2000 thousand dollars

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Quote from college ruled:

@00 i will cover my longs go short a full lot

THIS IS MY TRADE not yours MINE
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cover full lot from 92,50 +$75

short full lot double 00

this MY trade not yours!
 
Look what the EUR/USD did after 9/4/12 when this kid started. Kind of hard to fuck that up don't you think? His returns do not even come close to being impressive when you put that in perspective. No one should be encouraging such blatant ignorance.

Don't let a bull market convince you that you're smart.
 
Quote from TheMan:

mehhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

Its not like he just bought and held on to it and made one trade.

He is "trading" the action, regardless you have to give him at least that.


Post your returns then.

And no , i will not post mine. I may venture into the P/L thread at some point under a different handle, a few here know me from another site under a different name.

I could link everyone to that site and they may actually learn something worth a shit, but what would be the point in doing it on this site with the quality of traders that it has, NOTTTTTTTTTTTAAAAAAAAAAAA


Would love to hear your additional thoughts on the matter.
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Let me sum up my opinion succinctly: The entire purpose of what we're doing should be to mimic or exceed the returns of the market as a whole, while limiting downside risk. If our gains don't outperform or at least perform on par with the market, and/or if we take on extremely risky positions for paltry gains, we are wasting our time.
Trading for me is about more than just an arbitrary P/L statement. I want to know why I'm making money, if the strategy is sustainable, and if the strategy is worth the time and risk.

That being said, what this kid is doing is so contrary and offensive to what I'm trying to do that I couldn't resist posting something.
 
Quote from chrisjs87:

Let me sum up my opinion succinctly: The entire purpose of what we're doing should be to mimic or exceed the returns of the market as a whole, while limiting downside risk. If our gains don't outperform or at least perform on par with the market, and/or if we take on extremely risky positions for paltry gains, we are wasting our time.
Trading for me is about more than just an arbitrary P/L statement. I want to know why I'm making money, if the strategy is sustainable, and if the strategy is worth the time and risk.

That being said, what this kid is doing is so contrary and offensive to what I'm trying to do that I couldn't resist posting something.
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he's like a new pup that chews on the furniture and craps on the rug,they all do that,but if you were a hunter he might be a natural bird dog,gotta let em grow,give him time..we were all pups once
 
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