I'm Looking for Traders to Invest With

Discussion in 'Trading' started by Doug Allen, Feb 15, 2009.

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  1. maestro,

    you know i like you. however, your claims of any good trader making 5%/month consistently is pure BS in the equity markets. Even the best money managers in the world don't have that type of consistency.

    furthermore, sophisticated hedge fund investors will literally run from you if you make those kind of claims.

    Get real, man.


    surf
     
    #301     Mar 3, 2009
  2. Banff01

    Banff01

    Surf,

    what you are missing is SCALE. The question should be what performance you can achieve with a certain size. Sure even the best fund managers in the world can't produce 5% because they can't move their money as quickly as a retail trader. I agree though that we can't talk about earning certain amount of money per day in the markets but I assume that MAESTRO means "on average per month".
     
    #302     Mar 3, 2009
  3. MAESTRO

    MAESTRO

    Of course, I meant this return on relatively small amount < 300K. And, yes, I meant "on average" a day. The reason I am so convinced is because I have done it.
     
    #303     Mar 3, 2009
  4. Banff01

    Banff01

    Nice essay! I have a feeling that you have no idea at all how scammers operate. Sure, at the beginning it looks like all you have to lose is your name and email address until the day that you lose your ass. :) I don't mean to stop people from replying to this ad but be VERY VERY sceptical and carefull with passing along any personal info.
     
    #304     Mar 3, 2009

  5. no doubt it can be done on a small account sometimes.

    however, I refer to the above statement that triggered my response.

    best wishes, surf
     
    #305     Mar 3, 2009
  6. Banff01

    Banff01

    I believe that, Maestro.

    Good trading.
     
    #306     Mar 3, 2009
  7. MAESTRO

    MAESTRO

    No, you are right, I should have been more specific and less generic in my assumptions. My frustration is channeled towards the OP who does not appear to be a genuine fellow.

    Good luck.
     
    #307     Mar 3, 2009
  8. Banff01

    Banff01

    You probably didn't read the post that Maestro was replying to. It was clear that by "regardless size" he actually meant "regardless how small the account is".
     
    #308     Mar 3, 2009

  9. No problem, thanks for the clarification!

    best wishes to you also.

    surf
     
    #309     Mar 3, 2009
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    #310     Mar 3, 2009
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