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A Cool Video That Teaches An Important Trading Lesson

Posted by Timothy Sykes on Fri 2nd of Jan, 2009 03:30:54 PM
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I don’t even remember who sent/where I found this video, but I’ve embedded it because it’s not only cool to watch, but it also serves a valuable trading lesson:

Trading, like life, comes at you fast….there’s gonna be many disasters, near-disasters and close calls where you turn out okay, but never congratulate yourself when you survive/profit by getting lucky. The key to long-term trading success is to position yourself in supreme risk-reward scenarios over and over again, not the risky situations that many of the peeps in this video do:

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  • Timothy Clemans
    AWESOME VIDEO!!!!!!!!!!

    How's Europe?
  • Cool vid, WRC always has tons of close calls
  • nojobmaui
    makes you think
  • silentmax
    amen bro. amen. thank you for keeping me in check my dxo bet is making my head big right now. crap.
  • noobtrader.08
    Timmer... you lost me for a while... but posts like this, your message, is why I started following you way back when...

    Nice post.
  • A
    I second what noob says. I've been following you since the very beginning on here. Tim Alerts subscriber but haven't read a post on this main site in almost 6 months as most are just not all that useful and don't teach me anything. Nice post. Keep up the good work man.
  • A
    Really miss the posts where you put "Tim Lessons" and detailed your trades. This one I still have bookmarked for inspiration: http://timothysykes.com/2008/06/21/how-to-be-th...
  • no time for that now A, all my lessons are in my DVDs:

    http://www.timothysykes.com/store

    the blog just supports those lessons
  • A
    Understood. Glad I got in on this site early, read 400+ blog posts, and learned the basics before you went truly commercial back in June/July 2008 time frame. Saved me from having to purchase DVDs and keep that capital to trade with.
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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%)