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+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.

To each their own. I am into the compounding of my capital. With a small account it was about % returns and I strived to compound at a 50% to 80% clip in order to get that small account to a much larger one. Now that it is seven figures I can't compound anywhere near 50% to 80% and settle...

Doesn't it have to a lot to do with your account size? When my account was small I was obsessed with % returns. Now that it is seven figures all I care about are absolute dollar returns. However, regardless of account size, I try to keep my maximum drawdowns under 3% to 4% which I did just...

Some of the better advice I have seen here, especially the part about the entourage of shills. In the end all that really counts are actual *multi-year* real money trading statements and that is something the Dream Merchants and their shills are never able to produce.

You pretty much sound like a lot here who are hampered by unrealistic expectations. In the real world of real money trading turning $100 into $200 or $600 is a big deal. The real rock stars in the trading business are those who can consistently *compound* their trading capital over time at a...

Different strokes for different folks I guess as I think it's all about money management. A good trader could use darts for his entries.