A review of Timmay's hedge fund book

[EPrado]

Nah...dont hate you Tim. You would have to do something to me to deserve that status. I just dont particularly like you and dont see anything of value that you offer. But it's not hate.

I saw Newton's name .......his site kicks ass....I respect his opinion. Thats it.

Quote from TimothySykes:

Wow, you're a true hater. To go through a list o 150+ positive blurbs and find the one negative one. I commend you, you are truly my greatest hater.

But, even you hater #1, have to admit that the 99% positive book review ratio is pretty good (I'll publish any further negative reviews, if and when they come in)

 

[TimothySykes]

Quote from LionTrader:

O.k. this is entertainment.
Bunch of endorsements from people who don't trade but rather blog, or worse, teach.
Wow, fucking wow.

One quote,

"You're only as good as your last trade"

With that said, I hope this thread dies soon.
It is too soon to be entertaining circus clowns.

Uhhh more than 1/2 of these people are traders. You missed a couple of important ones--let me just highlight them for you:

“A clearly-written account of a natural trader coming of age, a Catcher in the Rye for traders. Highly recommended if you want to be or understand a trader...”

-Aaron C. Brown, Executive Director at Morgan Stanley, Author of The Poker Face of Wall Street (he was in charge of Risk Methodology at MS)


“Tim captures the mindset and drive of the at-home, chart-based stock trader…you'll find this book eye-opening...”

-David Jackson, Founder and CEO, Seeking Alpha


“A surprise for veteran or beginner…Mr. Sykes exposes a lot of himself which allows you to see the development of the trading mind…”

-Online Trading Academy


“A clear, unbiased view of trading…many lessons…I highly recommend it…”

-Tom Alexander, Partner, Alexander Trading, Savannah River Capital Management


“A professional trader myself, I can totally identify…I find it absolutely inspirational…”

-Grace Cheng, GraceCheng.com, Author of 7 Winning Strategies For Trading Forex


“Entertaining, insightful, and educational…it’s a great read…”

-Jame ‘RevShark’ Deporre, President, SharkInvesting.com, Author of Invest Like a Shark


“An interesting story that any trader will appreciate…”

-John Boik, Author of Lessons from the Greatest Stock Traders of All Time and How Legendary Traders Made Millions


“A book all aspiring traders should read. The mental elements of trading described in Tim's story, both positive and negative, are ones that all traders experience...”

-John Forman, Author of The Essentials of Trading


I think I'll just repost some of these quotes from time to time whenever my haters start spewing all their uninformed crap

 

[spinoza]

Quote from TimothySykes:

.....I'll always stick to Penny Stocks because they have the easiest charts to read ......

Tim, what is your approach for "reading charts"?

 

[TimothySykes]

Quote from austinp:

Tim, I am absolutely blown away. That list of reviews is incredible. I cannot believe you actually ferreted out all those people, sent them tear sheets = prereleased copies, followed up for positive responses and listed them in here.

The amount of time you have invested in this project is obvious. Your enthusiasm for the finished product clearly spilleth over. For all of that you are to be commended.

I'm still never gonna get around to reading it myself, just won't happen. But I do sincerely wish you well on the project. In the past (around your age) I wrote five self-published books on a topic totally unrelated to trading or markets. I wrote the rough drafts, edited finished copy, did the photos, cover, layout and all marketing myself.

Made a significant sum of money, sold 1,000s of copies retail and then sold the reprint rights to someone else. Formed my initial grubstake for trading, among other things.

Signed hundreds of copies for people, posed for pictures with them, etc. To this day I still get letters from readers with photos included, nice notes of appreciation. The ego part of all that is fun, for awhile. Enjoy the brief mini-fame. In no time at all it fades away.

Again, my sincere best wishes for your success in this project. Those who wish to read it will, those who have no interest cannot be dragged by wild horses to turn a single page.

Thanx, def. a quality post, very rare around these parts.

 

[TimothySykes]

Quote from spinoza:

Tim, what is your approach for "reading charts"?

I like to play exponential gainers, both long and short. Would love to be able to ride them long, but I'm just a much better short seller. See the charts of SCON and CRDC for my kind of plays. Lots of volatility, liquidity make it so you don't need perfect entries or exits to make tens of thousands per play

 

[Reaver]

Quote from EPrado:

Actually....if I were on an island and all that was there was sand...Tim's book....and a coconut.....I would take the coconut and smash myself in the head with it until I was unconcious.....then when I woke up I would repeat the smashing of my head again. That would be less painful than ready his drivel.

Once again you make a good point!

 

[Reaver]

Quote from austinp:

<i>"my fans will buy it and my haters will be forced to come around and satisfy their curiosity"</i>

That accounts for a fractional blip of people... the rest of us are too busy reading stuff that will actually educate, entertain or both.

Got a couple of new books today on rearing honeybee queens, it's quite a process propagating them. Not sure I'll ever delve into the artificial insemination process to keep strains pure, but ya never know.

So many good books = magazines to read, so little time here on Earth. Such a shame.

LOLOLOLOL

 

[Reaver]

Quote from TimothySykes:

Take a look at some of my blurbs and try to tell me they don't think my book is educational / entertaining or both:

“A clearly-written account of a natural trader coming of age, a Catcher in the Rye for traders. Highly recommended if you want to be or understand a trader...”
-Aaron C. Brown, Executive Director at Morgan Stanley, Author of The Poker Face of Wall Street

“Want the ride of your life? It reads like Reminiscences of a Stock Operator…Tim holds nothing back…”
-Alexander Paul Morris, President of Yourika Corp., MoMoneyTV.com

“Updates Reminiscences of a Stock Operator into the 21st Century...”
-Allan Harris, AllAllan.Blogspot.com

“The Da Vinci Code for investors. Every turn of the page is more engrossing…”
-Andy Swan, Founder and CEO, MyTrade.com

“Should be read by anyone who is serious about making money trading…reminds me of How I Made $2 Million in the Stock Market and Reminiscences of a Stock Operator…”
-Brian Shannon, AlphaTrends.Blogspot.com

“The most realistic portrayal of the risks, rewards, joys, frustrations, exhilarations and the depths of a trader’s life since Reminiscences of a Stock Operator.”
-Craig L Howe, Faulkner and me, Amazon Top 500 Reviewer

“Potentially the new Reminiscences of a Stock Operator as it's definitely a future classic in this genre...”
-Dave Goodboy, TradingMarkets.com

“I could hardly put it down! Right up there with Confessions of a Street Addict as one of my all-time favorite books about stock traders…”
-Fred Fuld III, StockerBlog.com

“Not since How I Made $2 Million in the Stock Market has anyone written such a personal and extremely informative account of their trading experience…a must read…”
-J. Lauriston, The Lauriston Letter

“Not since Dumb Money have I found…sarcastic humor and no-holds-barred honesty so authentic and compelling…”
-Jeff White, Founder, TheStockBandit.net

“Finally! A follow-up to the classics, Reminiscences of a Stock Operator and How I Made $2 Million in the Stock Market…a must read for any aspiring trader…”
-Kevin Kelly, BloggingStocks.com

“I can't believe I've finished the whole book in less than 24 hours…last time I had this same enthusiasm about a book was when I read The Secret…”
-Noel Bautista, 2MinuteCommute.com

“The modern-day Reminiscences of a Stock Operator…”
-Ron Sen, Ronsen.Blogspot.com

“This is the 21st century’s Reminiscences of a Stock Operator…READ IT!”
-Shuo Liu, UCLATrader.Blogspot.com

“This is the modern-day Reminiscences of a Stock Operator. A wonderful insight into the often mystical world of day-trading and hedge funds.”
-Theo Wong, StokBlogs.com

“One of the few books besides Reminiscences of a Stock Operator that I read cover-to-cover non-stop…”
-Victor William, BuzzingBell.com

Business Leaders:

“Should be a prerequisite for every kid coming out of business school…”
-Adrian James, President, The Stockwire Group

“Tim’s story and his honesty will inspire generations to come.”
-Brett Fogle, CEO, Options University

“This book isn't just about making money; it’s an inspirational yet realistic look at the world of trading and startup hedge funds.”
-Chad Brand, President, Peridot Capital Management, LLC and author of The Peridot Capitalist

“A must read for every man, woman, and child who wishes to get into the world of hedge funds.”
-Chris Lahiji, Founder of LD Micro

“Tim captures the mindset and drive of the at-home, chart-based stock trader…you'll find this book eye-opening...”
-David Jackson, Founder and CEO, Seeking Alpha

“Masterfully crafts inspirational lessons about trading and life as a must-read guide for everybody pursuing the American Dream.”
-Dr. Prieur du Plessis, CEO of Plexus Asset Management, InvestmentPostCards.com

“A must read for entrepreneurs everywhere...”
-Evan Carmichael, Founder, Evan Carmichael Communications Group

“This is the first book I’d give to somebody if I were trying to interest them in the stock market…”
-Greg Feirman, Founder and CEO, Top Gun Financial Planning

“Brutal honesty and self-criticism…is what distinguishes this book from others…”
-Jeffrey Mishlove, PhD, President, Intuition Network, ForecastingSystems.com

“Should be required reading for anyone contemplating an investment in a startup…”
-Kenneth Wasserman, President, ASKM, LLC

“A no holds barred and hilarious look…honest reflection…a great read for all...”
-Matt Brown, Founder, Investors Hub

“I love the book… it’s a very honest portrayal of one man’s journey…”
-Neal Berger, President, Eagle’s View Asset Management, LLC

“A surprise for veteran or beginner…Mr. Sykes exposes a lot of himself which allows you to see the development of the trading mind…”
-Online Trading Academy

“What a great book. Engaging, honest and entertaining...”
-Perry Blacher, Cofounder, Covestor

“This will be a big hit with college students and inspire many.”
-Peter Ricchiuti, Assistant Dean, Professor of Finance, Freeman School of Business, Tulane University

“A must read for anyone dreaming of becoming a hedge fund manager…”
-Sam Butler, President, Steadfast Resource Associates

“A highly-entertaining and riveting account…a must-read for all aspiring traders and hedge fund managers...”
-Stephen Karl, Founder of Stockalicious.com

“A story that will inspire the next generation of investors...”
-Thomas Catino, Managing Member, Ant & Sons LLC

“A clear, unbiased view of trading…many lessons…I highly recommend it…”
-Tom Alexander, Partner, Alexander Trading, Savannah River Capital Management

“A refreshing perspective from one of the industry’s rising young stars—it even draws a little blood…”
-Tom Sosnoff, Cofounder and CEO, Thinkorswim, Inc.

Authors:

“A fun and entertaining read about one of Wall Street's most important subjects.”
-Daniel Strachman, Managing Partner, A & C Advisors LLC, Author of The Fundamentals of Hedge Fund Management

“A professional trader myself, I can totally identify…I find it absolutely inspirational…”
-Grace Cheng, GraceCheng.com, Author of 7 Winning Strategies For Trading Forex

“Tim lays it on the line. The pain, the hunger, the glory, the brutality of trading in the trenches. Read this before you try to turn $12,000 into $2,000,000.”
-James Altucher, President, Stockpickr LLC, Formula Capital, and Author of Trade Like a Hedge Fund and SuperCa$h

“Entertaining, insightful, and educational…it’s a great read…”
-Jame ‘RevShark’ Deporre, President, SharkInvesting.com, Author of Invest Like a Shark

“An interesting story that any trader will appreciate…”
-John Boik, Author of Lessons from the Greatest Stock Traders of All Time and How Legendary Traders Made Millions

“A book all aspiring traders should read. The mental elements of trading described in Tim's story, both positive and negative, are ones that all traders experience...”
-John Forman, Author of The Essentials of Trading

“The government doesn't want you listening to Timothy Sykes. That's why you should.”
-Michael Covel, Bestselling Author of The Complete TurtleTrader and Trend Following

“Of all the trading books I have read, this is one of the most entertaining, honest, and applicable…”
-Peter Leeds, Author of Understanding Penny Stocks, PennyStocks.com

“A breath of fresh air. I read it cover to cover in one sitting and didn't get bored for a moment…”
-Russell Bailyn, Author of Navigating the Financial Blogosphere

“A pulse-quickening, insider's view of an incredible time in market history…”
-Tim Knight, Founder, Prophet.net, Slope-Of-Hope.com and Author of Chart Your Way To Profits

“An engaging story about a talented day trader…his success and ultimate clarity of purpose is inspiring...”
-Tracy L. Coenen, Author of Essentials of Corporate Fraud, Sequence-Inc.com

“A wonderful, entertaining, frank tale of how randomness met Wall Street.”
-Vitaliy Katsenelson, Author of Active Value Investing: Making Money in Range Bound Markets

aaah Dave Goodboy also wrote a hugely flambouyant review for Trendfollowing too!

hmmmm


Yeah let me override my common sense and buy a book because these clowns recommend it....even though there is a good chance they didn't even read the book at all, since everyone knows it is a professional courtesy to write rave reviews about every book you're asked to...since they may need you to write them a rave review one day...

Ya know...I actually LOST respect for Tom Alexander because he wrote a "blurb" for your book. I swear to God. I actually liked the guy til just now.

 

[BOSS_HOG]

The ironic thing is that everyone who hates Tim and continues to posts on these threads is raising his visibility and thus likely increasing his book sales. This of course puts more money in his pockets. It's in Tim's best interest to respond to every attack to keep the threads fresh and make more people curious to read his book....

 

[Reaver]

Quote from EPrado:

Quote from TimothySykes:

And mooooore:

"Gee....a story about an egotisical prick who made money during the good times then lost a big chunk back.....something new" - 99 % of current/past traders

"BOOOYAH...finally...someone has come along to take over as most annoying person in the financial world"- Jim Cramer

"I was waiting in the bathroom stall for Senator Craig to arrive when I found Tim's book...the cover was ripped off and used by someone to wipe their ass....the senator was late so I began to read....if it wasnt for the Senator from Idaho finally showing up for his "servicing" I would have finished the whole book right there"- Marketsurfer

" I LIKE I LIKE I LIKE......PAGES BIG...SO MY BIG HANDS CAN TURN DEM.....AM GOING TO GO TO BOOK SIGNING KICK TIMS ASS....THEN GO OUT AND BUY HIM DRINKS.....SEBEN LIKE BOOK....SEBEN HAPPY "- Seben...valedictorian of Creedmore class of 2007.

HOLY SHIT I JUST SPEWED CODE RED ALL OVER MYSELF!!!!!!!

AAAHAHAHAHAAAA!!!