I just scan through part of Timothy Sykes book. He just talks about some very basic classic Technical Analysis with his "I can tell this TA works fxxxing good from my experience" kind of comments. Look like he has good long term plan how to use infinitely subjectively ways to "coaching" to earn big money from the public, I really doubt if he really earned good money from penny stocks.
Is this another banned poster coming back under an alias? Regardless, Sykes turned 10 or 20k into over a million twice-- both fully documented and audited. The second time, all the trades were posted in advance. The reason TA works in Sykes case is that he has other information about the stocks-- fundamental info showing they are overvalued and over hyped. In futures, you do not have any additional information therefore objective/ automated TA will not work as it can't stand on its own. surf
Please don't turn into another troll. We already have too many of them trolls running around posting misinformation about it can't be done, if done the person would never hang out at ET, demand live calls or if done...it was just luck. Simply, if you don't believe the guy or look down on him because he's a subjective trader, end the story here and move on to another topic. Anyways, I'll leave this thread now because I see where this thread is starting to go. Good luck with your trading.
"Regardless, Sykes turned 10 or 20k into over a million twice-- both fully documented and audited. The second time, all the trades were posted in advance. " you must really want that ride in the Lamborghini. as usual you provide no proof.
My statement is 100% accurate, just try to find the proof yourself. I can't spoon feed everyone again and again It's a great car--- Anna and I visited Sykes at home several months ago. It was as close to a scene out of "entourage " than I have ever seen in real life. Quite amazing. He is living the life. surf
you never provided the evidence. if you had the evidence you would have copied and pasted it. you have consistently mislead this board . repeating the same lie over again doesn't make it the truth. one or two months is meaningless. if you wish to rehash incomplete numbers you will be ridiculed. the truth is you are a liar when it comes to sykes. it is a trait of liars to tell others to do their own research when you should have COMPLETE info. at your fingertips. i am glad you enjoyed his entourage of gold diggers. was it a vicarious thrill?
What do you mean by this? In futures you have crop reports, inventory reports, demand/consumption projections etc. In many instances demand can be linked to economic data, silver for example having >50% consumption by industry. I could go on and on but you should get the point already.