you can all laught at me- I BLEW UP

Quote from Joab:

Sorry about your luck brother but we've ALL been there and those that say they haven't are either lying or they will be there soon enough.

I always say: Were all just one trade away from blowing our account.

The greatest traders in the world did it at one time or another,so why should we be different!

Follow your heart and do the right thing,.

Amen!
 
ztrader,

are those trades based on the same strategy that you posted in the pdf file? It seems you made a lot of trades on the 29th and 30th compared to the monthly average number of trades posted in that file.
 
Quote from tatsimon:

ztrader,

are those trades based on the same strategy that you posted in the pdf file? It seems you made a lot of trades on the 29th and 30th compared to the monthly average number of trades posted in that file.

No. The real time trades which I posted are a single strategy. The pdf file is a portfolio of strategies.
 
Quote from ZTrader888:


So the jerk who just posted will now come back and tell us that it's fake.

See, you really don't know me. I'd never make baseless & unproven accusations. I'm assuming the numbers you posted are <i>most likely</i> fake, but how can I be 100% sure?
I've never met a trader who thinks like a piker and trades like a pro... but like the Black Swan, I can't say for certain that none exist.

To make low 7-figures over the past 4 years is pretty impressive.
I happened to have made low 7-figures over the past <b>month</b> (Aug '07), but if your numbers are real, I'd still be impressed.

ZTrader, In case no one has told you yet, I posted my daily numbers every day for a few weeks during the high-VIX market previous to the current one (June '06), in this thread:

http://www.elitetrader.com/vb/showt...514&perpage=10&highlight=sluts&pagenumber=164
 
I have lots of optimized backtested strategies that look just like that.

Quote from ZTrader888:

And I suppose you are?? What a joke. Okay, let's compare performance. Here's mine:
 
Quote from jsmith:

I have lots of optimized backtested strategies that look just like that.

Who doesn't? :p

And now, let's play 'who can spot the inconsistencies?':

(See thread for the relevant PDF files)
http://www.elitetrader.com/vb/showthread.php?s=&threadid=98504&perpage=10&pagenumber=3

Quote from ZTrader888:

Here's my portfolio for about four years. About 180K/yr average.

Quote from ZTrader888:

Eight years backtest, up to date report. Again, can you match the performance, dumbass??

Quote from ZTrader888:

Two years of live trading this particular portfolio. Slippage was actually better than in backtested reports.

Again, where's your performance? In the toilet, methinks.
 
http://www.elitetrader.com/vb/showthread.php?s=&postid=1040259#post1040259

Quote from ZTrader888:

I do trade the strategies myself, but not as a portfolio. I use the worst case scenario after a Monte Carlo simulation which is different than the portfolio drawdown. I've done well trading these strategies but just had a crazy idea that perhaps working for a firm would allow me to increase my capital faster.
Anyway, thanks for the input.

A millionaire who trades max 20 contracts at once... yet is looking to get more buying power by joining a prop firm? Fishy fishy...

And now to put a final nail in this coffin:

Quote from ZTrader888:

I have a portfolio of five systems for the ER2 and ES which has a very solid equity curve and return on capital. I'm a developer and don't have a lot of dough. Are there any prop firms who would consider someone who trades systems only? The systems are in EL so they are easy to test.
Thanks for any opinions or help.

http://www.elitetrader.com/vb/showthread.php?s=&postid=1040228#post1040228

Don't have a lot of dough? What about that million dollars you just made? :D :p :eek:

***Another bullshitter busted by RM***
 
Quote from Rearden Metal:

Don't have a lot of dough? What about that million dollars you just made? :D :p :eek:

***Another bullshitter busted by RM***

Wow, now that's impressive. Didn't even take you very long this time. You really should work for the CIA. You could prob find Bin Laden in about 20 minutes. Lord knows someone should probably be looking for him.
 
Wow, that was one helluva fist fight, short and sweet! :p

Damn, but you shouldn't picked a fight with one of the top 3 all time posters in the PnL thread ZTrader888. But hey, you know man, live and learn ain't noth'in wrong with that.
***
Now, back to our regularly scheduled program, NYHood you need to tell us what your new game plan is going to be, before you decided to step into the fray again. Not the specifics (not that anyone here would want them to be honest with ya), but there has to be a change, otherwise, all this pain would've been for nothing.

Something needs to change, you need to tell us what that change is going to be, and you need to do it. Traders can pursue their economic destiny if they have the discipline, will and drive to do so.

Do you?

Jimmy Jam
 
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