You mistake me taking advantage of the opportunities I see for giving up on trading. Why must we traders limit ourselves to trading investments? Why can we not trade entire careers too? You, like many traders, are very narrowminded; I am not. I will do whatever I can to adapt to the changing market environment and my market is now educating the public as to ALL the potential risks and rewards involved
Tim, Does that mean you promise to leave "narrow minded" ET? (please consider, we do not deserve your deep insight to life!...)
Tim all this bullshit goes away if you just make money trading. You can sale your books and people will respect them more. You canât have a big loser and write book. Itâs like a Hollywood star on video being a child molester and then releasing a movie the same time. My advice is walk away from elite make money and then talk about your book.
Nope, I can still trade, but my strategy simply isn't scalable. It'll be a lot easier for me to teach 1,000 people to make $10,000 each than it is for me to make $10 million. Gotta love scalability, I didn't learn about it until it was too later, now my opportunities lie elsewhere.
Ah, but you see this is where you're wrong. People need to learn to respect, understand and learn from their losers as much as, maybe even more so than their winners. I understand this is an abstract concept and one that I'm gonna take a lot of heat for, but I truly believe it will help traders, investors and everyone so I'm gonna promote this message at all costs.
That's exactly my point -- you have a few strategies which you trade on small caps and they are no longer working. How about taking the time to learn some new ones which are more scalable?
http://ftalphaville.ft.com/blog/2007/09/25/7586/tim-sykes-has-a-fund-only-a-mother-could-love/ Timmay finally gets a PR person to clean up the mess he made of his life (smart move after embarrassing email disaster!) and all of a sudden now wants to talk trading!! LMAO! It's too bad you just learned this. The disrespect you've showed for the Wall St community has killed you. I tried to warn ya, but you have a thick skull, and your vindictive nature to that rag mag totally destroyed you. Even a PR person cannot mop up the damage you've done to your image !! My free advice (better than paying for PR): start showing major contrition.
Sykes said: "..It'll be a lot easier for me to teach 1,000 people to make $10,000 ..." Uh oh....Here is a warning about Sykes/BullShit Express: 1) He closes the failed Cilantro Fund because it had an audited track record which documented his failures, then 2) Now, with the Fund closed he can BullShit his "trades" to newbies and suckers....(kind of like another marketslurper). For example, Sykes will name a bunch of possible trades and then take credit for anything that works. 3) Sykes will not have any audited track record; so all aboard the BullShit Sykes express!
I could care less about the Wall St. community, they're not my focus. In fact, it's their arrogance and old fashioned ways that are the reason why so few outsiders learn any important lessons until it's too late. Don't you see--it's all related! Think about how many people just like me have gotten sucked into Pink Sheet stocks---millions--but unless you've had personal experience, it's difficult to learn because nobody's detailed their experiences with brutal honesty in quite a while. PS Traitor Monthly is small potatoes, the fact that they took the time to smear me, a lpractically nobody trader, shows just how irrelevant they are.