Timothy Sykes sent me an advance copy of his new book, “An American Hedge Fund”, which came out on October 1st, 2007. The book is about real life trading experiences and the journey of setting up a hedge fund.

Timothy started out with $12,000 and turned that into $2,000,000 trading tocks from 1999 to 2002, then went on to start his own hedge fund. He has also starred in a documentary about traders called Wall Street Warriors.

Now on to the book review. I found An American Hedge Fund to be an compelling and easy read containing many experiences that most traders can relate to, in one form or another. Most of the book is devoted to Timothy’s journey trading micro cap stocks and recounts crazy stories of $100,000 up and down days.

The other prominent story featured in the book is Timothy’s struggle to start up his hedge fund and attract capital. This gives readers a glimpse into the behind the scenes aspect of the business.

Overall I found this book quite interesting although at times it did drag on when recounting trades. If you like real life stories about this business than this one should be on your ‘to read list’.

Here is a link to an interview done with Timothy Sykes by Million Dollar Journey.