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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we need more posts like these :)
Like what? Short and to the point?
Basically trust no one.
This is a twitter sized post. Nice interview w/Sarah buy the way Tim..
Our servers are having issues this morning - hence the slow site. Will be back shortly in full steam..
When i read this post, my first reaction was… “no, can’t be THAT high”
But then i though about it some more and concluded most real companies that return to doing real business usually make it out of the $1-5 range. I can’t think of a real company with a good business model that has sat in that range for, oh, i dunno… more than 6 months? A lot of these frauds go down and stay down until some news/PR/Spam pumps them up and stirs interest.
I’d say you 90-99% is pretty accurate… but i’d lean more toward 92.73%
…also, It seems pretty common knowledge to screen stocks with a price above $5 to avoid pump & dumps.
Don’t be so cynical time, its probably only like 85%
Timmay
haha scotty ya little sack of shit, TIMalerts is bumpin, even when there’s no great plays, i’ve been doing this 10 years, u think i’m scared of any slowdown, haters, SEC, fucken anybody? nope. as long as i can prove my alerts/posts can make people $, i’ll be just fine. considering how pathetic the entire trading education industry is, its not even a competition, i’ve already won, some slow people like u just dont know it yet
Damn Scotty, Tim just gave you a D Eye Double S.
LiveStock is the ONLY live financial show…we need chat moderation, other than that its growing nicely each week…and just wait til we introduce more video clips, dont worry, people like u only motivate me more, fucken dumbasses used to stock picking shows with 500 picks that are totally useless. bring it bitch, i’m tim sykes u’re just some internet alias piece of shit
live interactive show that is…without chat moderation of course its gonna be messy, working with mogulus on that
Scotty, he seems to have work on it to get us some real interest to the game… Sarah Austin said she will show up.
http://pop17.com/
I’d rather have a show cut short and being honest then have a show full of bullshit, gossip, and hype like 90% of CNBC’s show schedule.
Finance and stocks at it’s core are boring. What makes it exciting is when there ara a lot of hot plays. Last week wasn’t very busy for plays that Tim likes to do so there wasn’t a lot of stuff to discuss. There were also a lot of shitheads in the chat that made it hard for the core viewers to interact. Hopefully that will change soon enough.
Did anybody saw the three white soldiers in MHGC or in CSAR ?
Independently from these being or not pumps and dumps,aren’t they supposed to go up tomorrow and if not could get out at first sight of weakness, just based on the chart?
I already got Tim’s answer saying MHGC is not a pump and dump, but independently from that, I want to learn some more as well. So anybody else with some TA knowledge let me know, I am still studying this 330 pages japanese candlestick book, and the weekend was no enough, maybe should take a few days off trading and complete it.
3 white soldiers is a continuation pattern from what I remember. So, getting short is not that good an idea. There can be a reversal short term but the mid term trend is bullish (from what the 3 white soldiers are supposed to mean).
MHGC looks stronger on volume and there is strong support at 15.
CSAR at 2.60-2.80 is definitely a short.
My watch list for tomorow;
IMDS, CHC, GDTI, BIOS, FRHV, RAMR.
None of them is perfect.
THKS Keops, you are right, I am long MHGC, not short
sarah austin is foxy, looking forward to her on livestock this fri.
Short HRP!
Somebody bought 167 900 shares of MHGC after hours at $17.00. This should help to hold the open.
MHGC great breakout
Jeez Tim, you sure have some serious haters… People with some aggression and revenge on their mind.
I guess i would be kinda pissed if i was too stupid to cough up 30 bucks for real time trading advice that might score me a quick 5-15% in one day.
Oh, and i decided after trying Tim alerts for about 2 weeks to go ahead and xfer $20k to my new TOS account. I’ll buy a year subscription and the DVD on my next trade.
I dont know what’s the deal with MHGC, I would be out of that thing for sure. There’s a kind of hype about it around here.
Im an Investment Banker
#27, how does it feel to be near completely useless?
Kinda dead here for us “passers by”
So a watchlist for us:
http://darksidetrading.blogspot.com/
Tim, you know I still love ya:)
Timmo, are you freakin serious with the “i’m tim sykes” psychosis?? Do you honestly have that much of a Napoleanic complex?? Wow, you are one insecure dude. There’s a bevy of EliteTraders that certainly are impressed with Tim Sykes—I haven’t seen that much hatred since the Nuremberg trials. But you are a funny one…about as funny as the waiting room at Sloan-Kettering. I’ll bide my time waiting for the implosion of TimAlerts…It’s only a matter of time before your lack of discipline dooms TimAlerts just like it did your so-called hedge fund. A million dollar hedge fund…man you’re a pisser TimTim. Adios amigos…
haha i knew calling myself in the 3rd person would rile up scotty and every other nitwit hater…tooo easy, i’m waaaay over the ego thing dude, now i just like playing off others assumptions…i dont give a shit whether elitetraders are impressed or depressed, they’re all failures or successes who’ve failed at taking this mainstream
I’m still wondering why a blog from a 13 y.o. trading with other people’s money made it into the “11 most popular penny blogs”
Oh wait, that was an ego-stroking link exchange post as payback for buying Tim alerts.
vento quit your bitching and start a blog…anybody who practices pennystocking and blogs about it gets on this list, so far u got nothing except some chatroom copy and pastes
Oof.. chatroom copy and pastes is what Mike_13 posts here, not me
exactly, u just bitch and whine, youre getting outclassed by a 13 year old
this is the guy who is outclassing me
(Jun 17-09:35) bizcboy13: whats new?
(Jun 17-09:38) bizcboy13: and good shorts today?
(Jun 17-10:03) bizcboy13: does anyone here play charts?
(Jun 17-10:51) bizcboy13: who here has timothy sykes dvd?
(Jun 17-10:51) bizcboy13: if u dont ur either poor, stupid, or lazy
(Jun 17-11:11) bizcboy13: any good short picks
(Jun 17-11:16) sent sound: bear
(Jun 17-11:19) sent sound: ambulance
(Jun 17-11:19) sent sound: ambulance
(Jun 17-11:19) sent sound: applause
(Jun 17-11:19) therumpledone: bizcboy13
(Jun 17-11:19) therumpledone: that’s annoying
(Jun 17-11:19) wpg: chill on the sounds!
(Jun 17-11:19) SlowPoke: i just put him on my ignore list
(Jun 17-11:19) lighter: what the hell
(Jun 17-11:19) GLOBALSS: kill him
(Jun 17-11:19) bizcboy13: good for u slowpoke
Oh wait, that is a chatroom cut and paste
I can see why you like him, he pumped your DVD in the chat
haha its funny to see all these lil bitches hatin on u timmy..last time i checked the point of wat we all do is to make MONEY! and so far we have all made $ thanks to you..so to vento and scotty shut the fuck up before tim crushes you with his wallet
who cares about my DVd, he coulda ripped it and i’d still feature him cuz he’s putting himself out there…the kid is annoying, he even knows it, and yet we come back to the same fact: he has a blog and you’re just a whiny little bitch who doesnt
just read ur book timmy buddy…fucken awesome book..i recommed it to every1..even you vento u lil fuck
so a blog > being in the chat for months trying to make good calls in real time… good to know
If only I put 3 articles on blogspot, I’d be good
Can you make your next post about the people who gave a 13 y.o. money to trade with
Olympiakos09, hello! Nice to meet you!
Olumpiakos09 is the reason people think you have fake aliases, he came along at the perfecdt time w/ $6 Timbucks and defended you like a trooper
By the way, I never thought you had aliases, but sometimes they imitate you a little too perfectly, like the way they all use ‘ur’ for ‘you are’ and call me ‘vento’ like you do instead of ‘johnny’ or ‘johnnyvento’ or ‘jv’
who knows, just a conspiracy theory
haha love the conspiracy theories, keep em comin
Another thing that is REALLY INCRIMINATING about the fake aliases: is the way the ‘new’ poster Olympiakos09 uses the word ‘fucken’ to insult me.
Here is a list of the times TimothySykes has used the word ‘fucken’ on his blog (partial):
28TIM Sykes
July 26th, 2008 at 7:05 am
new post, its fucken great:
http://www.timothysykes.com/ad…..oing-down/
18timothysykes
May 22nd, 2008 at 9:45 am
covered FPP inside of 5 minutes at $6.25, nice gain, fucken pissed i missed PDO!!!!!!
8timothysykes
June 12th, 2008 at 12:52 pm
yes rambone, 35% drops in 1 day are whats needed for me to make 7%
fucken awesome/useless posts we’ve got goin this morn
HAHAHA that is the worst excuse ive eva heard..because i used “ur” instead of “you are” im def tim sykes? ru blazed kid? the whole world uses shortcuts like that
thanks for hte kind words olympiakos, or wait are you me? lol, hmmm wonder why timalerts is growing so much faster, u free people are like eitetraders
How many other posters have used the word ‘fucken’ on this blog?
I CAN’T FIND ANY NOT ASSOCIATED WITH TIM, IF YOU CAN POST THEM HERE.
the multiple use of ‘fucken’ is much more incriminating. Try to keep up fake alias.
dude i dont use fake aliases, i’d be too scared to sign in and out with the wrong one! oh yeah and the fact that NONE OF THIS SHIT MATTERS ITS ALL ABOUT TEACHING PEOPLE TO PROFIT
and since tim has made me $$ thats all that counts..stop being mad @ the world johnnyv just cuz ur poor and a loser