Trading Challenge Phoenix vs RCG nov 2012

Lucrum · Dec 1, 2012

Quote from PHOENIX TRADING:

....Honestly your bluster above is in complete contradiction to your lack of follow through.

Who does that anyway? RCG has no idea if he's competing with fellow pikers or 800 lb gorillas. He's like the guy standing toe to toe with another guy shouting obscenities threats and predictions of winning. Just before the other rips his fucking lungs out. As if all the bluster somehow guarantees his success.

PHOENIX TRADING · Dec 1, 2012

Quote from Lucrum:

1)Who does that anyway? 2)RCG has no idea if he's competing with fellow pikers or 800 lb gorillas. He's like the guy standing toe to toe with another guy shouting obscenities threats and predictions of winning. Just before the other rips his fucking lungs out. As if all the bluster somehow guarantees his success.

1) people who have no intention of following up and fools.

I predict it's going to take another week of incessant shaming to get him to post an equity snap shot for accurate returns calculations.

this is telling:

Quote from RCG Trader:

Not really, if you are actually trading 500k, I will run circles around you as I have a smaller account.

I am just telling you as an actual trader, are you sure you want to use that metric?

I can easily double 100 bucks, can you easily double half a million?

Think speed boat vs. oil tanker.

Do you see the flaw?

Think of a better metric. It is for your own good, and I will only do this good Samaritan thing once.

I imagine rcg is trying to figure out if having 10-15, accounts funded at 100$ is going to be his strategy.

You can create up to 19 sub-accounts at OANDA in any of the following currencies:
AUD, CAD, EUR, GBP, HKD, JPY, SGD, CHF, USD

It is easy to create a new sub-account from the fxTrade platform or from the âMy Accountâ webpage.

From the fxTrade platform: click on the âAccountâ menu, then choose âCreate Sub-Account.â
From the âMy Accountâ webpage: please locate the black bar titled âMy Fundsâ and choose âCreate Sub-Account.â
Note: If you wish the sub-account to be enabled for the OANDA MT4 platform please click on âAdvanced Optionsâ while setting up the account and select "Enable this account for use with MetaTrader 4".
http://forextrading.about.com/gi/o.....ip_&tt=6&bt=1&bts=1&zu=http://www.oanda.com/

in response to query "how many subaccounts"

Max E. · Dec 1, 2012

Quote from Lucrum:

Who does that anyway? RCG has no idea if he's competing with fellow pikers or 800 lb gorillas. He's like the guy standing toe to toe with another guy shouting obscenities threats and predictions of winning. Just before the other rips his fucking lungs out. As if all the bluster somehow guarantees his success.

Very fitting description of RCG hes the one with all the bluster and no brains, like this kid in the video.

Lucrum · Dec 1, 2012

Quote from Max E. Pad:

Very fitting description of RCG hes the one with all the bluster and no brains, like this kid in the video.

<iframe src="http://www.ebaumsworld.com/media/embed/81405174" width="567" height="345" frameborder="0"></iframe>

Yeah, that's pretty much RCG all right.

Lucrum · Dec 1, 2012

Quote from PHOENIX TRADING:

I predict it's going to take another week of incessant shaming to get him to post an equity snap shot for accurate returns calculations.

Probably, look how long it took to brow beat him into even starting a journal. And even then his "first day of trading analysis" is on - a Saturday.

LMAO The guy is too fucking stupid to even look at a calendar.

pspr · Dec 1, 2012

I can see RCG's plan. Take a $500 account and just make one $500 trade and if he only reports percentages he will have a 100% return. Certainly PT will not gamble $500K to get a 100% gain. So, game over.

On the other hand, if you only report $ profits, RCG's $500 account will never be able to return a dollar amount to beat a $500K account.

So, you guys need to define some rules for comparison and verification. RCG will never do that because he is a liberal and liberals like to make up the rules as they go along so they can always cheat to win.

Quote from PHOENIX TRADING:

rcg claims

umm I still have not seen you post your starting equity amount.

Honestly your bluster above is in complete contradiction to your lack of follow through.

PHOENIX TRADING · Dec 1, 2012

Quote from Lucrum:

Probably, look how long it took to brow beat him into even starting a journal. And even then his "first day of trading analysis" is on - a Saturday.

LMAO The guy is too fucking stupid to even look at a calendar.

yeah but he doesn't even have an analysis of any sort.

PHOENIX TRADING · Dec 1, 2012

Quote from pspr:

I can see RCG's plan. Take a $500 account and just make one $500 trade and if he only reports percentages he will have a 100% return. 1) Certainly PT will not gamble $500K to get a 100% gain. So, game over.

On the other hand, if you only report $ profits, RCG's $500 account will never be able to return a dollar amount to beat a $500K account.

So, you guys need to define some rules for comparison and verification. RCG will never do that because he is a liberal and liberals like to make up the rules as they go along so they can always cheat to win.

1) I don't have a problem relatively rapidly committing 100% of equity if I see a position/idea I want to take. I'm a position trader not a ( speedy gonzales) day trader

We have agreed to use percent gain of start equity.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=254073&perpage=6&pagenumber=15

Quote from RCG Trader:

I should have put enuf distance between you and I in a months time that it would be moot to continue.

Okie dokie, percent gain it is.

I suspect rcg will divided things up like feeder funds do and cherry pick the best return.
I don't care the challenge is all in fun to me.
If rcg wants to cheat I'm sure he can but he has a way of sticking his foot up his ass on his lies, this case won't be any different.

pspr · Dec 2, 2012

Quote from PHOENIX TRADING:

We have agreed to use percent gain of start equity.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=254073&perpage=6&pagenumber=15

I would think that is going to put you at a disadvantage unless RCG blows up. If you are trading the same vehicle, you should both start with an account of the same size. But, like you say, it is just for fun and to watch RCG squirm and lie.

377OHMS · Dec 2, 2012

Quote from pspr:

I would think that is going to put you at a disadvantage unless RCG blows up. If you are trading the same vehicle, you should both start with an account of the same size. But, like you say, it is just for fun and to watch RCG squirm and lie.

It should be measured in "pips profit", something normalized like that.

But the discussion is academic because RCG is going to fabricate his trades.