Tim Sykes and Penny Stocks

[zenostiffler]

Sykes and his colleagues baffle me. I spent many weeks on Quantconnect backtesting his strategies (to the extent he explains them) and they all resulted in 45 degree downhill equity curves. Google "
Tim Sykes and Penny Stocks" and you will see my code.

If anyone wants to adapt my code and prove me wrong I would be grateful.

Sykes sounds so convincing but on an algorithmic basis it seems rather difficult to make his methods work.

 

[El OchoCinco]

Sykes and his colleagues baffle me. I spent many weeks on Quantconnect backtesting his strategies (to the extent he explains them) and they all resulted in 45 degree downhill equity curves. Google "
Tim Sykes and Penny Stocks" and you will see my code.

If anyone wants to adapt my code and prove me wrong I would be grateful.

Sykes sounds so convincing but on an algorithmic basis it seems rather difficult to make his methods work.

Sykes wrote his book and sold his training well after he mined out all the pricing inefficiencies and ability to grab these stocks before they got noticed and went up.


Think about it, why would he move from trading to teaching if he did not think the gravy train was priced out already.

 

[S2007S]

Sykes and his colleagues baffle me. I spent many weeks on Quantconnect backtesting his strategies (to the extent he explains them) and they all resulted in 45 degree downhill equity curves. Google "
Tim Sykes and Penny Stocks" and you will see my code.

If anyone wants to adapt my code and prove me wrong I would be grateful.

Sykes sounds so convincing but on an algorithmic basis it seems rather difficult to make his methods work.

Have you seen the ads on youtube that pop up every single time you see a video or two. The algorithms on youtube send me nothing but trading advice from millenials and quick penny stock riches. Its nothing but a joke, but even in 2020 people still throw their money into it thinking they are going to get rich quick.

A guy i know does this and he claims he makes many many many hundreds of thousands yet not once have I seen any proof. Not only that but he touts off the penny stocks to others.

 

[S2007S]

Reminds me of all those flipping houses and real estate rich schemes hahaha. Fuxking dumb fools for it all the time thinking they can just jump in and make money investing in real estate saying how easy it is. If its so easy than why isn't everyone their own landlord.

 

[Pekelo]

1. Use your old fame to get subscribers for thinly traded penny stocks.
2. Buy into one and AFTER that publish your call.
3. When the lemmings push the price up...
4. Profit.

 

[guru]

Sykes and his colleagues baffle me. I spent many weeks on Quantconnect backtesting his strategies (to the extent he explains them) and they all resulted in 45 degree downhill equity curves. Google "
Tim Sykes and Penny Stocks" and you will see my code.

If anyone wants to adapt my code and prove me wrong I would be grateful.

Sykes sounds so convincing but on an algorithmic basis it seems rather difficult to make his methods work.

Haven’t looked at yours yet, but I’ve tested over 50 million penny stock strategies, every variant imaginable.
Tim Sykes switches his trading styles from shorting (that’s where he made most money initially) to going long, like in the current environment. Though still shorting opportunistically.
Are you mostly shorting or going long, or both, or switching between them?

 

[Tradex]

Sykes sounds so convincing

That much is true, the guy really sounds convincing.

If I remember correctly he made his money shorting penny stocks that went up on fake news.

Here we can see him throwing away a $30K watch.
Yeah right, probably some $9.99 fake "luxury" watch he bought on Craigslist

 

[ElCubano]

Sykes and his colleagues baffle me. I spent many weeks on Quantconnect backtesting his strategies (to the extent he explains them) and they all resulted in 45 degree downhill equity curves. Google "
Tim Sykes and Penny Stocks" and you will see my code.

If anyone wants to adapt my code and prove me wrong I would be grateful.

Sykes sounds so convincing but on an algorithmic basis it seems rather difficult to make his methods work.

Did you take into account him being paid in stock on the backend? Read the fine print.

 

[guru]

If anyone wants to adapt my code and prove me wrong I would be grateful.

I'm not going to adapt your code because anything done with QuantConnect is crap, but if you want to be proven wrong, here are my live stats of a penny stock strategy, with all trades streamed live (free):
https://deustrader.com/plutus_shortus.html

This is a sample older demo strategy that's been running since the start of the year. Internally I trade different variants that I can modify and debug on the spot. Though for now I'm more busy with a new system for trading options.

 

[Gaslight Capital]

I'm not going to adapt your code because anything done with QuantConnect is crap, but if you want to be proven wrong, here are my live stats of a penny stock strategy, with all trades streamed live (free):

That is what I'd have expected rather than the equity crash described in the original post.