My Story- Lessons learned

You probably made money in those years, but you're kidding yourself if you think anyone here believes you ran it up to $20million.

You probably used a few too many zeroes. You ran it up to only $200,000 and now have $400.

Actually, I doubt it. Your addiction to chronic posting and your obsession for online attention are signs that you probably never made any money before.
 
it could be true, (for example if he only shorted against rising stocks).
I personally know a somewhat similar story that I won't write here in respect for the person involved in the story. (It does not have a happy end) This story sounds so crazy that I only tell it to people I know very well because otherwise they would just think I'm making it up.
 
Nice story. While you ET inspectors try to nimble every word of this guy away, you do dont believe it just take it for what its worth a story and try to gain some knowledge from the story.

One thing about this site that I like are the stories and it kind of kills the freakin thread when a thread becomes 10 pages long of people trying to prove that someone story is not true. You really think that it wasnt possible for traders to make millions using his strategy during the VOLATILE markets of the late 90's?

I mean I dont see this guy trying to sell anybody anything, chill out.
 
Quote from vhehn:

one of the confusing parts:

"It was my discovery of shortselling that lead to my riches." and this dont add up:
"It was early 2001 when my gig was up. The market topped out and the days of stocks gaining 300-400% over a few days were few and far between."

wouldnt 2001 have been great for shorting?
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Shorts work best in a bullish market. Without a bullish market you can't get them to go far enough to give you a decent price.


John
 
Urkel, sir, does he not just admit right here that he did, in fact, end up "selling something to somebody"? Or did you miss that post?

Quote from acesup:

I have no way of offering much proof online here to my story. Not that I care if anyone believes me or not as I really did this for my own self reflection.
If you aware of the stockmarket message boards over at Silicon Investor you might want to look up an old message forum called Lucky's shorts. I was Lucky and posted many of my early shorts back from Dec 1997 there.
I had quite the following for awhile until it became too cumbersome to post all my trades. At the end I ended up offering an e-mail service for a $1500/month fee for those traders serious about following my trades. I capped the subscribers at 20 so as not to dilute my ideas.
That's the best i could do for proof for now.
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Quote from Urkel:

Nice story. While you ET inspectors try to nimble every word of this guy away, you do dont believe it just take it for what its worth a story and try to gain some knowledge from the story.

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you want us to take some worth from the story before we determine if the story is credible? isnt that what preachers do?tell you to "just have faith".
 
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