The 1%/year is with Cygnus, not my pure trading strategy. Without it, I'm more like 20-30%, but that's not even the point considering I think I can teach people to do better than me. All I've got is the knowledge and experience, but not the discipline. Thats why I put all the rules on DVD so if somebody comes to me with a blank slate, they won't know any other way and presto, discipline
More bullshit. Your "track record" sucks (unless you think a 1% return over the last 5 years is good?) THE NASDAQ BUBBLE IS OVER. WHATEVER YOU DID FROM '99-'02 IS ANCIENT HISTORY.
Tim Sykes Track Record: < 1%/yr since 2003 Sorry, your many other trades were not good enough to make you and your investors money. Start a journal with real-time trades, and you will earn credibility!
Ha, my fund was up 70% from 2003-2005 and 40% if take our Cygnus. You're just not hearing me: My track record shows I've been successful, which elevates me above just about everyone on this board. BUT more importantly, I'm not that good a trader, I've changed professions to help others use everything good that I know and teach them to avoid the bad. I'd much rather be remembered as a great teacher than a great trader, much more fulfilling, and fore me, much more realistic.
You could have posted todays trades already on your Journal, (instead of posting your other pretty worthless comments on this thread). Tim, No excuse not to do it!! The interviews do not give you any credibility; but your Journal will!! We will take you at your word: "And I will once I have time"
So can all of us take out big losers and pretend they didn't happen? I've traded full time for 12 years --- if you make a losing trade it's part of your P/L you can't say "if you exclude CYGT". Further, to suggest you're above just about everyone on this board is very faulty thinking. You can talk about CYGT and restricted stock and all that BS but it was you who made such a poor investment. And that is part of your cumulative P/L. I asked earlier about getting additional capital from family and/or friends. You stated many were already invested with you. It would seem to me that if your stock picking abilities are as great as you suggest that they'd be wanting to give you even MORE money to make up for the CYGT losses. Your reasoning is lacking from a logic perspective. If you know how to pick winners, and can back it up with results over time, then people will want to give you money.