Anyone need any help?

Lee Shepherd

Senior member
2,164 570
Hi Lee

Have you ever traded for or on behalf of someone else such as an investor or via a joint venture? Do you think someone like yourself could turn a good profit trading for someone else with say a £250k bank roll or is that too small?

Mark
Hi Mark,

The short and direct answer is no.

There are so many factors to consider including but not limited to tax, legal issues, compliance, red tape, fees and money management on someone else's behalf. Most of the time the vast majority of my money is sat in a segregated account as would an investors. Only a very small portion is actually used for trading, margin and cover against price movement.
However the question you have asked will be commonly thrown at you once your book is showing years on years of fantastic returns.
If you are an investor looking for a home for some of your cash, try a registered and long established hedge fund.

Lee
 

counter_violent

Legendary member
9,392 2,372
Hi Lee,

I'm having a lot of trouble convincing Atilla to swap sides and become a fully paid up patriotic Brexiteer.

Am I wasting my time or is there still hope? (y)
 
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Lee Shepherd

Senior member
2,164 570
Hi Lee,

I'm having a lot of trouble convincing Atilla to swap sides and become a fully paid up patriotic Brexiteer.

Am I wasting my time or is there still hope? (y)
Hiya mate,

Hope you're keeping well. Its been a long time.

Regarding this brexit thing that everyone's talking about. I'll save that for the pub. From a trading perspective, regardless of the outcome/s, I will be prepared for what I perceive as coming next as and when we do have another recession.

PS: Would be good to here from Atilla at some point. Its great catching up with the oldies on here.

Regards,
Lee
 

darktone

Veteren member
3,916 999
Hi lee.

Whats your view on stop and market orders?
I only use limit orders these days for everything, getting in getting out win lose or draw. I see it as permanently seeking value. If the market is 10 I wana buy 9 / sell 11.
Good to see you back.

Cheers
D
 

Lee Shepherd

Senior member
2,164 570
Hi lee.

Whats your view on stop and market orders?
I only use limit orders these days for everything, getting in getting out win lose or draw. I see it as permanently seeking value. If the market is 10 I wana buy 9 / sell 11.
Good to see you back.

Cheers
D
Hi Darktone,

I see you are still contributing well to this great site. :)

I don't use either of these so am not best placed to comment. I will however use alerts so any relevant movement against or for me can be captured. I will then log in if not already (24 hours a day if need be) and go to a smaller time frame chart (ie, 1,2,5 min etc). That way it allows me to trade in the moment and fingers crossed get the best price on top of my exit. In other words, try and be a bit greedy. :LOL:

Sometimes it works, others it doesn't. I'll post up a screenshot at some point just to keep the blog abreast with what I've done this month. As usual though most of the good stuff has to be removed as certain levels are in play. However, it should give others hope and aspirations that making money consistently from the markets is entirely possible.

Cheers,
Lee
 
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itspossible

Senior member
2,778 557
Hi Piphoe,

First of all, don't be confused. Now here's the hard and somewhat controversial part. A trade is always set before you place the trade. The most important part is exit, not entry. Contrary to popular belief. If the entry is wrong or a mistake has been made, chop the trade and take the hit. Now here's the fun part: when you make a trade, stick by it. Do or die attitude. Don't listen to reports, news, your friends or anything else that may sway you. F**k em all. More importantly, don't listen to yourself. You make the trade (your bed), lay in it till the end. In other words, follow your plan through. If it doesn't work, evaluate after the event not during.

Lee
i agree that if you take the trade and you are wrong its best to pull out.
Would you ever peel:eek:-take partial profits on the move-i felt very comfortable doing that
 

Lee Shepherd

Senior member
2,164 570
i agree that if you take the trade and you are wrong its best to pull out.
Would you ever peel:eek:-take partial profits on the move-i felt very comfortable doing that
Morning itspossible,

No, no I wouldn't. When I say have a do or die attitude, I mean it. Regardless of what I think the market is telling me, I will hold out till the end of the trade and trade my plan. Otherwise the markets, news and gut feeling will interfere with my ability to trade and ultimately I will end up losing money over time. All trades and possible outcomes (for which are only 2 - win or lose) are made before I press submit and commit.


Now, obviously I wont trade around any major news breaking that would affect the trade and in the event that something major comes out which I don't understand, I will chop the trade immediately. Although that should always be a rare occurrence. That's the discretionary part, on the main, I will keep the trades going until they pop or get my reward.

PS: I'll post up a screenshot of my monthly trades shortly to my blog.

Regards,
Lee
 
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Lee Shepherd

Senior member
2,164 570
Lee

Do you post any advance trade calls?

fl
Morning Foroom,

Regrettably not. Because of my long standing and obvious success, many people have attempted to copy my trades. That's not fair on me and my hard work nor is it fair on the others that help me with research. It only takes a few people to spoil it for the many. However, I have noticed that T2W has cracked down a lot on the 'troubled users' of late. I have also had issues with people setting up subscription services off the back of my trades in live calls previously as well. This was years back when a group of us on T2W had a live trading room. We also used Skype a lot as well for updates and chit chat. Who remembers those days? :)

That being said, posting live trades in advance would not help others at all. It just simply shows I can make live calls. Well, of course I can, but I make calls for myself and my (very small) team and when the time is right, we hit that button and win or lose. The losses are always the most interesting as we tend to learn more from these. I have a very interesting section in my Trading diary about 'how to handle the losses' if you were interested in reading it. It was wrote about 4 years ago but is still relevant today as it were back then.

I'm posting up my monthly trades within the next half hour or so with a screenshot. This helps doubters to understand that I am the real deal - as there are a lot of liars and delusional wannabe's around. There's not many profitable traders around these days that frequent internet boards - Maybe that's because of all the keyboard warriors, haters and doubters. Believe me when I say there are many profitable traders around. As is in life, hang around the people you want to be like and want to aspire to and ultimately be kind and understanding. For example I hear people talking to others about owning a Ferrari, but the person they are talking to owns a Ford. It would make sense to speak to the person who owns a Ferrari. Same with trading, don't talk to other non profitable traders about trading strategies, that just doesn't make sense. Speak to those who are making money if you want to learn about making money.

Learn from those who achieve, not those who want to.

Regards,
Lee
 

tar

Legendary member
10,441 1,309
Morning Foroom,

Regrettably not. Because of my long standing and obvious success, many people have attempted to copy my trades.

Regards,
Lee
For a full disclosure , as a long standing member i can confirm that your alleged "obvious success" haven't been confirmed , just to be fair to new members/traders .


Welcome back
 

Lee Shepherd

Senior member
2,164 570
For a full disclosure , as a long standing member i can confirm that your alleged "obvious success" haven't been confirmed , just to be fair to new members/traders .


Welcome back
Hello Tar,


I am surprised by your comment mate but nonetheless you are entitled to it. I have posted so many screenshots, bank statements, made hundreds of live calls and shown pictures of my live account clearly showing profit on numerous occasions throughout the years, I've kept weekly blogs running for months on end and openly shown my live account to people when we've met out. I am THE most transparent person on here, many have met me in the flesh and some on T2W still remain close to me today. All of this is still available on the net for all to see.

I have no idea what I am supposed to do to satisfy the doubters and those who struggle to make money and do not think it is possible. Maybe that's what it is? Maybe they just don't believe its possible. If I have misunderstood then please tell me where it is you feel I 'should' do more to prove myself? (that's not a dig either mate - I have long standing respect for you).

Is it that some people genuinely do not believe that a person making money from the markets consistently - ie, a profitable trader, would want to be part of a good community of newbie traders?
I was there once you know.

And in return what do I ask for? ........... Nothing. (other than respect and maybe a thank you from time to time)

Those who want to believe will succeed, those who don't, won't.


PS: Thank you for the welcome back.

Regards,
Lee
 

Lee Shepherd

Senior member
2,164 570
Anyway, as the title states? Does anyone actually want/need any help or is everyone here happily making plenties.

Cheers,
Lee

PS: All help given will be transparent and posted to help all others that come to T2W - therefore ruling out private messaging, skype etc.
 

tar

Legendary member
10,441 1,309
Anyway, as the title states? Does anyone actually want/need any help or is everyone here happily making plenties.

Cheers,
Lee

PS: All help given will be transparent and posted to help all others that come to T2W - therefore ruling out private messaging, skype etc.
Good luck , just a classic "caveat emptor" was in order .
 
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