Quote from marketsurfer:
Whoa, I expected you to be able to take much more heat than a little poke...
With that said, I still can't figure out exactly what you guys offer-- is it correct to say mercenary is a referral agency connecting traders with fund type resources? surf
I can take plenty of heat and I'm happy to josh and joke in a genuine spirit of camaraderie.
I'm just getting bored with the banal, go nowhere nature of our interactions -- which tend to lean toward blatant attention seeking on your part -- and I suspect others who come here for the thread's purpose (the trading wisdom excerpts) are growing weary of it too.
As for your question on Mercenary, that aspect of the business model is more a friendly gesture, designed to facilitate connections and help out fellow traders, than anything else. The revenue generating aspects are minor.
I only answer your question for the sake of others who might benefit from the answer, as I doubt you ask with any other intention than drawing more spotlight on yourself and causing more trouble. (And stop with the faux innocence bullshit, nobody is that gullible.)
As far as Mercenary goes we are traders who eat large helpings of our own cooking, and as natural communicators we have found a synergy in the rigor and discipline of communicating views and sharing research we were doing for ourselves anyway. We have already made some excellent contacts on a global level that would have come about no other way -- including upcoming fund managers and potential investors in Europe, Australia and Asia -- who we otherwise would never have come across. The relationship we have cultivated with our good friend Peter Brandt is a shining example of why Mercenary Trader came into being in the first place.
We are traders, pursuing long-held trading goals: Everything else grew organically from that as a natural extension of synergy and logical cash flow generation to stabilize the ups and downs of trading returns and OPM returns (thus lending the ability to be both perfectly aggressive and perfectly zen in our money management decisions, unconstrained by the need to pay bills out of trading capital -- as such we can better pursue excellent opportunities as we see fit, and also sit tight or trade small in the absence of such opportunity as we see fit).
Again, I don't really answer this question for you, because I don't think you asked for any reason other than to instigate. Your insinuation that I don't understand the difference between good-natured ribbing and trolling is further evidence of bad analysis (read: dumbness) on your part that backfires in your ham-fisted attempts to apply it. You are a troll, or at least actively play the role of one here, and protestations to the contrary fool no one (or at least fool very vew).
You have worn out your welcome with me, Surf -- something that happens via repeated instances of acting in bad faith -- and while I can't keep you from posting here I'd like to think you would give the courtesy of not polluting someone's thread when they ask (particularly if it is the thread originator doing the asking).
I would certainly extend the same courtesy to you, and guarantee I will never show up trying to get attention by asking lamely loaded questions or posting snark in your market call journals or whatever it is you do.
p.s. If the final paragraphs are too subtle, here's the short and sweet version: Fuck off.