Trader P/L 2006 Questions and Discussion

Discussion in 'Trading' started by polpolik, Aug 9, 2006.

  1. I personally found it hard to believe (not impossible) to see someone post 100-500 daily then in 1 week, goes to 20k and 50k daily.

    this could be why.
     
    #101     Aug 15, 2006
  2. My sentiments exactly.

    Lead, follow or get out of the way.
     
    #102     Aug 15, 2006
  3. Bullet

    Bullet

    DOH!!!

    I have heard of spending one's time in an unproductive manner....but this is crazy.



    Good trading to all yall that actually hit the keys....
     
    #103     Aug 15, 2006
  4. reg

    reg

    Is it possible that he's trading using another firm's Sterling software?
    Just wondering since I find it silly for someone to purposely get into this type of detailed deception.
     
    #104     Aug 15, 2006
  5. Not really... but THIS is:

    While other firms do use Sterling, all of them are strictly <b>retail</b>. That means no prop leverage. That means 'killer supposedly traded 12 mil F shares (12 million shares X $6/share = $72,000,000 ) in one day at <b> 4-1 retail leverage.</b>

    Case closed. Time to change names now, 'killer- you've been outed. No hard feelings, and I do wish you well.
     
    #105     Aug 15, 2006
  6. i thought the guy really found a top notch mentor with whom he got very close and learned how to pull off those numbers...but at the same time i was wonderin' who on earth was so willin' to disclose his strategies to some1 he just got to know....because frankly there aint no way u get to progress so far so fast on your own...let's see if the guy can come clean or what. l'll give him the benefit of the doubt.
     
    #106     Aug 15, 2006
  7. and even if he was tradin' at a prop firm who on his right mind would have give a newcomer 72mln dolllars to trade....i guess this put the matter to rest.
     
    #107     Aug 15, 2006
  8. Bullet

    Bullet

    This thread is really entertaining the hell out of me on an otherwise boring day! Thanks to everyone esp. Rearden and Killer!!!


    RM Private investigator....I smell a second career!
     
    #108     Aug 15, 2006
  9. ...well, he could claim there were multiple round trips, but it still can't possibly add up.
     
    #109     Aug 15, 2006
  10. When I questioned nysekiller in the P&L thread in late July about his performance in a somewhat critical but polite manner, my post was deleted before nysekiller even posted his response:

    http://www.elitetrader.com/vb/showthread.php?s=&postid=1145712#post1145712

    Naturally, there were a couple of nasty posts directed at me for daring to raise any questions. Those posts were deleted as well.
     
    #110     Aug 15, 2006