Consistently Profitable Day Traders

[yenzen]

Quote from MAESTRO:

Winter, there are shit load of people who think that if they can not do it then no one can! Typical reaction of a frustrated dude.

spoken like a true shill.

Mr. Zen

 

[imc]

What does 'shill' mean?

 

[winter]

Quote from yenzen:
spoken like a true shill.

"Lighten up, Francis"

 

[jim c]

One who poses as a satisfied customer or an enthusiastic gambler to dupe bystanders into participating in a swindle.

 

[imc]

Ah! Not to be confused with 'shilling' which is an old coin.

 

[MAESTRO]

Quote from yenzen:

spoken like a true shill.

Mr. Zen

You are right! I need you to participate in this "swindle" (trading) so I can take your money. You got me!

 

[Random.Capital]

ET is a really neat thing to watch. 2 years ago, everybody was about catching the trend. Now, everybody is jumping the "mean reversion", "short volatility" train. Not hard to see why: vendors and would-be gurus/mentors always optimize to the last couple of years since that's what makes their mythical systems look best. A classic, current example of this is Maestro: 18 months ago, posting as "abogdan", he was all over trend following. Market changes, hypothetical trending systems start failing, so an alias change later, a new hypothetical system shorting volatility, and he's calling Schwagger trying to bag an interview.

It doesn't take a genius to see how this will all end.

Never, ever trust a vendor unless they can verify the performance in black and white.

 

[JanaSergeevna]

Quote from sugaree:its been proven that you can not make a long term living doing day trading.

Well, I hope that's wrong for a start, otherwise I've just wasted the last 5 years of my life making a living doing day trading!

 

[newzealand]

has anyone used or know anyone tghat has tried futures trading academy?...they trade there own money ..sound sgood...although 300 a month.....

 

[yenzen]

Quote from JanaSergeevna:

Well, I hope that's wrong for a start, otherwise I've just wasted the last 5 years of my life making a living doing day trading!

bobcathy made similar claim until one day she fessed up to everyone that it was all a fable. I get the feeling many of the big talkers are of similar ilk.

Mr. Zen