Lessons Of A Publisher/Video Blogger/Trader (In That Order)

Posted by timothysykes on Mon 12th of May, 2008 06:44:44 PM

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Looks like I should’ve scheduled my video interview for after hours because I got back after the market close to find myself down 40 cents/share on CNEX—which practically guarantees a higher opening tomorrow (even if the bid is pretty much where I shorted), I missed on NNVC’s perfect afternoon 25 cent/share fade (any of you guys get in on that?), which shoulda woulda coulda been a solid profit on my 2,000 shares (reserved earlier).

And just to rub it in, I missed out on PDO squeezing the stubborn shorts (who obviously haven’t watched PennyStocking or else they’d be out looooong ago, as I was) into the market close (I saw the morning spike above previous high of $9, but I don’t like buying, let alone buying morning spikes), which coulda woulda shoulda been bought for a probable gap-up/possible big-time morning spike tomorrow.

Sucks, but that’s just the life of a publisher/teacher/trader/blogger/self-promoter (in that order)

The news isn’t all bad—first, I half-expected CNEX to go higher, my entry was a bet the volume would fade (correct), it wouldn’t go much higher (correct so far) and I’ll be able to add either 300 or 600 more shares to my position tomorrow to average up (we’ll see). It’s a somewhat risky strategy—definitely not ideal like VRML, which went down another 15% today, meaning I left $600-ish in missed profits on the table(made easier by yet another reader of mine to posting a $3k-ish profit in just the last week!)—but since it’s such a small position and the company’s such a fraud, it’s a risk I’m willing to take.

More importantly, after filming, I got to meet all the cool people at Mogulus and it looks like TIMtv has found a home…I saw about 20 of you in their crazy video player chat room, what’d you guys think? I know the convo wasn’t totally stock related, so I mean how was the video/chat experience…could be just the beginning, maybe not even always filming in their studio just some marathon trading sessions where we can talk it all out like geeks playing a videogame, World of Warcraft 

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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 $27,000 even though the stock market is down 20%!) to show everyone how to turn thousands into millions, even while having a life (somewhat) and making plenty of mistakes.

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 900+ 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 blog post.

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)!