Sykes is so 2008. The liquidity on the stocks he trades - in my humble opinion - make his advice worth not much. Agree with everything said here - he's a great marketer.
As always, I have been telling you dopes that Sykes is a scammer and a con man for YEARS. Do you need constant reminding?
I don't know how often he post his trades on Profit.ly but he does share his gains and losses. http://profit.ly/ He just purchased a 2 million dollar home. On Wallstreet warriors he lost some accounts but who doesn't. I don't advocate for the arrogant prick, but you can't discredit his success. He has made a name and a brand for himself. No one can teach you to trade. I know that from experience, if you have no plan of action, exit strategy, discipline or understanding of the markets, you wouldn't learn from Warren Buffet, Jordan Belfort or Bernie Madoff. Tim has probably made more money than those knocking him, or combine for that matter. If you going to knock someone be truthful, that is the only way you can get people to listen. He makes money teaching, however he is not the first to expose pump and dumps. Anthony Elgindy was the first, he was profiled on American Greed. He was making money in the late 90"s, but got taken down due to insider training using the FBI database. Tim just purchased a million dollar house, teaching cant pay a $6K mortgage not to mention his lifestyle. He is a self made millionaire in absence of working for a firm. I take my hats off to him, most people loose their butts off. I'm playing it safe with a 9-5 and trading. However if the shite does hit the fan and I have to leave the job. I will at least have my Series56 to test the waters if need be and see how long I can stay afloat without my life raft (job),
Private message with Sykes from a guy I follow on twitter. I personally think the dude is a dick and pretty good at parting fools from their money.
Apparently he isn't very good at real estate, because his house's value has fallen by 50% very fast.... So basicly you are admiring him for running pump and dumps and as defense you bring up the fact that he isn't the first one to do so. My personal hero is Madoff, he did purchase a 10 million dollar apartment and he wasn't the first one either who ran a Ponzi...
http://www.timothysykes.com/2014/02/stop-loss-trailing-stop-loss/ He'd made great profits for the month of June. As far as his house dropping by 50% show and prove with a URL.
I think he is a real deal when it comes to making money. But his style is too risky, like playing penny stocks that too on the 'pump and dump' list. Also other penny stocks that can move mighty on a news etc. Not too many folks out there make money consistently like Sykes does. A decent teacher too. The marketing campaign and style of his team is little aggressive and brash. Likes to flaunt his market gains.
reviews on his book are extremely negative....lots of 1 star reviews....doesn't inspire confidence. I will ignore him.