Please Excuse The Mess Over the Next Few Days, Upgrading The Site To Version 4 Baby!

As you probly know, ever since the debut of this Super Shredder-like website its been full of bugs, at times slow and sometimes just down completely. Well, I got tired of this kind of sh#@! pretty quickly so for the past few weeks, Pallian and I have been workin’ on a new site—that’s right, Version 4—this is the one that’s gonna last longer than the first one (4 months), version 2 (2 months) and version 3 (2 weeks).

Obviously the trend is going in the wrong direction, but it don’t matter cuz we’re tired of building new sites all the time so this is it! And we’re getting a new host too cuz our traffic is just breakin’ out (only halfway through this month and we’re already waaay past February’s #s) (yeah advertisers, get on it!) as if our name was Kentucky Pyramid Oil Co (PDO)

As soe of you might have noticed, you can get a small taste of the new design HERE. What’s infinitely more important is that our new host, those bad asses over at Mosso.com, tell me that anybody who signs up with them using the referral code “REF-TIMSYKES”, will get $50 off their first month’s bill.

I can’t speak to how good they are until we see ‘em in action next week, but I’ve heard only great things and if they try to f#%$ me over, I’ll just blog about it and then they’ll be sorry! Jew Yah!

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Why Trading Journals Are Just As Important As Trading Profits

Just got an email from a very satisfied PennyStocking DVD student who’s not only made the DVD’s cost back 13x times over in only a few weeks, but also done something rather interesting and I encourage you all to do the same:

Tim, just wanted to tell you that within 3 weeks of watching your DVD, twice, my $25,000 account is already up to $28,946, thanks to shorting those perfect Supernovas, VRML and VM, on which I see I did better than you! (sorry!)

Jeff Rogers  

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My 20 All-Time Favorite Finance Books (Part 2)

As promised, here is the follow up to part 1…read these or risk losing big money in the arkets cuz you didn’t learn the important lessons they teach us.

Education of a Speculator - Forge the fact that Victor has blown up twice now, he’s still worth a few million and he’s had some great runs. Perhaps he should just stop using leverage! Yah right, like that’ll ever happen—the best thing this book will do is to teach you to think differently.

The Disciplined Trader - Wish I’d read this earlier in my career, but alas, somehow it didn’t make the cut for far too long. Don’t make that same mistake, read this and learn from the grand daddy of trading psychology books.

Bernard M Baruch - God, I love stories of truly successful financial speculators—Baruch was one of the best. And even though this book doesn’t go into specific details of his strategies, it’s a great overview of the lifestyle and thinking of a successful trader.

Pit Bull - Another hugely successful trader, this book is much more in your face than Baruch’s and is one of the few recent financial releases worth spending time on.  

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My 20 All-Time Favorite Finance Books (Part 1)

These are my favs, ranked in order of how much of a fav they are–whether enjoyment or education-wise. You can see my whole 300 business library HERE (or at least what we’ve put up so far)

Notice there are few “How To” books—I believe success is more about understanding the variables and players behind the scenes so you can adapt to the inevitable changes. So, I prefer autobiographies—experiences full of lessons told through the eyes of the experienced who’ve learned those lessons the hard way so you don’t have. Throw in a few financial history classics and some trading psychology gems and you’ve got yourself one hell of a financial education. Just order the whole lot of ‘em, the cost of these books are a small price to pay for the money they’re gonna save you in the markets.

Reminiscences of a Stock Operator - My all-time favorite book, not just because it’s quick, entertaining, meaningful, practical, inspirational and timeless…okay well, yeah because of all that. Before you ever trade another stock, read this book!

An American Hedge Fund - C’mon, you knew I had to mention this if only because I’ve never read any other book so many times. Granted, some of that was for editing purposes, but I really think I nailed what the life of a stock trader is like—the passion, the nervousness, the anxiety, the restlessness—it’s not just about the money, it’s a great profession for those willing to challenge themselves and see what they’re made of. And, considering 90% of traders lose money, I wish there were a lot more brutally honest books like this.

How To Make Money In Stocks - My top pick for beginners, this sucker has sold 1+ million copies…besides CANSLIM investing being a successful strategy, it’s now just all one big self-fulfilling prophecy—don’t be the only one on the block who hasn’t read this…lots of angles to profit from its popularity.

Japanese Candlestick Charts - by Nison. If you’re gonna trade based on chart patterns, you need to know how to read candlesticks. This is a semi-expensive book so all you homeless people are gonna have to go to your local library to read it.  

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Why PennyStocking Is Not An Optional Course, It’s Required

You know why I’m always promoting my 6-hour PennyStocking instructional DVD package? (See the first independent thorough review HERE) It’s definitely not about the money—not yet anyway—it’s to help teach you guys the rules of trading penny stocks that I’ve learned the hard way over the past 9 years. I’m giving you my battle-tested rules of engagement that I wish someone had given me when I first started or even now cuz anyone with a decade of market dominating success is someone worth listening to and learning from.

Don’t say you’re gonna dip your toe in penny stocks and make some amateur error, writing it off as “why penny stocks are like gambling” or how it’s “part of your penny stock education”. My DVD is your tuition—I should probly get it accredited or something—not the more expensive stupid trading losses!

You want some examples? Fine, I’ve got plenty of them (people, I’m gonna use your comments not to be mean but to make examples out of you…it’s not like any of you use your full name anyway!)

First that comes to mind is Wes shorting SIX after a morning panic 10% drop. Stupid stupid stupid…even though I occasionally short in morning, I don’t recommend it—there’s too many spikes, the afternoon is usually much more gradual. And, even when I do short, I short looking for that morning panic, NEVER after it!  

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Stop Trading So Much And Enjoy TIMpics, Talking Photos!

Since incredible trading opportunities like LGDI today (see my reasoning / the play-by-play of my imperfect yet supremely profitable trade in THIS post /comments section) don’t come about every day, I decided this newly redesigned website would not only feature hardcore market / trading content, but also funny stuff, meant to occupy your time during market hours so you’re not tempted to trade the random crap, while also sending you subliminal messages to get you to buy my instructional DVD PennyStocking and book An American Hedge Fund…just kidding…or am I?

Without further bloated introduction, I give you TIMpics! Forget about just regular photos—those are so 1990—these pictures have cool software that allows me to add audio bubbles so you can hear those pictured express their innermost feelings. Get ready cuz these are just the first batch…and soon you’ll be able to upload your own, winning TIMbucks / prizes for the funniest ones…

The Peak—this was it, I coulda woulda shoulda short sold my life that night  

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The World’s First Billion Dollar Home Sucks! How Would You Spend It?

Just saw THIS pathetically un-embeddable video coverage of the world’s first billion dollar home—which is actually gonna cost $2 billion—and I felt pretty sick to my stomach. Sure, it’s just a small fraction of the guy, Mukesh Ambani’s, India’s richest person, $43 billion net worth and he has every right to what he wants with his hard earned money, but I couldn’t help but wonder how $2 billion might be better spent.

For instance, for just about the same price Mukesh coulda woulda shouldla bought Wendy’s, whose 6,000+ stores bring in just over $500 mil in revenue each year. Or maybe take on a new industry by buying hot hot hot company Nanosolar. Then again, I guess a badass house is better than just throwing $2 billion away as Merrill Lynch chose to do

Me: luxury goods and I don’t see to get along too well—I always lose or break them all—so I’d probly spend the money expand on my Tulane scholarship, building a worldwide financial education program…start young and go grassroots, aiming to replace the near-useless-in-life priority-flawed Little League program (which would not only be fun to try to do, but infinitely more fulfilling than any thing / piece of property will ever be).

Let’s hear from you, how would you spend $2 billion?

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Welcome To The New TimothySykes.com, Kinda Like Super Shredder

Welcome to my new website! Check out the official PR…this is three months of hard work baby and its really brought me back to my pyramid-building days…tons of cool features—por ejemplo, click and drag on any of the sections like TIM101 and you can rearrange their position to suit your preferences, vertically—for now

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Understand this is just the ground floor because as you can see, there’s a dozen+ projects goin’ on here, all in an effort to make this stuff more fun, understandable and ultimately help you become more profitable. Over the next few days and weeks, I’ll be going over each new section in detail, but for now, here’s a little breakdown of everything:

Bucks
Rewards for your thoughts—now every time you post or comment you get a TIMbuck, talkin’ with sponsors of all sorts right now, we’ll have a whole list of goodies shortly, wouldn’t it be cool if you post a good pick, and everybody profited and gave you so many TIMbucks that you could cash in your chips to get 50 free trades from GFT? That’s the plan anyway…

101
Where Real Traders Begin—you know all those beginner-type questions? Yah, they all get answered here, got plenty of articles in the works, everything from reading level 2 and my fav. books for beginners to…well, stuff like that…also you can see ALL the details of my trades, good and bad, I wish everybody in this industry would do

Reads
Reading is FUNdamental—bringin’ my whole library back to 1 page, only about a quarter of them on there now, good things take time

Reviews
The toughest critic around—no more 1-2 line answers, name any US stock and I’ll do a full analysis-technical, fundamental and everything else—for $20/ticker, for entertainment purposes only of course (happy you SEC bastards!?!?!), let’s see how this goes

Tv
Real. Fun. Really Funny—just the beginning, got soooo many ideas, just gotta clone myself to find the time to film them all, new clips—not necessarily just me—will be rolled out each day, stuff that’s gonna make you laugh, cry and most importantly, occupy you so you won’t be tempted to trade every damn pattern!

Terms
Nothing but the truth—an accurate financial/trading glossary, not like the one put out by those morons at Investopedia who say it’s impossible to short sell penny stocks and cannot account for my existence or my profits  

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A Decent Profit From The Airport Lounge, Now I’m Up 50% In 6 Months, Jewww Yahhh!

First time around shorting sketchy-100-year-old-oil-company-that’s-watched-the-world-go-by PDO, I barely made anything before it spiked hardcore and proved itself to be a full fledged Supernova, squeezing those stubborn short sellers who didn’t purchase my instructional DVD PennyStocking (or else they’d have cut their losses quickly) and putting the stock on my back burner as a potential short. So why today—when I knew I’d be hopping all over the place on planes, trains and automobiles during market hours—would I look to trade this sucker?

Simple: cuz I’ve got years of experience trading while traveling and considering this is the 3rd day short-squeeze-induced runup inside of a larger 8-day commodity-related runup, the odds favored an intraday breakdown of some kind—large or small would be determined by stop losses, fear, commodity prices and volume.  

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