Daniel Kertcher/Trading Pursuits - Serious or Scam?

[cynic]

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

Well Alvin, wherever you may be, how do ya like dem AAPLs?

 

[Judd]

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

Alvin, will we ever see your smiling face again?

 

[wayneL]

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

Alvin, will we ever see your smiling face again?

I hear he is being interviewed for the script of a new rogue trader movie.... That trade may not have broke Barings bank, but I reckon it certainly broke Alvin's bank.

 

[Alvin Purple]

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

Alvin, will we ever see your smiling face again?

Of course, you will. I am right here for all to see.

I know you all were waiting for me to blow up my (considerable) account. Sorry to disappoint you but that didn't happen.

For the last three months I have been busy (well, sort of busy) playing with Apple, by far the biggest and best company in the world.

If the definition of insanity is doing the same thing over and over again and expecting different results, then I must be sane after all. Because I am doing the same thing over and over again, but I am always expecting the same result, and that is making a profit.

You all know what I've been doing and I have been doing exactly that over the last three months. As I said back in January, I buy 10000 AAPL CFDs, place the GSL and sit back and see what happens. I did that 11 times since I last posted here and this is what happened:

Bought at $495, sold at $512
Bought at $513, sold at $535
Bought at $536, sold at $545
Bought at $540, got stopped out at $537
Bought at $517, sold at $536
Bought at $535, got stopped out at $532
Bought at $528, sold at $544
Bought at $536, sold at $542
Bought at $531, got stopped out at $528
Bought at $517, sold at $531

And then, yesterday I had great expectations for an excellent Earnings Report and I was not disappointed.

Bought at $525 and sold at $567

You all have access to the same charts as I, so you can easily check the results.

As usual, I am expecting a lot of comment from you guys and girls. I am used to getting a lot of attention whenever I appear in public. Nothing fazes me.

I may post again in three months time, unless I see a really good comment that warrants an earlier reply.

Yours very truly,

Alvin Purple

 

[hhse]

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

I'll emphasise again... don't waste your money with this course.

There are real educators out there "cough" ... Tom Sosnoff ... "cough" who has created Free online networks and resources which deliver the information to you free and also offer a much more thorough and transparent educational system.

I won't mention any sites or anything, as it may be against forum rules, but don't be dumb or stupid and go wasting your money on courses such as these in our era where information is so readily available.

Thank me later when you see what I'm talking about ... and if you wan't to talk about trades, we can chat on Skype I only trade U.S options... would dab in ASX on odd occasion if opportunity presents itself.

 

[Joe Blow]

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

I did that 11 times since I last posted here and this is what happened:

Bought at $495, sold at $512
Bought at $513, sold at $535
Bought at $536, sold at $545
Bought at $540, got stopped out at $537
Bought at $517, sold at $536
Bought at $535, got stopped out at $532
Bought at $528, sold at $544
Bought at $536, sold at $542
Bought at $531, got stopped out at $528
Bought at $517, sold at $531

And then, yesterday I had great expectations for an excellent Earnings Report and I was not disappointed.

Bought at $525 and sold at $567

Alvin, given that there is so much skepticism about your motives and the truthfulness of your claims, I feel it is no longer appropriate for hindsight trades to be posted in this thread.

If you wish to post trades you will have to do so live, which means within 10 minutes of taking the trade.

This is the only way others can verify your claims and those reading this thread can be sure that you are being honest.

 

[Alvin Purple]

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

My Dear Joe Blow,

if you care to go back to January, you will see that I set out in detail exactly what I was going to do, well before I placed the trades. Then I reported live as the trades were progressing, the good, the bad and the ugly.

I would have thought that anybody with a basic understanding of trading would be able to follow the trades as they were progressing. Every trade I placed in the last three months was the same: I bought 10000 AAPL CFDs and the result was either a stopout with a small loss or a sale at a higher price when there was a good profit to be had.

I did the same a little time ago today. Bought 10000 AAPL CFDs at $564.00, S/L at $561.00 and will probably take profit at $571.00.

Anybody can follow the trade as it is unfolding right now.

No doubt somebody will call it a hindsight trade. This does not worry me in the slightest as I will be too busy celebrating my win with my friends.

 

[minwa]

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

Of course, you will. I am right here for all to see.

I know you all were waiting for me to blow up my (considerable) account. Sorry to disappoint you but that didn't happen.

For the last three months I have been busy (well, sort of busy) playing with Apple, by far the biggest and best company in the world.

I may post again in three months time, unless I see a really good comment that warrants an earlier reply.

Yeah your account cannot blow up because all demo accounts have the reset account balance button.

Apple is the 15th biggest company in the world, "by far" NOT the biggest company in the world, don't know what world you're living in. http://www.forbes.com/global2000/list/

Also your system is pretty pathetic, my system bought Apple @ $3.48 in 1984 and sold at $705.07. Don't beleive me ?? You all have your charts, you can easily check the results !

 

[wayneL]

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

We all saw what happened when truly live (purported) trades were posted, this clown had his a55 handed to him... a catastrophic loss...

Only the most asinine and gullible mug would believe the latest hindsight fabrication.

 

[Judd]

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

We all saw what happened when truly live (purported) trades were posted, this clown had his a55 handed to him... a catastrophic loss...

Only the most asinine and gullible mug would believe the latest hindsight fabrication.

Um, so I take it you doubt the veracity of AlvinP? cough* cough*

 

[Alvin Purple]

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

So, who said ASIC and AFP have no teeth?



Two Arrested Over Insider Trading Scam



A Melbourne bank officer and a Canberra public servant have been arrested over an alleged $7 million insider trading operation.

Australian Federal Police allege National Australia Bank employee Lukas Kamay obtained market sensitive information from a friend who worked at the Australian Bureau of Statistics.

Kamay, 26, of Clifton Hill, appeared in Melbourne Magistrates Court on Friday afternoon and was granted bail with sureties of $500,000 and barred from trading on any Australian financial market.

Charge sheets tendered to the court allege that Kamay offered ABS employee Christopher Russell Hill, 24, of Belconnen in the ACT, between $50,000 and $60,000 to provide confidential information.

He was ordered to surrender his passport and will face the same court in August. He has been sacked by the NAB.

Kamay used the information to predict fluctuations in the Australian dollar, the AFP says.

He faced seven charges relating to the use of insider information and corrupting a public official.

The activity - which generated about $7 million in profits - occurred between August last year and this month, AFP acting assistant commissioner Ian McCartney said.

The NAB stressed the charges do not relate to Kamay's work at the bank.

"No NAB money or no NAB customer money is involved. No NAB systems have been involved in any trading and no other NAB employee is involved," the bank said in a statement.

The AFP executed eight search warrants and seized assets in Melbourne and Canberra on Friday.

Hill is due in court in Canberra on Saturday facing insider trading, corruption and abuse of public office charges.

The investigation was a joint operation with the AFP and Australian Securities and Investments Commission.

 

[cynic]

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

So, who said ASIC and AFP have no teeth?
...

I cannot comment on AFP, however, I believe that many thousands of disgruntled former investors of the proliferation of dubious financial products, services and institutions within Australia, have ample cause for complaint about ASIC's woefully inadequate performance to date.

P.S. I'm so glad to see that you didn't drown in one of your "dark pools" or choke on your "AAPL" cider, as your posts to date have been of sufficient hilarity to prove most entertaining.
Have you ever considered giving up investing to pursue a career in "stand up" comedy?

 

[Alvin Purple]

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

I'm so glad to see that you didn't drown in one of your "dark pools" or choke on your "AAPL" cider, as your posts to date have been of sufficient hilarity to prove most entertaining.
Have you ever considered giving up investing to pursue a career in "stand up" comedy?

Dear cynic and WayneL,

why would I want to give up investing?

Apart from the small loss I suffered one day back in January, I have made consistent profits as AAPL moved from $495 up to $601. I simply bought at the "dips" and sold at the "peaks", just as it says in "Investing 101".

And, WayneL, the loss I suffered in January may be "catastrophic" to you, but it is far from catastrophic for me.

Only last night I bought more AAPL CFDs at the low point of $584, with a S/L at $581 and a minimum T/P at $590 which I may move higher if AAPL rallies strongly next week.

I am glad you find my posts amusing, cynic (and others, I hope), but nothing is as satisfying as looking at my account balance every time I sell my AAPL CFDs at a profit.

Yours very truly,

Alvin Purple

 

[cynic]

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

Thanks for your reply Alvin.

Alvin, given that there is so much skepticism about your motives and the truthfulness of your claims, I feel it is no longer appropriate for hindsight trades to be posted in this thread.

If you wish to post trades you will have to do so live, which means within 10 minutes of taking the trade.

This is the only way others can verify your claims and those reading this thread can be sure that you are being honest.

Dear cynic and WayneL,

why would I want to give up investing?

Apart from the small loss I suffered one day back in January, I have made consistent profits as AAPL moved from $495 up to $601. I simply bought at the "dips" and sold at the "peaks", just as it says in "Investing 101".

And, WayneL, the loss I suffered in January may be "catastrophic" to you, but it is far from catastrophic for me.

Only last night I bought more AAPL CFDs at the low point of $584, with a S/L at $581 and a minimum T/P at $590 which I may move higher if AAPL rallies strongly next week.I am glad you find my posts amusing, cynic (and others, I hope), but nothing is as satisfying as looking at my account balance every time I sell my AAPL CFDs at a profit.

Yours very truly,

Alvin Purple

Noting the sections that I've taken the liberty of bolding within the above posts, I was wondering what part of "If you wish to post trades you will have to do so live, which means within 10 minutes of taking the trade." proved too difficult for Alvin to understand?

 

[Alvin Purple]

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

Apple is the 15th biggest company in the world, "by far" NOT the biggest company in the world, don't know what world you're living in. http://www.forbes.com/global2000/list/

Well, minwa, it just goes to show how little you understand.

You obviously don't know that "Market Value" or "Market Capitalisation" is the only thing that matters. And this makes Apple the biggest company in the world. Only Exxon Mobil comes close.

 

[wayneL]

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

This is like watching reruns of Gilligan's Island; sorta funny at first, but after a while it's so predictable and asinine that it's all a bit sad. The humour just doesn't work any more.

Alvin, I dub thee, "Gilligan - Foolish Jester of ASF"

 

[Alvin Purple]

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

This is like watching reruns of Gilligan's Island; sorta funny at first, but after a while it's so predictable and asinine that it's all a bit sad. The humour just doesn't work any more.

Alvin, I dub thee, "Gilligan - Foolish Jester of ASF"

Well, my dear wayneL, you know what they say about sticks and stones. I've been called much worse than that and whatever people may care to call me, it all just runs off like water off a duck's back.

Much more important is the fact that I told you all back in January what I was going to do. I said then that I would keep buying my usual amount of 10000 AAPL CFDs because I felt very bullish about Apple (and I still do). Sure, I got stopped out a few times, but overall, as AAPL moved from $495 up to $601 I made a lot more profit than loss. I signalled my moves ahead of time, however, some of you are still calling it "hindsight trades".

As to my most recent trade: I put it on 9 minutes before the market closed for the weekend. So, technically, by reporting it after market close, I am still within the 10 minute limit set by Jow Blow. So, tomorrow (Monday) we'll see what happens. Should AAPL tank and go below $581, I will be stopped out. No big deal, I will simple rebuy at the lower level.

But I think AAPL will actually rally tomorrow and will go well above $600.

Anyway, we'll see.

May I wish you all profitable investing.

 

[TheUnknown]

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

So Alvin....

Buying 10000 CFDs of AAPL, how much of your capital is used to open that huge position?

 

[wayneL]

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

Alvin, on your actual live calls, you are MILES behind.

 

[Alvin Purple]

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

So Alvin....

Buying 10000 CFDs of AAPL, how much of your capital is used to open that huge position?

About 10 %. As you can see I am very conservative.