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)
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).
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.
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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was very fun…… very
even he banned me, i watched till the end!!
So who won the video contest? Did you forget about it or have I missed a show that it was played. I must not have won since I didn’t get any email :(
new post:
http://timothysykes.com/2008/1.....7-tidbits/
shit totally forgot about the video contest, guess it’ll be this coming week, sorry!
Hi Tim..
You said “They like poking fun at me for all the $ I charge and my aggressive promotion, but they’re not real businesses like me so who cares what they think”
You will never EVER find a comment or post anywhere where I say this…I’ve never faulted you for one second with this…I say rake it in…you are way good enough and transparent to do this….personally I hope you make trillions off this..
As for me not posting every night…yes I’m not getting paid but the big thing is,we regulars in the IL chat discuss these during the day,we already KNOW the stocks on watch,hence when the list contains many “failures”(those that fail to get red) I really see no need to post them every night..if one is in the loop(the only ones I care about anyway)we/they know the watches..
To Glenn…Mike13th is in Hawaii spending his earnings…yeah he killed it from $30k to $350k,maybe he comes back,maybe he doesn’t…but I saw 1st hand and proof of that run..it was a thing of beauty!
Tim,enjoy the holidays…I am
Oh and I got the best video over there Timmay and you know it if you’ve seen it…give the Timalerts prize to the the runnerup….I find the alerts before you do:)
Hi Tim!
Are you going to keep all bans from previous shows also to next?
Got ban just for stupid question - that’s right, but was not serious actually, just wanted to check open chat mode. Would be great to give listeners one more chance to turn in your rules or just 30min ban before giving them a ban-period. Thanks!
I think from listening to the show that it was only a 5 min ban.
Well, not as you think YoungGunz… Still have a message “You are not authorized to chat in this room. You have been banned by the moderator.” Sad…