I’ve written HERE and HERE about my new Covestor auto-trading option which is perfect for people too busy/lazy to learn as a TIMalert subscribers or from my now 10 instructional DVD packages, but in addition to the my current auto-trading account, yeserday CV.IM and I launched a new, more aggressive auto-trading account.
You see the first one has a minimum of $10,000 (it was $30,000, but we lowered it since I’m not day trading, thus not subject to the stupid $25,000 required minimum Pattern Day Trader Rule), caries an annual management fee and is up 7 months in a row, yielding a total gain of just under 26%
According to annoying lawyers, past performance is not indicative of future reutnrs, but it’s fair to say, that account has been growing steadily enough to make the 1.5% annual management fee pretty negligible.
But…..
I trade that account very conservatively. As that account is now up to $175,000, even when I went bigtime short based on the misleading earnings press release from eOn Communications Corp. (EONC), raking in $9,000+ profit, it’s tough to make more than 2-5% per month gains. And I doubt that EONC trade even counted as Covestor requires a $50 million marketcap minimum, which unfortunately this pathetic little company does not have)
So to capture the maximum potential gains from ideal pump & dumps, this new aggressive auto-trading account, affectionately called “Tim Sykes Agg” (Agg stands for Aggressive you penny stock retards), won’t just invest the standard 10-30% of assets per play, this one is gonna be more like 60-100% of assets.
It goes against everything my instructional trading DVDs teach, but given the fact that my TIM trading account is up only 651% over 2 years while Covestor, which ignores cash value meaning it thinks I am going all in every time, says that account would be up 126,016% if I went all in every time
Worth a shot, right?
After all, past performance disclaimer aside, I have been right approximately 80-90% of the time over the past decade so screw it, let’s just go for it.
Minimum investment for this new model is $50,000 as compared to the $10,000 for my old one…this is basically for high net worth’s and high rollers, willing to risk it…because I seriously haven’t “gone all in” in a very long time so it’s gonna be interesting as to what happens…obviously I’m still gonna cut losses quickly, so the losses shouldn’t be too bad, but either way, this will be riskier.
Your choices:
Learn my #1 ranked out of 35,000 traders strategy yourself by becoming a TIMalert subscribers and watching my comprehensive instructional DVD packages
Try my new aggressive auto-trading account with a $50k minimum
Or play it “safe” with my original auto-trading account with a $10k minimum
Don’t bother asking me any questions about auto-trading, I just do the trades…talk to Covestor with all your questions and problems, they love customer service, they can’t get enough of it.
Tags: autotrade Timothy Sykes, Covestor Auto-Trading, CV.IM Autotrade
