Portrait Of A Successful PennyStocker: Adam Neiderhiser, Part 1

Posted by Timothy Sykes on Mon 29th of Sep, 2008 03:13:59 PM

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In THIS article, I detailed the success of a certain Adam N. who’d risen through the ranks of Covestor (see rankings HERE) to be neck and neck with me.

Now Adam was kind enough to send me detailed information about his trades and he even seems to have the right outlook—that being not to have any expectations…so enjoy his numbers—while not huge, they’re fairly realistic as to what my PennyStocking DVD and all new ShortStocking DVD seek to help you achieve. So get inspired as you see exactly what’s possible in the following he emailed me a few days ago:

Here is some information about my returns generated to date.

I started following you in June of 2008, which is when I opened up a TOS account (leaving Scottrade) and started to trade stocks based off of your methods. I got off to a bit of a rocky start, as I was inexperienced and undisciplined, but here are the last 4 months of my returns as well as where I currently stand.

(All figures are net gains after commissions)

Starting Account Size: $7665

June Return:
Profit: $661
Total Account: $8326
% Monthly Gain: 8.62%

July Return:
Profit: $ -1715
Total Account: $6611
% Monthly Gain: -20.60%

August Return:
Profit: $2773
Total Account: $9384
% Monthly Gain: 41.95%

September Return (To Date):
Profit: $4405
Total Account: $13789
% Monthly Gain: 46.94%

Leaving me with a net gain of $6124 or 80% since trading based off of your methods. I am confident that I will soon reach doubling my initial investment, only $1541 to go. But like you say, one pump at a time.

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Adam

nice!

Jorge Morales

Next big idea VSE take a look at this beauty of a chart!

I say: "Make reservations while you can!"

Erich10

does cypb look like a good short for tomorrow (on red). To me it looks like it fits TIM's criterea. Up 3 days in a row, closing slightly read today, falling volume.
Any second opinions would be nice.

Scott

Boring chart dude!

direhack

Why is your Sept 26th Livestock a music video? What the fuck?

Getshorty

Just posting on a long term short I am keeping at a side, BAP

shane

just curious what was Adams share sizes on average on an acct of $7k ?, AND did you play multiple shares or was it one at a time ?

cash

congrats adam

neil2

everything looks like a good short tomorrow. My prediction: vote passes on Wed......but this has nothing to do with TIM methods.

AdamN

shane, I usually try to stick to stocks trading under $5.00 w/ my small account. My shares sizes varied between 500 - 2000 shares depending on the stock price and how ideal the setup was. Usually between 40 - 60% of my account size when it was under $10k. Keep in mind that the money I trade is money I am willing to completely lose so that is why I sometimes use the majority of my capital in a trade, but that is not normally recommended. I am taking smaller positions now that my account is over $10k.

Also, my most successful trades are when I am only trading one stock at a time. Remember I am limited by the PDT rule, so I have to be very picky of my stocks and not waste any trades. I try to keep at least one day trade on hand at all time in case a really good setup comes along like SIL.

investorslive

At what time should people we worried if Tim doesn't post by? lol

Timothy Sykes

hahaha - Tim is fine and well!

younggunz

Way to go man.

investorslive

How was it, I did it and was so tired right after its such an adrenaline rush, no wonder all the instructions smoke a butt and drink redbull right before they head up

shane

Tks AdamN for the reply..

I work full time, how does one that works full time particpate in this style of trading, coz the recommendation is to wait for the noon drop and jump in ?

Tks for any replies

Getshorty

Shane, you gotta set alarms on your brokerage software, you determine what stocks you;ll be willing to play if they reach certain level, you determine a certain price at which the software, that may be running on the back, will trigger an alarm.

Also, in order to notice tim's alerts emails on time, I set a filter on my gmail that forwards emails from tim's email to my cellphone.

JeePee

Congrats AdamN! Indeed an inspirition to all of us newbies and small account traders! Well done and happy trading!

Timothy Sykes

new post:

http://timothysykes.com/2008/09/30/how-to-profi...

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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 $58,000+ 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. Currently he is the #1 ranked trader out of 25,000+ on Covestor)

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 2000+ 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 instructional DVD.

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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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%)