Umm, actually yes (although I would still assume that some weeks/months were better than others). Everyone i know of who has been trading for many years says this is the toughest they've EVER seen it (at least those who started in the last 15 yrs).
Believing that some people are making a good living is easy. But when some people make claims here that would put them in an elite class OF an elite class of traders (even more so when considering claims of weekly consistency in making $15g in 2003), it must be taken with a huge shaker of salt.
MARC TO MARKET.. In my opnion you are full of it. How can anyone make 100% a day scalping.... in order to do this.. you have to take extreme risk... it just doesnt make sense... Taking the risks you are talking about it.. would blow you out with a few bad trades... --MIKE
And in many of these constests, contestants take the biggest gamble knowing that this gives them the best chance of winning one of these competitions sooner or later. Its like the NCAA pool. If the pool is big enough, the only way you will win is to pick several upsets and hope you pick the right ones!
impressive. And yet you would rank among the top .1% of professional traders (maybe better), especially with the consistency you claim.
Ummm, just because people lose a given amount doesn' t mean it is equally possible for someone to MAKE that same amount. It is far easier to lose than to make money, especially with commissions and MMs or specialists. $15g a week, consistently, in 2003 isn't impossible, but it is extraordinarily rare among traders, let alone among 22 yr old dropouts trading on 3 hrs sleep with a cable modem and a single screen.
oh ok. well as long as that is clear. So what you are trading moves roughly the same, with the same range and good volume, week in and week out (and year in and year out). No wonder you don't want to give up any information on these magic stocks.
Marc, Why dont you just make a journal and show us humans the type of stocks you trade... just an idea of what your trading is about.... --MIKE