Earl V. MeisterThis is a review of the book ‘An American Hedge Fund: The True Story Of How A Band Of Pirates, Ponzi Artists And Wall Street’s Most Foul-Mouthed Investors Pulled Off The Crime Of The Century’ by Tim Sykes.
“An American Hedge Fund” is a book by Tim Sykes. The book offers advice on how to invest in the stock market, and it also includes some of his personal experiences with investing.
In his newest YouTube promo, Timothy Sykes holds up two large piles of cash and says, “What’s up, Tim Sykes, billionaire coach and trader, here with $10,000.” Many of you believe that $10,000 is required to begin investing in the stock market. That’s a load of rubbish! That is ludicrous! To genuinely make money in the stock market, you don’t need that much.”
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“Click the link below to acquire this free book that I wrote instructing precisely how to,” he says. In the stock market, I’ve earned several million dollars, and numerous of my pupils have also made several million dollars. My best pupil began with just $1,500 of his own money and has now amassed a fortune of over $6 million dollars. Without education, nothing is assured. So, educate yourself. I don’t care if you’ve never heard of the stock market. I am a novice teacher. This is fantastic.”
Then he recounts how he got successful despite the fact that he didn’t have a mentor or instructor, and it was a nightmare. It took a lot longer than it needed to. Tim wishes for the best for you. He’d want to shorten your learning curve. To distill into one easy-to-read book what took him two decades of trial and error to discover out. Skeptical? Tim’s first billionaire pupil was the same way. In fact, Tim claims that this individual was his first internet “hater.” He did, however, click on a link in a similar ad, read Tim’s book, and is now a member of the Two Comma Club.
How can you avoid being the next victim? Tim claims that he is constantly on the lookout for more committed pupils. It makes no difference who you are, where you live, or your background. He is capable of assisting you. He’ll reveal all of the teachings and guidelines you need to succeed with penny stocks as long as you’re dedicated. It’s also not just about trendy stock selections. It’s all about knowing and following tried-and-true methods.
As an example? One, Tim advises, is to reduce losses as soon as possible. Two, make sure you’re trading the appropriate stocks. Finally, be willing to accept tiny advantages. Tim’s average profit is just $2,000 each month. But, as Tim demonstrates, a thousand here, two thousand there, a hundred dollar loss, a four thousand dollar gain, and you’re OK. And if you want to see how it’s done, he urges you to join up for a free digital copy of his book, An American Hedge Fund, by clicking below. As the YouTube clip draws to a conclusion, Tim explains, “It’s a bestselling book that I generally charge quite a deal of money for.”
Look, I have no objections to you borrowing a free book. Even if it wasn’t published until 2007, and isn’t a bestseller, as Tim says. But if you think day trading penny stocks is a viable method to earn money, I’m worried for your safety. Consider Tim’s teaching company, even if you disregard all the research that suggests ninety-something percent of these sorts of short-term traders lose money overall. Isn’t he claiming to have over 10,000 students? And he states in this specific commercial that he now has “many” rich students? Isn’t it three? Make the calculations. At best, that’s a 0.03 percent success rate!
Yes, they are folks who have allegedly earned more than seven figures. There are undoubtedly many more people who have earned lesser sums of money. Nonetheless. What does it mean in terms of the total success rate? Is it one percent or two percent? Maybe three percent? “Marketers lie, statistics don’t,” as they say.
Timothy Sykes’ Instagram existence was made possible via book sales, seminars, and coaching. Tim’s estimated $3 million in trading earnings divided by the 20+ years he’s been doing it? On average, it’s merely $150,000 each year. Sorry, but Tim’s life of luxury is not supported by a modest six-figure yearly wage. That’s what his top 0.03 percent of pupils can anticipate, as I just showed you. Get up. Pursuing this pipe dream makes no sense at all.
ANOTHER OPTION IS TO RENT SMALL WEBSITES TO LOCAL BUSINESSES.
Katie Smith: Watch this brief video if you want someone who will tell it like it is, respect your time, and show you a company that could really work for you.
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Earl V. Meister