DAT Trader:
I said commission % not profit %. People get 95 % payout at my firm once they become experienced. A small % of 5% is not worth the stress lol.
Limbo:
I don't think I mentioned anything other than trading in this thread.
And don't get too excited, Tony did the same thing for me, even send me his books, and I totally appreciate it and value him as a true friend. Did I make a dime trading his strategies . . . No. In fact, one of my rivals at work laughed at me when I brought in Tony Oz autographed books and said he was just using me as a marketing tool as someone like me is almost guaranteed to spread the word around.
Chris:
Brandon stated in another thread that he will audit his record, case closed, instant respect from me and I will subscribe to his service for sure if he proves to be as good as advertised.
Being humble is a quality that I have in spades, as I have never ever pretended to be someone I am not, and if you ask me how I did on any given day I will mention my mistakes first, same if you ask me about my trading style, you will hear my weaknesses first.
I am not saying I am better than anyone, and of course there is always a chance that some plane crashes on my house as I am typing this message, I don't make it to 2010. All I am saying is, IF you are NOT true to yourself, barring a major disaster, I will beat you, by 2010.
Everyone and their mother dodge my bullets with non-sense, and I believe every single word Pej said when he told me that he is running a hedge fund. No harm ever comes from overestimating an opponent, underestimating can be a fatal mistake. There was some guy named Moma who said he made seven digits 99-00 and high six digits in 01, and I took his word for it and immediately gave him my respect. Because if he is not who he says he is, he is not true to himself and that alone will keep him from competing with me later in the game, and giving respect to someone who has zero chance of beating you is better than underestimating someone who is playing at a much higher level than yours.
So if you can stop dodging bullets like rain drops, give me a basic idea of where you are (and no, please don't say I trade 3000 share positions regularly, doesn't mean jack, so does one of my best friends at work, and I already told you what her stats are). I don't need no audited track record.
Trust me, make a poll and ask people if they think chatroom vendors should publicize their trading record, you will be surprised.
Dottom:
When I say something I mean it, and I am not afraid to say I am wrong. If I am the type of guy who changes his mind every now and then I wouldn't have took this career path.
When I am onto something I attack it with 100% ferocity, and I don't turn corners because the shortest distance between two points is a straight line. I don't write poetic stuff when I am talking about my career. I don't try to be a philosopher and avoid the simple questions "do you average $200 or $300 a day because there is a very big difference?" or "what percentage of your income actually comes from your trading?". I don't pretend that I have all the answers because I do not. I am perfectly aware of the fact that George Soros blew up and I remember the story of a 4 year veteran losing 140K in one day and ended his career at my firm. I too am an immigrant and I don't make it like a big deal because no one cares what your background is or how you get there, the question is whether you CAN make it big time or not.
I believe chat rooms are garbage until the vendor publicizes his account record. The reason I decided to get my hands dirty in this mud throwing contest is very similar to say, Don Bright (albeit on a smaller scale since I am in no position to compete with him pound for pound this early in my career).
What Don is doing is absolutely ingenius, controversy generates attention, attention generates publicity, publicity generates customers, customers generates revenue. By running this type of controversial comparisons, I mean, everyone in this industry would love to see a delicious "feast of the vendors", and Bright will look like a hero for "clearing things up" and "give back a little to the community". Bravo, that is what I call smart marketing, unfortunately my boss believes in "overpower other firms with raw rates" which is fine but I really thought he should take a note or two from Don with creativity. Outbidding your competitor is awesome but if you can throw a few bones and make them feel that the only reason they come here is not just because of the rates, that you are a firm "ran by traders for traders", it will wreck havoc on the competition.
Until I have fully grown my wings, I can not fly with the likes of Don, so I have to get my hands dirty with some grunt work, like bash a few vendors in the head to stir things up a little bit, it is ok, time is on my side, and I do have a few cards unique to our firm in this cut throat competition.
That said, thanks to all of you I learned the art of "strip tease". Ken "shares the wealth" by telling people to buy two day breakouts, I am going to tell people "I buy oil when the oil sector is going up!". Don had this incredible open journal and ever since I read it, I changed my journal format to "I made half a point on DNA" without any specific rules.
You throw people a few bones and they will come for the meat and potato, why didn't I think of this before?
