Following Twitter pumps and fake gurus is an ultra-high-risk strategy.
It’s crazy the amount of misinformation and lies inntrading and penny stocks, especially on $TWTR and by all means I don’t know everything but seeing what these promoters, newbies and fakes say no wonder why 90%+ of traders lose , My God what a cesspool this industry is
— Timothy Sykes (@timothysykes) Oct 1, 2019
It’s crazy the amount of misinformation and lies in this industry. As usual, there are a lot of penny stock promoters. But there are also a lot of newbies teaching…
Everyone Wants to Be a Guru
It’s a weird world we live in where everyone wants to be a guru without first gaining experience. You see it everywhere. From business coaches to now, unfortunately, trading teachers…
Newbie Gurus — The Blind Leading the Blind
Newbie gurus … they’ve been trading one, two, or maybe three years and think they’re experienced enough to teach. So they post big profit screenshots. And people think that’s what you can make trading.
Heed my warning: newbies are falling prey to newbies who have no business teaching. And the newbie teachers are telling them to use leverage and go all in. Or, as we’ve seen recently, they try to short sell some of these penny stocks with no clue of the risks involved.
Then they realize…
“Wait a minute, these effing newbies are leading us to ruin.”
But they often realize it too late.
Fake Gurus With Big Profit Screenshots
Then you have the fakes. These slimy crooks post screenshots of one trade or one month. They don’t go into the details. You have no idea what they risked on the trade. They don’t show all their accounts. They’re fakes.
You have to be careful of that.
If you’re gonna learn from somebody, make sure they show every single trade. Make sure they show every single detail. You should question it when someone posts a screenshot and says “I made $20K today.”
If I’m trading with a million-dollar account, and I make $20K, I’ve only made 2% on the trade. That sucks. If you have a $4K or $5K account you’re not gonna make enough to justify the trade. Not to mention taking a lot of risk.
Twitter Pumps — Losers Leading Losers
Then there are the Twitter pumpers. Again, heed my warning. If you don’t, the market will make you pay. It’s your choice.
I know I’m blunt. I purposely swear more on Twitter to rile up promoters and fakes. Since they think I’m emotional it goads them into honesty. (Shhh … don’t tell them I couldn’t care less. I just like getting the truth out of them.) I believe there’s more opportunity for you when you’re real and honest.
All Promotions End Badly
I posted this tweet about promoters on October 1. I’ll give you the general gist of it. But go read the replies — this is what you’re dealing with if you follow promoters and Twitter pumpers.
Not to mention the typical penny stock promoters saying $DCGD is going to the moon even after its 20,000% gain the past few weeks (the company even had to put out a PR disavowing the pumping they claim to be unaware of lol), what a comedy this all is…
— Timothy Sykes (@timothysykes) Oct 1, 2019
The replies were almost comical. These morons think a stock up 20,000% is going to the moon. Heed my warning: all pumps look bullish when the promo is on. And they all end badly. Every. Single. One.
Twitter Pumper Admits He’s Poor and a Novice
When you read the replies you’ll see there was a guy calling me a pumper because I post YouTube videos to promote my strategies. And when you look at his tweets you see they’re all promoter tweets.
He took offense to one of my replies in the thread when I mentioned my running joke about promoters needing drugs to do a better job. (Not too much or too little — promoters have to find their happy medium.) So this guy said he didn’t do drugs and “you’re the one selling a technique.”
Of course I am. My technique is real. I don’t need to pump stocks for my strategies to work because there are enough promoters out there pumping. And I hope they do a good job because it makes me and my top students a lot of money.
My results are not typical. I’ve spent years refining my skills. All my top students report doing the same. Don’t expect consistency until you’ve built your knowledge account and gained experience.
The funny thing is, in the end, the guy admitted he was poor. He admitted he was a novice. And he even asked for money after I offered to pay for him to attend a Jordan Belfort seminar so he could be a better pumper.
Yes, you read that right. Go read the thread on my Twitter page. I offered to PAY for promoters to learn the salesmanship skills needed to be better pumpers.
Just so we’re clear: I’m not gonna send anybody money. Stock trading is all about education. If you wanna learn to be an actual penny stock trader, come to me. If you wanna be a penny stock promoter go learn from Jordan Belfort.
Duty and HONOR — Teaching Lessons Learned the Hard Way
I’ve been trading for 20+ years. Now, I’ve been teaching for over a decade. And it pisses me off to see these fakes and newbies leading people down the path to blown-up accounts.
It’s my duty and HONOR to teach lessons I learned the hard way over 20+ years and while I often exit too quickly, I stay safe and safe Trading is the future…or ignore me and listen to some of these newbies and option traders who often blow up and learn the hard way too ?
— Timothy Sykes (@timothysykes) Oct 1, 2019
Grateful to Be Real in an Industry Full of Fakes
Transparency. That’s what separates me and my top students from fake gurus, Twitter pumpers, and options pushers.
ALL my top students … from Tim Grittani to Dominic Mastromatteo … it’s not just about the money they make. And it’s not about profit screenshots. It’s showing the process. Showing every trade and being real in an industry full of frauds.
Check out this comment from Profit.ly user Ramesh_Kumar to another top student, Jack Kellogg…
“Hey jack. I watched your videos last night. Inspired me how you transformed and sticking to your niche. I think I got some perspective on OTCs after watching your videos. Thanks man.”
That’s what our community is about. Being real.
If you’re ready to learn from someone real — with real strategies and techniques that work — apply for the Trading Challenge today. But no lazy losers allowed. You’re gonna have to work harder than you’ve ever worked in your life.
What Students Are Saying
Check out what students are saying…
From Profit.ly user ArielP:
“In @ .2423 on $SNNA , out at .36 done for the day. Good luck everyone!”
That’s awesome! After I congratulated her, she came back with this:
“Thanks Tim! The summit really made me have a breakthrough in the mentality I need to have to make this long term. It’s a marathon not a sprint!”
And this from Profit.ly user momoney3018:
“Tim, it finally clicked to look at big % gainers over these past few days. and really I am in awwwwww. I can be a slower learner at times but once something clicks I can run with it. So thank you and thank you to everyone else as well.”
How about this one from Profit.ly user redwagonrider:
“Thanks tim for posting yet another [expletive deleted] get your heads out of your asses and focus on the best plays video.”
Or this one from Profit.ly user usmarine2daytrader:
“Held onto GHSI 25,000 Shares @ .0438 out at .048 was going to hold to .05 but set sell price and sold before change LOL its ok GREEN DAY”
CameronMan: “8% dip buy CLSI and 8% buying $PuRA fed 1500$.”
Michaeldufresne: “$500 on a 2k account on $NAKD and $SPNV.”
Arturoil710: “Holding $SPNV overnight. but up a whopping $500 so far.”
JMad: “Made about $664.”
Androo: “$290+ on $NIO.”
Aidan7dasilva: “300 on $NAKD.”
chrislife101: “Down market but still profitable! I [expletive deleted] love this TEAM!”
If you check out my Twitter feed, you’ll see all the awesome posts about student trades. I retweet whenever a student tags me. Like these…
Here’s a recent tweet from DOorDONOTthereisNOtry:
— DOorDONOTthereisNOtry (@onlydonotry1) October 2, 2019
And this tweet from Tessa:
Will rewatch these to see if I missed anything, but here’s us studying and making spaghetti for lunch and my baby’s baby food. If you have a laptop or cell phone you can study @timothysykes lessons anytime/anywhere with wifi ♡ #notimeoff lol ??????????? pic.twitter.com/WyUyKPSU8s
— Tessa (@TessaLamping) October 1, 2019
I especially love that Tessa is willing to study anytime/anywhere as long as there’s WiFi.
How about this one by Hasenrahal who’s learning to take singles:
— Hasenrahal (@Hasenrahal1) October 2, 2019
Check out this tweet from Jack Kellogg showing a recent trade setup he explained during his TISummit presentation:
$CLSI – EFFING beautiful. My favorite setup I went over in detail at @timothysykes‘s #Tisummit last week. I locked in $1,400 while only risking $100! low long: .032 / high sell: .0735. pic.twitter.com/1SRIZbIZs1
— Jack Kellogg (@Jackaroo_Trades) September 30, 2019
Great job, Jack!
I get messages and comments from readers all the time…
Here’s a comment from reader Clayton on this recent blog post…
“Great article Tim. It’s exciting to consistently watch and learn from you and to start see things play out on my own (using your strategy). Your words and lessons are like the Holy Grail for penny stock trading. Thank you.”
And this one from Challenge student Matt Schroeder (Profit.ly RPhTrader) on this blog post:
“Thanks Tim! Your training program is detailed and intense.”
Or from Brandon on a recent post about the SteadyTrade podcast:
“Went to the Traders & Investors 2019 Summit. It was great! And I even learned some stuff, met some people both from the U.S. and other parts of the world. I didn’t know about the podcast, but I’m excited to find it. It should be a great addition to my recently joined Millionaire Master Program. (learn it, know it, now live it)”
What’s your experience with Twitter pumpers, promoters, or fake gurus? I love to hear from all my readers so comment below!
The post Stock Trader WARNING: The High-Risk World of Twitter Pumps and Fake Gurus appeared first on Timothy Sykes.