Am I a genius or a fool

trend_guy · Jul 30, 2006

Quote from pattern nut:

I CAN double my prt in 6 trades, BUT should I

Guys, even though I know none of you, and no one here knows me.

We all know each others story, we go through hope and pain and in the end some of us start consistently profiting.

Because we all go through same things really, I trust your opinions.

I am confident with my trading, my accuracy is 80%, I can double portfolio in month and a half, with about 15 trades, (I trade futures by the way)

So why donât I take greater margin and double my portfolio in 6 trades.

Does that sound really crazy, or am I just being logical here.

my current account is 30 k Why not make it 60 in 6 carefully placed trades

I am sure many of you wandered the same thing

Why...

A four letter work... R-I-S-K

BrandNewTrader · Jul 30, 2006

Quote from inCom:

A more correct definition actually would be: men are egotistical (selfish), women are egocentric.

Women use emotions to get attention because they are egocentric.

Regards,
SG

I concur.

cscott · Jul 31, 2006

Quote from snooptrader:

Of course MrsSavant is ElectricSavant

http://www.elitetrader.com/vb/showthread.php?s=&threadid=73299&perpage=6&pagenumber=4

Female impersonators are everywhere these days.

Eliot Hosewater · Jul 31, 2006

Quote from hypostomus:

I recommend with all sincerity that you take out a home equity loan, draw down your credit card cash limits, take out all the unsecured personal loans you can, hock what is valuable, borrow from your family and friends, drain your checking/savings, close out any 401K's/IRA's, put all that money into one of those futures brokerages that charges only $500 a car, and go for it. In exchange for my fine advice, would you please bring all that liquidity to NQ on Monday?

And change your login name to Black Swan.

OddTrader · Jul 31, 2006

Quote from hypostomus:

I recommend with all sincerity that you take out a home equity loan, draw down your credit card cash limits, take out all the unsecured personal loans you can, hock what is valuable, borrow from your family and friends, drain your checking/savings, close out any 401K's/IRA's, put all that money into one of those futures brokerages that charges only $500 a car, and go for it. In exchange for my fine advice, would you please bring all that liquidity to NQ on Monday?

PN, you'll be a fool if not following Hypo's genius suggestion.

JimmyJam · Jul 31, 2006

Actually if you double your current margin, you're going to end up looking like a genius in about 9 months ... and if you 1/2 it, the probabilities are that you'll skew your mojo and unfortunately have to start climbing that mountain all over again.

Whichever way you go, best o-luck.

You've obviously done the work, just make sure you're able to profit from it.

Later,

Jimmy

skumarwins · Jul 31, 2006

hai

that is good thing

go ahead all the best for profits to be crashed

Senthil kumar

Quote from pattern nut:

I CAN double my prt in 6 trades, BUT should I

Guys, even though I know none of you, and no one here knows me.

We all know each others story, we go through hope and pain and in the end some of us start consistently profiting.

Because we all go through same things really, I trust your opinions.

I am confident with my trading, my accuracy is 80%, I can double portfolio in month and a half, with about 15 trades, (I trade futures by the way)

So why donât I take greater margin and double my portfolio in 6 trades.

Does that sound really crazy, or am I just being logical here.

my current account is 30 k Why not make it 60 in 6 carefully placed trades

I am sure many of you wandered the same thing

Wayne Gibbous · Jul 31, 2006

Sorry. Gotta go with fool.

Market "geniuses" get wiped out fairly quickly. (look up LTCM or V. Niederhoffer for ref)

You might want to check out this book: http://www.amazon.com/gp/product/08...0622/ref=pd_bbs_1/102-5791516-2725703?ie=UTF8

Good luck.

NZDSPeCIALISt · Aug 2, 2006

The guy can consistantly double his account every few hours/days/weeks/months - so f******* what. Why do people constantly have to f****** tell him/her that it cannot/should not/will not be done. A poster came on here recently and said something along the lines of "I could say that I turned 5000$ into 5$mill. but 50 people will come out and tell me what I did wrong". Well that is so f******* true. Just because someone does it/ did it and he is trying to inspire others and have some feedback - does not invite the door for all and sundry to go all out and disprove that it is a lie/cannot be done etc. Every trader doesnt use moving averages.. F******* moronic masses - sheeple.

nbates · Aug 2, 2006

hey, I just made a machine that moves matter at speeds above and beyond the speed of light. I'd like to share it with you and am looking for some advice in this forum; "what do you think I should do with it?".

thanks in advance,
NB