Elkart's Posts - Page 3

Reasonable monthly/ annual returns in Experienced Traders Oct 26, 2010 at 19:54

I meant this Chang: http://www.drinkhacker.com/wp-content/uploads/2008/08/chang-beer.jpgI won the Chang lottery. Almost put me in hospital. There's something in it that builds up in your body. You have that extra one the fist of god comes down on you. Swore I'll never touch the stuff again.As for the forums, I'd pretty much given up on them. Which is why I didn't bother with keeping an identity. I wasn't really going to post, but doing the API I had a few questions on O and I been adding here while I used the site for stats, which I don't anymore. The stats wont help m...

Reasonable monthly/ annual returns in Experienced Traders Oct 26, 2010 at 19:22

Lol - Why wouldn't I be here? I think was the first person here. I still have system Nr. 4. I think the other 3 were their testers. By the time FXbook came along I was considering writing analysis EA's to find out what was going on in my accounts. All I did all day was spreadsheets. Sprinted over here fast as I could type.In my experience if you do well the money will find you. It is true that yours will disappear in all the noise. Got systems here doing gazillions month, but the clever investor will look past that, they know better. And ideally that's the investor you want, not th...

Reasonable monthly/ annual returns in Experienced Traders Oct 26, 2010 at 18:52

Who ever told you that isn't enough is completely unrealistic.And any fund or trader who does more than that doesn't really require clients. In fact clients quickly become a disadvantage. Where you're at is as good as it gets for investors.

Reasonable monthly/ annual returns in Experienced Traders Oct 26, 2010 at 18:41

Talking a lot doesn't mean I know better. But Buffet does about 30% per annum. You're beating that by a factor of 2. Thing is not to listen to other people with their own agendas. I assure you your bank manager isn't. It might be possible to go faster, but not by much and definitely not manually. So you just putter along. For the record, I'm GrimFd.

Reasonable monthly/ annual returns in Experienced Traders Oct 26, 2010 at 18:05

5% A month compounds to 70% per year. Double what the second richest man in the world does. I suspect the dude who told you it's to not enough isn't a trader and probably signed onto whoever is the best con out there.Don't worry about it. You're doing just fine.

Another suggestion about "vouching" and banning "trouble makers". in Suggestion Box Oct 24, 2010 at 05:40

Shrug - Believe it or don't, I don't care what you think.

Wanna be profitable? Start by choosing the right broker in General Oct 19, 2010 at 16:09

I think O does so well as they attract a more professional trader. That API fee keeps the riff-raff out. So you only go do it when you're sure you got a system. And the barrier to entry in terms of cost of program development is much higher. So generally the people who are successful already will go to O for all the other benefits, faster executions, good client service, reputation and so on...What is amazing, is were looking at less than 100 000 fx traders globally, even less than I thought. Very small pool.

Another suggestion about "vouching" and banning "trouble makers". in Suggestion Box Oct 18, 2010 at 12:14

Nothing wrong with it, actually incredibly skilled task, especially underwater. I seen how the guys struggle in the fireline when we're laying pipe. Bit of dust and the weld is condemned. Zero's just seems to think he is better than people that happen to be able to weld. So he's better because he can't weld. I don't quite follow his logic I must admit. Of course your average welder can afford a $5 keyboard, which he can't.

Another suggestion about "vouching" and banning "trouble makers". in Suggestion Box Oct 18, 2010 at 04:55

Not a job for keyboard jockey like you..."RisksThe risks of underwater welding include the risk of electric shock to the welder. To prevent this, the welding equipment must be adaptable to a marine environment, properly insulated and the welding current must be controlled. Commercial divers must also consider the safety issues that normal divers face; most notably, the risk of decompression sickness following saturation diving due to the increased pressure of inhaled breathing gases.[6] Another risk, generally limited to wet underwater welding, is the buildup of hydrogen and oxygen pocket...

Another suggestion about "vouching" and banning "trouble makers". in Suggestion Box Oct 18, 2010 at 03:51

I don't weld Zero,Only allowed in exceptional conditions because it's so dangerous. Trapped gasses, sparks and hydrocarbons are no good. Now days they put down an special environment for it so you weld dry, at depth in gasses they specify, it's an extremely well paid specialty. http://en.wikipedia.org/wiki/Hyperbaric_weldingBit more to sub-sea welding than you thought about, just the same as fx. I did gigantic sub sea Lego. But as you know now days I trade forex via API. Diving days are over.

Another suggestion about "vouching" and banning "trouble makers". in Suggestion Box Oct 17, 2010 at 20:12

I don't manage funds Zero nor am I interested in having my funds managed. I don't believe I made one trading related comment in that thread. Need to read stuff Zero. Don't just browse past, or you'll never get it. Back to you.

Another suggestion about "vouching" and banning "trouble makers". in Suggestion Box Oct 17, 2010 at 19:49

In a private chat or forum, sure, everyone has a right to block, but not a public one. This forum has an economic agenda and the only people really with a vote is the people who went to the hassle (expense) of creating it.

Another suggestion about "vouching" and banning "trouble makers". in Suggestion Box Oct 17, 2010 at 10:13

Bit off topic, but it's called lending power to people. If someone says for example you're and idiot, you can do one of two things. You can believe them or you don't. If you do believe them it means you have given their opinion power and let them affect how you see yourself. This is very important socially as we evaluate ourselves based on the feed back we get from others. So you either go through life thinking you're an idiot, or you end up fighting with people who call you an idiot. I just shortcut the whole process. I don't give a hoot who thinks what. Just doesn't m...

Another suggestion about "vouching" and banning "trouble makers". in Suggestion Box Oct 17, 2010 at 09:58

Nothings perfect hey. Korban, If you're not a scam then don't worry about people calling you a scam. You never know where that guy is coming from. He might have a personality disorder or something. Just doesn't matter what people call you. As long as you know better. Readers will decide for themselves, and so life goes...Just don't get hung up on someones opinion about you. In the end it's the universe that decides. If someone was meant to become a client they will, whether you're called a scam or not by some nut job who can't cope in life. Most of the time the crit...

Another suggestion about "vouching" and banning "trouble makers". in Suggestion Box Oct 17, 2010 at 09:34

Look, I've been told by fxbook to relax a while ago, if someone really irritates you just let fxbook know, if there is enough complaints they'll deal with it, but we can't allow any type of system that interferes with anyone's ability to say what they think, that's the most fundamental underlying principal of successful societies. Wouldn't help the community to have a small dominant like minded group of people on the forum. Then most other people will bugger off and we'll all sit here showing our systems to ourselves. Need to give readers credit as well. They see so...

Another suggestion about "vouching" and banning "trouble makers". in Suggestion Box Oct 17, 2010 at 09:22

Free speech. Everyone is entitled to an opinion whether to thread starter likes it or not. If we start censoring stuff were going backwards. North Korea is big on that. Just comes with the territory. If you put your system out there you're going to get heat, and the best thing to do is then prove you know what you're doing by the dialogue that follows.

Setting minimum vouch for commenting in a system´s thread in Suggestion Box Oct 17, 2010 at 03:20

I think it's a bad idea. Slippery slope guys. Now the con can control his own thread. To a degree anyway. If you're going to post a system you have to be prepared to be challenged. It's through the process of challenge that you can have the dialogue that proves you know what you're doing.

Another suggestion about "vouching" and banning "trouble makers". in Suggestion Box Oct 16, 2010 at 20:05

Won't take much for a multiple identity con to go after legitimate analysis. Very slippery slope. Bad idea.

Brokers for US Residents in Experienced Traders Oct 16, 2010 at 10:05

They won't do it, cause to much harm to them. China is always a failed harvest, or economic disaster away from a complete regime change. And they know it to. They were worried at 6% growth already that they'll have social unrest. I think everyone is being really careful at the moment. But the US has to devalue the dollar.

Brokers for US Residents in Experienced Traders Oct 16, 2010 at 10:00

"One of the major advantages of utilising a Hong Kong company is that there is no immediate suggestion that the company is a tax avoidance vehicle as Hong Kong is major trading entity in its own right. Hong Kong is the world’s eighth largest trading economy calculated in terms of total value of trade undertaken. It is the world’s seventh largest importer and the world’s ninth largest exporter and the vast majority of the 50,000 Hong Kong companies incorporated annually are local trading companies doing real business in the region. Additionally, Hong Kong does not appear ...

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