New Blog for Day TRADERS!

I note their blog stops on Tuesday. Were they really run off Elite and had to close down?

this is from their site:

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.


Its tough to make money on a simulator. Well, atleast they let us know.

surf:confused: :eek:
 
Quote from NihabaAshi:

Those blogs (they are favorites of mine too) also bring in extra income to the blog owners via the affiliation and sponsor ads at their blogs.

Should we assume those traders, Michael of TraderMike or Mr.X of TraderX are not profitable traders or why do they need the extra income???

Heck, one of them even has a make a donation link at their blog (credit cards accepted).

The advantage with those blogs is that they are more personal and that allows us to view them as one of the guys sort'uv speak.

They also have more educational material even though the information is just basic info.

Its just good to know that any newbie trader can go there and see a lot of basic trading info in one location instead of looking for it all over the internet.

In comparison, blogs at a signal caller's website is more like a log file of what is occurring in the chat room.

Coming across as being cold and not very personal.

With that said, before Baron deletes this thread or spend his valuable time editing (deleting) commentary that's obviously off-topic...

I think its time for Baron to strongly consider charging a small fee to all members to have the privilege to post here at ET.

I'm willing to pay a fee and so should all other members so that we don't have to see threads like this that happens almost every time there's a new sponsor (I'm serious).

This will allow Baron to continue earning his income via ET along with making a few here happy that there aren't any sponsors here to exploit some newbie trader.

Yes, there's sarcasm above.

Mark
More...

Mark - the distinction I make is that they do not sell advisory services, or anything they "create".

I don't understand someone with a website who is selling something they create also putting Google ads on their site. To me, it implies a lack of faith in their product. It is like saying - I have this for sale, but if you do not want my product check out my Google ads so I can make some money from you that way.

Out of the bloggers I read - some have ads, some do not. But I don't mind if they try to earn a few dollars for all the free content and work.

Sorry I was not more clear.
 
I think he writes today's BLOG tommorow!
Kind of like the old lottery ticket joke.
This way he is always right.

surdo
 
Quote from Surdo:

I think he writes today's BLOG tommorow!
Kind of like the old lottery ticket joke.
This way he is always right.

surdo
More...


no, dont agree. the blog actually seems honest--they took big hits on tuesday. however, they did seem rather new to the game. at least they tell you they really are not trading.

surf
 
Quote from mxjones:

Mark - the distinction I make is that they do not sell advisory services, or anything they "create".

I don't understand someone with a website who is selling something they create also putting Google ads on their site. To me, it implies a lack of faith in their product. It is like saying - I have this for sale, but if you do not want my product check out my Google ads so I can make some money from you that way.

Out of the bloggers I read - some have ads, some do not. But I don't mind if they try to earn a few dollars for all the free content and work.

Sorry I was not more clear.
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Thanks for the clarification.

By the way, I know a popular blog (won't mention it because I personally know the blog owner and do not like him) that makes about $2,700 per month from revenue from his affiliations and sponsors posted at his blog.

That's good money for free content and good writing skills.

Maybe I should start a blog to fund my toddlers future college education because college will cost a ton of money about 15 years from now especially if they go to the U.S. for their education (foreign students).

:p :D :cool:

Mark
 
Quote from NihabaAshi:

Thanks for the clarification.

By the way, I know a popular blog (won't mention it because I personally know the blog owner and do not like him) that makes about $2,700 per month from revenue from his affiliations and sponsors posted at his blog.

That's good money for free content and good writing skills.

Maybe I should start a blog to fund my toddlers future college education because college will cost a ton of money about 15 years from now especially if they go to the U.S. for their education (foreign students).

:p :D :cool:

Mark
More...

Mark - nonstock blogs are the way to go, I think. Some of the tech blogs and political blogs and gossip blogs make $10,000+ a month off of ads. Not all, but the top ones do.

I think X mentioned that he made a few grand last year (the whole year). I would suspect Mike makes a decent amount, because he is into monetizing and ad placement.
 
YES exactly. I took a big hit tuesday (in cash) . ( - 40 pts) If the reports were dishonest, I definitely wouldn't of mentioned that in the track record or the blog. That stop was a break out system that just didn't work that day. Should be noted that we've never been stopped out on that setup until yesterday.

I just had a phone conversation with Alex on how we could make the track record even more accurate.

I trade cash, Alex trades cash and Bear (our other admin/jr trader) switches between the simulator and cash from time to time.

CajunSniper / Puretick.com Administrator-Trader
 
HI Spectra
That was a big Hit on monday
If u get 3 to 4 negative hit i think that will bad
but there was somehting i was wondering all the call,s do you,ll make are you,ll trading with 1 contract or 3 or 5
i mean $16K in 3 month is preety good
 
Atleast he is not claiming like Franc Trader,s Internatonal who claims to be trading 100 emini ( on a fking sim and charges a arm and leg for a chatroom
does any one know if TI will be at the trader expo - ?
i want to see them trading on a sim ehheheehehh
 
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