how did Szeven go from making 0/day to 5k/day in just 3 years?

Quote from EricP:

I think this can be a problem at any firm, but especially those that teach courses to train newbie traders 'what is working.' You can imagine how it would feel if you found an innovative new strategy, started making consistent and sizable profits off of it, and a month or two later, your detailed methods are being taught to the masses. As a result, the firm makes more commissions, the newbies get a strategy that quickly deteriorates with the added attention, and you get screwed.

Szeven: Free T-shirt? I'm all ears, man. Bring it!



I agree it was worse years back. If your in a llc/group they are all looking at you if doing real well. Even retail the 24 can give away what you are doing. One time while at assent i asked to be taken off the admin and they gave me a stern NO. I don't need to repeat what i told them but i got taken off.



And Szeven the T-Shirt i am all for one
 
Quote from robbie380:

lol...thanks for the encouragement. maybe one day i will find an "edge" to exploit. for now i will just stick to figuring things out faster than others and knowing what is going on in the market. crazy stuff.



lol, Your edge may be you understand the markets better than most. Alot of people don't understand the market but think they do. Not saying this is you but we all have some type of edge and the word EDGE can get old so i understand your point
 
Quote from traderpro:

I agree it was worse years back. If your in a llc/group they are all looking at you if doing real well. Even retail the 24 can give away what you are doing. One time while at assent i asked to be taken off the admin and they gave me a stern NO. I don't need to repeat what i told them but i got taken off.



And Szeven the T-Shirt i am all for one


what do you mean by "the 24"

if you're prop trading at assent, then you are trading their money so they have every right to monitor your positions cause its their money and you're levered 20-1

but if you have a retail account.......can they monitor every one of your trades? doesn't that violate security laws?
 
Quote from chewbacca:

what do you mean by "the 24"

if you're prop trading at assent, then you are trading their money so they have every right to monitor your positions cause its their money and you're levered 20-1

but if you have a retail account.......can they monitor every one of your trades? doesn't that violate security laws?


The 24 is the compliance officer and does it violate security laws... yes it does. Alot goes on behind close doors and at first i was flattered that all the traders looked at how i was doing. Then it got real old and more like a pain in the ass. Let's not hijack the thread here as the talk is about a very good trader.
 
Quote from Szeven:

Maybe i can start selling T-Shirts and get a Facebook group, start to really capitalize off my handful of fans. There might even be a free T Shirt in it for you EricP! lol...

Without him working at swift and the entire company stealing his strategy, i might be working at mcdonalds!
How many traders are working there now ?
 
Quote from ang_99:

I can't tell if he's being serious or sarcastic :confused:

I am sure he is just being sarcastic. It wouldn´t have been that unusual though if he wasn´t, many great traders start to fade after some time
 
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