I have a system that averages 8-10% profit a month. I would like to raise money and trade professionally with it.
What do you think? What should I do with my system?
What do you think? What should I do with my system?
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What should I do with my system?
- Thread starter retaildaytrader
- Start date
collective 2 if it's legit.
Quote from retaildaytrader:
I have a system that averages 8-10% profit a month. I would like to raise money and trade professionally with it.
What do you think? What should I do with my system?
I think it's BS. Taking the lower end of your range, i.e., 8% per month, works out to an annual rate of 152% per year. See http://www.stoozing.com/mon2yr.htm and put in your figures. If you had only $10,000 to trade, in five years at 152% per year, your starting $10,000 would have turned into several million. Trade it yourself if it does what you say it does.
The million dollar question.
Has this system been tested on a live acct ? and if so, show us the acct activity summary of your trades. This way we all can be sure you arent full of sh*t.
Has this system been tested on a live acct ? and if so, show us the acct activity summary of your trades. This way we all can be sure you arent full of sh*t.
Quote from southbeach4me:
The million dollar question.
Has this system been tested on a live acct ? and if so, show us the acct activity summary of your trades. This way we all can be sure you arent full of sh*t.
** How much you wanna bet he won't show anything to prove his system works in real time with with real acct.
Quote from southbeach4me:
** How much you wanna bet he won't show anything to prove his system works in real time with with real acct.
He was asking for your twenty bucks donation to keep him alive. Or that he had to go find a job.
Does it look like he has a 8% a month system?
http://www.elitetrader.com/vb/showthread.php?s=&threadid=186896&perpage=6&pagenumber=1
And he said Dow will hit 20,000 in two years (from Dec 2009).
This is from the OP:
Can you tell if his 8% per month system is real or fake? If you can't tell if it is real or fake, you are just an idiot that he described.
Quote from retaildaytrader:
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However, you guys still believe its a real video and continue posting seriously as if you were convinced. It just goes to show you that most people on these sites are simply suckers who cant seem to tell the difference between whats real or fake.
.....
You guys are a bunch of idiots and some brokerage lets you trade? I guess the brokerage needs fees too so I cant blame them. I would run a brokerage too if I could knowing there are this many idiots in the world willing to fall for such crap.
Can you tell if his 8% per month system is real or fake? If you can't tell if it is real or fake, you are just an idiot that he described.