Stockstotrade Review (Updated) by Timothy Sykes
In this Stockstotrade review, you'll learn about Timothy Sykes' program for stock trading. It offers tools and lessons to help beginners trade and understand the market better.
STOCKS
Course Name: StocksToTrade
Instructor: Timothy Sykes
Price: $179.95 per month
Overview
StocksToTrade is an online platform designed for traders who want to navigate the complex world of stocks without drowning in technical jargon.
Think of it as a trading command center, but instead of actual combat, you're battling the stock market.
The platform promises to help you make smarter trades, offering tools for analysis, strategy building, and news monitoring, all while you sit back and question your life choices.
StocksToTrade was created by trader Timothy Sykes, who is known for turning his bar mitzvah money into millions. In case you’re wondering, yes, he really does want you to do the same.
But instead of you trying to decode some ancient stock scrolls, StocksToTrade aims to streamline the process by giving you everything you need in one platform.
So, if you’ve ever found yourself Googling "how do I trade stocks?" in the middle of the night, this program might just save your sanity—or at least get you started.
Content and Structure
When you sign up for StocksToTrade, you get access to an array of tools and features. But before you go thinking it’s just another stock screener, it’s not. It’s like giving a stock screener steroids and then adding a personal trainer on top of that. Here’s a breakdown of what you’ll be working with:
Stock Screener: This is the bread and butter. You can filter stocks based on a bunch of criteria like price, volume, and float (which isn’t as fun as it sounds but is pretty important).
Charts: Because every great trade starts with lines that move up and down. You’ll get detailed charts that allow you to draw trend lines, identify patterns, and maybe even squint at it long enough to feel like a real trader.
News Scanner: Why manually search for stock news when you can let the platform do it for you? It scours the internet for the latest headlines that might affect your trades—think of it as your personal gossip column, but for stocks.
Paper Trading: Afraid to lose actual money? StocksToTrade offers paper trading so you can pretend you're investing without actually setting your money on fire.
Broker Integration: You can connect your broker directly to the platform. This means you can trade stocks without hopping between tabs like a mad person.
Watchlists: Because sometimes you need to keep tabs on stocks without committing. StocksToTrade allows you to create multiple watchlists to track your potential conquests.
Oracle Alerts: Nope, not a mystical figure, but an alert system that tells you when stocks are about to break out or break down. It’s like a warning bell, but less dramatic.
Level 2 Quotes: If you’re serious about trading, you need to know who’s buying and selling and at what prices. Level 2 quotes give you that extra layer of insight, allowing you to see deeper into the order book.
The interface is designed to be user-friendly, though "user-friendly" is a bit subjective when it comes to stock trading. It’s not exactly "plug and play," but with some practice, you’ll get the hang of it. If not, there’s always YouTube tutorials or banging your head against the desk for a while.
Who Is Timothy Sykes?
Timothy Sykes, the man behind StocksToTrade, is like the stock market’s version of an infomercial success story—except this one is real, and there’s no "set it and forget it."
Sykes is best known for taking $12,000 of his bar mitzvah money and turning it into over $1.65 million by the time he was in college. Yes, you read that right, bar mitzvah money. If your savings from your 13th birthday are still gathering dust, maybe it’s time to learn from the guy who figured out how to turn his into a small fortune.
Sykes built his fortune primarily through penny stocks, which are low-priced shares from companies you’ve probably never heard of and might never hear of again.
But that’s part of his charm—he’s made a career out of navigating the volatile world of penny stocks and wants you to do the same (preferably with less losing, more winning).
Beyond his personal trading success, Sykes is also a teacher and mentor. He spends a significant amount of time sharing his knowledge with others through various programs, including StocksToTrade.
He’s one of those "if I can do it, you can do it" types, but unlike most, he actually provides you with the tools to try. Of course, whether you can replicate his success is another story entirely.
Price
If you’re looking for a budget-friendly tool, Stockstotrade might make you rethink your financial priorities. The platform costs $179.95 per month, which, let’s face it, could easily fund your coffee addiction for the next couple of months. For those brave enough to commit for a year, it drops down to $1,899.50 annually, but that’s still no small change. And wait, there’s more: if you want access to broker integration, that’s an extra $30 per month. Basically, they’ve got you paying a pretty penny to maybe make more pennies.
That being said, they do offer a 14-day trial for $7, which is slightly better than burning money in a firepit. This trial lets you test out the platform, and who knows, maybe you'll make enough in those two weeks to pay off the first month.
Pros and Cons
Pros:
Advanced Tools: Stockstotrade offers a wide range of tools that can help traders of all levels, including real-time news, scanning tools, and integrated charting. It even has built-in Twitter scanning because, apparently, your trading strategy now depends on what Elon Musk is tweeting.
User-Friendly Interface: The platform’s design is intuitive, which is a fancy way of saying you won’t need a Ph.D. in computer science to figure it out. The learning curve isn’t too steep, making it accessible for beginners.
Paper Trading: You can test out your strategies in a simulated environment with fake money, which is perfect for those of us who are more into "pretending" we know what we’re doing.
Access to Education: With tutorials and insights from experienced traders, Stockstotrade tries to teach you as much as it does trade for you. It's like having a mentor, except without the awkward small talk and life advice.
Cons:
Pricey: For a platform that markets itself as a tool for traders to make money, it sure knows how to empty your pockets. At $179.95 per month, this isn’t exactly what you’d call an affordable option.
Limited Broker Integration: If you’re expecting seamless integration with your favorite brokers, brace yourself for disappointment. They only support a select few brokers, and getting that integration is going to cost you an extra $30 per month.
Overwhelming for Beginners: Yes, the platform is user-friendly, but it's still packed with advanced features that can make you feel like you’re taking a calculus class when you only signed up for basic math. Beginners might be left wondering if they signed up for trading or decoding the Matrix.
Learning Curve: Despite its claims of being easy to use, it can still feel like a steep climb if you're not familiar with stock trading. Watching all those tools and charts move in real-time might make you question your life choices.
Should You Buy It?
The million-dollar question: should you dive into Stockstotrade? Well, it depends. If you’re an experienced trader looking for a comprehensive tool that gives you real-time data, advanced charting, and access to a massive library of educational resources, then Stockstotrade could be a good fit. It's like having a Swiss army knife for stock trading—it does a lot of things, but you need to know how to use them.
On the other hand, if you’re new to trading and still trying to figure out what a "candlestick pattern" is without Googling it every five minutes, you might want to start with something a little more basic—and cheaper.
Stockstotrade's depth could leave beginners feeling like they're drowning in a sea of features they don’t fully understand.
It’s also worth considering how much you’re willing to pay for tools and features you may or may not use regularly. There are cheaper options out there that offer similar features, albeit with less flair.
My Conclusion
Stockstotrade isn’t a scam, but it’s not exactly a bargain, either. The platform is packed with useful tools, but the high price tag makes it more suitable for serious traders who will utilize all its bells and whistles. Beginners might find themselves overwhelmed, both by the interface and the cost.
If you’re willing to fork out the monthly fee, you’ll get access to some pretty cool features, like real-time news, advanced scanners, and paper trading. But if you’re more of a "dip-your-toes-in-the-water" kind of person, maybe stick to a lower-cost or even free platform until you’re confident enough to dive into deeper, pricier waters.
So, should you take the plunge?
Well, if you’ve got $180 a month burning a hole in your pocket, Stockstotrade will happily take it.
Just don’t expect it to magically turn you into Warren Buffett overnight. You might end up as more of a “Warren Budget” type.