Rorer714 said:I was starting to think you died . Good to here from you. I also have many years experience in trading. I have some advice for you but instead I think I will just say, GOOD LUCK & TAKE CARE!

Thanks

have you ever heard of (the elliot wave theory)?

This isn't the kind of trading that ANYONE else does, I've tweeked it over the years as you can tell.

When I 1st opened up the account it took me a month to work out all the bugs in the system, turns out my printer driver was conflicting with my computer and making me reboot. So basically when i got all the bugs out I went from 10,000 to 181,000.

There were some losses at 1st , but I tend to get excited. I plan to pull out 200,000 on monday and pay off the cards and my citi cash returns cards (5% CashBack).

I used to write a newsletter forecasting the market, but people don't listen.

Anyway, the point of me posting this on fatwallet is to remind people to follow thier dreams. The markets open in a few hours, I won't have time to post here like before.

I bet there isn't 1 person who dreamed of investing in CDs when they where little .

PS I don't trade stocks, I only trade indexs and currencies (the 2 most liquid markets in the world).

win333 said:Well it's been a while since i've updated, lots of good news to report!!!

Disclaimer:

I don't recommend ANYONE try this!!!! I have 30 years experience trading all of the market!!!!

With that aid Read on!!!


If you look back in this thread, I started trying to grow my brothers business (buying and selling silver coins on eBay).

Well that turned out to be more time consuming than it was worth.

I was letting him buy the silver coins with my credit cards on eBay and I would sell short a silver futures contract
to hedge my risk.

I have 30 years experience timing and forecasting ANY TRADING market!!!!

Well when I opened my futures account I couldn't help but put my FORECASTING POWERS to work.

In the last week I'm up $181,000 Trading the:

Euro
SwissFranc
Crude oil
Dowjones
S&P 500
Nasdaq


With Technology the way it is today, I can risk 1,000 or less for a 10,000 to 30,000 VERY short term gain.

Like I said, I'm a PRO at this!! I also think there isn't anyone else on the planet that can do what I do!!!
I have spent the last 30 years of my life refinning what I do, So please don't anyone ry this!!!!

 

BEGINNING BALANCE 246,341.51 246,341.51
COMMISSION 561.33DR 561.33DR
CLEARING/PROCESSING FEES 298.70DR 298.70DR
EXCHANGE FEES 367.50DR 367.50DR
NFA FEES 5.67DR 5.67DR
TOTAL FEES 671.87DR 671.87DR
GROSS PROFIT OR LOSS 25,975.00 25,975.00
NET PROFIT/LOSS FROM TRADES 24,741.80 24,741.80
ENDING BALANCE 271,083.31 271,083.31
TOTAL EQUITY 271,083.31 271,083.31
ACCOUNT VALUE AT MARKET 271,083.31 271,083.31

where is a good place to start to get some background knowledge?

jhgfdsa said:Win333, many months ago you said
"I have a company building the LLCs credit for me (I want to see how they do it)."

Can you share more now. Was it worth it to save time and paperwork and did they have any
new tricks.

Elliot wave theory is Hard! Knowing when a wave begins or ends is a challenge and in
the end it is still subject to interpretation for me. I gave up years ago, but it is uncanny
how often retracements are darn close Fibonacci ratios.

If you step back for a second and think about it. You don't need to catch every move!!!! In the wave theory EVERY 5 wave decline produces a reaction move and vis versa.

I play the reaction moves for now. a 50 point move in the dow is worth about 30,000 to me. The Nasdaq, S&P and Dow futures are the hardest at this point and time. But the euro, yen, pound and crude oil are like an ATM machine.

I've traded about 1 billion worth of futures in the last 2 months.

Anyway back to the theory, you need other tools as well. I use trend channels (the most important).

Like I said before, noone on the planet can do what I do. Friday I made 46,000 in crude oil and 45,000 in the S$Ps and the Nasdaq.

They're sending me a check now, so I now have no risk.

Back to why I would even share this information, Please don't try the market. This is about me following my passion for 30 years and getting it.

We all have a passion, follow yours whatever that might be.

EDITED to change plant to planet

kenmoreland said:DOW up 276.74 today.Whats your point?

Nonaii said:win333 said:I started shorting the Dow jones at 13,100 on 5/19/08, I later switched and started shorting all 3 (Dow, S$P and nasdaq).

I now have 920 puts on the QQQQ, this monday or next monday has the potential to be a CRASH day. I might be wrong, but it's not often that I am.

I was 200% short on Sept 11th 2001, when they opened the market 4 days later it dropped 700 points in 1 days.

All you guys who won't stop buying, you need to be VERY careful here!!!!

Catching the bottom isn't worth loosing 25% of your portfolio.


The person who loses the least in a bear market wins

September 11th was a freak event. Allegedly. What would be a better example to use, of an event which was much more inevitable in hindsight but people were waiting for the other shoe to drop?

HUH?

Update

Well the market didn't crash, but don't tell gm, FNM or FRE share holders that. The potential was well worth the risk.

only up 215,000 now!

What some people don't get is, I get to buy and sell every second. So i'm not trapped for days in any move.

Waiting on my next move

I withdrew a check for 150,000 and deposited it friday, I split it up between my personal and my DBA account just incase my bank was to go under. You just can't be to sure these days.

On July 13, 208 win333 said: I now have 920 puts on the QQQQ, this monday or next monday has the potential to be a CRASH day.

Which puts (expiry and strike) did you have? Did you mean 920 lots (I hope not - that's a LOT of money to lose).

Call Juniper about your cut lines, they might be restored, specially since your credit report probably looks better right now.

kenmoreland said:win333 said:I don't mean to sound like I'm braging, I have everyone here to thank!!! Without all of you it would have takin me longer to be ready financially to begin my trading.

For those of you who have read my thread and all my crazy talk about investing your cash from your AORs. I'll tell you this:

My dream, for almost 30 years has been to trade for a living (NOT A BROKER). I got my AOR and split it up between my business and my DREAM. Now I'm making about 20,000 per day (this isn't luck, it won't stop).

Follow your dreams, do what you know and Love!!!! All of us are passionate about something, that makes it not feel like work.

For the last week i've been trading about 22 hours a day 5 days a week (it doesn't feel like work AT ALL)!!!

Do what you love, it will always pay off!!!!

Thanks again for everyones help with the AORs and GOOD LUCK to everyone!!!!

Bump to preserve.

Hey ken

I'm sorry, come back! I want to know how your portfolio is doing?

I bet your GLAD you didn't listen to me!!!

win333 said:Nonaii said:win333 said:I started shorting the Dow jones at 13,100 on 5/19/08, I later switched and started shorting all 3 (Dow, S$P and nasdaq).

I now have 920 puts on the QQQQ, this monday or next monday has the potential to be a CRASH day. I might be wrong, but it's not often that I am.

I was 200% short on Sept 11th 2001, when they opened the market 4 days later it dropped 700 points in 1 days.

All you guys who won't stop buying, you need to be VERY careful here!!!!

Catching the bottom isn't worth loosing 25% of your portfolio.


The person who loses the least in a bear market wins

September 11th was a freak event. Allegedly. What would be a better example to use, of an event which was much more inevitable in hindsight but people were waiting for the other shoe to drop?

HUH?

UPDATE

If you Read the quote above and look at the date, some might start to think that maybe there is a way to predict market movement! Naaaa Noone would believe me!

Although I did end up missing the biggest part of the CRASH for the Dowjones, it's really because I was focused on the crude oil/British pound CRASH. The CROOKS in the stockmarket are much better traders than in the CRUDE/POUND!

I started nibbling on the S&P 500 futures last night at about 10:45 pm at 891. For those of you that are still in stocks, the way I see it, this is the markets BEST CHANCE for a bottom.

At this point if the DOW was to break below 8000 (even by a few thousand points) it would atleast run back up to this level.

So I see a risk free trade right now in the stock market, if this market EVER gets boring then I think it will be up up and away. The only problem I have is the banks, if anything sends us into a depression, it'll will be the banks.

Hope this helps someone.

PS I'm now up to $359,000 or +720% since may.