i believe he supposedly trades with around 10 million and has a staff that executes some trades---- this is just info i have gleaned from talking with several of his followers-- no idea if accurate. i was also advised that he is in the top 10 largest traders in the ES presently--- surprised his supporters have not chimed in yet. surfer
I don't think his folks really like to say much. It only leads to demands for proof, and then proof of proof, and on it goes. The guy doesn't need a chat room. Ego is probably the reason, which makes him interdependent with the people in the room. He is what he is and needs no explanation. Day in, day out, he brings it home. Last year averaged 145k/day, this year 170k so far, on an account of about $4mil. He has more money than what is in the trading account. This should be my only post on the topic.
me tooo if i could make 3/4% a day, marhedge would be honoring me at their dinner on april 6 ( <I>and i would probably get to attend for free</I>) lol ! in addition, i would be a sought after speaker at davos--wining and dining with all the icons.. surfer
OK, you guys suck. Feel better now? But seriously, if he really makes 145K on a 4 mill account that is 3%+ a day (last year it was better), and we should all worship him...
I was watching him live yesterday around 10:30AM. Final day at Traders Expo. He was down about $55k. PnL box keep popping up. With the SP range being very narrow from that point on, does anyone know if he ended flat or up for the day?
I was there on Sunday. It was fine, despite all that Forex stuff (which I don't do,) but even smaller than last year's - the downslope in attendance and vendor interest continues. Again, I had the feeling that I knew many if not most of the people there, which probably means that the traders' universe is what it is, mostly those of us who entered in the late 90s, lots of departures and few new entries. What was clearly missing, even more than last year, was the cheerful group of innovative new vendors with a brand new and "super profitable" trading system to peddle. Instead, the booths of the likes of Fidelity, TradeStation and Schwab grew even bigger and better staffed. Pristine this year had a minimal presence out in the corridor - and they are only a few miles away at White Plains! Business must have been suffering on their end, which was a little sad (took their 3-day seminar a few years ago and liked it a lot... I still like their DVDs.) Realtick had a small presence too, although their T-shirt had a better color this year. Tony Oz gave one of the 90 minutes Realtick seminars and instead of his usual ebullience, full of new ideas, he just sat down in front of 300 people and said: "Do you guys have any questions?" I then knew that it was time to walk out and go spend $5 on a cup of coffee, downstairs. The best one of the gems of friendly broker advice I overheard: Customer (timidly): I am new to trading and someone said that I can make a living with the eminis... but my account is only $10,000... what do you think? Broker (assertively): No problem... With us you can actually trade 20 contracts because our margin rates are so low! Oh well... I plan to be there next year too, and the year after, until they move the event to Newark or something
LOL. I only went to the 2004 NYC expo and stayed an entire 20 minutes even after my 60 minute drive in. I stopped to talk to a futures broker and asked the guy "so, hows the volume coming along in mini crude?" he barks at me "$5 ROUND TURNS!". I walked away and left the building.....my car was still warm.
I have to say i liked Think or swim Booth Did u see the display of computer they had and they also had tablet pc with tos software on display DO any of you guy trade on a tablet pc I always want to buy a tablet pc but i dont know very undecided in 2 mind what if i wont like it : ( Any trader out here using a tablet pc - ?????? TO TRADE STOCK FUTURE AND OPTIONS- ?
the funniest booth was "trader tv". at first it seemed like a cool, far out idea, then i fouond out it was "wisetrade" broadcasting their info in a cnbc type format. now, i have seen everything! surfer