For some it can take years to reach consistent profitability. How was the learning process for you; was it painful and costly or relatively quick and easy?
Maybe you should use the Private Thread feature and post it here when complete. Now that this thread has gone on a serious-bent.
Private would mean no interjectory, which in small doses adds to the fun (IMO). pattayatrader seems like the real deal as far as I can tell, so it would be a pleasure to continue either way. I'll let him decide. If we go private it could be weeks before it's ready as I have some pressing physical world stuff. I'm not a writer or interviewer so could be a complete flop on my part. I started an interview with marketsurfer privately. We halted it but may get it going again. His story = Hollywood blockbuster!
well, at least a children's book on what not to do in the market--- Jtrades asks some great questions---
Credit where credit's due. We went way beyond favorite color. His shape to hole success ratio is a whopping 80%!
Thought I would add some value here while await the interviews from ET traders---- Trying to keep this thread alive--- Here's another interview I dug up from over a decade ago with the legendary Jim Rogers. The guy was kind enough to chat with me but conducted the interview while running on his treadmill in his NYC Brownstone. He was a super nice guy, but quite unusual at the same time---- enjoy! This week I was honored to be joined by a true icon in the world of finance, Jim Rogers.Jim started with humble beginnings and became one of the top money managers of all time. He is an inspiration to people the world over who yearn for adventure and celebrate the human spirit. This article will start out by providing Jim’s background, his basic investing philosophy and then delve deeper into his mind via our conversation. It’s important to note that he stressed that he is not a trader, but rather believes in waiting patiently until the perfect time to buy or sell appears. He states that most people need to be playing all the time; this is their downfall according to him. He also believes that his flexibility to buy anything around the world is the other key to success. Jim started in the markets in 1968 with just $600.00. In 1973, he was fortunate enough to meet George Soros with whom he started the Quantum Fund. Jim was the analyst at the fund with George being the trader. This partnership proved to be a super success with gains approaching 4000% while the SP 500 gained a measly 50%. Jim was able to retire at age 37 to follow his passion for adventure and investments. His first worldwide adventure involved riding a BMW motorcycle 100,000 miles across 6 continents. This trip is chronicled in the book “Investment Bikerâ€. In 1999, he began the “Millennium Adventure†where he and his fiancée, Paige (now wife) drove around the world in a custom built Mercedes convertible. Jim documented every stage of this journey on his website www.jimrogers.com and book “Adventure Capitalistâ€. His passion for investing has led to the creation of “The Rogers International Commodities Index†and matching fund. This fund has had the best performance record of any fund, regardless of class, over the last several years with returns approaching 170 %. His latest book “Hot Commodities†focuses on the coming monster bull market in commodities. He believes that the time is perfect to go long the commodities we use daily. Things like sugar, cotton, corn and oil are poised to follow thru or begin a bull market that should last for the next 10-20 years. Let’s get started with the interview! Hi my name is Dave, I am executive producer of Real World Trading and I am privileged to be joined today with Jim Rogers, commodity trader and world adventurer. How are you today Jim? Jim: Doing just fine. Dave: First I want to start by getting a little of your history. I know you started at five years old selling peanuts. Jim: I did in fact. I grew up in a small town in Alabama. There wasn’t much money there, so we all started working pretty early. I worked for a concession in the small town. Later I got the concession, sold peanuts and soft drinks. That was my first venture. Dave: Talk about humble beginnings. I know you went to Yale, and then hooked up with George Soros. Jim: Yes, I went to Yale, was in the army, and then met George Soros in 1970.