This is getting even funnier....Sykes is now being compared to Acampora. Do these people realize that Sykes is a daytrader who trades a retail account and nothing more ? He will not be asked by any networks to do commentary. His few appearances on TV were rather embarassing and brings nothing to the table. He'll sell some books in the fall and then most likely never be heard from again (outside of on here and on that lame tv show that is seen by very few people).
It doesn't get much funnier than guys cheering for him to sell a lousy 10k books so he can get some crap job being a talking head on CNBC touting about shit he doesn't know about...too funny.
zero credibility..... oh by the way, wanna post account statements between my checking account and your hedge fund to see who's getting better ROI? Let's check them returns baby! It's gonna be neck and neck.
Maybe a more felicitous comparison would be to, say, James Altucher or Jonathan Hoenig, presentable, well-spoken young gentlemen who are good on TV, and have written a book or two to give themselves some mindshare.
Who are those two dopes? Tim is only known because of his bullshit about making money that he has barely hung on to. If he gets on to tv and makes $100k a year I could give a shit because that's a joke salary in NY or anywhere really and for someone who's claim to fame is making a couple of million that is hardly a step up. If you think that's good and that 10k in book sales would be great you have very low standards of excellence which kinds of shows since you're promoting a guy who barely has a compound profit over the last 4 years.
I'm not "promoting" Mr Sykes -- I've never met him, and it doesn't matter to me whether he succeeds or fails in his endeavors. What I am trying to do is.. offer thoughtful posts free of four-letter words (which appears to be a challenge for some of the "elite" traders).
I just dont see why a channel would bring Sykes on tv on a regular basis. Outside of to promote his book. It certainly wouldnt be for his performance. He really has nothing to offer to the active traders/investors that watch these channels. All he has is a story about making money yrs ago.....not being able to raise capital for his 'hedge fund".....whining about not being able to get his hedge fund going...and his current poor trading performance. Like I have said..his story isn't really interesting.
You're definitely promoting him. 5-10k books would be pitiful sales-wise and how do you know what doors it would open for him? You're spinning things positively for one reason or another, at least stop lying about promoting him. Totally agree. I think it would be funny if he got on a tv show, I'd cheer for him. It would be a step down from being on a tv show for trying to start up a fund after you got lucky in the the bubble for sure.