This is just strictly for those who might read this read and be misled by some of what is being posted here. To be a large trader you would have to have at the very least, a million dollar plus trading account, I do and would not consider myself a large trader, probably medium sized.
Two of my mentors are amongst the greatest who have ever lived. Both are widely quoted and interviewed, and I know what they have done in general over the years, as well as their friends. I can assure anyone who read some of these posts, if you do the math, 570% over 2 1/2 months as a large trader ( 1 Million minimum account balance )would equate to close to 6 million in profit. I know of knowone who traders large size that is anywhere in the same galaxy as that, in that short of a period or for that matter on an annualized basis.
That is just a flat out lie, 20% is a good annual return for a large sized trading account, and if you study the greatest CTA’s of all time, there is only one who has traded large size that has returned over 20% per year in a number of consecutive years.
It is one thing to turn 10k into 60k, it is entirely another to turn 1M into 6M in 75 days, and it did not happen here I can promise you that.
If HWG could prove that he is clearly the greatest trader who has ever lived. I almost forwarded a copy of that to Kevin Haggerty, one of my mentors just for kicks, but I know what his response would be. You won’t see me posting here again on this subject due to this kind of nonsense, but folks do not believe it.
