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Why It’s Funny To Me When People Lose Money In The Stock Market aka Understanding Risk Reward

Posted by Timothy Sykes on Fri 7th of Nov, 2008 09:11:09 AM
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Every few days I get just enough emails to make me flip my lid over the kind of ignorance in this joke of an industry.

Not that I’m anything great myself, but over the past decade I have learned some key lessons, rules and psychology which are the sole reason why my trading account is up 175% in the last year. The sole reason why I can create superior instructional trading DVDs and the sole reason why I’m qualified to not only write about the stock market, but actually be worthy of being read/listened to.

Because every time I put a dollar down into a trade/investment, hell, even a dinner/furniture purchase, I know exactly what my expectations are, the probable risks, the probable rewards, my pain threshold and how I will react if things go well or badly.

People losing in this market don’t.

They didn’t realize there was so much risk in “safe mutual funds”, which is why there’s gonna be/ought to be many many lawsuits against the financial firm corporate drones who successfully spouted marketing gibberish to lure people in, both Wall St. and the suckers’ faults, I hope judges fine everyone (lawyers win big).

They didn’t realize that taking advice from an entertainer like Cramer could be dangerous. (Duh?)

That taking advice from/putting money with anybody without a superior track record is dangerous.

Because most people with shitty track records are likely to continue to have shitty track records.

Because past performance IS indicative of future returns.

Forget track records, mutual funds & Cramer, 90% of traders lose, even when the market is doing fine because they trade without rules/by their gut and they don’t consider all the variables before making a trade.

They set themselves up for outright failure by refusing to cut losses quickly, not researching enough to factor in upcoming events that could influence their trade because they just think the market is a crapshot of up and down.

Many TIMalert subscribers and outsiders are amazed at how quickly I get out of trades, saying I “leave subscribers stuck in the stock”

Well bitches, that’s my strategy, get in and out quickly, that’s the key to my success…initial investment thesis aside, if I don’t like the price action, I’m out. That’s what successful traders do. If you don’t understand that, what my strategy is, if you’re too cheap to buy my dvds, then maybe you should suck up many many many hours and read through all my blog posts.

Hell, I’m amazed when subscribers trade even though they haven’t done any research on my strategy–guys, that’s why I create instructional DVDs!–when they’re out trades for the day “I have to stay in overnight, I’m out of trades”–you friggin morons, always have an exit strategy starting from the very second you enter a trade as it could easily go bad that same day–stuff like that just makes me wanna smack people for their ignorance.

Because trading/the stock market/investing is all about understanding risk/reward BEFORE you put your $ to work, not after.

And FYI you want to minimize risk and maximize reward. Put that in your pipe and smoke it.

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  • Eric
    Master Tim, do you have a potential Buy for today?
  • The Dude
    you look like Ben Affleck, only gayer and with a bad blog.
  • bdog
    lol put that in your pipe and smoke it...feel better now
  • all my potential trades for today are on my TIMalerts site already

    http://www.timalerts.com
  • thanks, i get affleck a lot!
  • les360
    I'm new and I dont see your potential buy
  • Alsandair
    Heya Tim just wanted to mention that it shows MECA as a loss in your tim alerts track record. I know you banked on this one, just pointing it out to help. Oh and damned if I wasn't pissed on not getting any shares on that. I researched the hell out of that pos company. I would have road it down to .02
  • yah we'll fix meca, thanks for the heads up...and les, there is no potential buy, read the watchlist, they're all potential shorts, buying in this market is suicide
  • Eric
    A) Track record is irrelevant: Many of the smartest & most successful hedge fund managers for decades are down 15-30% this year.

    B)Your language is embarresing and abrasive. You sound like a raving lunatic 16 year old. Why should we listen to you and your alleged track record? You are telling us to ignore Cramer (good advise), and all he has to offer is entertainment, sounds like you are trying to gain attention by the same act.
  • eric--1. track record is all u got to go on, look at baseball bating averages...and those who suck this year will have shitty track records...look for those who have done well int he p[ast and are through this market unscathed, like me!

    2. who cares what my language is like, this is a blog, its my therapy...and i can say and do whatever the fuck i want cuz i'm up 175% in the last year, along with most of my subscribers, as will happen next year and the year after that...dont listen to me, thats fine, go listen to anybody down a lot this year...the guru industry is such a joke, i have a friggin monopoly, all i gotta do is continue cutting through the Bs and making people $
  • Cornholio
    I think it's funny when people like you get mugged, ass raped, and shot but then again we all have our little quirks.
  • oh and in cas eu couldnt tell, i'm mad as hell and i'm not gonna take it anymore!
  • u people with tremendous losses, deserve them, my losses were the best thing to ever happen to me, they made me wiser, harder researching and more conservative, i hope they do the same for u people
  • cswiger
    spot on - I never get into anything I can't get out of, even if that means making only 3 day trades a week. I didn't follow this advice once, left something in hoping it would get better and took a bath. NEVER AGAIN.
  • Tim P
    Yo Tim, I'm sufficiently impressed. I'm going to buy one DVD. Which one should I buy?
  • leadpimp
    Cutting loses quickly is difficult regardless of strategy.
    Tim you have a demonstrated ability to take losses early while they are still small and manageable.
    Please provide us with your thought process while in a short position that is moving against you.
    Do you use mental stops in increments?
    Do you scale out of losing positions?
    Do you put your limit order at the ask price or do you always try and split the spread?
    How do you feel when you are losing?
  • Tim: pennystocking DVD is general/basic, pennystocking part deux is more technical, updated for recent trades/patterns, shortsotcking is purely short selling, timraw is seminar footage.important lessons, choose whichever one u want or check out the combos:

    http://www.timothysykes.com/store

    leadpimp: see my DVDs, thats why i created them
  • Tim, don't get worked up with the negative comments - many people are and will be jealous or suspicious about your results. The results, however, are in, and those with a critical mind will know how to look beyond the way you express yourself to the essential analysis and perspective you provide. One thing though: you may get more followers with another way of writing, and hence more subscribers/products sold, more profits, etc... Keep it up!
  • Zykosis
    i dont think so. writing like this sets him apart from the bullshit blogs.
  • bill
    again the 800 of u who are foolish enough to give this guy your money then u deserve what u get.......
  • Jharding
    Good insight..thanks for the post
  • SweetPea
    u say "Well bitches, that’s my strategy, get in and out quickly, that’s the key to my success"

    Just like the Ho's in Harlem
  • you're right, why would anybody, let alone 800 people, rely on someone up 175% in the last year? me, i'd rather trust someone like cramer down 40% on the year, but thats just me :) jackass
  • TimothyisanArrogantPieceofShit
    Tim, you are an arrogant piece of shit. Your wealth is equivalent to a mole on Buffett's ass, and you still haven't learned from such a noble and brilliant investor. Time will always crown the kings and make the arrogant beggars. You haven't learned the first time, but you certianly will when you are back on the streets, and I don't mean Wall Street.
  • dvd
    Call tim whatever names you want, but he is rich. He might not be as rich as Buffet, but I am willing to bet my ass that he is richer than you.
  • research
    Arrogant commenter, you might want to do your own research and find out what Tim's strategy really is. You can subscribe, or you can buy his dvds.
  • mb
    bill, nobody is forcing those 800 people to subscribe. it is a monthly subscription, people can come as go as they please.
    you should do your own research, or better yet, try out the subscription for a month to see what it is. nonetheless, you should really learn the strategies yourself instead of just complaining and whining like a loser. you can find tim's dvds, so do yourself a favor and do some learning and research and make some money.
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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%)