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SteadyTrade

Ep 68 - Tim Sykes and the Art of Grinding

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 22 October 2018

⏱️ 60 minutes

🧾️ Download transcript

Summary

The guys sit down with Tim Sykes

Transcript

Click on a timestamp to play from that location

0:00.0

This is episode 68 of the Steady Trade podcast with your host, Tim Bowen.

0:11.4

It's the abusive father technique.

0:14.0

And Stephen Johnson.

0:15.5

I'm not doing so bad, no.

0:16.7

I'm doing okay.

0:17.4

I'm on a green month now.

0:18.9

Sort of.

0:20.0

Because Stephen was a little nervous talking with today's guest.

0:24.2

Because today, they're talking with the great and powerful Timothy Sykes.

0:29.2

If I was an unethical offshore broker, I would bet again, Stephen Johnson.

0:34.5

Now what makes Tim Sykes so great and powerful, you ask? Well, how many people do you know

0:39.9

who walk around with knowledge and experience like this? And so now I short, I go long. I primarily

0:46.2

go long just because there's so many shorts now in the market that these squeezes are ridiculous.

0:51.8

It's not just like a stock triples after two or three days.

0:54.7

Now these stocks can go up five, 10, 20, 50 times over several weeks. Or this. You know, some

1:01.7

people are like, Tim, I don't want to learn from your short selling videos from seven years ago.

1:05.6

It's irrelevant. On the contrary, it's more relevant than ever because you need to think how

1:10.4

short sellers think because if you can see that, then you can understand, wait a minute, it's more relevant than ever because you need to think how short sellers

1:11.0

think because if you can see that, then you can understand, wait a minute, there's all these

1:15.0

shorts involved in this that can create the potential squeeze or even this.

1:19.4

And I should also mention that, you know, years ago, not as many brokers traded against

1:24.7

their clients.

...

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