Several death threats have even been sent to Timothy’s EliteTrader account and Trader Monthly magazine has come out in support of these disgruntled traders. In fact, Trader Monthly’s president told us that Tim is “a burnt out trader with no practical skill.” When Hedge Funnies asked why he should be put to death for this fact he told us that Sykes “was very, very disrespectful to his mother on national TV and even referred to his own religious views with negative connotations! Is this someone who deserves to be attending Trader Monthly parties? No. In fact, we believe that he shouldn’t even be breathing.”
Tim Sykes makes a startling announcement [Hedge Funnies]
Posted by AJ , Oct 23, 2007 12:06PM
Now that was a worthwhile Sykes post
Posted by , Oct 23, 2007 12:19PM
that guy is a douche too, not long since his magazine is celebrating timaaaay as one of the 30 best traders under 30, now he is a burnout with no talent all in a couple of months?
i'm not even sure who's worse here!
Posted by JK , Oct 23, 2007 12:29PM
LOL Funny Stuff!
Posted by , Oct 23, 2007 12:46PM
Train wreck caught on 70mm slow motion capture.
Posted by Anonymous , Oct 23, 2007 12:52PM
This guy is a piker, DB only helps to spread the disease.
Posted by Anonymous , Oct 23, 2007 1:04PM
Sykes is a fungus, he grows on you
Posted by , Oct 23, 2007 1:11PM
clearly he has grown on Bess
Posted by anon , Oct 23, 2007 1:33PM
Not defending Timmy here, but trader monthly is a joke of a magazine.
Posted by TM , Oct 23, 2007 2:45PM
We are not a joke of a magazine, we are the world's leading journalists covering the trading profession!
Posted by , Oct 23, 2007 3:07PM
I like Trader Monthly. They interview interesting people.
Posted by seriously , Oct 23, 2007 3:11PM
seriously, does this guy pay you for promoting him? You are losing credibility as a real source for news, opinion, and even entertainment by constantly running stories about him. You should consider dropping it.
Posted by , Oct 23, 2007 3:14PM
you should consider not being a douche bag and realize that this is funny, if you don't take yourself so "seriously"
Posted by Not Tim Sykes , Oct 23, 2007 4:20PM
I admire what Tim has done. I think the people criticizing him are jealous anti semites.
Posted by inIT4the$ , Oct 23, 2007 4:51PM
Hey, Not Tim Sykes, hahahahahahahahahahah
ha! Idiot
Posted by seriously , Oct 23, 2007 4:55PM
heard sykes is a transexual. can anyone confirm?
Posted by IF*ckOnTheFirstDate , Oct 23, 2007 5:14PM
Haha I've got the bitches saying my name...
Posted by balleronabudget , Oct 23, 2007 7:55PM
If people were jealous of Timmy for his "success" and that he is Jewish then imagine the hard-ons for Dan Loeb.
Posted by Ben Stein , Oct 24, 2007 6:38AM
Wow, I did not know that freak Sykes was that desperate to sell that shitty book/dvd....he must not be selling much of that snake oil crap....
....next he will be selling special "favors" at truck stops...maybe he will be a successful gay male prostitute...
Posted by Anonymous , Oct 24, 2007 9:45AM
Tim sux
Posted by Ben Stein's Evil Brother , Oct 24, 2007 12:59PM
I hate my brother
Posted by AJ , Oct 25, 2007 7:13AM
Sorry Tim but your book/dvd are overhyped and embarassingly bad!!
It is sad that you are a failed fund manager now trying to be a book/dvd salesman...
..maybe you should go back to college and develop real skills...
Posted by Daniel Jimenez , Oct 25, 2007 10:52AM
I realize that running Sykes as Young Money's cover story has caused some controversy so I've tried to address those issues in my latest blog post at http://www.youngmoney.com/blog.
Daniel Jimenez
Managing Editor
YOUNG MONEY
Posted by , Oct 25, 2007 11:40AM
Daniel,
Timothy Sykes is a con artist. His knowledge of capital markets could be written on a post-it note (the small kind). If you have half a million college students day trading during a bubble market, then at least one will turn $12,000 into $1 million. Now, if you admire dumb luck then that's your business. But it is highly irresponsible to present this dart throwing monkey as someone who should be dispensing financial advice to financially distressed college student, as you have done. You fucked up in your role as Managing Editor and now you are trying to control the damage by rationalizing your poor decision on your blog.
Posted by Fred R. , Oct 27, 2007 1:47PM
Sykes book is NOT a classic, but rather a way for Sykes to make excuses and money from his failures.
Sykes horrible book is not worth $20.
Posted by , Oct 27, 2007 3:47PM
What a pathetic joke Sykes has become from failed hedge fund manager to “SPAM aliases” to sell his snake oil crap…
…I agree with your family Tim, those people in your family who know you best do not trust you with their money, and neither should anybody else…
Posted by TJ , Oct 27, 2007 6:10PM
Tim might not be very smart, but he's not as dumb not as as you guys who try to rip on him
Posted by TimsOK, but BookVeryBad!! , Oct 28, 2007 12:59PM
I read Sykes mediocre hedge fund book since I knew him at Tulane, and like him as a person. However, the book is an empty and uninspiring story about how Sykes became a self-absorbed irresponsible stock trader. This book is NOT a “classic” and story is NOT “Rocky-like”(as author Sykes claims). This book is basically like a blog of an average person who got lucky trading stocks and then his luck ran out (which it really should be - blog and nothing more).
Beware of all the phony glowing reviews for Sykes Book. Its the good ole boy network in high gear where authors/investment advisers use the buddy system to give fake good reviews to each other.
Sykes put the term “stock operator” in title in order to confuse all future book searches for Jesse Livermore’s excellent story (Reminiscences of a Stock Operator, by Edwin Lefèvre (1923)). This cheesy trick might help book sales, but needless to say, Sykes has nothing in common with the great trader Livermore.
Sykes comes across like a hyper/immature/video game player-type Trader, which worked for him for a few years; then the law of averages caught up with him. His “return to the mean” continues during the past two years; and his very poor investment strategies are DOWN -37% since Jan 2006. His continuous bad performance throughout 2007 shows that he does not learn from his mistakes; and readers can only cringe while watching Sykes slow motion demise.
Posted by Raj , Oct 28, 2007 8:13PM
Guys, simple truth is that Tim's book is very well done, no matter how much hate spam you put up, people realize that. I've already recommended the book to several people.
Posted by , Oct 28, 2007 8:26PM
Isn’t it funny that many failed traders, like Sykes, turn into “trading authors or experts” that want to show you how to trade?
I think that’s the greatest irony of the trading “education” industry. “Those that can, do; those that can’t, teach.” applies here about Tim Sykes .
Posted by LOL , Oct 31, 2007 7:19PM
How is Sykes a failed trader? Isn't he only down 30% or so--that doesn't seem so bad
Posted by , Nov 02, 2007 12:47PM
Here is the real Timmay "Nov 1st thing":
Elite Trader, Information SuperHighway/by: hcour () November 1, 2007 -- Timothy Sykes stunned the ET community yesterday morning by opening a new thread about himself in the Announcements section of the popular internet trading forums. Rumors had been flying around for weeks that the young in-your-face publicity-juggernaut would be touting his latest entrepreneurial adventure come the first of the month. Always on the cutting-edge of self-promotion, Sykes went on to further shock the ET membership when he brazenly entitled the thread w/his own name and then, suprisingly, made the subject of the long post all about him, him, him.
ET'er's could not be reached for comment.
Timothy Sykes has appeared on tv almost as much as that puppy that Ellen Degeneres gave away and has made funny faces on the covers of numerous magazines that nobody has ever heard of.
Copyright © 2007 The Dis-Associated Press. All rights reserved.
Posted by SykesFamilyWantsTheir$$BackFromTim , Nov 18, 2007 7:52PM
We like Tim Sykes as a funny joke and self-parody.....(we all know he is a useless human being)...
..Main Problem for Sykes is NOBODY trusts him to manage their money anymore because he is a total complete "fuck-up"!
...even his family will not let him manage their money, so why should he be SPAMMING us with his shitty book/dvd......
Posted by , Nov 23, 2007 9:11PM
I read TIM Sykes mediocre hedge fund book since I knew him at Tulane, and like him as a person. However, the book is an empty and uninspiring story about how Sykes became a self-absorbed irresponsible stock trader. This book is NOT a “classic” and story is NOT “Rocky-like”(as author Sykes claims). This book is basically like a blog of an average person who got lucky trading stocks and then his luck ran out (which it really should be - blog and nothing more).
Beware of all the phony glowing reviews for Sykes Book. Its the good ole boy network in high gear where authors/investment advisers use the buddy system to give fake good reviews to each other.
Sykes put the term “stock operator” in title in order to confuse all future book searches for Jesse Livermore’s excellent story (Reminiscences of a Stock Operator, by Edwin Lefèvre (1923)). This cheesy trick might help book sales, but needless to say, Sykes has nothing in common with the great trader Livermore.
Sykes comes across like a hyper/immature/video game player-type Trader, which worked for him for a few years; then the law of averages caught up with him. His “return to the mean” continues during the past two years; and his very poor investment strategies are DOWN -37% since Jan 2006. His continuous bad performance throughout 2007 shows that he does not learn from his mistakes; and readers can only cringe while watching Sykes slow motion demise into a worthless snake oil salesman.
Posted by Ed S. , Nov 29, 2007 9:28AM
Ok, I just recently learned of this guy, Tim Sykes, and have visited the web site he set up and watched a few of his idiotic appearances on various news outlets such as CNBC. This is HILARIOUS.
Tim, if you are reading this, listen up:
Much of what I'll say is redundant but you know NOTHING about what you claim to know about. You are a rank amateur who has learned enough surface information about an industry so as to come across as being knowledgeable enough about it to teach to others. The only people that take you seriously are complete newcomers to this game that know next to nothing, because to a complete amateur you sound like you know what you are talking about. You have learned enough about trading to pretend and claim to have traded and that's about it.
Trading your parents money via an online retail account is not a fund, but is laughable. Your story is just that, a story. "I turned my 12k bar mitzvah money into 2 million". It reads like bad spam I get in my inbox but the journalists eat it up like cake. Your web site is hilarious because you are an enormous idiot and I will continue to visit it for free laughs. I wonder if you know how stupid you are or if you have truly convinced yourself that you have learned something valuable enough to write about?
Posted by Sykes Update , Nov 29, 2007 9:49AM
Update to the Sykes saga. He has been reported to the SEC for posting on message boards attacks against a company he made a short recommendation against on thestreet.com
How he swindled that side into giving him a podium is anybody’s guess. I imagine he fancies himself ala Jim Cramer, but where he tries to match Cramer in terms of bluster and self-aggrandizement he lacks Cramer’s obvious deep well of knowledge and ability to educate about the markets which is something Sykes cannot do. I hope Cramer knows Sykes used his site and then bashed the same pick on Yahoo and Raging Bull message boards immediately after to reinforce the chances of success for his short recommendation.
This kid is the sleaziest thing to hit the financial media in a long time and that is saying something.
Just say NO to Tim Sykes.
And if you haven’t already seen his now classic laughing stock of Wall Street series of emails published on TraderDaily.com go look them up. They are excruciatingly embarrassing.
Posted by Sykes: Overhyped and embarassingly bad! , Dec 01, 2007 1:03PM
Sykes hedge fund book = Overhyped and embarassingly bad!
I finished reading Sykes shitty book a couple of days ago and I wish I would have never bought it. It is the same old tired of story of a stock trader who makes money when the market is going up and then can't make money when his luck runs out.
I never thought of hedge funds containing penny stocks and microcaps before. This is really the story of Tim Sykes, arrogant failed trader who can't make money any more and is now trying to become a personality because his trading stinks.
Posted by Sykes: Needs New Job!!(any suggestions?) , Dec 01, 2007 9:02PM
Sykes:BadTrader/WorseWriter
Cheesy book NOT worth $20; NOT a Classic!
Tim, We like you as a person...OK, but the truth must come out! Newbies might actually think you have something worthwhile to teach them.
Sykes: Needs New Job!!(any suggestions?)