running a hedge fund is a tough racket thats for sure. And for 20% on a $100k net tough part isn't making money , its like we all can make money its the consistency that is insanely hard to keep up. When you hot in the game, make all the money you can , after the time/opportunity passes, start diversifying the money into other business ventures and let other managers worry about it Noticed tons of successful traders do this, they never have most of their money investing in their own trading espically if they are trading. Shit is like a dice roll sometimes. Doing deals is another thing (icahn type) I believe is where big players put 95% of their money in. This is the only type of business you have much more control over the outcome then waiting for the next sucker to buy 100k shares I notice tim is following the right path with his book.
what is the point of being "short biased" ? price goes up just as easy as they go down. trying to be ego saying most people are afraid and lose money going short. ide rather make $ no matter the conditions than trying to stand out . money talks, bs walks. oh and I think tim got PWNED.
thats because people usually specialize in one thing sort of like why you would ask why doesn't home depot sell me some hamburgers? hamburgers make money as well! Cause home depot specializes in building materials, They have an edge in that market.
Tim, you're a total tool. You didn't address anything I stated in any real context because you're a schmuck. And FYI, I know of one stock you put a rather large sum into that went down about 90%. Care to discuss it? It's a pink sheet! Your crap about exploiting the publishing market is total hyperbole...if you write a good book and people buy it you make money. Claiming to be exploiting an inefficiency is total blather...like most everything else you say apparently. Investing all your own money into a fund, even if you create the entity, doesn't really make you a hedge fund manager. That's like saying that a guy who invests in a stethoscope and lab coat is a doctor. Apparently you like playing investor but can't seem to actually make any money, hence the whole book spiel.
Please, by all means, tell everyone about my mistakes--let's see if you can explain them better than I can. My book is 272 pages so I hope you have a vivid imagination otherwise there's gonna be no way you can compete with me. But please try. Email me your manuscript at tim@timothysykes.com and I'll tell you how close to the truth you got. Seriously, let's see what you got. I've tried to explain to you that I'm going to reveal EVERYTHING, all my ups and the downs, so if you're gonna come at me, bring something that I haven't already said I'd talk about. As for exploiting the inefficiencies in the publishing industry---same lesson kids---you don't know my plans, you haven't done the research I have so stop wasting my space on my board with your speculative nonsense. I have written a good book (at least according to 14 HF managers and bloggers so far), but why should I be content to only make $2/copy when I can make 4-6x that if I exploit the market's glaring inefficiencies? If you have a problem with my title, I'll have the printer make you a special copy and you can call it whatever you want. How does that sound? Happy now? This will be my last message to you unless you can actually insult me with something original.
Who's insulting you? I'm calling you like I see you...a schmuck. How about printing an excerpt where you discuss your brilliant investment in CYGT? I'll be waiting, this should be fun!
Wow this thread has really gotten out of hand fast... Tim, can you share some insite on your average trading ratios: what type of risk/reward ratios do you usually look for and take? What's your average win/loss ratio? I read your "10 most common trading mistakes" (that you sent out from your website), one of the mistakes was 'letting your winners run too long'....so i'm curious, what type of risk/reward setups do you look for?