Three more positive reviews:
http://alphatrends.blogspot.com/2007/09/american-hedge-fund.html
http://www.uglychart.com/2007/09/18/timothy-sykes-new-book/
13 of 14 people found the following review helpful:
More Livermore, September 18, 2007
By Craig L. Howe "www.craighowe.com - Home of th... (Darien, CT United States) - See all my reviews
(TOP 500 REVIEWER) (REAL NAME)
Stick with this book till the end.
I found it to be the most realistic portrayal of the risks, rewards, joys, frustrations, exhilarations and the depths of a securities trader's life since Reminiscences of a Stock Operator (Wiley Investment Classics)
This is not the tale of a 90-day wonder who made a fortune trading internet stocks and walked away without learning the difference between being good and being luck. Timothy Sykes, as a cocky college student, rolled his $12, 415 of Bar Mitzvah money into an audited $1.65 million. He did not make many classes, but he acquired a life-time of knowledge for his time spent on campus.
I found it to be more than a tale of a wild rocket ride. Novice traders do not become experienced speculators until they have given some or most of it back. Sykes is an experienced speculator. Although you would never guess it from the first half of An American Hedge Fund, the last hundred pages or so take on an air of reality.
In securities markets nothing is ever simple. This story realistically illustrates the agonies and the ecstasies of market trading, risk taking, ambition and greed. In short, it is a realistic picture of life on Wall Street.