Hedge Fund Book

SiSePuede! · Jul 23, 2007

Quote from Rodney King:

What Mr Sykes can achieve by selling 5k-10k copies is mindshare (and the hundreds of posts on E'trader help him) sufficient that he'll be a credible pundit/talking-head on CNBC & the web.

Uh huh...anymore bullshit to spew?

EPrado · Jul 23, 2007

Quote from Longhorns:

I love Acampora....he's the greatest mush the market has ever seen!!

This is getting even funnier....Sykes is now being compared to Acampora. Do these people realize that Sykes is a daytrader who trades a retail account and nothing more ? He will not be asked by any networks to do commentary. His few appearances on TV were rather embarassing and brings nothing to the table. He'll sell some books in the fall and then most likely never be heard from again (outside of on here and on that lame tv show that is seen by very few people).

SiSePuede! · Jul 23, 2007

Quote from EPrado:

This is getting even funnier....Sykes is now being compared to Acampora. Do these people realize that Sykes is a daytrader who trades a retail account and nothing more ? He will not be asked by any networks to do commentary. His few appearances on TV were rather embarassing and brings nothing to the table. He'll sell some books in the fall and then most likely never be heard from again (outside of on here and on that lame tv show that is seen by very few people).

It doesn't get much funnier than guys cheering for him to sell a lousy 10k books so he can get some crap job being a talking head on CNBC touting about shit he doesn't know about...too funny.

Darkside · Jul 23, 2007

Quote from TimothySykes:

I love the latest post on Aaron Brown's Blog today:

http://www.amazon.com/gp/blog/post/PLNK3QS4B3FSHL28L

Somebody who writes and thinks exactly like Sise contacted him, seemingly angered by his positive review of my book. So, let me just address some concerns:

I love how this person says I'm representing myself as a master trader when I've repeatedly stated that I don't think I'm a great trader, only a good trader. The book's strongest points are to teach through my mistakes (what a crazy concept!)

I am bringing honesty to the table because I lay out EVERYTHING in the book. I'd post all my audits online, but thanks to industry regs, that's not possible.

When you have 3 solid up years and 1 solid down year, of course your 4 year compunded returns aren't going to be incredible. You take risks, sometimes you win, sometimes you lose---they key is staying in the game and being able to take advantage of opportunities as they arise.

And, again, the title is not "The American Hedge Fund", it's "An American Hedge Fund"--I don't claim to be anything more than just one example of a hedge fund. Definitely not the biggest, nor the best, but I will be the most open.

zero credibility.....

oh by the way, wanna post account statements between my checking account and your hedge fund to see who's getting better ROI?

Let's check them returns baby! It's gonna be neck and neck.

Darkside · Jul 23, 2007

Quote from SiSePuede!:

It doesn't get much funnier than guys cheering for him to sell a lousy 10k books so he can get some crap job being a talking head on CNBC touting about shit he doesn't know about...too funny.

heh heh that is good for a nice chuckle now and then when I think about it.

Rodney King · Jul 23, 2007

Quote from EPrado:

This is getting even funnier....Sykes is now being compared to Acampora.

Maybe a more felicitous comparison would be to, say, James Altucher or Jonathan Hoenig, presentable, well-spoken young gentlemen who are good on TV, and have written a book or two to give themselves some mindshare.

SiSePuede! · Jul 23, 2007

Quote from Rodney King:

Maybe a more felicitous comparison would be to, say, James Altucher or Jonathan Hoenig, presentable, well-spoken young gentlemen who are good on TV, and have written a book or two to give themselves some mindshare.

Who are those two dopes? Tim is only known because of his bullshit about making money that he has barely hung on to. If he gets on to tv and makes $100k a year I could give a shit because that's a joke salary in NY or anywhere really and for someone who's claim to fame is making a couple of million that is hardly a step up.

If you think that's good and that 10k in book sales would be great you have very low standards of excellence which kinds of shows since you're promoting a guy who barely has a compound profit over the last 4 years.

Rodney King · Jul 23, 2007

Quote from SiSePuede!:

ou're promoting a guy who barely has a compound profit

I'm not "promoting" Mr Sykes -- I've never met him, and it doesn't matter to me whether he succeeds or fails in his endeavors.

What I am trying to do is.. offer thoughtful posts free of four-letter words (which appears to be a challenge for some of the "elite" traders).

EPrado · Jul 23, 2007

Quote from SiSePuede!:

It doesn't get much funnier than guys cheering for him to sell a lousy 10k books so he can get some crap job being a talking head on CNBC touting about shit he doesn't know about...too funny.

I just dont see why a channel would bring Sykes on tv on a regular basis. Outside of to promote his book. It certainly wouldnt be for his performance. He really has nothing to offer to the active traders/investors that watch these channels. All he has is a story about making money yrs ago.....not being able to raise capital for his 'hedge fund".....whining about not being able to get his hedge fund going...and his current poor trading performance.

Like I have said..his story isn't really interesting.

SiSePuede! · Jul 23, 2007

Quote from Rodney King:

I'm not "promoting" Mr Sykes -- I've never met him, and it doesn't matter to me whether he succeeds or fails in his endeavors.

You're definitely promoting him. 5-10k books would be pitiful sales-wise and how do you know what doors it would open for him? You're spinning things positively for one reason or another, at least stop lying about promoting him.

Quote from EPrado:

I just dont see why a channel would bring Sykes on tv on a regular basis. Outside of to promote his book. It certainly wouldnt be for his performance. He really has nothing to offer to the active traders/investors that watch these channels. All he has is a story about making money yrs ago.....not being able to raise capital for his 'hedge fund".....whining about not being able to get his hedge fund going...and his current poor trading performance.

Like I have said..his story isn't really interesting.

Totally agree. I think it would be funny if he got on a tv show, I'd cheer for him. It would be a step down from being on a tv show for trying to start up a fund after you got lucky in the the bubble for sure.