The long overdue thread on...Timothy Sykes!

[rbigsby]

Good Morning tony.m,

I believe Jack Kellogg is legit trader. I recall seeing his track record somewhere.

He's definitely Legit but i heard he took a break from trading last year. Plus at some point i think he was Mari's boyfriend not sure if they're still together but probably! here is another video she did with tim. from 3 years ago.

I have no clue how these Tim students are making money, be they doing it. Nice!!!!

they help each other. his millionaire students probably do webinars sometimes and make videos for the 7000+ video library. you can hear by the way mari talks she wants to help other traders. his other students are like that too.

 

[rbigsby]

Before you go gaga over Timothy Sykes, I urge you to watch Wall Street Warriors.

that's probably how i got interested in Tim Sykes by watching him on wall street warriors. he was living in a condo on a high floor and trading and his mother came by to visit him. that's about all i remember of it though except it had to do with him shorting penny stocks maybe. i didn't really think much of it. i never thought he would turn into this massive guru that he has.

It probably, still on You Tube. I think I watched it on Hulu maybe, 5 years ago. Anyway, to make a long story short, a fund manager interviewed Timothy Sykes and he ran a $10,000,000 hedge fund then. Of course, he did not know that he day traded those small penny stocks. The huge problem is that small penny stocks are not scaleable. He did not give Timothy Sykes the $10,000,000. Instead, after that, I read that he lost most of the monies in his hedge fund (most of it his friend's monies) although, he had some monies in it and ended up closing the hedge fund. I actually, bought a couple of his DVDs cheap on Ebay to see his methodology. This guy does not use stop losses. Not here to debate anyone on the merits of having a stop loss. Probably, the same reason he suffered huge losses on that one stock in his hedge fund. He kept holding and holding onto the losing stock. A stop loss would have saved most of his friend's monies.

that's one of the confusing things about tim is, i really don't know his strategy. but his #1 rule is to cut losses quick. so whether he uses a stop loss or not, he definitely cuts losses quick nowadays. and his students are advised to do the same thing!

 

[smallfil]

that's probably how i got interested in Tim Sykes by watching him on wall street warriors. he was living in a condo on a high floor and trading and his mother came by to visit him. that's about all i remember of it though except it had to do with him shorting penny stocks maybe. i didn't really think much of it. i never thought he would turn into this massive guru that he has.



that's one of the confusing things about tim is, i really don't know his strategy. but his #1 rule is to cut losses quick. so whether he uses a stop loss or not, he definitely cuts losses quick nowadays. and his students are advised to do the same thing!

Timothy Sykes did not cut his losses which is why he suffered huge losses on his hedge fund and most of the monies was from one of his friends. His fund at the time had $10,000,000 in it. He kept holding onto his losing position thinking it would come back. What he says in his DVDs mean nothing if he is not following his own advice. If he placed a stop loss on his position on that stock, maybe, he still had his hedge fund now. Instead, he lost the bulk of his friend's monies.

 

[d08]

Where do I sign up for the course?

Half of their weight is just make-up.

 

[d08]

that's one of the confusing things about tim is, i really don't know his strategy. but his #1 rule is to cut losses quick. so whether he uses a stop loss or not, he definitely cuts losses quick nowadays. and his students are advised to do the same thing!

Stop loss without specifics is just useless. 90% of stop loss levels result in lower performance. There's a reason stop hunting is very profitable.

 

[murray t turtle]

He's definitely Legit but i heard he took a break from trading last year. Plus at some point i think he was Mari's boyfriend not sure if they're still together but probably! here is another video she did with tim. from 3 years ago.

they help each other. his millionaire students probably do webinars sometimes and make videos for the 7000+ video library. you can hear by the way Mari talks she wants to help other traders. his other students are like that too.

%%
RE-reading his American Hege Fund, helpful read;
its got his private audited track record , which is unusually good .IF i remember rightly + usually do, 1999-2002 are unusually good returns + markets.
Attractive woman, good thing for me I listened to her , helpful on ''14 hours a day''
His hedge fund , much more complex ;
the next 3 years or so, markets did not trend as well up or down + S&P500 won some years.
Plus working with a group of clients --people=much more pressure + complex also.
Single stocks have the bigger risk + reward.
Peter Lynch did super well / single stocks also, his wife liked the L'eggs Energy Hosiery LOL
Makes mores sense to take bigger risks-single stocks for some @ college age.

 

[vanzandt]

YT videos every 5 minutes show 2 to 3 ads,
even so silly to to show the same sh*t over and over . maybe to dumb you down...
Such greedy YT authors have no ethics nor morale left, man!
I watch a YT vid only if absolute necessary.
I live by this maxime: if a company nerves me with its ads then I certainly will boycott that shitco...

Quanto...
I thought you were some smart computer guy. Try using the 'uBlock Origin' browser add-on. I never get commercials. In settings, just keep the filter list updated. Or set it to update automatically.

 

[TrailerParkTed]

How much are you making off each referral?

 

[ironchef]

Those videos on social media especially YouTube are completely fake and mocked up to make you believe they are successful traders, most are not, they are there to sell you a monthly subscription to their make believe gains....thats how they make money.

If they were successful as they say they are they wouldn't be all over social media touting their so called trading secrets!!

Same with ET.

 

[ironchef]

Good Morning tony.m,

I believe Jack Kellogg is legit trader. I recall seeing his track record somewhere.

I have no clue how these Tim students are making money, be they doing it. Nice!!!!

And you sir are the one who kept telling us not to watch any online or buy any books or believe anyone but our own selves?