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Video Of My Visit To SureTrader Headquarters & Free Wires Until February 10th

February 8, 2012 at 12:00 pm by Timothy Sykes

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As I posted yesterday, I’m disappointed/disgusted that I work so hard finding you the best broker for short sellinf in SureTrader and yet sooooooo few of you take me up on it, continually whining about not being able to find shares to short.

So you make me go soooo far as to go down to SureTrader‘s offices and negotiate you guys getting FREE WIRE FEES UNTIL FEBRUARY 10TH when you fund an account and answer hundreds of questions:

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Posted in Brokers, LiveStock On Demand, SureTrader, Videos

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  • Pearson

    u fucker doing all this for yourself so you get paid through affiliates, not for your sooooo called students

  • Nakedpunter

     shuddup you asshole. who are u calling fucker? so what if Tim’s an affiliate?

  • Ghuy

    Pearson is right…Tim, how dare you talk to people like that, who do you think you are? A has-been, nothing more. Your 15 mi ute re up, get off the train.

  • Tony

    OMG you are a such a douche. I remember you from that reality show “Wall Street Warriors”. What a douche lol

  • Pearson1978

    fucker is a self promoter

  • http://twitter.com/cloudjacker Cloud Jacker

    haha you are pretty annoying. so high commissions plus high fees plus (12% margin interest, $1.00/options, $100 wire fee, +/share commissions advertised toward penny stocks, monthly platform fee) no insurance, no recourse in the event of bankruptcy from these highly leveraged and speculative positions………

    those guys need some competition! I’d gladly go set up a broker next door at 2% margin interest, absorb the wire fee, $.55/options etc.

    but I wouldn’t advertise it toward penny stocks, enjoy the niche :)

  • http://www.timothysykes.com Anonymous

    on the contrary, low commissions, free wire fees right now, insurance…stupid prop firm owner trying to rip suretrader, perhaps get your facts straight first LOL

  • Lakersman2006

    Suretrader’s website was down a few hours at approximately 8pm PST. That is never a good thing, they should have backup servers, even if they are doing maintenance.

  • http://twitter.com/cloudjacker Cloud Jacker

    I’m not a prop firm owner… I’m kind of interested in SureTrader actually when they get the 20:1 intraday. I called them a few weeks ago when you started talking about them. Wow you do attack everyone with a counter opinion.

    Fact is $4.95/ticket up to $1000 shares and then .00495/share is a BAD deal for PENNY STOCKS, which is what your target audience is, and what Guy Gentile would like his niche to be. On pennies and subpennies you have to load up on thousands upon thousands of shares, those commissions will be through the roof. Using *any* leverage on top of that, and you’ve got greater commissions. Fortunately your strategy does not involve holding very long, because that 12% margin interest is simply uncompetitive.

    Forget the “avoiding the pattern day trader rule” for a second, IB offers 1.59% margin interest, just for comparison.

    $1.00 options is better than say.. TD Ameritrade, but its up there.

    Yes of course you can fine tune your strategy to pay lower commissions (except by trading penny stocks). Just using stops and you’ll be down a few hundred dollars in commissions alone in penny stock land. It’d be foolish to act like this particular broker is a panacea.

    Make sure all of your American clients file the FBAR, you should mention that if any of them ever get to $10000 in the account, or they could face jail time.

    I think you should try to negotiate a stake in SureTrader, most of the ‘degenerate traders’ you cater to (your words) won’t know what is eating up their accounts profits.

  • http://www.timothysykes.com Anonymous

    yes i attack everyone who leaves ignorant/inaccurate statements, you waste my time and make me repeat myself…i’ve gone over how to use suretrader SEVERAL times now, the commissions are a fraction of what i pay for borrows elsewhere and suretrader has better borrows…who gives a shit about sub-penny stocks, thats not what i trade and i dont give a shit about what i dont trade…if u dont wanna pay, fine, then STFU and leave the borrows for us, apology accepted for your time wasting

  • Keith

    i agree with Sykes. suretrader has good reviews on other websites and it is just plain hard to find a broker that will both accept people from us and dont have the pattern day trading rule. especially penny stocks, trades could go bad in one day, so this broker is a terrific discovery.

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