Timothy Sykes had a slightly different college experience: skipping classes in favor of trading penny stocks every day, he turned $12,415 in Bar Mitzvah gift money into $2 million and started a hedge fund during his senior year. He also created a scholarship for talented/passionate people open not only to current Tulane students, but also Tulane faculty and alumni…an economic bailout ahead of its time.
His hedge fund went on to become the #1 ranked short bias fund by Barclay for 3 years and he was named to Trader Monthly’s ‘Top 30 Under 30′ in 2006, but his trading strategy was never very scalable (meaning it’s much easier for him to make $10,000 than it is $10 million) and his fund lost 35% when I tried investing instead of trading.
Infinitely wiser but embarrassed and depressed, a TV producer asked him to make an appearance in his upcoming documentary “Wall Street Warriors”. The show’s popularity inspired hundreds of daily emails from fans wanting to know more about him and his trading strategy, but as a hedge fund manager, he was not allowed to answer any of them. So he said “screw you!” to the restricted hedge fund industry, wrote openly about his experiences in his best-selling autobiography “An American Hedge Fund” and started a publishing company to create brutally honest & educational financial newsletters and instructional DVD packages.
He’s been featured by every major business and financial media outlet. His Thinkorswim trading account has surged to $211,420, a gain of more than 1,500%, already providing you with a rough blueprint of how to turn $12k into $100k in 2 years and making me the #1 ranked trader out of 50,000+ traders on Covestor, a website which verifies trades and performance…and nearly 1/5 of the top traders are subscribers of his 4 newsletters and PennyStocking DVD students!
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