You are more likely to become a top Hollywood actor or popstar than profitable trader

Discussion in 'Psychology' started by crgarcia, Jun 3, 2010.

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  1. Fair points though I never intended to offer cash in exchange for seeing account statements, and I keep it that way.

    So it's very clear, Ghost would need to show a 7 year track record with a geometric average of at least 20% annualized per year after omitting all withdrawals and deposits. Risking to state the obvious, only day trades are included in the return calculation (Ghost can chose a time zone on which the 24 hour time frame is based within which trades need to be opened and closed). More details later, given he agrees.

    Obviously, when going through an Escrow service I would require a copy of his ID plus broker statements with his name on it. He will get the same ID of mine and my own broker statements showing that I most likely beat his track record (a freebie, and I would be surprised if he had a better record than I had, though my trades are almost all longer-term trades).

     
    #91     Jun 5, 2010
  2. zdreg

    zdreg

    why don't you repeat your post instead of repeating that u have previously posted. what are the stakes?
     
    #92     Jun 5, 2010
  3. What is even more funny is that asiaprick, when confronted with someone that will take him on, keeps adding additional terms and restrictions because he realizes he is going to lose...

    first, he implies he is going to bet money (sorry, but saying you are going to "bet alot" to any normal, sane person, implies that you are going to "bet alot [of money])

    ... then he starts adding additional restrictions of saying it must be intraday trades only....

    blah blah blah

    next restriction is going to be that anyone taking on his bet must have only traded asian propeller making companies...

    It's obvious to everyone reading this thread that you were called out and when it came down to it, you were too much of a pansy to stand by your bet...

    what a loser

    g
     
    #93     Jun 5, 2010
  4. you have an issue with me and that is fine, I dont mind in the slightest.

    But dont make up lies:

    1) I never implied I bet money, actually, in a post right before I said "I bet a lot" I precisely mentioned that I am happy to pay for such person's first class ticket and hotel to an asian city. Which part of that was not clear to you? -> a lie of yours!!!
    2) I never changed any terms or conditions: I specified the details of how the returns are to be calculated, all of which are industry standard and/or very logical regarding the context of the bet. -> Another lie of yours.

    Its ok you dislike my cocky attitude, you would also hate me if I told you that I regularly bought your margin calls. So what. But I suggest you stick to the truth, or is the only way you can attack me by twisting facts and the truth?


     
    #94     Jun 5, 2010
  5. all details on p.7

     
    #95     Jun 5, 2010
  6. LoL.
     
    #96     Jun 5, 2010
  7. schizo

    schizo

    Send me your name, address and telephone number and I'll get in touch with ya.

    But there is a few conditions you'll need to consider.

    First, you're the one who said no daytraders make money. So why must I take the burden of trouble to prove myself?

    Hence, if I do come out to your locale, I will need to be financially compensated for the missing income from not trading throughout the entire period of so-called "vacation". That will be $15,000 per day. (I'm being generous here.) In addition, you will need to pay for my entire family.

    Second, if daytraders cannot make money whereas position traders can, that implies that position traders are better traders than day traders. Hence I propose another deal with you.

    Let's have a little trading contest between a day trader, namely me, and a position trader, namely you. We will create a custodian account (minimum of $50K) that will be managed by a third party. Whoever makes more at the end of stipulated time takes the entire booty.

    Now carefully consider my proposals and get back to me if you're truly interested. Personally, I think you and just about 90% of position traders around here are full of shit.
     
    #97     Jun 5, 2010
  8. zdreg

    zdreg

    "Now carefully consider my proposals and get back to me if you're truly interested. Personally, I think you and just about 90% of position traders around here are full of shit."

    90% is quite generous towards ET posters. Does that include the nonexistent $15000 income/day?
     
    #98     Jun 5, 2010
  9. Bob111

    Bob111

    and the other party will be responsible for taxes on those gains :cool:
     
    #99     Jun 5, 2010
  10. Why don't all you guys just pull down your pants and get a ruler?

    How is this not in 'chit chat'?
     
    #100     Jun 5, 2010
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