Up $1,300,000 Then Lost It All

Discussion in 'Trading' started by Fundlord, Oct 26, 2015.

  1. All made using TA?:)

    I'm gonna say 100% bollox!! lol.
     
    #11     Oct 26, 2015
    volpunter likes this.
  2. It's funny that people even consider that this might be genuine.
     
    #12     Oct 26, 2015
    volpunter and londonkid like this.
  3. Daal

    Daal

    It seems crazy that the guy would be market ordering 100-300 lots into the thin liquidity of that day. He would be having a ton of slippage. I'm not sure a good trader would do that so it looks fake
     
    #13     Oct 26, 2015
  4. londonkid

    londonkid

    very unlikely that a baller will be using a retail platform. much more likely using a pro front end.
     
    #14     Oct 26, 2015
    i960 likes this.
  5. Fundlord

    Fundlord

    His instagram is full of ferraris, lamborghinis, mercedes, hublots, rolexes, jets, expensive looking dinners, trades showing 500k+ profit etc

    I dont know if anyone would go through so much trouble to create a fake online persona when he isn't even a vendor trying to sell anything. Unless he's looking for some dan bilzerian style attention.
     
    #15     Oct 26, 2015
    VPhantom likes this.
  6. Fundlord

    Fundlord

    Most very short term traders use TA/DOM/Tape Reading.

    The GDP growth or future inflation outlook of a country is not relevant in a 5 minute trade.
     
    #16     Oct 26, 2015
  7. I meant that anyone making SERIOUS SERIOUS money would likely have access to an edge that can't be seen in our retail tools of charts patterns and a DOM etc.

    Maybe the pics are a result of him taking pics of nice cars and jets etc on his travels, and then pretending that they're his.
     
    #17     Oct 26, 2015
  8. Fundlord

    Fundlord

    Your deluded there are a lot of "lucky idiots" who are in the right place at the right time.

    I would much rather have a lucky 5 years than 30 years of the greatest edge in the world.

    This is trading not dentistry, its a profession at the mercy of randomness, anyone who disagrees is most likely a fool.
     
    #18     Oct 26, 2015
    ras72, VPhantom and lawrence-lugar like this.
  9. It's you who is deluded for believing this stuff!! :)
     
    #19     Oct 26, 2015
  10. Fundlord

    Fundlord

    Im not saying the video is real, but the thought that you have to have some mystical secret edge to get rich in trading is flawed. There are a lot lucky idiots who had a good run and cashed in their chips before getting wiped out.
     
    #20     Oct 26, 2015
    VPhantom and Chris Mac like this.