I am jealous of people with higher IQ. This satoshi guy created a pyramid scheme that is super ingenious, and he is likely already a millionaire, and set to become a billionaire. if you got those skills, you are gonna become a millionaire no matter what. he is an expert in programming, encryption, science, marketing, emotions, criminal schemes and anonimyzation. If you can fool smart people who also have high IQ it must mean you are really super smart.
I want to trade futures... oh and I'm 17
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I am jealous of people with higher IQ. This satoshi guy created a pyramid scheme that is super ingenious, and he is likely already a millionaire, and set to become a billionaire. if you got those skills, you are gonna become a millionaire no matter what. he is an expert in programming, encryption, science, marketing, emotions, criminal schemes and anonimyzation. If you can fool smart people who also have high IQ it must mean you are really super smart.
if you are not that smart,all you have to do is to study hypnotism.next,you`ll be able to convince people to give you their money.let`s see if i can hypnotize jack hershey to give me his secrets.
This is really outstanding advice. Follow it. Spend your time learning how markets really work. Who the players are. What their motives are. Who is on your side (practically no one) and who is against you (nearly everyone). Until you can grasp hold of the reality that the securities market is a giant casino with different players and different rules than the one in Monte Carlo, you have no business getting involved with real money.
All of the major players who consistently make money from trading do so by lying, cheating, stealing and trading on inside information. And most of that is legal because they are allowed to trade with a complete conflict of interest. For example banks can both trade a stock and issue buy/sell recommendations on the same stock!
The markets have always been crooked and always will be. But it is lucrative, and your odds are good, because only a small fraction of the players go to prison each year.
I have already given you more truthful knowledge than you will find in any best selling book on trading. Learn how the markets really work, as opposed to the popular conceptions. The popular conception of an up-market is that everyone is making money, the reality is that most are making paper profits. The popular conception of a down-market is that everyone is taking profits, the reality is that many are losing money or taking paper losses. And the converse holds true for short sellers. Learn that you broker is not your friend and that brokers regularly cheat their clients. Learn what naked short selling is. Learn that nearly all books and market gurus that purport to have a winning method are using after-the-fact market prices that in actual trading you will never have. Do all these things, and you will be ready to start learning how to make money from trading. When you get to that point, Nodoji's posts on the mechanics of trading are more clear than most. But in the end you have to find your own way. It takes a long time, unless you are able to cheat with impunity.
I guess we all understand that trading is not investing, it is something entirely different, but no more seemly.
P.S. Learn also that when there is a post on ET that sounds intelligent but seems a bit like mumbo jumbo to you, it isn't because the poster is smarter than you. It is because that poster is a charlatan.
is it legal to have somebody on the inside of a bear raiders team to give you inside information? i mean, the information is public knowledge anyway. i can imagine its mostly grey.
This is an opposite example but similar circumstances, you decide: From WIKI: http://en.wikipedia.org/wiki/George_Soros
In 1988, Soros was interested in purchasing shares in French companies. The Socialist party had lost its majority of seats in the Assembly, and the new government under Jacques Chirac had instituted an aggressive privatization program. Many people considered shares in the newly privatized companies undervalued. During this period, a French financier named Georges Pébereau contacted one of Soros' advisors in an effort to assemble a group of investors to purchase a large amount of shares in Société Générale, a leading French bank that was part of the program.
The advisor reported to Soros that Pébereau's plan was ambiguous and included an implausible takeover plan, which later failed. On that advice, and without ever having met the financier, Soros decided against participating.[37] He did, however, move forward with his strategy of accumulating shares in four French companies: Société Générale, as well as Suez, Paribas and the Compagnie Générale d'Ãlectricité.
In 1989, the Commission des Opérations de Bourse (the French stock exchange regulatory authority) conducted an investigation of whether Soros' transaction in Société Générale should be considered insider trading. Soros had received no information from the Société Générale, and had no insider knowledge of the business, but he did possess knowledge that a group of investors was planning a takeover attempt. The COB concluded that the statutes, regulations and case law relating to insider trading did not clearly establish that a crime had occurred, and that no charges should be brought against Soros.[38]
Several years later, a Paris-based prosecutor reopened the case against Soros and two other French businessmen, disregarding the COB's findings. This resulted in Soros' 2005 conviction for insider trading by the Court of Appeals (he was the only one of the three to receive a conviction). The French Supreme Court confirmed the conviction on June 14, 2006, but reduced the penalty to the minimum.[39]
Punitive damages were not sought because of the delay in bringing the case to trial. Soros denied any wrongdoing, saying news of the takeover was public knowledge[40] and it was documented that his intent to acquire shares of the company predated his own awareness of the takeover.[39]
His insider trading conviction was upheld by the highest court in France on June 14, 2006.[39] In December 2006, he appealed to the European Court of Human Rights on various grounds including that the 14-year delay in bringing the case to trial precluded a fair hearing.[41] On the basis of Article 7 of the European Convention on Human Rights, stating that no person may be punished for an act that was not a criminal offense at the time that it was committed, the Court agreed to hear the appeal.[42] In October 2011, the court rejected his appeal in a 4â3 decision, saying that Soros had been aware of the risk of breaking insider trading laws.[43]
math is not my forte,though.my education is only 8 grades.
Jack,btw,there are a lot of money that i`m offered next year.Should i put them all to futures trading?How do you allocate say $20-30M?I`ll buy you a jet,if you help me out!I`m not greedy.
Quote from Rorschach_test:
but in school there is a programm,usually.you do not provide a mentorship and frivolously suggests to do the drills to build a mind,and then there is no material,as you said.next you suggest that asking Q`s is useless.what are you trying to do here?
You are correct.
For each journal, we met and had extensive outlines and had a schedule which we adjusted to twice the original length.length. Years were spent on this service to ET members. we also traded live in the chat room by making calls. In the journals we did calls and presented the results.
The words we typed formed a record somewhat like an interactive book would have happened. All asked questions were answered. When people posted their work it was critiqued in detail.
You asked: "what are you trying to do here?" Mostly I participate in threads begun by other people. My detractors call it "hijacking". They coined the term for their reasons. When I posted in such threads, I felt I was allowed to. My postings contain facts that anyone can read, object to, and criticize. They posted pctures of homes, etc and they feel I live in the home they posted and since they feel I do, they criticize the home and its surroundings as well.
For me I regard "mentoring" as an interative process. If and when I mentor, then the mentoree does "work". Work is a tangible thing. I have a set of crayola drills when are done early on. As people do work the crayolas get shorter and shorter. This is a paricularly good example of how frivolous I am in assigning drills with no materials (I have posted over 10,000 pages of text and a few thousand pages of attachments of "my Work")