Alright, so where are all those comments about me being lucky? Last time I checked, my account is at 29.5Million from 17Million earlier today, I took a ride with Wells Fargo, then I spent a bunch of money on Apple Options Contracts, nothing personal sushi, but comparing you to me would be a laughing matter. 3rd place ain't a laughing matter, I have success for one simple reason instincts.
Of course, those instincts are just a simple conclusion based upon all known data that I already have looked through including technical, fundamental, and economic data.
Yes, indicators that even a month of backtesting and real research would have told you are worthless.
Really, I'm worthless, hmmm? So in a month have you increase the value of an account by 2900% I think not, your not much but the average shmuck that doesn't know squat. Nothing personal, but you obviously don't realize that I do a ton of research than I make my multi-million dollar gains based upon my instincts. I'm telling you question me all you want but I'm still slaughtering you performance wise. I find it pointless for you to be begrudging me. Also, your basis on calling me worthless is also stupid, you can't even predict market movements accurately and you call someone that can worthless? In reality your just a punk. Wells Fargo Appreciates 20% and I make 56% before I exit my trade on my call options. Later on today I bought a ton of Apple Contracts and I've earned around 45% and my account appreciated 12million dollar today.
Short Term Trading requires you to use technical indicators dufus. Sorry, but for long-term investing technical analysis is not necessary and likewise warren buffet wouldn't need to use it. But since I'm a short term trader that makes large gains I use technicals, fundamentals, and economical analysis. Like a true trader should, also I was correct and your still loading up on your crap talk next time you make a prediction let's see how accurate you are. Obviously you don't have the bravado or the cunning so you can take that load of crap and shove it up your own mouth because today my prediction was spot on.
Most people ain't got no heart. They be living in a world that they don't be owning. They expect things to happen fo them, instead of making things happen fo themselves. Reason so many fail in anything is they ain't got no commitment. Thems need to live the market, not just trade it. Damn, brothers be acting like they entitled or some shit. Ain't none of us entitled to make dem greens. 90% number come from ignorance and false entitlement.
Also, technical analysis is just one of many tools I use to predict the market. Idiots Wells Fargo is a good company that's why I also went into call options on it. It's also a stock Warren Buffet worships. Seriously, I'm not an "either - or" investor whereas most of you on this forum are. I invest using: Technical Fundamentals News Economics Most traders are either pure fundamental or pure Technical. Or they make their decisions based upon the news only. Unlike you morons who think I trade only technical analysis let me tell you something. I explored more than one avenue of the trade. News - Berkshire reports positive earning reports, and everyone trusts the words of Warren Buffet. Berk could be an index unto itself due to the wide array of businesses it owns. Fundamentals - Wells Fargo beat consensus earning estimates, Wells Fargo's stock price is $5 below BV per share. Warren Buffet worships the stock and bought into it. Technical - The Price is over the 5,10,25,50,75,100 day moving average. MACD also had it above the 0. The Relative Strength Index indicated it was neither overbought nor oversold. The Foreign Markets had massive rallies. Economic - The short and mid-term trends have turned up and the long-term trend tends to follow it once the mid and short term trends turn up, this has been proven accurate ever since the great depression. Overall I explored every facet of my investment before I walked into it. This is the true definition of a professional trader. Something only morons and trolls can dream of. On Sunday you never even considered of all this, all you guys do is yap a lot and don't know a thing about have a 360 degree view on trading. That's why I say a lot of you are amateurs and don't have much room to criticize me for using technical analysis because like I said it was only a portion of the data I use to make smart, big, and successful trades.
Pretty much everyone on ET is dumb, but this is just ridiculous. So if I understand this correctly, you're making millions upon millions and looking for confirmation on a message board. Also, most pro traders greatly prefer market making or selling options than buying which is mostly for noobs. It's possible to make 2900% or 10000% in a month sure, but unless you can keep repeating it month after month even on a similar monetary level, its luck. But whatever, either put up some proof or shut up, because if you're telling the truth (highly unlikely) then I'll see you on Forbes 2010.
here's a link to my rankings, here's my proof on Investopedia. I do something similar in real life but I wont disclose that kind of information openly. However I will direct you to a public domain where you can view me. http://simulator.investopedia.com/home.aspx Also, join the simulator the term "no rules" is basically stating that their are no false limitation put on your trades that the simulator deems appropriate to limit risk. Technically speaking these counter measures don't exist in real life and likewise it is by far the most realistic simulation. Anyhow, my 29million won't be updated until tonight, then you'll see the evidence. Also I have 2011 Wells Fargo Call Option Contracts to exercise before 2011 that are easily worth north of 75million.
No it doesn't, I successfully tape read short term. MACDs/MAs/RSIs and most tech analysis is for retards. Longer term, I look at other factors.