A wise investor, once initiated, realized: <i><b>It is easier to hire the best traders, than to be the best trader.</i></b> My rating: <a href="http://www.collective2.com/cgi-perl/systems.mpl?want=p&systemid=25716110"> <img src="http://www.collective2.com/cgi-perl/badge.mpl?systemid=25716110"/> </a> And essentially that's the magic behind collective2, but requires a very thorough qualitative assesment of the trader prior to investing with him. Most people don't ask the right questions, like, what makes you qualified? This might be one of the biggest problems with c2. People can't distinguish luck from true skill.
While we are throwing around quotes... here's one I like âNo one saves us but ourselves. No one can and no one may. We ourselves must walk the path.â
Because the answers to the question "Why would someone is willing to sell his winning system?" remain as elusive as ever.
just a number -- it must be below $100k. in small numbers like this if you can't make ~50%/year you should try something else....
It's profitable. That's why, and it's the only way to be verified on the internet. I pay a lot less attention to paper traders. You should pay attention to c2 traders. If for nothing else than for street credibility and reputation.
LOL. Just a sign of being a paper trader. You'll find a lot less systems on c2 making 50% per year b/c that's unreasonable, and is a sign of stupidly optimistic expectations. I'm sorry, it's nothing personal. If there really were traders consistently making 50% per year we would have heard about some of them. To date, there are only two traders or investors that are on the forbes 400. 1 is Warren Buffett, and the other only has about 1 billion, and his name escapes my recollection b/c he's so unknown. Anyway, if there really is someone making that much money, somebody out there would have made the forbes 400 by now. I'm just trying to beat the S&P by 11% annually, and that's all that's required to be as rich as buffett who has been trading for 40 years now. I'm pretty sure I'll be on that list in the next 40 years, but that doesn't happen to be right now. Just for the sake of argument, compound $10,000 at 22% for 40 years. What do you get? 28 million. Add in putting $6k per year into this investment, and you get $106 million. I don't know what to do with $100 million but keep doing what I'm doing till I'm 70, so compound it for 50 years, and where are you at? 775 million. This is more money than I could ever spend in a lifetime. I'm pretty sure I can make it happen, too. But it just takes time, and time is on your side if you have an ironclad plan, especially in my early twenties. I know families whose story reads like, well he started $3,000 when he was thirteen, now it's worth 20 million or something. Like I said, time is on your side, and this is why I invested 6 years just in making a plan. Now the time is easy. All I have to do is "implement" the plan, and that's what you see here: <a href="http://www.collective2.com/cgi-perl/systems.mpl?want=p&systemid=25716110"> <img src="http://www.collective2.com/cgi-perl/badge.mpl?systemid=25716110"/> </a>
He meant it's quite possible to double or triple on the $10K than to double on the $50B which is almost impossible. It isn't linear. The more your capital grow, the less return rate.
Well, time is on my side and is for anybody else who wants to join me. At some point buying QID or QLD in conjunction with futures and options will enable the kind of leverage required to get large returns on large amounts of money. The primary thing is to make it first, and you need a plan for that. Not only am I one of the best traders on there, I'm also one of the oldest.
I have reported you to Barron. You are advertising a paid C2 service here without paying Barron. If you want to advertise, either pay C2 to advertise your system here or pay Barron. It is fine to post threads here where you are giving advice, promoting a free system or room, like some of the past threads, but not to freely spam the boards.