wanting to be right over making money?

C

Chartsy

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if you were GIVEN a dirty little trick which consistently produces excellent risk:reward, 10-15:1 , with an extremely high probability of success , would you feel guilty? having known that you yourself didn't do anything? would you rather plug away slowly with yor own methods?

-what's more important; being right in your own methods or making money with something you were given?
 
Making money.

If you have issues with being right then good luck finding your own 100% winning strat...
 
What dirty little trick might we be talking about ?

Might help to sort the argument if we had a clue !
 
basically they (apparently) have the method given above, but they have spent a few years developing their own method and feel trading that would throw it away and they would feel guilty, as if they cheated or something! i just told them that with that money they could do anything they want, set up another kind of business, i also explained that with such an account growth rate they could simply up the risk in their method, which apparently was high probability too, so that they win more from their own ideas
 
counter_violent said:
What dirty little trick might we be talking about ?

Might help to sort the argument if we had a clue !
Click to expand...

i didn't squeeze that out of him, he sounds serious though but i don't see any gain in him lying... participate in the discussion and quit drooling!:p
 
I have quite high morals and wouldn't be opposed to using it if it were legal and not to someone else's detriment any more than trading is. He could use it to help worthy causes like charities or community organisations if he felt it was a problem.
 
i doubt it exists tbh, but on the topic...i think i understand it in a way, if i made millions from something like that id feel like i cheated a bit...but hell i'd still do it!
 
Chartsy said:
-what's more important; being right in your own methods or making money with something you were given?
Click to expand...

Making money at the end of it.

But your friend's talking crap, he has nothing like that & betting against it would be the easiest money.
 
Chartsy, mate, why did you have to go public with our skype chat, eh?

Did you want me to tell everyone that you came in your pants "dry sh@gging" your sisters best mate?

Now look, seeing as you're all in the loop, PayPal me $99 and I'll email you the mt4 code - but you have to PROMISE not to pass it on to anyone, OK!

We can organise it so the few of us that are doing it are trading different instruments or at different times so we don't compete with each other for fills.

$99 and I'll throw in a pic of Chartsy's sister's best mate (with sister).
 
MrGecko said:
Chartsy, mate, why did you have to go public with our skype chat, eh?

Did you want me to tell everyone that you came in your pants "dry sh@gging" your sisters best mate?

Now look, seeing as you're all in the loop, PayPal me $99 and I'll email you the mt4 code - but you have to PROMISE not to pass it on to anyone, OK!

We can organise it so the few of us that are doing it are trading different instruments or at different times so we don't compete with each other for fills.

$99 and I'll throw in a pic of Chartsy's best mate (and sister).
Click to expand...

stfu man. we had a deal, you said 1000 pips a day.
now it's 900,
what happened?
you cheated me,
you cheated.
 
(sorry all for de-railing the thread)...

... well let's consider a real world example of a problem like this:

A buddy of yours works in a Spread betting firm, and part of his renumeration is in the form of Stock. Now, he has written some fancy contract that splits up the dividend from the spot price of the stock - he wants to keep the spot price exposure, but wants to strip out the dividend payments - that is, he wants you to buy them off him (he is going to engineer this as a tax loss, by turning "kosha" shares into unmarketable OTC shares and so write off the loss against tax).

Do you buy them?
 
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