Real or fake?

[PitchBlack]

Quote from Avid_Consumer:

1. previous catastrophic blowout
2. claim of several million in assets
3. attention grasping grail thread
4. painstakingly doctored screenshots of perfect hindsight trades
5. arrogant self defense
6. self contradictory statements
7. brief posting history detailing numerous system rules/factors

could be authentic, but this is a familiar profile

I will answer with a previous posting adressed to you; you take pieces of postings, take them out of their context and paste them together to get what you want to get. Can you finally give the details about the millions in assets? No you can't, because you are twisting words. I will tell you about the millions in assets you talk about. I was registered as CTA somewhere between 1992 and 1994; at that time i had approx 7 million dollars UNDER MANAGEMENT; so not my personal assets. This was before i started trading futures, because if you read well you should know that i started trading futures in 1995. So don't pretend that i trade millions in assets in futures, because that has never been said. But you are obsessed to "unmask" me, and all means are apparently good.
What you do is also a "familiar profile".


This is the posting:

Read what i write, not what you wished i wrote; i said:
The BASICS of this system run since 1995.

This means that this system was created in 1995, from that moment on I stopped losing money and started making money. I never said it made 10 points a day since 1995. I also mentioned in other threads that people who calculate like you do have no knowledge at all about trading. If you want to know why, read my other postings. Have you ever tried to take 1000 contracts as daytrader ? Well don’t try it because it is impossible; so your bazillionaire calculations are ridiculous. But you only know that if you know what daytrading in Eminis is.

It is ooh so easy to take parts from postings and use them in another context. Can you tell me in which year I had 7 million under contract? If you cannot say it you are bullshitting.

Have I said I didn’t recover yet? If you cannot say it you are bullshitting.


It’s also strange that you don’t mention the posting where I said on 04-06-05 at 11:18 PM:
I started from scratch.
First 5 years to develop a system that prevented losing money.
I had 2 computersystems: one in my office and one at home. Average more than 10 hours a day/6 days a week minimum.

After these 5 years another 5 years to make the system perform as it does know. Returns grew exponentially.

So 10 years to get a performing system , starting from zero.


I trade now 5-6 hours a day, 5 days a week. I don't have to be before my screen all the time.

I know several persons who invested also a lot of time, money and energy and they still have nothing. Participating in the game doesn't guarantee success.

 

[Avid_Consumer]

sorry if i wasn't clear, i'm well aware of what you wrote. in the context used, i just meant to point out a claim of ever having several million under management, not currently having it, which you've been perfectly clear about from the start. and yes, anyone who has tried to load up a working strategy knows that the true capacity of the index futs is very low

for all anyone knows, you may well have managed 7M or whatever, it's just a suspicious claim in conjunction with your other traits. i'm skeptical, and that shouldn't come as any surprise really, given the full picture of how you present yourself

 

[PitchBlack]

Quote from Avid_Consumer:

sorry if i wasn't clear, i'm well aware of what you wrote. in the context used, i just meant to point out a claim of ever having several million under management. not currently having it, which you've been perfectly clear about from the start.

for all anyone knows, you may well have managed 7M or whatever, it's just a suspicious claim in conjunction with your other traits. i'm skeptical, and that shouldn't come as any surprise really, given the bigger picture of how you present yourself

A few years ago people laughed at me on a website in Belgium. They didn't take me seriously. So i posted in 2003 and 2004 dozens of forecast about the S&P. I said in may 2003 that the trend reversed to long, while everybody was screaming that we would go much lower. I predicted all the moves till beginning of 2005 and NEVER made a big mistake. I even gave buy signals that where within the 24 hours when the bottoms were formed. Now they think completely different about me.
But i don't feel the need to prove myself again.
I already said that i started this thread to encourage people to search after good systems and not to listen to those who always say: that's impossible.
I gave a brief description of how i trade and received reactions from people who see things differently now.

I'm not going to waste more time to this as all i have to say has been said. If there are still questions i might answer them but maybe i won't.
Everyone can make his own conclusions and i really don't care what others think about me.

 

[Medveshonok]

Hi Spike,

i guess the reality is not exactly as you saying "i really don't care what others think about me"...

I have read carefully your thread and links that you gave to the thread "exit methods for trend..." I can say (I understand you don't need it as a matter of fact that I trust every word you wrote here.

I have been in the same situation, than I even don't wanna open my mouth to say what are my results, because i understood that's sounds unbelievable. And to my only very close friend i said "fuck what they are thinking, i don't need to prove anything"..

The truth is that we want to think in such a way, we want do not care about it... But we can't care about it at all, cause we are humans and living in society

As for me I can say thank you very much, you really encouraged me to look for intraday swing strategies. (sorry if I using not correct termins)

I'm a pure scalper and it worked great on stocks for 3 years, after 1 year of loosing and teaching (russian market). Since autumn 2004 I begin switching to US market, because russian market is almost dead now, after Yukos bankruptcy and other very sad things happened.

Here on US market, i trade futures, trying to bring my strategy from stocks. It's still doesn't work as i wanted.

I don't even try really to look for some mechanical systems or using indicators, because I never believed that something such simple and known to everyone can work and be consistently profitable. As a scalper i mostly relayed on my intuition and experience. But your system is adaptive and has variables factors it is not frozen. I'm sure such systems can work.

Thank you once again, my head boils ideas now

This your thread and a couple threads with FuturesTrader71 and Velocity Trader are the best threads for me i have read here on ET.

Regards

BTW. sorry for my english

 

[PitchBlack]

Quote from spike500:

...... i don't want to waste too much energy on it as i already know which direction the postings will go at the end.

This was a posting from the beginning of this thread. As you see, from the beginning i already knew that we would end where we are now.
On every board there are always a few members that analyze postings in search of lies. It's like the Inquisition in the Middleages or the chase at the communist in the USA long time ago. If you say or do something too different from what the majority does, you have to be chased and/or eliminated.
The best way to do that is to create an atmosphere of suspition, copy and paste postings till you get the results you want and suggest things without explicitly saying it. A very good example was the 7 million dollars posting.

When i see the PM's i get it's clear that there was usefull information in this thread.
If i would read useful information i would try to learn as much as possible; and if there should be rubish in the story, i would throw the rubish away and keep the interesting things. But i would never offend the poster, because it's already difficult enough to find someone who wants to share info for FREE.

 

[Avid_Consumer]

Quote from spike500:

On every board there are always a few members that analyze postings in search of lies.

the title of your thread 'real or fake?' is an invitation to skepticism. whether you're aware of your own motives is another question lol

 

[PitchBlack]

Quote from Avid_Consumer:

the title of your thread 'real or fake' is an invitation to skepticism. whether you're aware of your own motives is another question lol

But this:

The best way to do that is to create an atmosphere of suspicion, copy and paste postings till you get the results you want and suggest things without explicitly saying it. A very good example was the 7 million dollars posting.


has nothing to do with skepticism; i call that cheating to accuse someone else of cheating.
Some took the word "fake" from this thread to fake postings.

I also posted already repeatedly my motives for this thread, but apparently you don't only copy and paste, you also cut parts of postings.


I won't react anymore on this kind of postings, i already put to much time and energy in it. To you it's probably your core business

 

[blueskier]

spike: I've read all your posts and appreciate the info you have provided. Just one question: In one of your posts you mention that you tried to train several other traders, but that they have not done so well. Were they using your system, or signals from your system? If so, what, in your opinion, was the cause of their failure?

 

[stock777]

Quote from Avid_Consumer:

1. previous catastrophic blowout
2. claim of several million in assets
3. attention grasping grail thread
4. painstakingly doctored screenshots of perfect hindsight trades
5. arrogant self defense
6. self contradictory statements
7. brief posting history detailing numerous system rules/factors

could be authentic, but this is a familiar profile

I ran a scan and found 86.4% of ET posters fit at least 5 of the 7 categories.

The remainder, aren't doing as well.

 

[PitchBlack]

Quote from blueskier:

spike: I've read all your posts and appreciate the info you have provided. Just one question: In one of your posts you mention that you tried to train several other traders, but that they have not done so well. Were they using your system, or signals from your system? If so, what, in your opinion, was the cause of their failure?

About the group it trained. These were people that had an investmentclub. They were not trading minded enough to become succesfull (except for the one that still is trading). It was too much asked to create a system themselves based on my approach. I gave them the basic rules and logic (as i did here), it was up to them to work on the system. After a few months most of them gave up. The one who continued was able to become profitable, but returns are not yet very spectacular. Before he met me he lost continuously money.
It's not so easy to become succesfull, i made the error to think that everybody is willing to make the same sacrifices that i had to made.

Regards,

Spike.