21 y o ; 12 000 -> 1 million

Timothy Sykes - Wikipedia, the free encyclopedia

Secret to Success - Tim Sykes

So wassup guys ? what about your " get rich slow " scheme ? how come this kid turn 12k into 1 million and got a goddamn lambo at 21 while you guys are struggling for years ?

There will always be extreme examples in any area of life, that surely does not mean that the majority are failures purely for falling somewhat short of the achievements of the exceptional?

While his wikipedia entry doesn’t mention it, Tim Sykes ended up blowing his hedge fund some years ago.

Failed hedge fund manager tries again on Internet

Now we all experience failure and I’m not saying Tim Sykes is a bad trader or anything. His strategy looks legit, but he has that kind of wild personality that seeks volatile returns.

Wow, behind Investimonials and Profit.ly too. An impressive track record for a young guy…

LOL you wont find that kind of people hanging out in forum and definitely not in here.

Actually you’ll find Timmy trolling on Youtube. :smiley:

from what i know from several years ago before he blew up. Its looking for volatility spikes in penny stocks and fading the move. So he is trading basically illiquid instruments, that have high volatility as it is, then waiting for even more volatility. So yes its a volatility seeking price fades strategy. Can it work sure, but i haven’t heard much about the barmitzvah money trader in many years.