Posted on Wednesday, 15th April 2009 by admin
About a year ago, I read a great and inspiring book written by Timothy Sykes (An American Hedge Fund). The book is actually about the stock trading experience of Timothy Sykes who started with 12K and ended up with 1,6M$ in four years (during the techno bubble). The kid (he was at college during that period) quickly learned how to buy stocks in a highly profitable manner.
Was it only luck? Should you buy stocks and hope doing like Sykes? The answer to the first question is probably no (as he made an astonishing return of 197% in 2008 while the stock market plunged 40%). However, the answer to the second question is a lot harder to tell. While Sykes basically learned how to buy stocks on his own, this can become a very risky adventure if you want to try it by yourself.
Nonetheless, Sykes can definitely help you learning how to buy stocks cheap and sell them at a high price! He has now a website and a blog where he gives you hint about his stock trading strategies.
His ability to buy stocks at the right time and sell them (or short sell them!) at an even better timing is quite impressive. With his videos, you have the possibility to learn how to buy stocks and penny stocks. You can learn how to buy stocks according to the fundamental technique or give it a try on the day trading game. On Timothy Sykes website, you also have the possibility to register for his TIM alert and get real time advice on how to buy stocks and when to buy them!
According to his website, he was ranked the #1 investor over 18,000+ traders over at Covestor.com in 2008 (they verify all trades). So if you are looking a place to start learning how to buy stocks and make profit, the banner below will direct you to his main webpage:
Posted in How to buy stocks | Comments (0)
