Australian (ASX) Stock Market Forum

Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

$5 loss with 10k shares. Wiped out $50k in a few hours. On a leveraged account trading CFDs. Would suck, although it was just paper trades anyway.

Well done Alvin. Let's see what you come up with next.

Actually, the loss was $51,000 of real money.

And I have just explained two posts ago what I will do next.
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

His trades might not be real, but if they were and he was trading with 500k of CFDs for an interest of 5 million, if you assume someone did proper risk management, their trading account size would be quite large (you would think at least 20 million). In such a case 50k loss in one night would be negligible relative to the account. It would be like someone putting $500 on a CFD for a 10k exposure losing 50 bucks. Not a big deal.

I would like to be at the point where 50k is the same as 50 bucks though:p

Those trades are very real. I have just lost $51,000 of real money.

But, and that is the important part, I have a plan to get that money back and end up with a bigger profit. I have set out this plan three posts ago.

No, you don't have to have a $20 million account to trade like this. After all, only about $50k was at risk.
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

This was his past trade apparently. In 4 months he went from making trades with share value of $54 830 to $54 800 000. Very believable.

Getting stopped out in a few hours right after trade entry, very good (paper) trading system.

You see, minwa, not every trade has to be the same size. My Sandisk trade was a lot smaller because I was not as confident. I have a lot more confidence in AAPL.

So I got stopped out after a few hours. So what? It means I can now enter the trade at a lower price. Simple.
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

Alvin is such a great trade he never ever lose money, even on a paper trade.

He will come back and say something like he saw the intraday breakdown and moved his stop to breakeven. He also sold some options and collected the premium.

Don't you guys get it?! Alvin NEVER loses on any trade.

P.S. You might question the fact that he went to bed and couldn't have done that... but he only went to bed in "sim" as well.

No, I never said that I never lose money. I said that I have never had a losing month. And even though I am down a little bit in January, I am sure that I will end the month with a profit.

No, I didn't see the intraday breakdown because I was fast asleep at 5.50 a.m. Even if I had been awake, I couldn't have done anything to avoid a loss. There was no "breakeven" possible because I hadn't sold any call options yet.

Don't you guys get it? Alvin sometimes loses on a trade, but he has never had a losing month.

And I don't do anything in "sim", especially in bed.
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

No, I never said that I never lose money. I said that I have never had a losing month. And even though I am down a little bit in January, I am sure that I will end the month with a profit.

No, I didn't see the intraday breakdown because I was fast asleep at 5.50 a.m. Even if I had been awake, I couldn't have done anything to avoid a loss. There was no "breakeven" possible because I hadn't sold any call options yet.

Don't you guys get it? Alvin sometimes loses on a trade, but he has never had a losing month.

And I don't do anything in "sim", especially in bed.

Claims which have never been substantiated, never having the integrity and cahonies like pure silk.

IOW => BS
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

OK, pre-market trading opened a few minutes ago and I bought 10000 AAPL CFDs at $542.00, S/L is set at $537.00

Now we just have to wait and see.
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

Same but i purchased 50000 AAPL CFDS.:p:

Same, and if I lose, I will just buy double that on the next trade. Martingale works because I have unlimited money.

Oh and here's the "proof", just like Alvin's.

__________________________________________________ _________________________________

This message is to confirm that you have placed the following trade:

Date: 21 JAN 2013
Reference: AAPLAAASDRETWYT
Size: Buy 50000.0000 shares to open
Market: Apple Inc. CFD
Level: 542.00

If you have any questions, please contact our Helpdesk on the details below.

__________________________________________________ __________________________________
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

Me & Alvin are going to retire after this trade. :D

Since you are in the same trade you will be retiring with us ;)
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

Same, and if I lose, I will just buy double that on the next trade. Martingale works because I have unlimited money.

Oh and here's the "proof", just like Alvin's.

__________________________________________________ _________________________________

This message is to confirm that you have placed the following trade:

Date: 21 JAN 2013
Reference: AAPLAAASDRETWYT
Size: Buy 50000.0000 shares to open
Market: Apple Inc. CFD
Level: 542.00

If you have any questions, please contact our Helpdesk on the details below.

__________________________________________________ __________________________________

Oh minwa!!! This is too funny for quids.

Your "BROKER'S Statement" is obviously a fake. What an idiot!!!

If you are going to fabricate a statement, get at least the date right!!! This is 2014, not 2013

ROTFLMBO

It just goes to show how screwed up you are. Proof positive. Hahahahahahahahahahahahahahahahahahaha

I can't stop laughing.

Apart from that, the code is wrong.

So, to all of you who are now claiming to have bought AAPL CFDs in varying numbers, all I can say is that imitation is the most sincere kind of flattery.

And, no, Martingale does not work, and I don't have unlimited amounts of money. But I can stand a loss of $51k, but not too often, of course.

I wonder if the moderators of this forum will take notice of your obvious fake broker's statement. I think there are some rules about posting bogus statements, aren't there?
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

I wonder if the moderators of this forum will take notice of your obvious fake broker's statement. I think there are some rules about posting bogus statements, aren't there?

None apparently, otherwise you wouldn't be posting right now, would it ? ;)
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

Oh minwa!!! This is too funny for quids.

Your "BROKER'S Statement" is obviously a fake. What an idiot!!!

If you are going to fabricate a statement, get at least the date right!!! This is 2014, not 2013

ROTFLMBO

It just goes to show how screwed up you are. Proof positive. Hahahahahahahahahahahahahahahahahahaha

I can't stop laughing.

Apart from that, the code is wrong.

So, to all of you who are now claiming to have bought AAPL CFDs in varying numbers, all I can say is that imitation is the most sincere kind of flattery.

And, no, Martingale does not work, and I don't have unlimited amounts of money. But I can stand a loss of $51k, but not too often, of course.

I wonder if the moderators of this forum will take notice of your obvious fake broker's statement. I think there are some rules about posting bogus statements, aren't there?
Finally Alvin admits that imitations of bogus broker's statements and unsubstantiated claims are direct copies of what he's been doing here.
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

saroq, you are getting lamer and lamer.

What is bogus about announcing a trade well in advance and then reporting on it until it comes to its successful conclusion?

You are not making any sense whatsoever..

Why am I not surprised?
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

OK, pre-market trading opened a few minutes ago and I bought 10000 AAPL CFDs at $542.00, S/L is set at $537.00

Now we just have to wait and see.

Have just moved the S/L to $547.50 which is slightly better than B/E, allowing for a bit of slippage just in case. Pre-Market AAPL is at $550.80 and rising.
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

How much you in profit $ now? :rolleyes:;)

Why do you ask?

Can't you see that I have not made any real money yet. Have barely broken even as I got stopped out again early this morning at $547.50.

Bought back 10000 APPL CFDs (just as I always do) at $546.50, with S/L at $541.50 and am now just sitting back to see what happens.
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

Have just moved the stop loss to $547.00 which is slightly better than breakeven (just in case) AAPL is at $551.00
 
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

What a bugger! Got stopped out again at $547.00 with a small profit. Bought back 10000 AAPL CFDs at $546.60 with the S/L at $541.60. Now I just have to wait for the Earnings Report.
 
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