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[monet]

How to trade millions:

Deposit $25,000 (plus enough to cover commissions) into a margin account.

Buy and sell a utility stock 40 times using full buying power.

You have now traded millions.

If you like clicking your mouse and supporting your broker you can also trade billions.

 

[fan27]

If I netted millions wtf would I go through the hassle of being an educator. I'm very honest about who I am and what I offer. Many traders have found it helpful.

That is an honest assessment. I have come out on the opposite side as in why should I spend my time coding strategies that will likely fail for others at an hourly rate when I can spend my time building my own trading strategies either from my own ideas or collaborating with others. It's all about getting a scalable ROI. Educating and trading is highly scalable. Hourly work, not so much. Now I have a few clients I still work with but I tell 95% of retail traders that inquire about my services to learn how to swing trade or invest.

 

[KCalhoun]

I'm not expert, but are you pyramiding into a trenddddd.... ???

Right! As long as price stays above prior day's high into the close I keep adding..

Or if they gap up a lot premkt I sell starting 7:15am to book profits. Btw in this volatile mkt I usually hold swings 3 days at most

 

[vincentnyc]

Right! As long as price stays above prior day's high into the close I keep adding..

Or if they gap up a lot premkt I sell starting 7:15am to book profits. Btw in this volatile mkt I usually hold swings 3 days at most

out of your 21 years of trading...did you had any year where you lost money for the year? what years were those and how much did you lose?

 

[KCalhoun]

out of your 21 years of trading...did you had any year where you lost money for the year? what years were those and how much did you lose?

Why would I discuss my personal finances with a stranger on the internet on a public forum?

Here's how I did yesterday, as of this morning, fidelity pnl

If you have any trading questions I'm happy to answer, as I've graciously been doing here : p

 

[vincentnyc]

Why would I discuss my personal finances with a stranger on the internet on a public forum?

Here's how I did yesterday, as of this morning, fidelity pnl
View attachment 223323

If you have any trading questions I'm happy to answer, as I've graciously been doing here : p

whoa...easy there...u already like to post how much you made in a day. only fair to ask how much u lose also. getting defensive...aren't u?

 

[KCalhoun]

whoa...easy there...u already like to post how much you made in a day. only fair to ask how much u lose also. getting defensive...aren't u?

I don't have 21 years of annual pnls memorized, nor would I post my personal finance information on a public forum even if I did...lol
Not defensive, just common sense.

Besides, per compliance regs I make no profitability nor performance claims of any kind. I've had both up and down years.

Geez the "goad the educator" posts on et never get fcking old to see after years here, sigh

#growthefkuptrolls
#happythoughtslol

 

[ironchef]

Luckily for some of us, we don't have to hunt for info on how to trade.
We come here to pass our time meaningfully & contribute meaningfully if we can.

I do hunt for info on how to trade.

But you are right sir, I come here in between backtesting, simulations, reading company reports, research drug clinical trials, read up on Donald Trump... and I hope I can on occasion, help my fellow newbies here and there to pay forward.

Have a good day.

 

[ironchef]

I don't have 21 years of annual pnls memorized, nor would I post my personal finance information on a public forum even if I did...lol
Not defensive, just common sense.

Besides, per compliance regs I make no profitability nor performance claims of any kind. I've had both up and down years. #daytrading

I think we can understand and accept your refusing to answer if it is a compliance issue, otherwise, a simple statement like: I was profitable every year except 2011 is sufficient for me.

But then some will ask for "audited" statements, signed tax returns because you are selling something whereas I am not....

 

[KCalhoun]

I think we can understand and accept your refusing to answer if it is a compliance issue, otherwise, a simple statement like: I was profitable every year except 2011 is sufficient for me.

But then some will ask for "audited" statements, signed tax returns because you are selling something whereas I am not....

And that's why I make no performance claims, unlike dishonest educators. I publish my lessons learned to thousands of followers, Moneyshow audiences and TASC readers.

I do not claim to have made a fortune trading or bs people saying they'll become profitable, I take the high road. It sells less, but it's honest, and fully compliant with sec/ftc/cftc regs. I don't bullshit anyone, trading is hard and most lose money.

I'm simply a popular author and real-money trader who publishes what I've learned, and have earned the trust of many. I hope to earn people's trust here as well.