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compuforexpamm (compuforexpamm)
Aug 29 2010 at 21:09
265 posts
Ya, I feel I have to chip in here......

Sam, everybody here is trying to give things a go and sometimes people are going to comment on your system or trading. If you cannot deal with that then I don't know how you deal with trading for other people.

Given the level of information you have posted, your response to Paul was WAY out of line. Frankly the history you post here is a joke. Nobody cares that you had some difficulties with highly leveraged positions....you managed to wipe out 35% of your account in the first month.....and then you shoot your mouth off like some trailer trash when you get called up on it. I'm sorry, but I think you need a healthy dose of humility.

Sam, you need to realise that you have elected to make your results public on an open forum where they will be scrutinised and remarked upon. I have reviewed what Paul said......and there was nothing incorrect or inflammatory about his remarks. The results published so far do show a decided lack of risk control. In fact, if you were a halfway decent trader you would acknowledge this instead of flaming people who state the obvious.

Wealth Creation Through Technology
smoore54321 (smoore54321)
Aug 29 2010 at 22:18
9 posts
Gil, Your such a looser to waste peoples time trying to earn a buck on “Managed Accounts” in which the person has ultimate control. I think the SEC has more to worry about then someone trying to find work and start something on a small scale. I am not a fund nor do I care, I trade FX you dumb ox of an idiot, Last I checked the CFTC website the licensing requirements have not been implemented either. There is no REG D offering since I am not starting a fund nor do I wish to you moron. I am looking to work for investors and I get compensated for profits on a monthly basis. I said my returns were “Consistent” not that I never would have a loosing month either. I am giving so much for an investor to watch my live performance on this site. Something that most traders or manager would never do!
 My track history will show this as the months go on. Go hunt for people on craigslist or something trying to take hard earned investors capital where they don’t know where the F*CK there money is. Where there is NO “Transparency”. There are 100 other berney madoffs out there where our hard earned tax dollars can be spent getting those criminals you FREAK! Go bless another post and craigslist where everyone wants your money and not show you what the heck is going on with it!

smoore54321 (smoore54321)
Aug 29 2010 at 22:22
9 posts
By the way, I take it personal because I am passionate about what I do. Because I love to trade and trading is what I do best. I feel I am the best and I think you need that attitude in life. We all have learned lessons from trading and has taught me alot. One thing I hate is when someone knocks somebody down. Its kind of sickening. Like I said in the post before Message me privately if you have nothing nice to say at all. Cheers everyone! Talk next Saturday. I am back to trading!

bluemele
Aug 30 2010 at 04:57
272 posts
Sam,

Good luck! I truly do wish you the best on your trading. I only hope you do as well as you say. I was not intending to knock you down, nor send anything negative, but more of a dose of 'be cautious' than anything.

You sound somewhat 'young' in relation to what you are trying to do which is never bad! It is always good to push the envelope. I just hope you remember that when you do, others will be doing it with you. Life is long, Money is always possible, but some mistakes are never erasable. I have been part of investments where my decisions have cost millions. It is an unsettling feeling to 'ruin' some people financially even though they weren't supposed to be risking that much. (Real Estate)

It has changed my perspective many times over and I hope you don't have to ever feel that!

Keep us posted on your success!

Gil

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
Elkart
Elkart
Aug 30 2010 at 05:23
941 posts
I think many people try be money managers well before they should.

-35%, sorry Sam, doesn't matter why you lost it. It's to much. You're trading to heavy to be long term sustainable. What if the same things happen next month?

smoore54321 (smoore54321)
Aug 30 2010 at 05:39
9 posts
Thanks Gil, Paul, Kenny and Elkart. Lets just see what happens in the next 12 months. This is a 365 day journey and I have these 2 accounts plus 3 more that will post which those will be averaging anywhere from 1-15% monthly. All different trading styles, Different types of aggressiveness depending on the suitability of the investor. I would not suggest hi returns on a monthly basis for someones life savings. Its bed time for me and the trading Sunday was dead! Have a good evening or morning or afternoon depending on where you live. CHEERS!

Elkart
Elkart
Aug 30 2010 at 05:52
941 posts
I was going to say something, but never mind. I'll just mind me own bee's wax...

bluemele
Aug 30 2010 at 12:47
272 posts

Elkart posted:
    I was going to say something, but never mind. I'll just mind me own bee's wax...


Yah, I feel the same way. haha... Although, I thought the Sunday session was quite good! haha... I am up quite a bit on all my accounts for a SUNDAY! :) I wish all Sunday's could be this bad. :)

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
AliaDare
Aug 14 2020 at 10:38
519 posts
An investor should first look at what kind of broker he is trading at. Because the broker causes the profit and loss of a trader. I used to trade at a broker whose broker kept their spreads very high during the Sydney session due to which if I opened the trade at that time I would lose profit movement to cover the spread charge. For these reasons, I would often face losses. I am very fortunate to have a reliable and very useful trading broker called Eurotrader. As a trader, I always gather information from this broker.

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