May 2008 Review: The Only Real Mistake Is The One From Which We Learn Nothing
Posted by timothysykes on Sat 7th of Jun, 2008 01:26:18 PMMay was an interesting month and no matter the multitude of mistakes, I gotta say it was an outright success. Sure, thanks to me focusing too much on building this new site, not being disciplined enough in avoiding commodity plays or more importantly, waiting until they showed some–any–weakness to short, not being able to take enough pain before the damn busted (CNEX!!!!) or getting a short trade executed accidentally when I told everyone else to stay away (VRML!!!!)—yes made just about every mistake in the book, wasting away precious opportunities as if I was Britney Spears—TIM finished down just over 2% at $17,807…. Boo freaken hoo—now with less projects, albeit slightly, less sleep, sucks, I’m up already up 5% after 3 good trades this month!
Definitely more importantly PennyStocking students like Jeff Moates and Tony Ellis, are really banking, think $10,000+/month, no joke, aka doing much better than me—as I predicted throughout my instructional DVD…“you can do better than me”—and that’s certainly the reason why my website traffic is breaking out gradually…not a pattern to short like it was back HERE

In summary, yes, I screwed up a lot, so what, I masterfully controlled my losses, you guys learned from it, I learned from it, now we’re all better at trading, we can l augh at the 90% of traders who don’t know what the F#$! they’re doing, falling prey to “gurus” who cost thousands of dollars but fail miserably at enriching anybody but themselves and thus who should be taunted/ripped apart regularly and sternly, we understand the risks better, our profits are getting bigger the world is a better place. Welcome to my mission, enjoy!
Good Trades
Finally shorting into panic, gooooood Timmayyyy
Another perfect short, just wait for that momo to die baby
Good strategy, bad SEC bin Laden!
Bad Trades
Lack of discipline + bad SEC= bad news
My peeps make more $ than me, should they pay for the inevitable inaugural PennyStocking party?
Can’t believe I missed this one, this is akin to Britney losing millions by shaving her head, we both suck
Breaking rules is no fun, especially when you got something so perrrrfect
Too busy to trade, ya lil bitch
Wow, what a missed opportunity, think thousands in easssssy profits
And for my final screw up…
Important Lessons
Watch TV, get rich (by not trading)
Trust nobody, not even yo mother if she’s a financial blogger
Dennis Gartman just got owned!!!
Shutup, seriously just STFU already!
Trading journals are fun, fun for everyone, get her doneeeee
This is not optional reading, I don’t have patience to deal with you cocky Caucasians
Frigging imposters, so sketchy, I love it!
Gartman you a rich ass pump and dumper, yeah u r
Basics
What spam looks like
Sideways price action explained
Basic terms, quiz tomorrow
How to short sell pumped up penny stocks
Fun Times
Liiiiiiiiivestock old episodes
Audio version of my book, it’s beautiful
CNBC are liars, Maria’s naaaasty
I’m def. gonna shave my head and remake this music video
Get in on my college tour, it’s gonna be wiiiiild
Traitor Monthly just sux cuz of THIS guy…good thing all his readers are too coked out to matter anyway
TIMstore Monthly DVD Specials:
See all TIM DVD specials HERE
Related Reading
-
Max
-
timothysykes
-
marketwizards
-
ivegotstylekid
-
cash
-
Mike_13th
-
cash
-
AdamN
-
Mike_13th
-
cash
-
Mike_13th
-
Mike_13th
-
YngvaiMalmsteve
-
cash
-
cash
-
Fantom
-
hottpotat0
-
Rambone
-
YngvaiMalmsteve
-
Mike_13th
-
matt

TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| 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: $92,304 (644%)

Tags:
















