To My 2,600 Covestor Followers & Everyone Else: How I’ve Achieved A 1,430% Sharpe Ratio & Return of 5,374% Return
Posted by Timothy Sykes on Sun 4th of Jan, 2009 03:45:34 PM
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If you follow me on Covestor–the only bigtime real-time trader tracking website around with over 15,000+ traders/investors duking it out and somehow unable to topple me as I’ve held the #1 spot for close a year–I’m not that great, everyone else just sucks!–you’ve probly seen this PAGE with my ridiculous stats
To stop the annoying ignorant emails, for the 500th time–since most of you have brains the size of Michael Vick:
1. Covestor only tracks my trades, not my cash levels, since I only take 1-2 trades at a time, Covestor counts me as using 50-100% of my assets when in reality I use 15, 25, 35% of assets.
2. My return in 2008 was around 200%, see allllll the trades here (much better than any audit you whiny little bitches!) and understand the first 9 months I limited by the absurd pattern day trader rule….I’m not a great trader nor do I spend most of my time trading…my tiny account is just to show you I know what I’m doing and what you can do if you have the slightest bit of intelligence and/or my instructional trading DVDs
3. To this day, i still have yet to find a use for the highly regarded Sharpe Ratio…don’t even ask me how to compute it because I don’t care…all I know is that for my strategy, it always high and that makes me look good and makes other suspicious. I just take one good trade at a time…
4. Covestor is great for bringing transparency to this joke of an industry, but if you want to know about my trades in real-time and get the daily pre-market watchlists so you can actually reserve shares to short of my ideal plays, you must join TIMalerts
5. Given these ridiculous returns, many people think I should go all in every time….nooooo, I’m a conservative penny stock Short Selling day trader. Yup, you read that right.
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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%)
ill check it out
I wouldn’t say you were totally limited by the PDT. Thinkorswim used to be VERY lax about the rule….up through the summer I could do 2-3 trades per day and nothing would happen….then they cracked down at the end of the summer
Tim, Great work and I am glad I found your site a few months back, It really opened my eyes up to the pumpers that had gotten me before. I am subscriber, but am considering canceling. I have been reading GreenOnTheScreen, DarkSideTrading, and most importantly investorslive.com/investorsunderground. My returns have been much higher with ilive. Now that ilive is going payforchat, can you give me a reason to keep my subscription to your site or a reason to buy the dvd’s? I guess you are dumming down the info they give you on ilive? No offense, I am just trying to distinguish between possible competing products.
stu,
Just my two cents. I’ve been a Tim Alert subscriber and Tim follower from the very beginning and actually have an annual subscription. I just don’t have the time everyday to scan stocks for charts and news to find the ideal short setups for the next day. This is really what I use Tim Alerts for. Really just an extra pair of eyes keeping an eye on trading opportunities. I don’t read the main blog site anymore.
I signed up for ILive’s new service tonight because it is a top notch penny stock chat and is an inexpensive way to learn a ton about profiting off penny stocks from 5 traders, one of whom, Muddy, has been doing this stuff for 45 years.
I think the two products, Tim Alerts and ILive’s new service really are more complements to each other than competition.
yah we all basically play the same stocks, i’m just primarily a short seller and those other guys are better at buying….also my DVDs teach the framework, i say subscribe to all so u dont miss any angle, its all so cheap, u can make everything back with 1 good trade/year