SS7: Fun Business Class Perks, Why Prop Firms Are Scams & Bernard Baruch Quotes!
Posted by timothysykes on Sat 5th of Jul, 2008 10:57:36 AM
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Thank you to my wonderful sponsors—we have a new one in town Options University!
SpeedTrader (yes, you can short OTCBBs and Pink Sheets)
Now this is an interesting add-on for business class passengers!
The Globe tries to cheer investors up by saying even Buffett is down big this year…awwww, poor you!
You friggin morons, just learn Short Selling and you’ll be fine, nay, better than fine…I’m up 41.5% this year and a.) I’m trading part-time b.) have made plenty of mistakes and c.) suck at timing! You whining lil bitches need to learn shorting and PennyStocking!
AR has a list of “serious” finance links…reading any just makes me sick/bored/tired/annoyed, so you tell me if they’re any good, I friggin hate all this BS analysis/guesswork
MC has a great short post with tidbits from ES “how much money would you need to stop trading?”
Yes, it’s true, most prop firms are scams…after all, 90% of traders lose!
Baruch quotes, learn you lil hyenas, learn damn you! His book is REQUIRED READING
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| July 2 | KIRK | $10.60 | $11.53 | $1377 |
| June 30 | ISRL | $107.97 | $118 | $985 |
| June 24 | LZB | $4.53 | $4.81 | $1240 |
| June 17 | GWSC | $1.86 | $2.76 | $2679 |
| June 15 | SHZ | $1.66 | $1.83 | $280 |
| June 15 | SPNG | $0.11 | $0.18 | $630 |
| June 12 | JAZZ | $2.84 | $3.26 | $380 |
| June 12 | MAPP | $9.68 | $10.07 | $565 |
| June 8 | HEB | $3.00 | $4.18 | $334 |
| June 3 | GROW | $8.64 | $8.96 | $740 |
| June 3 | SYMX | $1.21 | $1.11 | $940 |
| June 1 | USCN | $0.55 | $0.86 | $260 |
Total: $65,674 (421%)
Check out the new TOS software. It now tells you how many day trades you have available.
So, when you start running out of day trades, stick with buying breakouts/shorting breakdowns into the close to conserve them
Kind of sucks as I was able to do more than 3 per week with TOS before. Looks like I can’t do that anymore.
I think I have made more this week short selling than 6 months of taking picks from Smartmoney, Fortune, and JIM CRAMER!
Also it’s been less work because of TIM ALERTS!
Thanks Tim.
Great articles Tim.
I’ve got one for you guys.
Visa
http://clubconspiracy.com/foru.....-6085.html
tim, if you ever come speak in Austin, tx I’ll give you a tour of the trading firm I’m with. Not all prop firms are shady just like not all pennystockers are evil.
tim wats up with TOS? they are cracking down now on day trades… please help!
its good for u, u’re trading too much anyway, ideal plays come about rarely
new post:
http://www.timothysykes.com/ti.....l-for-you/
here’s a link you might be interested in.
http://cody.blogs.foxbusiness......n-my-face/
Fantom: WTH on the Visa thing?