Recent content by Ol' Yella
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Cornix's TA Performance
Well congrats on having the integrity to own up to things. I was hoping for you to succeed. For what it's worth, I think many of the online "buddies" you are associating with are full of crap and have been lying to you about their own trading results. In any case, best of luck in your... -
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TA Sucks
most likely true. Her persona is like something from an episode of American Greed. She claims >100% on notional year in year out as an easy target to hit, biggest drawdown is a couple of 10 tick losers in a row, and advises noobs they can trade for a living in a 10k account. How many times... -
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Cornix's TA Performance
Cornix, are you ready to concede that Surf was right? you talked a pretty tough game for a long time on here. IIRC you had back and forths with Surf in which you alluded to 20% monthly profit goals and 100% annual goals as reasonable targets, and much less than that being not worth the... -
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If You Can Draw A Straight Line . . .
Just a warning for folks who are new to message boards... if you make a habit of annotating winning trades on hindsight charts using MS Paint... it won't be long before you start to hear rumblings from the peanut gallery. :D -
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The best traders in ET
And that's not to mention how many self-professed at-home self-taught TA directional daytrading futures for a living types have been outed as liars in the past! Interesting that some here accuse you of theatre--- perhaps in reality the real theatre is being done by the TA brigade members with... -
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hmm.no edges in the markets
I would wager that those FX numbers include inactive accounts that are accruing interest. Can anyone confirm or deny? Anyone who has had an account at Velocity futures can see their daily leaderboard, and will know that on average only 5-10% of active accounts turn a profit on any given day... -
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hmm.no edges in the markets
Very well put, Surf. I am baffled by the attitudes of many here. If one suggests that noobs seek out training from real-life professionals with proven success in their field, or education from respected institutions, you are scolded and accused of being a troll. -
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The best traders in ET
No, we are not the same person. I do happen to agree with him on these matters though. How deluded do you have to be to think you are going to make a living from trading as a self-taught prodigy who turns his nose up at the idea of in-person networking with successful traders? -
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The best traders in ET
Of course--- no successful trader is going to give out his methods in a public forum, or put them up for sale in a $99 ebook, or sit all day talking into a chatroom mic. Hence my suggestions that aspiring traders should find a good prop firm to train at, or find some other way of networking... -
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The best traders in ET
I also have not been impressed by any. If the educators are so good, then where are their successful students? Any good teacher or coach should be able to produce examples of successful students. But whether it be fee-charging vendors or free helpers in forums/chatrooms, it's the same story... -
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hmm.no edges in the markets
I take it you and James Randi are still searching for proof, then? Here I am , hoping someone will step forward and prove you wrong, but no luck yet. Good luck in your continued search for an at-home supertrader. :) -
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hmm.no edges in the markets
Someone from WTS used to occasionally post the P&L from his branch in the P&L thread last year. Username was earlybirdstango Sample pic from an average day below. As was normally the case, most traders were profitable, and those who lost, lost small amounts. No idea how they are doing... -
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hmm.no edges in the markets
Advising noobs to network with and learn from experienced, successful traders at professional firms strikes me as sensible and appropriate. I wonder how many people who earn their living via daytrading are self-taught or vendor-taught loners? My guess is: Zero. :)