Yes, My Subscribers Are Doing Better Than Me, It’s A Good Thing!
Posted by Timothy Sykes on Sun 1st of Mar, 2009 03:10:26 PM
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I’ve been following Tim’s trades for a few weeks now. What he’s doing is trying to profit off boiler room trades (and similar), and helping his subscribers also profit by doing that. His method obviously works (so far). He tell us to get in and out quickly, ofcourse he will profit more if his trades are successful, but what would the alternative be? He tells us to buy and doesn’t buy it himself (giving him no incentive to pick good stocks) or He tells us to buy then buys after us (until Tim puts his money where his mouth is i doubt many subscribers are willing to jump in). Also, he lets you know which stocks he is considering before he buys for the day (he choses 1 or so out of a list of 2-3 recommendations). And his method isnt rocket science you don’t have to be a genius to figure out what Tim is going to do, so you can end up buying before him, IF you have done your own research.
What I have noticed is, alot of the subscribers who do better than the others are the ones who don’t blindly follow Tim but do additional research on their own by applying Tim’s own methods, and following their own instincts (sorry Tim, your methods are good, and your advantage is cutting losses, but smelling blood and going for the kill arn’t your strong points as you have honestly mentioned before. )
Good email, but let me correct a few things:
1. When I started this blog, I would tell trades after the fact–only after hundreds of emails and comments did I release TIMalerts real-time trade alerts.
2. Whether I make a good trade or not, it doesn’t really matter, all I do is try to follow the patterns set forth in my instructional trading DVDs…I miss one every now and then–like ARNA’s beautiful breakdown the other day–but that doesn’t mean you should because if you learn from what;s on the DVDs, you can not only do better than me, you can anticipate my trades!
3. You should never follow anyone blindly, especially someone like me who is not a financial advisor….not even close….do your own research, learn from what I do right, learn from what I do wrong, the key is just being honest with yourself, as I try to be.
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Related Reading
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Andy
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%)
