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Gotta Love When Your Students Beat You To The Punch aka Emails That Make A Trading Coach Proud

Posted by Timothy Sykes on Mon 3rd of Nov, 2008 05:26:09 PM
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In regards to my initial TIMalert to shorting HSNI at $7.86 the other day, I got this email:

Fantastic… I called this move and made the trade at exactly the same time as you did. I completed the trade and saw your alert come through. It must be the DVD… I deserve a gold star ;-)

No ego, no stubbornness. I’ve already marked my stop exit and I’m outta here faster than a rabbit at a fox convention if it goes the wrong way.

Tally Ho!

-Sean

When the stock tanked 15%, I emailed him to see how much he’d profited:

My trade:

500 short @ $7.68
Covered 2 hours later at $7.07

Profit: $311.75

I’m still keeping my trades fairly small and practicing tight money management while I learn your system and fine tune my adaptation of it.

Thanks very much. This and the SIL trade have paid for the DVD’s and the seminar (Sean attended my Vencouver seminar, there’s still a few spots left for Vegas on November 19th, signup here!) plus a case of wine. Money well spent in my opinion.

On top of all this I am in London and I was in a meeting while this whole trade was going on. Keeping my laptop connected and keeping an eye on the trade so I made money while sitting through a dull presentation. Now that’s what I call productivity ;-)

Awesome, awesome stuff, only thing that feels better than profiting from calling a stock perfectly is when dozens of others profit alongside you!

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  • YngvaiMalmsteve
    Similar but slightly different experience here with NAK. I shorted NAK into the close yesterday at $3.48 as it was a red floating candle off of a big run-up on no news. I covered today at $3.12 as my target exit was $3.10 or less and I figured that was close enough. Total profit after commissions was $343.
  • Simi
    I buy ERTS because they are trading at $ 23. Earnings per share are $ 0.84 and the P/E ratio is 27.6. PEG ratio is 0,6

    We are close to Christmas and new products will be launched in this period. I see the stock hitting $ 32 by the end of December.
  • wnkender
    ...you don't come here much, do you Simi? I don't think I can ever recall Tim (or any poster) mentioning a PEG ratio..
  • Getshorty
    I do remember him mentioning a PEG ratio. Saying that you'll end up crying if you use it as a decision tool.
  • astan
    Guys, you don't understand, Simi is a pumper, let's welcome him to our club, we really need such people, let's thank him for his hard work! Good job, Simi, bring it on, we need more pumps!
  • astan
    One more thing, Simi, could you please pump stocks in the $1 to 10 price range, it is much easier to pump them, you'll get much higher gains there.
  • steve smith
    I just love your weblog! Very nice post! Actually you can do many thing to imporve it.
  • great web site - thanks for the info!
  • I usually don
  • How To Build a Chicken House
    Hey very nice blog!! Will add to feed reader :-)
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Start Here

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)!

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%)