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Old timers learned long ago, since mid October 1987, to never listen to Prechter. Before that he was actually pretty good. He is an absolute genius when it comes to pandering to the fears of the retail trader because it pays to be a perma-bear. I don't think he believes a bearish word he...

>>>>>>> I traded all my signals with live money for about 6 months using NADEX as a proxy. I started with a 3k account but IG Markets closed all accounts which only left me with $1500.<<<<<< Is that not a 50% loss with real money???

Have either of these guys ever proven they have been successful with real money and for a period of more than just a few months? Hershey tipped his hand, at least to me, long ago he doesn't trade real money. Back in the days he made his first appearance on the old usenet boards...

I am always a skeptic when I hear of someone claiming to average $110,000 per year as a poker player. Even more so when they give that line of work up and become a medic and wanting to trade for a living.

OK Lucias, you win. I have been brutal in my attacks on you the past month or so. Yet you seem to take them in stride and never strike back in anger. So no more personal attacks from me. Instead, I wish you the best of luck and hope all your trading dreams come true.

For all those reading this inane thread keep in mind this legend in his own mind is a paper trader. He hasn't quite figured out how to make the transition to real money. He naively believes that if he can become successful as a paper trader it will enable him to raise a large sum of real money...

>>>Portfolio has lost 1.8% versus the S&P 500 over the past 8 weeks. Certainly not an impressive start, but also not anything to get too worried about at this early stage.<<< Especially since no real money is involved. Never will understand these paper trading endeavors.

Lucias, you are completely bereft of emotional intelligence. What don't you get about the fact that no one cares about your make believe *hypothetical* account. Trade a real money account for two to three years and come back with the documented results. Your previous posts on this board...

Pie in the sky. When, please tell me when traders will demand multi-year real money trading statements in evaluating the claims of the dream merchants.

Sounds like you have some sense albeit anyone posting trades on a forum is asking for trouble because the ego becomes a factor. I could never understand why any serious trader posts their trades. If you want to prove something just do it and then show your actual statements for the past three...

I am assuming you are being facetious because if not, really stupid advice.

Bearish on bonds in March 2011? While you may call that premature, I call it dead wrong.

Anyone who would give Lucias a plug nickel is nuts. Lucias has *never* demonstated he can successfully trade real money. He operates only in the realm of the hypothetical and the make believe.

Anyone that believes anything the OP says needs their heads examined.

[/B] Saying a 42% drawdown YTD and 60% from equity peak is a very small drawdown per account size shows a complete lack of understanding about the trading game. In fact, this has to be one of the most absurd statements ever on ET.

He could trade crashes??? He was a *permabear* and never ever could provide any proof he was trading a real money account. There are names for vendors like him and it boggles my mind how lemmings who can't think for themselves flock to the likes of a Demiray. The prevalent personality on...

Demiray was all hat and no cattle and there is doubt he ever traded a real money account. Had he traded real money he would have been bankrupt long ago. Just another hypster trying to reel in the suckers.

All this bombastic talk and from someone (Lucias) who has an $800 to $1000 real money account.

If you are a good trader it doesn't matter how miniscule your real money account is. Over time you should be able to compound it to a much larger amount. In the real world though (and I am talking about home-based traders here) there are very few good traders out there.

Lucias, scary, real scary. You have done nothing with real money on the line. Hypothetical proves nothing, absolutely nothing. If you truly had any abilities you would have traded a small real money account into a much larger one by now. Instead, you pester everybody to fund you with a...