Posted by: positive carry April 17, 2009
Free info on how to trade stocks and forex
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Wheel,


For some reason I find it hard to believe you. I do not think that you are a succesful trader for the following reasons.


1. You decided to stay with C when it is down big today. Any successful trader knows that the first rule of trading is "cut your losses short".


2. I watched your video on currencies and you mentioned fibs. I don't think I have met any consistently successful trader that trades based on fib retractment or commonly found technical indicators.


3. It seems that you are trying to teach people how to trade. If you have been so successful why teach others when it is going to take time away frm your trading.


4. You said that you have been trading for 26 years that means you started in 1983. The average life of a trader is 10 years and anyone who has survived the first 10 years is filthy rich now. There is no need to give classes to make money. Instead you should be enjoying all the money that you made so far.


I could be completly wrong and maybe you are a Nepali Soros but please prove me wrong by posting some of your trades, preferable Citi that you mentioned you bought at 1,2 and 3. I am a small time trader, my roommate's brother taught me how to trade and he used to trade for a hedge fund.


Please post your transaction history and I'll believe you. You should not have a problem since you are trading your own account. I am posting mine.


 


 

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