Trader P/L 2006 Questions and Discussion

Quote from gutsytrader:

I'd like to thank whoever came up with the idea of the P/L thread.
I'm a huge procrastinator. When I said I'd start posting to the thread I hadn't placed a trade in months. The fact that I committed to posting to the thread has improved my discipline by making me accountable to something. It's too easy to just sit back and post on a site. I completely forgot about the rush when I have a position on. Hopefully it'll help me improve. I already started a diet to lose some weight so I'll have more energy.

Anyway, I just wanted to say....thank you!

he has been banned for spamming
 
To shed light on the F trade, I could've told you all it was fake.
I was moving around the stock before the MLCO upgrade. The only way he could've accumulated 1M shares of the stock, was to have gotten the heads up from Merrill. (which he didnt get)
There's no function in the world which allows you to snatch up 5-8 levels of F (including the specialist) with one print. He also barely paid any fees that day. Glad his BS was exposed.

There's no way he'd be able to scale out of 1,000,000 shares++ without substantially taking the stock down... unless he was selling into todays rally ;)

S
 
Quote from Wayne Gibbous:

Here's what all those fake PnL posters need to REALLY make money! :p


<img src="http://us.a2.yimg.com/us.yimg.com/a/tr/trendfund/300x250_tttw_afraid_442_septdc.jpg"/>


Waxieeeee ROOOLS!!! :D


Hey! how come the buttons not working?

Quick post the link before everyone on ET signs up.:D
 
I dont know whats more sad, that NYSEKILLER posted fake blotters or that NYSEKILER is posting/defending on his behalf now.

By the way, NYSEKILER you mentioned SPXDES will back you up. I know Spxdes personally, I am his mentor and he sits behind me and he has no clue who you are. Usually you have to actually know the person before saying they will have your back.



Quote from nysekiler:

I am not a fraud Spxdes can back me up on this one
 
Quote from appleseed:

They say 95% of traders who paper trade are successful :D :D


Impressive percentage. Everybody should paper trade. It's good for your EGO!

Just don't post your paper trade numbers here on ET. :p
 
Quote from DannoXYZ:

I agree. I doubt posting your account totals, the real P&L, will in any way hinder your future results. Even listing the trades after-the-fact won't give away anything about your strategies and tactics.


Completely untrue. If you know when I entered a trade, you know half of the strategy, if you know when I exited, you know the other half.

Show me a sample of 30 trades(different stocks, or same stock different day) from any successful trader, both winners and losers, and I will have a good idea of the strategy they are using.
Then it's just a matter of creating a model and fine tuning the strategy.

However, 99% of the people on this board will derive no value from that information.
 
As for this guy, Nysekiller, it's not so hard to believe he created a fraud. Some people have a need for significance, to feel important. Others have a need to be right. They balance each other out, and eventually, the truth comes out, it always does.

As for his hoax, Is it really that big of a deal? Does anyone really take trading advice from anyone on here? Did anyone really pin their hopes and dreams on that cinderella story and now you are completely discouraged?

The reality is, there are many great traders on ET who post in that thread on a regular basis and some who don't post all to often. There are even a couple of super stars. My suggestion, is that you focus on their results, read there posts, study their thoughts about trading, use them as your model of success.
 
I don't know who this Nysekiller guy is, but if he's some poor soul looking for attention he has achieved his goal. Better than 50% of this thread is dedicated to him alone.
 
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