Trader P/L 2005

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Quote from mksummny:

I have previously outlined my basic strategies in trading. If you can t for one minute think that making 1 million dollars a year is possible year in and year out then you my friend need to find another job that you do not restrict your motivation of success. I am not going to waste any more time with you. I have devulged trade logs, time and sales, what broker I was at, the name of my accountant. If you are really interested in knowing what I make and believing it then do some research and make some calls. I have publicly took one idiot to a challenge of 10k dollars and he dissappeared.
Contrary to what you think, of those 30 traders, half of them are a joke. Do you think the magazine called me up to ask me, or even for one instant knew who I was? Believe me I dont lose sleep over it. I work out of my house, trade my own money, and keep all my profits. I have low overhead and a great trading strategy that nets me decent pay everyday. I run in tight circles with other trader friends of mine around the country and kept a low profile until I started posting on here. Perhaps instead of whining you should be working on becoming a better trader. Put more effort into training yourself than into others. I will no longer give any information about my trading out to anyone. Others took advantage of my generosity and killed the issue. I only post here, like I have said before, to motivate other traders into knowing they can do better and attain higher daily goals. I once did the 500 bux a day thing then went to 1k then with time I stepped up and starting trading my maximum potential. With more buying power I probably could make more money, but the question is, Am I comfortable now with who I am? Am I happy where I am? and do I want to even bother, knowing my life is just where I need it to be financially.
If you think 5k a day is absolutely the best of what traders can do, you need to rethink that rationale, because I am no where near the best. I know a guy who made over 400k in the last 2 weeks of trading, and he posts on a chat service just like this! he must be a loser and a liar too!
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a little information. the ignore function works very well on et. i have about 50 people on ignore right now. much less stressful that way. i for one like to see yours and others results. keep it up.
 
Quote from mnx:

haven't posted in a while... I've been done by 10am 2 days in a row now. Today I lost 190 and was shutdown. very frustrating!!

mnx
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Isn't your stop out like 1000 by now?
 
I am not attacking anybody but it makes no sense. I know guys making over a million a year trading but not flipping 100k shares of pennies in a day trade. It you are making it great but why can’t I question it. You are 27 a few years out of college and making millions the last few years flipping penny stocks on the nyse specialist. I honestly don’t want to fight with people but it seems hard to believe. I do not question a guy like NBBO because he might be trading size to make the money he does. I will let this die now.
 
its irrelevant wether mskully or the rest are telling the truth. THE FACTS ARE LESS THAN 5% OF THE PEOPLE ON THIS BOARD WILL BE ABLE TO MAKE A CAREER TRADING LONG TERM. AND I'D SAY HE ODDDS AR ELOWER THAN THAT. I'VE BEEN DOING THIS 15 YEARS DAY IN DAY OUT AND THE 100'S I'VE MEET OVER THAT TIME ONLY ONE'S LASTED FULL TIME WITHOUT INTERUPPTION. THOSE ARE THE FACTS ALL ON THIS BOARD SHOULD BE TRYING TO BEAT INSTEAD OF WORRYING ABOUT POSTING BLOTTERS. AND MAKING IT 1ONE TWO OR EVEN 4 YEARS ISN'T A CAREER. I'D DEFINE THAT AS 10 YEARS ARE MORE
 
Brokerboy,

If you saw the commission and rebate deal that mksummy has, you could easily believe that he was making that amount of money with his particular style of trading.

I do have two issues with this thread...

1) Newbies don't realize that it is impossible to trade mksummy's style without his commission structure (which is BY FAR the most ridiculous deal I have ever heard of).

2) I think some of the more successful posters on this thread get a little too cocky with all the newbies sucking up to them. Phrases like "that stock is my own private ATM" and "[I made $3500 and I only traded 45 minutes]" are really asinine and aren't going to help any newbies feel better about their progress.
 
Quote from joeyata1:

its irrelevant wether mskully or the rest are telling the truth. THE FACTS ARE LESS THAN 5% OF THE PEOPLE ON THIS BOARD WILL BE ABLE TO MAKE A CAREER TRADING LONG TERM. AND I'D SAY HE ODDDS AR ELOWER THAN THAT. I'VE BEEN DOING THIS 15 YEARS DAY IN DAY OUT AND THE 100'S I'VE MEET OVER THAT TIME ONLY ONE'S LASTED FULL TIME WITHOUT INTERUPPTION. THOSE ARE THE FACTS ALL ON THIS BOARD SHOULD BE TRYING TO BEAT INSTEAD OF WORRYING ABOUT POSTING BLOTTERS. AND MAKING IT 1ONE TWO OR EVEN 4 YEARS ISN'T A CAREER. I'D DEFINE THAT AS 10 YEARS ARE MORE
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I agree comepletely with your statement. However, this thread is about posting blotters. Which is why people are posting blotters. :)
 
I saw be pays 5 buck tickets and routes it for ecn’s rebates. I don’t question he makes money but it sounds unreal to make millions a year doing it. A 27 year old kid woke up one day with a few 100k in his bank account and is flipping penny stocks to greatness. It should be a movie. The cockiness of what he says makes me think it’s not true. Anybody who does that knows it’s not easy. It comes of so bad but maybe I am wrong.
 
Quote from brokerboy:

I saw be pays 5 buck tickets and routes it for ecn’s rebates. I don’t question he makes money but it sounds unreal to make millions a year doing it. A 27 year old kid woke up one day with a few 100k in his bank account and is flipping penny stocks to greatness. It should be a movie. The cockiness of what he says makes me think it’s not true. Anybody who does that knows it’s not easy. It comes of so bad but maybe I am wrong.
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I agree. He comes off like its not a big deal making $7k in one day.. and he is going to stop because he decides to take his daughter swimming or to the mall.

I dont think he has ever posted one down day.. thats why its probably bogus...

Just sounds like bullshit to me.

--MIKE
 
Guys it is pointless to fight about it. The purpose of the thread was always positive. It was always to showcase people who make money. When I post notice that I include my positions so people can see what stocks I am in etc. Some people just post the numbers. Why does anyone care to fight about it publicly. It makes the thread look bad. PM insults at eachother if that gets you off otherwise just try to be cool. Please.
 
Quote from Diamondtrim:

Guys it is pointless to fight about it. The purpose of the thread was always positive. It was always to showcase people who make money. When I post notice that I include my positions so people can see what stocks I am in etc. Some people just post the numbers. Why does anyone care to fight about it publicly. It makes the thread look bad. PM insults at eachother if that gets you off otherwise just try to be cool. Please.
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I think its time to congratulate DT for starting one of the most popular threads on ET. Nice job. :cool:
 
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