If it bothers you that much put him on ignore. Instead enjoy his writings, some of which is nonsensical dribble and hyperbole.
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I got a friend
- Thread starter systematictrader
- Start date
You are a very kind man. In another thread turd himself exposed himself as a total lunatic. I put him on ignore.
No, your the lunatic and obviously a liar as I can still see you, will add you to my ignore soon!
you are going to invest with him & want to control his trading?
are you nuts?
if you are going to do this, suggest that if you do it, do it on the basis you lose the lot.
or for every win you take back 10% of your initial stake
let us know what you ended up doing?
A couple things....
Making 8K off of one trade in one day on a $25K account.... is frigging nuts. Even $3K is nuts. He's going all in with all his buying power on one stock. You say he sticks to his stops, but I can promise you, one day he won't. He'll be "sure" he's right and he'll add to a loser, and that'll be the beginning of the end. I've been there brother, and I've done it. A couple times.
His personality, results, and propensity to give back the big gains.... sounds identical to mine. He's had a three year run, that account should be well over $150K. If everything you're saying is true... he's good for sure.... but the market will get him and he's gonna zero out that account. You can mark this post. He's got huge talent, but he's a gambler.
By no means would I take $25K and shadow his trades. I promise you, he's gonna blow it. It only takes one bad trade to start one bad run; a run to zero. If anything, you should hook up with him and work on coming up with a sound, disciplined trading plan. You're lucky to know him. Team up and bring what you know to the table. If he's as good as you say, you'll take the accounts into the high 6 figures over the next 3 years.
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@systematictrader,
IMHO, you come here not to ask for advice, opinion but for confirmation. Every time someone said it was not credible you chased them away.
If he can print money within 3 years of trading penny stocks he is a genius. If I were you and I think he is not a fake, I would put some spare cash with him and see what happen. But don't try to mess with his trades, because then you give him excuses that it is your fault if things do not work.
A few of us who have been around the block a few times have scar tissues on our back, been taken to the cleaners a few time by genius traders/investors. In my case it was a genius commodity future trader, a penny stock investor and a start ups specialist.
Good luck.
IMHO, you come here not to ask for advice, opinion but for confirmation. Every time someone said it was not credible you chased them away.
If he can print money within 3 years of trading penny stocks he is a genius. If I were you and I think he is not a fake, I would put some spare cash with him and see what happen. But don't try to mess with his trades, because then you give him excuses that it is your fault if things do not work.
A few of us who have been around the block a few times have scar tissues on our back, been taken to the cleaners a few time by genius traders/investors. In my case it was a genius commodity future trader, a penny stock investor and a start ups specialist.
Good luck.
