Confessions of a successful trader

...and finally, i will end this thread as it began, with an invitation for the other dozen or so other successful traders on ET to PM me for hookup or to offer amusing "confessions"

Btw, Everything I've posted in this thread is true. I started my trading accounts with 50k in 2003 and I've made seven figures in each of the last 5 years, which i'm guessing does put me somewhere around the top "dozen or so" traders on ET. Thanks for all those serious or seriously funny posts in the thread. May the force be with you!
 
First time I looked at this thread and of course...

GAYDERZONES has to come troll this thread and use his endless amounts of wanking time to argue over things that will never be proved.

GL GAYDERZONES on waisting everyones' time to read your useless posts.
 
YO I read that you play BJ and craps. Whats the most points you've hit sucessfully without crapping out. Mine is 4 for now, i've heard people hit 7-10 before. It's a good game to practice money management I think.
 
I like poker better for practice, the house will always have an edge playing craps, but it's very easy to have an edge playing poker.
BJ is so hard to count cards, it really made my brain hurt after a short while.
 
Quote from StLouisTrader:

I think it would be great if I could meet someone on ET that was a better trader than me and possibly learn from each other.

That would be a majority. Those who don't get their jollies by bragging and trying to roll in their imagined limelight.

You MIGHT make money, but the severer need to blow your own horn makes you sound like an entire brass ensemble.

Seriously, if you feel the need to boast anonymously and then avoid all challenges to your veracity (which is the much more reasonable position), then use the $7 (7 figure) you made last year as a copayment on mental therapy. Then consider coming back and contributing instead of bragging.
 
Quote from StLouisTrader:

...and finally, i will end this thread as it began, with an invitation for the other dozen or so other successful traders on ET to PM me for hookup or to offer amusing "confessions"

Btw, Everything I've posted in this thread is true. I started my trading accounts with 50k in 2003 and I've made seven figures in each of the last 5 years, which i'm guessing does put me somewhere around the top "dozen or so" traders on ET. Thanks for all those serious or seriously funny posts in the thread. May the force be with you!
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I thought you were a fraud from 50 pages ago... now I'm sure.
 
Here is the giveaway that you are a fraud. You come on here insisting that all of your trades have been on the winning side. You see, this is how someone who does not trade thinks. They think this is a football game where you have to win the majority of the time to be the champion.

In reality, trading is really about a lot of small losses and huge wins. Most systems do not work most of the time, but when they do, they hit it out of the park. When you raised my old ICO thread up, it was a clear giveaway. Of course, 90% of my picks are losers because thats just how it is. A trader waits for confirmation or just bails out of the trade if it goes against them. The confirmation usually never comes and most just end up bailing.

I have lost most of the time on my trades but I am up nearly 100% since August. I know, I know, how could I have done that. Well, you have to trade first to know how. I sit here everyday and lose on most trades, but still come out ahead. Thats how the game is really played...

Why do you think the professional traders who come on CNBC are almost always wrong, but somehow they still are trusted with and make money.

Sit down and think about it tonight. I know its difficult, but you will figure out the answer eventually.
 
Quote from retaildaytrader:

Here is the giveaway that you are a fraud. You come on here insisting that all of your trades have been on the winning side. You see, this is how someone who does not trade thinks. They think this is a football game where you have to win the majority of the time to be the champion.

In reality, trading is really about a lot of small losses and huge wins. Most systems do not work most of the time, but when they do, they hit it out of the park. When you raised my old ICO thread up, it was a clear giveaway. Of course, 90% of my picks are losers because thats just how it is. A trader waits for confirmation or just bails out of the trade if it goes against them. The confirmation usually never comes and most just end up bailing.

I have lost most of the time on my trades but I am up nearly 100% since August. I know, I know, how could I have done that. Well, you have to trade first to know how. I sit here everyday and lose on most trades, but still come out ahead. Thats how the game is really played...

Why do you think the professional traders who come on CNBC are almost always wrong, but somehow they still are trusted with and make money.

Sit down and think about it tonight. I know its difficult, but you will figure out the answer eventually.
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You have to wonder why someone who makes an anonymous claim to success (even starting a thread about himself), and then ducks/avoids the very reasonable requests for evidence, imagines that should be taken seriously.

The only amazing thing is that ANYONE on ET took him seriously. Seriously, whatever happened to "verification"? You believe something when you see it. I guess they are the same people that send $6,000 to an unknown guru website, and then wonder why they are not making the promised 500% annually. Seriously, it has been well established that people with wealth or success (unless they are marketing something) highly prefer anonymity, secrecy and discretion.

Of course, he DID clear it up by telling that it was TRUE that he is a 7 figure trader (If 5 of those figures take out it to the 1/100,000 of a dollar). Too bad you cannot spend simtrading profits, except on imaginary jets. :D

This kind of action is pretty much the lonely 37yo paper trader living in Dad's basement apartment pining for SOME kind of attention. What better way than to start threads claiming success and seeking praise and worship? This must be what drives Jack Hershey.

He/she is nothing more than a glorified version of the 70+ alias c-kid/Jasonn/cold that keeps starting "don't you want to learn from me, a success?" threads during the last year. Except St. Louis pressed the fantasy a lot harder and with a lot more delusions and desparation.

But I highly doubt the OP can give up yet. Seems to have a really serious case of cravng attention and adoration. The OP needs therapy, hope can find some kind of help. Do feel sorry for him/her, this has been one of the more pathetic threads in a while.
 
Confessions:

1. I am a Jew. The name gives no hint.
2. I read ET for entertainment only, much like the TV show of the 80s.
3. Those who profit most from ET posters/traders are the brokers who also spend the most advertising dollars on ET. Those brokers' most profitable clients blow-out their accounts, time after time, much like banks that charge high NSF fees knowing that most people will not change their habits.
4. I enjoy a nice petite female's ass swinging down the walk.
5. If a guru truly knew how run a profitable system, they would have no need to sell their system/signals to anyone, and would not do so out of generosity. Former guru talking.
6. I retire from trading on Christmas Eve of this year. Seeking some excitement in my middle years. Perhaps I will marry, or start grabbing a few of those petite female asses as they walk. Maybe both. But then, I might get sued for harrassment and/or divorce, and find myself back in the market.
 
wow! reading that was a a cathartic experience!

Quote from Jacob Fries:

Confessions:

1. I am a Jew. The name gives no hint.
2. I read ET for entertainment only, much like the TV show of the 80s.
3. Those who profit most from ET posters/traders are the brokers who also spend the most advertising dollars on ET. Those brokers' most profitable clients blow-out their accounts, time after time, much like banks that charge high NSF fees knowing that most people will not change their habits.
4. I enjoy a nice petite female's ass swinging down the walk.
5. If a guru truly knew how run a profitable system, they would have no need to sell their system/signals to anyone, and would not do so out of generosity. Former guru talking.
6. I retire from trading on Christmas Eve of this year. Seeking some excitement in my middle years. Perhaps I will marry, or start grabbing a few of those petite female asses as they walk. Maybe both. But then, I might get sued for harrassment and/or divorce, and find myself back in the market.
More...
 
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