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I have never seen a better trader than
- Thread starter mrmarket
- Start date
Quote from Jesse J.:
Let this guy be honest, or he can go back to what he is, a yahoo message board cyber trader. It's obvious he has no REAL trading experience, or he would know about IRS rules of reporting.
If you want me to leave this board, I will. I really don't want to be anywhere I'm not wanted. Please tell your friends though, as they consistently ask me to keep coming back. Maybe they need some good stock picks for a change?? Rather than those from the "real traders"? LOL!
Quote from Jesse J.:
If he's not honest about his performance, he's never going anywhere on wall st.
That's why they audit people, so bozos can't make false claims. But you can't audit a cyber trader, can you?
as far as your claim that he's >80% winners, that's total bullcrap, and you know better than to say something that stupid.
Yes, this guy had a winner, NFI, but the market has risen 10% in the last 2 weeks. A monkey with darts can also pick winners in this 2 week environment.
Let this guy be honest, or he can go back to what he is, a yahoo message board cyber trader. It's obvious he has no REAL trading experience, or he would know about IRS rules of reporting.
Just based on the 32 trades posted on his website and dating back to 4/9/02 (assuming you were to close all open trades today)--
Average Gain -- 8.84%
Winners -- 25
Losers -- 7
Winning % -- 78%
Average Winner -- 14.40%
Average Loser -- (11.01%)
You're right JesseJ. These are horrible returns. My mistake (I overstated the winning percentage by 2%). Most traders have easily outperformed these numbers over the last year.
Like I said, I commend the guy for stating his picks for others to play, and he willingly spells out his system for making picks, (something that I NEVER see ET members do) to allow anyone who wants to duplicate and generate picks of their own.
Trust me, by now EVERYONE understands the point you're trying to make, but the constant bashing is starting to get tiring, and you're stubborness is starting to remind me of another recent poster (a.k.a. FreedomPhighter).
Quote from Jesse J.:
right above, mr market says "As far as the IRS is concerned, I had 53 consecutive profitable trades of 15% or better. Would I lie to the IRS?"
You don't even report to the IRS, you lying fool!
Bullcrap! more lies! If you knew anything about trading and reporting to the IRS, you would know that ALL positions, whether closed or not, have to be "marked to the market" at the end of each year, so your LOSING trades would be included.
Since you didn't know this, one can only assume you are only making cyber trades, none real. I kinda figured this from the start though.
Geez, do your homework before you say such stupidity!
Ummmmm. Not if you don't elect MTM treatment for whatever entity you're trading through.
I've never marked anything to market for the IRS.
Give it up man.
Quote from laziz314159:
Ummmmm. Not if you don't elect MTM treatment for whatever entity you're trading through.
I've never marked anything to market for the IRS.
Give it up man.
I think Jesse J needs a new accountant. $$$MR. MARKET$$$ has taken over this board? Why? Because I am the best stock picker on the planet. I am HUGE!!! I can drink 1000 beers at one sitting. When I lift weights at the gym the iron clashes with a terrible crescendo with each repetition.
Zeus, Apollo, Mars and Fred Blassie were great Titans, but none were as HUGE as $$$MR. MARKET$$$.
So, mrmarket? You sound rather insecure?Quote from mrmarket:
I think Jesse J needs a new accountant. $$$MR. MARKET$$$ has taken over this board? Why? Because I am the best stock picker on the planet. I am HUGE!!! I can drink 1000 beers at one sitting. When I lift weights at the gym the iron clashes with a terrible crescendo with each repetition.
Zeus, Apollo, Mars and Fred Blassie were great Titans, but none were as HUGE as $$$MR. MARKET$$$.
I make more in a week than you make in a quarter.
Be humble about the markets,
or the markets will humble you.
~The Scientist
Quote from Scientist:
So, mrmarket? You sound rather insecure?
I make more in a week than you make in a quarter.
Be humble about the markets,
or the markets will humble you.
~The Scientist
sad sad scientist.....the measure of a man is not in his wealth but in how his wealth is measured.