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 $33,956 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.
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).
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.
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)!
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haha thats classic
Don’t be stupid Tim. How do you think those American tax payers have been subsidizing their housing costs and driving up the value of the only real asset they own. With cheap debt borrowed for foreign lenders and aggregated by Freddie and Fannie, that’s how. Whatever the cost of the “bail-out” it won’t come close to eliminating the net gain provided by Freddie and Fannie to the average Tax Payer.
Looks like Cramer might be right about a huge rally on FRE/FNM news. Nikkei and futures up 2%+ as of now.
Combine that with another hurricane and it should get a lot of spammers/pumpers working hard.
Not going to be a boring week!
new post:
http://www.timothysykes.com/ad.....ess-story/
futures were up 1.5% on friday afternoon, cramer’s gonna take credit for a rally that already begun
Yes it will be an interesting week. And to add fuel to the fire the market is at very important technical levels, Friday’s trading hit support at the last major lows.