Dude, Schizophrenia is Not: "Both of you have conversations with yourself." It is really a more complicated thought disorder than you see in movies (I have a PhD in clinical psychology). Anyway, I am not "Reaver"...Although you are correct that we share a similar dislike of Snake Oil.. Lets redirect attention to the thread topic of Timmay Penny Stock Trading: Do you have anything to add about Timmay?
And I have a a dislike for people who say they cant stand the thought of posting on ET, i.e. Reaver, and then spend the greater part of his free daily time here posting gobbletygoop. Hypocrites and liars like Reaver need to be exposed.......and OWNED. PRICELESS! http://www.traderslaboratory.com/forums/52/new-design-feedback-2097-3.html#post15310
No, because this is not a stock picking service. I want to teach you how to fish instead of giving you fish because I think with my experience and your discipline, you'll become a better fisherman than me. Also, I don't look at this in percentage terms since it's not a scalable strategy. If you were playing around with $5mm, then yes, a 1% return/year would be probable (in addition to a lot of money market interest since you'd rarely hold overnight and you wouldn't use more than 10% of your capital ever) If you're playing with $50k, then if I teach you right, you could probly make anywhere between 50-200%5/year. Who knows, it all depends on how many opportunities there are.
No, most newbies/suckers will lose money; so actually they will make less than Tim Sykes infamous: 1%/yr
Why are you so sure that my strategies will lose people money? Can you really not understand that outside of CYGT, I've never had a down year and that my experience with CYGT actually helps my teaching because now I've seen BOTH the risks and rewards involved with Penny Stocks.
It's not scalable? What if everyone who buys your DVDs take the same moves? After you make 300 million in sales on your DVD I don't want to be fighting for shares with 1 million others.