Does any one make money intrady trading

[Algorithm]

P.S.

You're talking about learning a skill from people that won't even leave their environment to "job" it (like you say) for less than 75 -100K/year. Why on earth do you think they're going to fall over themselves for your 10K.

You're like the Gringo tourist in the boarder town on vacation that gives the street kids a hard time about a shoe shine for a quarter. They should be "greatful" after all. Sometimes it's all about point of view my friend.


Good Luck!

 

[kjkent1]

Boib: So after verifying that I can make money trading for 5 years in a row. If my method does not suit your personality what good does it do either of us?

Well, it gets you $10K, and it gets me an opportunty to see someone actually daytrade for a living.

Also, to clarify, I didn't say that I want to verify that you can make money. I can make money daytrading. I can't make a "living," which I regard as a minimum return of 100% net disposable after-tax income on my at-risk investment.

Boib: It's not so much methodology as emotional control that make the difference. No one but you can control fear and greed.

Like so many others I have encountered, you describe daytrading as if it were magic.

There is no such thing as magic in my experience. There is certainly luck, and there is inspiration, and application of craft.

...but no magic (effect without causation).

 

[kjkent1]

Quote from JimyJam:

"It is most commonly used to refer specifically to the ad hominem abusive, or argumentum ad personam, which consists of criticizing or personally attacking an argument's proponent in an attempt to discredit that argument."

You're like a chick at a singles bar during happy hour who says she won't fuck without a ring.

It's way too easy to just move on to the next one rather than even engage you in conversation.

Crude, but accurate.


JJ

P.S. Hey, here's a heads-up. I hear Puretick is having a run on their membership, maybe you should check them out, probably some pretty good stuff over there.

More ad hominem. What are you, 15 years old? I eat people like you for breakfast.

 

[Algorithm]

Quote from kjkent1:

More ad hominem. What are you, 15 years old? I eat people like you for breakfast.

Okay, now I get it.

Good Luck!

 

[kjkent1]

Quote from Algorithm:

kjkent1 = The Amazing Randy of ET.

Even he (Randy that is) will pony up 1M for the challenge.

Look, face it, no trader that makes money consistently is going to stop for 10K. The amount of a kink you're going to put into that trader's routine and the inevitable "stupid questions" that are going to ensue are going to cost more than 10K that year.

You see, there are not many top tier athletes, artists, musicians, etc.....
The reason? Simply put, it's too phucking hard for the average. Do you think Lance Armstrong would stop to give you the time of day for 10K? Then put up with all the red tape you (obviously a lawyer, not surprised can't make it) are throwing out there?

If you want it, put the time into it. It's going to cost you more than 10K my friend. Hell, 10K, that's within many a trader's tolerances for monthly drawdown.

Good Luck!

Another ad hominem. How quaint. Not sure why some many supposedly successful daytraders are so angry?

I've already said, no one would be willing to train me. The thread issue is: does anyone make money intraday trading?

Answer: probably, but good luck trying to prove it with substantial evidence.

 

[gaj]

well, the answers are:

yes, there are people. i'm one of them, and i'm an insanely small fish in the sea. and i'll never be a BSD. i don't care, i'm quite happy in my little area.

i've helped people out before. who were willing to learn, weren't whining, and were respectful / kind. i've done it for free, on my own time, and of my own decision. before i get PMs, no, i'm not looking to help anyone else out at this time.

there are plenty of trading rooms out there if you're looking for that direction. i believe john carter and linda raschke run two decent ones.

i'm fine if people believe that i can't daytrade / daytrading can't be done.... then i can exist in my own area of the market.

 

[Don Bright]

The discussion of "proof" reminds of something I did a few years ago. I sponsored a panel of industry "professionals" - book writers, seminar givers, chat room types...guru's of all sorts. I'm talking the "usual suspects" - names you've seen a million times.

I originally had about 28 respondents. I only wanted 6 or 8. I told the respondents that I would like to make this panel "real" - and asked that they simply show me the last couple of years' tax return (segments, not even the whole thing) that reflected only a paltry sum of $50K). Well that narrowed the field down to 4, and 2 were my brother and I, LOL.

(Don't ask me for names, LOL).

Don :eek:

 

[Dr. Zhivodka]

So if I've got this right the only requirements you have are 5 years of tax returns and then simply to "watch" someone for of a couple of a months(to be defined)? And for this you will pay someone a large multiple of 10K?

The person that you observe has no responsiblilty to make you profitable? Is that right?

So basically you're willing to pay a dear sum and additionally trade your professional services just to prove to yourself that intraday profitability is possible?

Is this right?

Quote from kjkent1:

I even offered to pay $10,000 to anyone who would just let me sit and watch them do their thing for a couple of months (conditioned on the person also providing me with 5 years worth of verified tax returns demonstrating that they earn substantially all of their income from daytrading).

Two years later and I still have my $10K (my offer remains open -- I'll even throw in free legal representation on any issue, taxation, securities, family law, estates, etc.).

Seems to me that anyone who has actually figured out how to make a living daytrading, simply has no incentive to show anyone else how it's done -- except for a family member or close friend.

 

[fearless9]

Quote from kjkent1:

The thread issue is: does anyone make money intraday trading?

Answer: probably, but good luck trying to prove it with substantial evidence.

I would imagine that those people making substantial daily profits feel that they have nothing to prove to those people who are not.

Hence the complete absence of substantiating evidence.

regards
f9

 

[Boib]

Quote from kjkent1:

Well, it gets you $10K, and it gets me an opportunty to see someone actually daytrade for a living.

Also, to clarify, I didn't say that I want to verify that you can make money. I can make money daytrading. I can't make a "living," which I regard as a minimum return of 100% net disposable after-tax income on my at-risk investment.

Like so many others I have encountered, you describe daytrading as if it were magic.

There is no such thing as magic in my experience. There is certainly luck, and there is inspiration, and application of craft.

...but no magic (effect without causation).

So you're looking to make 150% per year before taxes What kind of drawdown are you willing to take to earn that kind of return? Gotta have some risk for that kind of reward.

I agree there is no magic. But there is no formula that works all the time either.