Catching Elephant is a theme by Andy Taylor
What’s going on in this chart you might ask? Well, by May 2008, Tim’s original transparent account, ThinkorSwim had begun to pick up momentum. 6 Months removed from the November 2007 startup, the value of the original $12,415 was now worth $18,284. So that represents our starting point for both the TOS account and the S&P.
The summer months of 2008 proved life changing. The market officially plummeted that summer and STILL has not recovered those losses, while Sykes literally went viral.Through the end of day on May 20th, the TOS account was valued at $134,996, up 638%. The S&P would now be valued at $14,714, or down 19%.
So, how did Sykes do this? While the longs and retirement funds were left holding the bag, Sykes was reaping huge profits. The DVDs are the secret sauce, and by giving just ONE of these a chance, you have as good a shot as any to replicate Tim’s success.