Mr Sykes says he does not predict price, simply follows. He appears to be selling chart patterns which I at least can not get to work.
If your chart patterns had been SO good, would they not have shined through in back testing I wonder?
Tim Sykes now appears to be advising against momentum. He seems to be recommending a different strategy altogether. How confusing.
Sadly, there has been no development so far by which I have managed to turn Penny Stocking from a Pig’s Ear into a Silk Purse.
So far, I am not impressed by the concept of Penny Stocking
Some time ago I decided that I ought to look into the possibility of trading “Pump and Dumps” on Penny Stocks.
I am working my way towards testing out the “systems” promoted by Tim Sykes and others of his ilk regarding … More