Taking 103K to 1.2million by Year End 2008

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Quote from rodmike9:

your contributions to this board are of no value

keep up the good work neke. Your psychological approach seems to be avaluable asset to your success.

safe trading next week and good luck!
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Who the hell are you to tell me they are of no value? You simply don't want to hear the facts (just like those who bought at the top in 2000). And you certainly don't want to hear that neke's strategy will not work over the long term. It's a mathematical certainty. Go to collective2.com and look at the performance of the longest running funds: all failed in the end.

The only way to build wealth safely is by compounding.

Oh and btw, fuck you.
 
Quote from short&naked:

Who the hell are you to tell me they are of no value? You simply don't want to hear the facts (just like those who bought at the top in 2000). And you certainly don't want to hear that neke's strategy will not work over the long term. It's a mathematical certainty. Go to collective2.com and look at the performance of the longest running funds: all failed in the end.

The only way to build wealth safely is by compounding.

Oh and btw, fuck you.
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Or sold the bottom for that matter

http://www.elitetrader.com/vb/showthread.php?s=&postid=2188574#post2188574

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to each his/her own. neke bought it and you sold it.

mods, while deleting my trash, please delete his.

good luck to you both!!
 
Quote from short&naked:

And you certainly don't want to hear that neke's strategy will not work over the long term.
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From looking at Neke's top and bottom trades during his awesome run up, he's learned to let his winners run and cut his losers short.

Barring a computer meltdown during massive volatility on heavy leverage without a protective stop in place, this is a trading strategy for success that most certainly will work over the long term.
 
Quote from NoDoji:

From looking at Neke's top and bottom trades during his awesome run up, he's learned to let his winners run and cut his losers short.

Barring a computer meltdown during massive volatility on heavy leverage without a protective stop in place, this is a trading strategy for success that most certainly will work over the long term.
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Really? Then why is his equity curve not smooth? Most of his huge gains were made recently in a few gambling trade. Could have easily gone the other way.
 
Quote from short&naked:

Really? Then why is his equity curve not smooth? Most of his huge gains were made recently in a few gambling trade. Could have easily gone the other way.
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Guys just let Short and Naked be, he trades like an investor, believes the overal trend in the market is up, has probably been fully invested for a while and understandably can't take it that others are raking it in with a system which to him is only gambling, while he has lost a fortune trying to make 10% a year.

A piece of advice to you Sir S&N: stop repeatedly coming onto a board where someone posts their SUCCESFUL strategy with your jealous replies comparing it to another volatile chart that had a horrible ending. We understand that you are hoping for Neke to blow up so that you can asure yourself that everyone is losing just as badly as you, but your posts are bothg classless and getting boring week in week out.

And why his equity curve is not smooth is because he is taking 60/40 shots and doing it in decent size. Will someone doing this 20-30 times a week have swings? of course he will. So let Neke stick to his strategy (one where he spots an edge and has the balls to put huge sums on the line) and you can stick to yours.

And here is another call out, if you really think that you are right why don't you gather the balls to start a thread posting your trades and views. "You can call it, When the Dow hits 11.000 I'll be whole again"

Sorry to deviate from what this thread is supposed to be about, awesome week Neke, and good going on the withdrawel.
 
Quote from FGBS:

Guys just let Short and Naked be, he trades like an investor, believes the overal trend in the market is up, has probably been fully invested for a while and understandably can't take it that others are raking it in with a system which to him is only gambling, while he has lost a fortune trying to make 10% a year.

A piece of advice to you Sir S&N: stop repeatedly coming onto a board where someone posts their SUCCESFUL strategy with your jealous replies comparing it to another volatile chart that had a horrible ending. We understand that you are hoping for Neke to blow up so that you can asure yourself that everyone is losing just as badly as you, but your posts are bothg classless and getting boring week in week out.

And why his equity curve is not smooth is because he is taking 60/40 shots and doing it in decent size. Will someone doing this 20-30 times a week have swings? of course he will. So let Neke stick to his strategy (one where he spots an edge and has the balls to put huge sums on the line) and you can stick to yours.

And here is another call out, if you really think that you are right why don't you gather the balls to start a thread posting your trades and views. "You can call it, When the Dow hits 11.000 I'll be whole again"

Sorry to deviate from what this thread is supposed to be about, awesome week Neke, and good going on the withdrawel.
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Let me give you some adivce: How about reading the post you are responding to.

Funny, you are under the false assumption that I trade equities? When did I say that I invest in stocks? All I said was that the only way to safely grow your capital is through compounding (I didn't say not through trading).

Does neke know a lot about the markets? No question that he does. Will he blow up? Most definately. It's not a matter of hoping for it or wishing for it, it's an almost certain in the long term. The fact that he equity curve went nowhere for most of the year and then blasted off to the upside shows that his account's growth was based on little more than a "few good one's" which could have easily gone the other way. This is gambling. In fact, I'd be willing to trade a CDS derivative on this. :p

Actually now that you mention it, I might just open up a currency trading blog (non gambling, of course). :)

And yes, I have been there were neke is right now: On top of the world and then crash! That was a while ago and I'm glad I've learned my lesson. You, however, seem to have a ways to go.
 
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