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"The shape of the equity curve you present is everything that a trader desires, especially when adjusted for the dormant period that you mention. But the net total result doesn't seem to compete to other pastimes. Perhaps I am missing something, but the magnitude of the equity is stumping me. You mention that you have a small account. I take this to mean under $10, ooo. Regardless, a 2% total profit on such a balance is $200 or for the five months trading that you did, $40 per month or $1.80 a day. If your balance was more substantial, just scale the numbers up. I don't see that in the context of trading/investing that such a profit is even relevant to operating a trading business, even with the most modest data fees, computers, assorted expenses, value of your time, etc. So, do I have something wrong in my thinking? I am not trying to be insulting and I will say that your other points regarding Shadowtraders and the suspicious similarity of Perry's trading system are well presented. "
You are so right, BigMike. I do not understand.
I replied to this post that I have copied and pasted above THAT MENTIONNED SHADOWTRADERS (that was not me) by showing my trading reports. This user wanted to know if I trade $ 1.80 a day. I made myself naked by showing what I do. I have to review it again, but I do not remember that from this post on the name of the company we are talking about was mentionned by me. But I will check that.
I admit that I was provoked by that user asking me if my equity curve is trading with a ten dollar account.
That was not nice.
For me this thread was already something that is in the past of my life. But I had to respond to that post.
I was talking in my posts from yesterday and today what I trade and what has become my trading style. I do the same thing as Perry does. I do not care any more if any company teaches exactly the same thing that I describe in my postings. I could also try to tell you that I invented that method by reading some books about moving averages and pivots, but this is not my style. Maybe it is even a good idea. Go to some europeen forums and teach Sh... methods telling everybody that I have developped a great trading style. On termintrader.com they are always looking for traders running even a chatroom...
If you want me to never post anything again on this forum I will never do that again.
But I thought the whole day about one thing: It is always allowed to write negative things, but if something really works, this is "advertising" , "giving a company a forum" and other bad things.
You cannot avoid giving companies a forum when you trade. In the webinar yesterday from TopStep several companies "got their forum". And how many signed up? What was that webinar good for - if this question is allowed... they talked a bit about market profile and in the same time I guess everybody "googeled" already "topstep". But it is your forum, I respect that, and you have every right - maybe topstep payed for doing the webinar. Just finish the campaign against me please. Again: I responded to the post from above. I would not have posted anything again here if that post would not have existed.
The whole Ninjatrader company has a huge forum here at BigMikes. It`s not avoidable.
I tried to help people, and I got some private messages - obviously I could help some people.
People want help with the decision if to buy or not to buy that programme we are talking about - this is why the thread exists. Where else could anybody give that help? But this cannot mean that I am not thankful and grateful towards those persons I got it from.
I really avoid that name from now on.
I never sent any person an affilate link from that company.
You make your nice forum much more attractive when you allow users to talk about good experiences with a company or a program, so that they are not forced to give it to people as their own ideas just because they have to avoid that name. Of course nobody should give a link of a website with an affilate link included. I agree completely.
Please tell me if I am not any more allowed to talk about what I trade.
Maybe it is a good idea to close this thread as people might feel invited to respond and ask further question or insult or provoque me by saying that I trade 50 cents a day, and then I HAVE TO RESPOND.Close out every discussion about this company we are talking about and happyness will be around.
Can you help answer these questions from other members on NexusFi?
yes, but you have to open a new thread title it 'my journal ' or something likes that then post all your trades as you wish. btw, American ideal of a successful trader is the one who makes money in points not in ticks but they don't know others can survive on much less so never mind them.
This is my last post here.
If you have more questions or comments please send me a private message,
as you can see. I am the "bad guy" here, because I give you clear answers.
Whatever question or insult might be posted here,
I will not respond and I will also not defend myself.
This means: Questions that might be of interest for others also -
I am sorry. These are the rules here.
Post your thoughts and charts; maybe you'll win us all over.
It certainly isn't appropriate to start a journal within a thread reserved for reviews, thus I see very little reason for you to pout about being told to show restraint.
Please stop with the victim mentality and whining. Not everyone is out to get you. You are right, if you want to post things like that, then I don't want you here.
My mom always told me that if you don't have anything nice to say, then don't say anything at all. It is good advice.
My recommendation is that you've made it clear, over and over again, that you love this vendor. Now, move on to another of the 200,000 posts in the forum and talk about something other than this vendor.
You can talk about Topstep in the appropriate thread, not here.
I have received a huge number of emails already from members who said it was a fantastic webinar, and I happen to agree. Did you even watch it before you reached your conclusion? I emailed the guys at Topstep multiple times and made it clear about our webinar policy, which is a strict no promotion policy. Sometimes the presenter ignores me, and advertises during the webinar. Guess what, they don't get invited back. That was not the case with Topstep, nor the vast majority of other webinars on futures.io (formerly BMT). How do I know? Because I've hosted every single one. Have you watched every single one, the entire way through? Or are you just making comments on something you have no clue about?
As I said at the very first 2 minutes of the webinar, if you can bother to watch it before making snide remarks, I reached out to Topstep on my own and asked them to do a webinar, because I felt they were in a unique position to give traders some tips on how to improve their trading.
The good news is, if you don't want to watch the webinar, you don't have to. But you certainly have no right to comment on it then. And if you don't want to be on the forum, or if you feel everyone is out to get you, then just leave. The rest of us here work extremely, extremely hard to keep things positive and helpful, and I really have no time to respond to posters like you.
Just wanted to throw my two cents in on this thread, I decided to look into trading futures so I could make extra money at home in the evenings, early morning, etc. and I did a lot of looking before I found ST and futures.io (formerly BMT). I also attended ST free webinars on tues. nights. After reading all the positives and negatives and not being able to find any substantial trash on Barbara Cohen, I plunked down my hard earned cash and joined ST last week. The main selling point for me was the fact this was a structured learning system, something that would save me an inordinate amount of time, as my time is so limited for wading through all the info on what is good info and what is bad info. If all I had to do is sit at home all day I would have gone the free, do it on my own, school of hardknocks route. But for me this seemed the best way for me. I will be thrilled to death to be able to start out with a 2500.00 acct. and pick up 2 trades of 3 ticks a night to start out, after of course hitting 85% or better on Sim. The information ST provides along with the lesson material has been outstanding, in my opinion' after starting last week. I hope you found this helpful. (In the interest of full disclosure I am in no way associated or compensated by ST or its owners, other than being a new student)
Thanx for posting wannabe1 ... I've been interested in ST for quite awhile for a lot of the same reasons you mention.
I wasn't sure if I would be at a disadvantage joining but not purchasing the 4 Day Intensive Seminar as it would be almost double the $ commitment. If you don't mind me asking about your opinion above in Bold, does this come with membership or does one need to also purchase the 4 Day Intensive Seminar? If you would prefer that I PM you any ?'s or not answer at all I would completely understand.