Blog Archives:
How My Blog Made $70,000 Even While I Went Away For 10 Days In August
Posted by Timothy Sykes on Mon 8th of Sep, 2008 03:47:29 PM
Sponsor Offer:
Well, $69,972 for the month to be exact…pisses me off I was so close to breaking the $70,000 barrier, but came up a lousy $28 short! What can I say, it’s a tough life.
This getting-ridiculous-rather-quickly figure is up from $45,000 in July (see July details HERE), up from $25k in June, $15k in May (those are estimated cuz they weren’t high enough for me to spend hours dissecting everything in order to brag about it)
…and of course the icing on the cake is that I had a nice trip to Japan for 10 days (see itinerary HERE, pics/videos will be up shortly) even while my blog was more than paying for the trip as I was taking it!
Here’s the breakdown:
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Introducing The TIMalerts Lifetime Membership, Yours for $2,000
Posted by timothysykes on Wed 3rd of Sep, 2008 04:36:38 PM Sponsor Offer:
Remember THIS post when I was pondering offering TIMalerts lifetime subscriptions?
Well, that got a few people emailing me and one guy actually bought the first TIMalerts lifetime membership for $2,000!
Yes, those who purchase it below will get their very own TIMalerts lifetime member card you see above. Just click pay now and the card is yours!
But forget that little card for a second–as cool as it is–this ain’t no AMEX black card (see what I think about those HERE)…TIMalert lifetime members will receive alerts by email/Twitter (follow me HERE)/whatever the next communication tool/device is for the rest of my life.
And those who know me, know I’m one hard-working SOB so I won’t stop….ever. Even if I get so rich it doesn’t matter or if I get too cocky and blow up…I’ll keep writing and providing trade ideas. Only thing that’ll stop me is if I have a heart attack from too much good food, or if I get taken out by an angry stock promoter, run over, etc.
In time, I do intend to clone myself, but this membership will only be valid during the course of my lifetime, subscription through my clone/s will have to be negotiated at a later date since the science is still new and the costs unknown.
There’s no set schedule of how often I trade or will trade, as TIMalert subscribers know, ideal opportunities come about every few days, about 5-10/month, in the land of PennyStocking. You can bet every now and then I will take vacations, which will impact my trading, although I’ll always be on the lookout for potential trades–as you witnessed during my recent trip to Japan (see it HERE).
And for those of you who don’t know, I’m a fit, well semi-fit (getting better each day thanks to the girlfriend!), 27 year-old so you’re probly looking at 50+ years of trade alerts and stock market commentary. Considering my track record–$12k to $2 million 1999-2002, #1 ranked short bias hedge fund manager 2003-2006, one bad investment that tanked my fund 35% but made me infinitely wiser, now 100%+ return in the last 9 months and total domination of the performance rankings on the social networking site Covestor (see rankings HERE), I’m guessing the entire fee will be paid for with 1-2 good trades, although of course PAST PERFORMANCE IS NOT INDICATIVE, OR AT LEAST PERFECTLY INDICATIVE OF FUTURE RETURNS.
Ironically, my former #1 hater Michael Goode who, as I detailed in THIS post, was the first to buy my most expensive product offering, the PennyStocking DVD + annual subscription to TIMalerts combo deal (check it out HERE!), after initially writing the now infamous post “Timothy Sykes if full of bullship” post HERE is the first TIMalert lifetime member.
Mr. Goode writes in THIS post explaining why he coughed up $2k to become the first TIMalerts lifetime member:
First, I have concluded that at least at the present time Sykes’ trading system works quite well. This does not mean that it will necessarily continue to work, and anyone using his system should not put blind faith in it. That being said, the basic premise of short-selling hyped-up stocks should continue to be successful far in the future, although the details of how best to do that will certainly change. I believe in Sykes’ system enough to trade a decent amount of money with it, and so far I have made quite a bit of money trading his system
…blah blah lots more, click the above link to read the rest of it. Basically, the guy’s made $20,000 in a few months off my picks/system so he was feeling generous. I encourage anybody else who’s made a ton off my stuff to be similarly generous.
Let me know if you have any questions…
My Latest Giant Milestone Reached…
Posted by Timothy Sykes on Wed 3rd of Sep, 2008 01:31:22 PM Sponsor Offer:
Sure, I have like a 23 for 24 win streak on TIMalerts, my lates alert being the latest 20%+ winenr (read about it HERE!)…
Yes, I’m finally over the $25k hump, THE JOURNEY wasn’t easy…
Yes, my blog made $45k in July (see how HERE)…wait til you see August’s number (feel free to guess in the comments section below!), just double-checking all the figures, detailed post should be up early next week…
But more importantly, yesterday, my blog just reached the
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Finally Over The $25k Hump, Osama bin SEC Go F&^% Yourselves!
Posted by timothysykes on Mon 18th of Aug, 2008 04:20:51 PM Sponsor Offer:
Finally! Last November, when I went back to my original $12,000 roots (see post HERE), many people thought/called me crazy…I wasn’t crazy, just determined to show everyone how it’s possible to make plenty of mistakes and yet–if you remained disciplined…or somewhat disciplined–still use small account size as an advantage to profit from all the manipulation and hype in this the gutter of the stock market.
Took me about 9.5 months to accomplish this rather unremarkable yet surprisingly difficult feat (last time I was this poor, there were no regulations preventing me from trading too much, which was a gift and a curse)–see all the trades upon trades upon trades it took me to get there by clicking HERE–and understand that in a free financial world, there’d be no regulatory difference between $2k, $20k, $25k or 250k, but in the real world, one that is subject to terrorism perpetrated by Osama bin SEC, this $25k mark means I can now do more than 3 day trades/week.
Yes, that’s right, after 9+ months of having to
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Suck On This John Chow, My Blog Made $45,000 Last Month!
Posted by Timothy Sykes on Wed 6th of Aug, 2008 04:31:03 PM Sponsor Offer:
Awwww yeah, that’s right, not only am I gonna report my trading gains/losses (see July 2008 review HERE), now I’m also gonna detail my blog’s earnings each month.
Cuz as much as I like cutting through all the BS in finance/trading/penny stocks, there’s even more BS in “make money online” racket–I know cuz after running this blog for 9 months, I’ve seen lots of crazy shit, most of which hasn’t made me a dime.
Inspired by John Chow’s monthly blog income reports (see his $40,000 June HERE), below are the numbers for my blog last month–proving that my biz model is superior to most, especially considering Chow only made $40k even though he’s got 27x more RSS readers (help me out and signup for mine HERE!) and and about 3x as many visitors….if this post is popular enough, I’ll begin an entire new blog devoted to how to make money form blogging, maybe with a project to be titled “Transparent Blog Income” (TBI) or something to that effect…
These are the July results of a hardworking internet entrepreneur, think 16-20 hours days, including weekends…it’s all about how bad you want it, f$%^ the 4-hour work week you fat lazy American slobs, working hard, and honestly, is the path to righteousness and fulfillment:
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Thank You For Making Wall Street Warriors The Most Downloaded Show On iTunes!
Posted by Timothy Sykes on Fri 1st of Aug, 2008 11:26:54 AM Sponsor Offer:
Most downloaded reality show that is…at least according to THIS article, which says:
Since its debut on iTunes on July 14, the full seasons of MOJO HD’s Wall Street Warriors, seasons #1 and #2, have been the number one and number two most downloaded TV series on iTunes in the reality TV category.
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TIM June Monthly Review: It’s Satisfying To Earn 14% When Most Others Lose
Posted by Pallian (Moderator) on Mon 7th of Jul, 2008 11:42:33 AM Sponsor Offer:
June was a tremendous month for me, my site and my strategy all took off just as others collapsed. Of course, just as all the longs look like geniuses in bull markets so do short sellers in bear markets and my trading/teaching was far from perfect, but the key is we’re all earning and learning…
To the numbers…
My Thinkorswim account increased from $17,807 to $20,272, a gain of $2,465, or 13.84%. Plenty of mistakes (click blog posts on the table below to see), but nice domination of Covestor (see rankings HERE) and the major indexes:
Site traffic continued its strong growth, especially monthly visitors which increased from May’s 104,000 to 150,000!
And get excited cuz now I’ve figured out a way to
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Joey Chestnut Repeats As Hot Dog Eating Champ, Is A Great Role Model For You
Posted by timothysykes on Sat 5th of Jul, 2008 03:31:33 PM Sponsor Offer:
There are times in life when you think you can do no more so you give up. Joey Chestnut does not know this feeling. He takes the impossible and stuffs it down as if it were just another hot dog. For a 2nd year in a row, Chestnut out-ate the former champ Takeru Kobayashi to win the 2008 Nathan’s Famous Fourth of July International Hotdog-Eating Contest in Coney Island, this time in a dramatic overtime victory after both eaters down 59 hot dogs in the regular 10-minute competition. Yes, fifty-nine hot dogs each.
I highlight this, just as I did HERE and HERE with Tiger Woods, because it’s these
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Celebrating July 4th With My 2 Millionth Page View & FOX Biz Interview (This Sunday Night 5:30PM EST!)
Posted by timothysykes on Fri 4th of Jul, 2008 11:10:10 AM Sponsor Offer:
Happy July 4th everybody!
I would love to celebrate our independence, but that’s impossible since the US government-backed Osama bin SEC continues terrorizing small traders! So, I will not go to any firework celebrations, I will not watch the Nathan’s Hot Dog Eating Contest (okay, maybe I will do that) and I will work all day and night today…because I’m too determined to change this joke of an industry for the better.
And that’s why I’m proud to announce that just 80 days after we hit our one millionth page view, this blog has just reached our two millionth page view!
If you remember, it took 6 months to hit the first million, as we were averaging 9k views/day…in the past 2.5 months, we’ve doubled daily page views to 20k+ (See booming Sitemeter chart
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PennyStocking Profile: Mike The Machinist Up $300,000 Over The Past 5 Months!
Posted by timothysykes on Tue 24th of Jun, 2008 11:08:21 AM Sponsor Offer:
While I have no way to confirm or deny whether or not Mike actually has gone from $50,000 to $350,000 as he says HERE (and I had to really beg him to put a dollar figure on his gains), I, along with many others, have been in his chatroom several times when he’s made too many incredible calls to recount here…okay, maybe a little, stuff like THIS $14k day, and posts like THIS where he takes snippets from his chatlog to prove his abilities. A great deal of his success stems from buying stocks making intraday highs, taught to him by Muddy, but he freely admits he learned short selling from me so his accomplishments make me damn proud!
Add Mike’s remarkable success to that of grad student Tony Ellis who’s now up over $80,000 in the last few months and you might begin to understand why I have such determination to spread this strategy far and wide. Especially since students of my DVD PennyStocking know that I close my presentation by saying you can do better than me…might as well just call me Archie Manning…well maybe only in a few months when one of my students surpasses $1 million in earnings.
(And I feel perfectly comfortable saying that cuz these are real people making real money…not fake testimonials from fraudsters. Don’t believe us? Gooood. You shouldn’t trust anybody in this game, but be sure to stick around cuz this is just the beginning and you can see everyone posting their picks and plays day in and day out…viva la revolucion!)
Mike’s kind of a shy guy so we have no pic of him…the photo below is just what I imagine he looks like:
1. What’s your background?
I’m 48, worked as a machinist for the last 14 years, got laid off before
the start of 2008. When I got laid off from my job, I contacted my old
friend Muddy
whom I had kept in contact with over the years after meeting him in a
bookstore in the investing section of that store.
I told him I was finally going to try and get serious with his approach.
Up until then I used the same old same old stuff most everyone uses
and I basically stunk at trading that way.
So I asked for a huge favor in that after reading through his blog a
few times and trying to get the gist of it, would he mentor me for a
few weeks since we live so close.
He said he’d be glad to and his stuff absolutely turned my trading
around to where I am today. He also turned me on to you Tim, and
shorting the low priced ones.
2. Inspire us all with the story of your journey over the past 5 months!
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Big Big News: The 1st TIMaffiliates Sale & The Reason Why This Is Gonna Blow Up
Posted by timothysykes on Mon 23rd of Jun, 2008 05:32:41 PM Sponsor Offer:
Congrats to MySMP.com (My Stock Market Power) for being the first TIMaffiliate to earn a commission, making just over $7 for selling a TIMalerts monthly subscription plan…oh yes, that’s $7 each month for as long as that person subscribes and judging by the happy emails so far, there’s a pretty high chance of that being some nice passive income for MySMP for quite some time to come.
And they did it by placing this banner front and center:
I know, I know, it’s not that big news, but when you’re ambitious as I am–partly believing–screw that, try totally believing–TIMaffiliates to be the next Mary Kay (but without the fraud and lies, right TC?)
I encourage all you bloggers and website operators to sign up for TIMaffiliates, 25% commissions on everything (see detailed rundown HERE), the banners are pretty sweet and lord knows I’m gonna promote the sites that perform well, kinda like I promote those PennyStockers like Tony Ellis and Mike The 13th that do well in trading. In fact, soon there’ll be an entire blog dedicated purely to the TIMaffiliates so I can answer any and all questions, cover tactics and strategies, exactly like I do for PennyStocking itself!
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Say Hello To The Most Popular Member On Covestor: Timmay!
Posted by timothysykes on Fri 20th of Jun, 2008 10:51:27 AM Sponsor Offer:
Covestor: Timmay, are you ready for this, champ?
Timmay: I’ve been ready for this my whole life!
Covestor: Then you take us out of the dark ages.
Many said it couldn’t be done. A trader who focuses on penny stocks? A penny stock day trader? A penny stock day trader whose specialty is short selling? Total niche strategy.
And yet just one day after Covestor opened up to everyone, I am now the most popular trader/investor (see rankings HERE) and by a healthy margin. Disney is even thinking of making a movie based on my life with Jon Favreau as my chubby by lovable best friend Eddie Z.
You can track my trades by following me HERE…usually same day, if not 1 day behind…technology is still new…or get real-time trade alerts, within seconds of my actual executions, emailed to you by signing up HERE
When Covestor called me to honor me with the top spot, I blurted out “I wanna prove to everybody…” but Covestor interrupted and said:
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Special Friday The 13th Marathon LiveStock Show Between 9AM-5PM EST
Posted by timothysykes on Thu 12th of Jun, 2008 05:25:27 PM Sponsor Offer:
Yup the rumors were true…tune into LiveStock all day tomorrow to help celebrate the demise of leverage loving financial firms everywhere and of course Friday the 13th!
This is gonna be the craziest 8-hour one-man finance show in the history of 8-hour one-man finance shows–not that I have a whole lotta competition. We’ve got some special guest appearances from pseudo-celebrities and financial people, a lot of cool stuff planned (aka none) and some refreshments to make things get a little whacky….I’m just prayin’ there’ll be some trades or else this could really suck. Just kidding no Livestock could ever suck nor could it ever be brought down to the ind numbingly boring/inaccurate level of CNBC–I think I really just need a hot cohost…you guys know anyone who might be interested, contact me (seriously!)
More importantly, contact me if you’re gonna be in the SoHo area of NYC anytime tomorrow, feel free to come on the show with me, I don’t care who you are, sissy value investor, PennyStocker, whoever…we’ll chat about stocks…just be sure to let me know ahead of time as we have a schedule…somewhat!
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Audio Version Of An American Hedge Fund Now Available On Audible, iTunes & Playaway!
Posted by timothysykes on Wed 28th of May, 2008 03:17:41 PM Sponsor Offer:
That’s right, if you enjoyed reading my book An American Hedge Fund, you’re gonna love its audio version! It was actually quite an adventure getting it made as I solicited dozens of voice over artists, finally settling on this guy Brett Barry, who did an incredible job with my book. Have a listen to a sample from the first chapter:
CLICK HERE TO LISTEN TO MY SAMPLE
Clocking in at just under seven hours, the story will obviously pump you up (especially the first half…before reality sets in), but mixed in with this guy’s soothing voice, well, it’s something definitely worth checking out.
There’s several ways to purchase this audiobook–you can download it on iTunes for $15.95 (I have no link…can you even link directly to something on iTunes?), Audible for $17.47 and even if you don’t have access to an mp3 player (what are you, the Unabomber?), you can even purchase this audiobook
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PennyStocking Success Means New Website Features: Quotes & Chat
Posted by timothysykes on Tue 27th of May, 2008 03:30:08 PM Sponsor Offer:
Congratulations to PennyStocking!
It started out late last year with me starting this blog, rambling on about how penny stocks were more predictable than regular stocks and that if I could turn thousands into millions in just a few years, everyone else can too–particularly because I’m not even that great at it! Since this was a rather remarkable concept, I pledged to repeat my feat, to prove to everybody what kinds of profits were possible. Some people believed me, but most didn’t understand what the hell I was talking about, choosing to write me off as just another snake-oil salesman.
Now, just six months later, when there are daily posts from PennyStocking students like Webster making $900 per day and JeffMoates making $10,000 over the past month, I’m filled with pride. People are starting to realize this ain’t no BS marketing scheme and I ain’t no snakeoil salesman, this is real and I’m your crazy yet experienced guide.
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Welcome To LiveStock, The First Truly Interactive Financial Show, Whatcha Think?
Posted by timothysykes on Sat 24th of May, 2008 02:17:53 PM Sponsor Offer:
Yesterday, as many of you were either banking or losing, depending on your skill, on the glorious volatility of PennyStocking plays SINO, MXC, FPP, PDO and ROYL (yes they are higher priced, but that don’t mean they ain’t gonna come right back down to where they belong…eventually), I was planning for and filming THIS test episode of LiveStock, the first real-time interactive finance show that will complete my transformation into Cramer 2.0.
A big thank you to those who joined in—this was just a rough draft, but I’ve got the go ahead to make this a weekly…possibly even a daily show…so let’s get it onnnnnn! If you have no idea what I’m talking about, check out the replay of the show below—it should pop up immediately, but if it doesn’t, you can click the “on demand” button in the video player and you’ll be able to watch the show from the beginning.
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My First Yahoo! Finance / TradingMarkets.com Article: How To Short Sell Pumped Up Penny Stocks
Posted by timothysykes on Wed 14th of May, 2008 03:20:53 PM Sponsor Offer:
Check it out right HERE. You’ll discover that when you write a brutally honest piece like that—without pay or motives considering I’m not short any of the stocks mentioned nor do I know anybody who’s short—you’re not gonna make too many friends in this joke of an industry. Especially down here in the gutter of the stock market.
Big whoop, I have too many friends already—it’s more fun to write for honesty’s sake, helping the unfortunate suckers who aren’t as experienced as me. That’s my business model and it’s gonna piss off a lot of the people who earn their livings by preying on those amateurs. Deal with it. If I do my job right, penny stocks and microcaps will become infinitely more popular because people will understand how to play the game.
Think of it as cleaning up SoHo so we can build all these nice shops and attract tourists in our neighborhood for once. I’m not trying to get rid of the manipulation—that’ll never happen—just trying to explain it so people can profit from it.
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The Timothy Sykes / A Sponsor To Be Named Later College Tour 2008/2009
Posted by timothysykes on Wed 7th of May, 2008 03:18:03 PM Sponsor Offer:
After testing out my out my public speaking skills at University of Arizona, Rutgers University, University of Minnesota, Baruch College and Options University’s Online Trading Expo and receiving loud rounds of applause, more than one standing ovation and some great feedback (which you can see below), I’m ready to plan a national speaking tour! Students from the University of Maryland and University of Florida have already contacted me, but I wanna make one massive list right here so I can show sponsors and be all organized…somewhat.
So, if you’re a college student, frat brother, president of college/high school organization, basically whoever is part of some big community whose minds I can warp, leave a comment below so we can put this thing together, either gonna be in Fall 208 or Spring 2009!
Here’s just a sampling of the many testimonials:
“Attracting a diverse crowd of students from the University of Minnesota with varying levels of interest in Finance, Tim’s story kept everyone on the edge of their seats and asking for more. His casual demeanor, hysterical life experiences, and avant-garde trading style were both eye opening and entertaining. Overall, students left feeling inspired and motivated to learn more about finance as a hobby and potentially a career. Definitely a breath of fresh in the world of investing.”
-Dan Rice, President, University of Minnesota Investing Club
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Welcome To The New TimothySykes.com, Kinda Like Super Shredder
Posted by timothysykes on Thu 1st of May, 2008 12:13:53 PM Sponsor Offer:
Welcome to my new website! Check out the official PR…this is three months of hard work baby and its really brought me back to my pyramid-building days…tons of cool features—por ejemplo, click and drag on any of the sections like TIM101 and you can rearrange their position to suit your preferences, vertically—for now
[poll=5]
Understand this is just the ground floor because as you can see, there’s a dozen+ projects goin’ on here, all in an effort to make this stuff more fun, understandable and ultimately help you become more profitable. Over the next few days and weeks, I’ll be going over each new section in detail, but for now, here’s a little breakdown of everything:
Bucks
Rewards for your thoughts—now every time you post or comment you get a TIMbuck, talkin’ with sponsors of all sorts right now, we’ll have a whole list of goodies shortly, wouldn’t it be cool if you post a good pick, and everybody profited and gave you so many TIMbucks that you could cash in your chips to get 50 free trades from GFT? That’s the plan anyway…
101
Where Real Traders Begin—you know all those beginner-type questions? Yah, they all get answered here, got plenty of articles in the works, everything from reading level 2 and my fav. books for beginners to…well, stuff like that…also you can see ALL the details of my trades, good and bad, I wish everybody in this industry would do
Reads
Reading is FUNdamental—bringin’ my whole library back to 1 page, only about a quarter of them on there now, good things take time
Reviews
The toughest critic around—no more 1-2 line answers, name any US stock and I’ll do a full analysis-technical, fundamental and everything else—for $20/ticker, for entertainment purposes only of course (happy you SEC bastards!?!?!), let’s see how this goes
Tv
Real. Fun. Really Funny—just the beginning, got soooo many ideas, just gotta clone myself to find the time to film them all, new clips—not necessarily just me—will be rolled out each day, stuff that’s gonna make you laugh, cry and most importantly, occupy you so you won’t be tempted to trade every damn pattern!
Terms
Nothing but the truth—an accurate financial/trading glossary, not like the one put out by those morons at Investopedia who say it’s impossible to short sell penny stocks and cannot account for my existence or my profits
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TIM 6 Month Review: Earn 47% While The Markets Drop 10%
Posted by timothysykes on Thu 1st of May, 2008 02:57:15 AM Sponsor Offer:
Yup, that’s right, tiny, loud mouthed, mistake-celebrating TIM just busted a cap in the ass of the joke that is the financial industry by implementing my own brand of PennyStocking, or short selling penny stocks, a niche that’s supposedly random/akin to gambling and according to Forbes’ oh so popular Investopedia, in their definition of short selling, impossible to short sell! Screw them, the graph below says it all:
Maybe in the future more attention will be paid to this accurate definition of short selling—written by somebody who’s made millions from this strategy instead of some wannabe who’s just the latest journalist joker…you guys remember Sri, the theater major over at CNBC (fired yet?) and TheStreet.com guy who wrote about a product the company had already sold (fired yet?)! How could we forget—after all, their jokes have been very profitable for me and my readers.
Sorry, I digress—my blood is boiling from the amount of misinformation out there—this is a time for celebration and review. After all, while I made plenty of mistakes, a 47% return in 6 months is something to be proud of. So, take a look at all the most important posts during this journey, I promise, no matter what Investopedia says, this strategy is alive and well, legal and learnable (and to you haters, just wait until you see what I can do when I no longer have to deal with the pattern day trader rules, I plan my speaking schedule better and I’m not building a revolutionary new website…when TIM reaches $100k, it’s gonna be damn fun shutting you up as I make $50k+ in 6 months):
Successes:
Shorting Into A Factually Inaccurate Article
How I Made An 8% Return Before Lunch
How I Made 25% Just By Holding A Distinct Pattern Overnight
Why My Strategy Works Even For Stupid People
God, I Love Short Selling Penny Stocks!
Failures:
