My god I finally got in again, probably took 75 tries. PW thanks for that post and it is exactly correct. The Robbins Trading Contest is the pre-eminent trading contest of its kind in the world. It is the only one with real money traded.
Pencilneck – what a great blog handle, I use both Genesis and Trade Station for data and software. Doing this for a living you always have to have a back up in the event something happens to disrupt one of your sources. I also have an aircard on a notebook to access wireless data in case cable goes down. Cox is notoriously unreliable. Also, thanks for visiting the blog.
The trades in my Robbins account are the exact trades from my trading service, with no others included, managed very conservatively. This is why it is only a 45% return. My own personal accounts have done better due to lower fees, and more aggressive risk paramaters. The whole purpose of entering the contest was to have an independent accounting of what someone would have achieved just following every trade.
Some cleints have far exceeded that return according to emails I have gotten. To poke fun at Robbins Trading simply exposes you for the clown that you are. Call Larry Williams and tell him you think Robbins is a joke. Maybe it is you that is the joke? Has it ever occured to you that maybe you should research some of these comments you make before you make them? You seem smart enough to itleast find out if what you are saying has any bearing at all before running your mouth.
This firms site would not by definition have that sort of traffic, it is not an educational site. Trading markets.com has the highest traffic of any of them, yet that is a money losing company according to it’s owner who I know.
BTW anx, just a heads up on a new innovation you probably have not heard of that actually is a fairly good idea, so I do not want you to poke fun at it, electricity actually works. It is not a futuristic idea that is folly. You are just upset with me because I exposed you for a lack of options trading knowledge. Ironically, I never intended to do that, I was just trying to educate everyone else in here as to what options are and are not. Also, do not average down losing trades like you mentioned you might do. That is right on the list of something that should never be done when trading.
I doubt you were ever an athlete, but as an ex-athlete there is a common saying I live by. The Scoreboard talks and BS walks. I have the Scoreboard and you are the BS, so you should walk. Go walk and blame the referees for your loss.
