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http://timothysykes.com/2008/05/01/april-review-a-solid-5-month-defines-the-life-of-a-pennystocker/

Archive for the ‘Monthly Review’ Category

April Review: A Solid 5% Month Defines The Life Of A PennyStocker

Tags: Blogging, DVD Reviews, Monthly Review

April was an interesting month—finished up just over 5% to finish at $18,284. Many great trading lessons, in the first 10 days, I got off to a booming start—as there were PennyStocking plays galore—but I didn’t earn a dime during the second half of the month. Not because there weren’t plays, more due to not being able to properly research/watch the markets every second like I like as I was speaking, traveling and working on this new website. Life usually does get in the way of the trading, but that’s fine—I’ve learned you need balance. Take it one pump at a time, profit as much as you can, enjoy the rest.

And, in case you cared, website traffic, while down slightly from March, grew steadily over previous months, and if you take out that huge one-time gain thanks to my Facebook convo with Ashley Dupre, hit a new all-time high…people are tired of all the finance BS, brutal honesty is the clear solution.

Here are posts you need to memorize for a quiz on Monday:

Successes

PennyStocking is all about predicting 10% price moves

It’s easy, but you gotta find shares to short cuz everybody wants in!

It’s fun when the media helps manipulate prices

It’s even more fun to trade in the airport (not)  

TIM 6 Month Review: Earn 47% While The Markets Drop 10%

Tags: Financial Media Circus, Link Love, Milestones, Monthly Review, graphs

Yup, that’s right, tiny, loud mouthed, mistake-celebrating TIM just busted a cap in the ass of the joke that is the financial industry by implementing my own brand of PennyStocking, or short selling View definition in a new window penny stocks, a niche that’s supposedly random/akin to gambling and according to Forbes’ oh so popular Investopedia, in their definition of short selling, impossible to short sell! Screw them, the graph below says it all:

Maybe in the future more attention will be paid to this accurate definition of short selling View definition in a new window—written by somebody who’s made millions from this strategy instead of some wannabe who’s just the latest journalist joker…you guys remember Sri, the theater major over at CNBC (fired yet?) and TheStreet.com guy who wrote about a product the company had already sold (fired yet?)! How could we forget—after all, their jokes have been very profitable for me and my readers.

Sorry, I digress—my blood is boiling from the amount of misinformation out there—this is a time for celebration and review. After all, while I made plenty of mistakes, a 47% return in 6 months is something to be proud of. So, take a look at all the most important posts during this journey, I promise, no matter what Investopedia says, this strategy is alive and well, legal and learnable (and to you haters, just wait until you see what I can do when I no longer have to deal with the pattern day trader rules, I plan my speaking schedule better and I’m not building a revolutionary new website…when TIM reaches $100k, it’s gonna be damn fun shutting you up as I make $50k+ in 6 months):

Successes:

Shorting Into A Factually Inaccurate Article

How I Made An 8% Return Before Lunch

How I Made 25% Just By Holding A Distinct Pattern Overnight

Why My Strategy Works Even For Stupid People

God, I Love Short Selling Penny Stocks!

Redemption Trade

Failures:

A Truly Amateur Trade  

TIM Monthly Review: Beware The Ides Of March Or Learn To Short Sell!

Tags: Monthly Review

March was damn good to me, earned 8.63% , helping extend my lead as the top ranked guy on Covestor. These kinds of returns warm my belly, especially when so many mainstream allegedly “safe strategies” are getting absolutely crushed. TIM’s return since inception in November 2007 now stands at 40%, compared to a -14% return for the “safe and diversified” S&P 500. Total annihilation. Sweeeet!

timmar1

Yes, I’m just playing with a tiny chunk of change and taking on some risk–welcome to the lives of most investors/traders! For all my continued success, those of you frequent readers or who’ve seen my instructional DVD PennyStocking know my trading has been highly flawed…as it has been for the past decade…meaning I made millions even while making tons of mistakes…meaning you can take my theories and do better…you should do better.

So let people knock penny stocks, assuming they’re “akin to gambling” and let them knock me, assuming I “got lucky during the bubble”. Assumptions are the mother of all F%#^ ups. Numbers don’t lie, people do. And that’ll never change. Because human nature never changes. And that’s what my strategy is based in. And that’s why my strategy will always succeed—no matter if you’re a good or bad trader, whether there are few or many plays, just as long as the stock market exists, small companies need to raise cash and human beings—especially financial human beings (aka scum of the earth)—remain true to themselves. Judging by recent events, financial scumbags are more prevalent than ever.  

TIM And TimothySykes.com Traffic Surge 15% In February And Why I’m Living The Good Life

Tags: Monthly Review, Popular Posts

To be exact, TIM finished the month up $2,098, or 15.09%, to $16,006. A new record high. Wooo hooo! I’m finally getting the hang of trading like a poor person again. Feels good to be the underdog. Makes me work harder. More importantly, website traffic also surged 15% on the month—every day now there are more than 3,000 people trying to determine if I have any reason to be this cocky or if I’m just full of it. Despite these gains and my now nearly 30% return since November, the jury’s still out. Sure, people are learning, my readers are profiting, transparency is waaaaaay up, but the data sample is still too small to truly draw any conclusions. No doubt website traffic was also helped considerably by this funky fresh new site design, which debuted on February 4th and was designed by the man himself, Pallian.  

TIM: December Review

Tags: Monthly Review

TIM $14,327, Up 1.26% In December.
Not Much $ Earned, Just Lessons Learned.

Sure, sure, that’s a decent month, considering all the major indices were down 1%. If I was managing a fund, everybody would be cheering my ability to profit in the face of others’ losses. In reality, a 1% monthly gain is not only pathetic, it’s dangerous.

You see my competition isn’t the indices and they shouldn’t be yours either. The Wall Street system has gotten you to believe that 10-20% annual returns are great and that if you beat the indices, you’re a star. No. You’re not running some mutual or hedge fund (so you shouldn’t invest/diversify like one) and your life is no better whether you beat or trail the indices by 1%, 5%, or 20%/year. Whether you’re trading with $1,000, $10,000 or even $100,000, does it really matter if you make an extra $200, $2,000 or even $20,000 that year?  

TIM: November 2007 Review

Tags: Monthly Review

TIM $14,148 (up $84 on the day, up $1,733 or 14% on the month)

A decent debut, especially since S&P 500 dropped 4.4% on the month

Hmmm, thought I was a failed trader—nope! A failed hedge fund manager—yup! If you’ve read my book, you und
 

Timometer

UPDATES

May 16, 2008

My whole KYUS saga...still a solid profit of $350 today, the only time I shoulda been playing this stock

May 16, 2008

10 stocks to watch today

PDO already up $1.25, sux I'll be away all morning workin' on TIMtv, got 500 shares reserved to short if need be this afternoon

Also reserved 3,000 FORC and KYUS for potential shorts

May 15, 2008

Yup, by next Monday, everything's gonna be real working-like!

May 15, 2008

PDO, up $4+ today, will teach you not to randomly short strong penny stocks, get in, get out then run...cuz sometimes they squeeze stubborn shorts to death!

TIMtrades

Learn from my successes, learn from my failures, learn from TIM. Learn more HERE.

Date Stock Buy Sell Net
May 16 KYUS $2.50 $2.49 $67
May 12 CNEX $7.20 $6.00 $740
May 7 VRML $3.05 $3.75 $890
May 6 VRML $4.42 $4.36 $180
May 5 LGDI $4.42 $4.67 $353
May 2 VM $3.97 $4.01 $12

Total: $18,523 ( 50% )

TIMreads

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