Can this be for real?

EVAP said:
Ok. I took out the personal information and have attached the statement.
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None of these are things I trade/watch so I can't even begin to comment... but.... um.. what is with those commission rates? Why for currencies are the commissions outrageous and for SPX500... no commission?

Plus.. this is me being picky.. but when you say you took out the personal info, why does it look like its removed from however the PDF was generated? (I was expected a crappy photoshop job with painted over personal details) This PDF was generated on Sep 16, so on Sept 16 you already had this ready to go with XXX as the user name?

I have only ever seen one statement, my own, but this to me doesn't look like a real enough statement, just a spreadsheet file to be honest. I'm probably wrong, what do I know, but just saying.
 
I think they both should have a commission, but I can check this.

Not sure what you are getting at w.r.t. PDF. I downloaded the report from the website - per suggestion I used my PDF editor to remove personal information. The PDF was generated today, the date September 16th is the starting date and what the program names the report.

I think the guy is probably using a "glitch" in the demo account that allows him to make trades on a delayed basis.

Thanks
 
EVAP said:
I think they both should have a commission, but I can check this.

Not sure what you are getting at w.r.t. PDF. I downloaded the report from the website - per suggestion I used my PDF editor to remove personal information. The PDF was generated today, the date September 16th is the starting date and what the program names the report.

I think the guy is probably using a "glitch" in the demo account that allows him to make trades on a delayed basis.

Thanks
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Ok... I think this explanation makes sense.. thank-you. I don't ever actually change PDF files with a PDF editor, to me it appeared as if the way the file was complied already had the XXX in it, which was surprising given that the date was from Sep 16. But what you say does make sense.

If you were logging into the account, but weren't seeing the trades as they were put on, just maybe at the end of the day, then yes, there is a huge possibility of lots of going on.

My other concern would be that a successful trader has defined risk very very well. How one trade can lose 14k and then lose another 8k, when most wins are 1-3-5k is beyond me. The drawdown is far too large. If he is risking that much on a trade, he is only a few trades away from disaster on an initial 50k account. He is perhaps wanting to show drawdowns, to make it look real (Maddoff of course had a very consistent return every year which was suspicious), but this drawdown shouldn't happen on one or two trades.
 
lol, I love the prices inside ES ticks... and the last ES trade took 20 points of heat before he got out at a 1 pt profit. Is the the guy from Holland? This is why sim-trading is ridiculous.
 
destriero said:
lol, I love the prices inside ES ticks... and the last ES trade took 20 points of heat before he got out at a 1 pt profit. Is the the guy from Holland? This is why sim-trading is ridiculous.
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I'm sure whatever brokerage his account gets funded in will allow for for this type of margin use. When filling out the form to open account they just need to check the " No position limits. The market always comes back to me" box.
 
It's funny the hugely negative reaction (which I understand) because the above is basically what HFT groups do in equities all day every day.
 
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