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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timmy,
good year.
you started in Feb., you are 8 months in. you turned 12,500 into 1,600,000 in 36 months.
how do you see your current pace? Do you still think you can duplicate your previous accomplishment?
Based on your initial expectation and where you stand today, are you ahead, behind or what where you thought?
Either way, I’d take what you are doing now in a heartbeat.
Just curious.
Keep it going, I love reading your blog. don’t think I will attempt your strat as I am not yet convinced 500 people can profit along with you……Assuming the growth rate of your TIM ALerts subscribers continues, how can you expect 1,000 plus people to make profits on the same trades? Not saying you are a ponzi scheme, because you are DEFINITELY NOT, nor am I trying to compare you to one, but at some point the number of people who can profit off your TIM alerts will stop, just as in a ponzi. Sounds great, and works for the first few in, but than it stops.
big time fan of your. if I see you in NYC, i’ll buy some sushi
pace matters little, its just one pump and dump at a time. the pattern day trading rule hurt, the ban on short selling financials hurt, u just gotta adapt. timalerts isnt meant for everyone to trade alongside me, its more educational, tons of profit angles down here in the utter
is your chatroom up yet?
chatroom goes up by tomorrow morn for TIMalert subscribers only http://www.timalerts.com
new post:
http://timothysykes.com/2008/0.....ng…/
pace doesn’t matter?
isn’t pace (time) a variable in the calculation of rate of return?
now you are confusing me. just trying to learn.
pace has never mattered, u take it one pump at a time, no expectations
Yes! New chat-room tomorrow! I mean, short selling is banned and 90% of Tim Alerts (which come once a month now) are shorts, but not to worry, a new CHAT ROOM is being launched for Tim-Alert subscribers! I don’t know about you guys, but a CHAT ROOM more than justifies a monthly charge of $30 to get ONE ALERT of a short — where shares aren’t even available, because we can now talk to each other 24/7 in a new chat room! SIGN. ME. UP.
MG, u can play penny stocks any number of ways, i just provide mine…u forget 99.9% of newsletters are shit, their picks are right less than 50% of the time. the competition is so shitty, i dont even have to try even though i’m still determined enough to work my ass off