Market down 2% at noon hour

[stockstradr]

LookoutBelow,

convince us you are more than hot air (“im up almost 770%”)

(Oh, yeah, ou were up 770% but now you edited your post AGAIN in the last minute lowering your still absurd claim to 570%)

Plainly state your predictions short, and long, for :
oil
indexes
currency
recession

If you’re good, you won’t be afraid to prove it on here with your advance predictions.

[Chris Scoreboard Johnston]

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.

[Chris Scoreboard Johnston]

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.

[Chris Scoreboard Johnston]

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.

[Chris Scoreboard Johnston]

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.

[Chris Scoreboard Johnston]

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.

[kewp]

Um, isn’t that Paulson guys hedge fund up 1,000+%?

Jim Simons regularly generates 100% annual returns for his medallion fund.

[kewp]

Um, isn’t that Paulson guys hedge fund up 1,000+%?

Jim Simons regularly generates 100% annual returns for his medallion fund.

[kewp]

Um, isn’t that Paulson guys hedge fund up 1,000+%?

Jim Simons regularly generates 100% annual returns for his medallion fund.

[kewp]

Um, isn’t that Paulson guys hedge fund up 1,000+%?

Jim Simons regularly generates 100% annual returns for his medallion fund.

[kewp]

Um, isn’t that Paulson guys hedge fund up 1,000+%?

Jim Simons regularly generates 100% annual returns for his medallion fund.

[stockstradr]

I’m with Chris_Scoreboard that the 770% (or 570% or whatever) profit claim might more accurately describe the percentage increase in bullshit postings in this forum since Oct ’07.!

This very thread has seen a good appreciation in the level of BS postings!

And I had better acknowledge my claim of +20% was a guess, and I have to admit I didn’t pull off that 20% appreciation soley on trades that were all round-tripped within in the last three weeks.

For example, let’s look at one collection of puts against the NASDAQ, and S&P500, that I collected over the last 12 months. I just sold all those to close.

I just now put those into the spreadsheet and confirmed an aggregate net (including commission cost in/out) gain of 21% across all those closed option trades. How much was initially invested on that set of puts? Total initial cost was $24,437, which frankly is a lot of options for a light trader like me to be buying. Obviously I consider that amount to be “throw-away” money relative to my overall retirement portfolio because when you buy options you gotta be ready to lose every cent!

My biggest mistake on that collection of puts came with two of the positions purchased too early at original cost of $5000 (JAN08 QQQ strike at 42, and 44) both of which are now totally worthless, expiring in matter of few days. If I had only broke even on those two I would have made ten grand on the original twenty-five grand, a more respectible gain. The worst part is during the low lows of March ’07, those two options were UP about 25% (on paper in my account), and I didn’t sell them. (oops!)

Frankly, I’m not proud of making 20% return on that overall collection of options (held that long) because the risk was so high relative to that return.

I’m not a trader by profession. I’m just an engineer who makes trades weekly or monthly as a hobby.

[stockstradr]

I’m with Chris_Scoreboard that the 770% (or 570% or whatever) profit claim might more accurately describe the percentage increase in bullshit postings in this forum since Oct ’07.!

This very thread has seen a good appreciation in the level of BS postings!

And I had better acknowledge my claim of +20% was a guess, and I have to admit I didn’t pull off that 20% appreciation soley on trades that were all round-tripped within in the last three weeks.

For example, let’s look at one collection of puts against the NASDAQ, and S&P500, that I collected over the last 12 months. I just sold all those to close.

I just now put those into the spreadsheet and confirmed an aggregate net (including commission cost in/out) gain of 21% across all those closed option trades. How much was initially invested on that set of puts? Total initial cost was $24,437, which frankly is a lot of options for a light trader like me to be buying. Obviously I consider that amount to be “throw-away” money relative to my overall retirement portfolio because when you buy options you gotta be ready to lose every cent!

My biggest mistake on that collection of puts came with two of the positions purchased too early at original cost of $5000 (JAN08 QQQ strike at 42, and 44) both of which are now totally worthless, expiring in matter of few days. If I had only broke even on those two I would have made ten grand on the original twenty-five grand, a more respectible gain. The worst part is during the low lows of March ’07, those two options were UP about 25% (on paper in my account), and I didn’t sell them. (oops!)

Frankly, I’m not proud of making 20% return on that overall collection of options (held that long) because the risk was so high relative to that return.

I’m not a trader by profession. I’m just an engineer who makes trades weekly or monthly as a hobby.

[stockstradr]

I’m with Chris_Scoreboard that the 770% (or 570% or whatever) profit claim might more accurately describe the percentage increase in bullshit postings in this forum since Oct ’07.!

This very thread has seen a good appreciation in the level of BS postings!

And I had better acknowledge my claim of +20% was a guess, and I have to admit I didn’t pull off that 20% appreciation soley on trades that were all round-tripped within in the last three weeks.

For example, let’s look at one collection of puts against the NASDAQ, and S&P500, that I collected over the last 12 months. I just sold all those to close.

I just now put those into the spreadsheet and confirmed an aggregate net (including commission cost in/out) gain of 21% across all those closed option trades. How much was initially invested on that set of puts? Total initial cost was $24,437, which frankly is a lot of options for a light trader like me to be buying. Obviously I consider that amount to be “throw-away” money relative to my overall retirement portfolio because when you buy options you gotta be ready to lose every cent!

My biggest mistake on that collection of puts came with two of the positions purchased too early at original cost of $5000 (JAN08 QQQ strike at 42, and 44) both of which are now totally worthless, expiring in matter of few days. If I had only broke even on those two I would have made ten grand on the original twenty-five grand, a more respectible gain. The worst part is during the low lows of March ’07, those two options were UP about 25% (on paper in my account), and I didn’t sell them. (oops!)

Frankly, I’m not proud of making 20% return on that overall collection of options (held that long) because the risk was so high relative to that return.

I’m not a trader by profession. I’m just an engineer who makes trades weekly or monthly as a hobby.

[stockstradr]

I’m with Chris_Scoreboard that the 770% (or 570% or whatever) profit claim might more accurately describe the percentage increase in bullshit postings in this forum since Oct ’07.!

This very thread has seen a good appreciation in the level of BS postings!

And I had better acknowledge my claim of +20% was a guess, and I have to admit I didn’t pull off that 20% appreciation soley on trades that were all round-tripped within in the last three weeks.

For example, let’s look at one collection of puts against the NASDAQ, and S&P500, that I collected over the last 12 months. I just sold all those to close.

I just now put those into the spreadsheet and confirmed an aggregate net (including commission cost in/out) gain of 21% across all those closed option trades. How much was initially invested on that set of puts? Total initial cost was $24,437, which frankly is a lot of options for a light trader like me to be buying. Obviously I consider that amount to be “throw-away” money relative to my overall retirement portfolio because when you buy options you gotta be ready to lose every cent!

My biggest mistake on that collection of puts came with two of the positions purchased too early at original cost of $5000 (JAN08 QQQ strike at 42, and 44) both of which are now totally worthless, expiring in matter of few days. If I had only broke even on those two I would have made ten grand on the original twenty-five grand, a more respectible gain. The worst part is during the low lows of March ’07, those two options were UP about 25% (on paper in my account), and I didn’t sell them. (oops!)

Frankly, I’m not proud of making 20% return on that overall collection of options (held that long) because the risk was so high relative to that return.

I’m not a trader by profession. I’m just an engineer who makes trades weekly or monthly as a hobby.

[Author]

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