TIM September Review: Up 14%, PennyStocking Annihilates All Indexes, Strategies & Hedge Funds; Their Worst Month Is Our Best!
Posted by Timothy Sykes on Wed 8th of Oct, 2008 02:45:04 PM
Tags:
For the month, my account rose from $25,380 to $28,870, for a gain of 13.75%.
It almost isn’t fair. When multi-billion dollar hedge funds, that are supposed to be long/short thus hedged?!?!?!?, are down 15%+ on the month (per this Bloomberg article) and almost uniformly down on the year, I’m having a ball managing my tiny TIM trading account. Look at the year-to-date figures and see the difference:
I’m loving life cuz my subscribers are banking even more than me–see the testimonials on TIMalerts.com–and I don’t have to deal with any worried clients or even DVD customers cuz my entire blog, DVDs, alerts, mission in life is to get people to stay in cash–non of this diversification BS (how’s that workin’ out for you suckas!–ready to pounce at a moment’s notice in order to take it one golden opportunity at a time…
PennyStocking’s success relies on its practitioners to have small (under $1 million) accounts in order to take high probability profits that much larger predators (mutual, hedge funds and rich traders) don’t care about.
To be sure, I only made $4,000 for the month through trading, (antoher $40,000 from blogging, see the details in this post, Jew yahhhhhhh!), but the good news is that 99.9% of you out there would love to have an extra/easy $4,000 in your pocket. And I even screwed up the trades on which I made $4k so in a better trader’s hands, we’re talkin’ $10k…or maybe $20k in Michael Goode’s case.
And that’s why my $300 PennyStocking Instructional DVD, and the brand new sequel PennyStocking Part Deux, are selling so well–because this strategy can make $ in any market, plenty of opportunities in bull markets, but you must be conservative, only a few in bear markets, but you can be more aggressive…for a Short Selling strategy, it’s paradoxical, i know, but I don’t make the rules, I just experience and teach them.
| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Sept 2 | TAYD | $7.51 | $8.13 | $545 |
| Sept 3 | COIN | $6.49 | $6.30 | $305 |
| Sept 3 | COINW | $2.75 | $2.85 | $180 |
| Sept 4 | COIN | $5.70 | $6.21 | $745 |
| Sept 18 | VLNC | $2.98 | $2.82 | $357 |
| Sept 18 | MS | $21.54 | $21.80 | $84 |
| Sept 23 | MKTY | $1.79 | $1.95 | $465 |
| Sept 24 | SIL | $3.66 | $4.06 | $777 |
| Sept 24 | SIL | $3.17 | $3.53 | $700 |
| Sept 25 | QCOR | $6.98 | $7.05 | $47 |
| Sept 25 | SIL | $2.65 | $2.98 | $640 |
And these are my favorite blog posts from the month that was:
My girlfriend finally getting involved!
A young new successful PennyStocker
Stupid Pallian going against my trading rules
The SEC graduating to the next level of terrorism
August was a damn good month too
And yes, I am a ruthless trader
TIMstore Monthly DVD Specials:
See all TIM DVD specials HERE
Related Reading
Comments
Other Websites Referencing This Post
- smarttech-services.com » Post Topic » Write-Offs: 10.08.08
- What Guru’s are Saying : Write-Offs: 10.08.08
Leave a Reply
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%)
Up $1764 today on shorting ZYXI, buying YRCW, and buying ISRG. Niiiiice.
Tim, you know some sort of cheatcodes, right?
here’s a bunch more hedge fund performance #s (both sept and ytd) just to show how much you’re truly outperforming by. congrats!
http://www.marketfolly.com/200.....er-in.html
thanks market folly and congrats reaper! yegor, no cheatcodes, just patterns and experience, its a good combo thats why i try to pass it down
Wow, increased my profit my 50% relative to what I posted above with a nice little short of OMNI. Found that in the GOTS chat. That kind of intra-day spike (up 30% on what appears to be one huge order) is probably the most ideal short there is. Too bad it is so rare.
up, down, left, right, a, b, a, b, select…Bingo the stock you short sinks like the Titanic.
no, YoungGunz it’s up, up, down, down, left, right, left, right, b, a, start. You get 99 accounts to short with.
Fuck those fucking evil bastards at the Nasdaq. If I enter an order wrong I have to deal with it. But if somebody big does that they just call the Naz and get the Naz covers their asses. My beautiful short in OMNI today was canceled and now I’m net long. Bastards should burn in hell.
Here is the Naz page on busted trades:
http://www.nasdaqtrader.com/Tr.....stemStatus
Tim, why does in thinkorswim some shares say hard to borrow. Are all your picks like that? And how often do you get declined on available shares?
Anyone comments?
GOTS chatroom, whats the link TIm?
joker, go back and read my blog post about hard to borrow stocks…it happens most of the time, welcome to why i’m teaching others rather than trying to throw 10mil at the strategy, works better for small accounts
Wow a 4k in one month, STOP THE PRESSES!!!!!!!
Hey Reaper. I got screwed by the OMNI thing too. Any recourse? post if you know anything.
thats really absurd with omni
Tim I started getting worried because it’s been a couple hours since you last posted. After 3 hours of not getting a post from you, can I call 911 or something?!?!? Anyway, remember a few days ago when I asked you if it was too early for a rookie to ever start a trading blog? Well, do you mind checking mine out if i give you the address? You’re one of my inspirations! Gracias!
ha, never too early to start blogging, if u suck, nobody will read it so it’ll be a diary only!
Actually so far it’s being read! I have a counter at the bottom. If you read it, I hope you like it. But you’re a shark and I’m nothing but an anchovy in this trading world. wanna read it?
Tim anyone can make money as well as you have shorting when the market is down so much. You aren’t special, you are like all the other shorties, congrats the market sucks…. but when it rebounds you will go down in flames. TIM will have shitty numbers, then your blog will stop having viewers, subscribers will quit and worst of all you will lose your hot little girlfriend. Good Luck. Your Failure is imminent.
how can there be so many dumb people in the world, seriously? do u not get i do better in bull markets cuz i short into strength…how many friggin times do i have to repeat it? seriously guys, take notes, lets all laugh at the mental midgets that post here
oh wait they’re dealbreaker readers, we’re dealing with cubicle monkeys, no wonder this country is what it is, this is our workforce
Here goes nothing Tim…I’ve learned a tremendous, I mean TREMENDOUS, amount from you.
http://iltorello.blogspot.com/
bluecollartrader - there are no appeals on Nasdaq trade busts. PM me in GOTS chat tomorrow pre-market if you want to discuss it further.
Thing with OMNI, is I (and a bunch of other people from GOTS chat) played LOCM in exactly the same way on 10/2. That was the same pattern and those trades didn’t get busted.
you should short MAYO!
tim there is no fing way u do better in bull markets…. howd ur hedge fund do in a bull market? your a loser and you know it….. you also know your girl is too hot for you. she cheats on you with brett hickey anyways….
johnny, do u guys not know how to read? has watching cnbc killed your ability to do research yourself? i’m being serious, thats the only explanation–i was the # ranked short bias hedge fund manager 2003-2006, my only downfall came when i ignored my core srtategy and went long…learn to do some research and u’ll be out of that cubicle in no time!
Hey TIM. Just signed up today. Looking to learn about stocks in general and I think PennyStocking is a good way to start. And what better way to learn about pennies than from a Jew. It seems a lot of people don’t like you. Well as long as you are making money you can take pride in, it’s all good. I am self employed myself and I believe people fail to understand the work required to be successful. I have a couple questions. Are you still trying to make that 1 million dollar goal? What’s this scholarship thing? I see that the days you post positive gains are like about 10 in a month. Is that the only days you trade? If not how often do you? Also are you thinking about a hedge fund again because wouldn’t that be far more profitable than what your making now? Also when did you start this site? And are TIM alerts a daily thing? Thanks sorry for all the questions.
Man, when are you going to actually get an intelligent hater to pick your system apart and really spark a real debate. So far I haven’t read a single person take the time to see what you’re actually doing and say “I don’t agree with your strategy because… ” “You say XYZ in such in such post but in actuality there is more evidence that XYZ is more likely.”
But no you get the shitheads that go, “Tim you suck…You’re a failed hedge fund manager…You went long in a bear market you’re dumb (even if you banked $$$)” I mean come on its just pathetic. You basically concede the argument the second you start writing shit like that. The guy is up 140% and you’re going to call him a failure and he’s going to go bankrupt? That’s your argument? You have nothing constructive to back it up?
yah haters are pretty pathetic, but i encourage them because their inability to form constructive arguments/do proper research shows just how dumb people in finance are. yes, simple0001, my goal is to repeat my feat but as u can see, teaching more important than just focusing on trading all the time…probly helps my trading cuz when u trade too much, it hurts your results, i trade whenever there’s a perfect play, and no more hedge funds more, too limiting, started site last october, alerts this june
Hey Tim was your fund structured as a limited partnership? If so did you structure it so that you liability as the general partner was personally limited by putting your investment in the fund into a LLC?
so you just trade on the days that are listed? For instance, in September you have listed 7 days for both your trades and alerts. Are those the only days you traded and sent out alerts that entire month?
cletus, LLC…read my book…simple001 i think there were 10 trades/alerts in sept…thats about average, just waiting for the right oppportunities
0 trades/alerts? is that uncalled for sarcasm? I do see the charts on the right? I believe it was a legitimate question? maybe “0″ was supposed to be “9″.
whoops meant 10
new post:
http://timothysykes.com/2008/1.....et-bounce/
Tim you should run $250mm with this strategy then try and talk Sh4t….. your a lil douche bag.
why put in all the hard work and slave over $250mm when i can just make $250mm teaching others to make a few grand each!