Trading Experience

[sle]

Why would I want that, however that is the point, unless people have accredited work experience at an institution, or they have accredited exams, then it is self-certified and completely worthless. So far I'm not seeing anyone with either, and I know where to look because I have both.

There are several forum members that are PMs at large funds. There are some people who are currently employed at more junior positions within the financial industry. There are also plenty of people that are not working in the industry but have insights that are very valuable. There also a lot of people here who might not have valuable insights but are a lot of fun to interact with.

In general, when I hear someone boasting of his institutional experience (such as yourself), I’d expect to find some depth in the content they’ve contributed.

PS. I am “the artist formerly known as”, as some people have guessed by my writing style

 

[TDMA]

Not sure why anyone would care about this stuff. You didn't provide a reason. Unless it's from a failed trader. On this forum, I don't give a fuck what other people do. Like I said in another post, their failure/success does not mean my own. As far as I'm concerned, everyone on this site are 95% loser until proven otherwise.

Well that's not a very educated response, the failed trader part is amusing none the less. Everyone is bestowing the wonders of their knowledge, yet where is the validation that they actually have even the faintest idea what they are talking about, so far I see a lot of talk, a lot of advice, and 'advanced' forum members posting recommendations such as 'high leverage' which would cause anyone following it to lose their shirt.

I am not.

Why do you ask?

Yes but you're honest, so that means it's highly likely you know what you are doing.

If this forum had "job opportunity" listings or listing thru a 3rd party job listing site along with traders using their real names in their forum profiles...

Members would disclose such private info about themself.

Yet, someone that trades their own capital and obviously not seeking employment at some financial institution (public or private) its not worthless. Just may be worthless to the person asking such questions in hopes someone will disclose such info.

Regardless, lots of 3rd party sites that those you seek are using but those sites are not orientated as a "forum". Thus, they are more professional is their listing of such information.

Simply, I've met a few here that do have professional backgrounds but they are not hear to share that info. Instead, they have already posted their info at professional (business) social networking sites that have an interest in new opportunities to grow their careers.

Seriously, this is arguably the number one "trader forum" and there was a post a few years back that someone ask members to share their professional backgrounds, business associations and such...it only generated 5 replies while having hundres of views.

Best you use a social network site specifically dedicated for its users disclosing, sharing that type of info considering you stated you already know where to go elsewhere to find such type of info.

Those sites are much better at protecting your privacy and you the odds are high that those viewing your background info may be interested in helping you to advance your career. In contrast, sites like Elitetrader.com may be a nightmare for HR departments while some businesses may have rules in place that specifically tell employees not to be sharing any info about what they do at forums like this.

wrbtrader

The reason is that once you go through peoples post histories you find the anomalies, however they usually have the larger voice. It's evolution from the IB thread, from what I am seeing it is a lot of posting for material gain or obfuscation or lack knowledge drowning out factually relevant information. I have no interest on an individual level, however I have a unique skill that allows me to find material discrepancies with minor information, everyone is hiding everything so perfectly that anyone new has less than no chance. I'm about "share the love", this Tuscan air must be doing something, I'm having a hippie moment!

What I am seeing, and this is happening with rental cars, apartment leasing, hotels, supermarkets, especially public forums, even Monaco which I never suspected would succumb, there is an indirect (and sometimes direct) level of collusion to keep the party going at any cost. And no one appears to have a clue what is going on, I have procedures in place to block that nonsense, the stories are racking up by the day, today was the rental car company trying to block €1,000 in my account without authorisation.

If there is no accreditation, there is no liability to not do any of this.

 

[jinxu]

Well that's not a very educated response, the failed trader part is amusing none the less. Everyone is bestowing the wonders of their knowledge, yet where is the validation that they actually have even the faintest idea what they are talking about, so far I see a lot of talk, a lot of advice, and 'advanced' forum members posting recommendations such as 'high leverage' which would cause anyone following it to lose their shirt.

It's really up to user to figure out the good from the bad. And what is this "knowledge" you speak of? When I write something it's never directly related to how I trade. Others here are the same way. Jokes are on the posters that think otherwise. Hehe.

 

[jinxu]

PS. I am “the artist formerly known as”, as some people have guessed by my writing style

My guess is Satan's Helper?

 

[wrbtrader]

...If there is no accreditation, there is no liability to not do any of this.

It was useful, beneficial to share your "accreditation" background 10 - 30 years ago.

Yet, in today's social networking problems involving privacy...not a smart thing to do and the info can be used against you that impacts your personally or professionally. Therefore, its best to share that info at professional websites setup for such.

Regardless, as you stated...you sniff through the post history of some members while having procedures in place to block the other posts that are nonsense. Best to stick to what you're already doing instead of asking members to publicly share their professional backgrounds while most are concerned with their privacy and others not allowed. Simply, don't leave an online paper trail about yourself except at those professional business social networking sites...

Even then, gotta still be careful because months or years from now you may be doing something that you don't won't your online paper trail to be linked to you today.

P.S. If you're in reference to someone sharing their "opinions" about trading...don't get caught up into that and as others say here...the forum is for entertainment purposes only although some will try to make it "personal" or more professional (business like).

Seriously, check out some of the forum themes...Politics, Movies & Music, Chit Chat...this forum is attracting lots of different people that really are not interested in sharing any useful trading info with you. There's been times here with members wanting to setup a "dating thread" or "soft porn thread".

Therefore, don't take it personal...gotta have a thick skin or thick skull here. In contrast to what you stated that Everyone is bestowing the wonders of their knowledge...I only see a few here trying to do such while most are not. Thus, your real concerns is about the few and you're really only interested in the professional backgrounds of those few...those you're sniffing through their post history here at the forum.

Thankfully this forum doesn't have any connections (networking) to other websites that are more professional or business like in nature outside their sponsors.

wrbtrader

 

[newwurldmn]

feed the trolls and you will get bitten.

 

[tomorton]

......Yes but you're honest, so that means it's highly likely you know what you are doing.......

Oh my god. I'm quite disarmed.

 

[TDMA]

Out of interest who on these forums are accredited traders.

To be clear, as apparently people are interpreting "who" as in wanting to know individuals, it is gauging how much "advice" in general is generated by "non-accredited" traders. I should have known people interpret these things in a micro way rather than the big picture, income traders vs capital traders, I must learn not to ask complicated questions after wine, and instead break them down in to amuse bouche sized chunks.

It was useful, beneficial to share your "accreditation" background 10 - 30 years ago.

Yet, in today's social networking problems involving privacy...not a smart thing to do and the info can be used against you that impacts your personally or professionally. Therefore, its best to share that info at professional websites setup for such.

Regardless, as you stated...you sniff through the post history of some members while having procedures in place to block the other posts that are nonsense. Best to stick to what you're already doing instead of asking members to publicly share their professional backgrounds while most are concerned with their privacy and others not allowed. Simply, don't leave an online paper trail about yourself except at those professional business social networking sites...

Even then, gotta still be careful because months or years from now you may be doing something that you don't won't your online paper trail to be linked to you today.

P.S. If you're in reference to someone sharing their "opinions" about trading...don't get caught up into that and as others say here...the forum is for entertainment purposes only although some will try to make it "personal" or more professional (business like).

Seriously, check out some of the forum themes...Politics, Chit Chat...this forum is attracting lots of different people that really are not interested in sharing any useful trading info with you.

Therefore, in contrast to what you stated that Everyone is bestowing the wonders of their knowledge...I only see a few here trying to do such while most are not. Thus, your real concerns is about the few and you're really only interested in the professional backgrounds of those few...those you're sniffing through their post history here at the forum.

wrbtrader

I have known for quite some time professional qualifications used correctly are a hindrance as they stop an alternative narrative from being used. So let me provide an example which is always quite easy to refer to, many others are doing the same or worse so is not to single any firm out.

The average retail trader has a 1% chance of success, and at 10,000 hours is around $300k or so of training cost. At TopStepTrader they have a 9% success, but the cost is circa $3, now there is a $24,000 discrepancy. That is filled from the broker kickbacks, training cost failures of the other 91%, and so on.

That information is not publicly available, and likely never will be. People use their experience to gain an advantage generating income, but those who generate capital use their experience in a different way. I was having this conversation with some residents in Moncao while I was there, most do not look below the surface so see them as the same, however the goals are very different.

I can tell you I am in the process of suing my Brother, and he is using that exact same process to try and obfuscate the claim via loss adjusters, lawyers, unethical practices, the problem is if he carries on, I have given him multiple exit opportunities, he will end up losing his entire net worth because I structured it so that I can make a direct claim against his entire estate and his business, he is income, I ace it with capital but you only use those skills when receiving the first shot across the bow. The "sniffing" is factually inaccurate, it's not my fault they were stupid enough to post material discrepancies against their profiles before they decided to change narrative.

It is why all the information you will find is to work yourself into oblivion to get ahead, which generates 100s and 1,000s times more documentation, rather than just wait and perfect your entry and exit timing. The end result technically should be the same, the way you get there is very different. I do appreciate your advice and time spent writing it, however I don't actually need it, there is a specific process required to break down barriers, I'm quite efficient at it and it appears you are also.

And there goes BTC, they do really need to get on with the collapse down to $3k-$5k.

 

[312]

To be clear, as apparently people are interpreting "who" as in wanting to know individuals, it is gauging how much "advice" in general is generated by "non-accredited" traders. I should have known people interpret these things in a micro way rather than the big picture, income traders vs capital traders, I must learn not to ask complicated questions after wine, and instead break them down in to amuse bouche sized chunks.



I have known for quite some time professional qualifications used correctly are a hindrance as they stop an alternative narrative from being used. So let me provide an example which is always quite easy to refer to, many others are doing the same or worse so is not to single any firm out.

The average retail trader has a 1% chance of success, and at 10,000 hours is around $300k or so of training cost. At TopStepTrader they have a 9% success, but the cost is circa $3, now there is a $24,000 discrepancy. That is filled from the broker kickbacks, training cost failures of the other 91%, and so on.

That information is not publicly available, and likely never will be. People use their experience to gain an advantage generating income, but those who generate capital use their experience in a different way. I was having this conversation with some residents in Moncao while I was there, most do not look below the surface so see them as the same, however the goals are very different.

I can tell you I am in the process of suing my Brother, and he is using that exact same process to try and obfuscate the claim via loss adjusters, lawyers, unethical practices, the problem is if he carries on, I have given him multiple exit opportunities, he will end up losing his entire net worth because I structured it so that I can make a direct claim against his entire estate and his business, he is income, I ace it with capital but you only use those skills when receiving the first shot across the bow. The "sniffing" is factually inaccurate, it's not my fault they were stupid enough to post material discrepancies against their profiles before they decided to change narrative.

It is why all the information you will find is to work yourself into oblivion to get ahead, which generates 100s and 1,000s times more documentation, rather than just wait and perfect your entry and exit timing. The end result technically should be the same, the way you get there is very different. I do appreciate your advice and time spent writing it, however I don't actually need it, there is a specific process required to break down barriers, I'm quite efficient at it and it appears you are also.

And there goes BTC, they do really need to get on with the collapse down to $3k-$5k.

Sounds like your brother is not an accredited trader!

 

[comagnum]

Those that are truly 'accredited investors' are the least likely to let strangers an on-line forum know this, the least likely people to be one are typically the person(s) that boast about being one.

99% failure rate? I like those odds, just means there is more $ to scoop up from those that don't treat trading like a business.