CHATROOM

Continued Covestor Domination: 9 Out Of The Top 15 Out Of 10,000+ Are TIMalert Subscribers/PennyStocking DVD Students!

October 20, 2008 at 5:13 pm
by Timothy Sykes

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Remember last weke when I wrote this post in which I was so proud that 6 out of the top 10 traders on Covestor were PennyStocking DVD students and TIMalert subscribers?

Well, another week has gone by and the PennyStocking domination of Covestor not only continues, it has strengthened!

I’m still #1 by a landslide (you can follow my trades here) and my students are still #2, #3 and #4, but now a few others have improved so PennyStockers represent 9 out of the top 15!!! And several more in the top 30…

We’re talking a dozen-plus people that have risen to the top of the rankings in a field of 10,000+ members!!!!!!

Still think penny stocks are random?

Still think short selling is evil?

Still don’t understand that my niche trading strategy/transparency/brutally honest business model is the best damn thing to happen to the stock market in decades?

See the full rankings here and just assume just about everyone with a big red risk meter is a PennyStocker (of course their risk meter doesn’t realize my students have their finger on the exit button IMMEDIATELY after they enter a trade thus reducing our risk exponentially)

Now I say this obviously to brag how it’s not just me banking from this ridiculously simple strategy, to sell more DVDs (sure, the $ is nice, but not as nice a feeling as helping thousands of people with small accounts who previously though there was no way to make a ton of $ in bear markets, to get more TIMalert subscribers, whatever–the point remains my derided little PennyStocking strategy–a strategy that the “financial media elite” (whatever the hell that means when that joke of an industry is run by baboons!), outlets like Fool.com (refused to publish an independent review of my book “An American Hedge Fund” due to its favorable stance towards penny stocks (not to invest in them, to bet against them you friggin morons!), CNBC (no explanation needed, Cramer’s lost more $ for more people than I ever could/will), TheStreet.com (no stocks under $100 million covered, again the Cramer curse along with too many other commentators to name–not that anyone really even knows their names!!…ohhh, other than Dykstra, who now sends out spam mail trying to suck people into his newsletter by offering autographed baseballs–uhhhhhh, you wonder why TSCM’s stock chart looks like THIS!) and a dozen other lesser known outlets that preach longterm diversification whose readers/viewers are uniformly down 30,40, 50% on the year (maybe in their long ass disclaimers they say they want their followers to diversify away from having any wealth?!?!?)–kicks everyone’s arses!

No matter how much I rant or self-promote, it doesn’t change the fact that PennyStocking is simply better for smaller accounts because it reduces risk (cut losses immediately!) and does not sugarcoat how great a role hype and manipulation play in influencing stock prices.

In short, I can say whatever I want, my haters can say whatever they want, my customers can say whatever they want, everyone should speak their minds freely, but if you let the numbers and testimonials do the talking, PennyStocking in unbeatable and within a few years I’m gonna dominate this joke of an industry.

Here’s to my fine students and to our fine future! To everyone else, in the words of an oldie but a greatie TV show, “You will be assimilated!”

Posted in Breakouts, Cool Products, Testimonials

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  • Reaper

    Woohoo! #29! Not bad considering I haven’t made a profitable trade in my TOS account in a month. All my trades have been at IB.

  • Reaper

    Woohoo! #29! Not bad considering I haven’t made a profitable trade in my TOS account in a month. All my trades have been at IB.

  • AdamN

    Played TMA today for a very quick 20% profit, which should solidify my #3 ranking and edge me closer towards becoming #2 again. Still hanging onto all the gains Tim outlined in my interview, but have yet to break past it…..would this market just bottom already!

  • AdamN

    Played TMA today for a very quick 20% profit, which should solidify my #3 ranking and edge me closer towards becoming #2 again. Still hanging onto all the gains Tim outlined in my interview, but have yet to break past it…..would this market just bottom already!

  • Brent

    Covestor shows Penny stockers have taken over the investment world just like Warren Buffett and his followers once did.

    “I would like you to imagine a national coin-flipping contest. Let’s assume we get 225 million Americans up tomorrow morning and we ask them all to wager a dollar. They go out in the morning at sunrise, and they all call the flip of a coin. If they call correctly, they win a dollar from those who called wrong. Each day the losers drop out, and on the subsequent day the stakes build as all previous winnings are put on the line. After ten flips on ten mornings, there will be approximately 220,000 people in the United States who have correctly called ten flips in a row. They each will have won a little over $1,000.

    Now this group will probably start getting a little puffed up about this, human nature being what it is. They may try to be modest, but at cocktail parties they will occasionally admit to attractive members of the opposite sex what their technique is, and what marvelous insights they bring to the field of flipping.

    Assuming that the winners are getting the appropriate rewards from the losers, in another ten days we will have 215 people who have successfully called their coin flips 20 times in a row and who, by this exercise, each have turned one dollar into a little over $1 million. $225 million would have been lost, $225 million would have been won.

    By then, this group will really lose their heads. They will probably write books on “How I turned a Dollar into a Million in Twenty Days Working Thirty Seconds a Morning.” Worse yet, they’ll probably start jetting around the country attending seminars on efficient coin-flipping and tackling skeptical professors with, ” If it can’t be done, why are there 215 of us?”

    By then some business school professor will probably be rude enough to bring up the fact that if 225 million orangutans had engaged in a similar exercise, the results would be much the same – 215 egotistical orangutans with 20 straight winning flips …………..

    I think you will find that a disproportionate number of successful coin-flippers in the investment world came from a very small intellectual village that could be called Graham-and-Doddsville. A concentration of winners that simply cannot be explained by chance can be traced to this particular intellectual village.”

    http://www.valueinvesting.de/en/superinvestors.htm

  • Brent

    Covestor shows Penny stockers have taken over the investment world just like Warren Buffett and his followers once did.

    “I would like you to imagine a national coin-flipping contest. Let’s assume we get 225 million Americans up tomorrow morning and we ask them all to wager a dollar. They go out in the morning at sunrise, and they all call the flip of a coin. If they call correctly, they win a dollar from those who called wrong. Each day the losers drop out, and on the subsequent day the stakes build as all previous winnings are put on the line. After ten flips on ten mornings, there will be approximately 220,000 people in the United States who have correctly called ten flips in a row. They each will have won a little over $1,000.

    Now this group will probably start getting a little puffed up about this, human nature being what it is. They may try to be modest, but at cocktail parties they will occasionally admit to attractive members of the opposite sex what their technique is, and what marvelous insights they bring to the field of flipping.

    Assuming that the winners are getting the appropriate rewards from the losers, in another ten days we will have 215 people who have successfully called their coin flips 20 times in a row and who, by this exercise, each have turned one dollar into a little over $1 million. $225 million would have been lost, $225 million would have been won.

    By then, this group will really lose their heads. They will probably write books on “How I turned a Dollar into a Million in Twenty Days Working Thirty Seconds a Morning.” Worse yet, they’ll probably start jetting around the country attending seminars on efficient coin-flipping and tackling skeptical professors with, ” If it can’t be done, why are there 215 of us?”

    By then some business school professor will probably be rude enough to bring up the fact that if 225 million orangutans had engaged in a similar exercise, the results would be much the same – 215 egotistical orangutans with 20 straight winning flips …………..

    I think you will find that a disproportionate number of successful coin-flippers in the investment world came from a very small intellectual village that could be called Graham-and-Doddsville. A concentration of winners that simply cannot be explained by chance can be traced to this particular intellectual village.”

    http://www.valueinvesting.de/en/superinvestors.htm

  • johnnyb

    tim,

    you are absolutely retarded…. first, what the hell are you teaching all these newbs? You are teaching them to short a god damn market that is in shambles. That takes no skill. So for all you morons out there who paid this jew hundreds of dollars for all his bullshit, congrats u have learned nothing. 2nd, these newbs learned nothing for themselves, their profits have been spoon fed? Are these newbs still so ignorant to believe that tim sykes will be this penny stockin guru forever and that this retard-proof strategy (which is fucking bs shorting a pos market is not skillful) will work forever? HEY MORONS WHO PAID FOR TIM’s PATHETIC SHIT – do u not recall reading his self-published book and seeing that his strategy for making money has changed multiple times and this is since like fucking 2000! Are you people so ignorant as to buy into this? 3rd, based on the numbers that tim has shown recently with his strategy one would argue that it is successful. I would in some way agree that his strategy to short penny stocks in this economic crisis is not the worst idea i have heard, but lets use our motherfucking brains for a god damn second……LISTEN UP ALL YOU TIM SYKES BELIEVERS…. the biggest flaw in tim’s strategy of shorting penny stocks is the FACT that it is not scalable with any account that has a real amount of money in it… and to all you newbs out there that means that it is going to be really fucking hard for TIM to borrow thousands of shares to short.

    TIM YOU WILL NEVER MAKE OR SHOW ANY OF THESE NEWBS HOW TO MAKE REAL MONEY. CONGRATS TEACH THEM HOW TO MAKE A THOUSAND BUCKS…

    To you newbs,

    Some of you will come to understand these truths I have expressed and hopefully I have saved you some time and money.

  • johnnyb

    tim,

    you are absolutely retarded…. first, what the hell are you teaching all these newbs? You are teaching them to short a god damn market that is in shambles. That takes no skill. So for all you morons out there who paid this jew hundreds of dollars for all his bullshit, congrats u have learned nothing. 2nd, these newbs learned nothing for themselves, their profits have been spoon fed? Are these newbs still so ignorant to believe that tim sykes will be this penny stockin guru forever and that this retard-proof strategy (which is fucking bs shorting a pos market is not skillful) will work forever? HEY MORONS WHO PAID FOR TIM’s PATHETIC SHIT – do u not recall reading his self-published book and seeing that his strategy for making money has changed multiple times and this is since like fucking 2000! Are you people so ignorant as to buy into this? 3rd, based on the numbers that tim has shown recently with his strategy one would argue that it is successful. I would in some way agree that his strategy to short penny stocks in this economic crisis is not the worst idea i have heard, but lets use our motherfucking brains for a god damn second……LISTEN UP ALL YOU TIM SYKES BELIEVERS…. the biggest flaw in tim’s strategy of shorting penny stocks is the FACT that it is not scalable with any account that has a real amount of money in it… and to all you newbs out there that means that it is going to be really fucking hard for TIM to borrow thousands of shares to short.

    TIM YOU WILL NEVER MAKE OR SHOW ANY OF THESE NEWBS HOW TO MAKE REAL MONEY. CONGRATS TEACH THEM HOW TO MAKE A THOUSAND BUCKS…

    To you newbs,

    Some of you will come to understand these truths I have expressed and hopefully I have saved you some time and money.

  • Vestor707

    Is Tim’s trade on ISRG enough liquidity shithead?

  • Vestor707

    Is Tim’s trade on ISRG enough liquidity shithead?

  • ben

    boo hoo, no shares of TMA to short

  • ben

    boo hoo, no shares of TMA to short

  • Cletus

    Vestor707 ISRG is a real com[any and Tim went long for a bounce play, not short.

  • Cletus

    Vestor707 ISRG is a real com[any and Tim went long for a bounce play, not short.

  • vestor707

    Who said anything about a short?

  • vestor707

    Who said anything about a short?

  • retards

    Since tim uses covestor, his subscribers will also tend to try it out.
    This means a large percentage of covestor users are also tim’s “students”.
    Tim only cares about the top percentile. Did he even look at the bottom?
    For all we know the bottom 1000 out of 10000 covestor users are tim’s “students”. Aren’t you darn proud too?
    With a large enough sample, even with random distribution you can tweak statistics by presenting only what you want to advertise.
    Sell a product, then just advertise the success, hide the failures. For all we know only 5% of tim’s “students” are making money, and the rest are just losers, just like the general statistics he described regarding losers trading.
    Nice marketing.

  • retards

    Since tim uses covestor, his subscribers will also tend to try it out.
    This means a large percentage of covestor users are also tim’s “students”.
    Tim only cares about the top percentile. Did he even look at the bottom?
    For all we know the bottom 1000 out of 10000 covestor users are tim’s “students”. Aren’t you darn proud too?
    With a large enough sample, even with random distribution you can tweak statistics by presenting only what you want to advertise.
    Sell a product, then just advertise the success, hide the failures. For all we know only 5% of tim’s “students” are making money, and the rest are just losers, just like the general statistics he described regarding losers trading.
    Nice marketing.

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

    LOL, i wish i had 1000 students, gimme a few years…actually have about 40 people altogether in the top 100, no idea where the rest are.. tough to lose $ when i’m right 80-90% of the time, do more research

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

    LOL, i wish i had 1000 students, gimme a few years…actually have about 40 people altogether in the top 100, no idea where the rest are.. tough to lose $ when i’m right 80-90% of the time, do more research

  • retards

    Do you even know what is expectancy? Suppose you win 90% of the time, and on average each time you win only $100. And when you lose 10% of the time, on average you lose $1000.
    You expected net for each trade is .9 * 100 – .1 * 1000 = 90 – 100 = -10.
    That means over time, you system nets you -$10 per trade, a losing system.

    Please do more research. If your system is so good please present the proper numbers (hint: read van tharp).

    You blog says you earned close to $19426 in a month for timalerts. That means roughly 650 “students” for timalerts. 40 in the top 100, and all the other 600 in the bottom. Nicely done.

  • retards

    Do you even know what is expectancy? Suppose you win 90% of the time, and on average each time you win only $100. And when you lose 10% of the time, on average you lose $1000.
    You expected net for each trade is .9 * 100 – .1 * 1000 = 90 – 100 = -10.
    That means over time, you system nets you -$10 per trade, a losing system.

    Please do more research. If your system is so good please present the proper numbers (hint: read van tharp).

    You blog says you earned close to $19426 in a month for timalerts. That means roughly 650 “students” for timalerts. 40 in the top 100, and all the other 600 in the bottom. Nicely done.

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

    i win 90% of the time and my average gain is 10%…i lose 10% of the time and my average loss is 5%…u do the math buddy…the vast majority of my subscribers follow similar trends and those who dont havent gotten my DVDs/are new so they really dont know what theyre doing…only problem is my strategy cant be scaled to many millions of dollars

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

    i win 90% of the time and my average gain is 10%…i lose 10% of the time and my average loss is 5%…u do the math buddy…the vast majority of my subscribers follow similar trends and those who dont havent gotten my DVDs/are new so they really dont know what theyre doing…only problem is my strategy cant be scaled to many millions of dollars

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