[diablo272]

"Is this thread all sim? Is it pretend? It's funny how barely anyone has a win/loss percent of anything less than 70-80%.

20 out of 21 profitable days? 37 winning trades in a row? I am embarrassed for you if these are supposed to represent real trades.

If you guys are posting this rubbish to solicit traders for your business or something, I am sure you are in violation of CFTC, FinRE rules on communicating with the public."

http://www.traderslaboratory.com/for...html#post73344

If that isn't your first post in this thread then I apologize in advance.

[MightyMouse]

Originally Posted by diablo272 »

"Is this thread all sim? Is it pretend? It's funny how barely anyone has a win/loss percent of anything less than 70-80%.

20 out of 21 profitable days? 37 winning trades in a row? I am embarrassed for you if these are supposed to represent real trades.

If you guys are posting this rubbish to solicit traders for your business or something, I am sure you are in violation of CFTC, FinRE rules on communicating with the public."

http://www.traderslaboratory.com/for...html#post73344

If that isn't your first post in this thread then I apologize in advance.

If my firmly stating the preposterous is disrespectful, then you are right, I am disrespectful. Forgive me, but I found it difficult at the time to believe that this thread has traders that are better than the best traders in the world. But, because of an incredible change of events, I now believe, unequivocally, that the best traders in the world are on this thread. So, I will keep quiet and learn from those traders who are better than I and will no longer try to offer a balanced view to newer traders because I am just a breakeven trader and only the opinions of the guys who post the spectacular blotters are what matter. I think I got it now.

[diablo272]

Just wondering, how do you know who the best traders in the world are, and how do you know how much they make?

[sevensa]

Originally Posted by MightyMouse »

I guess if you really try, you can deduce that. Or, it could be that I simply wanted to offer newer traders a balanced view on the topic of whether they should trade 1 market or multiple markets.

Being that I stated, honestly, that I am not making money, it was used against me in a condescending manner. So, being honest did not pay off for me and my statements were discredited because they directly opposed the authors and he felt the need to discredit me in any way he could just to remain right.

So, if someone is willing to discredit me, because they are more experienced and a better trader than I, they should certainly be willing to back it up. If they are not willing to back it up, they really shouldn’t bring it up in a conversation since all they have are after-the- fact blotters that do not prove much. I can generate those all day long.

Once again, I wanted to offer newer guys friendly advice to help them one day preserve capital when they went live because what was being presented is dangerous for newer traders.

You are missing the point. No one is using you being a breakeven as condescenting. The fact is that by following your own advice you are a breakeven trader, but yet you want to tell other people that they should do what you do and believe. Why do you think your advice is of any value and going to help anyone when this is not even helping yourself? This is like me saying, hey guys, I cannot break 100 in golf, but if you do exactly as I do and ignore the advice the PGA pro gave you, then you will play better golf.

You can tell yourself all day long that breakeven is good and better than most. Breakeven trading does not pay the bills.

You mainly come over as bitter and sour that other people are successful when you are not. "Proving" that you are a breakeven or losing trader, will not prove anything or give you any credibility. Anyone can put on losing trades by entering a couple of random trades.

[MightyMouse]

Originally Posted by diablo272 »

Just wondering, how do you know who the best traders in the world are, and how do you know how much they make?

It's all available on the web it is not my opinion Real interviews with real traders not sites designed to BS you into thinking they have the Holy Grail. Most traders drool to earn 20% per year, given a sane level of risk. There are the freaks of nature that will have an incredible streak and produce incredible results for a long period of time and we are fortunate that we have some of those freaks right here on this thread to learn from. I do hope that this is not going to turn into debate about rates of return and I will concede beforehand that I know nothing because I am breakeven and don’t know as much as others on this thread that post spectacular blotters.

[diablo272]

Originally Posted by MightyMouse »

It's all available on the web it is not my opinion Real interviews with real traders not sites designed to BS you into thinking they have the Holy Grail. Most traders drool to earn 20% per year, given a sane level of risk. There are the freaks of nature that will have an incredible streak and produce incredible results for a long period of time and we are fortunate that we have some of those freaks right here on this thread to learn from. I do hope that this is not going to turn into debate about rates of return and I will concede beforehand that I know nothing because I am breakeven and don’t know as much as others on this thread that post spectacular blotters.

But how do you know that they're the best traders in the world? and what gives those traders more credibility than the ones in this thread?

[MightyMouse]

[QUOTE=sevensa;77001]You are missing the point. No one is using you being a breakeven as condescenting. The fact is that by following your own advice you are a breakeven trader, but yet you want to tell other people that they should do what you do and believe. Why do you think your advice is of any value and going to help anyone when this is not even helping yourself? This is like me saying, hey guys, I cannot break 100 in golf, but if you do exactly as I do and ignore the advice the PGA pro gave you, then you will play better golf.

You can tell yourself all day long that breakeven is good and better than most. Breakeven trading does not pay the bills.

You mainly come over as bitter and sour that other people are successful when you are not. "Proving" that you are a breakeven or losing trader, will not prove anything or give you any credibility. Anyone can put on losing trades by entering a couple of random trades.[/QUOTE

If someone suggests that they should know something more than you because of their credentials, do you want to question their credentials? I mean if they post week in and week out great results then shouldn’t they be able to produce those live? I mean what would be the difference between showing someone that they can really produce those blotters live and posting them after the fact? Can you guess why no one will do this? I know. No one has anything to prove. But if you have nothing to prove, then you really shouldn’t suggest that you know something more than someone else because you are “experienced” if you really do not want to prove that you are a better trader.

[MightyMouse]

Originally Posted by diablo272 »

But how do you know that they're the best traders in the world? and what gives those traders more credibility than the ones in this thread?

These are top traders at hedge funds, commecial banks, investment banks.
Read market wizards. The author has about 20 top traders there.