Comments on: Timothy Sykes is full of bullship http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/ It may be cheap, but is it a Goode value? Wed, 03 Mar 2010 20:08:02 -0500 http://wordpress.org/?v=2.8 hourly 1 By: Is Jim Van Meerten Is The Dumbest Person In All Of Finance? http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/comment-page-1/#comment-1435 Is Jim Van Meerten Is The Dumbest Person In All Of Finance? Wed, 03 Mar 2010 20:08:02 +0000 http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/#comment-1435 [...] To date, I’ve sold between 2,000 and 3,000 DVDs, mostly to people with under $10,000 in their accounts…when in the world did I ever claim people are making millions? Old man, you’re testing my last nerves with your lies–you forget I have 3000 daily readers who are witness to every single thing I post and say, you have about 30 readers which is the only reason I can imagine you think you can say whatever you want. Reaper is one of my best students AND affiliates and like you, he was skeptical of me too–look at his first blog post saying I was full of BS. [...] [...] To date, I’ve sold between 2,000 and 3,000 DVDs, mostly to people with under $10,000 in their accounts…when in the world did I ever claim people are making millions? Old man, you’re testing my last nerves with your lies–you forget I have 3000 daily readers who are witness to every single thing I post and say, you have about 30 readers which is the only reason I can imagine you think you can say whatever you want. Reaper is one of my best students AND affiliates and like you, he was skeptical of me too–look at his first blog post saying I was full of BS. [...]

]]> By: $12,700 Profit Day On These 10 Strong Penny Stocks To Watch http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/comment-page-1/#comment-1434 $12,700 Profit Day On These 10 Strong Penny Stocks To Watch Wed, 03 Mar 2010 17:06:21 +0000 http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/#comment-1434 [...] I did Reaper when he first thought be to a fraud…now he’s up $130,000+…remember his first post about me nearly 2 years ago? I will convince EVERYONE that this strategy is real, proven and [...] [...] I did Reaper when he first thought be to a fraud…now he’s up $130,000+…remember his first post about me nearly 2 years ago? I will convince EVERYONE that this strategy is real, proven and [...]

]]> By: Timothy Sykes Scam? http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/comment-page-1/#comment-1419 Timothy Sykes Scam? Mon, 08 Feb 2010 13:05:54 +0000 http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/#comment-1419 [...] 2.) I call traders and “gurus” out on being cowards/frauds for not showing their trades and track records…finance people are freaks/dinosaurs and they don’t understand the importance of transparency…they like to attack me just as I’ve attacked them…unfortunately, whenever anyone researches me for an extended period of time, they will inevitably come to the conclusion that I am 100% real…because I am…and my former #1 hater, Michael Goode, has become one of my top students, up over $120,000…see his initial blog post thinking I was a fraud. [...] [...] 2.) I call traders and “gurus” out on being cowards/frauds for not showing their trades and track records…finance people are freaks/dinosaurs and they don’t understand the importance of transparency…they like to attack me just as I’ve attacked them…unfortunately, whenever anyone researches me for an extended period of time, they will inevitably come to the conclusion that I am 100% real…because I am…and my former #1 hater, Michael Goode, has become one of my top students, up over $120,000…see his initial blog post thinking I was a fraud. [...]

]]> By: How To Build A Multi-Million Dollar Business On The Internet [VIDEO INTERVIEW] http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/comment-page-1/#comment-1409 How To Build A Multi-Million Dollar Business On The Internet [VIDEO INTERVIEW] Sun, 31 Jan 2010 19:06:08 +0000 http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/#comment-1409 [...] favorite stories is about this guy named Michael Goode. He had this blog called Good Value, ‘goodevalue.com‘ and out of the blue, this again goes with my hate marketing, out of the blue I see a Google [...] [...] favorite stories is about this guy named Michael Goode. He had this blog called Good Value, ‘goodevalue.com‘ and out of the blue, this again goes with my hate marketing, out of the blue I see a Google [...]

]]> By: Michael Goode http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/comment-page-1/#comment-1373 Michael Goode Sun, 29 Nov 2009 16:05:41 +0000 http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/#comment-1373 Stocks on Wall St: Your comment about Tim faking his gains on Covestor shows you have no clue what you are talking about. Covestor does not report how large a person's position is in absolute size; it only reports what percentage of an account is invested in each position while ignoring cash. So of course the percentage returns on Covestor are off. That being said, it is perhaps more impressive that had Tim gone all in on each trade (as he only trades one position at a time most of the time) he would be up 100,000%+ and he would not have blown up. I know the big wall street traders like to look down on small fry day-traders who do not swing $100m+ trades, but most of those traders have little to no talent and only make money because of the advantages of being at the center of everything. Still, so many of those traders blow up ... lionizing people simply because they take huge risks with other people's money seems rather stupid to me. Lastly, it is stupid to take your other criticisms of Sykes and then talk about him being a fraud and a scam. Being small-time does not make him a scammer ... while many of your hero traders on the street are scammers (because so many of them trade on inside information). I can assure you, having bought Sykes products and having made money trading like him, that he is not a fraud. Stocks on Wall St:

Your comment about Tim faking his gains on Covestor shows you have no clue what you are talking about. Covestor does not report how large a person’s position is in absolute size; it only reports what percentage of an account is invested in each position while ignoring cash. So of course the percentage returns on Covestor are off. That being said, it is perhaps more impressive that had Tim gone all in on each trade (as he only trades one position at a time most of the time) he would be up 100,000%+ and he would not have blown up.

I know the big wall street traders like to look down on small fry day-traders who do not swing $100m+ trades, but most of those traders have little to no talent and only make money because of the advantages of being at the center of everything. Still, so many of those traders blow up … lionizing people simply because they take huge risks with other people’s money seems rather stupid to me.

Lastly, it is stupid to take your other criticisms of Sykes and then talk about him being a fraud and a scam. Being small-time does not make him a scammer … while many of your hero traders on the street are scammers (because so many of them trade on inside information). I can assure you, having bought Sykes products and having made money trading like him, that he is not a fraud.

]]> By: Stocks on Wall Street http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/comment-page-1/#comment-1372 Stocks on Wall Street Sun, 29 Nov 2009 08:52:35 +0000 http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/#comment-1372 If you read into the details Tim Skyes isn’t as great as he sounds, he fakes some of the gains on covestor by not distributing real info on how much he puts in each position etc. Feel free to google his name and read what the real trades/hedge fund managers say about it and why he has never been offered a job on the street. Tim Skyes is barely making over $1 million a year where if he was that good of a trader for a top bank such as Goldman Sachs or J.P. Morgan then he would be raking in over $5-$10 million if not more. Its a fraud scheme and personally I would never recommend reading his blog. Tim is a SCAM! If you read into the details Tim Skyes isn’t as great as he sounds, he fakes some of the gains on covestor by not distributing real info on how much he puts in each position etc. Feel free to google his name and read what the real trades/hedge fund managers say about it and why he has never been offered a job on the street. Tim Skyes is barely making over $1 million a year where if he was that good of a trader for a top bank such as Goldman Sachs or J.P. Morgan then he would be raking in over $5-$10 million if not more. Its a fraud scheme and personally I would never recommend reading his blog. Tim is a SCAM!

]]> By: Morphing from being a Sucker « The Donger Trades http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/comment-page-1/#comment-1353 Morphing from being a Sucker « The Donger Trades Sat, 31 Oct 2009 19:44:47 +0000 http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/#comment-1353 [...] to Google and typed in “Tim Sykes fraud” and found an article by Michael Goode titled, “Tim Sykes is full of bullship.” I read the article and thought, “HA!” a fraud afterall.  Then I noticed that there was [...] [...] to Google and typed in “Tim Sykes fraud” and found an article by Michael Goode titled, “Tim Sykes is full of bullship.” I read the article and thought, “HA!” a fraud afterall.  Then I noticed that there was [...]

]]> By: The truth about Tim Sykes from a former critic « Reaper Trades http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/comment-page-1/#comment-1295 The truth about Tim Sykes from a former critic « Reaper Trades Tue, 18 Aug 2009 14:28:25 +0000 http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/#comment-1295 [...] first came across Sykes in March of 2008 and I wrote this critical post: Timothy Sykes, the boy wonder who turned $12,000 into $1.65 million while still a teenager, has [...] [...] first came across Sykes in March of 2008 and I wrote this critical post: Timothy Sykes, the boy wonder who turned $12,000 into $1.65 million while still a teenager, has [...]

]]> By: 4 Lessons Learned From $31,559 In 2009 Trading Profits… | TIM - Timothy Sykes http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/comment-page-1/#comment-1229 4 Lessons Learned From $31,559 In 2009 Trading Profits… | TIM - Timothy Sykes Wed, 15 Jul 2009 21:03:23 +0000 http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/#comment-1229 [...] guy up close to $100,000), but he was also once my greatest hater…check out his initial post HERE Spread This [...] [...] guy up close to $100,000), but he was also once my greatest hater…check out his initial post HERE Spread This [...]

]]> By: Michael Goode http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/comment-page-1/#comment-1187 Michael Goode Sun, 14 Jun 2009 19:53:55 +0000 http://www.goodevalue.com/2008/03/26/timothy-sykes-is-full-of-bullship/#comment-1187 Tim -- I say the same thing at the top. My criticisms of the strategy do still apply (maybe not #1), and I do think blindly following someone else's trading strategy, no matter how good, is foolish. Tim — I say the same thing at the top. My criticisms of the strategy do still apply (maybe not #1), and I do think blindly following someone else’s trading strategy, no matter how good, is foolish.

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