Pennystocking Silver is a premium subscription service created by Timothy Sykes that focuses on penny stock trading. Our Pennystocking Silver review will break down everything you need to know about this service so you can decide if it is right for you.
Pennystocking Silver Review: Overview
Pennystocking Silver is a subscription service founded by Timothy Sykes, a well-known member of the penny stock world and financial services industry as a whole.
The service provides users with real-time trade alerts and ideas throughout each trading day.
It also includes stock watch lists as well as video lessons to help you understand why certain trade opportunities are being recommended.
What Platform Does Tim Sykes Use to Trade?
Timothy Sykes has a list on his site for trading platforms, and one of his top suggestions is StocksToTrade.
This is followed by Robinhood, TDAmeritrade, and more.
The platform that PennyStocking Silver is provided on, Profit.ly, allows for broker integration to track trades.
Is Tim Sykes’ Pennystocking Silver Legit?
Pennystocking Silver is a legitimate platform that is especially helpful for new-comers learning to hone their skill sets.
These trading education tools are regarded as some of the best and most extensive out there.
This all sounds good, but who is Tim Sykes, and does he have the credentials to back up his program?
Read our Timothy Sykes review to find out.
Tim Sykes Review
When it comes to penny stocks, Timothy Sykes is considered one of the best traders around.
Sykes turned $12,000 worth of Bar Mitzvah gift money he received from his parents while enrolled at Tulane University into well over 1.65 million dollars as a day trader.
He tried trading on Wall Street but quickly realized that this wasn’t financially beneficial, especially as his portfolio was small at that time.
It was in trading penny stocks that Tim Sykes found success.
He is the co-founder of Profit.ly, a stock trading platform that attempts to take the guesswork out of trading by introducing measurables, transparency, and trading strategy optimization through data-driven initiatives.
Let’s take a quick look at Profit.ly because it’s the platform that’s used to sign up for Pennystocking Silver.
Profit.ly is a trading hub where folks can connect and learn from gurus as well as a robust trading community through chat rooms.
In addition to chat rooms, this platform also has a wealth of fantastic analysis tools that can help you track and monitor your trading performance.
Profit.ly is reported to have around 120,000 members, which means that there are plenty of insights to go around.
One of the highlights of this trading hub is that it has a no nonsense attitude to dishonest actors.
If someone gives the impression that they’re selling snake oil or being less than transparent, members are encouraged to alert support by clicking the “Madoff” button.
Timothy Sykes Is Known for Mentoring Profitable Protégés
Over the years, Tim Sykes’s trading strategy has inspired many people, and he has his fair share of millionaire students who have benefited from his tutelage.
Thanks to the Millionaire Challenge — the VIP mentoring program that Tim Sykes provides — Tim Grittani and Michael Goode became his first two millionaire students, with several others to follow.
Timothy Sykes’ work has been featured across mainstream television, including Larry King Live, the Steve Harvey Show, CNN, Fox Business, CNBC, and others.
What Is Tim Sykes Trading Strategy?
Tim’s trading strategy centers around technical analysis.
Tim’s trades are built mainly off stock charts, using them as his foundation to arrive at many of his trading decisions.
He typically shorts penny stocks, identifying any penny stocks that are moving and buying them when their momentum is peaking.
Once the momentum drops, Tim Sykes sells them.
Typically, he doesn’t hold his stocks for long, rarely going beyond two days.
Tim Sykes also pays attention to paid promotions and news catalysts, utilizing these elements to help him and the folks he teaches to improve their strategies.
What Is Included in Pennystocking Silver?
Pennystocking Silver has a wide range of trading services and learning software to help people with their day trading by teaching them how to trade penny stocks.
Tim Sykes offers the following features with his premium subscriptions service.
Tim Sykes Chat Room
Tim Sykes’ chat room is one of the most notable features of the Pennystocking Silver platform.
Through the Profit.ly website, where Pennystocking Silver is based, Timothy Sykes operates a chat room alongside other moderators, including Michael Goode, one of his chief millionaire students.
The trading chat rooms also feature other moderators with trading expertise.
Through the Tim Sykes chat room, members can see live trade alerts, otherwise known as TimAlerts, to help them get a full view of the trading market.
The only drawback, however, is that Timothy Sykes isn’t regularly active in the chat room.
Typically, Tim’s Alerts are sent via smartphone or email to take action in real-time by members whenever important trade information is available.
If you can catch the trade alerts immediately, you can trade similarly to Timothy Sykes.
If you don’t catch them quickly, then you’ll struggle to find a solid entry point.
Tim Sykes’s chat room on Pennystocking Silver makes it clear that you shouldn’t copy Tim Sykes’ trading decisions but rather understand the psychology behind his strategy so they can make wiser choices in the open market.
Pennystocking Silver members get full access to his chat room, which provides consistent commentary through each trading day.
There’s a members area reviewing trades that take place daily and lets them see the activity of other people trading.
Thousands of members enter the chat each day, making the chat room quite busy at times.
Daily Watch Lists
Timothy Sykes provides daily watch lists that feature his best ideas and trading strategies.
The watch list mainly features five to 10 stocks each day.
Each of Tim Sykes’ watch lists is accompanied by video lessons that offer detailed reasoning for why each watch list is there.
The watch lists and video lessons are helpful; however, Tim Sykes doesn’t lay out an entire trading plan for each watch list named.
This means you will have to formulate plans on your own by utilizing the knowledge that he provides.
Tim Alerts Review
Whenever Tim Sykes makes a trade or exits a trade, you’ll get Tim Alerts sent to your phone or email.
These real-time trade alerts are also included as push alerts sent to notify members of trading activity, even when they are away from their computers.
Because penny stocks are volatile stocks and move quickly, members may need to act fast to capitalize on these alerts.
Video Lesson Library
Tim Sykes’ video lesson library is wide-ranging, featuring over 6,000 video tutorials.
Every aspect of the stock market and trading penny stocks are covered through Tim Sykes video lessons.
The video lesson library includes an array of topics that cater to specific financial tools and stock market elements that members may find valuable.
These topics include, but are not limited to:
- Day trading penny stocks
- Technical analysis
- Swing trading
- Morning spikes
- Small-cap stocks
- Large caps
- Sideways price actions
- Fading volume
- Boxing positions
Admittedly, some of the videos that are included in the library are outdated.
However, they provide useful historical data and trades that allow traders of all experience levels to perfect their respective crafts.
Every aspect of penny stock trading is covered in Tim Sykes’ video library on Pennystocking Silver, including a look at hot penny stocks and tips on how to spot trends.
The Timothy Sykes videos on Pennystocking Silver are categorized by topic to make things easier for members.
You can study chart patterns like “supernovas” and “morning spikes”.
You can also learn about morning panics and afternoon fades, dip buys and intraday panics, plus plenty more.
There are even lessons about the oil industry, which is important because many oil companies’ stocks are traded on the penny stock market.
Weekly Video Lessons
Each week, Tim Sykes and Pennystocking Silver post weekly video lessons that offer recaps.
These videos are posted to the members’ area, reviewing trades as well as technical analysis.
The videos are detailed and are particularly helpful for people looking to analyze hot penny stocks in real-time.
They are reliable resources for people looking to learn the ins and outs of penny stock trading.
How Much Does Tim Sykes’ Pennystocking Silver Cost?
The Pennystocking Silver plan is the midrange plan and arguably offers the best value.
The Tim Alerts program is the most basic plan, while the penny stock Millionaire Challenge is the VIP plan that teaches you to learn the same skills that he taught his most successful students.
Members pay $149.95 per month for the Pennystocking Silver Plan.
However, when you use the annual plan, you can save up to 28% with a discount.
With this plan, you get Tim Alerts and accompanying stock watchlists.
You can access the video lessons, learn how to spot patterns on charts, and get live commentary so you can improve your trade instincts.
You can also access tips on how to find a stock to short and know when the best times are to buy stocks.
No discounts or free trials come with the monthly plans — aside from the annual discount.
Is There a Pennystocking Silver Coupon Code?
Currently, there does not appear to be a Pennystocking Silver coupon code.
Signing up for an annual membership does provide a sizable 28% discount, however.
Pennystocking Silver & Profit.ly Cancellation Policy
To cancel Pennystocking Silver, you’ll need to reach out to support through Profit.ly.
The terms and conditions outline that refunds are solely at the discretion of the company, so there are no guarantees, and it doesn’t seem like they are common practice.
This appears to be the same process and conditions to cancel Profit.ly accounts as well.
If you want to test drive the service, you might want to consider a Pennystocking Silver monthly subscription, so you’re not on the hook for a full year.
Though, you’ll miss out on a hefty discount.
Pros and Cons of Pennystocking Silver
Pennystocking Silver has a lot going for it, but it does have a few drawbacks.
Read on to see what we found.
Tim Alerts – Tim Alerts are sent through SMS, which makes them much easier to keep an eye on rather than constantly refreshing your email inbox.
Learning/research tools – Pennystocking Silver really shines with its educational resources that help teach the ins and outs of penny stock trading.
Technical analysis – Allows members to better spot chart patterns and understand penny stock trends as well as other quirks within the stock market.
Timeliness of Tim Alerts – If you’re not quick on the draw, then you may not find Tim Alerts to be particularly useful.
Pennystocking Silver Reviews
Tim Sykes’ Pennystocking silver is praised for being an excellent place for trading ideas.
In fact, this research service has earned a 4/5 rating on Investimonials over its more than a decade run.
Take a look at what others have to say about Pennystocking Silver.
While these views are impressive, it’s important to note that some of them are years old.
We couldn’t find reviews on any other third-party reviews site.
Is Timothy Sykes’ Pennystocking Silver Worth It?
Considering Tim Sykes’s track record, the learning tools, trading courses, and automation provided by Pennystocking Silver, this program could be a powerful tool for folks of all experience levels.
Pennystocking Silver can also be a solid introduction to the penny stocking world and stock trading as a whole.
As a trading service, few are this detailed and ideal for helping people master the stock market.