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Posted 10 days ago. http://timothysykes.com/2008/05/01/tim-6-month-review-earn-47-while-the-markets-drop-10-investopedia-should-revise-their-factually-inaccurate-dictionary/

TIM 6 Month Review: Earn 47% While The Markets Drop 10%

Tags: Financial Media Circus, Link Love, Milestones, Monthly Review, graphs

Yup, that’s right, tiny, loud mouthed, mistake-celebrating TIM just busted a cap in the ass of the joke that is the financial industry by implementing my own brand of PennyStocking, or short selling View definition in a new window penny stocks, a niche that’s supposedly random/akin to gambling and according to Forbes’ oh so popular Investopedia, in their definition of short selling, impossible to short sell! Screw them, the graph below says it all:

Maybe in the future more attention will be paid to this accurate definition of short selling View definition in a new window—written by somebody who’s made millions from this strategy instead of some wannabe who’s just the latest journalist joker…you guys remember Sri, the theater major over at CNBC (fired yet?) and TheStreet.com guy who wrote about a product the company had already sold (fired yet?)! How could we forget—after all, their jokes have been very profitable for me and my readers.

Sorry, I digress—my blood is boiling from the amount of misinformation out there—this is a time for celebration and review. After all, while I made plenty of mistakes, a 47% return in 6 months is something to be proud of. So, take a look at all the most important posts during this journey, I promise, no matter what Investopedia says, this strategy is alive and well, legal and learnable (and to you haters, just wait until you see what I can do when I no longer have to deal with the pattern day trader rules, I plan my speaking schedule better and I’m not building a revolutionary new website…when TIM reaches $100k, it’s gonna be damn fun shutting you up as I make $50k+ in 6 months):

Successes:

Shorting Into A Factually Inaccurate Article

How I Made An 8% Return Before Lunch

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

Why My Strategy Works Even For Stupid People

God, I Love Short Selling Penny Stocks!

Redemption Trade

Failures:

A Truly Amateur Trade

I’m One Of Those Idiots

I’m Better At Being Cynical Than Optimistic

I’m A Terrible Timer

Horrible, Horrible Trading

Fun Times:

Speaking At University of Buffalo

$1 Million Or 1 Million Page Views?

Ashley Dupre Girls Gone Wild Pics

36 Hours In The Life Of A Trading Addict

Even I Can Still Learn From My DVD

Why It’s Easy To Succeed In This Industry

Important Lessons:

5 Penny Stock Misconceptions

The Stock That Killed My Hedge Fund

37 Points Of My Strategy

Magic Stock Market Formula?

Examples of The Sykes Pattern

I Like Trading Frauds!

Rants:

Damn Pesky Financial Writers!

To All My Haters Out There

Why The SEC Are Rapists

Wall Street Sequel: Idiots Never Sleep

I Will Be The Top Stock Blogger In 2008

On Gold Diggers And Transparency

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4 Responses

  1. 1eb

    May 1st, 2008 at 3:37 am

    Nice Tim!

  2. 2TIM Sykes

    May 1st, 2008 at 3:44 pm

    thanks, pissed off though that the new site erased the 40+ comments on this post, we had a good assumption-making incapable-of-doing-proper-research hater, it was great

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UPDATES

May 11, 2008

Cool interactive video interview we'll be trying out tomorrow afternoon, let's hear some questions!

May 11, 2008

WSW casting call, maybe I'll go and film the auditions!

May 10, 2008

Uh oh, you're gonna have to learn on your own!

May 10, 2008

Saturday linkfest, read it or weep

TIMtrades

Learn from my successes, learn from my failures, learn from TIM. Learn more HERE.

Date Stock Buy Sell Net
May 7 VRML $3.05 $3.75 $890
May 6 VRML $4.42 $4.36 $180
May 5 LGDI $4.42 $4.67 $353
May 2 VM $3.97 $4.01 $12
Apr 30 BSHF $2.61 $2.55 ($74)

Total: $19,330 ( 56% )

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