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Search: Posts Made By: Pedro40
Forum: Trading Reviews and Vendors December 10th, 2016, 07:31 AM
Replies: 472
Views: 260,650
Posted By Pedro40
I think the truth is more nuanced then that....

I think the truth is more nuanced then that. Could be:

1. Big return on small account. Let's say he makes 100% on a 20K account. Very good return, but doesn't help with the "I trade for a living"...
Forum: Trading Reviews and Vendors December 9th, 2016, 02:45 PM
Replies: 472
Views: 260,650
Posted By Pedro40
Boy oh boy, aren't we in Lame Excuse Territory...

Boy oh boy, aren't we in Lame Excuse Territory already...



You know money can buy security, among other things...

We would love to see if our mentor is making a good living and not because...
Forum: Trading Reviews and Vendors December 9th, 2016, 10:34 AM
Replies: 472
Views: 260,650
Posted By Pedro40
What was his answer?

So just like the Brad Pitt character in Se7en, after 10 posts since the webinar, we still don't know what was in the box...

Anyone cares to update us?
...
Forum: Trading Reviews and Vendors November 27th, 2016, 06:53 PM
Replies: 472
Views: 260,650
Posted By Pedro40
What BM was saying was: "the requirement to be a...

What BM was saying was: "the requirement to be a good teacher does not require you are good at what you teach."

In plain English, one can be a good teacher (of a profitable method) but a lousy...
Forum: Trading Reviews and Vendors November 25th, 2016, 07:18 AM
Replies: 472
Views: 260,650
Posted By Pedro40
I wanted to edit my post but you already...

I wanted to edit my post but you already responded so let me clarify: Word of mouth only works if the records are real. In the case of Madoff they were faked although the early birds to the Ponzi...
Forum: Trading Reviews and Vendors November 25th, 2016, 06:57 AM
Replies: 472
Views: 260,650
Posted By Pedro40
Madoff is actually a bad example here, because he...

Madoff is actually a bad example here, because he did have a "proven" track record, it just happened to be fake. And he didn't even advertise, he got new investors by word of mouth, just what you...
Forum: Trading Reviews and Vendors November 23rd, 2016, 10:15 PM
Replies: 472
Views: 260,650
Posted By Pedro40
I hear you man. I went to the pharmacy today and...

I hear you man. I went to the pharmacy today and spent $300 on homeopathic "medicine" storing up for the winter. True, the FTC has just required "a declaration of the presence or absence of...
Forum: Trading Reviews and Vendors November 23rd, 2016, 07:36 AM
Replies: 472
Views: 260,650
Posted By Pedro40
In this post, I am going to defend Al and show to...

In this post, I am going to defend Al and show to his followers that there are actually legit reasons why a vendor wouldn't want to share his trading history. Unfortunately none of you have argued...
Forum: Trading Reviews and Vendors November 22nd, 2016, 04:29 PM
Replies: 472
Views: 260,650
Posted By Pedro40
Just to lighten the mood, a joke as an analogy: ...

Just to lighten the mood, a joke as an analogy:

Q: What do you call a doctor who goes through med school with a bunch of Ds?

A: A doctor.

The point is that any vendor's previous profession...
Forum: Trading Reviews and Vendors November 21st, 2016, 09:51 PM
Replies: 472
Views: 260,650
Posted By Pedro40
I think this thread has been extremely civil...

I think this thread has been extremely civil specially compared to other websites. But anyway, that is not the news.

The news is that Emmett has found a good one, giving out a 5 stars rating....
Forum: Trading Reviews and Vendors November 21st, 2016, 04:15 PM
Replies: 472
Views: 260,650
Posted By Pedro40
A hundred bucks say that he will say yes, he...

A hundred bucks say that he will say yes, he trades real money, yes, he is profitable, but no, he can't show proof because of reasons and blah-blah-blah.

In short, nothing is going to be settled...
Forum: Trading Reviews and Vendors November 19th, 2016, 04:51 AM
Replies: 472
Views: 260,650
Posted By Pedro40
This is my favorite post. So running a trading...

This is my favorite post. So running a trading room isn't his "fault"? Got it....

Also, if the consensus here says that we are supposed to make our own systems and trading rooms are worthless...
Forum: Trading Reviews and Vendors November 16th, 2016, 07:15 PM
Replies: 472
Views: 260,650
Posted By Pedro40
I think 2 stars rating is just about right....

I think 2 stars rating is just about right. First, most systems are zero stars (OK one star) Second, there are no 4-5 stars systems, (I would call any room like that, that beat the market 3 years in...
Forum: Trading Reviews and Vendors November 16th, 2016, 01:22 PM
Replies: 472
Views: 260,650
Posted By Pedro40
What good is a running market commentary without...

What good is a running market commentary without trades? I might as well just watch CNBC. His excuse is obviously BS, and talking about his trades at the end of the day is fishy. At the very least he...
Forum: Trading Reviews and Vendors November 16th, 2016, 08:23 AM
Replies: 472
Views: 260,650
Posted By Pedro40
Even lacking real broker statements, one can...

Even lacking real broker statements, one can judge a vendor by 2 things:

1. Have at least a sim 3rd party trading record, for example on Collective2. Sure, this is not as good as a broker...
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