When I wrote THIS blog post and issued THIS press release on November 1, 2007 explaining how I would repeat my feat of turning $12,415 into $1.65 million detailing every trade along the way on this website, most were not enthused…
Trader Monthly labeled me Ryan Leaf (just a few months before they went bankrupt)
MOJO TV thought I lost my mind (before they went out of business a few months later)
CNBC refused to have me on their channel (before they lost their viewer’s money, completely missing the crash and subsequently losing 50% of their viewers)
The few weirdos who actually watched Wall Street Warriors, that being the entire joke that is the finance world, the lazy, coke-and-alcohol, risk-taking goons that they are, thought I lost all my money (before the industry crashed and burned, exemplifying the kind inability to do proper research that causes such financial crashes…read the book you bozos and see I explain EXACTLY how I lost 35% (by ignoring my trading rules)
…and yet I knew my core trading strategy was not only sound, it was the PERFECT strategy for poor people everywhere…I just had to stay disciplined & teach it to everyone via TIMalerts & instructional DVD packages!
So here we are 2 years later and while I am now trading multiple accounts, some of which can be auto-traded, my core TIMtrading account, in which every trade is detailed, and my $12,415 has turned into $101,854, a 139% return in 2009 after a 197% gain in 2008 for a total gain of 720% in 2 years…
To get over the $100,000 hump, I had a near perfect trade today as I sent to TIMalert subscribers in real-time:
Shorted 3500 Euro Tech Holdings Co. Ltd. (CLWT) at 3.57…Nice fading all day long, just went negative on the day, support in the low 3s, but not sure it matters with this stock which is up based only on IPO rumors…news could squeeze me, but I’m betting on an afternoon fade/morning panic so my time being short should be minimal…found share sat Thinkorswim…goal is to cover just above 3, mental stop loss if it squeezes me even just 25 cents/share
A few hours later I covered at $3.03, surprised at quickly this thing disintegrated (only bad part of the trade was I missed the bottom by 20 cents/share). TIMalert subscribers will know later tonight what I expect the stock to do tomorrow, but most have already profited nicely, $6,000+:
+700 on my short of CLWT. I’ve made a 40% total return since mid September. Thanks Timbo!
-brader
+675 on CLWT, 45 cents / share. Sweet trade, thanks Tim!
-gb605
CLWT profit: $648.71 after commish. Thanks again Tim
-Qbantek
+350.5 from this. Thanks Tim.
-sofai
+$90 scalping the CLWT break of 3.22 – yesterday’s LOD, covering at 3.02.
-Peterk
tim – I net gained $761.94 on CLWT — I made multiple trades.
-Reaper
Closed out CLWT for $110 profit
-TF
+150 shorting CLWT
-henman
-$1159 on SNTS long (my stupid mistake. never add dip when the stock is downtrending)
+$1614 on CLWT. Still postive on the day.
-Bill
