Recent content by SkepticTrader

+1 Anyone can say they made money for the month and actually just about everyone on ET do make money each month. Yeah right! I don't even believe those who post live trades as there are so many ways to finesse your way to profitability there. Doesn't anyone here ever use actual trading...

You have completely unrealistic expectations and that alone sinks most newbie traders. You don't even know if you have the mindset of a real money trader. Over the past 20 years hedge funds have averaged 12% annually on a compounded basis. The best and brightest compound at a rate of 25% to...

XNPT new 52 week lows and new historical lows. You will never make it in this game with your strategy of trying to pick bottoms with stocks in entrenched downtrends. Your previous picks have been about as bad as this one. Try changing your methodology if you want to become a consistently...

Looking at your past recommendations I advise you to keep your day job. You seem to buy stocks that are in entrenched downtrends and right near their 52 week or historical lows. That runs counter to wealth accumulation.

How in the world can you say chart looks great when this stock is trading near historical lows??? You may very well be right on your outlook but the technicals look terrible. Some insiders like this stock but most of them are under water in their purchases from the past couple years. Have...

You would never trade like this if real money were on the line - Never! Trading a hypothetical account only instills poor trading habits.

Paul Tudor Jones, Warren Buffett and George Soros would gladly sign up for your school. Hope you reel in a lot of suckers and I am sure you will have a 1001 excuses why you will never be able to validate your claims of 100% per annum returns like everyone else in Vendorville.

Joe Ross??? You don't even want to go there. The real old timers in this game could tell you an earful about that Ken Roberts trainee.

Don great post. Really. But I just hate it when any vendor tells the world about the money they have made trading, yet refuse to document such claims via a multi-year (preferably three or more) real money track record. Instead you get 1001 excuses why you guys won't do that. I would think...

They buy the courses because the Dream Merchants are adept at convincing a naive trading public that you can knock down 10% returns on a monthly basis. Yet, strangely enough, not one of these panderers has ever come forward with a multi-year track record with real money at a real trading firm...

BINGO! And 2011 has shown even greater earnings. Additionally U.S. corporations hold record amounts of cash on their balance sheets. But stock prices lead earnings and this recent rout in the market may be forecasting a slowdown in earnings,

10% per month?? What planet are you from?? Have you ever looked at the long term historical returns from the hedge funds, private money managers, mutual fund industry, etc.?

How can RS of Houston *not* be on the list after reading the link below. This is about as bad as it gets. http://www.cftc.gov/enf/00orders/enfrsofhouston.htm

efficiency, nice sane and realistic post, a rarity here. Letting your profits ride, indeed... And creating true trading wealth is a long term proposition and not an overnight event.