CHATROOM

Latest Interview & Book Review

Watch these 7 free video lessons on how I became a millionaire

John Forman, author of an excellent trading book, The Essentials of Trading, interviewed me last night for nearly an hour, describing me as “..an engaging young man with a great story to tell – one that provides a great many lessons for those getting started in the markets.

Here’s the podcast.

And here’s my latest book review, by the CT Business Journal (that also got me the cover story!) in which the reporter says, “Sykes’ exuberance on the page is infectious…”. The article is entitled Confessions of a Fallen Hedge Fund Prince. Niiiiice.

Posted in Book Reviews, Podcasts, Press

  • Reaper

    Bah, no CHGY available at TOS or IB.

  • be-the-ball

    I am long ALTH from 7.88 yesterday, clean break on decent volume.

  • be-the-ball

    MNLU too thin, couldn’t get in on the break. not chasing it at 6.25

  • beinggreat

    Still holding 300 IDAE @2.35

  • jonescade

    3000 idea here

  • Brent Lear

    sure wished i would have held on to TDAE. Gotta quit exiting when Tim does…lol

  • Brent Lear

    TDAE = IDAE

  • TomT

    LOL.. same. left money on the table again..

  • PCola

    Hey Tim, how do you typically express % gain for shrot sales? I just covered my HYHY short (from $2.26) at $1.28. Would that be a 76% gain (2.26/1.28) – 1.0 or would it be .98/2.26 (43%)? Just curious if there’s a norm.

  • evan2024

    Still in IDAE @ 2.35 too. I’m keeping stop of about 10 cents on it. Gonna let it run till it gets stopped out.

  • http://www.test.timothysykes.com timothysykes

    aweosme u guys are still in IDAE, it seriously could just keep running

    pcola, good work, u made 43%

  • soldtoyou

    testing 123

  • be-the-ball

    nice work picking a thin stock that your idiot followers will hit market orders on giving you an instant gain while us limit order followers get left behind.

    MNLU

  • be-the-ball

    no position MNLU.. bummer

  • http://www.test.timothysykes.com timothysykes

    BTB, no follower of mine uses market orders, and u might wanna learn to read my morning watchlist more closely:

    “MNLU keeps going, clear and defined breakout at $6, watch it soooooo closely, probly my favorite breakout play as it could really pop 50 cents-$1/share within a few minutes/hours”

  • http://www.test.timothysykes.com timothysykes

    this thing was telegraphed all day, u shouldnt even need me to see it

  • be-the-ball

    BS Tim, and you and I know it. You just pulled a perfect pump and dump scalp on some of your less disciplined followers.

    Nothing wrong with that, except that you preach against it.

    I should have bought the $6 breakout, you are correct there. Just grumpy I couldn’t get in on the action with you.

  • http://www.test.timothysykes.com timothysykes

    BTB r u frggin kidding me? it was in my morning watchlist and i said this thing moves 50 cents-$1 on breakouts. thats exactly what just happened.

    either buy the morning or afternoon breakout, i missed the morning so i chose the afternoon…and i still think there’s a good chance this thing goes over $7 tomorrow, i am just always early on my exit (as u should realize by now)

  • be-the-ball

    fine, i won’t argue with you more.

  • http://www.test.timothysykes.com timothysykes

    nah u know me, i welcome debate, debate is good, just would be nice if u guys started antitipating these patterns on your own…heres my post about it:

    http://www.timalerts.com/2008/07/15/bought-1000-mnlu-at-637-sold-at-673-learn-to-anticipate-this-breakout-pattern/

  • Brent Lear

    new day tommorrow… Help me out Tim. fucked everything today. went long when i shouldn’t have, TMR, and didn’t take advantage of breakout on MNLU or ALTH for that matter.

  • be-the-ball

    Tim,

    Agreed, it’s all good, the sooner you get over $25K the better. Then we can really learn to enter and exit with you…. :-)