Timmay - you should do this

Quote from TimothySykes:

I'm not dodging, you just don't know the details and I can't tell you....yet. You point is irrelevant because even if I were a "failure at trading," you could still learn from my experiences, my thought process, my successes, etc. Stop thinking so black and white and open your mind, seriously.

Yeah, I think the only thing you could teach anyone as far as what mistakes to learn from is don't flatter yourself. Accept the fact you made some good money in a bubble.

Don't market yourself as a major player in the trading arena just because you got lucky and rode a bubble.


dude, you're such a fag. for real. the posts showing where you have been busted contradicting yourself and then backpedaling are numerous, and plenty for any intelligent and rational being to deduce that you are full of shit.

The truth doesn't operate on technicalities. It either "is" or it "isn't" the truth.


You are boring. Where's Michell Scott, Tudor Jones and Seben?
 
Quote from optioncoach:

Bernie Schaeffer was a very well respected option guru and wrote a few books and has an advisory service. However this year I get 4 spam mails a week from him touting some service with 100% accuracy or some stupid claim. Many others get this spam from him and many have claimed the service is pretty random in results. His mailings which I have been getting unfortunately also sound like the worst cheesy spam mail.

If you talk to many people now they think pretty low of him. He has moved from guru status to just another salesman with stupid market claims to sell a newsletter and his book is not one many recommend anymore.

Plenty of newbies still probably sign up as they do not know any better. But those of us who know options have lost a lot of respect for him and his legacy or respect has faded pretty much. As newbies lose money with him he will also lose that business soon too.

Tim, you are going down this path. You made a million but you are pretty young and it will not last to long (especially if you intend to have a boyfriend or get married).

The book and these TV shows are the lowest form to squeeze the last bit of money out. Where will you be in 4 years? The fad will end and you will see the truth I wish to impart on you.

If you got lucky making the big money then recent performance should tell you it is time to really learn the market. If you dump the trading to simply ride the book and a TV show you will be out of options in about 3 to 4 years at most when this runs its course.

You are too young and you need to think of the now and how to add longevity to your career. Your performance cuts off future hope of adding new investors. The book will be hot for about 6 - 9 months after its release and then sputter out as that is the way it goes. Even Cramer's books have that peak and then land in the bargain bins.

So you suffer from the same sin of hubris all young people do when they get some lucky success (your words not mine), they think the train will last forever. When the book dies down and you say the same things day in and day out the networks will simply cancel the show and move on leaving you behind.

Your image is more important now more than ever as your trading is all but gone. I am being very honest with you as some who has written a book. You get a pop and it dies down cause someone else is writing a book too.

Claiming that being arrogant and cocky is good TV leads me to ask you one question. Where are all those people from the Real World episodes? Why do you think so many come back for The Gauntlet fighting over money, cause the gravy train stopped.

Print out this post and read it again in 3 years and you will see I gave you honest advice without flaming you. Fame cares nothing for you and neither does entertainment people, they want ratings and money and as soon as your hypoe dies down and people see the recent trading returns they will turn away.

Either look to lengthen your career or milk it now as the cow will die in 3 years. Not being harsh but it is the truth.

Those are words of wisdom Tim.
 
Quote from optioncoach:

Bernie Schaeffer was a very well respected option guru and wrote a few books and has an advisory service. However this year I get 4 spam mails a week from him touting some service with 100% accuracy or some stupid claim. Many others get this spam from him and many have claimed the service is pretty random in results. His mailings which I have been getting unfortunately also sound like the worst cheesy spam mail.

If you talk to many people now they think pretty low of him. He has moved from guru status to just another salesman with stupid market claims to sell a newsletter and his book is not one many recommend

Either look to lengthen your career or milk it now as the cow will die in 3 years. Not being harsh but it is the truth.



no disrespect, OC. But who are you??? How many copies of that book sold--my guess is way less than 2000. seriously, man, you should be taking lessons from TS--- he is way more famous at a much younger age--this guy is going places, like him or not. this deserves respect, not veiled flaming.

regards,

surf
 
Quote from optioncoach:



Your image is more important now more than ever as your trading is all but gone. I am being very honest with you as some who has written a book. You get a pop and it dies down cause someone else is writing a book too.

Claiming that being arrogant and cocky is good TV leads me to ask you one question. Where are all those people from the Real World episodes? Why do you think so many come back for The Gauntlet fighting over money, cause the gravy train stopped.

Print out this post and read it again in 3 years and you will see I gave you honest advice without flaming you. Fame cares nothing for you and neither does entertainment people, they want ratings and money and as soon as your hypoe dies down and people see the recent trading returns they will turn away.

Either look to lengthen your career or milk it now as the cow will die in 3 years. Not being harsh but it is the truth.

Excellent summation, and while somewhat misguided, it's the first quality post in quite a while. I've researched this new industry I'm moving into in depth and believe I will differ in the following way:

1. I do not intend to make my living off giving individual picks--I've made my money from playing patterns! Right now, I'll conform for exposure sake, but i plan on introducing an entirely new breed of financial journalism, one that is much mainstream-friendly/honest/realistic.

2. The people in other reality shows were all normal people who had normal professions, trading is different in that they've been led to believe it's risky/dangerous/not to be touched. I'm young enough, have enough of a big mouth and have a unique enough story to be bridge the gap between the realities of trading versus what people have been led to believe.

3. I trade penny stocks and as misunderstood as trading is, penny stocks are even worse. Probly because most people are incredibly corrupt/manipulative. Again, I am to make the general public aware of all the risks and rewards, as my story exemplifies.

4. My book has been compared to the classics like Reminiscences of a Stock Operator and How I Made $2 million in the Stock Market dozens of times now and if, by chance, these comparisons turn out to be true, my decision to self-publish will support me for the rest of my life. Obviously, the chances are slim, but its still a possibility.

5. I've already started writing my second book "An American Self-Publisher"--I've had some crazy, crazy experiences are already, namely chatting up Steve Forbes for an hour before we went on FOX (crazy, crazy discussion)

So print this post and let's see how I do!
 
Quote from marketsurfer:

no disrespect, OC. But who are you??? How many copies of that book sold?? seriously, man, you should be taking lessons from TS--- he is way more famous at a much younger age. this deserves respect, not veiled flaming.

regards,

surf

To my knowledge OC doesn't get out there trying to pimp himself out like he's the NEXT BIG THING. Hell, you can't even hardly get him to recommend his own book...that is being humble, and that is respectable as hell....maybe OC actually trades, and maybe he actually makes money- so he may or may not give a fuck about being famous and on CNBC.

Just a possibility, smurf.
 
Quote from Darkside:

Yeah, I think the only thing you could teach anyone as far as what mistakes to learn from is don't flatter yourself. Accept the fact you made some good money in a bubble.

Don't market yourself as a major player in the trading arena just because you got lucky and rode a bubble.


So, according to your wisdom, the bubble was still in effect in from 2001-2005? Hmmm, that's a new one on me, but you are much smarter than me so maybe you're right.

Not trying to say I'm a major player, just a tiny player. You have some issues dude. Go back to detention!
 
Quote from TimothySykes:

5. I've already started writing my second book "An American Self-Publisher"--I've had some crazy, crazy experiences are already, namely chatting up Steve Forbes for an hour before we went on FOX (crazy, crazy discussion)

So print this post and let's see how I do!


you have to be shitting me.
 
Quote from Darkside:

To my knowledge OC doesn't get out there trying to pimp himself out like he's the NEXT BIG THING. Hell, you can't even hardly get him to recommend his own book...that is being humble, and that is respectable as hell....maybe OC actually trades, and maybe he actually makes money- so he may or may not give a fuck about being famous and on CNBC.

Just a possibility, smurf.


ok, if thats his thing, cool. but then he shouldn't be giving TS advice as he is on a FAR different life path-- and really can't relate to TS's goals/aspirations.

best,
surf
 
Quote from TimothySykes:

So, according to your wisdom, the bubble was still in effect in from 2001-2005? Hmmm, that's a new one on me, but you are much smarter than me so maybe you're right.

Not trying to say I'm a major player, just a tiny player. You have some issues dude. Go back to detention!

I don't know for sure because I am not going back to search for it...but I am pretty sure that over the past four years your compound return was like 1.5%....

so 4 years ago would have been 2003....where do you get 2005?

I may be wrong as I didn't reference the post...but if you want to really start up about it, I can go back and look..there is plenty of stuff to call you out on.
 
Quote from marketsurfer:

.... seriously, man, you should be taking lessons from TS--- he is way more famous at a much younger age..... this deserves respect, not veiled flaming.....

regards,

surf
....he he he.....
deserves respect for being "More Famous"? "More Famous" for what??
 
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