Thanks, Steel. And everyone. Internet anonymity emboldens the immature and nasty, so it is doubly impressive to see all your support. Are ET readers nice people? Or is it traders in general? Perhaps we can commiserate the dreadful feeling of a lousy trade in a way a 9-to-5er will never know.
"Lovely" responses I had to digest as I got to the end of the thread. Just like it's hard for rookies to accept a loss in public, they think this is Pool, a game of accuracy, they show their true colors by failing to congratulate a successful trader because they claim superiority. Aaron, job well done. Anek
the omnipotent words of the wise polymath rodney king still ring true.... "no thread is complete without a surf flame" surf
Well done Surf- I hope you consider me a friend. I shall tune in and see what you are all about. Now as to This Schindler let's just stop congratulating a guy for losing money long enough to realize this is FUTURES trading! Enough said. Hey I earned 10,000% on one trade track that vs S&P regular stocks why don't you? How asinine! What a mockery of the system. Schindlers list web site is rift with problems there is a password section how do you get a password? are they for free? The speculative futures trading is recommended for people with $200,000 in their accounts-- they should give $20K of that over to Schindler's list. Most serious folks have at least a $1 million barrier to entry and quite a few are up at $2 mil to surf for dollars among the middle class offering therm entrance into the shadowy world of futures.... well, it sounds like a good idea it's ripe pickings- for them. But this Schindler web site is just a forward button away to the SEC from being ripped down. Can Schindler pick stocks? That is my test. I think I'm probably better off with the Surf in that regard who I will try and locate later in the day in cyberspace. Try and keep in mind that in some way or another stoney has say in over 9 million dollars worth of straight stocks, that I turned $200,000 into $1.7 million over twenty years while living in the big city and I did that without ever using an option a futures contract or shorting. Now in my middle age, of course, all these sexy alternatives are intriguing and I think about them more and more each day but in the big picture this Schindler character is dangerous for the little guy. And as proven my this most recent blow up- decidedly not for the faint of heart. Now on to examining The Surf! ~ stoney
Give me a break, "Annualized Return 19.7%" is still very good!!! Not to mention "Correlation with S&P 500 Index 4.8%" See: http://www.schindlertrading.com/index.php?page=performance
You are truly an idiot if you do not understand this guy is a cta and his site is already regulated by the cftc. The password feature is required for further access to documentation by qualified investors. Do I understand you turned $200,000 into $1,700,000 in 20 years? Congratulations, you are about on par with a buy and hold strategy in an s@p index fund. And if you account for your time invested and risk incurred you are probably lagging.
Not so fast sparky I ALSO put myself through Boston University (with a little help from the veterans administration) & lived 20 years without a job. That's a whole lot of spending. What s@p fund can do that. Lets go back six years shall we. Your s@p fund is flat. I have spent $1.2 million in stock earnings in that time on food, clothes and drugs... and still have $1.7 million more in stocks at the ready. Do the math. I need constant access to my cash to live the way I do and I learned after my first three years investing never to buy a mutual fund again and I haven't. And I won't. ~ SI