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Introducing the UMOO/TIMalerts $10,000 One Week Trading Contest

Posted by Timothy Sykes on Mon 10th of Nov, 2008 08:06:23 AM
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You can go to the official sign up page for all the details, but in a nutshell:

1. This is a one week trading contest to see who can bank the most December 1st-December 5th, 2008.

2. It’s only open to TIMalert subscribers, if you signup for UMOO without being a TIMalert subscriber, we’re gonna know and you probly won’t get any prize $ so do yourself a favor and suck up the $30 as you’ll get daily watchlists, solid trade alerts and access to the TIMalerts.com subscribers-only website with chatroom

3. The total prize money is $10,000, this is real money and the winner of the contest gets $2,500…I’ll have the exact prize breakdown in another post, but the winner gets $2,500, 2nd place get $1,500 and even people who finish between 40-80 get $25…considering TIMalerts only has 800 subscribers, most of whom are true beginners and only about half even open their emails, EVERYONE has a good shot at making some fun cash.

4. You’ll have to open a Umoo account for $10, but if you do sign up before November 30, you get refunded.

5. The contest deals with S&P 500 stocks only so it’s not my ideal strategy…once you see how tough trading real/random stocks is, this’ll probly strenthen your conviction in PennyStocking!

6. See all the details/rules HERE.

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TIMstore Monthly DVD Specials:

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  • you know, if you could come up with an automated program based upon your ideas, and it beats the competition, you could compete in I.B.s competition, that's for 100k i believe.

    Gl all who participate.
  • todd the jew
    it is illegal to make people join or pay to enter a contest of chance....this contest needs to be open to everyone and not just tim alert subscribers. you should not that timmay...just an fyi..i don't want you to get in any trouble.
  • haha todd, you're not paying to join the contest, you're paying for timalerts...
  • younggunz
    What you mean you're paying for timalerts? It says it is $10 to enter into the contest.
  • younggunz
    which is reimbursed into a UMOO account so maybe thats how it doesn't fall under that law? I never knew there was a law about that so I am only speculating.
  • James T. Kirk
    More shameless self promotion.
  • how is it self promotion when my subscribers can make free cash?
  • society
    Tim, just a general question, not a criticism. What value do traders, investors and hedge funds provide to society? I trade and make money myself, but how do I justify to my own conscious that I am actually doing something good, and not just ripping off the other 95% who are losers?
  • traders add liquidity to the markets, as too many people lately have learned the hard way, liquidity is good
  • here's a good post showing why umoo contest is perfectly legal, its not a lottery, it involves skill:

    http://contests.about.com/od/sweepstakes101/p/w...
  • boss
    Tim - I signed up for UMOO but I'm quite disappointed with their stock selection. No IIJI, for sure no MECA... Basically I think it's major stocks like AAPL & GOOG (S&P 500 stocks maybe??)

    So how can we follow your strategy and compete in this contest? Nice platform but overall It's pretty lame..IMO
  • The contest deals with S&P 500 stocks only so it’s not my ideal strategy…once you see how tough trading real/random stocks is, this’ll probly strenthen your conviction in PennyStocking ;)
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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 19 AENY $2.80 $3.02 $1148
Nov 18 NLST $4.16 $4.40 $947
Nov 18 IMGG $1.42 $1.64 $2094
Nov 17 NLST $5.04 $5.59 $2195
Nov 13 VRMLQ $21.50 $22.97 $2901
Nov 11 EONC $2.61 $2.80 $687
Nov 10 EONC $2.74 $3.36 $9784
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: $98,094 (681%)