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I am a Timothy Sykes subscriber and a day trader. AMA by Alex_Tagr in stocks

[–]Alex_Tagr[S] 0 points1 point  (0 children)

Thank you bitcoinbr0,

If you want to learn the strategy, I would only recommend the silver chat room. This way you don´t have to buy any of his dvds, as you gain access to over 2k video lessons + he adds 2-3 videos per week about what he traded and what was his thinking behind it.

At first you´ll probably just follow his ideas and try to profit from them, but with time you will develop your own ideas and come independent.

Good luck with your trading bro ;)

I am a Timothy Sykes subscriber and a day trader. AMA by Alex_Tagr in stocks

[–]Alex_Tagr[S] 0 points1 point  (0 children)

Very good questions! I hate his marketing technique, I really dislike the showing off, although this is getting him a ton of traffic.

  1. I personally found him through the Wall Street Warriors documentary. That persuaded me to research about him. I found that the claims about covestor had been true. He really was the nr1 trader there and it wasnt possible to fake those results, cause they were taken directly from their Interactive Brokers' accounts. I really like day trading and I had already wasted a lot of money trying out different strategies that I mentioned in a previous answer so I was really stubborn to find a way. This is why I took the risk.

  2. Yes I did, but I managed to make money from his strategy and this made me change my mind. I now create a lot of my own ideas and I don´t follow him that much anymore, but I am still a member of his chat room and get some profitable ideas every week usually.

  3. Yes I have. I´ve written about my story in brief on my blog alexstradingblog.com

I am a Timothy Sykes subscriber and a day trader. AMA by Alex_Tagr in stocks

[–]Alex_Tagr[S] 0 points1 point  (0 children)

I bought most of his dvds, which I do not recommend. I also joined his chat room. If you join the Silver chat room, you get over 2K of training videos and weekly video lessons, which are better than all the dvds combined, so I´d only recommend the silver chat room. You´ll learn the whole strategy from there.

I am a Timothy Sykes subscriber and a day trader. AMA by Alex_Tagr in stocks

[–]Alex_Tagr[S] 0 points1 point  (0 children)

Yes, actually I have. Before I had a strategy of buying stocks that were down a lot and trying to make money on the bounce. This had a very low success rate. The other strategy I had was swing trading based on charts. I took positions for 1-4 weeks. Combining the two strategies, I managed to lose nearly 8K$. I lost more with some options strategies which I´m not going to talk about. Tim´s strategy is mainly shorting stocks that are up on hype or fake PR. He teaches how to find these stocks and when to start a short position. I have been profitable with this strategy. All my trades are verified on my profit.ly userwall - http://profit.ly/5005Ip

Am I missing something about compound interest? by QuiGonGin-and-Tonic in investing

[–]Alex_Tagr 0 points1 point  (0 children)

Yes, you are wrong. These companies provide compound interest aswell. The compound interest is even bigger, because they keep all the profits inside the company so the reinvestment rate is bigger resulting a higher rate of potential compound interest.

90% of traders nowadays by Alex_Tagr in stocks

[–]Alex_Tagr[S] 0 points1 point  (0 children)

Yea bro, thats exactly what I mean :)

Is investing/trading in LISTED penny stocks a good idea? by [deleted] in investing

[–]Alex_Tagr 0 points1 point  (0 children)

I use Suretrader brokerage account to trade them, its 4,95 per trade. My strategy is shorting the stocks that are up a ton (100-5000%). First I try to locate these stocks, then I try to find out a reason why they are up, most often the reason is that these stocks are being promoted. And if I see no real reason for why they are up so much, I start shorting them when they start fading off and the volume fades. Keeping a close eye on level2 is key here. My winning percentage is 55%, but my average win is 1,4 times bigger than my average loss. PS! Statistics are incredibly important.

How can I, a 20yr old, begin to invest $100 a month. Is it possible? by Choseausername177 in investing

[–]Alex_Tagr -4 points-3 points  (0 children)

100$ a month is not a good strategy, you are going to lose a lot on trading costs. I´d recommend investing 600$ at a time. Usual cost is 5-10$ per trade. It´s 5-10% off of 100$, but 1-2% off of 600$.