Maybe some of you have heard of this guy around the internet. He took his bar mitzvah money of a little over $12,000 and turned it into $1.6M trading stocks. Yes, that’s MILLION people…trading penny stocks no less. Then he started
a hedge fund out of his apartment.
He has done several video spots on the internet and has been featured on countless websites and in magazines. Apparently his fund hit a major drawdown because of one illiquid position and he is still working on trading himself out of it. However, in the meantime he has been focusing his energy on parlaying his trading success in to a media career.
There is a lot of criticism around the internet about his shameless self promotion but I think it’s brilliant. I think those people are just haters. I don’t know Tim at all, but he strikes me as being an open and honest guy who loves trading and just wants to have fun with it. I love trading too, but it can be such a dry endeavor, filled with numbers and people in suits and ties. Let’s liven it up a little!!
Check out his site for some of the links to his videos: www.timothysykes.com. My favorites are when he brought models on CNBC to show stock charts and his spot on MSN “Don’t Drink and Trade.”
Most of the professional traders I have had the privledge of knowing are incredible characters and Tim is no exception. Check out his book and the TV show he is in:
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