99.9999% Of People In This Joke Of An Industry Are SH$T!

Posted by Timothy Sykes on Tue 14th of Oct, 2008 04:14:10 PM

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Wonder why CNBC keeps putting on economic directors and professors instead of all the usual suits?

Because everyone the joke of a “news station”–ANALysts, fund managers–Bill Miller and Ken Heebner are competing for worst mutual fund returns, gurus, talking heads, CEOs, bloggers…especially “there’s always a bull market somewhere” (LOL) Cramer–is down 30, 40, 50% on the year and nobody wants to listen to anybody down that much.

(Trust me I know, they stopped inviting me back on when they discovered my hedge fund lost 35% over 2 years in 2006 and 2007)

Even though I’m up 100%+ this year, they can’t have me on because I manage too little $, I focus on stocks you’re not supposed to talk about, stocks that have the devil in them…maybe my profits are withcraft!

My point is all those people in big power suits, who have little to no track records nor have they done much historical research, are now being exposed for the shady marketers/snakeoil salesmen they are as their clients/followers are down big and will probly/should sue their lying/exaggerating asses!

It’s ironic then that I’m now selling instructional DVDs even though my experience/background is in trading, not marketing.

I guess the lesson here is that if you have any market wisdom/experience, you should be in the marketing game too because it’s just toooooo easy to poke fun at all the incompetence/lack of risk management.

An even more important lesson is that losses aren’t the end of the world, they make you smarter, wiser, more conservative. After all, guess why I’m all in cash and have been during this entire “crash”..it’s because I lost 35% once upon a time and that loss made me distrust everyone, which has been for the best!

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Related Reading

You Want Me To Talk Like These BS Gurus? October 17, 2008
LOL, So This Is What Mutual Funds Really Are… August 29, 2008
October’s The Worst Month Ever And My Despised Little PennyStocking Strategy Is Up 12% & 161% On The Year aka This Industry Is Backwards October 29, 2008

Reaper

And 99% of Tim's posts are useless drivel ... seriously Tim, it would probably be better for your sales if you had fewer posts like this. It is your trade posts that sell your system.

Google Internet Crawler

I wouldn't say that they are totally useless...

Zak

Great post Tim. I going to make some time for your DVD this weekend. Can't wait to start trading! Took care of livestock.

Peace

dhousley

Reaper, do you have a blog? Just wanted to email you...i have a couple of questions if you don't mind.

madman

I agree with reaper. Your trading posts are what sold me your system, book, & Dvds. Keep your blog posts strictly informative. Your products will then sell themselves

Reaper

dhousley - ask me in chat tomorrow. I don't want Tim to get mad at me for "blog spam".

Timothy Sykes

no reaper, people need to be told the obvious...i wont sit back and watch more "investors" lose $ based on some gurus BS advice that has a high risk they dont understand

Timothy Sykes

reaper promote away u're my greatest student!

Gregory

0.0001% of people who think they are better than the rest of us, should see their psychiatrist, and help them to solve their superiority complex.

dhousley

Tim...I'm sold on your strategies...bought the course(s). Sometimes it's just easier to ask another "student" questions than the teacher. Obviously, Reaper is successful and I thought maybe he could answer a simple question or two.

Thanks to you both for your candor.

wnkender

Tim,

I'm absolutely amazed at how many times you've written the exact same post. Perhaps so you're not trading/blogging/vlogging/brand building 20 hours/day, you could just put one of your 3294236 posts about how everyone else sucks and your strategy is superior at the top of the page. This way, the noobies could read it and us long-time readers (November '07 for myself) could just read your posts that are actually informative.

Just something to think about...

Timothy Sykes

correct, wnkender, this blog is for me to express my thoughts, i'm not that original/smart, my main contribution is my ability to give good stock picks...if u just want those without my rambling/marketing/thoughts on life, go sign up at http://www.timalerts.com class dismissed

Cameron Fous

No i agree with Tim that you should point out how stupid the rest of the people in this market are. Short term trading is the way to go, get in and get out. I started out trading at a website called 3stocksonfire.com which used to be a short term trading website. but then switched to a more long term investing approach. Look at there performance they are down 44% this year and 2 of the Portfolio Managers threw in the towel! Luckily i threw in the towel there as well years ago and started my own site!

SP

Tim how do u feel about the Wall Street Journal

Timothy Sykes

i could care less about WSJ, they cover real companies, no edge there

kris

hey cameron! what happen to your website? It has been down for 2 days at my end.

Reaper

Okay. My blog is here dhousley: http://www.goodevalue.com

After trades today I am now over $45k in profit from trading using Tim's style. In the last two month I have not had a week where I made under $1k (although this includes all my trading strategies). I've posted about my trading there, though many of my posts are not about trading per se. Search my blog for "bullship" to see my posts regarding Tim.

Kevin Phillips

BOOOOYAAAAA!!!!!. BUY BUY BUY!!!!!

Emini Addict

The actual news is getting so thin on CNBC. They had a top story about how women were replacing all of the male CEO bankers in Iceland.. Do you really have nothing else to talk about??? Give us a break!

Timothy Sykes

Kevin - you should become an affiliate: http://timothysykes.com/affiliates/

TC

Tim,

Shorting trash companies is fun and something I have done for the last few years. Not all penny stocks here but the same concept. One thing I worry about and wonder if you worry about. A few days back the market was down 50% and I was having a hard time finding trash to short.

Aren't you afraid that the penny stock scams will all be blown up in the next few months as the market continues to have all the speculative excesses pounded out of it??

I think your strategy works great during bear markets when the market is taking apart this overvalued junk but might be tougher when mr. market does not care if something is overvalued trash (IE: during a bull market)

daytrader74

can i pay cash at the door for your vancouver seminar ?, not sure if i can make it but if i do can i just pay cash at the door, oh and you still have to state the location you will be having it at ?

Timothy Sykes

always gonna be hype/manipulation somewhere, bear market just makes it more obvious aka easier...bull markets, many more targets, just gota be more conservative...

daytrader74, no cash, gotta pay ahead of time, email admin@timothysykes.com or signup here:

http://www.timothysykes.com/seminars

once paid, i'll email you specific location/details

marketgirl

this is their new trick:

05:26 Joseph: i show there is a fee charged for Coin shorts too
05:26 Joseph: looks like 15% interest

Timothy Sykes

hahaha of course i'm gonna promote, i'm up 100%+ when everyone else is down 30, 40, 50%...gotta remind people of that every single second of every day

Timothy Clemans

Out of curiosity is Warren Buffet in the 0.0001%?

bobbymapp

I think this type of post is more important than the trade-based posts. People need to be reminded that an important part of making money is not losing it!

MelodyN

Totally agreed--and probably one of my biggest frustrations is that all these liars have the nerve to get on young entrepreneurs as though we have no experience (watching them trip, fall, and scrap up their faces is enough), of how to conduct financially sound/respectful businesses. Jealous meanies :| Old money out, new money in.

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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%)