Do trading education scammers (99.99% of the "industry") ever feel guilty?

Discussion in 'Educational Resources' started by pursuit, Sep 2, 2017.

  1. tommcginnis

    tommcginnis

    Ehhhh, no.
    Hey, really not trying to pick a fight here, *nor* trying to defend anyone/anything not first supported by evidence ("Evidence!?! Whut's that???")
    But by prior statements, Gotcha, you're not an options trader.
    By the statement above, you think in linear terms.

    There is nothing linear about options.
    *Everything* -- by construction -- is curvilinear.
    And what that means in practice is that holding an option position is like sipping risk from a fire hose: DON'T DO IT unless you're prepared to get wet when things blow right past you.
    And, in the smallest consideration, it IS percentages -- *proportions* -- that matter.
     
    Last edited: Sep 11, 2017
    #161     Sep 11, 2017
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  2. keen3312

    keen3312

    alright mr mentor ! you right ,always right
    f off
    man cut the crap , do this with 100 k account and im promise giving you 1000 $ a month
    just doing it , you said in your website these are suitable for 100 k account
    dont do every year 20 k 10 k and double that we dont want that
     
    #162     Sep 12, 2017
  3. themickey

    themickey

    This thread seems to have attracted a lot of know it all noobs.
    Suggestion to Kim, arguing and attempting to reason with these cocky children is wasting your time.
    Replying to their trollish behaviour will agravate your position.
     
    #163     Sep 12, 2017
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  4. Grantx

    Grantx

    Its all relative. You just cannot get through to some people. Kudos to you for trying though :)
     
    #164     Sep 12, 2017
  5. I know.. When someone tells you that percentage gains don't matter, this when it becomes clear that his only goal is trolling and bashing, not seeking the truth.

    Show me a hater & I'll show you a loser. Every Single Time.
     
    Last edited: Sep 19, 2017
    #165     Sep 12, 2017
    themickey likes this.
  6. Gotcha

    Gotcha

    You're twisting my words. I continually said percentages by themselves are misleading. You need more info than just percentages.

    The truth remains that your 10k account has maybe grown to 18k, in 2015, and this might represent 80%, buts its only 8k in total, so good thing you have your hundreds of subscribers.

    Lets face it, if you were such hot shit with your 80%, you could be running your own fund, collecting not only the incredible fees, but also the healthy profit sharing.
     
    #166     Sep 12, 2017
  7. 1. Percentage gain is the ONLY thing that matters when evaluating performance.

    2. Once again, 10k is just for the purposes of the model portfolio, it can be any number.

    3. Actually we do have a fund. Going to be oversubscribed very quickly. And no, we have no illusions that multi million fund can replicate 80% annual returns. I always made it very clear, and we made it very clear to fund investors. Most investors will be very happy with 20-25%/year.
     
    #167     Sep 12, 2017
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  8. 007Arb

    007Arb

    Warren Buffet like returns and higher than the returns from Bernie Madoff. So an understatement to say * investors * would be happy with 20% to 25% returns.
     
    #168     Sep 12, 2017
  9. Yes - but then again, Warren Buffet managing billions of dollars. We don't expect to manage more than few dozens of millions. And in larger accounts it is obviously much more difficult to get big returns. Matter of scalibility and liquidity. I can get 50-100% return trading our strategies in 50-100k account, but the numbers will go down as the account size grows.
     
    #169     Sep 12, 2017
    tommcginnis likes this.
  10. 007Arb

    007Arb

    At least you are putting your money where your mouth is so better than 99% of the Pretenders out there. Good luck with your public fund.
     
    #170     Sep 12, 2017
    tommcginnis and Kim Klaiman like this.