BullShip Press Presents: 'PennyStocking': Six-Hour Instructional Trading DVD: $297

Quote from TimothySykes:

Ha, my fund was up 70% from 2003-2005 and 40% if take our Cygnus. You're just not hearing me:

My track record shows I've been successful, which elevates me above just about everyone on this board. BUT more importantly, I'm not that good a trader, I've changed professions to help others use everything good that I know and teach them to avoid the bad. I'd much rather be remembered as a great teacher than a great trader, much more fulfilling, and fore me, much more realistic.
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Most have once in their trading career a lucky strike.
The key is to do it consistently year after year regardless of market conditions.
We all know about Larry Williams amazing performance of 1987,never I saw performance numbers after that.
You also plan to live off your 1 time performance by selling "stuff" ?
 
Quote from TimothySykes:

Everything you say is based on assumptions, read my book and it'll explain why I've chosen this path. This is not some BS get rich DVD, its the first honest DVD for Penny Stocks, which don't have a good reputation. My CYGT trade is my excuse because I like what money I have left so I can't go risking it like I once did. :p I can't raise $ because all my friends and family were right there with on CYGT so they don't look likely to give me any more $ anytime soon.:p


:p I could trade smaller, but whats the point in that--there's so much $ to be made with these patterns, people need to be given a chance to learn about them and use them.:p Most people that penny stocks do fail because they don't posses the knowledge/experience to avoid the pitfalls. This is what my DVD teaches.:p
 
Tim, my grandma bought JRJC at the open today after hearing that you were recommending it. Its now down 7%, what should she do?
 
Quote from DHOHHI:

So can all of us take out big losers and pretend they didn't happen?

I've traded full time for 12 years --- if you make a losing trade it's part of your P/L you can't say "if you exclude CYGT". Further, to suggest you're above just about everyone on this board is very faulty thinking. You can talk about CYGT and restricted stock and all that BS but it was you who made such a poor investment. And that is part of your cumulative P/L.

I asked earlier about getting additional capital from family and/or friends. You stated many were already invested with you. It would seem to me that if your stock picking abilities are as great as you suggest that they'd be wanting to give you even MORE money to make up for the CYGT losses. Your reasoning is lacking from a logic perspective. If you know how to pick winners, and can back it up with results over time, then people will want to give you money.
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Tim Sykes needs to help Vic Niederhoffer with his blow up, maybe Tim can show how you ignore certain unfortunate trades!!
 
Quote from trendy:

Tim, my grandma bought JRJC at the open today after hearing that you were recommending it. Its now down 7%, what should she do?
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Aren't those snake oilers fun to fool around with, anytime you ask them to show in real-time how good their stuff works, they find some excuse, maybe I should write a book titled "Excuses of the snake oilers" LOL

Tim,

Why you don't start a penny stock advisory so you can frontrun in the classic "pump and dump" scheme ?
 
Quote from fxpip:

Tim,


Instead of posting talk, post your trades, less work and real credibility at the same time.
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I will once I get all setup with my individual accounts again--closing a hedge fund down takes a few days LOL

Quote from DHOHHI:

So can all of us take out big losers and pretend they didn't happen?

I've traded full time for 12 years --- if you make a losing trade it's part of your P/L you can't say "if you exclude CYGT". Further, to suggest you're above just about everyone on this board is very faulty thinking. You can talk about CYGT and restricted stock and all that BS but it was you who made such a poor investment. And that is part of your cumulative P/L.

If you know how to pick winners, and can back it up with results over time, then people will want to give you money.
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On the contrary, my losses have made me much wiser as any DVD from somebody who's not scarred could be a very harmful product. Now I've seen both sides of the coin. I bring up the CYGT trade just to show that my trading strategies are not to blame for the 1% annual returns---they still hold true. And as for picking winners, that's not the problem, my risk tolerance is shattered and I find it's more fulfilling to help teach others how to fish. It's not gonna be easy, but I think I'm up for it.
 
Quote from TimothySykes:

Everything you say is based on assumptions, read my book and it'll explain why I've chosen this path. This is not some BS get rich DVD, its the first honest DVD for Penny Stocks, which don't have a good reputation. My CYGT trade is my excuse because I like what money I have left so I can't go risking it like I once did. :p I can't raise $ because all my friends and family were right there with on CYGT so they don't look likely to give me any more $ anytime soon. :p


I could trade smaller, but whats the point in that--there's so much $ to be made with these patterns, people need to be given a chance to learn about them and use them. :p Most people that penny stocks do fail because they don't posses the knowledge/experience to avoid the pitfalls. :p This is what my DVD teaches.
 
Quote from Aok:

Tim,

What month/year did you buy/exit CYGT?
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He and his family still have tons of CYGT stock if you want to buy; say a dime a share. Not bad for a penny stock.....
 
Quote from Aok:

Tim,

What month/year did you buy/exit CYGT?
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Lots of entries and exits, I was in when the stock started trading in March 2005 and still have too many shares (mostly restricted and all disclosed at the end of my book)
 
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