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10 Things We Can Learn From A Trader Shooting Himself In The Chest

Posted by Timothy Sykes on Sat 22nd of Nov, 2008 11:03:36 AM
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Weird story about a Brazilian trader sneaking a gun past security and shooting himself in the chest.

I think SJ has it right to say it’s only money, but below are 10 more lessons I think we all must remember:

1. Cut your losses quickly and you won’t have to try to kill yourself.

2. Don’t use leverage and you won’t have to try to kill yourself.

3. Live a well balanced life and you won’t have to try to kill yourself.

4. Any American trader would have tried to commit suicide on their own time, not endangering the lives of other traders on the floor, the lesson is Latin American traders take on more risk. (it’s a stretch, I know)

5. Stop trying to pick the friggin bottom and you won’t have to try to kill yourself.

6. Base your trades on technical analysis you won’t have to try to kill yourself.

7. Yes, this is a rude post, but compassion isn’t up there in order to be a successful trader (I do feel bad for this guy, but just like tough losses, there are lessons everywhere)

8. No amount of security will ever be able to stop anybody who is willing to take their own lives (yup, you heard me)

9. Trying to kill yourself is just dumb, there’s so much easy honest money to be made, not even just in trading but in many ways thanks to the joke that is the finance industry…you guys just need to read more and find your angles, try my library.

10. If you try the real markets and fail, just come down to the gutter that is the penny stock market, if you have any intelligence whatsoever, you have a clear edge over all the rats down here.

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  • I love the rude posts :)
  • booby
    Nice post. Timothy you should start a business selling guns to all those losers on wall streets. Apparently jumping off buildings doesn't work anymore.
  • Jason
    Naaaa, jumping off a building takes too long to hit the ground...Yea I agree sell guns TIM.
  • Become the Next Lord of War!
  • Guest
    When the market crashed I jumped out the window.
    3 times in fact.
    That'll be the last time I buy a place on the first floor
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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%)