On Luck In Trading, Tonight’s Podcast And The Winner Of The Ashley Dupre Sponsored DVD Giveaway Is…
The good people at Random.org chose a winner for my FREE $300 PennyStocking DVD Package Giveaway that includes:
6-hour instructional DVD course
220-page instruction manual
Autographed copy of An American Hedge Fund
Priority response from me on any and all questions
And the winner is…….the editor of TraineeTrader.com! Congrats man, hope you like it. Everyone else who signed up, don’t worry you can purchase your own HERE!!!
What exactly do I teach, well, nothing short of how to profit by predicting 5-20% moves in stocks that fit my model. Microcrap and smallcrap stocks that is. With COIN tanking 8% today, VLNC surging 8% and my last 4 trades—KBX, GENC, FEED and COINW—all acting predictably, even if I only profited slightly (perfect trading is a myth, but it’s really NOT hard for you to do better than me). I have plenty of excuses for my personal failings—not comfortable, intraday meetings, etc.—none of which matter to you as this data proves my thinking and teaching is correct:
3/20 Shorted COIN $8.78, Covered $8.78 (meeting), 2 hours later $8 9% move
3/19 Bought VLNC $4.12, Sold $4.11 (uncomfortable), 1 day later $4.45 8% move
3/18 Shorted KBX $1.79, Covered $1.71 (uncomfortable), 1 day later $1.50 16% move
3/17 Bought GENC $15.19, Sold $15.35 (uncomfortable), 1 day later $17.50-$18 15% move
3/12 Bought FEED $12.40, Sold $12.50 (uncomfortable), 1 day later $13 5% move
3/7 Shorted COINW $12.35, Covered $11.34 (uncomfortable), 1 day later $6.50 49% move
Now there are a few sales pages with these kinds of trading gains too, buuuuuut none of them detail their picks and plays freely hours and days before the big moves. Nor do they have audited track records. Nor are they willing to answer any and all questions. In short, advantage Sykes. I’m not making this up, it’s ALL real.
Buuuuuuuuut no matter how much money I make myself or, more importantly, others, there’ll always be skeptics, so you cynics out there, right along with my fans and people who have nothing better to do, call in tonight at 5PM EST for a BlogTalkRadio/Zecco Sponsored LIVE chat between myself and The Disciplined Investor himself Andrew Horowitz. Click HERE for details…You’ll be free to ask us any question you want, so bring it!
Find out what I am doing right now by following me on Twitter! If you like this post then please consider subscribing to my full RSS feed. You can also subscribe by email by signing up below and have new posts sent directly to your inbox.
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- How much money do I need » Blog Archive » On Luck In Trading, Tonight’s Podcast And The Winner Of The Ashley …
- Stock Trading Secrets » Blog Archive » On Luck In Trading, Tonight’s Podcast And The Winner Of The Ashley …
- Yup, Even A $12 Loss Offers Important Trading Lessons | Timothy Sykes - Stock Trader, Author, Entrepreneur
- Sykes’ Saturday Seven: March 22nd, 2008 Edition | Timothy Sykes - Stock Trader, Author, Entrepreneur
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Stocks Reviewed
UPDATES
I was dead on about FPP and that's why I made $500...post coming soon
Missed my PDO short, uhhh can you say history repeating itself?!?!
Guest post from a trader who buys these turds...successfully
May 22, 20087 more stocks to watch!
FPP struggling to gap higher, is today the day?
May 21, 2008Details of my bad morning trade...for your learning pleasure
Details of my bad afternoon trades coming soon...after I take a much needed nap
Stock Watchlist
| PDO | $20.09 | |
| MXC | $35.25 | |
| CPSL | $5.72 | |
| CDY | $2.93 | |
| FPP | $5.75 | |
| CASH | $25.01 | |
| KYUS.OB | $3.78 | |
| HYBR.OB | $4.88 | |
| FORC.OB | $2.15 | |
| MMGW.OB | $1.81 | |
| CNEX.PK | $3.65 |
TIMtrades
Learn from my successes, learn from my failures, learn from TIM. Click here to learn more.
| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| May 22 | FPP | $6.25 | $7.00 | $505 |
| May 21 | PDO | $27.49 | $26.38 | $343 |
| May 21 | FPP | $8.02 | $7.44 | $599 |
| May 19 | MXC | $27.50 | $27.08 | $95 |
| May 19 | FPP | $4.13 | $3.92 | $363 |
| May 16 | KYUS | $2.50 | $2.49 | $67 |
| May 12 | CNEX | $7.20 | $6.00 | $740 |
| May 7 | VRML | $3.05 | $3.75 | $890 |
Total: $17,636 ( 
42% )
1James Wilcox
March 20th, 2008 at 11:13 am
congrats Trainee! Now go make some mad scrillas pennystocking!
2fc
March 20th, 2008 at 12:28 pm
Hey Tim,
just ordered your book and can’t wait to get it. Let me ask you, I want to start a LLC and trade through it, is that what you do? How did you set up TIM as your business? I don’t want to take on any investors but just trade for myself with my own money. Could you give any advice on the best way to get started?
Thanks.
3timsykes
March 20th, 2008 at 12:33 pm
TIM is not a business, BullShip Press, LLC is the business, set it up through some LLC lawyer, a few hundred bucks
FYI Visa question askers, this was my take yesterday:
http://www.bloggingstocks.com/.....-visa-ipo/
4fc
March 20th, 2008 at 1:03 pm
So do you trade though BullShip Press or is that for everything else you do?
5timsykes
March 20th, 2008 at 1:04 pm
haha no, my account is in my name. if u don’t want investors u don’t need any LLC or company, just open an individual account
6Brian D
March 20th, 2008 at 1:21 pm
That Ashley Dupre chick is nice, not only does she give $5000 blowjobs (which I would hope are damn worth the price) but she sponsored the giveaway. What a great gal. I am half tempted to rag up her myspace/facebook and ask her what the next best stock is going to be.
7Hugh E. Rexson
March 20th, 2008 at 1:42 pm
Congrats to the contest weiner. Hopefully he’ll study hard and learn well, lest he too get screwed by Ashley.
8Mike
March 20th, 2008 at 1:47 pm
TIM, you can’t go short and then look at the low the next day and say that’s what you coulda woulda shoulda made. And you can’t go long and then look at the high the next day and say that’s what you coulda woulda shoulda made. If the stock has a big range you’ll claim a large amount of potential profits even it’s not random. Your picks here were impressive and clearly not random but you chose a bad way to show the possible gains.
9timsykes
March 20th, 2008 at 2:03 pm
mike, u misunderstand me, i’m not saying i coulda woulda shoulda, “i” don’t matter. i tried to make as much as i could given my risk tolerance and other commitments. u on the other hand can and should do better. i’m merely pointing out the possibilities here because my P and L does not tell the whole story
10Max
March 20th, 2008 at 3:03 pm
‘if u don’t want investors u don’t need any LLC or company, just open an individual account’
I could see a situation where you want what amounts to an incorporated personal account: if you’re running a highly leveraged absolute return strategy managed largely by a mechanical system you might want to make sure they don’t take your house if you blow up a la Carlyle (last week was it?) or LTCM (1998)
if it’s an individual account your broker can come to you personally for all the money burned without even seeing it
OTOH, Sir Tim discourages the use of leverage, particularly for his strategy
just a thought
11James Wilcox
March 20th, 2008 at 3:29 pm
Tim, looks like you are being trackbacked by content scrapers. Posts 2 and 3 are from aggregating websites…dunno if you care or not, just thought I would let you know.
12Michael Berk
March 24th, 2008 at 1:29 pm
IN!