How and what did you play to run $13k to over a mill in 5 months. Shit.. I only manage to run up to 200k during that period only to give it back and then some. I just watched WSW. Are they gonna have more segments? Good luck to you..
Played thousands upon thousands of microcaps-long and short, but I've become a much better short seller. Tons of volatility in this niche and lots of liquidity too--plenty of ways to make money off stocks that go from $2 to $8 or $3 to $12 within a few days. Scary stuff though. WSW will return in early 2008, filming is going on this summer
Last week I sent out a few advance copies of my upcoming book to some highly respected fund managers, bloggers, and book reviewers and I'm proud to announce I have my first overwhelmingly positive review from a great hedge fund manager: I love the book--it's a very honest portrayal of one man's journey both as a trader and as an emerging hedge fund manager. Tim tells it all, the good, the bad, and everything in between. So I'm pretty happy right now. If any of you are bloggers, newsletter writers, or book reviewers, just let me know--I have a few more advance copies available to send out.
Ahh there is still hope for me then. Now to convince the committee that worshipping Jessica Alba is a passionate unusual talent....
The book will be published October 1st, 2007. Wiley offered me a $35k advance, but I told them to take a hike--there will be a PR as to the new publisher shortly...
.. I haven't had a chance to read through the uncorrected proof that Mr. Sykes graciously sent our office (thanks!) but a colleague read it and wrote up this thumbnail: "Tim enjoyed considerable success daytrading microcap stocks from 1999-2002 and credits his profitability to finding a niche and identifying correlations between news and price patterns, although he doesn't seem to conduct formal statistical testing of these patterns. As of 2002 he adopted a short bias and has understandably seen mixed results since. He writes about marketing limitations placed on hedge funds, which he largely blames for his inability to raise funds (he has ~1.5 aum). Seems like an intelligent guy with a deep interest in markets and bright future prospects ." When I read the book myself, I'll send Mr. Sykes my thoughts privately.