I'm sure the mod has redacted the above sentence of mine...
Project X
- Thread starter marsman
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To those people who don't understand my plan: you are not alone, even my partner didn't understand it initially.
But some interest calculations have convinced him that with more capital we achieve our goal with just the same effort, but in much shorter timeframe.
It's the maths some people don't know nor understand...
But some interest calculations have convinced him that with more capital we achieve our goal with just the same effort, but in much shorter timeframe.
It's the maths some people don't know nor understand...
Gotcha (and also Pekelo), you are risking to be blocked. I don't like your silly accusations.
It is my plan, not yours. I'm doing it just MY WAY, whether you like it or not. It is not your business.
Why don't you simply open your own journal?
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How I trade and how I do my risk calculations is not your business. Be happy with your method, I'm with mine.
This is a journal, discussions have taken in many threads before that, just research. I don't have time to discuss that all again with you.
And: as said: my method is not your business.
Like you said, consider a vendor account.
I don't think you should limit access though; this seems to be one of the most popular threads in a while. It brings a smile to my face often
! You're getting a lot of exposure I'd guess. Isn't that how you found your first 'backer?' Don't mess up a good thing.
I don't think you should limit access though; this seems to be one of the most popular threads in a while. It brings a smile to my face often
! You're getting a lot of exposure I'd guess. Isn't that how you found your first 'backer?' Don't mess up a good thing.
We understand it alright, you are fishing for investors with an untested system. And I mean not even back tested, otherwise you would have told us the huge back test results. So I ask again, what did your system do when the market tanked -10% in January?
I also explained to you about blocking that I would still be able to comment, you just wouldn't see it. I thought we were friends, so what gives? Did I ask too sensitive questions, like any logical backer would?
By the way you are lying about your backer thinking your goals would be achieved faster with more backers. No backer wants competition, why would they? My guess is that he wants to go real slow (understandable) or already said he wouldn't give more money.
Anyhow, if you are fighting us, who raise logical questions, you are in the wrong business. And just one more advice, ET doesn't protect vendors from honest criticism...
Pekelo, your questions are irrelavant. Who do you think you are? I owe you nothing.
And this is not a discussion group, it's just a journal for documenting my progress.
You don't know the maths we do, you don't know the details of the agreements.
Btw, why don't you tell us about your own system's metrics? Come on, do please! Will you or will you not?
And this is not a discussion group, it's just a journal for documenting my progress.
You don't know the maths we do, you don't know the details of the agreements.
Btw, why don't you tell us about your own system's metrics? Come on, do please! Will you or will you not?
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I predict that you will be very successful this month, marsman... You should enjoy it!
Just a hint: initially I said a goal of 30% per month, and now we see it's even much more...
Just do the math, the difference is ours... And the bigger the account the bigger the absolute return...
I convinced my partner with this simple calculation:
30% of 10k is 3k
30% of 100k is 30k
Ie. with a 100k acct it is about 10 times faster to reach a PL of 30k, compared to a 10k acct...
This proves that size matters...
Just do the math, the difference is ours... And the bigger the account the bigger the absolute return...
I convinced my partner with this simple calculation:
30% of 10k is 3k
30% of 100k is 30k
Ie. with a 100k acct it is about 10 times faster to reach a PL of 30k, compared to a 10k acct...
This proves that size matters...
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Has marsman indicated what his trades are. I thought in a trading journal they should be mentioned, but I could not see them. I can understand not wanting to give away good trades, but at least post them 1-2 days after they were entered.
A lot of the slack marsman is getting is because:
1) Without indicating what the system is, it can not be properly challenged or justified
2) Without a proven track record, the system can not be properly challenged or justified
Thus, in the mean time, it really is just a claim with pictures of a balance sheet. Not saying it's got anything like certain Ponzi schemes, but it is just as threadbare on details as one.
On a separate note:
Given the 30% compounding projections given, why not simply continue for about 3-5 years at which point you should have enough funds to purchase an investment bank or hedge fund and run it through there. No need to seek any partners, investors, friends, etc.
A lot of the slack marsman is getting is because:
1) Without indicating what the system is, it can not be properly challenged or justified
2) Without a proven track record, the system can not be properly challenged or justified
Thus, in the mean time, it really is just a claim with pictures of a balance sheet. Not saying it's got anything like certain Ponzi schemes, but it is just as threadbare on details as one.
On a separate note:
Given the 30% compounding projections given, why not simply continue for about 3-5 years at which point you should have enough funds to purchase an investment bank or hedge fund and run it through there. No need to seek any partners, investors, friends, etc.
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