Trading Tickers was released in 2015, perfect for traders with limited trading experience. With all the attention Tim Grittani received from the media coverage, he decided to release an educational DVD to share his knowledge on day trading. This sparked a wave of attention on social media, with thousands of aspiring traders eager to learn how he achieved this milestone. CNN Money and Fox News even featured him in an article detailing his journey from beginner to penny stock millionaire. Due to his success in the millionaire challenge program, Tim Sykes heavily promotes him to prove that day trading penny stocks can be lucrative. To find suitable setups Grittani will track specific criteria, for afternoon breakouts he will look at stocks up at least 10%, trading above average volume, breaking out after 2:30 pm and no upcoming major resistance levels ahead.ĭespite early losses, Tim Grittani recovered and built an impressive track record on Profit.ly. ![]() He has thousands of excel spreadsheets, tracking setups and chart patterns to gain a statistical edge.įor example afternoon breakouts is a pattern he loves to trade. It’s well-known Tim is very analytical and doesn’t place trades based on instinct. In addition, level 2 and charts are used to time trades to increase the likelihood of profits. He trades stocks purely from the technical side, using basic support and resistance to follow the price action. Tim doesn’t care about the fundamentals of companies or what the press releases say because hype is meaningless. He made easy money short selling over-hyped stocks pumped by stock promoters. Grittani made his first million focusing on momentum OTC stocks & pump and dumps. Let’s not forget Investors Underground also served as a huge inspiration.Īfter losing thousands in the beginning, he soon realized it was time to develop a strategy to make consistent profits. Why he bought and sold at a certain price. He would review Tim’s video lessons later that day to understand the reasoning behind his trades. Solution: learn from Sykes’ alerts instead of blindly following them. He soon realized this wasn’t working and had to begin thinking for himself. Grittani wasn’t able to match the entries or exits on the alerts because penny stocks are too volatile and hundreds of other students were copying trades. Like so many of Tim Sykes’ students, he thought copying his trades was a good idea. He foolishly tried following Tim Sykes’ alerts. Despite all the video lessons and advice from guru’s like Michael Goode and Nate Michaud, he was at $3,500 by October. He also used Suretrader which are now out of business but now mainly uses CenterPoint Securities as a broker – the account minimum is $30,000!īy August of 2011, Tim Grittani was day trading penny stocks full time. Back then the PDT rule was a significant obstacle to get around and he didn’t have suitable brokers back then, so he was unable to get the best borrows. To help overcome the pattern day trader rule, he borrowed $11,000 from his parents and opened multiple broker accounts. Once he regained his confidence back, he started trading again in May 2011 with $3,000 with thinkorSwim. ![]() While still in college he studied video lessons and participated in the chat room. Grittani followed Sykes for three months and joined Pennystocking Silver. In February 2011 he found Timothy Sykes, this gave more structure to his trading style. He opened up a $500 account with Sharebuilder but lost 50% within two weeks.Īfter this, he took some time off to get a better trading education before risking more money. Tim was a finance major at Marquette University and was drawn to stocks from his background in sports betting and online poker. Most of this fortune has come from day trading and about 5% from selling an educational DVD – Trading Tickers. It’s estimated Tim Grittani has a net worth of $10 million in 2021. Grittani is now rated as the best penny stock trader in the world.ĭespite the huge trading profits he’s made, Tim remains a cool, humble guy. Fast forward to 2022 and the student has become the master. He spent the following months studying Sykes’ strategies hoping to learn from his success.ĭespite a rocky start, the modest 30-year-old went on to become Tim Sykes’ second millionaire challenge student at the end of January 2014. Tim Grittani is a day trading superstar known for turning $1,500 into $13.4 million within 8 years! He only began trading penny stocks in 2010 after discovering Timothy Sykes while searching online.Īt the time, Grittani was studying finance and was keen to use his degree after graduation.
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