TIMCharts

Off the top, I’m very impressed with the new layout of TimothySykes.com

Sykes constantly receives criticism that he never reports the negative trades, where his subscribers actually LOSE. The naïve antagonist clan purports that Sykes embellishes his gains, disregarding any mention of bad trades. Today, TIMCharts offers a rebuttal to those critics.

I’m not going to post a chart to show you how Sykes lost $1,500. Let’s acknowledge it at face value. Not to mention, TIMalert Subscribers also posted losses of $1,700. As part of next week’s Weekly Performance Chart, I will show you the negative impact of Monday’s trade. Sykes’ transparent trading methodology represents a unique niche in the marketplace. Rarely do promoters and traders acknowledge their mistakes.

90 percent of traders lose money on a trading. Sykes is human, and every so often, he’ll join the 90 percent field. However, his discipline and research expertise has also helped him grow 139% this year.

Here’s an excerpt from today’s TIMalert:

BioFuel Energy Corp. (BIOF) didn’t break down at the market open and it squeezed shorts bigtime…I thought I was out safe and sound, but forgot about 7,000 shares short in another account…classic newbie mistake, very sad, but it happens…lost $1,600ish…for those who don’t like to short sell, my buy to cover turned out to be a great buy signal for a 20% gain over a few hours…works both ways, PennyStocking Part Deux DVD students know failed morning panics can easily turn into morning spikes, learnnnn to adapt and even flip positions from long to short or short to long if key resistance/support levels hold.