How do famous swing traders like Dan Zanger size up so fast?

Discussion in 'Trading' started by excrypto, Nov 18, 2023.

  1. M.W.

    M.W.

    Most reputable auditors in the world. More reputable than any small ass practice of 1-5 auditors.

     
    #171     Nov 20, 2023
  2. M.W.

    M.W.

    Not a single risk factor included, dodgy graphs and toilet paper it's printed on. Without risk it does not tell the story of a long successful trader, at least lucky, more? Who knows. Still take it. Anyone else?

     
    Last edited: Nov 20, 2023
    #172     Nov 20, 2023
  3. Darc

    Darc

    Holy shit. Even Google News will tell you otherwise.

    Arthur Andersen anyone! The list is quite extensive.
     
    #173     Nov 20, 2023
  4. M.W.

    M.W.

    Andersen is no more. Are you aware how many small auditing practices were shut due to malpractice? You are talking out of your ass without knowing a thing.

     
    #174     Nov 20, 2023
  5. Darc

    Darc

    You can't put any of the top tier Firms up as beacons of honesty greater than those mid tier Firms. Some of the worst Accounting scandals of all time come from them. Some of the people I've known who worked for them, let's just say I wouldn't trust personally.
     
    #175     Nov 20, 2023
  6. M.W.

    M.W.

    Goodness why do you think that's the case. You only hear of the large scandals because they are newsworthy for news whores like you. Who do you think hires large auditors who have the capability and knowhow to audit corporations that span over multiple continents with sometimes 100,000 employees or so? I take any of the large auditors any day over some firm called Effron whose audit report looks like it was pulled out of a raccoon's asshole.

     
    #176     Nov 20, 2023
  7. tiddlywinks

    tiddlywinks

    Another necessity for overcoming the ET dogma of everything and everybody is FAKE.

    Trading account/portfolio auditing must be done by one of the Big 4 accounting firms.

    Why does anyone join ET anymore? For the food of course!

    Happy Thanksgiving all!
     
    #177     Nov 20, 2023
    Laissez Faire likes this.
  8. M.W.

    M.W.

    Any audit reports of non of the aforementioned auditors you can post?

     
    #178     Nov 20, 2023
  9. Yes, I see the new standard now is a track recorded audited by Ernst & Young. And if such would be provided, it would probably be explained away as sheer luck or using insane risk anyway.

    So what's the use? Why should anyone go through that kind of trouble to prove what exactly and to whom?

    Would only make sense if someone were trying to raise external capital. Certainly not to convince non-believers on ET. LOL. :)
     
    #179     Nov 20, 2023
    Rams Fan likes this.
  10. hilmy83

    hilmy83

    I just want to add to this: trading platform investor access.

    As far as I know, MT5 is the only platform that has public investor access (read only) to your trading account.

    So here's what I think the list should be from most trusted to least:

    1. Investor access to your trading account (matching broker statements)
    2. Audit by big firms
    3. One of the annual competitions (World cup or USIC)
    4. Your mother
    5. Youtube
    6. ET's post "just trust me bro..."
     
    #180     Nov 20, 2023