I have met some reliable sources, here in London, who said they viewed Mr Spanish's account online back in 2008 when it was over 10K in profit. I cant vouch for him making 36K.. but he definitely was flying at one point. You could call it beginners luck, but i wouldnt call it fraud.
??? Are you saying im an alias for Spanish.. i been posting on ET since 2004, long before spanish showed up here..
Spanish89 was born in '89, so he would have been 15 when he created this alias and began trading.. Spanish really is the next Jesse Livermore if he began trading at that age . Would be a nice story, except you cant open any type of trading account in the UK at that age.
What are you doing with your life? Do you know your un-needed collection of benefits is one of the reasons for the Euro crisis?
Ahh well, his birth certificate was mentioned in the FT article. I suppose his trading "3 years ago" occurred when he was 19? The "89" is about as reliable as those end-of-day time stamps. Please gfy Spanish. It's really disconcerting that this shit is allowed on ET.
Spanish89 profile can be found else where on the internet, yeah he was aged about 18/19 in 2008. http://www.faceparty.com/spanish89 Funny stuff... but everything about spanish is entertaining.
Just to update my journal- I bought the Cac 40 at 3075.6 yesterday evening at £3.50 per point, stoploss was at 3019, target was at 3196. When the Cac opened it gapped down 4% instantly, touching 3015 at its lowest and so stopping me out, and then over the next 2hours rocketedup 5%!! And that 4% crash, then 5% rocket up just 2hours later, wasn't based on anything fundamental whatsoever. None of the other indicies did anything even remotely close to that, and there has been no french specific news out to cause that. I dont believe that such a thing as ''fate'' exists. However i do accept that the reality is that some people have almost constant good-luck wheras others have almost constant bad-luck, and some people just go through phased of extreme bad-luck in every aspect of their life. And ive identified that currently i am going through a phase of extreme bad luck! As for almost all the trades i made for the 1st 4months if id left them to run beyond where i cashed them in id have made 2-6x the amount of profit on most of them, but for the past 2months when ive now started leaving trades to keep trending, instead of cashing in after 0.60% - 1% moves, ive encountered problems with almost all of the trades. And this latest Cac trade, where the market crashed down 4% just to touch my stop by few pips (based on no news), then rocketed up 5% in under 2 hours to above where my entry had been, had confirmed my decision that currently i am experiencing extreme badluck no matter what i do. And so ive moved both my target-orders to break-even, and when the are hit im withdrawing all my money, spending a large amount of it going on a nice 3week holiday, and then going to restart trading some time in january or febuary next year...