Performance Level Of An Exceptional Trader

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Old Jul 10, 2011, 8:39pm   #76
Joined Sep 2008
Re: Performance Level Of An Exceptional Trader

Interesting Barclay's Rankings. These are professional money managers and in both categories the top 10 contains funds that are not positive for the year. Once again reinforces my very low opinion of "professional" traders and money managers. Sure they trade size I could only dream about but that's no excuse to be in the negative.

Peter
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Old Jul 10, 2011, 8:53pm   #77
 
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Re: Performance Level Of An Exceptional Trader

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Originally Posted by Pazienza View Post
Hey T_D, long time no see. People have been talking about you - one of your students was a naughty boy apparently.

Anyway, some noob is looking for a mentor and is desperate to hear something good about you so he can give you a ton of fahzoles. Get over there and fill yer boots pal - if he's not a plant he's an absolute helmet, ripe for the plucking. If he is genuine someone's going to strip his roll for him, it may as well be you, at least you've contributed something useful to this site.

Here's the thread:

http://www.trade2win.com/boards/gene...me-mentor.html

Hey Paz,

Yes I glanced over that. I see Black Swan has the wrong end of the stick as usual and is going on about some 30k deposit which is utter drivel. Not sure he's learnt how to read an account statement yet!

LOL to the comment on the "noob". He's not likely to read much good around here is he? It's all speculation, lulz and no statistics. Come to think of it, isn't that why so many lose?

Good trading to you :-)
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Old Jul 10, 2011, 8:55pm   #78
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Re: Performance Level Of An Exceptional Trader

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Good trading to you :-)
And also to you .
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Old Jul 10, 2011, 10:22pm   #79
 
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Re: Performance Level Of An Exceptional Trader

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Originally Posted by wackypete2 View Post
Interesting Barclay's Rankings. These are professional money managers and in both categories the top 10 contains funds that are not positive for the year. Once again reinforces my very low opinion of "professional" traders and money managers. Sure they trade size I could only dream about but that's no excuse to be in the negative.

Peter
Not as bad as Goldman Sachs

http://www.guardian.co.uk/business/2...bya-investment
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Thanks! The following members like this post: wackypete2
Old Jul 10, 2011, 11:00pm   #80
 
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Re: Performance Level Of An Exceptional Trader

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Old Jul 10, 2011, 11:09pm   #81
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Re: Performance Level Of An Exceptional Trader

they prolly done it on purpose u know, the CIA prolly got spies in.
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Old Jul 10, 2011, 11:23pm   #82
 
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Re: Performance Level Of An Exceptional Trader

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they prolly done it on purpose u know, the CIA prolly got spies in.
Thanks for the info - now it makes sense:

March 7, 2008, 1:42 p.m. EST

New 'super-spike' might mean $200 a barrel oil
Goldman's projections foretell persistent turbulence in energy prices
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capture.jpg  
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Old Jul 11, 2011, 11:40am   #83
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Re: Performance Level Of An Exceptional Trader

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Why is grabbing all that money from the Libyans considered poor performance ? If you can grab as much as that legally, wouldn't you be laughing ?
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Old Jul 11, 2011, 11:58am   #84
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Why is grabbing all that money from the Libyans considered poor performance ? If you can grab as much as that legally, wouldn't you be laughing ?
What if that was YOUR money they were grabbing legally? THEN I'd be laughing.

Peter
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Old Jul 11, 2011, 12:11pm   #85
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Re: Performance Level Of An Exceptional Trader

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What if that was YOUR money they were grabbing legally? THEN I'd be laughing.

Peter
They are legally grabbing my money by trading and keeping the oil prices, and inflation high. So laugh until you choke.
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Old Jul 11, 2011, 12:15pm   #86
 
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Re: Performance Level Of An Exceptional Trader

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Why is grabbing all that money from the Libyans considered poor performance ? If you can grab as much as that legally, wouldn't you be laughing ?
Actually they didn't grab it - they lost it (98% of it). Do you think that's a good performance?
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Old Jul 11, 2011, 12:18pm   #87
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Actually they didn't grab it - they lost it (98% of it). Do you think that's a good performance?
Did they lose it in their back pocket ? Have you considered why all Libyan investments lost money. Was it bad luck or just coincidence ? Have you considered why the Libyans will lose their oil as well as the gold stash they have ?
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Old Jul 11, 2011, 12:27pm   #88
 
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Re: Performance Level Of An Exceptional Trader

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Did they lose it in their back pocket ? Have you considered why all Libyan investments lost money. Was it bad luck or just coincidence ? Have you considered why the Libyans will lose their oil as well as the gold stash they have ?
Can't see the logic behind it - after all they will need to compensate for the losses. Also other potential customers may be discouraged by the poor performance.
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Old Jul 11, 2011, 12:32pm   #89
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Re: Performance Level Of An Exceptional Trader

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Can't see the logic behind it - after all they will need to compensate for the losses. Also other potential customers may be discouraged by the poor performance.
Perhaps potential customers can see they are not the intended target and therefore their money is safe.

I don't know the details. How will the Libyans be compensated for their loss. Maybe they won't be compensated but be quoted the small print that says investments can go up as well as down. Further you may lose more than you started with.
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Old Jul 11, 2011, 12:41pm   #90
 
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Re: Performance Level Of An Exceptional Trader

[QUOTE=BeginnerJoe;1612206]Perhaps potential customers can see they are not the intended target and therefore their money is safe.
[QUOTE]

Maybe they have lost their faith a bit since that $200 a barrel prediction.
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