Timothy Sykes DVD – Tim Raw Review

I hate to admit it but after watching Timothy Sykes first DVD on PennyStocking, I was left wanting to know more about his strategy and the way he trades. I like many others, thought that Timothy Sykes was a one hit wonder, which got lucky during extraordinary market conditions. This all changed when I actually read his book and watched his DVD’s. While investment banks, hedge funds and financial institutions are collapsing Tim’s returns continue to beat the market norm. If you find yourself asking yourself how is he doing this? Then the Tim Raw DVD is for you.

As the name suggests Tim Raw has very little editing, no fancy production techniques and comes on four DVD’s.

Tim Raw DVD Disc One – Tim Lessons -Approx Runtime: 2hrs 30min

All in all this is a solid introduction to trading techniques and methods. You will find a multitude of generalised information and anecdotes throughout the DVD’s. I found the first DVD to be a bit slow and less structured then the remaining DVD’s yet there were some great tips. It is very helpful to take notes, as the first two DVD’s are not divided into any structured chapters. Some topics covered on this first DVD include:

Lesson 1

• Disclaimer
• “I am not responsible for any of your losses. If you do have any gains I would like to take credit for that, as I have taught you”
• A brief Introduction to who Timothy Sykes is
• The GYGT trade Lesson- Business reality vs Stock reality
• Nov 2007 The introduction of TIM (Transparent Investment Management)
• SEC Pattern day trading rule (intro)
• Tim Alerts (intro)
• A little bit of cross selling other DVD Products
• PennyStocking in Bull Markets
• Are all PennyStocks Frauds?
• An in depth look at the CYGT saga
• Sub Penny shares…. Should you play them?
• PennyStocking success stories and Covester
• How do you spend your PennyStocking profits?
• The Simplicity of PennyStocking
• Limit Orders Vs Market Orders
• A more in depth view of the pattern day trading rule
• A brief overview of ShortStocking concepts
• Trading Psychology a brief overview
• Habits of a good Trader
• Getting Over losing streaks

Lesson 2

• Managing other peoples money
• Starting a Hedge Fund – One man shops won’t work
• Licences needed
• Prop Firms
• The Financial media jungle
• CNBC and Noise
• Alternative Investment strategies
• Recommended Brokers
• Analysts
• High price stocks
• Tax Law selling
• Seasonal patterns

Book Reviews

The book review section was extremely average due to the lack of information provided by Tim. Despite the lack of information provided the books that were introduced were good and definitely important reading. You can gain just as much insight by visiting Tim’s Trading library section of his website.

Below is a selection of the books reviewed for a full list visit Tim’s library.

1. Book of Investing Wisdom
2. The Predictors
3. Mobs messiahs and markets
4. Bernard Baruch
5. Rouge Trader
6. The Man Who made Wallstreet
7. The Rich and how they got that way
8. The next great bubble boom
9. Lessons from the greatest stock traders of all times
10. Sell and Sell Short
11. Trading for a living
12. How to make money selling stocks short
13. Full of Bull
14. Your money and your brain
15. A mathematician plays the stock market
16. Practical Speculation
17. Millionaire traders
18. My life as a quant
19. Way of the turtle
20. Trend following
21. The Complete turtle trader
22. Inside the house of money
23. Fooling some of the people all of the time
24. The education of a speculator
25. Hedge Hunters
26. Jesse Livermore worlds greatest stock trader
27. Reminiscences of a stock operator
28. The wall street jungle
29. A random walk down wallstreet
30. Unconventional success
31. The white sharks of wall street
32. The boy wonder of wall street
33. Wall Street a History
34. Scam Dogs and Mo Mo Mama’s
35. Trading with enemy
36. Market Wizards
37. Morgan
38. Encyclopaedia of chart patterns
39. The Go Go years
40. The new market wizards
41. The wolf of Wall Street
42. Confessions of a Wall Street analyst
43. Running money
44. Wall Street Meat
45. Hedge Hogging
46. The book of Daniel Drew
47. Where are the customer’s yachts?
48. Soros the life and times
49. Sold short
50. Hedge Fund Masters
51. The poker face of Wall Street
52. Fooled by Randomness
53. All about options

After the book reviews the following topics are looked at:

• A Word about Stock promoters
• A Little history Tulip Mania

Tim Raw DVD Disc Two – Timothy Sykes Seminar Part One – Approx Runtime: 1hr 48min

The final DVD’s go through a recent seminar Tim gave. I found these DVD’s to be a very interesting insight into the way Tim trades. For anyone who is unable to attend a seminar in person this DVD is a great substitute. There are so many substandard educational products in the trading sphere it is good to actually come across a DVD, which contains an honest and open view of the industry. Some topics covered on this DVD include:

• Introductions
• A brief introduction to candlestick charting
• Use of stop losses and routing of orders
• A look at a level II screen
• ¾ stocks follow the market
• Bitter sellers an Explanation
• Pig Farming in China – A technical look
• A look at multiple timeframes
• The Kramer effect
• A look at covester website
• Stock MSG boars and Jonathan Levit
• Stocks that aren’t moving
• Everyone has an angle
• A look at a spam stock
• Midday volume dry up
• 10% Spreads! Crazy
• Naked Short Selling
• A few Seasonal Trends
• Stock Market Fundamentals Market Cap
• Breakouts
• Support and Resistance

Tim Raw DVD Disc Three – Seminar Part Two -Approx Runtime: 2hrs 9min

Some topics covered include:

• A discussion of the pattern day trading rule.
• Looking for market inefficiencies.
• A technical look at PR run ups.
• Cup and Handle pattern
• Some morning patterns
• Short Squeezes
• Taking into account all available variables
• Wait for good setups
• Buying Frauds
• Tim’s Favourite Breakout
• A Short Q&A
• More chart patterns
• Multiple timeframes
• Supernovas
• The Crow
• The Death Spiral
• Identifying short squeezes on the level II Screen
• Doubling your losses Newsletter – Read the fine print
• Yahoo finances – Understanding key statistics

Tim Raw DVD Disc Four – Seminar Part Three -Approx Runtime: 1hrs 44min

The final disc which I found to be the most interesting looks more closely at how Tim trades. Topics covered include:

• Examples of simple breakouts
• Short selling into strength
• Fake out Breakouts
• Morning panic
• An example of how Tim researches a play
• Breakdowns- looking at multiple timeframes
• Take losses quickly
• Forcing opportunities
• A look at media outlets
• Don’t trust insider buying
• Liquidity issues
• Plan for everything the night before
• Tim’s routine
• The sites Tim uses
• Building watch lists
• Don’t trust just one data source
• How Tim finds his stocks

Final Thoughts

Tim’s Raw DVD is a great introduction to his PennyStocking strategy and some general trading concepts. Tim’s Raw DVD should be watched before moving on to the PennyStocking DVD and PennyStocking Part Deux. It is evident throughout this DVD series that Tim knows his stuff when it comes to the Penny Stock niche. In the fast pace world of finance a new guru pops up every few months and then fades into obscurity. Tim’s profits and trades are well documented and transparent and his blog details the day-to-day happenings and events, which are pertinent to PennyStockers. I was very impressed with this DVD it is packed full of trading wisdom.

Pros

• No assumed knowledge.
• Presented in easy to understand manner.
• A vast amount of topics covered.
• Allows new trader to gain an insight into how a successful trader approaches trading.

Cons

• Dis-Jointed in parts
• DVD chapter selection sparse.
• Book review section not very informative.

Bottom Line

A vast array of topics are presented in an easy to understand manner. This is a perfect DVD for anyone who is considering PennyStocking. The production quality is raw but the content presented more then makes up for this. Tim is really maturing as a trader and educator (Maybe the influence of a good woman??).

A Master of PennyStocks gives us a master insight into the world of PennyStocks. I must say thank you Tim you have opened my eyes to opportunities that exist that I would have never even given a second of thought too. Although I don’t currently trade Penny Stocks the perspective and insight presented is still very relevant.

About the author

Mark - Is a 28 year old form Australia. He has a Bachelor in Economics and a Major in CS. He is currently working towards his CFP. His interests include algorithmic trading systems, artificial intelligence, game theory and poker.