Do full-time forex traders exist or is it just make believe?

Quote from Ol' Yella:

LOL-- this thread is getting crazier and crazier

Trade4Brazil has blamed oldtimer for his losses and quit ET...

Xspurt and Freak have resumed their feud...

claims of trading 20,000 ES contracts in your pajamas....

Now all we need is Woody to show up with the vacation pics he promised, maybe one of him at his laptop making 32 ticks a day from his yacht if we're lucky. :p

In any case here's the original post that contained the ES 20K reference, just to prove I wasnt making it up:

http://www.elitetrader.com/vb/showthread.php?s=&postid=3785295#post3785295

I can't even see Freak. He got marked down to minus points for mindless repetitions and consequently fell into my ignore list. Is he still freaking? Ah well, aptly named :)

Isn't it absolutely there are big traders on the ES. I mean you'd think they'd all be one lot traders there.
 
Quote from SimpleTrades:

Sheda,

I was about to say something, but deleted the post. I'll say this instead. I think 40 pips average is what is intended, but its important to realize that you can average 40 pips a day and still lose all of your money.

I agree, its also possible to go an extended period of time without a losing day, its also possible to go an extented period of time with nothing but losing days! The systems we as individuals have placed our trust in will determine if we remain solvent and profitable over the long term.

Its the nature of the game, anyone playing it understands...
 
I am the rookie he is talking about and this is exactly why I stopped posting on this board and it won't matter how many more statements I show (those were my statements he posted) you still won't believe and will still have naysayers. So what's the use? I don't care all I can say is full-time traders DO EXIST!
 
Quote from Rob Johnson:

I am the rookie he is talking about and this is exactly why I stopped posting on this board and it won't matter how many more statements I show (those were my statements he posted) you still won't believe and will still have naysayers. So what's the use? I don't care all I can say is full-time traders DO EXIST!

A complete rookie? Who sold his business sometime before April 2012, and acknowledges some trading experience before that day?

http://www.elitetrader.com/vb/showthread.php?s=&threadid=240028&perpage=6&pagenumber=1

You're about as much a rookie as I am, and I don't consider myself a rookie at this point. I'm a junior trader, but definately not a rookie.
 
So the story goes like this--- guy sells a business a year ago and has no plan for what to do next.

Shows up on a trading forum asking for advice....

"I just sold my business for 250k. Can I make a living trading or should I buy another business. I have very little trading exp"

"I need to know which direction I should go"

"I've built and sold businesses my whole life I was just looking for an easier way to make a living"

He finds a genius mentor and a year later he's a cinch to be a millionaire forex daytrader!

started with with 10k, after 1 week down to 7.5k, after 4 weeks up to 30k, and at 6 weeks is making 10k+ a day.

This is so far out there!

Even in the Combine--- in 2 years they have not found a 6 fig earner yet. In fact, less than 1% of tryouts even make it to funded status!!! Yes they have profitable traders but it takes a LONG time to grow into huge size!!!

yet Xspurt will make you a 7 fig earner in a year or so!! not to mention the other student who has gone from piker to 20,000 ES contracts per trade in 6 yrs time!

come on, this is either an advertisement or delusional fantasy ramblings....

LOL
 
Quote from Ol' Yella:

So the story goes like this--- guy sells a business a year ago and has no plan for what to do next.

Shows up on a trading forum asking for advice....

"I just sold my business for 250k. Can I make a living trading or should I buy another business. I have very little trading exp"

"I need to know which direction I should go"

"I've built and sold businesses my whole life I was just looking for an easier way to make a living"

He finds a genius mentor and a year later he's a cinch to be a millionaire forex daytrader!

started with with 10k, after 1 week down to 7.5k, after 4 weeks up to 30k, and at 6 weeks is making 10k+ a day.

This is so far out there!

Even in the Combine--- in 2 years they have not found a 6 fig earner yet. In fact, less than 1% of tryouts even make it to funded status!!! Yes they have profitable traders but it takes a LONG time to grow into huge size!!!

yet Xspurt will make you a 7 fig earner in a year or so!! not to mention the other student who has gone from piker to 20,000 ES contracts per trade in 6 yrs time!

come on, this is either an advertisement or delusional fantasy ramblings....

LOL

Duh!! Can you show me anywhere I said I have a student doing 20,000 ES contracts? Show that post you nutter.

You saw 20,000 ES and that was enough for you to quit reading. Now go back and read it properly.
 
Quote from Xspurt:



As an aside, a guy I know is one of the biggest ES traders in the world and at times he hits 20,000 contracts in a single trade which is the exchange limit. He trades from home and 6 yrs back had a small account. He uses TA and if you ask him for a statement to prove it he'll tell you where to take your statement.
 
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