Looking for a trader...

Hi
This topic sounds good, I like the discussions here too,
a member here posted

Quote from forex-forex:

Three option trades with a return of 100% each will do it.
  • Trade #1 $10,000 = $20,000
  • Trade #2 $20,000 = $40,000
  • Trade #3 $40,000 = $80,000
Tough to pull off but I'm sure it can be done. So far there has been no live EliteTrader trading journal that has produced such a return, a few have tried but all have failed.
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I am all for it, for Achsev I'll trade demo for a week or so as long as he wants it before he may fire me trade his 10K, account investor password as well put here so everyone follow my live performance,
more on tomorrow,
1984
 
Quote from zf trader:

You could give a struggling trader a specific mandate will they learn to trade there own money.

For example you could tell them to keep 95% of the money in short term low risk spread trades like long qqqq, short a Jan conversion. (Which is equivalent to a short term AAA rated bond). Then with 5% have them buy calls on SPY or QQQQ when the index makes a breakout beyond the 9:45 price.

It doesn't take a genius and you would have better results than some silly mutual fund.
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Do you have any link to a source explaining in detail how to do that. If I could get a gauranteed 10% return I'd retire.
 
Beginners always have unrealisitic expectations, and only look at the winning potential. Seasoned traders look at risk first, since they know that if risk is managed, the profits look after themselves.

:cool:
 
Quote from achsev:

So basically, what I would be open to, is finding an independent trader, with a good/proven track record, preferably from the Chicago area... Someone who could be aggressive enough to bring the portfolio from 10 to 50-60 within a month or two.

The person would have control over the portfolio... I am not a nag...and quite frankly, quite busy with my own job...

Compensation is scalable, and negotiable.

Looking for a LT partnership...
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I could do it for you. 10k to 50k in a month or two. The only problem I see is that I would have to trade very aggressively. There is a slight chance I might lose your 10k.

When I say "slight" I mean there is a 35% chance chance I would lose your money. But theres a 95% chance the 35% thing happens. I think. I am not really good at math and numbers.
 
Dude -- How can you say you'll take his account from 10k to 50k in no time at all and you're not good at math at the same time.

Do you trade?

"jaronimo" is what you shout as you watch the money in your trading account drop

DJ
 
Why are you looking for a trader? I think you are looking for a gambler.

Complete moron!!!!!!!!!!!!

roulette20wheelij0.jpg
 
Quote from achsev:

I have some monies aside...
Not a whole lot, 10K.
I am looking into investing it, but I honestly don't have the time to educate myself about the markets, and i am realizing through what I am reading here, that it's easy for newbies to blow their accounts with their inexperience.

A few trips to the local banks, Ameriprise, and Schwabb shops...and I was very disappointed. They either gave me the impression that I would be ONE among bazillion customers they have.... or worse... felt the need to lecture me about having to be cautious with money, having to purchase life insurance..and I was like.. Fuck that, I am not here for this BS.

So basically, what I would be open to, is finding an independent trader, with a good/proven track record, preferably from the Chicago area... Someone who could be aggressive enough to bring the portfolio from 10 to 50-60 within a month or two.

The person would have control over the portfolio... I am not a nag...and quite frankly, quite busy with my own job...

Compensation is scalable, and negotiable.

Looking for a LT partnership...
More...

email me if you find someone that give these returns . I ot $100K i need t turn into 1/2 million in 6 months
 
Hello;

Ordinarilly I would not take the time

Perhaps you will read this and put your request in a slightly different context.

Risk and reward are related. Clearly, persons involved in professions other than finance are not expected to understand the relationship...but it is there and it accounts for much of the misunderstanding about investing, and about short term trading or speculation.

If your requirements are short term in nature, and you need to make a lot of money in a short time, your risk will be elevated. In simple terms, you will be "at risk" of losing money rather than making it. Those are simple facts, that I hope any educated person will find easy to understand.

If you can wait and re-frame your requirements so that you have a longer term before needing the money, your risk is decreased. The relationship is simple. The longer you can wait before you need to have the money, the less risk you are subject to, and the more "certain" your return....Understand however that no person, and no "systematic" approach can completely remove risk from the equation. So even if you could wait years for your return, you would still be exposed to some residual risk of loss.

In your attempt to obtain profits on a short term basis, even though you might find a skilled operator to work with, your return and risk are esentially the same as for a casino game. In other words, the skills of the operator are effectively cancelled by the fact that you need a specific return over a relatively short term.

Finally, be aware that we are in a relatively low interest environment. This means that the return you might find available to you with little or no risk (Treasuries or Bank CD's) is going to be in the area of about 3-4% at best. The only real upside to this is that short term treasuries and CD's are going to be better "bets" than longer term, and offer the same security and protection from risk. So while you decide what to do, you might benefit from parking your money in a bank CD.

Personally I would not be looking for advice here (at ET) nor would I be responding to any offers from "traders" here. In my opinion, they are likely to be net losers, con artists and head cases. Just my experience.

Good luck to you
Steve
 
Quote from steve46:


Risk and reward are related. Clearly, persons involved in professions other than finance are not expected to understand the relationship...but it is there and it accounts for much of the misunderstanding about investing, and about short term trading or speculation.
More...


You mean like most of da peeps on ET?? These guys don't know what risk or reward is!!!! Hard to ride the dragon when you keep falling off the horse! Know wha 'mm sayin man???

Personally I would not be looking for advice here (at ET) nor would I be responding to any offers from "traders" here. In my opinion, they are likely to be net losers, con artists and head cases. Just my experience.
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Good advice...I am a head case, but I can take $10k and make it into $50k in 6 months easy on a long shot, but I can take $10k and lose it even faster!!!

That should make sense...just have to ride the dragon and balance your risk!! Don't go down like a volcano (flaming magma!)!!

300px-Volcano_scheme.svg.png
 
Thanks Milehigh trader

I appreciate your comment

Clearly this is your first visit to our planet...

If you have time, please be sure to visit the Grand Canyon and
Las Vegas (in the state of Nevada)...


Steve
 
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