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]
Now that was a worthwhile Sykes post
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!
LOL Funny Stuff!
Train wreck caught on 70mm slow motion capture.
This guy is a piker, DB only helps to spread the disease.
Sykes is a fungus, he grows on you
clearly he has grown on Bess
Not defending Timmy here, but trader monthly is a joke of a magazine.
We are not a joke of a magazine, we are the world’s leading journalists covering the trading profession!
I like Trader Monthly. They interview interesting people.
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.
you should consider not being a douche bag and realize that this is funny, if you don’t take yourself so “seriously”
I admire what Tim has done. I think the people criticizing him are jealous anti semites.
Hey, Not Tim Sykes, hahahahahahahahahahah
ha! Idiot
heard sykes is a transexual. can anyone confirm?
Haha I’ve got the bitches saying my name…
If people were jealous of Timmy for his “success” and that he is Jewish then imagine the hard-ons for Dan Loeb.
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…
Tim sux
I hate my brother
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…
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
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.
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.
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…
Tim might not be very smart, but he’s not as dumb not as as you guys who try to rip on him
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.
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.
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 .
How is Sykes a failed trader? Isn’t he only down 30% or so–that doesn’t seem so bad
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.
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……
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.
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?
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.
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.
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?)