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Chris Scoreboard Johnston
ParticipantThis 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
ParticipantThis 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
ParticipantThis 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
ParticipantThis 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.
January 1, 2008 at 6:30 PM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127416Chris Scoreboard Johnston
ParticipantNothing I have said is advice, it is commentary on a blog. I was simply telling someone who seemed to want to be less exposed, how to accomplish it in a 401k, nothing more. My clients get my advice, which for the official record was a profit of over $34,000 per contract in 2007, that is per contract and is audited! If you want to compete with me, my question to you is do you have anything that can rival that? I suspect you are some loudmouth who makes a lucky trade here and there but net loses.
To recommend inverse funds for the average Joe is irresponsible, but I think most people can see from what they read from you that you are full of it. Inverse funds are not available in 401k funds, anyone who knows anything at all knows that. 401k funds specifically try to discourage short term trading, and if you were in the busines you would be aware of that.
However, since you know it all, I will leave all the trading commentary to you.
Thanks for giving me the half right billing, I something to aspire to in getting the other half.
January 1, 2008 at 6:30 PM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127578Chris Scoreboard Johnston
ParticipantNothing I have said is advice, it is commentary on a blog. I was simply telling someone who seemed to want to be less exposed, how to accomplish it in a 401k, nothing more. My clients get my advice, which for the official record was a profit of over $34,000 per contract in 2007, that is per contract and is audited! If you want to compete with me, my question to you is do you have anything that can rival that? I suspect you are some loudmouth who makes a lucky trade here and there but net loses.
To recommend inverse funds for the average Joe is irresponsible, but I think most people can see from what they read from you that you are full of it. Inverse funds are not available in 401k funds, anyone who knows anything at all knows that. 401k funds specifically try to discourage short term trading, and if you were in the busines you would be aware of that.
However, since you know it all, I will leave all the trading commentary to you.
Thanks for giving me the half right billing, I something to aspire to in getting the other half.
January 1, 2008 at 6:30 PM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127587Chris Scoreboard Johnston
ParticipantNothing I have said is advice, it is commentary on a blog. I was simply telling someone who seemed to want to be less exposed, how to accomplish it in a 401k, nothing more. My clients get my advice, which for the official record was a profit of over $34,000 per contract in 2007, that is per contract and is audited! If you want to compete with me, my question to you is do you have anything that can rival that? I suspect you are some loudmouth who makes a lucky trade here and there but net loses.
To recommend inverse funds for the average Joe is irresponsible, but I think most people can see from what they read from you that you are full of it. Inverse funds are not available in 401k funds, anyone who knows anything at all knows that. 401k funds specifically try to discourage short term trading, and if you were in the busines you would be aware of that.
However, since you know it all, I will leave all the trading commentary to you.
Thanks for giving me the half right billing, I something to aspire to in getting the other half.
January 1, 2008 at 6:30 PM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127656Chris Scoreboard Johnston
ParticipantNothing I have said is advice, it is commentary on a blog. I was simply telling someone who seemed to want to be less exposed, how to accomplish it in a 401k, nothing more. My clients get my advice, which for the official record was a profit of over $34,000 per contract in 2007, that is per contract and is audited! If you want to compete with me, my question to you is do you have anything that can rival that? I suspect you are some loudmouth who makes a lucky trade here and there but net loses.
To recommend inverse funds for the average Joe is irresponsible, but I think most people can see from what they read from you that you are full of it. Inverse funds are not available in 401k funds, anyone who knows anything at all knows that. 401k funds specifically try to discourage short term trading, and if you were in the busines you would be aware of that.
However, since you know it all, I will leave all the trading commentary to you.
Thanks for giving me the half right billing, I something to aspire to in getting the other half.
January 1, 2008 at 6:30 PM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127680Chris Scoreboard Johnston
ParticipantNothing I have said is advice, it is commentary on a blog. I was simply telling someone who seemed to want to be less exposed, how to accomplish it in a 401k, nothing more. My clients get my advice, which for the official record was a profit of over $34,000 per contract in 2007, that is per contract and is audited! If you want to compete with me, my question to you is do you have anything that can rival that? I suspect you are some loudmouth who makes a lucky trade here and there but net loses.
To recommend inverse funds for the average Joe is irresponsible, but I think most people can see from what they read from you that you are full of it. Inverse funds are not available in 401k funds, anyone who knows anything at all knows that. 401k funds specifically try to discourage short term trading, and if you were in the busines you would be aware of that.
However, since you know it all, I will leave all the trading commentary to you.
Thanks for giving me the half right billing, I something to aspire to in getting the other half.
January 1, 2008 at 8:37 AM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127147Chris Scoreboard Johnston
ParticipantMost 401k’s should have a SP 500 Index fund or something close, and a guaranteed fund, which is mostly bonds. You can always move into bonds during uncertain periods, and into the SP 500 or equivalent fund during good periods.
Unfortunately, alot of 401k’s are not allowing people to move around alot like this nowadays, so if you make allocation changes, be prepared to sit in your new allocation for awhile, and also be questioned for being a market timer.
They (PPT) are again trying to rig the market to go up by stopping people from timing things. However, it is what it is so be aware of it going in.
January 1, 2008 at 8:37 AM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127307Chris Scoreboard Johnston
ParticipantMost 401k’s should have a SP 500 Index fund or something close, and a guaranteed fund, which is mostly bonds. You can always move into bonds during uncertain periods, and into the SP 500 or equivalent fund during good periods.
Unfortunately, alot of 401k’s are not allowing people to move around alot like this nowadays, so if you make allocation changes, be prepared to sit in your new allocation for awhile, and also be questioned for being a market timer.
They (PPT) are again trying to rig the market to go up by stopping people from timing things. However, it is what it is so be aware of it going in.
January 1, 2008 at 8:37 AM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127318Chris Scoreboard Johnston
ParticipantMost 401k’s should have a SP 500 Index fund or something close, and a guaranteed fund, which is mostly bonds. You can always move into bonds during uncertain periods, and into the SP 500 or equivalent fund during good periods.
Unfortunately, alot of 401k’s are not allowing people to move around alot like this nowadays, so if you make allocation changes, be prepared to sit in your new allocation for awhile, and also be questioned for being a market timer.
They (PPT) are again trying to rig the market to go up by stopping people from timing things. However, it is what it is so be aware of it going in.
January 1, 2008 at 8:37 AM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127385Chris Scoreboard Johnston
ParticipantMost 401k’s should have a SP 500 Index fund or something close, and a guaranteed fund, which is mostly bonds. You can always move into bonds during uncertain periods, and into the SP 500 or equivalent fund during good periods.
Unfortunately, alot of 401k’s are not allowing people to move around alot like this nowadays, so if you make allocation changes, be prepared to sit in your new allocation for awhile, and also be questioned for being a market timer.
They (PPT) are again trying to rig the market to go up by stopping people from timing things. However, it is what it is so be aware of it going in.
January 1, 2008 at 8:37 AM in reply to: Last day of trading in 2007 brings a 100 pt loss for the DOW #127410Chris Scoreboard Johnston
ParticipantMost 401k’s should have a SP 500 Index fund or something close, and a guaranteed fund, which is mostly bonds. You can always move into bonds during uncertain periods, and into the SP 500 or equivalent fund during good periods.
Unfortunately, alot of 401k’s are not allowing people to move around alot like this nowadays, so if you make allocation changes, be prepared to sit in your new allocation for awhile, and also be questioned for being a market timer.
They (PPT) are again trying to rig the market to go up by stopping people from timing things. However, it is what it is so be aware of it going in.
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