Stock Operator Timothy Sykes on "An American Hedge Fund"

[amillioncars]

Thanks tim

[dalnovak]

You know what would be really funny...a bus load of hedge fund betters going off a cliff. What would be twice as funny....a second bus load of hedge fund betters going off a cliff. What would be both ironic and funny at the same time...they just filled both buses up with gasoline.

[marklung]

WHY Is this clip so short?! The interview definitely hasn't ended yet right?

[CosmoHunter24]

The bond trader didn't have much of a part. I would have liked to see more of her story.

[chasbo13]

all these people are wannabbees

[dflores1]

Does anyone know what music is playing for this piece?

[cameron6136]

Sykes' Cilantro Fund Partners hedge fund collapsed amid heavy losses.

[timothysykesdotcom]

@cameron6136 lost 35% when i got away from my core trading strategy, the fund finished slightly up over 4 years, not exactly collapse

[marklung]

@timothysykesdotcom Hey Tim, I'm new to your products and have just bought PennyStocking part deux. Anyways, I hope you can post all of your interviews on your own youtube channel so it's easier for people to see! You're such an interesting and funny guy to watch on DVD. Congrats on all the success!

[timothysykesdotcom]

@marklung awesome, looking forward to having you learnnnnn!

[marklung]

@timothysykesdotcom WOW you actually reply to your youtube comments? That's so awesome. Anyways, I wanted to ask about how many Covestor subscribers have opened a mirroring account to your Contra-Hype model in Covestor. Your track record is so impressive! I'm really tempted to do the same but $80k seems like a lot of money.

Also, your Covestor account only tracks/handles trades from Interactive Brokers right? Where can I see your other trades made maybe in ThinkOrSwim etc.?

[marklung]

@marklung since you talk about using multiple brokerage accounts to get over the 3 trades/week rule. Also, what is Annualized SI? I've googled but couldn't find the answer haha. Thank you very much for responding!

[timothysykesdotcom]

@cameron6136 actualy we only lost 35% and still finished up a few percent/year on average over 4 years, i only closed it because there was greater opportunity in teaching...please stop with the misinformation

[afurrypanda]

I agree three million is rather small compared to other funds. Hedge funds are the reason why we are in an economic recession blame them. credit derivatives what a genius idea they thought, but they thought wrong Good idea i suppose, but i guess as usual greed conquered common sense.

[breon31774]

OK

To all dumping on Tim

When did you make your 1st $Million???

I made and lost my 1st $Mil by 25

Then before my 31 B Day

I am at $2.8 Mil

Until you can answer that?

SHUT UP

[chasbo13]

wow 2.8 million, youre awesome... can I fuck your ass?

[timothysykesdotcom]

@breon31774 i made my 1st million at 22 and only lost 1/3 of it, now i'm waaaay over it, up 197% in 2008, up 141% in 2009, 42% in 2010 so its you who should shutup, yeahhhhhhh

[sfsTrader]

@timothysykesdotcom hey tim, im about to read your "american hedge fund" book. on amazon.com its has a good overall rating but its kinda crazy how in the reviews some people give u a beat-down like Tyson. Your 'personality' in the book really pisses some people off!! :D its like they completely ignored the actual content. one of the haters thought you stopped trading years ago. kinda funny. im sure ill get something out of your book.

[timothysykesdotcom]

@sfsTrader yup, stock promoters trying to discredit me, i'd appreciate any honest reviews on amazon & investimonials!

[robrown1]

Go to UnifiedMarkets.

[bffb11]

@ blondie wanna be american

Und zu der dummen blonden arroganten hure....

tu mal nicht so als ob du irgend etwas an der wall street zu tun hättest! Du würdest doch mit jedem ins bett steigen der macht und geld hat.

[30percentplusreturns]

These people know nothing about making money in markets or picking stocks and investing. All they try to do is raise capital. Thats not investing. Its swindling. That hot chick knows nothing about stocks or shall i say, buying businesses. What a joke. The whole industry is loaded with a bunch of kids who think they know what they are doing.

[timothysykesdotcom]

only problem with your thesis is i turned $12k into $2mil on my own and am up 150% in the last year...next time, u best do research before u post

[bffb11]

U should decide how u want to sell your lies.. don't say oh I made out of 12k - 900k and then in the next interview i made out of 12k - 1.5mil and now all i hear lately is 2 mil???? I am very impressed by that - even if it was just luck because you traded in that awesome 2001 bubble.... but I have to say that I believe you mommy who said that you made out of 12k - 900k. And if you really were that much of a super talented trader then you would be way too busy for writing books and shit

[costamesa22]

Not to come across as arrogant but to put this into perspective to those of you who are not in the business three million dollars in capital is a rather nominal sum to be managing a fund. A finincial advisor in private practice ( ie a Finincial Advisor who works for Morgan Stanely, Wachovia Securities, Merrill Lynch ect.) who i would deem as one who has made a sound living would typically have a fifty million dollar book of business on the more conservative end.

[sovsel]

observer855 got it right. He made his money trading in small caps but he couldnt crack it as a HFM (pretend HFM).

If he could he would still be HFM instead of bitching about the industry. sour grapes.

[timothysykesdotcom]

correct, but for the same reasons i failed a hedge fund manager make my trading strategy ideal for smaller investors and traders...go to my site and see that

[veronicastatler]

Tim's the real deal observer855

[observer855]

First off,Tim Sykes was never a "Hedge Fund Manager". His company had almost 3 mill in capital, over 2 mill of which was his own, the rest was mostly his parents and a few relatives. If you don't even have 1 million of outside capital, you cannot call your company a "hedge fund". That's like me playing basketball on the local playground-then telling everyone I'm a professional basketball player. If Tim Sykes is a hedge fund manager, then so is EVERY PERSON WHO MANAGES THEIR OWN IRA ACCOUNT!!

[scottyyang25]

Exactly, it's odd I really wouldn't listen too much to him. It's like who would you take advice from if you want to make it in the NBA? Micheal Jordan or someone who played high school basketball for his JV team 20 years ago and didn't quite get a B-ball scholarship? Easy question...

[rachelraydonut]

Timmy's a bit hyper but he could be my broker, especially in this market!

[haobio]

Bizaare

[iamthewitness]

satan worshipping, mammon loving, sons of perdition, your lot is in the lake of fire for eternity

[PattyHolden]

Loved this series