POLL: Does Pa(b)st Prime have his Head & Shoulders up his Bottom formation?

Does Pa(b)st Prime have his Head & Shoulders up his Bottom formation?

  • Yes

    Votes: 28 46.7%

  • No

    Votes: 32 53.3%
  • Total voters
    60
Quote from Pa(b)st Prime:

What I lost in 2005 at V-Trader wouldn't hit the list as one of my 100 worst days. I've made 18-20x that amount since.

I'm not poo-pooing the graveness of that experience. I lost in 2005 a little more than what I made that year in interest income. I find your smugness amusing because you'd swap assets with me in a heartbeat but the fact is nearly 3/4's of a million in Treasuries-I was in a Livermore type trust/unbreakable- provided me with little above sustainable if not poverty income from 2002-2005. Plus I wasted the token free cash I had banked on small but consistent trading losses and politics. So I'm the first to say I'm fortunate-not lucky because I've made great trades these last couple of years but you need the markets and this is night and day to the old environment.
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Pabst, would you highlight some of those brilliant trades? i'd love to hear about them, and i'm sure many others would too.

Give us some great TRADE stories!
(and i don't mean 'story' in the derogatory)

Tell us what you were thinking at the time, how you approached the trade, the pain, the pleasure you were feeling as the trade played out etc..

I love a trade story! I love a good story of RISK!

:cool:
 
Quote from Pa(b)st Prime:

...Yes I could post an audited track record from the past three years that's stunning. It would raise me a SHIT LOAD of money. Then why don't I do it? Because it would be MISLEADING. Not for the reason you suggest-part of my 3 years was on a split so OPM isn't a factor-but the bet I made yesterday has NOTHING TO DO with the bet I'll make to-morrow. The last thing I want is people going into the pool thinking "this guy is great I'm going all in you should see his numbers." I want people to go in thinking, "I hope this guy is ok but I'll probably regret cutting him a check." That's the idea behind trading live. The track record then becomes a living organic thing-people will SEE ME STRUGGLE with all of the decisions us traders make and then decide based on REAL TIME information if this is for them. That's why the 2k buy in as well. Why not let small guys learn something, buy a lotto ticket and if it doesn't work out-I'd like to think I'll at least keep from going to zero-at least they can say it was worth it, "I learned what not to do watching that nut-case." For me to show 06-09 and then have someone put up a 100k in life savings for me to then drop 75k is a guilt trip I just don't need. I'm focused on the now moment not some Corn trade from 2006. If the performance is there I'll have a thousand clients at 5k each some day. No one need to worry about ruining someone's life and I can trade without all that pressure.
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That is some seriously disingenuous and duplicitous bullshit.

You could post evidence of your past prowess but you won't. You don't want to confuse your clients with information. You don't want them to get the full measure of what you are allegedly capable of until AFTER they have paid in. Could you not just provide the usual waiver that past performance does not guarantee future results? Is the industry standard not quite up to your high-minded ideals, what with your "being focused on the now moment?" Perhaps your exacting standards will be adopted by the money management community at large. Perhaps they, too, will no longer post historic performance records because such information is so utterly meaningless, particularly over an extended period. At the reset button in the "now moment" we're all the same, right?

Did I mention disingenuous and duplicitous bullshit of the serious variety?
 
Quote from Joe Momma:

Pabst congratulations on the new site/fund, i think what you are doing is extremely reputable, i think the only thing that will shut these 2 posers up is a blotter so why not post since we know they dont trade anyways? I believe proving you are profitable versus these 2 monkeys will go a long way in making them STFU.
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With such a glowing endorsement from a man of means, I can only assume that you will participate in Pabst's Excellent Adventure. Oh, you'll have such fun!
Quote from Joe Momma:

...I would invest in PABST in a second except...
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Oh.
 
Thunderdog, for someone who want to diversify (no eggs all in one basket), to risk $2000.00 USD for Pabst to trade for them is small risk if they have other moneys in other places. Compare that to Christian Baha Superfund, where people can get in with $5000.00. That fund have high fees and have to make I think about 8 to 10% to break even, before profit for investors. That is good for people who want little correlation to stocks and bonds to hedge, but risky. Always risk, but if it is only small percent of persons money, is it more risk to go with someone with expierence, or more risk to try alone when new to trading?
I am curious about your opinion.
Also curious about redemption limits of Pabst.
 
Quote from trendlover:

Thunderdog, for someone who want to diversify (no eggs all in one basket), to risk $2000.00 USD for Pabst to trade for them is small risk if they have other moneys in other places. Compare that to Christian Baha Superfund, where people can get in with $5000.00. That fund have high fees and have to make I think about 8 to 10% to break even, before profit for investors. That is good for people who want little correlation to stocks and bonds to hedge, but risky. Always risk, but if it is only small percent of persons money, is it more risk to go with someone with expierence, or more risk to try alone when new to trading?
I am curious about your opinion.
Also curious about redemption limits of Pabst.
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Unless Pabst furnishes his prospective investors with verifiable performance numbers then he is a shameless huckster and his "investors" are fools. Buying lottery tickets with a small portion of one's investment portfolio is also a form of diversification, albeit not a particularly good one. Diversification without due diligence is a goose egg. Those who do not perform their due diligence in the financial arena almost always get pummeled. Pabst wants you to judge him not on his past performance but on his character. Have you read his posts? See any red flags yet?

But, hey, people win lotteries, so who knows.
 
Quote from Thunderdog:

With such a glowing endorsement from a man of means, I can only assume that you will participate in Pabst's Excellent Adventure. Oh, you'll have such fun!

Oh.
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How bout you post just ONE trading blotter, BTW in the interest of fulldisclosure i got rocked today
 

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Quote from Thunderdog:

Unless Pabst furnishes his prospective investors with verifiable performance numbers then he is a shameless huckster and his "investors" are fools. Buying lottery tickets with a small portion of one's investment portfolio is also a form of diversification, albeit not a particularly good one. Diversification without due diligence is a goose egg. Those who do not perform their due diligence in the financial arena almost always get pummeled. Pabst wants you to judge him not on his past performance but on his character. Have you read his posts? See any red flags yet?

But, hey, people win lotteries, so who knows.
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PLEASE THUNDER POST JUST ONE PROFITABLE TRADING BLOTTER, BEFORE YOU SLANDER PHENOMENAL TRADERS ON THIS SITE.
 
Quote from Thunderdog:

Unless Pabst furnishes his prospective investors with verifiable performance numbers then he is a shameless huckster and his "investors" are fools. Buying lottery tickets with a small portion of one's investment portfolio is also a form of diversification, albeit not a particularly good one. Diversification without due diligence is a goose egg. Those who do not perform their due diligence in the financial arena almost always get pummeled. Pabst wants you to judge him not on his past performance but on his character. Have you read his posts? See any red flags yet?

But, hey, people win lotteries, so who knows.
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I understand to due diligence. What I see he is making his living as a trader, so that is better odds than the lottery ticket. I am not a lottery ticket buyer. Yes, performance numbers should be given to investors. So thank you for your opinion.
 
Why is it that, all the right wingers have blotters up or are willing to post blotters, where as lefty pinkos like 777 and thunderingvagina, have absolutely no desire to prove any of the numerous slanders for which they profess.:confused: :confused:
 
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