Timothy Sykes Unveils New Type of Fund

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Quote from palenimbus:

10 years?! Why don't you start with 120,000 and turn it into 20,000,000. I mean, ten years is a long time you should actually try to make some decent coin out of it. (Assuming you have 120k)

I actually have about 600k to play with if I so desired, but that's not the point here. I'm gonna try to teach the general public about microcap and smallcap trading--people with account sizes between $1k and $25k will benefit the most. Thats why me going back to my roots not only makes for good press, but also speaks directly to the people I'll help most so they can see actual position sizes and act accordingly.
 
I call em as I see em. If you turn 12k into 1.8 mil in this market I will be the first to tell you what a great job ya did. I just dont see how ya can....things are a lot different now...as you know.
 
Quote from EPrado:

I call em as I see em. If you turn 12k into 1.8 mil in this market I will be the first to tell you what a great job ya did. I just dont see how ya can....things are a lot different now...as you know.

The chances of tim honestly turning $12K into even $100K are microscopic. If timmay's looking to turn $12K into $1.65M , the chances are 99.9% that he turns the $12K into ZERO.

Timmay, time for you to get a real job. If you call this news, you're certifiable.
 
So how is this going to work?

You buy some micro cap, tell your disciples about it after you've built a position, and then sell into their buying?

Hmmmm, this sounds familiar.
 
Quote from ang_99:

So how is this going to work?

You buy some micro cap, tell your disciples about it after you've built a position, and then sell into their buying?

Hmmmm, this sounds familiar.

Nope, I'll only be posting my trading results after the close, usually after I've exited a position. Sometimes I'll hold overnight, but I'll be trading pretty liquid names so I doubt my activity will influence the price in any way. This isn't about BS stock picking, this is about learning about microcaps/smallcaps, me proving to the world that I can still trade, and most importantly showing everyone that they can do this too, probly better than me!
 
Quote from TimothySykes:

Nope, I'll only be posting my trading results after the close, usually after I've exited a position.

In the spirit of "brutal honesty", how will all of these trades be independently verified?
 
Quote from quantsteve:

In the spirit of "brutal honesty", how will all of these trades be independently verified?

I'm gonna post PDF of daily statements/transactions, etc.--you'll see all my transactions down to the penny. How does that sound?
 
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