CHATROOM

TIM And test.timothysykes.com Traffic Surge 15% In February And Why I’m Living The Good Life

March 3, 2008 at 4:44 pm
by timothysykes

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

To be exact, TIM finished the month up $2,098, or 15.09%, to $16,006. A new record high. Wooo hooo! I’m finally getting the hang of trading like a poor person again. Feels good to be the underdog. Makes me work harder. More importantly, website traffic also surged 15% on the month—every day now there are more than 3,000 people trying to determine if I have any reason to be this cocky or if I’m just full of it. Despite these gains and my now nearly 30% return since November, the jury’s still out. Sure, people are learning, my readers are profiting, transparency is waaaaaay up, but the data sample is still too small to truly draw any conclusions. No doubt website traffic was also helped considerably by this funky fresh new site design, which debuted on February 4th and was designed by the man himself, Pallian.

tim_rules.jpg

And just wait ‘til you guys see what we have in store—there’s now 19, yes, literally 19, projects under development for this site, namely TIMtv and TIMradio, so stay tuned…things are gonna get a little locooooooo…

As I mentioned in this post, a 15% monthly return is niiiice, especially when all the major averages are down 3, 4 and 5% (Dow, S&P 500 and Nasdaq, respectively) and other people, who continue to look down on my strategy without bothering to learn the details, are losing their shirts, but when my account is this small, I can never let up. Not even for an instant. Never underestimate where hard work and determination will take you. If you love what you do, it’s not work, it’s life. The good life. I’m living the good life.

In case you missed a post or five, here are the 5 most popular posts for February:

1. Why I’m Weird And I’m Better At Short Selling

2. Why I’m Soooooooooooo Stupidddddddd

3. Two PennyStocking Plays Setting Up Perfectly (called both perfectly days before their patterns played out, profited nicely on both)

4. 36 Hours In The Life Of A Trading Addict (and publicity expert)

5. Why You Can Do So Much Better Than Me

Posted in Monthly Review, Popular Posts

Tags: ,

  • timsykes

    c’mon guys make me proud, who else bought COIN on the breakout around $14.50?

  • Tony Ellis

    lol…I bought at 13.55 on a 10/60 cross. Then sold at 14.05 after it failed to breakout. Then bought again at 14 on another 10/60 cross. Holding overnight

  • timsykes

    whats a 10/60 cross?

  • sonid

    what you think tim, Coin a break out play or has to prove it to you a little more

  • http://retardtrader.com/2008/03/03/today-was-quiet-on-the-trading-front/ Today was quiet on the trading front

    [...] a trading account like this? I haven’t found one yet, but would be interested in seeing it. Full disclosure Timmy? Posted: March 3, 2008 at 5:40 [...]

  • Tony Ellis

    10/60 minute simple moving average lines crossing on intraday 1 minute chart. I know you don’t like technical indicators but this gives a good entry point. Learned it from Muddy and Laura.

  • timsykes

    cool whatever works!

  • Tony Ellis

    Did you look at a chart?

  • Dan

    People look at AGIX up over 18% today again. I’ve been saying its a buy since .60 and this stock might have a monster day tom. This stock is still way undervalued. 1.50 by the end of the week. Tim I know you are starting to like the chart. Good luck everybody

  • Al

    Tim,

    So this morning I bought INTC 500 shares @20.00 and holding overnight because I couldn’t trade today, remember.. I was bored and thought it was a save bet. Well next time I do something dumb just tell me “that was dumb”.

    Intel Lowers Gross Profit Margin Outlook AP (Mon 7:39pm)

  • timsykes

    Al, sorry to hear, i think i did say that was dumb/random/poor risk reward. just take the loss and move on, classic case of why i don’t do random trades

  • Joseph

    Tim,

    How did you know COIN was going to break out? The chart didn’t show any indication that it would. Now, I don’t see how anyone could doubt you man.

  • timsykes

    there was plenty of indication, 14.50 was the clear breakout point–see my next post. dont worry about the doubters, they’ll come around eventually

  • Bart Czernicki

    Tim,

    Ur traffic….
    from Alexa:
    http://www.alexa.com/data/details/traffic_details/oscar.com?site0=test.timothysykes.com&y=t&z=3&h=300&w=610&range=3m&size=Medium
    from compete:
    http://siteanalytics.compete.com/test.timothysykes.com/?metric=uv
    from quantcast:
    http://www.quantcast.com/test.timothysykes.com

    Compete shows u a solid 10-15k visitors/moth..Alexa/QuantCast have u in the dark.

    I see u have Google Analytics on ur site…I would think about adding QuantCast. Alexa always is wrong and their analytics add on sucks. However, QuantCast is used by a lot of advertisers for more lucrative advertising engagements because their analytics show demographic/geo breakdowns that Alexa/Compete do not.

    Anyway did Mojo take ur blog down?…I don’t see it. I think ur dead on about the company on Wall Street Warriors…they definitely seem are the reality show version of “Boiler Room”.

    Lastly…good luck with the site! My prediction….u’ll get to the 1.65 million faster in net worth of the web site than u will with your investment goal :) Niche sites with people who know what they are talking about are huge assets…from the network of people I talk to the next big thing to come from “social networking” (since sites like wikipedia/digg are all run by a minority) is almost consolidation of these blogs in the uber info/service sites.

  • http://www.dailydaytrades.com Daily Stock Picks; PlatinumPicks

    Hey guys , checking in -
    I had AGIX as a buy on my site last week, made a nice chunk of change! Well Tim just saying hi as you and I are up there on Feed The Bull ; I had http://www.platinumpicks.blogspot.com – after success , like you, 2 months after starting the blog, I now launched http://www.dailydaytrades.com and have had 43,000 hits since Feb 19th – join my site free and you get a webpage that you can promote this site and even put up links on your personal webpage to link up to here. Just a thought , maybe we can help each other promote!
    Nick Darpino

  • http://www.beanieville.blogspot.com beanieville

    Not bad, Tim, not bad at all. Congrats.

    Beanie

    P.S. Would you still trade penny stocks if you were to reach your goal of $1.6 million, with that $1.6 million, especially considering the law of diminishing returns?

  • bill

    Level 2 shows there’re 191,600 buy orders at 2.75. If it can break that, it would tank really fast.

  • traderjoe7

    Any chance of Short squeeze into close TIM

  • Reaper

    with 2m shares traded today, I’m not convinced that a 200k buy order is that big of a deal

  • lazydeveloper

    I am worried about that buy order. LOL

  • http://www.kabam.com tbohen

    Short from this morning @ $2.88, been a long slow boring 10 cents…

  • ferrari

    another short i can’t participate in! :(

  • scrillawill

    what should i be looking into today that might do something tommorow srt

  • AdamN

    Amen to that tbohen, been sitting from $2.87 avg myself, like watching grass grow.

  • traderjoe7

    well I was in at @ 2.87 and got bored and covered at 2.91 just 30 mins back……..now in again @ 2.76

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

    always a risk of a squeeze into the close, but the price action looks good here, take out that 200k guy and we’re home free, if not we’re still probly home free tomorrow barring any overnight news

  • Spit

    Im in with 500@2.77

  • bassman52

    you guys holding overnight? i always seem to get screwed holding shorts

  • BiggerThinker

    1500 shares @ 2.76

  • BiggerThinker

    bassman, this one will have to hold over night probably since it is so close to the close

  • carolcj83
  • bassman52

    looks like right

  • raven

    do you guys put in a stop loss order

  • penniesaddup

    damn tdameritrade won’t let me short it

  • Spit

    Why do buyers always creep in when I short something, im jinxed lol

  • penniesaddup

    does anyone know if there is a way to see what you can and cannot short on a tdameritrade account.

    4 out of my last 5 shorts got canceled because:
    Shares of this security are currently not available to short sell.

  • BiggerThinker

    switch brokers.

  • penniesaddup

    who’s the best? I’ve only been trading 4 months. I’m a newb

  • penniesaddup

    btw Tim, I got the email for this alert

  • BiggerThinker

    ThinkorSwim seems to be the preferred for overall quality. InteractiveBrokers seems to be best for shorting, however SogoTrade also has a lot of symbols to short too.

    IB has a 10k minimum.

    SogoTrade is only $3/trade

    I’m personally using TOS right now.

  • Pataxe

    I am short 300 shares @ 2.77, god it makes me nervous to hold overnight!

  • ferrari

    who wants to have multiple accounts to trade on… can’t we just view stocks that are easily accessible? lol

  • penniesaddup

    I’m thinking about switching. I trade through a trust account which is usually a pain to do anything with.

  • BiggerThinker

    having multiple accounts is a great situation to be in with TIM’s strategy since we are shorting shitty companies/pennystocks/hard to borrow companies.

  • traderjoe7

    AH @ 2.70

  • lazydeveloper

    I am in 3400 CPSL @$2.77.

    $2.85 is my mental stop. If I see sellers aligning then I will give it more breathing room to $2.95. After that we will see a clear trend reversal so I will be out
    .
    Risk – Potential 340 dollar loss

    Reward

  • kash

    penniesaddup:

    I am also using Think or Swim but will probably re-open my SogoTrade account in a few months and put some money in there (I have 90-day restriction on account due to PDT rule violation).

    The regular SogoTrade account doesn’t provide any charts and is $3 per trade with a $500 minimum to open an account (still need $2000 for a margin account in order to be able to short sell). The SogoElite account(http://elite.sogoinvest.com) provides real-time charting for $10 a month and offers $0.004 per share commissions with a $2500 minimum to open an account.

    I’ve been using Think or Swim for about a month now and I absolutely love their charts and the iSwim application for the iPhone. You need $3500 minimum to open an account with Think or Swim and they offer $9.95 per trade commissions or $.015 per share ($5.00 minimum).

  • Sunny

    BEE reported 15 cents loss per share… down to 1.25 in AH

  • kash

    I’m glad I got out of BEE this morning

  • Pataxe

    I opened up a margin account at TOS with only $1500 but the commisions are steep. I should have gone with SOGO until I had more cash but I absolutely love the software.

  • SRT8U

    BEE = EASY money .. lol

    CTIC will be interesting tomorrow. If earnings are positive, this can run pretty nicely. I expect decent earnings because of news like this:

    http://seattle.bizjournals.com/seattle/stories/2009/04/06/daily2.html?ana=yfcpc

    http://finance.yahoo.com/news/Cell-Therapeutics-Inc-prnews-14912383.html?.v=1

    Insider trading was also very heavy in Q1

    I initially said I would buy in if it broke $1.00 and stayed there, but the quicker than expected run up made me nervous because so many shareholders made a lot of money and I knew they would dump.

    Now that a lot of the ~$.50 shareholders took money off the table, I think $1.00 should provide some type of support given that their earnings are positive.

    What I did was buy Jan 2010 $2.50 option calls for CTIC. I bought them a little high, made 50% and lost 50% in few short minutes, but I was able to risk much less capital in the event CTIC dumps. If it dumps, I can take a 100% loss (but it wouldnt be much) or if it blows up I can make big profits.

    Some food for thought for tomorrow.

    Also, SIRI closed strong.. I am still holding this

    I was stopped out early with my BBI shares, im out of this for now

    SIXF I think is still a potential runner, even though it made a 63.18% gain from my call yesterday…

    The market feels heavy up here, I sense some type of sell off tomorrow or Friday… hard to recommend any buys, this is where Tim’s shorting picks come into play. Personally FIG is a potential short to me at this point, but I look to Tim for his opinion on that.

  • SRT8U

    Tim, I know you are the master of ‘short stocking’ … do you ever consider buying Put options on stocks? I know they are riskier, but I think you would do very well with them.

  • kash

    Thanks SRT8U, I’m still holding SIRI as well. I considered buying SIXF or CTIC but I shorted CPSL instead. However, my dad has two small positions in both SIXF and CTIC and is holding overnight. Lets see how they do..

  • penniesaddup

    @ kash thanks for the help

    also I shorted BEE @ 1.30 in AH hopefully it’ll keep falling

  • lazydeveloper

    SRT8U, Awhile back Tim introduced philstockworld.com as a good resource to learn about options. Tim said they have some DVD

  • BuckeyeTrader82

    SRT8U killing it in SIXF thanks.

  • SRT8U

    Lazy- I will check out that site- I have never read a single book or watched a DVD in the entire history of trading. I am self taught using material on the internet and experience, not saying I couldnt benefit from Tim’s DVDs or other things, but thats how I have done everything in my life. I’m pretty much a jack of all trades, master of none.. because I hate reading books.. LOL

    Lets also keep in mind we arent trading Berkshire Hathaway or GOOG shares- we are trading garbage companies under $10.00 a share so every trade is a gamble. When you click “Sell Short” on any company under $10, you are gambling… reading charts is like trying to call a bluff, dont rely on them- they can assist, but its ultimately the houses cards that will decide if you win or lose.

  • SRT8U

    Check out Six Flags Preferred share price:

    http://finance.yahoo.com/q?s=SIXFP.PK

    Its at $1.00.. news is also out for SIXF, havent figured out if its good yet.. but todays movement should be an indicator of a possibly bigger move tomorrow unless this news is bad.

  • scrillawill

    does anyone know how to add my pic here

  • scrillawill

    never mind it does it auto

  • SRT8U

    Tim- Check out VNDA, what do you think? Potential short here in the next day or two?

  • ferrari

    I agree SRT, most definitely a gamble… and I wish there were more securities that were easily accessible… seems like most I can’t even get my hands on.

    BTW, I don’t think that buying puts are riskier than shorting a stock- however, you’re paying the premium on the put that could literally be worthless… however, on the other hand, if that were to happen on a shorted stock, then you’d be paying up too… except you’re capping your risk by buying a put.

  • scrillawill

    vnda its at 9 dollars
    is this real srt8 u see that

  • scrillawill

    is this real from 1.08 to 9.00

  • BuckeyeTrader82

    how can i get data on upcoming biotech stocks that have drugs awaiting approval. with DNDN and now VNDA this is getting out of hand

  • scrillawill

    out of hand aint the word i done seen it all in one day citi and now this vnda its crazy

  • BuckeyeTrader82

    hahahahaha 850% gain in like 30 minutes hahahaha

  • SRT8U

    CTIC or VNDA could pull a DNDN, who the hell knows, but they are so volatile I truely doubt Tim would play a short on these because they can go from $10 – $25 in short noticed, then back down…. its crazy what is going on right now… imagine if someone was short on CTIC and wasnt by there computer at the time, just to come back and see they are out a lot of $$..

  • gil

    05/06/09 126U1208 Buy 1500 Shares VNDA at 9.40 Limit Day ECN
    Filled 1,500 at $8.97 – 05/06/09 6:12 PM
    Margin Filled Details
    05/06/09 126U2018 Sell 1500 Shares VNDA at 10.97 Limit Day ECN Margin Verified Canceled
    05/06/09 126U2433 Sell 1500 Shares VNDA at 9.97 Limit Day ECN
    Filled 700 at $9.97 – 05/06/09 6:28 PM
    Filled 800 at $9.97 – 05/06/09 6:28 PM
    Margin Filled Details

  • gil

    i just made 1500 buying and selling vnda in After hours it took me 16 minutes I am so happy I wanted to share

  • scrillawill

    nice trade gil
    100 dollars a min wow

  • scrillawill

    well almost but u know what i mean

  • scrillawill

    out of hand aint the word i done seen it all in one day citc and now this vnda its crazy

    sorry bout that on post 50

  • http://www.quarterstudios.net sebarich76

    SRT8U what application do you use to do Surf Stocking ?

  • SRT8U

    I use a lot of stuff, I would have to make my own DVD to even start.. LOL!

    Listen guys–

    This VNDA is crazy as hell. Looking at the market cap and float, this bitch can triple to $30.00 quickly… it might be worth checking out EARLY in the morning and seeing if you can make some money with it… my thinking would be it can hit $30 and settle in the $20.00′s somewhere… I mean, it can do anything, but this is insane.. I would never short this thing now

  • SRT8U

    Let me also state that those numbers are crazy and ridiculous, and may not even happen, but then again if I told you it would go from $1.00 – $10.00 in 30 minutes you would say the same thing.. LOL– who knows, but the company was trading @ $30.00 without an FDA approval

  • ferrari

    SRT8, look at this posting I read regarding CTIC 2010 options… I couldn’t purchase them and thought this was interesting. Do you know what they’re referring to?

    ###
    Re: CTIC

    How many people purchased 2010 options today?

    Is everybody aware of the stipulation?

    They are not normal options, please list if you did and what your impression is of the play?

  • tmcnally

    I agree VDNA got FDA approval for a schizophrenia drug after hours. There’s no way to know the co’s true worth w/o knowing the market for this drug. I’d be REAL a careful buying OR shorting this sucker.

  • SRT8U

    They are Jan 2010 Calls, bought them for .10 … as it goes closer to $2.50 they go from .15 to .20 …. .25… .30 and so on… I make 100% everytime it moves up .20. Who knows if I can make money, but it kept bouncing from .10 – .15 – .05 all day. If it gaps up, those options can make me bank. Its all speculation, and I may end up with a complete loss. I bought 25 contracts @ .10 which was $250.00 and now they are worth $125.00 at the moment… whatever happens is that I decided to play with $250.00 as a gamble that I assumed would come up as a loss, but its better than putting $5K on the stock hoping for a little return.

    The downside is I lose my $250.00

    The upside is I make a few thousand if it keeps running.

    Risk/reward is awesome IMHO.. but you have to be ok with losing your money.

    Someone bought 30 Calls @ .10 today for VNDA… they are now currently worth about $23K or so. $300 investment = big rewards

  • SRT8U

    Sorry – meant I make 100% every .10 it moves up on the CTIC calls

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