More like... Timmy has had 2-2.5 good performing years (hellooooooo bubble), and 4+ years of dismal returns over his trading lifetime. Which one is the "drop in the bucket"?
no argument there, so do I. however, in this niche, i don't know any. just admit you dont care for him, thats cool, and understandable--however to knock his book without reading it first is weak. fact is, timmmmay wrote the book, most dont even get this far. don't understand why a motivated guy with an entertaining /motivating book is getting such flack from supposed capitalists---particullarly before most here have even read it yet..... makes no sense to me. regards, surf
http://elitetrader.com/vb/showthread.php?s=&postid=1525978#post1525978 It's already been said....His "noobie to riches" story was played out thousands of times during the bubble...nothing special there. The kid is a cocky douchebag who treated people like shit b/c he thought he was something great. Why anyone would find him remotely interesting is a mystery.
If you think this thread is helping you..you're on drugs. Isn't it funny who timmay's biggest supporters are? Coming to timmays aide are tuderjones, who is possibly the biggest piker on this board. And there's marketsmurf, ET's resident name-dropper, who has been short and calling for a crash for weeks and months now, yet still claims a profit on these DJIA shorts despite the DJIA being the strongest index of all. But to timmay, this is all good !
I am not going to bother fully reading this entire thread because it is just too damn long and redundant. Everyone keeps bashing this guy every chance that they get over and over again. I am not speaking on Tim's behalf but from my perspective, it seems that this situation is a depiction of people bashing someone without good reason. This guy has made a living off the the markets which is something that most people will never do. He also has a book that is about to be published which is something that I am sure 99.99% of you have not done. People keep debating how good he is and if he will stick around in this business. Why do you care so much? At least he has had performance to speak of. I am sure most of you are more likely to turn $1.65 million into $12k trading instead of the other way around - which he has done. A lot of people - many of which I are probably on this forum - were trading at the same time he was trading and lost money so do not give me that he is a "product of the times" line. I don't know much about Tim as a person and I am not here to kiss ass but merely state that for all of you bashing this guy, just remember that as far as a professional career in the market goes, he has accomplished what most people only dream about.
Surf's current commentary is beyond pathetic. Apparently he had a 350 pt winner in the dow futures...only to have it go up and now against him. Talk about lack of money management. It's actually painful to read his "this mkt is just chopping around..waiting for the death spiral to continue". The guy just cant admit he is as wrong as one can be. So Tim's biggest suppporters are a total fucktard douchebag (TJ) and a guy who obviously isnt the sharpest knife in the drawer when it comes to trading....nice....who will Tim's next bigeest supporter be...a water gun that squirts jelly?
There is so much wrong with this post I dont know where to begin. In a nutshell....anyone can publish a book if they want...he made a bulk of his money during the bubble yrs......which tons of guys did....dream about being a guy who made money during bubble ..then failed miserably...now has to change careers???? Yeah...sign me up for that career.
EPrado, you say that as if publishing a book is a matter of writing up a few pages and hitting print a thousand times. There is more to it than that or we would all become successful authors. And yes, I said "successful" since I am almost certain that this book will sell nicely - enough to make him some nice bank. Secondly, you make this guy sound like he lost $1,000,000,000.00 in 10 seconds. He has not failed miserably. He is still in the game which is something that cannot be said for a lot of the traders that went through the bubble burst. That in itself is an accomplishment. Every traders take losses and almost without exception, we all have our rough patches. If you have such conviction in your words, why don't you just start a thread devoted to bad mouthing virtually every single trader in the world instead of just him?
You and Jim Cramer should have a contest for who can lose more money making bad picks! I'd vote for you. Who cares if anyone has heard of you...honestly, most traders who have seen you on tv probably think you're a dumb fuck which is clear, those who haven't heard of you might be dumb enough to entertain the idea of buying your shitty little book.