Your diatribe is as desperate of a plea for help as I've ever seen.
Of course you will. You simply can't resist the emotional abuse it brings you.
Promise????
st
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Short-term trading with Oscar
- Thread starter cgtrader
- Start date
Your diatribe is as desperate of a plea for help as I've ever seen.
Of course you will. You simply can't resist the emotional abuse it brings you.
Promise????
st
Quote from HolyGrail:
The bottom line is why would you pay money to learn about trading from someone who does not have a successful track record? Would you learn how to become a surgeon from a butcher just because he knows how to cut meat?
I'm not sure if it's for the trading or simply being in a group of like-minded minions who wish to address mikey's dishonesty with back slapping rhetoric of how those who expose the truth about the charlatan are jealous, angry, non-trading individuals. It seems to give him inner peace.
What these lemmings fail to realize, is that if they would just quit shilling for the poser, we wouldn't give a rats behind what they do over in the land of oz. But their continually peeing all over our legs while trying to convince everyone it's merely raining outside is going to initiate a challenged response, and as such, the truth about the deceptive dog and pony show is going to come out. As shown, they simply cannot handle that truth, as it goes against what they want to believe. It's pathetic they are so weak minded that pinning their hopes and dreams on a hustling con artist is their only salvation.
Throughout this entire thread, not one of those koolaid drinkers have been able to refute the message, and to date, the only defense they have been able to muster is to attack the messenger. Attack back, they simply label you with nonsensical terms and then go into hiding only to show up a few weeks later to try again.
It's obvious how the snake-oiler's are able to prosper; there is an endless supply of morons beating down the door to their house of deceit. Priceless.
st
Quote from HolyGrail:
The bottom line is why would you pay money to learn about trading from someone who does not have a successful track record? Would you learn how to become a surgeon from a butcher just because he knows how to cut meat?
Holy Grail
That is a valid and worthwhile question to answer.
Simply put its a combination of many things that dont necessarily all relate to trading, which of course for me is not a lonely pursuit but trading from home is a solitary one. As such the community it offers with fellow traders.. some of which are excellent traders including a few ex IB guys, Bond traders (ex floor) and a mix of newbie and talented people. Its like being in an office but with a group of people to share with and learn from at the same time. add to that mix Oscar and his excellent knowledge of inter market relationships and technicals and it soon becomes a mix I have become used to as part of my trading day.
its educational, its fun, we exchange ideas, occasionally we all agree a trade and enter at roughly the same time or alert each other to some facts and out of that comes some really amazing trading..e.g. Oscar discussed relationship between bonds, interest rates and the feds, we all discussed it, look at the technicals via desktop sharing and from that Oscar suggested a bond play as part of the expected flight to quality currently taking place. S&P edges down, we take a cue some of us enter to hold the position long for a few days... great trade currently.
That is an example of whats going on. It is so far removed from the image of a guy telling people how to trade but some people on these boards simply dont get it..
thank you for the opportunity to put that straight. I hope its a bit clearer what this room is all about.
Cheers
Paul
Quote from Anekdoten:
Paul,
When I posted that message, his service was still free, so I could see most of his calls in real time.
During that particular month he broke even or had small losses according to a statistic posted to one of the forum posters. IMHO, that is not very consistent for someone who pumps his chest about 25 years of trading. Notice I said consistency not perfection.
I also witnessed quite a few averaging down calls when trades were going against him, forcing traders to take twice the original loss. As an experienced trader I will tell you right now averaging down is the devil. He does not do it much, but I saw evidence of it.
This is not personal, this is purely objective, I even like the chap, he is quite charismatic.
I realize you are entitled to your opinion, with that in mind I respectfully remind you, that so am I.
Anek
Anek.. I have no axe to grind so I will answer you honestly to the best of my ability:
"according to a statistic posted to one of the forum posters"... this is way to subjective an issue to discuss, I have never known of Oscar to post the success rates of each trade..WHY? because how you trade that call is ultimately up to you.. your style.. tolerance for risk.. he is making a very general call and putting it out his style is different from others of course but the trade call is not specific about in trade management... unless of course your in the premium room and you can ask Oscar AND OTHERS for advice on our position in real-Time.
"During that particular month he broke even or had small losses according to a statistic posted to one of the forum posters.".... and..? what do people expect? that he has to call it right every day, every month consistently?.. and by the way you got that for FREE right? Does he have some right to spend time coaching you ?..for free?... come again dude.. can you see why many are upset?.. they should take a step back and consider all the issues if you ask me... but of course I can see your point but I think its a little too naive if I may be so direct my friend...
Averaging down... Oscar would NEVER EVER average down.. not even if we stole his personality and baked him in the oven whilst pulling all his stops.. no way ... that however does not apply to scaling in or out of a position.
yeah I like him too.. I think he does not deserve some of the ridiculous outlandish claims made here at all.... its quite astonishing what people will do to justify themselves right.... and they are not right.. loosing is part of trading, but you must limit the loss..
as for Oscar not being a good trader.. just pure unadulterated hatred and jealousy..sad really but their loss... Oscar this week alone called the following correct calls in: S&P NASDAQ, British Pound, Bonds, FTSE, Wheat as the ones that immediately come to mind....
One of his S&P calls was not quite right, thats it ..its an astonishing record..and ask yourself this question... who else puts their results on the line in advance via free videos?.. Im struggling to mention one single person..not just tips but calls with entries and exits....?
I understand how you feel... dont be allowed to have your feelings swayed by those more "vocal" about it than you or me..
Creat a plan..a style.. stick to it so you can monitor how it works for you.
dont take impulse trades without knowing entry exit and risk amounts first.know yourself first. the only one responsible for trading is yourself.. and that is absolutely independent of any advice you then choose to listen to whether you choose to even take that advice or not.... I would rather have the advice available than not..some think reading a book is the way but it is infact ultimately no different.. in fact its an inferior medium because its devoid of interactivity
All the best Sir
Paul
Quote from Stealth Trader:
Throughout this entire thread, not one of those koolaid drinkers have been able to refute the message, and to date, the only defense they have been able to muster is to attack the messenger. Attack back, they simply label you with nonsensical terms and then go into hiding only to show up a few weeks later to try again.
It's obvious how the snake-oiler's are able to prosper; there is an endless supply of morons beating down the door to their house of deceit. Priceless.
st [/B]
Correct. I was a semi regular poster there. When I performed an objective test on the profitability on their own track record, and they delete my results and the resulting comments, and say I have an agenda, all they do is create an enemy.
If you can't be honest and take objective criticism, then you have no business being in business!!!
You're all a bunch of panty waist fuckhead punks. All arguing whose dick is bigger. This forum was quality until u lousy fucks came along. Now its for shit. Just look at all these replies and posts blah blah you said this blah blah you said oscar this--not one of u fuck can formulate a constructive, objective opinion and write it down or share it without fucking it up and trippin on your egos and 2 inch dicks.
So I like others, gave up but I will keep coming back to haunt you pimpy little tit-sucking momma's boys for life.
FUCK YOU
So I like others, gave up but I will keep coming back to haunt you pimpy little tit-sucking momma's boys for life.
FUCK YOU
rotflmao1
I can absolutely understand your frustration, I share it too.. there were some good comments and interesting ones. Its not that people should not comment.. its just that when they do they should have some sense of purpose and contribution and avoid remarks that are offensive and simply uncalled for or unqualified.
I apologise if I have upset anyone, I needed to defend myself from such banal shoot from the hip nonsense displayed by some in this thread, who seem to display a mental deficit when reading simple replies that easily explain why many subscribe to his wonderful community.. in particular the Live Trading Room.
Regards
Paul
I can absolutely understand your frustration, I share it too.. there were some good comments and interesting ones. Its not that people should not comment.. its just that when they do they should have some sense of purpose and contribution and avoid remarks that are offensive and simply uncalled for or unqualified.
I apologise if I have upset anyone, I needed to defend myself from such banal shoot from the hip nonsense displayed by some in this thread, who seem to display a mental deficit when reading simple replies that easily explain why many subscribe to his wonderful community.. in particular the Live Trading Room.
Regards
Paul
Quote from saxon22:
Well, Oscar was predicting the market was going down on Friday. We all know how that ended.
Its good you are paying attention to his calls... you will also note then that his BP and Bond trades were right on the money and that he reversed the S&P call in the morning...
2 out of 3 called the night before is still a 66% success rate, but the importance of the calls comes in trying to understand for yourself why and how he went about making those calls in the first place. Thats where the value comes in so one can learn how.
as a trader Im sure you know there is no holy grail and there isnt a person in the world who can call it right all the time.. lets remain objective about these calls..
Paul
Quote from rotflmao1:
You're all a bunch of panty waist fuckhead punks. All arguing whose dick is bigger. This forum was quality until u lousy fucks came along. Now its for shit. Just look at all these replies and posts blah blah you said this blah blah you said oscar this--not one of u fuck can formulate a constructive, objective opinion and write it down or share it without fucking it up and trippin on your egos and 2 inch dicks.
So I like others, gave up but I will keep coming back to haunt you pimpy little tit-sucking momma's boys for life.
FUCK YOU
Don't be such a weenie, say what's really on your mind!!!! :eek:
st