughly 12 grand in bar mitzvah, gift money. You know, they, they said, Hey, have fun with it. They thought that I would lose it all in the stock market. It wouldn’t be a good lesson.

Tim (