Quote from Xspurt:
Bit of a milestone today, the newbie that I mentioned had his first 5 figure day. Not bad considering just over a month back he opened his account with $10K and today he made more than that. But he only traded half the day today, guess he's tired making money. He's well on the way to making over $1,000,000 this year from a $10K initial investment and all using TA.
No Price Drivers and no fundamentals. Just reading what TA says will come next. No averaging in or out of positions. Tight stops and no hoping a trade will come good.
Wiling to have it all audited by a top 5 accounting firm that surf can chose, provided he gets his PD performance audited too. Not that long back this guy didn't know what TA was and now, by sticking to the rules of good TA, he's a winner.
$10,000 into a 1,000,000 profit is 10,000% in a year. Now how will PD's measure up to real TA with verified single broker statements? Umpteen times surf challenged TA'ers to take the combine and couldn't believe how costly 2 weeks paper trading is to a real trader. He made loads of challenges for TA'ers to give proof and rejoiced that no one was wiling to show up. Well now I've come knocking on his door and only because I was asked to show the evidence and take the challenge. All I ask is fair play, surf's PD's audited against my rookie's. It's real money being played here, not sim trading.
