I can make 3 grand a day day trading!!!

[trainspotter]

Is that stinging hydroids?

Very similar with the same result. Terribly itchy stuff that BURNS and produces delicious red welts where it touches naked skin. Looks like a kinda clover with jagged bits on the leafy bits and is red in colour. LOVELY STUFF ! It grows on the panels and when you hit it with 3000 psi of water blaster it disintegrates into 1mm x 1mm weapons of self destruction. You get a bit on your hand and you touch it because it stings, then you touch your eye, then your lips, then your arm, then you are in a world of pain. Sort of like the German slap dance ensues after that. Hot water and vinegar will fix for awhile. I love the stuff.

 

[Buddy Fox]

Mate, you got busted for a non existent option sell @ 3600 on SPI and busted again now for photoshopping the GBP trade.

You have also been busted for multiple registrations.

Your claim of being "up front" is one of the more absurd things I've heard.

If I had multiple registration the surly I would be banned from this site Wayne.?
Last I checked I'm still posting so maybe,just maybe you are incorrect,just like I have proven in the previous post.

 

[wayneL]

Pit Trader,

It's Hawkes Bay. Nice spot; good food, good woobla, nice weather - La Dolce Vita. If you ever manage to earn enough to scrounge together a plane fair, you should visit.

I thought you said IB was only for small traders. Why were you pimping MF?

 

[nunthewiser]

FWIW buddy

I personally think your full of sheet too but hey thats my personal opinion and its not meant to be an attack or meaning bad will etc ......its just how i feel.

Just because i think it after reading these posts dont make me correct, just saying how it is .

As you were , others here may feel different.

 

[wayneL]

If I had multiple registration the surly I would be banned from this site Wayne.?
Last I checked I'm still posting so maybe,just maybe you are incorrect,just like I have proven in the previous post.

Ahh but you've been banned numerous times, so I guess we'll see in you in your next incarnation.

 

[trainspotter]

Is Buddy Fox a Hindu? Don't they believe in reincarnation? No wait ........ they only come back again to better themselves to get to the Source/God/Divine.

 

[Wysiwyg]

Very similar with the same result. Terribly itchy stuff that BURNS and produces delicious red welts where it touches naked skin. Looks like a kinda clover with jagged bits on the leafy bits and is red in colour. LOVELY STUFF !

Okay. Maybe the cleaners need a pair of disposable overalls and rubber gloves for protection. Just a thought and good luck with the seeding.

 

[weird]

I thought you said IB was only for small traders. Why were you pimping MF?

IB is the opposite if you look into the history of it, includes Timber Hill.

 

[ThingyMajiggy]

If I had multiple registration the surly I would be banned from this site Wayne.?
Last I checked I'm still posting so maybe,just maybe you are incorrect,just like I have proven in the previous post.

So...I haven't seen a trade called before its happened today, I guess you owe me 3K and I get to keep my clothes on :

 

[weird]

I'm not supporting Buddy, what jeez what a mob out to get him, with boring and stupid jokes. Wayne only has made some critical comments.

Did he not say that he will start posting entry orders before being filled.

If a multiple user poster, he would be banned by the mods. I have been banned or warned a few times, not for multiple users but comments, so I know the mods are on their game.

 

[ginar]

I cant be any more up front.
I will post my trades and will call them before entry.
Then submit a trade sheet.

Cant ask more than that but it wont be enough for the herd around here . keep it coming buddy , im willing to listen and observe without predjudice unlike the sheep here . critical thinking will get you further than the one eyed lynch mob here ..... keep it real


trade well

 

[lenny]

Hey Ginar (brisvegas) How are you ? had enough of hot copper? Good to see you hear.

$$$$$$$$

 

[ThingyMajiggy]

I'm not supporting Buddy, what jeez what a mob out to get him, with boring and stupid jokes. Wayne only has made some critical comments.

Did he not say that he will start posting entry orders before being filled.

If a multiple user poster, he would be banned by the mods. I have been banned or warned a few times, not for multiple users but comments, so I know the mods are on their game.

Cant ask more than that but it wont be enough for the herd around here . keep it coming buddy , im willing to listen and observe without predjudice unlike the sheep here . critical thinking will get you further than the one eyed lynch mob here ..... keep it real


trade well

What planet are you guys on?

weird, what exactly are you referring to? If its me, then read back through the thread at what Buddy suggested to me yesterday, hence my last post. And the mug thing was a joke with Wayne, nothing to do with Buddy.

He hasn't made any calls before the trades have taken place like he said he was going to yesterday, only thing he mentioned was the .8514 trade which didn't end up happening. Other than that, he has posted numerous screenshots of trades he has made in other instruments, all of which are under a warning flag of being doctored up in photoshop, whether they have or not I don't know. He hasn't said how like the title he made said, he hasn't posted any history of his trading with his supposed 6 months of consistency @ 3K a day, and his profile matches pretty much exactly with another guy that has 5 or so aliases that who kept trying to ramp up MF and his blog that he refused was his last week. I think we have a right to be doubting him.

With the amount of spam and BS this forum gets, its no wonder the "herd" act the way they do anyway.

 

[>Apocalypto<]

Last I checked I'm still posting so maybe,just maybe you are incorrect,just like I have proven in the previous post.

Hi Buddy,

well done on weathering the storm. I believe based off the trades you noted and the position sizing to PL target with trade size that what your doing is achievable. 10 pips on 3 bucks is not a hard ask. I have also seen a few fellas out there on FX that fade breaks and fade 1st support resistance new high runs over at Forex Factory. So in application I am with you.

But,....... I am also a user of Interactive Brokers, so when I saw all the trade hist you posted it made me a little suss that's it's from the sim account. as you have cut on the point it lines up on the red area it says simulation. that type of trading takes real balls and doing it live at that size would be a great measure of your convictions. so doing that on sim is not a hard ask as I swing 2 - 4 mill trades on it. trade 70+ lot trades on CL when I am blowing off steam. (they get worked though, cool to watch!)

I have nothing wrong with guys or gals trading on sim, but if you come on ASF and post this type of stuff you should make note of that so you will not have the type of response you received. I personally think it's very important that we know based on the type of trading your promoting as highly successful.

as unfortunate as it is, ASF has seen em all. New members making these claims with a ulterior motive.

So if you're trading this on a live account please post your results with your account number scrubbed out, this will clear up all the doubts.... I would like to see you post more on how you see your trades, not just the results.

Good trading to you.

 

[Timmy]

..... keep it real

Well, there's yer problem, right there.

:sheep:

 

[nunthewiser]

Well, there's yer problem, right there.

:sheep:

bingo

 

[GumbyLearner]

It's not as easy as living as these guys make it out to be.
If trading was such a lucrative marketable practice. Eventually it would get
shut down by the masters of finance for being too unacceptable!

Come on guys be honest! Someone has to go to work and pay taxes.

 

[wayneL]

I'm not supporting Buddy, what jeez what a mob out to get him, with boring and stupid jokes. Wayne only has made some critical comments.

Did he not say that he will start posting entry orders before being filled.

If a multiple user poster, he would be banned by the mods. I have been banned or warned a few times, not for multiple users but comments, so I know the mods are on their game.

In the interests of disclosure:

This clown has been banned so many times in the last few days. In the end the mods got sick of hanging around and banning him all the time. At least this incarnation provided some entertainment for us all for a while.

Perhaps he'll run out of guru trader's nicks someday.

 

[wayneL]

OK so rather than this being the Pit Trader/Art Cashin/Buddy Fox/whomever show and a vehicle for other previously banned multinickers like Brisvegas to air their grievances, perhaps we can turn this into something more positive.

Like HOW to make 3k a day day trading?

It's not impossible, people are doing it and more. But what would it take for a retail trader.

Every trader knows that you can never just keep trading til you make your 3k and then go hit the pub. Some days everything you toiuch turns to ****. So it is 3k on average.

That means that some days you'll have your @ss handed to you, while other days you need to make weeelllllll in excess of 3k for it to average out - $~750k per year

So what does it take?
How much capital?
How many markets? One? Three? Several?
How much risk per trade?
Scalp or intraday swings?

 

[skc]

OK so rather than this being the Pit Trader/Art Cashin/Buddy Fox/whomever show and a vehicle for other previously banned multinickers like Brisvegas to air their grievances, perhaps we can turn this into something more positive.

Like HOW to make 3k a day day trading?

It's not impossible, people are doing it and more. But what would it take for a retail trader.

Every trader knows that you can never just keep trading til you make your 3k and then go hit the pub. Some days everything you toiuch turns to ****. So it is 3k on average.

That means that some days you'll have your @ss handed to you, while other days you need to make weeelllllll in excess of 3k for it to average out - $~750k per year

So what does it take?
How much capital?
How many markets? One? Three? Several?
How much risk per trade?
Scalp or intraday swings?

Good call Wayne. I have a 2-3 year plan trying to get there. Here's how.

What does it take?

An edge that is scalable in the right market condition, and a fully trained mindset that is comfortable with big numbers. I think I have got a usable edge in one of my long/short equity strategies. It has returned a good equity curve over 300+ real trades. But the next step is to trade it on much larger capital to see how well it scale. Apart from the mental aspect of getting accustom to larger P&L, I also need to take care liquidity / slippage issues when working much bigger positions. It is one thing to buy a stock for $5-10K, quite a leap to buy $200K and get fill straight away.

How much capital?

I was thinking $2m making 40% return would probably not be unreasonable. Alternately, a mini $10m hedge fund (of investors' money) returning 40%where I get paid 2/20 would also do.

How many markets?

Obviously the number of opportunities each year is directly linear to the return. To get 40% return on capital like $2m I would need 400-600 trades. This means watching over 3-400 pairs.

How much risk per trade?

This is a key factor. The position size per trade is again linear to my return. At much smaller capital I was comfortable sizing each trade at 15-20% of capital. But if I was trading $2m then 8-10% would probably be the most I would put down based on current thinking.

With 15-20% sizing for each trade, 70-100% return is not out of the question, but with 8-10%, 40% return would be much more realistic.

But above all the key factor is in fact margin required for leverage. At no leverage and 8-10% per position you can hold 10 positions at a time. With margin of 20% you can comfortably hold 40 positions. Higher leverage allows you to take the next opportunity that comes along and reach the total trade per year quota.