There are several forum members that are PMs at large funds. There are some people who are currently employed at more junior positions within the financial industry. There are also plenty of people that are not working in the industry but have insights that are very valuable. There also a lot of people here who might not have valuable insights but are a lot of fun to interact with. In general, when I hear someone boasting of his institutional experience (such as yourself), I’d expect to find some depth in the content they’ve contributed. PS. I am “the artist formerly known as”, as some people have guessed by my writing style
Well that's not a very educated response, the failed trader part is amusing none the less. Everyone is bestowing the wonders of their knowledge, yet where is the validation that they actually have even the faintest idea what they are talking about, so far I see a lot of talk, a lot of advice, and 'advanced' forum members posting recommendations such as 'high leverage' which would cause anyone following it to lose their shirt. Yes but you're honest, so that means it's highly likely you know what you are doing. The reason is that once you go through peoples post histories you find the anomalies, however they usually have the larger voice. It's evolution from the IB thread, from what I am seeing it is a lot of posting for material gain or obfuscation or lack knowledge drowning out factually relevant information. I have no interest on an individual level, however I have a unique skill that allows me to find material discrepancies with minor information, everyone is hiding everything so perfectly that anyone new has less than no chance. I'm about "share the love", this Tuscan air must be doing something, I'm having a hippie moment! What I am seeing, and this is happening with rental cars, apartment leasing, hotels, supermarkets, especially public forums, even Monaco which I never suspected would succumb, there is an indirect (and sometimes direct) level of collusion to keep the party going at any cost. And no one appears to have a clue what is going on, I have procedures in place to block that nonsense, the stories are racking up by the day, today was the rental car company trying to block €1,000 in my account without authorisation. If there is no accreditation, there is no liability to not do any of this.
It's really up to user to figure out the good from the bad. And what is this "knowledge" you speak of? When I write something it's never directly related to how I trade. Others here are the same way. Jokes are on the posters that think otherwise. Hehe.
It was useful, beneficial to share your "accreditation" background 10 - 30 years ago. Yet, in today's social networking problems involving privacy...not a smart thing to do and the info can be used against you that impacts your personally or professionally. Therefore, its best to share that info at professional websites setup for such. Regardless, as you stated...you sniff through the post history of some members while having procedures in place to block the other posts that are nonsense. Best to stick to what you're already doing instead of asking members to publicly share their professional backgrounds while most are concerned with their privacy and others not allowed. Simply, don't leave an online paper trail about yourself except at those professional business social networking sites... Even then, gotta still be careful because months or years from now you may be doing something that you don't won't your online paper trail to be linked to you today. P.S. If you're in reference to someone sharing their "opinions" about trading...don't get caught up into that and as others say here...the forum is for entertainment purposes only although some will try to make it "personal" or more professional (business like). Seriously, check out some of the forum themes...Politics, Movies & Music, Chit Chat...this forum is attracting lots of different people that really are not interested in sharing any useful trading info with you. There's been times here with members wanting to setup a "dating thread" or "soft porn thread". Therefore, don't take it personal...gotta have a thick skin or thick skull here. In contrast to what you stated that Everyone is bestowing the wonders of their knowledge...I only see a few here trying to do such while most are not. Thus, your real concerns is about the few and you're really only interested in the professional backgrounds of those few...those you're sniffing through their post history here at the forum. Thankfully this forum doesn't have any connections (networking) to other websites that are more professional or business like in nature outside their sponsors. wrbtrader
To be clear, as apparently people are interpreting "who" as in wanting to know individuals, it is gauging how much "advice" in general is generated by "non-accredited" traders. I should have known people interpret these things in a micro way rather than the big picture, income traders vs capital traders, I must learn not to ask complicated questions after wine, and instead break them down in to amuse bouche sized chunks. I have known for quite some time professional qualifications used correctly are a hindrance as they stop an alternative narrative from being used. So let me provide an example which is always quite easy to refer to, many others are doing the same or worse so is not to single any firm out. The average retail trader has a 1% chance of success, and at 10,000 hours is around $300k or so of training cost. At TopStepTrader they have a 9% success, but the cost is circa $3, now there is a $24,000 discrepancy. That is filled from the broker kickbacks, training cost failures of the other 91%, and so on. That information is not publicly available, and likely never will be. People use their experience to gain an advantage generating income, but those who generate capital use their experience in a different way. I was having this conversation with some residents in Moncao while I was there, most do not look below the surface so see them as the same, however the goals are very different. I can tell you I am in the process of suing my Brother, and he is using that exact same process to try and obfuscate the claim via loss adjusters, lawyers, unethical practices, the problem is if he carries on, I have given him multiple exit opportunities, he will end up losing his entire net worth because I structured it so that I can make a direct claim against his entire estate and his business, he is income, I ace it with capital but you only use those skills when receiving the first shot across the bow. The "sniffing" is factually inaccurate, it's not my fault they were stupid enough to post material discrepancies against their profiles before they decided to change narrative. It is why all the information you will find is to work yourself into oblivion to get ahead, which generates 100s and 1,000s times more documentation, rather than just wait and perfect your entry and exit timing. The end result technically should be the same, the way you get there is very different. I do appreciate your advice and time spent writing it, however I don't actually need it, there is a specific process required to break down barriers, I'm quite efficient at it and it appears you are also. And there goes BTC, they do really need to get on with the collapse down to $3k-$5k.
Those that are truly 'accredited investors' are the least likely to let strangers an on-line forum know this, the least likely people to be one are typically the person(s) that boast about being one. 99% failure rate? I like those odds, just means there is more $ to scoop up from those that don't treat trading like a business.