5 Things I Need To Say To My 3,200 Covestor Followers & Everyone Else Too
Posted by Timothy Sykes on Wed 4th of Mar, 2009 06:35:59 PM
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1. Covestor only tracks my trades (follow me HERE!), 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. This makes my returns more volatile than they really are, to the upside and downside. Covestor is as of yet still not real-time so the only way to enjoy real-time trade updates–I mean within minutes of my actual trades–is to signup for TIMalerts. And, if you can’t afford $1/day on useful information you shouldn’t be trading.
2. My return in 2008 was 197%, see all the trades here (much better than any audit considering I blogged about each one in detail) 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. Yes, all those other strategies marketed to you that have simply collapsed are false prophets. They didn’t study the market as much as I do. That’s why they’re destroyed and I’m more than just surviving…I’m thriving.
3. I am not a master trader, just a guy who’s been profiting rather consistently over the past decade (except when I ignore the rules I outline in my instructional DVDs!)…follow my trades at your own risk because once you see how it’s possible to be up 200% in a year while making soooo many mistakes, you won’t be able to contain your excitement as you realize the potential gains if you can learn form my mistakes and minimize them.
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. Oh yes, watchlists that prepare you ahead of time are probly even more valuable than real-time trade alerts.
5. Let me repeat: I’m not that great a trader, but considering how dumb most penny stock traders/investors are, trading against these halfwits is like building a court case against Michael Vick aka eassssy. If you have any intelligence whatsoever, you have a clear “edge”
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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%)
