SS7: Historical Stock Market Swings, Expensive NYC Rentals, The $10,000 UMOO/TIMalerts Challenge & More - Timothy Sykes

SS7: Historical Stock Market Swings, Expensive NYC Rentals, The $10,000 UMOO/TIMalerts Challenge & More

Great look at historical market swings

$10,000 one-week trading challenge for TIMalert subscribers only, gotta sign up for TIMalerts before you can enter!

John Chow likes my stock tip.

Gotta thank my sponsors:

Umoo.com

Beacon Equity Research

SpeedTrader

Thinkorswim

Internetsubmitter

My interview with WSF

20 most expensive NYC rentals

Two solid penny stock chatrooms combine!

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one comment

Timothy Sykes

Hey Everyone,

As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!

Which is why I've launched my millionaire challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.

So when you get a chance make sure you check it out.

PS: Don't forget to check out my free Penny Stock Guide, it will teach you everything you need to know about trading. :)

  1. Funterpwave

    Seems like if you live in Maryland, like I do, you cannot sign up to the UMOO website, hence cannot join the challenge… Dont understand why, but there are only 35 states that can be selected.

  2. Funterpwave

    Seems like if you live in Maryland, like I do, you cannot sign up to the UMOO website, hence cannot join the challenge… Dont understand why, but there are only 35 states that can be selected.

  3. Alex

    The problem with these virtual trading games is that they don’t really model the market that well. It’s pretty much impossible for them to account for real trading dynamics such as slippage, brokerage-dependant factors like short share availablity, difficuly in buying large blocks at ideal prices. In these games you can easily “cheat” by say, trading penny stocks in totally unreasonble sized lots or shorting stuff that would not be available to short in the real market.

    I think the best way to make these as realistic as possible is to only use opening and closing prices (i.e. no day trades) and limit the size of trades based on the average daily volume of the stock (i.e…if the stock trades less than 100K, limit size of lots to 1K). The issue regarding shorting is difficult to program, as that is largely broker-dependent.

  4. Alex

    The problem with these virtual trading games is that they don’t really model the market that well. It’s pretty much impossible for them to account for real trading dynamics such as slippage, brokerage-dependant factors like short share availablity, difficuly in buying large blocks at ideal prices. In these games you can easily “cheat” by say, trading penny stocks in totally unreasonble sized lots or shorting stuff that would not be available to short in the real market.

    I think the best way to make these as realistic as possible is to only use opening and closing prices (i.e. no day trades) and limit the size of trades based on the average daily volume of the stock (i.e…if the stock trades less than 100K, limit size of lots to 1K). The issue regarding shorting is difficult to program, as that is largely broker-dependent.

  5. bobbymapp

    I signed up to UMOO a couple of weeks ago, but only played once. Only thing available are s&p 500 stocks like Tim said. Kind of pointless to what we do here.

  6. bobbymapp

    I signed up to UMOO a couple of weeks ago, but only played once. Only thing available are s&p 500 stocks like Tim said. Kind of pointless to what we do here.

  7. YoungGunz

    Yeah it doesn’t relate to penny stocking but hell its a contest to try and win some real money. There are 800 plus alert subscribers. Lets say 25% actually enter the contest. Thats pretty decent odds for winning $10,000.

  8. YoungGunz

    Yeah it doesn’t relate to penny stocking but hell its a contest to try and win some real money. There are 800 plus alert subscribers. Lets say 25% actually enter the contest. Thats pretty decent odds for winning $10,000.

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