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http://www.timothysykes.com/timsykes/2008/08/19/how-to-spend-tradingblogging-profits-my-7-day-11000-trip-to-japan/

Archive for the ‘Adapting’ Category

How To Spend Trading/Blogging Profits: My 7-Day $11,000 Trip To Japan

Tags: Adapting, Cool Opportunities, Vacations

By now you guys know that I’m a workaholic who’s been steadily growing his biz so I can proudly say this blog made $45k last month (see detailed breakdown HERE)…and as I’ve been preparing you guys for the last few weeks, I’m taking a trip–business vacation as I’m gonna get some good content to write for AOL Blogging Stocks, this site (and wheoever else wants anything from me!)–with my girlfriend to Japan August 20-September 1st.

I’ll still be doing TIMalerts each and every day, don’t you worry, I’m an addict, but please don’t email me questions – actually only if they’re about TIMalerts or my PennyStocking DVD (biz first!) – cuz it’s gonna be hard enough trying to manage my vacation/trading while working with a 14 hour time difference.
So I thought you’d like to know exactly what I’m doing—I’m bringing my newly acquired bad ass Flip Video (check out this beauty HERE) so we’ll have clips galore–but for now here’s my itinerary, basically wannabe-FU money, $11,000 blown in 7 days on extravagant hotels, meals and cool destinations….Jewww yeahhhhhh!

If you’re gonna work hard, you gotta enjoy the rewards:

Aug 20-21: $4,000ish Air Canada 2 people, 3 flight segments, only took a few days worth of research to find the Jewiest combo deal for 2 people, gotta go cheap on the 17 hour flight, aka no biz class, save $10k+, just gonna be full of Nyquil anyway

Aug 21-23: $500/night=$1,000 2 Nights at the Tokyo Ritz Carlton, 50th Floor, awesome views of the city, right in Roppongi aka the Rodeo Drive-like nice area, all around pimpest hotel chain, not just BS Trump-esque glitter either, these guys always come through, if all my readers weren’t so poor, I’d look to get sponsored by them in a heartbeat, as the spoiled Jew I am, I always look to book there. You hear me Ritz peeps! Look at that pool:  

To All The Whiny Bitches Who Have Recently Visited My Site:

Tags: Adapting, idiots

In a comment posted HERE about TIMalerts affecting the patterns we stalk, Yngvai said:

You say someone should anticipate it all, but the subscriber base changes the variables that you teach.

The “afternoon fade” is exactly that. A fade, not a tank. Yes, they occasionally do turn into tanks, but the TimAlerts certainly increases the probability of that, particularly with a low float stock. Before TIMAlerts, I saw many examples of afternoon fades. Most (not all) were slow and predictable, and timing of entry didn’t need to be perfect. But the subscriber base changes all of that because subscribers will jump in at the same time. TIMalerts suddenly make perfect entries more critical, which doesn’t sound too good coming from a guy who admits to being horrible with his timing.

Maybe it’s about time you  

I’m Going To Japan August 20th-September 1st, Got Any Tips/Connections?

Tags: Adapting, Vacations

Yes, the rumors are true, but don’t worry, I’m planning this entire vacation around internet access so I’ll still be doing my daily TIMalerts premarket watchlist and trading/alerting TIMalert subscribers to any and all worthy opportunities. In fact, as those of you who’ve read my book An American Hedge Fund know, I’ve profited handsomely while trading under less than ideal conditions cuz it forces me to pick only the most worthy trade setups. And of course the nasty 14 hour time difference will surely cure me of my impatience issues…

But I was wondering if any of you  

Eye Opening Data: PennyStocking Isn’t Only For Day Traders

Tags: Adapting, DVD, Patience

You know how I’m saying on this blog, in my PennyStocking DVD, on LiveStock, basically everywhere, “you can do better than me, my timing usually stinks”? (latest proof is me selling IDAE today for a $600+ profit at $2.49, only to see it close higher, seemingly on its way to $3 (detailed blog post coming))

Well, thanks to one of my readers for posting THIS table of how you would’ve fared if you entered the stocks I traded in June and simply held them longer. I have the patience of a mouse in a cheese factory so no matter my 14% June return, check out how much more these stocks moved in the direction I played them, whether long or short:

I went back to Tim’s June trades and did a “Where are they now?” to check the ideal return you could have gotten given Tim’s entry price, if you would have held on longer (sometimes a month longer). I know this doesn’t follow Tim’s strategy but I thought it was fun to see what happened to these stocks afterward. For the most part they continued much further in the direction Tim played them, with HYHY being the only really dangerous one, a long play that turned sour -45%.

Stock — Ideal return after Tim’s exit
CNEH — 23%
URRE — 45%
PINN — 19%
HYHY — 16%
TGC — 120%
STXX — 65%
PTEK — 40%
GRO — 50%
NTI — 31%

Given Tim’s entry price, you could have gotten a  

How To Short OTCBB Scam Stocks aka Adapt To Evolving Markets

Tags: Adapting, Manipulation, Short Selling

As sketchy as those junkie-like alternative energy companies I profiled yesterday are, ALL OTCBB-listed “companies” are a million times worse. I use the term companies loosely because a more fitting description would be schemes.

Currently, I’m not short any of them, so I don’t care whether or not you believe me—I just have a hard time understanding how the people who run, promote or work with these schemes can live themselves as their job is scamming people, and it’s mostly senior citizens who fall for this crap because they’re old, senile, wealthy and don’t realize how corrupt this entire niche is.

As I profiled HERE, HYDROGEN HYBRID TECH INC (HYHY) is $250+ million scheme with $68,000 in revenues and a multi-million spam campaign. The schemers are just as likely to be shut down by Osama bin SEC as they are to be busted by the DEA as operators of a coke cartel or discovered floating face down in the East River. (past 2 days spam mailers have stopped, nothing holding this thing up, c’mon spammers, get back to stuffing envelopes, get this thing to $400 million you lil bitches!)

Change around some words and numbers in the documents that pitch these schemes and you’ve got LOCATION BASED TECHNOLOGIES (LBAS), a $222 million scheme that looks to be falling apart over the past 2 days (although a big drop seems unlikely aka c’mon schemers, don’t stop, can’t stop!)

Change some more meaningless variables and you’ve got LAUD RESOURCES INC (LAUD), a $274 million scheme without anything behind it (although this is breaking out now, aka I might even buy into it before the market close)

So, naturally, I like to short sell these schemes and until the past few days, I had done so through my broker Thinkorswim, who clears their trades through Penson. But now,  

Timometer


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TIMtrades

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Date Stock Buy Sell Net
Aug 18 FOUR $2.80 $2.66 $342
Aug 14 APII $2.66 $3.30 $1261
Aug 12 APII $3.25 $3.40 $285
Aug 7 NOBL $5.02 $5.49 $680
July 30 USS $2.54 $2.69 $205
July 29 USS $4.05 $4.61 $823

Total: $25,376 (104%)

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