Quote from Richard England:
What you are trying to say was that LBR had some good pattern that you couldn't pyramid the contracts up to whatever level you were comfortable with and make buckets of money? $1,500 to $2,000 wasn't sufficient to do that?
I've watched LBR trade more closely than you can imagine and quite frankly, after she got rid of whoever made her morning calls or visa versa, she has performed quite badly. She doesn't even post anything in advance on her site anymore- that's how bad!
In the room, she would make these "trade alert" trades that were strictly rookie calls (a flag formation, for instance) and then if she was successful (about half the time) she'd run like a little girl with 2 pts. Whenever she ran, the market would continue for a much better gain. Pros don't "run" with 2 pts. She traded with minimum 3 pt. stops-sometimes 5, also (which means she has no clue in addition to poor money management). I don't consider her a Market Wizard in the company of Rich Dennis, Ed Seykota, Bruce Kovner, etc. etc. I see no evidence she's made it like them. She's another "teacher" is all. $300 a month times a hundred students would make your TraderBrad drool! I'm sure that keeps her horses fed quite nicely.
My advice to you and you know what that's worth, is to stop playing the victim. Settle down to one strategy that's your own and forget about all these people, who if they were "for real" wouldn't give you the time of day- let alone disclose a shred of info you could actually use. When I lived in San Diego, I was looking at 12 custom houses being built on the ocean. The real estate guy happened to mention that one of the houses I was looking at, was already sold to this retired commodity trader from Chicago. I went up and rang the doorbell of this $4 million house and when I told him I heard he was a commodity trader, he slamed the door in my face before I could finish my sentence! We KNOW he was successful because I was told he paid cash for his house. See? What kind of mansion did you drive up to, to pick up your manual for $4k?
Even big commercial hedgers go thru a myriad of faints and ploys to hide their true positions from the floor even though few can play in their league because no hedger will last long if the best he can do is just hedge.
As far as Brad Caldwell not delivering what was promised: FRAUD, samson77, FRAUD. Show that he INTENDED to defraud you with misleading and FRAUDULENT claims. I hope you are taking screen shots of his daily "movie"(which you relied upon) and recording the audio for small claims court ( which I disagree with btw- you should sue him in a higher court for huge damages and triple punitive damages which would remove you from small claims- not too late to re-file in higher court, you know).
Good luck to you Samson77. I wish you the best.
