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  1. T

    Is my career over?

    He never claimed 150K on ET. Good enough for me. No one takes myspace salaries seriously, come on.
  2. T

    Is my career over?

    This guy thinking 400% a month is even possible is surely Jerry Springer material :D
  3. T

    Is my career over?

    First you should learn to read. I never claimed I only have 200K Quote me if you can. Again you prove you cant read. I have more than 200K. I make a lot more than $363 a day. Did you not see my profit today? Your reading comprehension is very very poor. About as bad as your trading...
  4. T

    Is my career over?

    Ummmm the market is closed right now and I already posted my 2K profit for the day :) Im running backtests all day long as we speak.
  5. T

    Is my career over?

    Oh really? I guess you can pull more than 50% a year then, huh? Oh wait, your losing money like crazy, never mind :) 20% of a million is 200K a year. 50% of a million is 500K a year. Median doctor pay is 155K a year. I guess this is chump change to you. After all, you had a whole 30K...
  6. T

    Is my career over?

    That is only one of your problems. Again, only one of the big holes in your trading. No you dont. Your current track record proves this. I trader flipping a coin can do the same thing. A sign of someone who doesnt know how to trade. Your luck ran out. This has nothing to do with...
  7. T

    Is my career over?

    The fact that you dont even realize that this means absolutely nothing speaks volumes. I can accomplish that flipping a coin. I never said I had 200K. I said I have more than 200K. I also make between 20% and 50% a year on my account, if you want to call that conservative, be my guest. My...
  8. T

    Is my career over?

    I agree, you are not me. I can make far more than $363 a day on a 200K account. You on the other hand can only lose money with a 200K account as your track record has already proven. :)
  9. T

    Is my career over?

    This reminds me of the really bad american idol singers who are delusional, refuse to give up, think they are great, but its obvious to everyone around them that they are terrible singers who will never ever make it. However, I am not saying you are one of these people. You may have what it...
  10. T

    Is my career over?

    You dont have to be a pro football player to immediately recognize that someone who decided he wants to play pro football yesterday, with no football experience at all, doesnt belong in a pro football game :)
  11. T

    Is my career over?

    That is not an edge.
  12. T

    Is my career over?

    No, all your losses have been due to trading without an edge against people with an edge. Actually, its very very very very very unreasonable to think you will get it back at this point. The only thing you can do right now is make sure you dont throw more away. That money is gone. You...
  13. T

    Is my career over?

    Here is the final result of todays crappy trading. IB shows your final net at the end of the day. I included a pic of this forum as time snapshot evidence. Today was really bad, because making 2 grand off of 32 trades is pretty pathetic for my systems. Lots of tiny winners and losers. Over all...
  14. T

    Is my career over?

    Lets not just throw away the context shall we??? Which is a better approach, to becoming a great poker player?? Lets assume you and I want to be pro poker players and we each start with $50K. My approach ------------- Dont play poker until I fully understand the game Read all the poker...
  15. T

    Is my career over?

    Lets see here, basic math tells me that: 200K account 20% profit = 40K year 30% profit = 60K year 40% profit = 80Ka year Ummm, so how much do you have now??? Again, I ask you, how do you expect to pull 20% a year starting out? You wont. Drop your ego at the door and open your ears...
  16. T

    Is my career over?

    The painful truth is, you never had a career in trading to start with. This was the equivalent a guy who just read the rules of poker and sat at a table with a bunch of pro's. Sure you made a little bit of money along the way due to pure luck, but you were doomed from the start if you played...
  17. T

    The Single-Family Home Tax Shelter Myth

    Ive seen similar around this area. http://www.sacbee.com/content/homes/re_news/story/14252568p-15068651c.html Starting to smell like a blow off top. They better hope a selling panic doesnt kick in similar to the buying panic driven by low rates.
  18. T

    The Single-Family Home Tax Shelter Myth

    Ah ok, I seem to remember you mentioned homes in the OC and was shocked anything like that existed in california any more. Thats easy to believe in the mid west. High demand areas like SoCal are a different world, thats for sure. In your area, you still have the option of buying and...
  19. T

    The Single-Family Home Tax Shelter Myth

    Rent is higher than mortgages in your area? So do you live in hell or some place less pleasing than hell by chance? ;-) I cant believe that even exists anywhere half decent. Where I live, you cant buy a house and rent it without a nice negative cash flow, not even close.
  20. T

    The Single-Family Home Tax Shelter Myth

    I agree to a point you must also take into consideration that markets tend to sorta max out. Beach property in La Jolla for example has a pretty shitty return compared to inland property that has boomed. Rents hit a cap based on salaries in the area, and home prices in the priciest areas...
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