First Quarter 2008 Review: Earn 21% Every 3 Months And You’ll Live A Happy Life

Posted by Timothy Sykes on Sat 12th of Apr, 2008 03:06:42 PM

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Coming off my best week since I started TIM 5+ months ago ($900-ish profits), it’s good to review past successes and mistakes. Without further ado, I give you the first quarter of 2008 in a nutshell, where TIM used small account size–finishing at $17,388–combined with PennyStocking to thoroughly dominate the performance of ALL major indexes, even while making tons of mistakes. Follow along and learn to do the same…already 5% higher in April and I’m just getting warmed up…

Successes:

How I Made An 8% Return Before Lunch

How I Made 25% Just By Holding A Distinct Pattern Overnight

How I Made 8% In One Morning, Leaving 40%+ On The Table One Day Later

Why My Strategy Works Even For Stupid People

God, I Love Short Selling Penny Stocks!

Failures:

I’m One Of Those Idiots

I’m Better At Being Cynical Than Optimistic

Those Who Can’t Do, Teach

I’m A Terrible Timer

Horrible, Horrible Trading

Fun Times:

Ashley Dupre Girls Gone Wild Pics

Before Dupre, TIM And Traffic Were Still Surging

The Unmasking Of Spitzer’s Call Girl

Me And Maria Bello

36 Hours In The Life Of A Trading Addict

Important Lessons:

The Stock That Killed My Hedge Fund

Lots Of Market Randomness, Avoid That Crap!

37 Points Of My Strategy

Don’t Be Scared Of The Bear Market

Magic Stock Market Formula?

Rants:

To All My Haters Out There

Are You Prepared To Pay For Our Economic Sins?

Crap Company Chart Pattern Awards

Why The SEC Are Rapists

IWall Street Sequel: Idiots Never Sleep

Spread This Post:

TIMstore Monthly DVD Specials:

See all TIM DVD specials HERE

Related Reading

TIM 6 Month Review: Earn 47% While The Markets Drop 10% May 1, 2008
Guest Post By Tony Ellis: How I Turned My Two Best Trades Into My Two Worst June 21, 2008
TIM 2nd Quarter Review: I Suck But Most Everyone Else In This Joke Of An Industry Sucks Worse July 8, 2008

Joe

Congrats on an awesome quarter.

timsykes

thanks, but i really am just getting started!

eric

Awesome work Tim!

Michael

Tim, what do you usually do on a lazy saturday?
go out with a hot chick and treat her a nice dinner?

Mr Cellular

F*ing Great Quarter Tim. You are a star for putting your trades online. Glad I found your blog after seeing you on CBS Sunday Morning. ROCK ON! May all your dreams come true.

manhack

Yeah it sucks for someone to make 21% return on a small investment....

manhack

oh and i'm being sarcastic. Good job Tim. I love your site and will continue to follow your trades. My strat will be to utilizer your "coma" technique. Short it and forget it for a week.

Dinosaur Trader

Fuck Tim and his "performance," I don't think he's finished first in the VO yet..

Listen, I just realized that the most popular posts are your site aren't about "pennystocking" but about Elliot Spitzer's whore. Maybe it's time to turn this into a porn site or something.

-DT

Joseph

What are you smoking, manhack? Timmy has no coma technique, what are you talking about? You misinterpreted what he said. You better learn from Tim; take profit and cut losses quicly; and move on to your next target. I wouldn't short pennystocks and try to forget about them just to maximize profit. You're asking for trouble, man.

timsykes

Michael never lazy anymore--spent the day writing some educational pieces for a new Yahoo! Finance column....then I went out for a nice dinner :)

Thanks cellular, manhack

DT--anybody else in the VO playing around with less than $20k? I doubt it....gimme some time, I assure the $ profits will go up as I bet more

Edward, I got no problem with u reselling the DVD, but don't advertise it on my site, try ebay, amazon/craigslist

timsykes

#6 you're damn right this strategy aint scalable, thank u for looking down on it, snobs like u are why it works so well! remember, good things come in small packages

Oliver

yup, no doubt a great quater for a small account and in general a nice return in profits. but i think penny stocking is a bad comparison to the S&P500, NASDAQ and/or DJI.

Kepp it up, I think everyone is appreciating your work even the haters because they wouldnt have anything to hate on without you.

timsykes

oliver, if not the major indexes, what could i compare to? its a hedge fund strategy--minus the hedge fund-type scalability--but everybody compares to indexes

Bill aka NO DooDahs!

Tim, you could compare it to an absolute benchmark that you've set.

How about ... taking your final goal and deadline time, converting it to a quarterly compounded gain, and measuring the return against that?

The indices are a joke comparison for everybody -- the only applicable time to use the S&P 500 as a benchmark is if you're confining your trades to the S&P 500 stocks, ditto for Dow or Nasdaq, if you're not trading entirely inside those indices, there's no point in using them as a comparison.

timsykes

experience teaches me deadlines and goals are the absolute worst thing a trader can do...gets you to feel ahead/behind and leads you to force trades or become overly conservative...for me, the best way of looking at it is to thin i'll never make another trade in my entire life--that way i bide my time waiting for worthy opportunities

the comparison to the indexes is to show the superiority of a niche trading strategy like mine over the path the vast majority of investors take

McLarty

Tim, congrats on the great quarter...I'm in the camp that thinks it's not scalable...but hey, more power to you if you can prove me wrong, you handsomely trounced my 3 month performance, so hats off to you.

This is the first time I've been to your site...got a couple questions for you, they are pretty simple yes/no type questions. I'm humbly curious.

1. Were you trading mostly long positions, during a great bull market, back when you made your first million from your ~$12000 gift?
2. Did you mostly make short trades during, the last ~3 months?

timsykes

made my first mil being a naive/lucky buyer of these microcraps, 2nd mil shorting them

vast majority of my trades ever since--including ALL my big winners--have come from the short side, check out my book for all the details:

http://www.amazon.com/exec/obidos/ASIN/09795497...

And yes, its not scalable past a few million, thats why i've taken it to the general public...lots of people wanna learn to make a few extra grand/tens of maybe even hundreds of thousands

eric

Tim...your blog about that crazy video on youtube seems to also have boosted your stock! Wow you have tons of haters, but if you have haters, then you must be doing something right because while they're thinking about you, I know you're not thinking about them. I cant wait for your new website. I could have sworn I read somewhere on your website that you have a goal of 300M of "F You Money?" Keep up the awesome returns!

Bill aka NO DooDahs!

I thought the recreation of your 12.1K to 1.65M gain in 3 years would be your goal and timeline.

timsykes

haha 12k to 1.65 million is the ultimate goal, but first time it took 4 years....i've said in interviews with my newfound conservativism and focus on writings/teaching, it'll probly take me 10 years...who knows, just take it one trade at a time

Bill aka NO DooDahs!

In ten years, I think that's +13% a quarter, compounded quarterly. In four years, that's +36% a quarter, compounded quarterly.

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Start Here

Who Is Timothy Sykes And Why Should I Care?

See Tim's full bio HERE. Tim turned a few thousand dollars into a few million by taking small gains time after time on hundreds of volatile penny stocks, discovering that his trading strategy, while consistently successful, works best for those with smaller accounts.

Determined to teach others this PennyStocking trading strategy (learn more HERE), he went back to his original $12,415 roots (already $58,000+ even though the stock market has crashed) to show everyone how to turn thousands into millions, even while having a life (somewhat) and making plenty of mistakes. Currently he is the #1 ranked trader out of 25,000+ on Covestor)

How Can I Consistently Make Money In The Stock Market?

Hard work, Determination and Know How.

Hard work to learn how the greatly misunderstood niche of penny stocks provides opportunities every now and then on which you should pounce.

Determination to seek those probable profits out and know how in order to actually profit from them.

Long story short, wait for stocks that are extremely volatile - for whatever reason - and then aim to take small profits (between 10 and 50% within a few hours, days or weeks) here and there, either from betting on higher or lower prices (yes, you can make $ betting on lower prices, it's called Shortstocking (learn more HERE).

Why Penny Stocks?

As Tim explains in several ALL-NEW instructional DVDs (see them HERE) and in over 2000+ blog posts, penny stocks are the most hyped and corrupt niche in the entire investment world. These two qualities make them the easiest to profit from (legally) because the vast majority of people who play penny stocks are suckers and all-around ignorant people. If you have any intelligence whatsoever, you have a clear advantage and it's like playing basketball against mental midgets.

Where Do You Find Stocks To Trade?

This is the #1 FAQ (see more HERE) and it is answered in THIS instructional DVD.

Of course, that's just a brief introduction - to receive a full education, there is Tim's book An American Hedge Fund which is the story of his remarkable rise and lessons learned.

To truly increase your odds at profit, Tim has designed an entire set of detailed instructional DVDs, covering all the variables that amount to over 24 hours of instruction (see them all HERE)!

Join TIM

TIM Trades

View All

Date	Stock	Buy	Sell	Net
Nov 19	AENY	$2.80	$3.02	$1148
Nov 18	NLST	$4.16	$4.40	$947
Nov 18	IMGG	$1.42	$1.64	$2094
Nov 17	NLST	$5.04	$5.59	$2195
Nov 13	VRMLQ	$21.50	$22.97	$2901
Nov 11	EONC	$2.61	$2.80	$687
Nov 10	EONC	$2.74	$3.36	$9784
Nov 6	QXM	$4.31	$4.80	$1936
Nov 4	COT	$8.66	$8.88	$642
Nov 4	QXM	$4.61	$4.89	$822
Oct 30	DDRX	$25.70	$26.53	$812
Oct 29	CTDC	$4.00	$4.42	$781
Oct 26	AWSL	$3.24	$4.10	$2516
Oct 23	RODM	$5.27	$5.23	$301
Oct 22	AMLM	$2.69	$2.97	$820
Oct 22	USEG	$6.12	$6.09	$85
Oct 20	CBOU	$8.93	$9.06	$243
Oct 16	VRMLQ	$16.79	$18.65	$2773
Oct 13	YONG	$11.05	$11.66	$1202
Oct 13	NPHC	$0.59	$0.71	$583
Oct 12	IMGG	$0.60	$0.70	$682
Oct 9	ZAGG	$5.50	$6.10	$2380
Oct 7	GVBP	$0.03	$0.27	$702
Oct 1	NPHC	$0.70	$0.85	$1482

Total: $98,094 (681%)