At least those funds are trying to make a return on billions. Timmy's fund was always very small to begin with. I know many daytraders who have more BP than Timmy's fund has investor/personal funds. So Timmy's inability to return money - he actually lost money because he underperformed risk free T-bills or inflation - is just horrendous. He just sucks ass as a trader and can't recognize setups where buyers and sellers show high probabilities. Since he can't do that he wants to write books about all that he learned from failing to recognize buyers and sellers. No trader will buy his book, and many suckers will. I doubt he'll make it in the guru business, however.
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Hedge Fund Book
- Thread starter TimothySykes
- Start date
At least those funds are trying to make a return on billions. Timmy's fund was always very small to begin with. I know many daytraders who have more BP than Timmy's fund has investor/personal funds. So Timmy's inability to return money - he actually lost money because he underperformed risk free T-bills or inflation - is just horrendous. He just sucks ass as a trader and can't recognize setups where buyers and sellers show high probabilities. Since he can't do that he wants to write books about all that he learned from failing to recognize buyers and sellers. No trader will buy his book, and many suckers will. I doubt he'll make it in the guru business, however.
Quote from FXTraderWill:
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Timmy, you love these people rubbing that clitoris of an ego of yours - a '26 year old expert in finance," lmao, trading stock badly with huge risk and low returns is not finance douche! Obviously your book doesn't make that distinction very well.
Stop being so ignorant--I'm not claiming to be any kind of expert, just a trader willing to share his trading and experiences honestly.
If you can make money without learning from the experiences of others, more power to you. But, please forgive me if I don't believe anything you say because you hide behind an alias. Whatever you think of me, you can't say that I hide behind anything because I believe that it's through honesty that people will learn the most about the stock market and trading. We need to stop being so petty and learn from each other!
The fact that you think it's necessary to manage billions of dollars to be worthy of teaching important lessons just shows your closed-mindedness. Open your mind to the possibility that the 150+ people who received advanced copies of my book and said it's both entertaining and educational just may be right.
Please refrain trashtalking about my trading until you know the details. Also, actually read through some of these posts before you claim I'm doing this for my ego. As you'll discover, I rip myself apart in this book--honesty first buddy
Quote from TimothySykes:
Stop being so ignorant--I'm not claiming to be any kind of expert, just a trader willing to share his trading and experiences honestly.
I know you're willing to share your trading experiences, because they weren't good enough lessons to allow you to learn from them and make money consistently afterwards and so sharing them is the only way you can make your losses of money worth it. You're not "just" as trader willing to share his experiences honestly - you're also a shitty trader, an asshole, and a snake oil salesman. If you deny any of those, you're a liar. So that's at least 5 things - 4 of which you neglect to mention in your promotional material.
If you weren't an asshole, you would have realized that you made all that money as a kid in a bubble and then invested it in a low risk portfolio over all those years you were trying out outsmart the market by being a short seller. You could have invested the money in t-bills and used a small portion to learn how to trade in a grinding environment. But you didn't. You're a phony. Why do you still come here? You're not promoting anymore, you're making yourself look really, really stupid and arrogant. You are obviously really stupid because you can't see how your business model is flawed - it's based around selling the story of another failed trader who can't make it but has learned enough lessons to be able to sell his story.
Have you read the book "Hedgehogging" by Barron Biggs? That guy's story is a lot more interesting than yours. Send me an advanced text and I'll give you an unbiased review of your book - otherwise, don't tell me I can't make judgements about it - I can. I can see by how and what you write on these forums how weak your character is why nothing you could write about in a book can be worth reading, never mind paying for.
Quote from FXTraderWill:
Haha kid you're such an arrogant prick it's funny. Anyone with any intellect who has taken the time to go through this thread has seen how you have been repeatedly bitched out so many times by people so much smarter than you who can see through all your bullshit, for such an extended period of time, and how you have shown us again and again that you are a weak character - how, as a result, no one bothers to seriously respond to you anymore except for people whom you can hustle (con?) with your bullshit, you snake oil salesman. Your rhetoric has become spam at this point; real hedgefund managers don't spam, but money losing (yes, your returns are below that of a risk free T-bill, thus a money losing investment, no matter how much you like to compare yourself to other funds "in your category"). The fact that you're posting on ET during market hours means you're not seriously pursuing trading. I don't know about your trading style, but if you can't make consistent money month after month on a small capital basis. On 500,000 of BP even a decently experienced daytrader (anyone who has, say, lasted as lon gas you have) should be able to get a return of .5%/day. So even on 1.5 million, if you make $2500 daily for 240 days you still make $600,00, which would be a good return). So your performance sucks period. I can do better than you and I haven't even been trading a year, so it's especially easy for me to see through your bullshit. You could have made 30%/year during the last 4 years chasing market shorts with a legal product to circumvent the uptick rule. But you didn't have that much skill. You couldn't even beat risk-free investments! You keep trying to relive your glory days - it's your NET return that matters, and if you have 6 mediocre/lame years and one year where your stupidity cannot be stopped and have shown us that you can bleed slowly an amount of money that a lot of people (who are actual, good traders) can easily double.
Your act is so lame and gay because you hide behind "YOU CAN'T JUDGE ME, READ MY BOOK!" and "I CAN'T TALK ABOUT MY FUND'S PERFORMANCE PUBLICLY, I'M A SERIOUS HARDCORE FUND MANAGER," and I think I speak for most of ET when I say that kid you're really starting to become an annoying little douchebag. Please back off with the spamming and stop showing us all how lame you are. You think you're a special little snowflake. You're just an arrogant punk who has nothing special to offer trying to peddle bullshit as a desperate attempt to save ego. I'm calling you out on not being worth shit and not having anything to write about. The fact that you're starting your own publishing company is absurd, too - you won't have anything else to publish after this book! Kid no one will want to read what you have to say.
Good day.
Quote from FXTraderWill:
Wait, wait, let me respond with Timmy's rhetoric before he gets a chance.
"I'm not writing this book for the average poster on elite trader. The #7 reviewer is just one example of people who know little about trading yet felt I helped them understand what a hedgefund manager does by reliving my experiences and sharing both the ups and downs."
---
Timmy, you love these people rubbing that clitoris of an ego of yours - a '26 year old expert in finance," lmao, trading stock badly with huge risk and low returns is not finance douche! Obviously your book doesn't make that distinction very well.
Does anyone remember that game "NBA Jam" from way back in the day....
He's on fiiiiiiiirrrreeee!
hell yeah good one Will.
Quote from Trendytrader:
Actually not bad considering....when you compare to negative returns on the funds operated by Bear Stearns, Goldman Sachs, and the late Sowood.
shut up cocksucker-
the point is that if you are receiving less ROI from trading THAN YOU COULD GET FROM A GODDAMN TREASURY BILL OR A FUCKING MONEY MARKET, OR JESUS CHRIST- EVEN A FUCKING CHECKING ACCOUNT- why the fuck would you have your money in those funds regardless of who is running them????
seriously!!???
comparing yourself to other fucking losers doesn't make you any less of a fucking loser.
Quote from FXTraderWill:
I know you're willing to share your trading experiences, because they weren't good enough lessons to allow you to learn from them and make money consistently afterwards and so sharing them is the only way you can make your losses of money worth it. You're not "just" as trader willing to share his experiences honestly - you're also a shitty trader, an asshole, and a snake oil salesman. If you deny any of those, you're a liar. So that's at least 5 things - 4 of which you neglect to mention in your promotional material.
If you weren't an asshole, you would have realized that you made all that money as a kid in a bubble and then invested it in a low risk portfolio over all those years you were trying out outsmart the market by being a short seller. You could have invested the money in t-bills and used a small portion to learn how to trade in a grinding environment. But you didn't. You're a phony. Why do you still come here? You're not promoting anymore, you're making yourself look really, really stupid and arrogant. You are obviously really stupid because you can't see how your business model is flawed - it's based around selling the story of another failed trader who can't make it but has learned enough lessons to be able to sell his story.
Have you read the book "Hedgehogging" by Barron Biggs? That guy's story is a lot more interesting than yours. Send me an advanced text and I'll give you an unbiased review of your book - otherwise, don't tell me I can't make judgements about it - I can. I can see by how and what you write on these forums how weak your character is why nothing you could write about in a book can be worth reading, never mind paying for.
ouch! damn where is EPrado!??
oh the humanity!
Quote from TimothySykes:
Stop being so ignorant--I'm not claiming to be any kind of expert, just a trader willing to share his trading and experiences honestly.
If you can make money without learning from the experiences of others, more power to you. But, please forgive me if I don't believe anything you say because you hide behind an alias. Whatever you think of me, you can't say that I hide behind anything because I believe that it's through honesty that people will learn the most about the stock market and trading. We need to stop being so petty and learn from each other!
The fact that you think it's necessary to manage billions of dollars to be worthy of teaching important lessons just shows your closed-mindedness. Open your mind to the possibility that the 150+ people who received advanced copies of my book and said it's both entertaining and educational just may be right.
Please refrain trashtalking about my trading until you know the details. Also, actually read through some of these posts before you claim I'm doing this for my ego. As you'll discover, I rip myself apart in this book--honesty first buddy
don't start trying to switch over to Mr Good Samaritan righteous trader man. The posts don't lie (well, besides yours), anyone with a few hours can read through them and see all the bullshit you've posted here.
Quote from FXTraderWill:
Have you read the book "Hedgehogging" by Barron Biggs? That guy's story is a lot more interesting than yours. Send me an advanced text and I'll give you an unbiased review of your book - otherwise, don't tell me I can't make judgements about it - I can. I can see by how and what you write on these forums how weak your character is why nothing you could write about in a book can be worth reading, never mind paying for.
Actually I have learned the lessons in my book and am employing them right now. Stick around for a few years, you'll see the results; you're problem is that you're too short-sighted.
I have read Hedgehogging and thought it mildly entertaining, but its educational value is compromised by the author's inability to disclose all the details of his investments. I don't make that mistake. Not to mention that he was born rich and didn't start from scratch like I have.
You're free to make judgments about me, just don't expect to be taken seriously since you can't back them up with any details or facts. It's not your fault, you're just uninformed. Unfortunately, I'm all out of advance copies so you'll just have to wait until October 1, 2007 to make any credible statements.
PS If you consider somebody who, after many, many mistakes, is still up over 50x his initial investment a few years ago, you're seriously out of your mind.
Quote from EPrado:
This guy makes look like a fan of Timmay's........
lol yeah I forgot Timmay has me on ignore so I am having to live through Will and whoever will quote me until he takes me off ignore...
as good old Jack Nicholson said: You can't handle the truth!
lol
yeah it's fun to see the fireworks man.