What I meant is that meaningful dialogue in this thread ended pages ago. But to the extent that you want buzz, I suppose you are getting it here, such as it is. There is no doubt that you are riding a wave, generated by both your historic performance and your recent publicity. Indeed, for a 26-year-old, you are doing quite well in the overall scheme of things, irrespective of your recent or future trading performance. I suspect there is some envy being expressed in these pages, but it is not being mitigated by your bombast. But, hey, what the hell. Enjoy the ride. I would.
Hedge Fund Book
- Thread starter TimothySykes
- Start date
1. Anyone who is looking to a guy who hasn't made any real money in 5 years for advice should really just jump.
2. Wow, you made money 2 years ago? And you're writing a book to teach people? Once again, anyone who pays for the book to "learn" should kill themselves.
3. Your friends were pissed about CYGT, I know.
4. You've got a load of shit on your plate and apparently you ate most of it because it seems most of what comes out of your mouth is pure garbage.
Good luck with your book...but all that shit about market inefficiencies, not being able to share your fund performance, trying to teach, how making $50k in a day doesn't phase you, going to Stevie Cohen's house etc. etc. is just a sham attempt to seem more intelligent than you are and is fairly lame facade. You're clearly a half-wit who has blown much of the money you originally made and are probably desperate to take advantage of what little exposure you've gotten to try and salvage a career of some sort.
Luckily you're likely wasting the rest of the money you have self-publishing your shit book.
lol.. I wasn't claiming myself as the real PTJ. I was just playing along with the accusations that I was PTJ. It is fairly obvious to anyone except you.. who thought you were exposing something.
I am as close as to PTJ as anyone here can get. The similarities are many but, I really don't want to go into it. Ok, and being brilliant doesn't have nothing to do with how someone posts on a message board, especially on a trading board dominated by nit-wits.
Yeah.. and I stand behind the statement that I trade basically without taking ANY risk. On a scale from 1 to 100%, my risk factor falls within < 10%.
Translation: I am the single most successful trader that posts here. If I ever post anything useful, it is to be printed out and to be studied.
Translation:
"I paper trade".
Wow, I've been proposing a New Enlightened Way to Trade for a while now: (RISKLESS trades.)
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#2) Sometimes, a winning trade is a trade NOT made.
99% of the monkeys approach trading though they are taking a multiple choice exam. They go on filling in the circles hoping to be right.
But, it is different... Since each dollar lost takes 2 dollars to make that back. Thus, it is a mutiple choice exams where you get +1 point for every right answer, but you get -2 pts for every wrong answer. If you see it like that, you would approach your trading differently.
Only of my colleagues, whom I think is the best trader aside from me, well.. he made $500 million pretax trading profits/fees for the last 3 years. He didn't have one single month where he lost money. You cannot afford to have a DRAWDOWN. You cannot take LOSING trades hoping that they go your way. You have to be precise in your research, excecution and in trade selection that the virtual certainty of you losing significant amount of money to cause a ~DRAWDOWN~ is nil.
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#2) Sometimes, a winning trade is a trade NOT made.
99% of the monkeys approach trading though they are taking a multiple choice exam. They go on filling in the circles hoping to be right.
But, it is different... Since each dollar lost takes 2 dollars to make that back. Thus, it is a mutiple choice exams where you get +1 point for every right answer, but you get -2 pts for every wrong answer. If you see it like that, you would approach your trading differently.
Only of my colleagues, whom I think is the best trader aside from me, well.. he made $500 million pretax trading profits/fees for the last 3 years. He didn't have one single month where he lost money. You cannot afford to have a DRAWDOWN. You cannot take LOSING trades hoping that they go your way. You have to be precise in your research, excecution and in trade selection that the virtual certainty of you losing significant amount of money to cause a ~DRAWDOWN~ is nil.
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tradethetrade
Vendor
Hey Tim,
It's nice to see a star here once in a while. Good work with your trading and book. I see you are new to this site and I think you will find it soon that it's useless to keep answering to some angry posters here but don't get a bad impression about ET and please keep checking back and post your meaninful advices here once in a while.
It's nice to see a star here once in a while. Good work with your trading and book. I see you are new to this site and I think you will find it soon that it's useless to keep answering to some angry posters here but don't get a bad impression about ET and please keep checking back and post your meaninful advices here once in a while.