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This Goes Out To All Trading Newbies…

Posted by Timothy Sykes on Mon 13th of Oct, 2008 02:57:11 PM

Got this email and thought it was important to share with you:

Tim, remember how I talked about that testimonial I was going to give you from someone who knows NOTHING about trading stocks? Well I have it for you on day 1 after signing up for TimAlerts. I bought 300 shares of GASS today at $6.41 and sold them at $6.85 (which I shouldn’t have done because now its at $7.40) but anyhow, I made a cool $316 off my first trade with TIMalerts! Thanks dude!

Skip

Sweet, good testimonial, of course I’d feature it…but then a few minutes later, I got this:

my bad Tim, my trade triggered a sell at $7.49 so i did great!!!

This is how much of a NEWB I am. LOL

Now Skip don’t be embarrassed, we were all newbies at one time, but I feature your second email too because your testimonial for TIMalerts, while nice, is a cautionary tale…

Because I think of trading as a business and successful businesses do not have sloppy accounting. As I go into detail in my upcoming TIMraw instructional DVD, I have specific entry and exit points along with several other points that will trigger me to double, halve or exit my position before my ideal exit point is reached.

Today, you made money because I was right about GASS being a good potential bounce play, but you didn’t have any specific plan. Without a specific plan, this trade could’ve easily become a loss.

That’s why my PennyStocking instructional trading DVD and the brand new sequel PennyStocking Part Deux that focuses on intraday chart pattern are not optional study material, they’re required.

In fact, you might as well go to the brand new TIMstore and get a combo package so you have all your bases covered.

You think this is a sales pitch, fine…you know 90% of traders lose $ and since I want the best testimonials from you guys, you cannot just rely on TIMalerts to be right every time, you have to learn WTF I’m talking about!

Sure, I have a great track record, but I’m only one person who spends most of my time blogging and working on my core business, which is publishing. You need to learn this stuff for yourselves (I’m gonna repeat that again and again) so you can adapt quickly and become a better trader than I ever was.

Of course, you can learn from trial and error, but I assure you, my $300 DVDs or $900 combo package will be far cheaper and more informative than your trading losses–which are sure to happen when you don’t understand what’s really going on–will ever be.

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Tags: ,

  • invalid username, email admin@timothysykes.com
  • Mike
    How do I get a response to an email about my log in saying invalid user name, I have sent in multiple requests. Is there a number to call?
  • King
  • King
  • King
  • drbubb
    Anyone want to post a review of Tim's DVD's there don't seem to be any.
  • eb
  • Joker
    eb, where's the website, duh?
  • my point is that i dont want people who dont understand basic trading, they need to educate themselves beforehand
  • eb
    joker...have you checked out my website? Im a huge Tim fan and I just want to make money.
  • Joker
    Keep the focus on making money guys.

    Now whats in play for tomorrow?

    ppc anyone?
  • Will
    Yea, I mean't what I said. Simple math is a stupid reason to promote a product based on something else.
  • Will you meant what you said but just f'd up its OK you'll only look like a fool until he writes another post haha
  • john
    tim, do you have a sticker i can put on my car to help promote some since uve made me some good extra cash
  • Will
    Ok, I'll admit I got the 7.49 misred with the 6
    BUT MY POINT IS THAT IT DOESN'T TAKE HUNDREDS OF DOLLARS TO DO MATH!! The fact that Tim promotes his DVD on people not knowing how to add and subtract is pathetic. Don't get me wrong Tim's strategies WORK...EXTREMELY WELL... and are very predictable but promote it for the right reasons.
  • JX
    Will, you idiot - its idiots like you, who can't even do basic math, who is responsible bringing down this economy - all you can do is accuse successful ppl for your own failings and shortcomings... it's really sad. I bet you're a Sarah Palin supporter too...
  • SP
    yea but he really sold at $7.49 which equals a $324 profit so hes right
  • Will
    First rule of anything is knowing how to add and subtract!!!!
  • Will
    It's sad that this post was up a little after 2p.m and NONE of your readers took the time to really read your post and now its after 8p.m.
  • Will
    WOW!!!! Check your facts Timmy. 300 shares at $6.41 and selling at $6.85...is only a $136 profit after commissions. Don't be your own pump and dump an promote false things.
  • Joker
    Tim or anyone, how'd you know GASS was going to run today. Was it the analyst release of it being on the outperform list?
  • Jorge
    Danm PDT rule! So much good stuff out there and I have only 1 trade left.

    Het Tim in case you didn't read YngvaiMalmsteve petition to the SEC check it out here" http://welcometothegutter.blogspot.com/2008/10/...

    I hope that one day the community gathers enough power to push for rational change.

    Jorge
  • nojobmaui
    great book that backs up what Tim is talking about here called "Come Into My Trading Room" by Elder
  • Reaper
    Tim, you should post my testimonial on GASS as well ... I'm too lazy to find it for you. That would be a good counterpoint to the above.
  • yegor
    hey Tim! MS made me rich today - almost 40% gain(nearly $1.5k)..should have bought more of that crap last Friday. but MS is not a penny stock...or is it? lol
  • TomT
    Wassup Tim,

    Been awhile..since I've posted.. but Just wanted to let you know that I have sign up to play your "See Tim in Vegas" game.. and I'm Currently in the top ten. woohoo.. Hopfully I'll make it up there to be one of the winner to go to Vegas..

    GL everyone..

    -TomT
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