'An American Hedge Fund' Reviewed on DJ Newswire

Surdo · Oct 1, 2007

"An American Hedge Fund is a story of how Tim Sykes received $12,000 in gift money at the age of 18, started trading the stock market aggressively, and ended up with a stock portfolio valued at over $1.65 million before the age of 22."

This asshole thinks thinks 18 is Bar Mitzvah age, common now Timmay. You wrote this didn't you?

You are pathetic.

darren · Oct 1, 2007

Yeah I made a shitload of money in the late ninties early 2000's like every one else Timmay. It wasnt hard back then and its not hard to get a lucky strike on a penny stock either. Yup I also blew up and lost every dime I had in one day. But I am not out there being a whining p---y like you trying to teach someone something that everyone already knows, don't blow up. I am back and trying to make my money the hard way trading it. I dont quit when the chips are down or rip off poor investors to make a hedgefund. So enough already , your not unique , lots and lots of people made a ton of money and lost it. So no need to get your message out, your just another young kid who was a moron and lost everything and tries to scheme and do whatever to make a book. I bet your clients would be happy if you put as much work into making there money back as you spend on this thread

TimothySykes · Oct 1, 2007

Quote from Surdo:

"An American Hedge Fund is a story of how Tim Sykes received $12,000 in gift money at the age of 18, started trading the stock market aggressively, and ended up with a stock portfolio valued at over $1.65 million before the age of 22."

This asshole thinks thinks 18 is Bar Mitzvah age, common now Timmay. You wrote this didn't you?

You are pathetic.

C'mon man, I did only start playing with my Bar Mitzvah gift money when I was 18 (it was doubling in series EE bonds before that)

If that's the best you can do then I overestimated you.

ess1096 · Oct 1, 2007

Quote from TimothySykes:

The point I'm trying to make is that there hasn't been any detailed personal stories out there from people in finance, such as on this day I made $x because....and on this day I lost $x because....

Try reading "The Stock Trader" by Tony Oz.
Now HE wrote an inspiring book and HE made money trading.
YOU are just a COWARD with absolutely NO self respect.

PS: Darvas' book also fits the bill.

TimothySykes · Oct 1, 2007

Quote from ess1096:

Try reading "The Stock Trader" by Tony Oz.
Now HE wrote an inspiring book and HE made money trading.
YOU are just a COWARD with absolutely NO self respect.

PS: Darvas' book also fits the bill.

I made plenty of money trading--my book, and more importantly, my DVD shows how these Penny Stock Patterns still exist, even if I'm too undisciplined to take advantage of them.

DHOHHI · Oct 1, 2007

Quote from TimothySykes:

Just to add a little more proof that you're 100% wrong, here are <b>4 more glowing reviews:</b>

http://stockdollars.blogspot.com/2007/09/book-review-american-hedge-fund-by.html

http://financial-education.com/2007/10/01/book-review-an-american-hedge-fund-2/

http://www.milliondollarjourney.com/book-review-an-american-hedge-fund.htm

http://lloydsinvestment.blogspot.com/2007/10/have-you-read-new-book-american-hedge.html

How many more positive reviews is it gonna take for you to give me a chance?

The first link (review) states:

Overall, I think this book will be enjoyed by experienced traders and new investors alike.

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Give me a break ... no experienced trader would benefit from this. No experienced trader would sink a bunch of $$$ into a POS penny stock. Any competent trader doesn't touch penny stocks.

TimothySykes · Oct 1, 2007

Quote from DHOHHI:

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Give me a break ... no experienced trader would benefit from this. No experienced trader would sink a bunch of $$$ into a POS penny stock. Any competent trader doesn't touch penny stocks.

Yes, but I made my fortune in Penny Stocks. It's ironic that the position that has hurt me the most was a long (since I'm mainly a Penny Stock short seller). It's always easy to look back in hindsight, but this mistake could happen to any one of us, especially after you're on a roll for a while and ego gets the best of you.

Rearden Metal · Oct 2, 2007

Quote from TimothySykes:

*(since I'm mainly a Penny Stock short seller)*

Isn't finding penny stock shares to borrow a major obstacle to that strategy?
Whenever I see a small cap stock under $10 that looks like a good short, I'll put in a test order. 95%+ of the time my order is rejected; "Unable to borrow".

Do you have some kind of 'special hook-up' helping you find hard to borrow stock?

TimothySykes · Oct 2, 2007

Quote from Rearden Metal:

Isn't finding penny stock shares to borrow a major obstacle to that strategy?
Whenever I see a small cap stock under $10 that looks like a good short, I'll put in a test order. 95%+ of the time my order is rejected; "Unable to borrow".

Do you have some kind of 'special hook-up' helping you find hard to borrow stock?

You're 100% right and that's why my strategy really isn't very scalable. Uusually there's only a few thousands shares available to short, but the good news is that preborrows, or the ability to borrow shares in advance reuse them intraday, have become very useful. Finding the right broker is key, I like Thinkorswim, Goldamn, BAC, Merrill, with Thinkorswim obviously being best for smaller accounts.

PS Just got another great review in from a business columnist:

http://www.nhregister.com/site/news.cfm?newsid=18873702&BRD=1281&PAG=461&dept_id=7546&rfi=6

Cy_M · Oct 2, 2007

Quote from TimothySykes:

Why is it wrong for an author to want to get their message out? Did you even read this review---he compares my book to several classics.

There is nothing wrong with legitimately promoting your book but you seem to be missing the point here or pretending to, what everybody is pissed about here is your cheap spamming techniques which we find an insult to our intelligence and hence punish you by demoting your book. Get it?!