See Tim's full bio HERE. Tim turned a few thousand dollars into a few million by taking small gains time after time on hundreds of volatile penny stocks, discovering that his trading strategy, while consistently successful, works best for those with smaller accounts.
Determined to teach others this PennyStocking trading strategy (learn more HERE), he went back to his original $12,415 roots (already $33,956 even though the stock market has crashed) to show everyone how to turn thousands into millions, even while having a life (somewhat) and making plenty of mistakes.
Hard work, Determination and Know How.
Hard work to learn how the greatly misunderstood niche of penny stocks provides opportunities every now and then on which you should pounce.
Determination to seek those probable profits out and know how in order to actually profit from them.
Long story short, wait for stocks that are extremely volatile - for whatever reason - and then aim to take small profits (between 10 and 50% within a few hours, days or weeks) here and there, either from betting on higher or lower prices (yes, you can make $ betting on lower prices, it's called Shortstocking (learn more HERE).
As Tim explains in several ALL-NEW instructional DVDs (see them HERE) and in over 900+ blog posts, penny stocks are the most hyped and corrupt niche in the entire investment world. These two qualities make them the easiest to profit from (legally) because the vast majority of people who play penny stocks are suckers and all-around ignorant people. If you have any intelligence whatsoever, you have a clear advantage and it's like playing basketball against mental midgets.
This is the #1 FAQ (see more HERE) and it is answered in THIS blog post.
Of course, that's just a brief introduction - to receive a full education, there is Tim's book An American Hedge Fund which is the story of his remarkable rise and lessons learned.
To truly increase your odds at profit, Tim has designed an entire set of detailed instructional DVDs, covering all the variables that amount to over 24 hours of instruction (see them all HERE)!
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Nice… Was this the one you aired on Live Stock on Friday?
Timmay - Excellent, excellent interview. Would love to see more of this exact thing from you. Congrats!
Nice interview, Tim!
You just gave priceless free advice out to the masses, and they will say “Short sell crappy companies? Duh, everybody knows that”, just like the haters that come on here.
tim the SEC doesn’t stop a fund manager from publicly reviewing a book or commenting on markets.
Great interview Tim! You can see Aimers just pissed that he had to interview you. He never even cracked a smile through the whole interview. Priceless!
Great Job!
Nice interview Tim! BTW, I read your book and have gone through the first disc of your Pennystocking DVD set this weekend. I have been what you have categorized as a “sucker” when trying to trade pennystocks. Now I feel that I have a fighting chance to actually make some money! Thanks Tim for sharing with us what you have learned. It really is good stuff!
thanks guy, glad u like it, yes i did air this on livestock last week…and yes, brent, people in finance cant make public comments, why do u think 99.99999% of industry people are totally silent…their firms dont allow them, and if they do, they risk getting in trouble so its not worth it for them…nobody else seems to care cuz they’re at least making money, call me crazy, i think freedom of speech is somewhat important
their firms dont allow them but its not an SEC thing just a company policy.
Great interview btw.
Pretty much that’s the case. I’m in that boat…which is why I just sit on the sidelines enjoying your posts…but only write pointless ones that usually have nothing to do with anything… if that makes any sense.
Something to put on the radar for Monday: Perfect microcrap called TIM. TIM has one employee and revenue of $10,000, but it’s going exponential on Fox mention and Internet hype. Business model is teaching others to become competitors. Reserve shares and get ready for the breakdown.
I think 13 of the last 14 TIM trades have been profitable. I’m finally going to subscribe to Timalerts and the dvd. Wish I had done so much earlier!
People just don’t get it. It’s about the strategy that will make the most on your capital base. If you’re running a $500 million long-only mutual fund then you need stuff scalable. If youre managing up to a few hundred thousand in a broker account then take advantage of your size and find the strategy that will make the most. timalerts is perfect. It took me way to long to get this message. To many years trading googles, microsofts to a make a few percent.
yak- you in MKE?
Hey, I didn’t know where to post this, but I was wondering how Timmay finds his trades? Scanner software or something?
Great interview Tim. The only thing that went wrong was he said your website is timsykes.com at the end of the interview..
Ron:
http://www.timothysykes.com/ad.....ill-trade/