please share your thought process when you are looking at charts

[Laissez Faire]

Dude goes from mall cop to trader, starts with 5k and turns it into 10's of millions(upwards of 80 mil),and you want to talk about the percent of S and P stocks positive vs negative???????

Dont forget to account for survivorship bias in your most excellent exercise...

And how many mall cops are still working as mall cops...?

I don't know anything about the guy and those returns sure make him worth looking into, but without knowing how those returns are generated it's hard to say how much is skill and how much is luck.

 

[taowave]

Here you go...

https://soundcloud.com/id%3Dchat-with-traders%252Fep-212-kristjan-kullamagi%3Btrack_id%3D993138961

Guys been knocking the cover off the ball for well over 8 years.Blew up several 5 k accounts initially,then made 1 mil daytrading and turned to swing trading and made 10's of millions..

 

[taowave]

BTW, I have no problem anyone "questioning" the guys astronomical returns..

The guy manages risk/size, doesnt double up,admits to selling too soon,yet turns 5k into 40-80 mil??

As they say,"If it sounds too good to be true,its probably not true"....

But heres the catch and why it could be true..

he openly admits the last years have been beyond ridiculous regarding MoMo returns...Claims hes done apx 250% per. In the saner years,he does 100%+.
Plows all his profits into trading...150% per year will make you very rich in 10 years..

Not bad for a modifed Canslim trader





[/QUOTE]

And how many mall cops are still working as mall cops...?

I don't know anything about the guy and those returns sure make him worth looking into, but without knowing how those returns are generated it's hard to say how much is skill and how much is luck.