CHATROOM

Portrait Of A Successful PennyStocker: Adam Neiderhiser, Part 1

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In THIS article, I detailed the success of a certain Adam N. who’d risen through the ranks of Covestor (see rankings HERE) to be neck and neck with me.

Now Adam was kind enough to send me detailed information about his trades and he even seems to have the right outlook—that being not to have any expectations…so enjoy his numbers—while not huge, they’re fairly realistic as to what my PennyStocking DVD and all new ShortStocking DVD seek to help you achieve. So get inspired as you see exactly what’s possible in the following he emailed me a few days ago:

Here is some information about my returns generated to date.

I started following you in June of 2008, which is when I opened up a TOS account (leaving Scottrade) and started to trade stocks based off of your methods. I got off to a bit of a rocky start, as I was inexperienced and undisciplined, but here are the last 4 months of my returns as well as where I currently stand.

(All figures are net gains after commissions)

Starting Account Size: $7665

June Return:
Profit: $661
Total Account: $8326
% Monthly Gain: 8.62%

July Return:
Profit: $ -1715
Total Account: $6611
% Monthly Gain: -20.60%

August Return:
Profit: $2773
Total Account: $9384
% Monthly Gain: 41.95%

September Return (To Date):
Profit: $4405
Total Account: $13789
% Monthly Gain: 46.94%

Leaving me with a net gain of $6124 or 80% since trading based off of your methods. I am confident that I will soon reach doubling my initial investment, only $1541 to go. But like you say, one pump at a time.

Posted in Penny Stock Kings, Testimonials

  • Adam

    nice!

  • Adam

    nice!

  • Jorge Morales

    Next big idea VSE take a look at this beauty of a chart!

    I say: “Make reservations while you can!”

  • Jorge Morales

    Next big idea VSE take a look at this beauty of a chart!

    I say: “Make reservations while you can!”

  • Erich10

    does cypb look like a good short for tomorrow (on red). To me it looks like it fits TIM’s criterea. Up 3 days in a row, closing slightly read today, falling volume.
    Any second opinions would be nice.

  • Erich10

    does cypb look like a good short for tomorrow (on red). To me it looks like it fits TIM’s criterea. Up 3 days in a row, closing slightly read today, falling volume.
    Any second opinions would be nice.

  • Scott

    Boring chart dude!

  • Scott

    Boring chart dude!

  • direhack

    Why is your Sept 26th Livestock a music video? What the fuck?

  • direhack

    Why is your Sept 26th Livestock a music video? What the fuck?

  • Getshorty

    Just posting on a long term short I am keeping at a side, BAP

  • Getshorty

    Just posting on a long term short I am keeping at a side, BAP

  • shane

    just curious what was Adams share sizes on average on an acct of $7k ?, AND did you play multiple shares or was it one at a time ?

  • shane

    just curious what was Adams share sizes on average on an acct of $7k ?, AND did you play multiple shares or was it one at a time ?

  • cash

    congrats adam

  • cash

    congrats adam

  • neil2

    everything looks like a good short tomorrow. My prediction: vote passes on Wed……but this has nothing to do with TIM methods.

  • neil2

    everything looks like a good short tomorrow. My prediction: vote passes on Wed……but this has nothing to do with TIM methods.

  • AdamN

    shane, I usually try to stick to stocks trading under $5.00 w/ my small account. My shares sizes varied between 500 – 2000 shares depending on the stock price and how ideal the setup was. Usually between 40 – 60% of my account size when it was under $10k. Keep in mind that the money I trade is money I am willing to completely lose so that is why I sometimes use the majority of my capital in a trade, but that is not normally recommended. I am taking smaller positions now that my account is over $10k.

    Also, my most successful trades are when I am only trading one stock at a time. Remember I am limited by the PDT rule, so I have to be very picky of my stocks and not waste any trades. I try to keep at least one day trade on hand at all time in case a really good setup comes along like SIL.

  • AdamN

    shane, I usually try to stick to stocks trading under $5.00 w/ my small account. My shares sizes varied between 500 – 2000 shares depending on the stock price and how ideal the setup was. Usually between 40 – 60% of my account size when it was under $10k. Keep in mind that the money I trade is money I am willing to completely lose so that is why I sometimes use the majority of my capital in a trade, but that is not normally recommended. I am taking smaller positions now that my account is over $10k.

    Also, my most successful trades are when I am only trading one stock at a time. Remember I am limited by the PDT rule, so I have to be very picky of my stocks and not waste any trades. I try to keep at least one day trade on hand at all time in case a really good setup comes along like SIL.

  • http://www.investorslive.com investorslive

    At what time should people we worried if Tim doesn’t post by? lol

  • http://www.investorslive.com investorslive

    At what time should people we worried if Tim doesn’t post by? lol

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

    hahaha – Tim is fine and well!

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

    hahaha – Tim is fine and well!

  • YoungGunz

    Way to go man.

  • YoungGunz

    Way to go man.

  • http://www.investorslive.com investorslive

    How was it, I did it and was so tired right after its such an adrenaline rush, no wonder all the instructions smoke a butt and drink redbull right before they head up

  • http://www.investorslive.com investorslive

    How was it, I did it and was so tired right after its such an adrenaline rush, no wonder all the instructions smoke a butt and drink redbull right before they head up

  • shane

    Tks AdamN for the reply..

    I work full time, how does one that works full time particpate in this style of trading, coz the recommendation is to wait for the noon drop and jump in ?

    Tks for any replies

  • shane

    Tks AdamN for the reply..

    I work full time, how does one that works full time particpate in this style of trading, coz the recommendation is to wait for the noon drop and jump in ?

    Tks for any replies

  • Getshorty

    Shane, you gotta set alarms on your brokerage software, you determine what stocks you;ll be willing to play if they reach certain level, you determine a certain price at which the software, that may be running on the back, will trigger an alarm.

    Also, in order to notice tim’s alerts emails on time, I set a filter on my gmail that forwards emails from tim’s email to my cellphone.

  • Getshorty

    Shane, you gotta set alarms on your brokerage software, you determine what stocks you;ll be willing to play if they reach certain level, you determine a certain price at which the software, that may be running on the back, will trigger an alarm.

    Also, in order to notice tim’s alerts emails on time, I set a filter on my gmail that forwards emails from tim’s email to my cellphone.

  • JeePee

    Congrats AdamN! Indeed an inspirition to all of us newbies and small account traders! Well done and happy trading!

  • JeePee

    Congrats AdamN! Indeed an inspirition to all of us newbies and small account traders! Well done and happy trading!

  • http://www.test.timothysykes.com Timothy Sykes
  • http://www.test.timothysykes.com Timothy Sykes
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    [...] and along with my near always rank of #1 and now another DVD student Adam N. ranked #2 (remember his inspiring story), means my strategy works [...]

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    [...] and along with my near always rank of #1 and now another DVD student Adam N. ranked #2 (remember his inspiring story), means my strategy works [...]

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    [...] Think about it, let’s say you invest $5,000 in a mutual fund that goes up 20% on the year, so after one year, you’re up to $6,000…another year goes by and the fund earns 10%, so now you’re at $6,600…another year and another 10%–which would be damn good mutual fund performance (definitely not this year)…$7,260….compare all this to a PennyStocking success story Adam N. who started with $7k a few months ago and built that to $14k in 4 months! [...]

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    [...] Think about it, let’s say you invest $5,000 in a mutual fund that goes up 20% on the year, so after one year, you’re up to $6,000…another year goes by and the fund earns 10%, so now you’re at $6,600…another year and another 10%–which would be damn good mutual fund performance (definitely not this year)…$7,260….compare all this to a PennyStocking success story Adam N. who started with $7k a few months ago and built that to $14k in 4 months! [...]

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