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robert kyosaki makes his money selling poorly written books. Ignore him. selling options isn’t a form of income. It’s a form of speculation. That doesn’t mean it can’t be profitable.

here’s the problem with your story. The returns are fantastical. There are lots of ETers who claim fantastical returns but the rest of their story is mediocre. It’s like what a failed trader thinks a good trader is supposed to say and they say that. there are guys who have 100x’d their accounts...

30percent/month over 18 months. 50percent/year over 15 years. That’s one helluva streak. And to think you have the skills to predict the short time frames and the long ones! maybe Al brooks is worth 750mm. It would only take like 10 years to get there starting with a few thousand. amazing...

100x in 18 months is incredible especially using TA to guess direction. 50percent cagr for 15 years is one of the greatest stock pickers of all time.

You are seriously the greatest trader alive. It’s amazing how many people on ET can put up such incredible returns. the foresight to buy one stock that has done 50percent cagr for 15 years. Even the faangs haven’t done that (and the wealth creation there was considered the greatest in...

why would you bother with a 50% return per year when you can make 30%/month? Why are you merely making a living if your returns are so awesome for so long?

he might even fund in Yen naturally given the scope of his business. When i was trading institutionally, we funded in local currencies so the only fx exposure we had was on our pnl. If we bought DB German shares, and the euro went down, but DB stock was unchanged, we had no pnl.

i bet his lawyer smacked him upside the head and said "the stupid shit you are posting on ET isn't helping your arguments against your wife." And then his realtor kicked him in the shins and said "they aren't helping you sell your house you derelict"

Remember when you said the Supreme Court should hear Donald Trump's election fraud cases only because so many Republicans were upset? Pepperidge Farms remembers.

I saw that post. That’s why I added “on elitetrader” in my post. He hangs around with us degenerates rather than making the big bucks in that other forum.

Here’s a conditional probability question for the forum: how come all the Al Brooks followers on elitetrader are poor while Al brooks is so rich?

fucking auto correct. my new iPhone auto corrects “car” to “cad”

He’s one of those secret millionaires. Lives in a 600k home 350 days a year and in his castle in minute Carlo for 15 days.

I think he deliberately obfuscates what he says on here. I’ve spoken to him and he can say things simply too.

the smartest people talk plainly.

because trading is fundamentally using your brain and available Information to make the correct conclusions about things you don’t have perfect information on.

It’s not the internet any other way. but I’m pretty sure there isn’t a guru out there whose made 750mm trading intraday.

maga will love him more.

i bet you will get to step four and that's it. and i know nothing about this guy.

You know he's trolling bathroom stalls at truck stops.