True Legendary Trading Stories

FXCM King of the Micro contest ,performed with downloading version of FXCM platform, (Web version possible ,but need initial capital more 2000 $) ,most of top performer's with start capital to start of the month in region 500-700% ,top performer with 1296 .08$ have made 166226.28 $ in one month + 25000 $
price money

Corrected list of top performers with results from march 2009 (41 contest months ,each month 5000 contestants ,for 41 month -more as 200 000 attempt's ,70% of all contestants performed loss
to end of the month )

http://www.elitetrader.com/vb/showthread.php?threadid=247149&perpage=6&pagenumber=3

first place

1.october 2011 -12725 % canada A.e 1296.08$-166226.28$

Trading report

http://media.dailyfx.com/sales/micro/kom_docs/OCT2011/octtradereport1st.pdf

2.may 2010 - 3109 % poland A.e. 532.32 $ -17087.65$
3.dec 2009 -2931.95% china A.e. 725.24 $-21989$
4. sen.2010 -2860.58% canada A.e. 546.74$ -16186.95$
5. dec 2011 -2464.12% china A.e. 507.97$-13024$
6. maj 2011 -2116 % china A.e. 523.38$-11600.14 $
7. march 2009 -1951 % hk A.e. 961.10$-19714.24$
8.februar 2012-1918.36% china A.e. 13928$-281128$

Contest result calculated from 1 of each month
1 februar this contestant have had 13928 $ ,but 16 januar
he have had only 4342 $

started contest month with a.e. =13928 $ ,balanse =4342 $
(open position in start )

if was not another position from 16 januar (opened position gbp/jpy ,which closed in februar and reflected in februar report) until 31 januar
than perfomance from 16 januar until 29 februar

(281128.03 /4342) = 64.7462 time's or 6374,62%

Trading report

http://media.dailyfx.com/sales/micro/kom_docs/FEB2012/febtradereport1st.pdf
 
http://minervini.com/bio.php

Mark Minervini is one of America's most successful stock traders; a veteran of Wall Street for nearly 30 years. To demonstrate the capabilities of his SEPA® methodology, in 1997, Minervini put up $250,000 of his own money and entered the U.S. Investing Championship. Trading against stock, futures and options traders, he traded a long only stock portfolio to win the real-money investment derby with a 155% annual return, a performance that was nearly double the next nearest competing money manager.

Minervini is featured in Jack Schwager's Stock Market Wizards; Conversations with America's Top Stock Traders. Schwager wrote: "Minervini's performance has been nothing short of astounding. Most traders and money managers would be delighted to have Minervini's worst year – a 128 percent gain – as their best."

Using his SEPA® trading strategy, in a five-and-a-half-year period Minervini generated a 220 percent average annual return with only one losing quarter. To put that in perspective, a $100,000 account would explode to over $30 million with those returns.

http://minervini.com/

http://markminerviniblog.blogspot.de/


Schwager promouted person Mark D. Cook

http://www.markdcook.com/
 
Exist multiple 100 VP by Goldman Sachs( 28-32years old .)

Average salary with bonus - approx 1.5 mln $ p.a.

Senior Partner by Goldman Sachs ( approx 35-40 years old )-

salary + bonus -approx 1.5 mln $
 
FXCM King of the Micro contest ,performed with downloading version of FXCM platform, (Web version possible ,but need initial capital more 2000 $) ,most of top performer's with start capital to start of the month in region 500-700% ,top performer with 1296 .08$ have made 166226.28 $ in one month + 25000 $
price money

Corrected list of top performers with results from march 2009 (41 contest months ,each month 5000 contestants ,for 41 month -more as 200 000 attempt's ,70% of all contestants performed loss
to end of the month )

http://www.elitetrader.com/vb/showthread.php?threadid=247149&perpage=6&pagenumber=3


first place

1.october 2011 -12725 % canada A.e 1296.08$-166226.28$

Trading report
http://media.dailyfx.com/sales/micro/kom_docs/OCT2011/octtradereport1st.pdf

More as 90% of the profit from one great(more as 1000 pips) operation AUDUSD with with multiple averaging up

2.may 2010 - 3109 % poland A.e. 532.32 $ -17087.65$
3.dec 2009 -2931.95% china A.e. 725.24 $-21989$
4. sen.2010 -2860.58% canada A.e. 546.74$ -16186.95$
5. dec 2011 -2464.12% china A.e. 507.97$-13024$
6. maj 2011 -2116 % china A.e. 523.38$-11600.14 $
7. march 2009 -1951 % hk A.e. 961.10$-19714.24$
8.februar 2012-1918.36% china A.e. 13928$-281128$
---------------------------------------------------------------------
Contest result calculated from 1 of each month
1 februar this contestant have had 13928 $ ,but 16 januar
he have had only 4342 $

Most of the profit from great movement(1150 pips) of GBP/JPY
with averaging up with GBP/USD and US/JPY

started contest month with a.e. =13928 $ ,balanse =4342 $
(open position in start )

if was not another position from 16 januar (opened position gbp/jpy ,which closed in februar and reflected in februar report) until 31 januar
than perfomance from 16 januar until 29 februar

(281128.03 /4342) = 64.7462 time's or 6374,62%

Trading report
http://media.dailyfx.com/sales/micro/kom_docs/FEB2012/febtradereport1st.pdf
############

Trading reports from contest winners from 2010 untill 2012
That are most(not all ) reports from 41 contests month's,
each month approx 5000 contestants (more as 200 000 attempts)
70% loss money to end of the month

http://www.dailyfx.com/forex_forum/king-micro-trading-contest/485819-contest-winner-archive.html
 
Not a trading story, but an investing one.

When I was a little kid one of my neighbor's friends dad sadly passed away. He inherited a part of his patrimony, this was around the 80s, and in part of that patrimony there were thousand of shares of AAPL, IBM, and MSFT.

To this day he has kept the portfolio of his beloved father.
 
For inital capital in range 50 000 - 100 000 $ ,but retail ...
(not taked spread )


Mark Cook winning 1992 U.S. Investment Championchip
with 563.8% return p.a.

http://www.markdcook.com

That is multiple time's lower return as by EPT and WSOP
super high roller
 
http://minervini.com


Mark Minervini is one of America's most successful stock traders; a veteran of Wall Street for nearly 30 years. To demonstrate the capabilities of his SEPA® methodology, in 1997, Minervini put up $250,000 of his own money and entered the U.S. Investing Championship. Trading against stock, futures and options traders, he traded a long only stock portfolio to win the real-money investment derby with a 155% annual return, a performance that was nearly double the next nearest competing money manager.

Minervini is featured in Jack Schwager's Stock Market Wizards; Conversations with America's Top Stock Traders. Schwager wrote: "Minervini's performance has been nothing short of astounding. Most traders and money managers would be delighted to have Minervini's worst year – a 128 percent gain – as their best."

Using his SEPA® trading strategy, in a five-and-a-half-year period Minervini generated a 220 percent average annual return with only one losing quarter. To put that in perspective, a $100,000 account would explode to over $30 million with those returns.

http://minervini.com/bio.php
 
The Origin of a Superior Strategy

In 1983, while visiting a local library, Mark Minervini read Richard Love's book Superperformance Stocks. While a good portion of the work was written on how the political cycle relates to the stock market, Minervini was intrigued by Chapter 7, which focused on the commonalities of big stock price performers. Love's studies from 1962 to 1976 focused on the common characteristics of stocks that went up a minimum of 300% within a two-year period without as much as a 25% correction; he called them Superperformance Stocks.

Although Love's approach caught Minervini's attention, it wasn't until 1988 that the formulation of his own strategy took flight. He read an interesting article in the March/April 1988 issue of Financial Analyst Journal titled "The Anatomy of a Stock Market Winner." The article discussed the findings from a study of superior securities—stocks that went up a minimum of 100% in a calendar year. The author, Mark R. Reinganum, had explored 222 stock market winners from 1970 to 1983 to determine what contributed to their superior performance.

Interestingly, the Reinganum study corroborated Love's findings. Furthermore, the purpose of both studies was almost identical: focusing on the characteristics of stocks that had made the biggest gains to identify the cause of stellar performance. The concept made intuitive sense to Minervini: study the best to find the best. This set Minervini on a course to learn what makes a stock move up dramatically in price to join the elite circle of Superperformers, and it ultimately became his life's work. And so, Mark Minervini turned on his computers and the rest is history.


Specific Entry Point Analysis® -SEPA®

Specific Entry Point Analysis® -SEPA® is a highly disciplined stock trading strategy developed by Mark Minervini. The methodology's foundation is built upon historical precedent analysis of past stock market "Superperformers."

The SEPA® strategy focuses on identifying, company-by-company, the precursors of inefficient pricing in order to distinguish appropriate low risk/high reward entry points. Utilizing SEPA®, stocks displaying the potential for significant price appreciation are identified and pinpointed. This proven technology consistently highlights many of the best investment ideas and stock market leaders before they're widely recognized by Wall Street.

• To demonstrate the effectiveness of his SEPA® methodology, in 1997, trading against hundreds of stock, options and futures traders, Mark Minervini traded a stock only account to win the U.S. Investing Championship with a 155% annual return.

• Using the SEPA® trading strategy, in a five-and-a-half-year period Minervini generated a 220 percent average annual return (36,000% compounded total return) with only one losing quarter. To put that in perspective, a $100,000 account would explode to over $30 million with those returns.


The Earnings Maturation Cycle

A company that delivers strong earnings prompts upward revisions of analysts' estimates and brokerage upgrades. More upbeat analysis can lead to more buying. As the stock's price rises fueled by the prospects of improving fundamentals, additional quantitative models kick in and price momentum players start to buy the stock on the basis of a strong price trend.

At some point, the growth becomes obvious and essentially everybody knows about it. The stock is officially termed a growth stock. The smart money that got in early is getting out with a hefty profit, and naive investors step in to buy what they've been reading about in the financial pages or hearing about on TV. Then the momentum stalls. What follows is the loss of EPS momentum, an eventual negative earnings surprise, and downward revisions, all of which puts considerable pressure on the stock price. This earnings maturation cycle happens time and time again, market cycle after market cycle.

The key is to understand where you are in the cycle and take advantage of its effect. The SEPA® strategy focusses on stocks in Stage 2 of the earnings maturation cycle. The result is a much higher likelihood of owning the next Superperformer than investing in any of the other stages of the cycle.

http://minervini.com/sepa.php
 
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