Again you say my statements are fake and impossible to achieve. But you refuse to take the bet.
HIGHLY SUSPICIOUS.
On ignore.
Last edited:
Backtesting: My trading strategy works too well
- Thread starter Victory5
- Start date
HIGHLY SUSPICIOUS.
On ignore.
Since we are completely off-topic anyway:
Giving PT/SL signals is only one very simple way to trade, assuming everyone trades with that methodology is absurd and untrue, making "calls" is so very 1990s. That said, I don't believe "i am nobody" because if what he says is true and he CONSTANTLY makes that rate of return, he should be able to show us pictures of his mansion(s), private jet and possibly his very own Greek island.
The argument that he makes so much but still deals with such small accounts does not compute.
You don't know how big my account is, you don't know how many accounts I have, you don't know how long I have these returns , and how my previous returns were, but you apparently know already everything about me.
If you should read ALL my postings then you would know that I don't want to trade to become the richest man in the world. People are free to choose, and they can freely choose if they have money.
I can choose:
- limit my trading and try to have a good life. I only trade the ES and that's enough to me
- I can trade all markets 24 hours a day, trade millions or billions, and have no time to live. Eventually I will die and be maybe the richest man on the graveyard.
People who have no money dream always about becoming rich. If you have enough money to live a very good life, you start to see the backside of making money. You start to appreciate more to live well than to gether more and more money. But to understand that you should first make decent money.
I know personally a billionaire. He has no mansions, no private jet and no Greek Island. I will show him your posting and tell him he is in reality a poor man.
I don't know any specific numbers but there are some billionaires (e.g. Bobby Murphy) that do not own a mansion. They live in condos, high end 2 - 3 bedroom apartments or something else that someone making 250k per year can afford. They don't own private jets but when they do fly...its first class. Not sure about the Greek island thing...maybe the IMF & EU owns them all by now.
One of the Uber founders continue living in a condo with a buddy and the buddy's girlfriend for about a year AFTER becoming a billionaire. I then read recently the guy bought nice "little luxury" condo.
My point is that if some billionaires can live like such...how many millionaires live normal lifestyles.
One of my best friends from college inherited 15 million when he turned 21 years old. Today, in his 40s, he bikes to work (he works for a non-profit organization) and is planning on buying a new Volkswagen Beetle to replace his 12 year old car.
Simply, some folks that are rich live a dream come true fancy lifestyle...others don't. The latter you would never know they were a billionaire or millionaire if you saw their house, condo, apartment, car, cloths or whatever. These people just view money differently than our own views of the rich.
P.S. Some millionaires or billionaires that live a normal lifestyle always have the option of living the life of the rich & famous later in their life especially those that are .
Last edited:
I agree real time call is not a good way to show something especially if you trade in a short term, a paper trading account may be a better way (as far as you are not scalping for 2 to 3 ticks).
Over the years I have met so many profitable trader and also fake guru. The fake one always exhibit similar trends:
1) "Hint" he has ton of money from trading (without any real proof).
2) Try to show some vague arguments/trading "formula" and claim this is "trade secret" that he can't share further. This will attract ton of newbie to follow him.
3) He will tell his followers that he will try to "help" them out from poor, the reason he want to do this is to give back to society or any other BS reasons. The ultimate goal is to gain some financial benefits from the followers.
4) Try to show arrogant when he been confronted with disbeliever, because he know he will not able to "convert" those people to be his "follower", the exhibition of the "arrogant" behaviors is to set example to his follower that "he don't care and go away from my sight if you don't believe me". You can see in any " free" trading seminar in 5 star hotel, some signal sellers will ask anyone dare to challenge them to leave the seminar, or humiliate anyone that challenge their trading method, or web site that sell trading signals or "trading mentors" that behave in the same way.
Regarding his "edge" and performance - (10% a day or something? CONSTANTLY). Ask yourself if this is too good to be true, it is almost ..
Last edited:
A logical error in your statements. You want to be paid to convince us of your ability BUT at the same time you tell us that money isn't that important to you, a major controversy in your statements here.
Personally, I don't know of anyone who would have issues with making billions, the problems start when you start spending your billions and attracting all sorts of attention.
If your abilities are true then why not simply trade 16 hours a day for a few years and never trade again. If you're going to tell me that trading never stresses you out, that you're one of those traders that NEVER has a drawdown and you just enjoy it all the time then I know you're being dishonest.
I do agree that for one to be rich, one does not have to show off material wealth but that is one valid measure of claims.
Because 16 hours a day is not my goal in life. My goal is to trade a few days every week, or even less, and only to take 1 big move, so just a few hours. And have holiday 16 hours a day. I would have issues with making billions because that would ruin my life, at least the quality part of my life. People who are all the time speaking about making billions are in reality people who are poor and have even no idea what you can do with just 1 million profits a year.
Take at least an effort to read this story:
http://bemorewithless.com/the-story-of-the-mexican-fisherman/
And maybe, maybe, maybe you will understand how I view life and how much of my life I still want to sacrifice to trading. I trade for a living, I don't live for trading.
It is also clear now that I am losing quality time here, so "I am nobody" will disappear and spent this time on more pleasant things.
I learned one thing: there are many experts here who know what is possible and what isn't. They are so sure that they are even afraid to take a bet they can never lose. That's how confident they are about what they tell. They are the ELITE traders. LOL.
That's all fine but detached from reality. It's nice to be overly confident about making that much until you die or retire but what you don't add into your equation are non-trading related risks - disease, market structure change etc.
Plenty of Mexican fishermen types thought they could live like that until the fish supplies started running out and what then?
To be clear, you're claiming you make at least $1 million USD per year from trading?
So from what I understand you drink wine and eat steak 5 days in a week and trade for 2, in those 2 days you just spend a few hours picking out the highest profitable trade of the day...or week and then go back to wine and steak.
I know traders who do very well and it doesn't sound anything like their usual day.
I really love the ET members who talk about their amazing returns and when challenged, start telling how above everyone else they are. I suppose I should be offended about being called poor but I'm not the one not giving a shred of evidence - even for kicks - to support my claims...as I've posted results before (just for the record, I'm not claiming to be rich but neither poor).
You never answered my question about the conflict in your claims regarding not needing any more money and demanding to be paid for showing results (not strategy but long term results).
I would take the advice to watch a real market for awhile to see if your system does what you think it does. I also would not pay any attention whatsoever to the people that say that profits like yours can't be done. There are plenty of people everywhere that just think they are right, they are aligned with the conventional wisdom, and it is just not possible for them to be wrong. There is nothing you can do with them or about them, just ignore them and do what you are going to do.