Taking 320K to 3.5million by Year End 2009

[asiaprop]

...play the ball low buddy. Point is all he accomplished was to blow out a significant % not even only of what he made this year (he has not so far) but a big portion of his winnings from even last year. I recommend you dont make gun slingers to your idol otherwise in case they blow out you may also need to shoot yourself.

My point was that this volatility in his equity curve is something that Neke is obviously seeking otherwise he would have listened to the uncountable number of posts made by others and reduce his volatility and trading size. There is no point in flaming him now that he is on a losing streak, something that was inevitable. He must have and certainly is aware this would happen down the road. Case closed. And what is your point?

Quote from timmyz:

jealous? neke has accomplished far more than your cheap wannabe institutional ass. you should shine his shoes for the opportunity to read this thread. you think you're better than people here? get the fuck out then and crawl back to your desk where you can keep deluding yourself that you're a trader. you're a cheap employee who can't trade. that's why you're an employee. loser.

 

[neke]

Quote from retire45:...
There are some here that give genuinely good advice but it seems you are here purely to prove something as you clearly don't take advice (I did but only briefly). ...

Could you please itemize in objective form all the advice ever given here (including the ones you don't agree with), and then tell me the ones you would take?

 

[topherea]

neke,

Buy STEC on an intraday pullback from right now....

That's your horse.

 

[topherea]

FUQI and STEC both are looking strong... Tight (mental) stops. That's my worthless opinion. My limits on both are slightly lower than where they're selling now

 

[timmyz]

you've been paper trading your whole career. you just don't know it. nevermind that though. you're too good for the people here right? get the fuck outta here and crawl back to wilmott.com where all the other delusional losers like yourself hang out.

oh you can short&naked with you. i'll take care of his wife while the two of you get really obscene with the vaseline.

Quote from asiaprop:

...play the ball low buddy. Point is all he accomplished was to blow out a significant % not even only of what he made this year (he has not so far) but a big portion of his winnings from even last year. I recommend you dont make gun slingers to your idol otherwise in case they blow out you may also need to shoot yourself.

My point was that this volatility in his equity curve is something that Neke is obviously seeking otherwise he would have listened to the uncountable number of posts made by others and reduce his volatility and trading size. There is no point in flaming him now that he is on a losing streak, something that was inevitable. He must have and certainly is aware this would happen down the road. Case closed. And what is your point?

 

[asiaprop]

1) develop a strategy and stick to it
2) cut losses early
3) make the position size a function of your account size and profit/stop targets of the position.

No point in listing advice I dont agree with, above you find pretty much in every basic book.
Cheers

Quote from neke:

Could you please itemize in objective form all the advice ever given here (including the ones you don't agree with), and then tell me the ones you would take?

 

[topherea]

Quote from bwolinsky:

These are all overvalued. NTES not so much, MVSN grossly so. PE is too high for all of them in a slow growth environment.

Low and behold! I think MVSN might actually break it's ridiculous uptrend... If it closes below the $22-$22.11 range today, it may turn into a decent short...

 

[retire45]

Quote from neke:

Could you please itemize in objective form all the advice ever given here (including the ones you don't agree with), and then tell me the ones you would take?

Neke,

That would take years since I try to avoid ET these days. I think those that scold you for berating yourself for breaking a rule and then repeating the same error are somewhat helpful. Not only destructive to the account but emotionally VERY negative. I do this as well and short of a psychological transplant we simply need to stop these tendencies OR the markets will sooner or later take care of the problem for us. Account volatility is such a difficult thing to experience and remain objective about.

So in the end it is YOU and only YOU that matters in the end. And do something about the tone of the Journal. Have any of these posters ever run a public journal? Very unsympathetic and rude. We are all imperfect in varying degrees.

Rashid

 

[illiquid]

Let me guess . . . did you buy POT calls this week?

 

[Millionaire]

Hi Neke,

Hope you traded well this week, im eagerly waiting your weekly update.

You have inspired me to start my own ET journal, in a similar style to yours, although my account has nowhere near the balance yours has.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=167177