Well, speak for yourself. This journal didn't make sense from the beginning thus after a little investigation, I posted the real reason in post #180. In a different thread Marsman actually acknowledged that he was looking for funding as early as June 21st. It just took a little digging to find it. I thought the entertainment value was worth to keep the thread open. If some idiot actually took him seriously and gave money to him, well, that would have been his own stupidity. It is summer time, we should take it easy... Now we will never know how long it would take to triple my money and we have to wait probably 2-3 months until the next harlequin arrives...
Forums end up banning these people anyway, when the situation has become intolerable. They tend do so reluctantly and belatedly, and after the damage has been done. They don't like to do so earlier, perhaps because "it's not really clear that any rules have been broken" and things look like "grey areas" and "judgment calls". This is a regularly repeating pattern, and the reality - uncomfortable though it may be - is that the very few forums that err on the side of getting rid of these people as soon as established members start complaining about them are the ones where the membership, participation and traffic are increasing.
Yes, and because of all this, I would actually be more than willing to pay for the privilege of using a forum where I don't have to put up with this. I realize Baron cannot do any sort of fact checking and figure out who is truly profitable, who is actually trading for a living, and who is just full of hot air, but I can't help but think that at least one barrier to entry, like a low monthly fee, could eliminate much of this. As it is now, about the only thing they do is track IP addresses, but this requires they already have a posting history on the individual from other accounts in the past using the same IP address. These days, IP addresses mean nothing given how easy it is to hide/change them. You've got guys paying Baron money to operate as a vendor, and who knows how much money this costs, but this doesn't cover the vast majority of posters who have nothing to sell (thank god). But if in some ways a poster had the option to have a "verified" account, even something as simple as paying a one time fee, I think this would go a long way to reducing trash posters. Someone whose intention is to deceive would in no way want have themselves tied to a payment that could be traced. Would surf have really paid 20 different times in order to have all those aliases? I doubt it. And most people wouldn't even have that many credit cards anyway. When I signed up for Uber, I was surprised that they didn't even require my address, just a name and credit card. Given that your first ride is often free, you would think that people would want to create a million different accounts so that they always got a free first ride. But I bet that the system would only accept a credit card once and never that same one again for other accounts, so just this must be enough for them to eliminate multiple accounts from the same person. Likewise, if Baron had the tiniest fee to put the tiniest icon beside your name which states that you paid something, it would go a long way to showing that you're not going to turn out to be some spammer. Anyway... totally off topic, I know, but something that pops into my head every now and then. @Baron
You guys seem really emotional about this. Why because you were hopeful some one could pwn the markets? Build themselves an ATM and maybe just maybe you could get in on it. Those whom have been here for more then a decade are not going anywhere no matter what is put in place. Comedy is a good stress relief. As always verify the whatever it is until then its a farce .
Yeah,... I mean, nobody's twisting anybody's arm to read it right? I enjoy a good chuckle. Maybe he was photo-shopping the numbers. Who knows. I hope none of you sent money to Eastern Europe though.
Could you imagine trying to back test a copy'd strat to only learn you already tested it before I know its not nice but it would be kind of funny. Then I look at the YTD chart for Amd with a simple 20 and wonder how the f is that possible.
He is a loser of magnanimous proportion.. Perhaps the greatest fade one will ever witness.. closest thing to free money as one would ever see... desperately trying to be someone he is not. Think submissive Cuckold on top of all that... know what I mean, ms ?
Perhaps one pleasant thing we can take away from this thread is that many members did earnestly reach out to try and warn him about the risk such trading strategies could hold, and offer incite and explanations on what he is experiencing should be taken with caution.
I'm guessing it was all just a hoax and the investors money never existed. The part about using someone else's money for this strategy actually made me a bit sick lol. Trading my own money is hard enough, being trusted with someone else's money is one of the biggest responsibilities a trader could take on in my mind. I know from talking to people I work with, since they see me watching stock markets all the time, they'll start conversations about trading and I realize how little most people know about markets, like the basics of how it all works. If his investor ( if it was real) knew that it was possible to lose more then his initial investment, he'd probably be shocked and be more skeptical. In my experience backtesting, big returns usually involve big drawdowns. Reminds me of a podcast I listened to from Ralph Vince talking about working with Larry Williams when he won the world trading cup and achieved the record of 1000% return. He mentioned their was a 900% drawdown in that account too.