I was going to address this issue...but stayed away. But....if Sykes is putting on positions, then making calls in very illiquid stocks, then covering into the move as his sheep push the stock.....not only is it a scumbag move, but he would most likely be in deep shit with The SEC. Hopefully he isnt a piece of shit doin that move. Tim isnt a trader and is looking to make his mark in publishing. He might have a shot in that arena..... by the way Tim....after getting bitch slapped by the guy at Trader Monthly and whining about being left out of their party, was your date able to retun her dress? Too damn funny....
Go check out the rest of the conversation he still wont answer any questions. He wont even answer the simplest question which is "Do you believe it is beneficial to be short before your subscribers know about it" i will not endorse this retard but go take a look. Nice call on the dress too, haha, i dont normally feel the need o do that but there is something about a total douche like that which makes me want to put him in his place..... I got my ass handed to me when i learned trading by someone very similar to him. My only hope is that someone learning will read this and avoid the temptation.
You obviously have no idea how the penny stock market works. The risks involved are great. So much so in fact that you are bound to lose all of your capital in the long term. All it takes is for a company to be taken off the NASDAQ or for the stock to become completely illiquid. This is what happened to Timmy's fund (it blew up!). In other words, not only is it not scalable, it is about as risky as it gets. To say that this is the route to take for the average Joe who simply wants to make 10,000 USD, is beyond reckless. Joe could at any point lose everything and most likely cannot afford to. It seems like easy money until it isn't. Your turn to respond intelligently.
If he makes 50K plus/month why did he just admit on his site that he only has 26K in his trading account? â¦without leverage, without trading every day and stuck below the pattern day trader rule for 9 months, my 26k is fineâ¦wait til next year, and the year after and the year after⦠Poor Tim, he has a money machine he has no use for. His account is already too big..... I second RedInk, this site has gone down the toilet thanks to trolls like you.
True, I do not follow the penny stock market, my comments were about the slur you used to describe Jewish people. ............all is forgotten, if you want to use that slur go ahead.
I think you meant to say, a fully-audited pretax sum of one point six five million. Got to make sure to say the first bit.