The Iced Coffee Hour - Confronting Millionaire Timothy Sykes | Why I Lost Money Day Trading

Episode Date: November 11, 2020

Today we're speaking with Day Trader Timothy Sykes and we cover different. topics such as- how I lost money day trading, gurus,  and working 18 hour days. - Enjoy! Add us on Instagram:  https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan https://www.instagram.com/timothysykes Send any voice submissions to [e-mail]  (10-15 seconds max) can be about anything- and we will respond in the next podcast! Get 2 Free Stocks on Webull when you deposit $100: https://tinyurl.com/yd9slfax Join the 2x weekly mentorship group: https://tinyurl.com/yaexko4o The Equipment used: https://tinyurl.com/y78py5g2 The YouTube Creator Academy:   Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://bit.ly/2STxofv $100 OFF WITH CODE 100OFF  For Podcast Inquiries, please contact [e-mail] *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Amazon presents Laura versus Fruit Flies. Swarming your fruit and terrorizing your kitchen, these little freaks multiply at a rate that would make a rabbit say, yo. Chill. But Laura shopped on Amazon and saved on cleaning spray, countertop wipes, and fly traps. Hey, fruit flies, your baby boom ends here. Save the Everyday with Amazon. What's up? This is Tim Sykes here. I am here with these guys on Ice Coffee Hour. This is the 25th ever episode. We have made $12,418 in AdSense so far.

That's an incredible intro. You nailed it. That was good. I'm pumped. Usually it works like two or three times, but you got a first try. I've been doing this a little bit. This is the first time I think we've had to do that with no cuts at all. Yeah. Your life is... You gave me, you told me what to say. But it's crazy that I started with $12,450.15. Like that, I literally thought you were talking about my... bio when you said that number and I was like no this is hilarious so I've mentioned this to you before so this is a cool podcast because now we've been in three Jubilee

episodes together yeah so that's how we met but I actually found you I was like 13 years old I think 13 or 14 years old I had just got a laptop my first ever laptop and I got really into the stock trading penny stocks and it was through

you that got me into trading penny stocks in the very beginning sweet well good and bad Good and bad. So I scrounged up all the money I had and I doubled my money in like a few months. Then you got cocky. I lost pretty much all of it. It happens. That's what happens without rules. This is why I teach.

Yeah. So how much money do you make? If you're under 18, by the way, get parental permission. Yeah. So I think I started with like, gosh, I used all the money I had saved. Maybe it was like a thousand, 15, but I can't remember somewhere around there. And then I basically just went in like random penny. stocks and I thought I knew what I was doing and I doubled I think I made like

1500 or two grand on that and I was so excited about that I'd wake up before school I trade stocks and I go to school there was Wi-Fi there and I tried to trade during class and they would catch me and then yeah I just I had a series of just bad trades where one of them like lost because I would go all in and out so I was thing like I go all in paying attention to my lessons I say never go all in rule number one is cut losses I wanted to make money because I remember your tagline what was it yeah You went from...

12 grand into 2 million before I graduated college. That was it. But I always cut losses quickly. I got cocky once upon a time, too. I lost 500 grand, so your loss was... How did you learn? Well, hold on real quick. We got to make sure we have a proper introduction.

Hi, cool. So Tim Sykes, you are a stock trader slash YouTuber and Jubilee participant. Teacher, traveler, philanthropist. There you go. YouTube is a little down the list for me. But I tried to just get my lessons out, and I should have taught you more. I'm sorry, I didn't reach you in time.

You know, but this is the thing, 90% of traders lose. So even though now I've actually made roughly 6 million in trading, I donate all my trading profits to charity. I show my screen. You can see me, you know, doing my thing and seeing what charts I like. But rule number one is cutting losses quickly. 90% of traders lose. It's probably like 93%. I tried and I lost.

You're typical. I wasn't being greedy, though. Like I had my set percentage profits that I was shooting for every day, and I just never hit them. But it's just not an exact science. But also, 2020 is crazy. Were you trading this year or before? No, it was last. It was about a year and a half.

No, it was probably a year and a half two years ago. So the market in 2020 is crazy. Like I made nearly a million dollars this year. Last year, I only made like $125,000 trading. It's like 10 times as much this year. So, you know, not all years are created equal. But it's also not an exact science, too. Like you can set your 15% goal.

The market doesn't care what your goal is. It might just rise seven. percent, then you've got to adapt. So it's like teaching an inexact science. Got it. Which is very difficult. Like if you're a math teacher, five plus seven always equals 12. But for me, I'm like, no, if the mark is different, five plus seven can equal 14.

And people are just like, what? All right. Let's slow it down. Yeah, okay. Let's slow it down. I can't slow it down. How much ice coffee have you had today, man? I'm pumped up.

I've had, I didn't even drink coffee like the past few years. The past like two years, the past few years, people told you you need to stop drinking coffee. No. I got to drink more. I got to up it, you know? I actually was drinking any energy today. This is good. Anti-energy?

Anti-energy. What's that? So this is Bryce Hall. He's like one of my like YouTube friends. Okay. TikTok friends. And he has any energy. So I was drinking that today.

I've never had it before. So I'm a little more. What's in it? I don't know. We'll find out. We'll see. We'll see how long he goes. Wait, so he sells an energy drink or what is it?

Yeah. Any energy. You just like him and his friends like just started. They gave me a TikTok. Bryce is a TikToker. Yeah. TikTokers. As a teenagers need more energy, that's the thing.

Like, I remember how much energy I had when I was like 18 or 19 compared to now. Yeah. I did not need more energy. I do because I'm just working so much harder. There's so many more stocks. I, you know, I have many more students this year, so I'm just like trying to keep up. It's a good problem to have. Yeah.

So let's talk about your journey. Okay, from the beginning until the end. Give us the, give us the summary. There is no end. But, no. So my parents gave me control of my bar mitzma money, $12,415. That's a lot of bar. Mitzvah.

So I got someone. I should do a bar mitzvah. You should have one. I should have one too. He's Jewish? Yeah, yeah, I am. Do it. I think that's a great way to make money.

You know? I'm 22. My mom is Jewish. So technically that makes me Jewish. Anytime. Your mom's Jewish? She is. So is mine.

Yeah. I think it's a good way. But I, you know, I was a tennis player and my grandfather was like responsible for half of it. He offered me a tennis court or cash. And I was like, cash. Okay. I'd like doubled it.

It would have been like six grand. Okay. But I had surgery on my arm. I had Tommy John surgery. So I couldn't play tennis. I had the 12 grand sitting in like Series E, Bond senior year of high school. My parents gave me control of it thinking like I would lose it all in the stock market. But I was like, no, I'm obsessed.

I started really focusing on different charts. Back then, you know, when I first got started, this was 1999, 2000. I'm old. But how did you learn? So this is what I'm getting into. So back then you had dial up internet. Nothing like would load fast. I would skip class because I was already into college, early admission.

I would make friends with the librarian, go to the library bank. You know, like where there's like 12 computers in a row, right? So I would load one webpage on one computer and while it was loading, I would go to another. So I was like kind of crazy mad scientist loading different web pages and making friends with a librarian so that I could research. But I learned it all the hard way. And, you know, I was there at the right place of the right time. 99, 2000, you could be an idiot and still make money. You're just buying any stock that goes up.

Were you looking into candlestick charts or what was your, how would you pick stocks? So at first I was an investor, but it was, my account was going nowhere for like, three months. It was like 12,400, 12,600, 12,200, and I was like, this is terrible. And I'm sitting there with two casts on my arm. I can't play tennis. I can't really do anything, but I can type. So I gravitated towards lower priced penny stocks, which the whole world hates because of Jordan Belford, because he scammed entire generation. But those kinds of sketchy companies can double or triple in a day. So back in 99 and 2000, the hottest companies were Netscape, Yahoo. I couldn't afford those stocks. They were like trading at like $60, $100 a share. I wanted, you know, smaller

companies. So I gravitated towards these little piece of crap penny stocks and they would spike 50, 100, 200 percent. I would never go all in, but I would put in like three or four grand and try to make like a grand on the trade. So I'd take a piece of my account and take a piece of the move. And I do that over and over again. I was so lucky. I say I'm like Jewish Forrest Gump. Like back in 99 in 2000, I was piggybacking these boiler rooms. I didn't know about boil rooms. No one knew about them until they got exposed in 2001. But I was just buying these penny stock breakouts and I was like, this works almost every time. This is like magic. What I didn't know is that boiler rooms were calling naive financial people at dinner time, the beginning of like telemarketing.

Yeah. Pitching them on these penny stocks and they would put in their buy order at the market open the next day and the prices would bid up 15, 20%. So I would buy these stocks that showed the right pattern at like 340, 3.45 p.m. Eastern. Market closes at 4 p.m. Eastern. They get the telemarketing call at 6 p.m. They put the buy order in at 9.30 and I'm selling into the people who are getting marketed at night. How did you find those stocks? So I've always just looked at big percent gainers. Stocks that are up 15, 20, 30, 50 percent, 100 percent in the day. Every stock has like an amazing story, but they're almost all full of crap. So for me, I just want to make sure that they're in play. So that's why 2020 is so crazy because I'm trading hand sanitizer stocks. I'm trading vaccine stocks,

electric vehicle stocks, whatever sector is hot. But back then, I had inadvertently piggybacked on the boiler rooms calling the people at like dinner time. So I was in the stock. before the boiler rooms were calling. Okay. And I didn't know. I was just following the path. So how long were you making money from that? So senior year of high school,

I made about 100 grand off my 12 grand, which was a lot, you know, from a small town in Connecticut. Okay, did you lose money? Because when you say, like, you had 12 grand and then senior year, like, how long were you trading before that? How long did it take for you to learn

and equipped yourself with the techniques? So three months, I was, my investments were going nowhere, and I was boring. And then I gravitated and I got lucky with this, pattern, it was literally within three months. And within six months, I had made 100 grand. And I wasn't winning every time, but it was winning like 90 to 95% of time. You have to understand. The companies were scams. They were getting called about boiler rooms. Like boiler rooms were pitching the stocks. How did that work? Explain a boiler room. I mean, I love the Wolf of Wall Street. So you see Wolf of Wall Street. This is, I mean, Wolf of Wall Street is pre-Internet, but telemarketing was the same thing. So they call up people at dinner time like, hey, we've got this great company. I got your name off this list. But, but but I have this great pick. The stock's trading at two bucks a share, but they have such a great technology.

It should be worth like $50 a share. And the people at home, they're like, no, no, they're about to hang up. But then the boiler room operator is trying to market and pump it up, saying like, this has great potential. Just give me a chance. I want to be like, you know, it's everything in the Wolf of Wall Street. So give me a chance. So they buy 5,000 shares.

And again, because they're calling at dinner time, the buy order doesn't go in until the next market open at 9.30 a.m. When the market opens. So for me, I didn't know anything about the boardrooms. No one knew anything. I just saw stocks going up into the close. And I was like, huh, when they go up into the close a certain percentage, like 20, 30%, and they're a low price stock, they usually gap up the next day. So when all the people who got called at dinner time would put in their buy orders, just trusting their telemarketers who called them, those buy orders would stack up and the stock would gap up 15, 20%, and I would sell.

So I'd buy it at 3.40, 3.45 p.m. in the afternoon. sell at like 9.32 a.m. So when the people were buying stocks after hours, were they just buying it? Not after hours. During market orders. But if they call it dinner time and they place an order, is that just a market order the next day?

So they're going to pay a premium like 20%. Exactly. And that's the thing. So that you're using market orders, this is another thing like Robin Hood these days right now. So part of the reason why 2020 is so much like 2000, Robin Hood, the brokerage, right, uses market orders. So everyone gets all excited at around 9.30 a.m.

all the Robin Hood buy orders right now in 2020 are piling up at 9.30 a.m. And the stock explodes between 930 and 935 as all the Robin Hooders get executed. So how does after hours trading work? Because I've done that with like Tesla stock. Got a little bit after hours, it posts. How does it lock in that price? So back in 1999, 2000 and now, I mean, I trade a lot of penny stocks. They don't trade after hours.

So all the orders pile up. It's like a powder keg right at 9.30 a.m. Eastern. So Tesla, Amazon, Apple, they all trade like until 8 p.m. Eastern. So if there's news at like 5 p.m., 6 p.m., you can still trade it until 8 p.m. And you can actually get up early in the morning. You can trade it at like 4 a.m. if you really want to get no sleep the next day. But with penny stocks, the stock closes at 4 p.m. Eastern.

Whatever happens between 4 p.m. Eastern and 9.30 a. It doesn't matter how many buy orders or sell orders. Everything gets executed right around 9.30. Got it. So there's a chance, though, that everyone wants to sell after hours. And then it gaps way lower. Gaps down. Correct.

So that happens sometimes, like one time I slept in because it didn't work 100% in the time, but sometimes like the boiler room, you know, maybe they didn't make their calls. Maybe they got raided by the FBI or something so the calls weren't made. And one time I slept in and the stock dropped 50%. And I lost like 18 grand. There's nothing I could do. It was just, well, this didn't work. Got it. So you made 100 grand by high school. What senior year of high school? What did you spend that on? Nothing. I didn't take anything out because I was too focused on trading. And then freshman year in college, I made about 700 grand. So I parlayed that 12 grand into over 700 grand. Same pattern. Just taking bigger positions. I'll tell you one, my favorite pattern.

Freshman year in college, I couldn't even like get into bars. I had like three fake IDs taken away from me. I'm like so skinny. Now I have the reverse parlor. Now I eat like celery and I gain like 30 pounds. But back then I could eat like anything and I was so thin and like it just looked weak. But I was trading these stocks. And so it wasn't just boiler rooms. Again, I focus on these patterns like when will there be a lot of buy orders piling up at the market open? So I was stupid kind of like you like in the beginning, I was like aggressive. And I put in, when I had made a quarter of a million dollars, I put in $175,000 in one stock over the weekend.

Yeah. This company said that they could cure back then, like you had cell phone fuzziness problems. Like if you had a, it wasn't even like a cell phone. It was like, it was like a cord. It was like old school cell phones. And there was fuzziness. And they came up with this whole scientific explanation. We can fix the fuzziness problem.

And, you know, whether or not it worked, there were no exposés back in 2000. They came out with a press release on Friday. saying, hey, we were just interviewed by this TV crew. It's going to air on Sunday. During the week, because the people were excited about the technology, not a boiler room, just technology. The stock had gone from 5 to 17. So it had already tripled in one week.

I put in 10,000 shares, because I was an idiot, just being aggressive. I was like, well, they said they were on TV. It's got to be positive. Sure enough, it was positive on Sunday. I thought I could just sell the 10,000 shares at like 20, make like 30 grand. But instead, because of all the buy orders piling up, at the market open on Monday. And because the TV was so positive,

I ended up selling it around 29 and locking in 120 grand in profits. Wow. That was my biggest profit ever at that time. And I was like, I'm thinking to myself, like, I can't do anything. And I'm like downloading illegal movies on Merck. And I'm making 100 grand plus in a day.

And the thing, I didn't even have to sell it. I was like so worried about, you know, selling it right near the market open. It didn't even matter. It spiked up to 50 the next day. And what about taxes? Did you take into account taxes back then? So I always just, you know, have an accountant.

He's actually been with me since the beginning. And I just pretty much paid like 40%. 35 to 40%. Got it. Yeah. Okay. Questions you have, Jack? Yeah.

So at that time, you weren't spending any money. It was basically all being... Correct. And I remember I went to red lobster once to celebrate. And I ordered, like, extra lobsters. That was my one celebration. How many pounds? How many pounds?

A lot. That was the beginning of when I started eating too much. Oh, no. Lobster is so good. That's by one food. I purposely don't treat myself. the lobster because it's so good. I wanted to still remain special.

Really? I got in a fight with my rabbi because I was like, I love lobster. Lobsters not kosher and I'm like, I'm Jewish. It tastes like butter to me. No, I love butter. If you add butter to it,

game over. It tastes like crab and it tastes like butter. It's just like a little bit like king crab. What Red Lobster used to do on Tuesdays, it was like all you can eat king crab Tuesdays. I don't know if you remember this. So my dad and I would go right when, like we're,

you know, it used to be frugal too, right? So like we would go right when they opened at 5.30. We would eat as much crap as we could. We're full by like 6.30. Then we just sit there, right? And we're like drinking water. Like we're like just chilling.

And they're like, the waitresses are like confused. But then we're going ready for round two until like seven. I used to do that. There used to there's a casino in California where every, I think it was a Tuesday or a Thursday night. They had all you could eat lobster buffet. Yes. And so we would get there. I think at like 4 p.m. when they opened.

And just stay there until about nine. That's fantastic. And you just keep eating and keep eating, keep eating. I think it was like 40 bucks, but I would eat like $200 or the lobster. No, it's fantastic. I got paid basically to go and eat lobster. I did. In Florida, there was another restaurant that had all you can eat lobster.

And I had a competition against one of my friends. His name is Russell. And we're going back and forth. I did 13 and a half lobsters. Because they were cut in half. Oh, man. And I was like, but that was just. But those are little tiny ones.

No, no. They just got to be like a pound eat. They were. No, no. They were regulation. So it's like a pound and a half minimum. Right? If you get into like these...

So you ate... 13 and a half. But here's it. But the actual meat itself is not... But it's like the shells. Yes. I still had a lot. It was...

I don't recommend 13 and a half. So I would say it's got to be an eighth. So whatever it weighs, maybe about an eighth of that is actual meat. Because the claws way, the shell weighs. So let's say you wait like two... But in the beginning, I was an idiot. I was like, I didn't know I was going to go to 30. I didn't plan this ahead of time.

And I'm dumping it in the butter. And I'm like, yeah. And by the end, I'm just like, I have to win. And I won. I had 13 and a half. You had 13. Interesting. All right.

So you made all this money then. When did you drop out of college? You dropped out, right? You did not drop out. I just assumed. Finish college. But I started the hedge fund. So I had made like 1.65 million.

I started the hedge fund senior year of college because I thought that like, oh, I turned a few thousand to a few million. I can do anything. Wrong. Right. I'm really good at these little patterns. From 700,000 and 1.65 million, I actually short sold because there were no more penny stock breakouts in 2001, 2002.

They all collapsed. That's when the boiler rooms were exposed. So I literally, I made $700,000 in the first four months of 2000. The last eight months, I lost $10,000. So it was very focused on these one breakout pattern. Then I learned short selling. But then again, I'm dealing with these fast-moving stocks and I'm taking like 10,000 shares, 50,000 shares, 30,000 shares.

But it's not scalable. I can never make billions of dollars. These stocks move too much. There's too much slippage each way. So I started the hedge fund. And for three years, I was the number one ranked hedge fund. you know, for short selling, making like 200, 300 grand per year, but not doing much. Like I barely went to class.

I'm trying to like take meetings. Sometimes I would take a meeting and miss class. Sometimes I would miss, you know, a trade for like a meeting. And like I just, you did this in college? Yes, senior year of college. Why did you start a hedge fund? Why not just keep trading for yourself? So I wanted to take bigger amounts and I didn't have that much money.

Like, you know, I made $1.65 million, but after taxes, we're talking like a million dollars, basically. And I was like, no, I need to have like, My hedge fund only got up to like 3 million. But still, it was like 2 million of other people's money. Who else invested? How did you find it? Family, friends. You couldn't advertise hedge funds back then.

So, like, I didn't know. What was your annual return on the hedge fund? So I was making like 20% per year on like, you know, a $2, $3 million hedge fund, which is decent. But it wasn't like huge money given the small size of the fund. And then I made my fatal mistake where I invested in my best friend's dad's company. I threw out my trading rules, throughout all my risk. And I was like, this guy invented prints at home ticketing, which actually turned to be the right technology. The company later got bought for 80 million. But before they got bought

out, they went bankrupt. And I lost 500 grand in my own money and all my industry credibility. And that was the single best lesson for me because now I've never had a big loss since then because I never want that terrible feeling again. Yeah. So you invested friends and families money. What was that like to tell them about a loss? Like, hey, guys, you lost. It was terrible. I mean, the hedge fund still finished up over four years, like up like 1% on average, even with the loss because of 20% gains. But it was just demoralizing. Did that, did that ruin? any relationships? Oh 100% ruined relationships, credibility. I was also on this TV show Wall Street Warriors. So right as the TV show was airing, my fund lost and everyone's like,

oh, we got cocky being on TV. Even though I was in this position before the TV show that I didn't understand. But the TV show was a hit. And so even though I had this hedge fund, which, you know, was basically break-even after three good years and one bad year, no one was asking for their money back, but I saw an opportunity because the TV show, everyone started asking, how do I turn a few thousand into a few million? Most people who teach how to make money on the internet are full of crap. So I was like, ding, let me talk about my gains. Let me talk about my losses. Let me show everything.

So I went back to 12 grand, the beginning. My roots, $12,415, which is what's so crazy. I still can't get over that coincidence. That's messed up. I went back and I started showing every trade on my blog on Timothy Sykes.com, showing videos I would trade for $100, like $200. The press would rip on me because I'm like now this reality TV star and they're like, you obviously lost everything.

And I didn't lose everything. but I specifically went back to my roots because I wanted to show that I could redo it. And there was a website back then called CoVestor which tapped into your brokerage account and you could show off what you did. And I quickly became the number one ranked trader out of 60,000 traders.

The 12 grand got turned into 250,000 over three years. Not quite the initial thing, but again, I'm making blog post, video lessons. And just to be able to turn 12,000 to 250,000 is nice. Yeah. So you saw this as the new business that instead of trading, you could just trade it in conjunction with teaching.

Yeah. I saw a huge need. Just because I started getting 20, 50, 100, 200 emails a day. I was like, no one's teaching this stuff. How much people are full of credit? How much were you making back then from teaching? Like what did you sell? How much was it? How much were you making?

I mean, I started out with one book. I thought it was going to be a bestseller. It bombed. Like, you know, I had like Tim Alerts. It was like $30 a month. I was making like $5, $10 a month. You know, it was a decent amount. And then from trading, I was making like $5, $10 grand a month.

Yeah. But then, you know, teaching blossomed where now I make millions from teaching and now I'm able to donate all my trading profits. Right. But as you were growing on the internet, because I remember you were really prolific around, I think it was 2004, 5 and 6. What were you doing on those years? Because that's when I found you. That was when the TV show was starting to air. Okay.

And that was right when I got into teaching. And I had a MarketWatch article that said like I was like a wonderkind. And again, I didn't even know the rules. Like once I had that $500,000 loss, that really solidified, like, rule number one is cut losses quickly. What did you learn about marketing when you were doing that? Like, how did you, how did people find you beyond just seeing the TV show? Yeah. I mean, I'd like to speak.

I like to talk a lot. So I would call out a lot of scams. And, you know, I get in like a lot of fights with like these like little scammers. And I was like, here's 20 reasons why this company is a scam. And then that blog post would kind of go viral in the penny stock market. It would be a debate, and I would always win, because it's not hard to judge if a company is a scam. It's harder to judge when it's going to collapse.

So I always had, you know, a blog post that would go viral or get shared a lot. Now I have 3,000-plus blog posts on Timothy Sykes.com, and they're all, they act as little breadcrumbs because then I can point back. I got in fights with, like, rappers. Rappers would steal my Instagram photos. Instagram was very big for me. One day I woke up, little bow-wow stole one of my Instagram photos. I used to post like stats.

How did he steal it? So I used to post like stacks of cash. I was like marketing. I think I was the first person that Business Week ever used the term in the title. So I have that. I'm a pioneer. So would you say... I had an orange Lamborghini.

So you were the original, I don't want to say the Ty Lopez, but like before Ty Lopez was... You would do... In what way? I had an orange Lamborghini. Only because they got... The black Lamborghini that I wanted sold the day before. So I embraced the orange Lamborghini lifestyle.

Why did you want the orange Lamborghini in the first place? So I did a test where... This is what's so interesting. So I'm learning just like how to grow my business, right? I did like a 45 minute in-depth video like really just going through this company's SEC filings, digging through it and like exposing it as a scam. And I posted it and I was like I stayed up all night and like like 30 dorks like watched it. And they're like, good job, Tim, right? And I was like, there's more more people have to do this.

I had just gotten the Lamborghini because I was in Miami. I was like, screw it. Let me like I'm finding success. I always wanted a nice car. So I started posting pictures of the Lamborghini On like Instagram and on Twitter And like those posts would just blow up And my little technical analysis videos wouldn't

So then I got the bright idea to merge them So I did put the same 45 minute video But I put like a little 30 second trailer Of like my Lamborghini in the beginning And I was like if you want this car Then you study this video So it was literally like what year was that This was 2008 2009

So this was before Ty Lopez Right Ty Lopez I think it was 2009 or 10 100%. He was 2008-Naget. So you were before Tyler Paz. So I did that. And the two videos are the exact same analysis as the stock. But with the orange Lamborghini, four times as many people watched it.

And they watched it three times longer. So I was like, pooh. So I started posting cars. I got multiple cars. I had like two Lamborghinis. I had a Rolls Royce at a Ferrari. I've sold all my cars now. I don't need any of that crap.

But when I was growing the business, the cars blew up. And then I would also take a million dollars of cash out of the bank, which they don't allow anymore. And I would post it on my bed like I would spell like Tim or Sykes or, you know, with 10,000 things. Like, ultra-d-I don't think anybody's ever done that, right? And then I woke up one morning and Bow Wow had taken my stack of like a million dollars. Like people don't just have stacks of cash, right? Like this is fake money. But I actually had real money, right?

And he had filtered it and he wrote like liquid cash or something. And everyone started tagging me because he had just taken my picture. Yeah. So then I posted it like my picture versus his picture. And I was like, bow wow, like, why are you taking other people's cash flow? I was like, I'll teach you the stock market so you don't have to be a broke rapper anymore. And, you know, you can have your own money. And I signed it little juju.

So, like, I was like, petty. And it blew up. And, like, this was before the bow wow challenge where, like, he fake taking the private jet. So this was the first thing. I was like, it was literally number one trending on Facebook. Like, stock trader calls out rapper, right? Like, they had like a little section on their event. I was like, yeah, this is cool.

Like, why not? Then he wrote a post where he tagged me on Instagram. And he's like, everyone go attack Timothy's sites. And he linked me. And I started getting all these little Ls and snake icons. Like that's how you get attacked on Instagram. I'm like, I don't feel attacked. Like, this is laughable.

And I literally got over 200,000 followers overnight because of that. And then there were other rappers. The game also did it. Wow. I just did that. Then I called out the game. We got on TMZ. I got another 200,000 followers.

I had to apologize to the game. So it seems like you've taken the approach that all publicity is good publicity. Because I'm teaching something that's real and an industry full of scams. So for me, I teach that 90% of traders lose. I teach that almost every penny stock fails. So I'm the antithesis of Jordan Belford who pumps up the BS. So I just have to be real and I can talk about this. Like if you think I'm like, that's fine.

I have several millionaires students that don't even like me because they're like, no, you're too aggressive with your marketing, but you taught me everything I know. I'm fine with that. So what's your response to the people who say this is a scam? This isn't legitimate. He's trying to sell something, makes more money teaching. What is your response to that?

So I have 1,500 videos now on my YouTube channel. you watch these like I have live trades student trades rules video lessons everything you can learn so much from my YouTube um my first millionaire student michael good i had this thing called a millionaire challenge it's all my coaching all my DVDs all my webinars you get everything and michael good said that i was a scam and he wrote this blog post timothy sykes is full of BS and went back and forth i always listened to like all my haters like i know you're supposed to ignore them but i engaged them so we went back and forth there's 63 comments and he gave me a chance and literally he thought that i was a scam but then i converted him because i showed him what i was doing and now he's

made over $2 million. He's my moderator in my chat room. So I welcome the haters. If I can turn my haters into millionaires, I can teach anybody. Yeah. Do you think the whole Lamborghini thing and the money still works today? I'm sure it does. I don't do it anymore because now I've proven like I have, you know, six millionaire students now so I don't need to do that. And frankly, I think it's bad for the environment. I sold all my cars. I don't need any of that stuff. I focus on my charity. So now I've converted because now the cars thing was never really me. I just wanted to get students. I always wanted nice cars, but like I went over the top, like, you know, with a million dollars in cash. You wanted the cars, right? No, I wanted the cars, but I didn't need to like show them off. Like I posted

aggressively, specifically to get more students. Because I'm like, if you want these cars, I wasn't like, yo, I'm a rapper. Like I do have some music videos, which are terrible. But like, you know, you don't need to post aggressively unless there's a reason. And my reason was I want to teach. And going back to that first video, recognizing what gets people to watch a 45 minute detailed video, you need some kind of reward. So I actually did a test ad. I think this was like two and a half years ago. You remember this?

The Lamborghini. It was a great video. So I had, I did a test for a YouTube video. I had one YouTube ad where I sold the program with a Lamborghini in the background. It was a convertible yellow Lamborghini Huraccon. Yeah. And then in the other video was just me sitting in my office. And the Lamborghini video converted so much worse than just me sitting in an office without

a Lamborghini. I think I was probably very early in the game and then it got duplicated because then a lot of people, like I bought my cars. A lot of people just rent them for the day and then they became like fake ads. Like people use fake cash. I actually went to the bank. I had business insider follow me to the bank as I took out $1.2 million. We had like six security guards like just being real. But now it's so diluted because so many people do it and now it kind of loses itself.

So what do you think the trick is for marketing now? What do you think what works? Being as authentic as possible. If you can do a 45 minute video from start to finish showing like a trade and like how you, you thought about it, like your thesis and your risk reward. And then other, you know, students like testimonials, like real students, not fake testimonials. There's people like Jim R says this. Like Andrew F said, like I show all my real students.

They're real people. I go to their houses. I go to their weddings. It's pretty cool. So as real as you can be. But I think you have to be an expert first. So many people want to get into like the marketing game, but they're not experts. You need to have some value.

you. I would not be the teacher I am today without that $500,000 loss. If I only taught how I made so much money, I would teach a very risky strategy that would be setting my students up for failure. But I've had the good and the bad, and I've been on several reality shows, so I have thick skin, so it doesn't even matter. How long did it take for you to become an expert in stock trading? I mean, I had the loss, the big loss was like seven years in, and I didn't really respect my risk management. So I would say like seven to eight years where I really got risk management, but then once I redid the 12K to 250K the second time showing every trade and then sometimes trading bigger and now making a million dollars this year.

I mean, I'm 20 years in right now, but I think like six, seven, eight years. So if I can teach my students all in like one or two or three years, I can condense that. I can save them time. I can speed up their learning curve. And what's your annual rate of return like on average over the 20 years? I have no idea because now I, some years I go big, some years. years I go small. My whole goal is, though, to make six figures in trading. So it's not like a percentage. So it would be 10% if you're trading with like, how much do you trade? I mean, I go back to

12 grand every year, but then I have a bigger account sometimes with like three or 400 grand. So I would say like the 12 grand account becomes like 60, 70, sometimes 80 grand at the end of the year because you can grow a small account faster. And then the three or 400 grand becomes like a million. At least that's what it is. But you never publicize your trades. But you do it after the fact. No, no. I show all my trades in real time. That's the cool thing. So, like, a lot of the time ahead of time I post them. So I post a watch list every night. I'm like, here are 10 stocks I'm going to watch.

If this stock breaks out or if the stock has good earnings, I'll buy it. So, like, I can actually predict my trades ahead of time. A lot of my best students predict my trades because I'm teaching patterns. The trades are just real-time examples of the patterns that I teach. So I have, like, seven key patterns that I teach. And, like, a lot of my students, like, when a stock is setting up, even if sometimes I'm not in the chat room, sometimes I don't see it. But my students see it.

And they're like, it's a number five. it's a Sykes number five and like the chat room is like where's Sykes? And you're still, you still use the same strategy. You're trading low cap stocks? Low cap stocks. I don't really short sell that much anymore just because even though it's effective, my students couldn't really do it because in order to short sell these low price stocks,

you have to find borrowers. It's very complicated. Short selling like betting on lower prices freaks a lot of people out. So even when I won, like students would be like, now this isn't for me. So I've adapted not necessarily to make the most money, but to be the best teacher. Can we talk about, can we talk about, can we talk about,

Can we talk about income for a second? About whatever you like. Cool. How much do you make? How much do you make now? Let's just ask it. No, it varies every year. So this is why I'm so proud to be able to donate like a million dollars of trading profit.

I'm at like $9.50 so far this year. But income wise, I think I'm at like four or five million, maybe six million in teaching. So I can prioritize my students. So that's why like there's a lot of chat rooms out there where they trade big and like they don't donate their profits. and they're like, oh, let me just focus on making as much money from trading. I don't care about my students. With me, I teach the patterns.

I show all the trades. And it's like, here, learn from this. Square knows that in hospitality, efficiency is everything. That's why their system lets you take payments. Track sales, handle inventory, manage staff, send invoices, and keep up with finances all in one place. Fly through orders with zero mistakes. Get the data you need and keep everything working together.

So you're ready for whatever's next. Learn more about their customized little plans that's squareup.com. Where do you invest and spend all that extra money? Let's say you... A lot of it goes to taxes. Four million, yeah. So let's say so you donate a million, let's just say. You have $4 million left over.

I actually dip into my pockets, though, too. So I usually donate about a million five on average for the fastest three or four years. Okay. And then after tax, we'll say 40% on tax. So that leaves you with one six left over. Where does that go? Bank account, save up. For what?

I bought my parents a place down in Miami Beach. So that was nice. That was like one, one six, one seven because I bought two apartments next to each other. Did you buy them cash? I don't even know. I gave it to,

you know, my financial guy and I was like, here, like it's, it's all, I don't, I don't handle like my taxes. I don't even do that.

Like, I'm so focused on teaching. I have like, I now have a staff of like 50 plus people. And so I'm like, do this, whatever works, you know,

like if you ask me like my accounting, I have no idea. I give it all to my account. So you don't pay too much attention. to where all of your extra money is stored. I mean, it just goes into liquid cash. Like, I don't, I don't have any, like, mutual funds. I don't have any, like, long-term investments.

Why? I just don't, I don't really believe in. No real estate. It's, like, you're, like, rental. My parents' place. I had, like, had a few places that I was looking, like, rent to buy, but, like, I never really liked it. I was always traveling.

All this, like, I've been doing this while I've been traveling to 120 countries. My charity has built 70 schools. So, like, aside from this year, I've always been traveling and focus on that. And I love. the challenge of teaching, trading, and traveling. But what's the reason why you never wanted to do like a nest egg? Just say like, you know what? I want six million bucks, just invested it in like a solid index fund.

It's always going to be there. I'm just going to let it grow, never touch it. Every year I'll add another million to it. Yeah, I don't know. I really think that the market is overvalued, like real estate and stock market. I mean, especially after an 11 year bull market. So I'm just kind of scared. Like I never really had that much.

You have to understand I'm focused on trading. So like for me, it's like the, challenge. I don't even spend that much. Like, aside from like the cars, like, okay, buying my parent stuff, like donating millions. Like, I'm actually, I know it doesn't look like it, but I'm actually pretty frugal. Like I don't need to. But again, if you ask me what, if you ask me what time it is, I'll check my iPhone. Like this is, when did you get that watch? This was earlier this year. But like, how much did it cost? This was like 40, yeah. But like aside from, aside from a few things like that, like, I really don't need that much. Like if I, let's say, God forbid, I,

lost everything, right? I really wouldn't, it wouldn't be that bad. Like, I would actually like the challenge to try to get it back. Like, I really just don't need it. I've had the luxury things. They're nice. So you've had the confidence that no matter what, you're going to make money. You're always going to find a way to make it happen. So you don't really need that buffer. You have to understand, like, most people who teach on the internet are so full of crap. So all I have to do is be real. Like, my video lessons about my losses get three times a number of views than my wins do because they're like, no one else talks in detail about their losses. So I literally can't lose. Like if I freaking win, okay, I made some money. I was right.

My patterns work. If I lose, hopefully I cut losses rule number one quickly. And I show that. Maybe sometimes I get undisciplined. I don't cut losses quickly. Then that video gets even more views and then I get more students. Like it's just win, win, win, win, win. It's actually a pretty cool thing. Just being real in an industry full of scams. Okay. I'm still a little confused on the fact that you said you keep everything in cash. Yes. And you have one property. which would be your parents' properties. Yes. Is that cash all in one bank account?

No, we have a few. It's dispersed through a company. Jeff wants to know the login. Let me write it down for you. No, I mean, I like to stay liquid. And going with my trading strategy, like, I stay liquid. Like, I have zero stocks right now overnight as the Dow just dropped like nearly a thousand today. So you're not invested in anything.

Zero. All cash. I like staying liquid. Don't you feel, though, that you've missed out on such a big run over the last, like, six months? 100%. But who cares? So what? I'm still making nearly a million dollars in training profits. You don't have to catch every move So many people have FOMO fear of missing out and they're like oh I have to catch this. I have to catch this

I have to catch this I stay liquid and I catch what I can I guess it's different for me because I like having met Nes stack I like seeing those numbers just grow steady and if it dips down I think I put like 50k into the market this morning When it dipped down I've been buying every every hour. It's a little bit lower But you have to understand too. I don't even act in terms of like what makes me the most money like if you look at my chair GERdable giving, like it's, I spend, I give way too much compared to my income. But for me, I do what works for me. Like, I'm weird in the head. Hold on.

Yeah. Swap out of battery. Yeah, yeah, yeah. That was still recording. I like the faces that you're making, though. This is hilarious. What faces? You're just like, you're like, this guy's so full of like.

Like, I don't think so. I don't think that. Your face says that, though, and that's why it's beautiful. Oh, I'm sorry. No, you don't have to apologize. I get this all the time. You have to understand. I'm, in the head.

The way that I, like, think about. charity and income and stuff like that. So like you're this is a psychologist. This is an intervention. I think you for doing this. I obviously like I want to go into everything with skepticism because I feel like that's doing justice to our viewers. Understand I like this skepticism. This is the beautiful thing about being real. Like people have all these conspiracy theories like oh your dad trades for you. Oh your charity's a tax haven. None of that is true. I do all my own trades. I donate too much compared to my income. You have my email from my account saying like you're donating too much. So what?

What do you, okay, wouldn't your accountant advise for you, though, to have some sort of long-term investments? Of course. They give me all kinds of things. And I say no. Yeah. What's the point for having you then? Why do you have one? I want that. I want everything to be like legal, right? Like I want like if you, if I got audited, if I had like any tax issues, like it's all done by the books. What about when you're older? Are you going to continue to be doing this for the rest of your life? I mean, I think that there's always going to be scams in the market and I can always expose the scams. There's always going to be small companies. So that's your end goal. Who do you think it's a scam? No, companies. Companies. Okay. Right?

But no, but like teachers. So if anybody teaches in the stock market and they don't show every trade, what are you teaching? Like, I just don't believe you. There's so many people like, oh, I made no. You show every trade. Show every trade. 20 plus years, income tax returns, audits. Like, I show it all so that you can see, like, you can see my screw ups.

You can see my wins. You can see my loss. I don't win every time. I win roughly two thirds of the time. But rule number one is I cut losses quickly. So my gains are 1, 2,000, 3,000, my losses are 300, 200, 400, 400, 400, So you're saying that basically you have this very, very precise strategy that you follow every single time. Anything else out of it is outside of your area of expertise, and you just want to focus on this very small niche.

I say I trade like a sniper. So I take my little shot. I take my one shot. If there's a pattern that fits what I teach, I try to take it. And it's not an exact science. How many people get your alerts when you say, like, I think this is going to break out? I got my watch list, 10 stocks. How many people see that?

A few thousand, like six thousand, seven thousand? Do you think that could have any sort of impact on the price of the stock? I mean, I'm trading like the most active penny stocks, so they're trading 100, 200, 300 million. So like I specifically don't trade like illiquid stocks. And the interesting thing about my students is because I made like pretty much half my money going long and half my money going short, there's a whole division in the penny stock world. It's not like everyone buy a one spot. There are gurus like that and they specifically push the price up.

For me, half my audience, I would say even more than half likes to short sell, right? like any stock that's up 100%, they're like, it's a scam. So there's like a battle in my chat room between the short sellers and like the buyers. And that creates the market. Yeah, because my thought, you know, if you almost get like a five stock watch list, already people are going to start trickling in. And I think if you have, let's say, we'll just call it 5,000 people, you know they're telling their friends. So 5,000, I bet, is more like 12. But you have to also understand. So like, I have a lot of haters because like a lot of people think that I'm a scam, right? So they see me buy a stock and they're like, this is a scam.

it's a psych's pump, I'm gonna short it. So I have like this built-in audience of people who like go against me. And I'm just like, whatever. It doesn't even matter to me because if I win, I'm gonna make a video lesson. If I lose, I'm gonna make a video lesson. And I'm just trying to win more than I lose. So I'm trying to let the patterns do their thing. Everyone else has their little conspiracy theories.

I'm the guy who's been seeing this stuff for 20 plus years. Also, understand. I'm trading active stocks and the stocks that I'm trading are usually already up 50 or 100%. So they're on my radar because they're a percent winner already. I don't just pick like a stock like, oh, this has an interesting technology. It's done nothing for two years, but now let me buy it. That's what penny stock promoters do.

They get paid by the companies. For me, I don't get paid by the companies. I get paid by customers, students who want accurate information. So there's always going to be a market for accurate, honest information and recognizing the fact that I'm wrong a third of the time. And then I just cut losses quickly. If you stay disciplined, trading is all about discipline, right? So I'm basically like a drill sergeant teaching these degenerate traders like,

you have to do this. I say trading is a battlefield. You know the e-trade baby, like the little dancing baby on the commercials? Look, trading, investing is so easy. If it were realistic, if you looked at the odds of, like, statistics of what people actually do with 90% of traders losing 70% of investors failing to beat the S&P 500 every year, the baby would be bloody. It would be bruised.

It would be all blurred out on TV. Trading is a battlefield, okay? That baby is ill-equipped to be on this battlefield. You don't bring a baby on the battlefield. That's wrong. Who does that? Do you think the average person is probably just better off with an index fund? instead of spending all the time, learning how to trade stocks.

Yeah. Maybe they're just better off. Here's an index fund. Ride the market. 100%. If you have, if you're fully loaded like at work or you have like a family, I don't, like, most people who I meet like very talented like photographers, videographers, are like, should I get into it?

I'm like, no. You already have like a talent. You already have a passion. This is for people who are like kind of like, oh, I have some extra time. You know, let me try something. You know, people who otherwise would go to like a casino or something where the odds are terrible. Like this is something where I think the odds can be in your favor if you research enough

And you put it enough time But if you don't put it in enough time, you're never going to get good Can anyone do it? If you put in enough time So you're saying it can Jack do it Yeah You think I would be able to do it if I would put in it I could teach a homeless guy to freaking do it if I could like clean up his like theoretical Drinking Problem this hypothetical example

You should do that right You should do that that would be incredible That would be an amazing video could go viral but here's the thing. So I'm not looking to teach the most number of people. Here's another layer, right? Everyone else wants as many students as possible. Like build my business.

I want, you know, do the math. Like number of subscribers paying this much. I don't want that. For me, I have the opposite problem. I have everyone already hitting me up. So I've really toned down on marketing. I've toned down on a lot of stuff because I'm looking for quality over quantity.

If I taught that homeless guy, I would be more overwhelmed. Then I have a problem where I answer DMs. I answer people's questions. and I'm overwhelmed. What's the problem in that? If your goal is to teach and spread the awareness, if teaching a whole much person,

but everything you have is, but isn't that scalable, everything you do, making the video to reach 10 people's, the same as reaching a million. Sure, your Instagram gets blown up a little bit more, but you never respond, like I never respond to 99% of the DMs anyway.

But I do, and I feel guilty, and I take this personally. Because you have to understand, I'm not just getting DMs like, hey, I want to make money. I'm getting DMs being like, I believed in this company, I only read your blog post after I lost 75%.

I'm devastated. I feel for that person, even though I've never met them, even though I'll probably never meet them. With penny stocks, I'm meeting constantly. People who have lost half or all their money. And it gets to me because I have the solution. If I can, you know, if there's the matrix, if I can somehow just transfer everything that's in my head into their head.

But wouldn't that be a good deed, though, if you taught a homeless guy and that just went viral, and then that got tens of thousands more people into the market, Wouldn't that just be a net benefit? Even though you get hit up more, wouldn't that be a small? No, 100%. But the problem is most people don't have the time. They're not going to actually do what is required.

Because I'm not teaching exact science. So I can teach all my lessons, but if you're like, yeah, yeah, I've seen like, I have 6,000 video lessons, 6,800 video lessons right now, right? Because I'm basically a glorified history teacher. I'm teaching 20 years of experience. Every single person watching those video lessons is playing catch up because they haven't seen all the plays that I've seen.

Long and short, Hot Markets, Chinese, hot stocks, electric vehicles, stocks, crypto stocks, weed stocks. There's different hot sectors. So I'm trying to teach history and you have to go through all this history. A lot of people they're like, okay, if I've seen the Chinese stock spiking, I've seen the weed stocks, it's all the same. No, it's not. There are nuances. So it doesn't matter how many people want to do this. Most people are unwilling to be as dedicated. So I have newsletters where like, okay, like you can learn and it's like free as you want like, you know, on my YouTube channel. But again, you need to go above and beyond.

The biggest money is in the smallest details. And most people just don't put in enough time for that. I would agree with that. I would say for anything, you give 100 people the same thing, and maybe only a few of them will really use it and be good at it. But I still think if you could teach that person who's just like living out of their car with nothing, but they have the motivation, the time, the dedication.

I might do that. I literally have never said that out loud, but I think that might be funny. That would be huge. And make sure that person is completely random and like have to have a third party go and pick out the person. Maybe like 10. You pick 10 of them. And then you look for the qualities in the people that you think would be best. What if you have like different people from different backgrounds?

And then you see like, you know, and I could turn into a whole reality show, really, if I wanted to. I think that would be really interesting. But also understand 2020 is so different than other years. Like the pandemic. Like that's crazy. There's so much volatility this year. So if you, let's say you dedicated all of 2019 to learn. There wasn't much opportunity in my niche.

So all the people who are doing the best in 2020 are not students who signed up in 2019. My best students right now are making 300 grand, 500 grand, a million, but they've been students for three or four years. They've seen slow markets, so they appreciate this. So you can't just judge every year. Like what if you get started and there's a slow year? And then you get, you know, disheartened. Like my top student, Tim Gratani, has taken $1,500 into $12.7 million.

Amazing. He's like a robot. They made nothing his first nine months while working as a state farm insurance agent. Can you study every night and make nothing while you're living with your parents? Will you still stay dedicated? Most people won't. Most people will be like, this is a scam after like three weeks or six weeks or six months. Yeah.

And why does your strategy not work with higher amounts of money? I'm glad you asked. Higher amounts of money and higher price stocks. There's no real hedge funds. There's no real smart people in penny stocks because the money just isn't big enough. I'm one of like the highest earning penny stock traders and I've only made a few million. The biggest traders on Wall Street make a few million in a day. They're trading, you know, Forex.

They're trading currencies. They're trading things that are more scalable. And they're using like prop firms and Goldman Sachs money. I'm using my own money. So it's a little different. So I say that I'm like fishing in my little pond. And I think that this pond is great for, you know, average people like with a few thousand dollars. I think there's too many people with a few thousand dollars that do just invest in an index fund.

And like if you have a $10,000 account, like you might make what a $1,000. thousand, two thousand dollars over the year, which just to me doesn't move the needle. I think people with small accounts should utilize their small account size and take it as an advantage because they can fish in the pond. If you have like a $50 million account, you can't trade my strategy. I think if you have 10 grand, you invest the $10,000, but then you work to increase your income. So that way you have more money that you could invest in an index fund that's going to give you 7, 9%. Yeah. I mean, again, like you can get rich off index funds like in 50, 70 years and buy a new titanium hip, you know, like, and put yourself in, like, the best old age home ever and, like,

eat caviar and foie gras every day. When you're 90, as your teeth are falling out and the nurses will make it into a smoothing for you. But the point is you save that money. It grows in the background as you work to increase your income. Yeah. That's what I'm saying. That's a responsible slow way of getting rich over time. And that's fantastic for most people.

But you could get rich by increasing, like working and finding ways to increase your income. So that way you just have more money to invest. And then you could get, you know, hundreds of thousands of dollars. Again, but if you learn trading, you can make $100,000 or $200,000 in a few weeks or months, and that would be five years of an index. But how much money would you need to invest to make $100,000 in a few months? I mean, some of these penny stocks go up. I mean, mass companies, APT went from 4 to 40 in like three days.

You know, we have Kodak even. Kodak like got a loan from the government, which turned out to be all questionable and that went from 4 to 50 in three days. Like you're having these crazy runups. So let's say you buy 1,000 shares at 4 of Kodak, you're not going to say that you're at perfectly at 50 or 40, but you know, you can go from 4 to 20 in a day or two. That's this market. And there are dozens of examples like that right now.

But that would still assume if you don't go all in, even if you do 20% of your portfolio to do something like that, you would still need $200,000 to do that to make $100,000. Think about this. Let's say you have a $10,000 portfolio, right? You see Kodak, you know that it's spiked up big in the past. You see the loan agreement. You're like, okay, let me buy 1,000 shares at 4. You can either flip it at 8 or 10 or 12 or 20.

you choose. But on your $10,000 account, you might make $5,000, $6,000, $10,000, $20,000 in a day or two. And that kind of example has happened dozens of times this year. But I've also seen some volatility. Nicola was a perfect example of people who got in and then just it got crushed. For the people who bought, especially calls. Wall Street bets was a fun one to watch during that time because people were buying Nicola calls. So I don't do options, but I was warning about Nicola. I actually got in a fight. I got blocked by Trevor Nicola early on. And I took that as a badge of honor because I was like, now there's something sketchy here and there is so that's one of them but that that thing went from like what three to like 90 right and even now even after

all the sketchy stuff has happened is down to 20 yeah that's all it's still even worth 20 because GM kind of backed them up there's so much volatility that's what you have to understand this time is special so index funds maybe in another time maybe if the market gets slow but right now now you have all the new Robin Hood people you know they're getting three million customers per month e-trade's only getting 300,000 all the Robin Hood people who they're getting stimulating checks, they're trading with it, right? So like, you have so much volatility in so many trades,

I don't know how to ignore it. That's part of the reason why, like, I'm going crazy this year, where I'm just focused specifically on trying to capture as much opportunity, not just for the profits, but for the education. I say people have two accounts, their knowledge account and their brokerage account. Most people only want to grow their brokerage account. They don't think about their knowledge account. Like, what is a knowledge account? That's not even a real thing. But you have to grow your knowledge enough to be better prepared on every trade. Most traders are unprepared for trading. Like they have their emotions. They don't have a specific plan. They don't have risk management. So they have lower odds of success on every trade. If you study, if you paper trade,

you don't even have to risk money while you're learning, right? Like you can use fantasy cash. You don't get the full emotional education, but at least you can learn the volatility. And when you do that, you start using this volatility in your favor. The whole key here is using a small account to your advantage. Almost nobody in the world looks at a small account is like, I'm proud of my $2,000 account. Almost everyone on Wall Street will look down on you. I still get made fun of like when I tweet like made 1600 today, made 1800 and they're like you've been doing this for like 20 years and you only make like a thousand or two. There's Wall Street versus Main Street. Wall Street literally looks down on people who make $3,000 in a day. And I know most people that I know, most people

on Main Street, most average retail traders would love to make $3,000 in a day. So it's about taking the low hanging fruit, realizing that it's $1,000, $2,000, $3,000 in a day and it can add up or 200 or 300 in losses. What about the people who just follow your trades? They just see exactly what you're doing as you pose and be like, I'm going to pop in on this and try to sell at the same time. So every day I warn never follow my trades, never follow anybody's trades. All my top students, they made money, but they're self-sufficient. They don't need me. So for me, I'm training wheels, right? So I'm like posting, and I don't even just post like my trades. I post potential trades. I'm like, if this stock breaks above 330, I want people to understand the whole game.

Never follow anybody else. Then you're always dependent on them. And that's how, Frankly, a lot of newsletters make money. Why does it matter if you're going to be posting every single trade you do? Because I don't want them to be dependent on me. What if I get hit by a bus tomorrow? Then how are they going to make money? Look, that might have just hit me. That was crazy timing.

This is what I'm saying. This is all destiny, okay? What if I got hit? Like, they wouldn't know. I try to train my students to be self-sufficient. None of my top students tune into my webinars. They've heard everything. They know the patterns inside and out.

This isn't rocket science. It's freaking penny stocks pumping themselves up and you're taking advantage of hype fear and manipulation. How long does it take to learn everything? Different markets, different times. Like right now in 2020, this is an amazing time to learn because you have five, 10, 20 examples every day of different like earnings winners, scams being busted, you know, electric vehicle plays, potential vaccine plays. There's so much happening. Like by the end of the day, this is why I'm drinking coffee and any energy. Like I need this stuff just to freaking stay awake. I'm going to crash after

this interview. I'm like a little kid bouncing up and down and then I need my dad. You only have like Two switches. One is just like 100%. I think one is correct. Yeah, exactly. Sometimes when I do a video, like my videographer will see like, oh, you're done. Like I'm just like, hold on one second. Let me swap out this battery. There's nothing in between.

That's funny. So what about your personal life then? You work a lot. Married to the job. How many hours a week do you work? Or day, actually. It's like 16 to 18 hours a day. Is that all work or are you taking breaks throughout?

I'll work. I mean, because I'm trading. I'm making video lessons. I'm giving where. I'm writing blog posts, I'm writing tweets, doing Instagram, and then when the market closes, I do charity. So I manage, like, Carmagawa and Save the Reef. These two accounts have Carmigawa has 1.2 million followers. Save the Reef has 900,000 followers too, because at night, I want to try to change the world. So I have two jobs. So do you work 16 to 18 hours a week every single day every week? Per day, yeah.

Sorry, no day's off. Yeah, 18 hours a day every day of the week. That's what it takes if you truly want to get ahead. Most people are unwilling to do it. But But it's not work for me. I love what I'm doing. I love teaching. I love donating. I'm sick in the head.

If I really just prioritize like my money, I wouldn't show my trades. I wouldn't teach. I could probably make more just by trading. But I actually love teaching others. That. And like doing. So here's the thing. Not just donating money too.

Maybe I'll be the first person to say it. Say it. Say whatever you like. I, okay. This isn't about, this is not about. I've heard everything. You can't hurt me. It's not what you think.

So what I'm going to say is like I will, I can, I consider myself a hard worker and I will I will happily work 10 hours a day, 11 hours a day. I'll go up to like 13 or 14 hours a day. But the next day if I work like 14 hours one day, the next day I don't want to work more than like 12. You know, like I don't want to do like two 14 hour days back to back. Yeah. Like it's just like. Disappointed Jack.

Like here's the deal. Like I said, I'm fine working 10 hours. 10 hours is good. 11 hours is getting like, okay, it's a little gnarly. I can do 11 hour back to back, obviously. Yeah. But if you're doing like 14 hours and then 14 hours the next day and then 14 hours the next day, it's just like, am I just a wimp?

Or is it just like, I'm serious because like it just seems unfeasible. No. To work 16 to 18 hours a day every single day of the week because I see all of these people, like all the Ty Lopez's people or like Gary V's. And like you need a buster and you got to work like all these hours every single day of every single week. And it's like. And it never ends. Well, I'm just like wondering.

There's no end game. Is he actually doing that much work? Because I feel like I'm pretty maxed that one. I'm hitting like 14 hour days. So for me, it's not work because I love doing this. I'm teaching. I'm also now some of my students are teaching too. So I'm helping them launch teaching businesses because now they can help me.

So I used to give like four or five live webinars a week. Now I'm down to one live webinar per week because now my students give two to four live webinars a week. So I'm actually getting help there. But I spend a lot of time on my charity. I don't just donate one to one and a half million dollars of trading profits. I do a lot of spreading awareness because I do believe that the world has a lot of issues and we are at this time in human history where we need to change the way we treat the environment,

treat animals. If you follow Carmagall or Save the Reef, I'm doing those posts because it's not just about the money. I could donate a million. I can donate a billion and it wouldn't change anything. We need to change millennials in the way that we're treating. Like if literally every single person watching this, every single person listening to this picks up one piece of trash per day. It seems small, but you're saving millions of animals. One piece of trash, one piece of plastic stays forever, and it kills multiple animals. We don't even think about that. We never even had a plastic problem 40, 50, 70 years ago.

Now the plastic problem is getting worse during the pandemic. So I see these problems. So for me, I like teaching, but then I see a lot of other issues. Like when I got started traveling, all I wanted to do was build schools. But schools take decades to really see the impact on the community. A lot of places don't have decades. A lot of things, like we did a documentary. In my spare time, I filmed documentaries too.

We did a documentary on the rhino. Rhino are going to be extinct in the next five or ten years unless something is done. Rino are getting killed for their horns. Their horns, people think that they're made out of, you know, these medicinal properties. There's nothing. It's literally just keratin in our fingernails in the rhino horn. So to me, that's part of the whole misinformation out there. I teach penny stocks.

I teach how they're scams. I expose a lot of the BS. When I see rhinos, and if you've ever seen a rhino in person, have you seen a rhino in person? Probably at the zoo. San Diego Zoo would probably be the only place I'm saying one day. But they're beautiful and they're going extinct due to misinformation where people get them because they think that they're Aphrodisiacs. They're going to cure cancer.

They don't do any of that. It's literally just keratin in our fingernails and we need to get that information out there. So I'm using social media for that too. So I'm driven. It's not about the money. If you look at the way that I work, I mean, I work slave hours. I probably am underpaid. But I do what I love.

It's not just about the pay. Once you reach a certain level, I bought my parents their own place. I donate millions of charity. I want to donate more, but then you have to have passion. You have to love what you do. Right. I'm not saying it's about the money or anything because a lot of the work I do, like I literally just do it.

Yeah. Because like there's nothing really honestly a lot of the times where I can see any like outcome of a lot of the work I do like when I was always reaching out to like all of those people like I'm constantly just like reaching out to random people trying to network right? Like I don't really see anything come out of that. But all I'm saying is like working 16 to 18 hour days every single day. What do you think about this grant?

Like, is that something that's sustainable, if even sustained, like, like, able, like, you can do that in the first? I like it. See, I like doing it. I don't know how long I could do it for it. 16 to 18 hours. Well, see how long. I don't know. I was doing about 14.

I was, initially I was doing from about 8 o'clock in the morning to about, I don't know, 10 p.m. at night. I loved it. I had so much fun doing that. That's what I found. 14 is a good number. I couldn't do that forever, though. I figured that, like, 35, like, mid-30. would probably be a point where I'd be like,

I know I could scale back a little bit, but I loved it. But 14 is good, but 16 to 18. If we're saying you're working 18 hours a day, okay. Say we wake up. Okay, what time you wake up, seven? Six. Okay, you wake up at six.

Okay, and then. Depending on the time zone. But yes. Okay, six o'clock, right? And then when do you have breakfast, right? I mean, pretty much right away, depending on when my mom makes it if I'm home. Okay, so then it's 6.30.

Okay. And you have yes to start work. Okay. Brush, tea, shower, get all that stuff done. Yeah. Maybe it's seven. Okay, seven work starts. Okay, 18 hours past seven, right?

That's five, that's nine p.m. I mean, really? So it's more than maybe even 19 hours. It's 10. But sometimes I'm up until 11, sometimes I'm up to midnight. I don't look at the hours. I see stuff that has to get done. If people send me a video on like plastic,

if there's like some, you know, we just found actually like a huge coral reef that's bigger than the Empire State Building. Last night I was up to like midnight writing the post about that, because it was a fantastic fine. I don't think about the hours. I think about stuff that has to get done.

I do a watch list every night. I do video lessons every night. I'm trying to launch my students. I'm trying to do a bunch of things. Wait, no, no, no. We did the math wrong. Yeah. At 1 a.m.

Okay, so you start at 7 a.m. And then obviously, you're going to have to have lunch. You're going to have to have dinner. And then I mean... That's just quick. That's not even like a... I mean... I eat standing up.

Yeah. Like, yeah. Okay, but 1 a.m. Yeah. To 1 a.m. And then you're waking up the next day at 6 again. because I love what I do. I jump out of bed.

I'll go. I use energy drinks and coffee, which I never had to do two years ago. So maybe I'm fading too, and I don't even realize it. I mean, I get it. 18 hours. I get it.

If you love what you do. Sometimes you get so much in the zone that you don't even want to go to bed and then you wake up in the morning and you're so hyped on just starting that that's the energy. I understand that as well. I get it, right?

Obviously, I have worked more than 14-hour days in my life. But I'm saying, like my average being between like 10 and 14. If I do more than that, like the next day I'm obliterate. Yeah. I mean, in the beginning when I first got started stock trading, I couldn't even make it watching the market the whole day. I would like take a nap because like when you're watching these things go up and down,

like your head is getting like screwed up. Like in the beginning, you had to build up your tolerance. At least I did. But again, for me, it's not just the stock market. When the stock market closes, then it's the charity. And I'm very proud that our charity has better engagement than Greenpeace and PETA times five. And, you know, what is it? It's like my money, and this is like charity merch.

This is made out of plastic recycled water bottles, which is pretty cool. So we're creating charity merch. We're trying to spread awareness. We're trying to donate. I'm wearing a lot of hats, you know? Do you do anything to relax? What is this word? Is that a Latin?

Relet? I've heard. Yeah. Relax. Yeah. De off. I think it was like a French word. Yeah, I don't know.

De O-E-F-F, like an egg dish. I don't know. O-E-E-F. Die off. I don't know. I never heard of it. No. No, I have goals.

I have a mission. I love what I'm doing. You have to understand 90% of traders lose. I can save them. It doesn't seem real. Have you seen I am legend with Will Smith and he's trying, like the zombies are coming in? And he's like, I can save you. I have the cure.

And they're not listening because they're zombies. That's how I feel. I am Will Smith and I am legend. And the zombies are pounding down my door. They're losing on trades. The zombies are losing everything. They basically are. They're financial zombies and I am Will Smith and I have the cure for them.

How do I keep that to myself? That would be selfish. I commend you on your energy. I think that it's just, I think I think it's incredible. Because if I was getting six hours of sleep every night, the next day, I would just be like. But it's not even energy. It's when you find your mission, when you find your life goal, you don't think about the

hours. You think about what you want to do. When I first got started teaching penny stocks, every financial expert, I wrote to them. I did like handwritten notes for my book, like a stupid guy. Like I got no responses. I got a few responses. response from financial experts, don't do this. Penny stocks are dangerous. You can't teach

that just made me more motivated to teach because I did this on my own. What about lawsuits? Let's just say because it is a high risk environment where people can lose money. Have you been the subject of any lawsuits of students being like, I lost money, no? Rule number one is cut losses quickly. If anybody ever loses big, they're breaking my rules. So I teach so conservatively. I have a whole DVD where I talk in a high pitch voice. I'm like, I'm a castrated choir boy. This is how I trade. I have no balls. I literally talk like this for an hour. I make such crazy analogies because I tell you that you have to be a castrated

quarterback. Very good at this. I'm telling you, I've done a DVD like this. It's like a twisted Mickey Mouse. It's like a twisted Mickey Mountain. Correct. It does. But that's how I teach.

I trade so conservatively. I see these stocks spike 200, 300 percent. And I'm taking 10, 15 percent. I'm like, it's a scam. I don't know what's going to go on. And I leave all this money on the table. And that's fine. As I've shown, you can still make millions by taking little tiny gains and playing

it so safely. let's talk about something other than work okay how about relationships yeah do you have a go for your wife now married to my job always is that always going to be the case i don't know we'll see i don't know how long affection i have affection from my job it's it's literally being married to the job have you heard the phrase like married to the job i i am the definition of married to the job it's not a job for me it's a mission okay but do you think at some point in the future your priorities are going to change hopefully hopefully I can teach enough people.

I first got started into teaching because I thought, oh, if I teach everybody these patterns, everyone will use them and they'll be obliterated and I'll be free. These patterns have kind of been the gift and the curse. I miss my college graduation for a trade. Unfortunately, as I said, half my students like to go long. Half my students like to go short. So it's just a war and I've like started it. So you'll keep going until everyone uses it and then it's ineffective and you think that's

my, that's my cue. So it will be ineffective once everyone starts to use it. I hope. But unfortunately, again, Even though I have thousands of students, what? Probably like 300 of them actually pay attention to all the rules and the video lessons. Like, I'm teaching the freaking zombies that in I am legend. Like, that's what they are.

Okay. Or the hyenas in the Lion King. What trade did you make this morning? I made five trades this morning. I had a morning spike on S-F-O-R. I bought A-S-T-C. They have mask detection or breath detection where you can literally test your breath and see if someone has those were my morning trades.

And then in the after-tube-exam. noon. I had one right before the close. What was it? I only made $1,700 today. Oh, I lost on B-A-N-T. I lost $69 on my last trade today. $69? Yeah, I'm the last trade. So you've made about $1,600 today. And how much are you trading with? All the positions were like $5,000 or $10,000. I wasn't trading big today because when the market is down so much. So I'm making... So you made like 10%, 20% even. Well, like 8% on like a few. Like I was correct. I traded B-A-N-T twice. I bought. I bought. bought the breakout. I was right on that. And then I tried to go for the afternoon breakout and it failed. What's the volume like on the stocks? B-A-N-T traded, I don't know, 400, 500 million shares. I'm trading the

most active penny stocks. Yeah, yeah. Because they always have new. How much was that? B-A-N-T, like half a penny a share. Half a penny. Yeah, sub-p pennies. I don't even like sub-pennies, but they're hot lately. And what did it close at? Or when did you sell at? So my first one, I bought it at literally a half a penny. Point zero, is this stop? So I bought B-A-N-T at point-0-0-05 this morning and sold it at 0.0057. So I made like 12%, 13%.

It was like $650. And then in the afternoon, I bought it on the breakout at 0.0068, and I sold it at 0.0065. I lost one-one third of a penny. I don't normally trade sell penny stocks. It's crazy trying to like fit in like a third of a penny. But that's what's hot.

It was still up like 100% on the day. And if you're so certain in all of the trades that you do, why not? I'm not certain on any trade. I can lose on any trade. I always say cut losses quickly in any one trade. So why don't use leverage? Why don't go all in? Because I'm never certain.

I'm the opposite of certain. I have ideas where I think this stock can run. I think this stock can break out. But I can be proven wrong in any stock. I mean, if you're, so if I'm sure that I'll make profits 70% of the time. Yeah. I would do, I would probably put in a, a fifth, a tenth of my net worth

and just do that over and over. But you don't know which ones, like, I'm surprised sometimes at the ones that work out. Like, I take speculative plays. Sometimes, like, DGLY, they make body cameras for police people. And, you know, if we have civil unrest, then theoretically, the police need equipment.

So DGLY spikes whenever there's riots or protests. I'm always shocked at how much that runs, and I usually take profits too quickly. So if I had, like, you know, if I wasn't emotional, if I could just say, okay, DGLRI runs a lot, then I would be more. aggressive on that one because I usually underestimate it. But because this isn't an exact science,

sometimes there's civil unrest, sometimes there's a protest and DGLI does not run. It's not an exact science. Right. But of course, you wouldn't be teaching something that if you weren't at least more than likely sure that you were going to make money, you wouldn't like sell courses on that, right? Yeah. So if you are, okay, maybe not the word certain, but fairly sure that you're going to make profits on 70% of trades, why not be buying short-term calls and leveraging or- there's no options on these, on these stocks. Okay, that was, that was, but I wouldn't use leverage. I wouldn't use all-in because again, for me, it's not how much I can make on the trade.

It's how to teach. I don't want to teach my students to go all in. I don't want to teach my students to use leverage. I'm trying to put myself in the position of a student who's just beginning. This is why I put, like it's laughable that like a multimillioner puts in five or $10,000 into a trade. It costs me literally a few hundred dollars to send out the, text messages in the emails like it's not specifically to make money. I make money in this business,

my teaching business grows because I don't have the cancels that other people have because I'm real. My job is to create the most successful students. So if I go all in or let's say I'm saying, I'm tired of trading with five or 10,000, let me put in 100,000. Students cancel because they are not learning how they should be trading. And even if they don't cancel, they're not successful. What if I say, oh, 70% of the time, let me just go bigger. And then my students start doing it, but then they're not trained and then they lose big. So I'm not just trading for myself. I'm trading as a student and I don't want to teach my students the wrong way.

Does that make sense? So what advice do you have for Graham and I? Just in general. Build your YouTube channel. Keep going. Let's see what you can go. I think this is fantastic. You guys have a great niche.

You guys ask great questions. There's demand for it. You know, you have value. And, you know, you can do this here. Like, I'm excited to see what you guys can do. cutting through the BS. Always just be real and go into all the numbers. That's why when interviews they're like,

can I ask any question? Like, yeah, be real and go into all the details because most people won't. Most people have stuff to hide. If you can be real on the internet, the internet is yours. Jack wanted to know your net worth. Oh yeah, can you say it?

Yeah, like 20 to 25 million. It's pretty good. Jack is mildly impressed. But it doesn't matter. Who cares? I mean, it does matter. If I lost it. We need a title.

But again, if I lost everything, I would be fine. It would actually be a fantastic. I don't know how I would lose everything. If you're looking for a place to lose that money. Yeah. Crypto. I'm sure that there are plenty of people that would be willing to.

Jack wants it. Except large amounts of money. Jack was going to ask you also for a million dollars. I was kidding. I'm kidding. I don't loan money out to people, but I do donate to charity. So if you know any charities, if people watching this know any charities, I'm always looking for new causes, like building schools, helping animals,

helping the environment. We just did NAMI, the national. The National Alliance on Mental Illness. Nice. Yeah. There's a hugely under-prioritized issue. What's your favorite? I mean, I'm all about education.

So we built 70s school so far. Oh, he's talking about Pokemon cards. Yes, your favorite Pokemon cards. Oh. I was kidding. No, I was joking day. I don't do Pokemon cards. I know you did that with like Logan.

Yeah, yeah, yeah, yeah. You know, Logan is actually in like Kansas with like one of my friends. His family owns like a card shop. And so he's like doing a whole new thing. Oh, cool. With like, I guess there's like a $2 million. card or something. I don't know. Oh, the Illustrator Pikachu. Yeah, yeah, yeah.

So that's in Kansas. Yeah. So your advice for Graham is that he should continue growing his YouTube channel. 100%. You don't know very much about me, but what would your advice be from me? Stay by Grant. Stay by Grant. Learn from those who are successful.

Learn from those who are like creating a new path and then find your own angle too. Like I'm not saying like you have to be by Grant, but you know, you could literally do your end of the vicinity. and you can learn from this, and then you can start saying, oh, I'm actually better at this.

So a lot of my students, like, they start learning from me, but then they mold their strategy. We can't let Jack get too good, though, because then he's going to go off and start his own thing. So we got to cage him a little bit. You have to cage me.

Yeah, cage him a little bit. We wanted to get good, but not too good. Yeah. No, it's probably inevitable, though. I hate to tell you, because he's asking good questions. No. But you guys can work together. Stop asking good questions.

No, invest in his business, and then, you know, you can grow your net worth and you grow your business. by investing in him. That's how it'd be like I love the fact that I like this now I like I'm sorry he's a good guy. I should have said it it was going good up until I usually stick my foot in the mouth that at a certain time. What are we? In hour 16 I mean it usually is like within like 30 minutes so I've lasted longer no you learn from successful people you see what works and then you find what works best for you and then you try to create a circle of successful people so I'm very proud that my

students are now teaching even though they have slightly different patterns of mine fantastic I can only do so much, as you say, like the whole 16, 18 hours freaks you out, right? So now I have students who are doing the work and I'm like asking them sometimes, like, hey, make a video lesson on this trade and they do like a 45-minute video. 45 minutes I didn't have.

So it's good to have helpers. It's good to create like a whole circle of success. That makes sense. I think that's a good, that's a good quality statement to truly understand that one size does not fit all. Yeah. Right? Like everyone has their own strategies.

What I've noticed is that some other people would be so convinced that so I loosely loosely trade options or lightly trade options like I'm not super into the rabbit hole right but yeah of course but I've talked to plenty of people and they're like oh my option strategy is they think it's the best right everyone thinks their option strategy is the best until they lose everything right right but like I I'm fairly confident in my strategy and when I try to talk to other people about it like I always say like never develop your own strategy right Because if someone were to copy my strategy, like, exactly, like, they would lose everything. They don't know.

They don't understand, like, my thought process that goes along with my strategy because I've, I've adapted my strategy to fit what I know, like, about myself and my wrist tolerance. Everyone should learn from somebody who's successful, but then tailor it to yourself. This is what I say to all my students. Like, I'll teach you what's work for me. Then you choose a strategy. Do you like going short selling? Do you like buying breakouts?

Do you like holding for a minute? Do you like holding for an hour? I have this one student, Tim Lento. He just says, oh, these stocks. or scams, let me just short them and hold them for months. And he does, and he's made 700 grand. I tried to hold it for like two or three days and the stock isn't budging and I'm like freaking myself out.

I'm like psyching myself out. I don't have that patience. So even though they're scams, even though they are going to collapse eventually, it takes a certain mindset and, you know, strengths and weaknesses to do that. So you just have to accept that. That's the market. That's any market. That's money making in particular.

That's why people watching this, like you try to do exactly what Graham does. It might not work exactly for you, but take big. fits in pieces from what he's doing and then implement that. You know, because obviously he's doing a lot of successful stuff. Then you try that too. And you're like, oh, this actually like helped me speed up my learning curve. That's all you can do is speed up people's learning curves and speed up their little, you know, wealth curves a little bit.

But the people still have to do it themselves. They can't just say, oh, I'm just going to copy somebody else. It doesn't work that way. The ride that steals the spotlight every time it hits the road. That's the Volkswagen Tiguan. Its sleek exterior makes a first impression you can't ignore. Step inside to find available full leather seats and wood accents. Under the hood, the available 201 turbocharged horse power engine gives it a fun to drive edge.

The refined Tiguan, you deserve more style. Visit vw.ca to learn more. SuvW, German engineered for all. All said. Do you have any questions for grammar I? No. Well, thank you so much for coming on. What did that said you?

I wish I did. Is there anything else that you wanted to say? I think I said pretty much everything like five times over. Just find what you love. Do what you love. It's not just about how much money you make. Donate to charity. Think about the world too.

This is one thing that I would like to stress where it doesn't matter how rich you get if we lose the earth, if we lose the environment, if we lose our wildlife. It's all interconnected. I highly encourage you to watch David Attenborough's new movie on Netflix. What is it? A Life on this planet. Is that the guy who does this? the voice. Yeah, yeah, he's the voice and he has a new one. And he's, he's been documenting the

wildlife and the environment. He sees how it's all disappearing. And it's going to, you know, lead to a lot of repercussions and consequences over the next few years. So as much as you want to focus on your own wealth and your own future, it doesn't work unless we start thinking about everybody else too. And that's something that's so urgent in the next five, 10, 15 years, with plastic, with too many animals, with so many different things. And it's, you know, if everyone does just a little bit, I'm not saying like everyone has to like give up everything. But I think if we all start doing little things, it makes a big change. I like it.

Cool. How many cars do you have? Zero. I sold them all. What about how many credit cards do you have? Like five or six? How much money do you have in your wallet? This is rapid fire.

And then what's your credit score? What's your credit score? I have no idea. I don't need to borrow. We should ask everyone from now and what's in your wallet. Yeah. That's a great. So I got, I'm superstitious.

I got my two $2 bills. Okay. And I got Lima Rupia. I got some yen. Another Lima, rupee. Is this just leftover cash? Yeah. No, no.

This is just from like my last trip. I was in Turkey. This is Turkey. And then I got like what, five, six, $6.20. $6.20. That kind of thing. It's pretty good. I don't know.

I mean, it's just whatever is in my wallet. And then if you want to take this as a souvenir. It's up to you. I'm okay. I literally, so like I have my cash photos. And I actually did go to the bank and I got the. cash out. I don't use fake cash. I don't like fake cash. There's a whole conspiracy theory like sites has no cash. You can just get a bundle of a million dollars off eBay and it's like $300.

But I literally went to the bank, Bank of America and I set it all up and it was a, but it was good. These make really great coasters. They do. It's cool. It's perfect. Thanks for having me on, guys. Thanks so much for coming on. This has been fun. It's good to do what, what, two jubilee? Is this three? Is this three? Yeah. This is the few jubilees. We'll see how the next one comes out. second or third jubilee we've done together. So we'll see for the fourth. Yeah. Let's keep it going.

So with that said, you guys, thank you so much for watching. Really appreciate it. We'll link to all of our information down below in the description. Make sure to subscribe, hit the notification bell. Get your free stocks from Weble. Join the mentorship group. And thank you so much. Thank you so much for watching.

Hey. Print it. Perfect. So do you have a Jewish mom too? I do have a Jewish mom. She makes amazing good sandwiches every day. Jewish mothers. Yeah.

And so I go back like I was in Florida. Look at this. I'll actually show you. I take this as a badge of honor, too. Does your mom make sandwiches for you? Kind of. Kind of. Not anymore. How old are you?

22. Well, I'm double your age and I still get sandwiches. So this is literally my text. This is funny. So I had problems with like TV failed to connect. But like, look, so I'm like, I was saying that. You just text your mom breakfast? Yeah, yeah.

Look, breakfast. Look, I say breakfast. And then she says, like perfect timing eight minutes groovy breakfast coffee what's the Wi-Fi are those demands oh they're just requests breakfast let's see look at his text to his mom breakfast you see I didn't even wake up like this was at like 547 I was like break God I wish the people this is dinner this is awesome I'm a mama's boy I admit that's cool hey I'm a total parent's child as well and when I go home like my mom likes to take care of me like I'm an only child so like she feels like a mom so like I'm

doing her a favor too, but I'm also getting... That's good. All right, so we have all the guests introduce the podcast, so you've got to say, welcome to the iced coffee hour. My name is Timothy Sykes. Oh, wait, what episode are we on the 25th? 25th, yeah.

So you have to say, welcome to the 25th ever episode of the iced coffee hour. My name is Timothy Sykes, and so far, we have made $12,418. Just say $12,400. I think it's good. For what?

On the podcast. On the podcast. Are you serious? AdSense on the podcast. Literally, that's what I started with. I thought you were like saying my, I started with $12,415. I was like, no, it's $415.

Oh, well, you'll know that then. Just say the number you start with. No, that's crazy. That's cool. Wait, which camera do I look at you? Whichever, look into this, the main, this is the, yeah, that one. That's why.

You made 12,415. Are you serious? That exact number? Yeah. 418. Literally, I started in 415. This is in my bio. This is everywhere.

That's $12,415. This is destiny. It's beautiful. Cool. All right. You got it down? 25th ever episode 25th ever

And we've made or you've made Just say we've Yeah we're all part of it Yeah and this is the iced coffee hour Cool Ready? Let's go