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$5,000,000 account earning $3000 to $5,000 daily. is it possible?
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$5,000,000 account earning $3000 to $5,000 daily. is it possible?

  #121 (permalink)
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wldman View Post
is a tool. That said, I own more BRK than any other equity. Yes, sysot1t, three of you mentioned Buffet, now 5 of us. I was going after Lornz because of the percieved tone of his posts. I will stop that though as it is a waste of time. Any of you can type anything you want. Trade well guys.

I still dont get the tool reference... am at a lost...

you own BRK.. great... now, would that be class A or B? just curious...never met anyone that would brag about owning BRK.A/B that actually had it.. not saying you dont btw.. just that those that I know do, keep it quiet because it usually means a good junk of their portfolio and they do it as a value play for their long, long, long term side...

also, it is hard to detect tones on posts, so please keep in mind that any "tone" perceived is usually the result of one's own bias.. at least IMO...

I dont always take @Lornz seriously, given he likes to bust balls.. and also, because he is a foreigner and his native language is not english, I cut him some slack on this translations per say... I say, let's see how his journal plays out and then discuss any disagreements about points of views on his thread...

also, keep in mind we(and by that I mean all of us) dont have to agree... but we should always be respectful of each others opinions and argue on that level, without getting personal, right? just my 2 cents... it gets boring when things become a flame war per say.. it takes value away from the arguments.. and there is nothing to be learned in the end.... but that is just my opinion...

signing off this thread... I still think is no longer heading anywhere...

trade well (I like that, I am borrowing it going forward )

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  #122 (permalink)
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wldman View Post
you tend to be a typing contradiction...saying one thing and then another. Everyone, if Lornz can't do it or has never seen it then it must not occur! You actually said Buffett and trader in the same sentence. Then you go on to classify people AND not only tell them what they do but also how you view their approach. I anticipate your posts for the inherent humor of your delusion.


wldman View Post
is a tool. That said, I own more BRK than any other equity. Yes, sysot1t, three of you mentioned Buffet, now 5 of us. I was going after Lornz because of the percieved tone of his posts. I will stop that though as it is a waste of time. Any of you can type anything you want. Trade well guys.

First of all, I did not speak of Buffet. If you are going to criticize my posts, at least get your facts straight.

Secondly, I have not classified anyone but myself? I only tried to clear up any confusion regarding my previous statements. What I was trying to convey was that if one is capable of scalping off a clean chart and a DOM/T&S, it really shouldn't take that long to succeed at it. If there are any other successful scalpers here that disagree, I welcome their responses. It seems that this kind of trading is more comparable to high-performance sports than an intellectual exercise. Having ADD also seems to be a positive attribute.

I then said the standard indicators, in my view, tend to be lagging price itself and I deem them worthless for this type of trading. Am I not allowed to share what has worked for me without being chastised?

With regard to my tone, I specifically apologized if I were coming across as arrogant. Keep in mind that English is my second language. But, that being said, I am a student of philosophy and appreciate polemics. I think that aggressive, but relevant, discussion is the fastest way to increase both of the debaters' understanding of the matter being argued. I later apologized, because I should have learned by now that such discussions never materialize on trading forums - it always degrades into personal attacks.

Why wouldn't you want to contradict my statements with facts? And if you can't prove me wrong, how can you say that my views are incorrect?

I like to thank that I have contributed some value to this board on the months I have been active. I have answered quite a few questions, both on the forum and the various PMs I have received. I have written quite extensively about my background, and, earlier this year, I even posted my trades in advance in the CL room. Netting 120 ticks in a couple of hours (if my memory serves me correct). I am sure someone has the records to prove that.

I have politely responded to your condescending posts a couple of times now, but if you have nothing of value to contribute to the discussion - then I beg of you to refrain from continue posting. At least, I will refrain from answering!

And, lastly: Yes, my posts often are semi-ironical, but that does not mean that they are meaningless. Only indicators are that!

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  #123 (permalink)
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sysot1t View Post
i dont follow the joke... elaborate a bit please...

I'm not involved in any of the back and fourths here. I see my attempt at 'levity' didn't come off the way it was meant.

With regards to Buffet, I was referring to his latest desires to want to become a political animal with his HYPOCRITICAL ideas on taxing.

If you hadn't seen it on the news I guess it wouldn't be obvious.

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  #124 (permalink)
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sysot1t View Post
I still dont get the tool reference... am at a lost...

Also to add, my point was an attempt at a joke, saying that if anyone uses the word 'Buffet' in a sentence, that Buffet should also be called a 'tool,' in the same sentence.

Basically, what I am saying is that I find Buffet annoying. Not calling anyone HERE a tool, I was trying to refer to Buffet as a 'tool.'

I don't know if that is clear now or not.... Do you get what I am saying?

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  #125 (permalink)
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forrestang View Post
Also to add, my point was an attempt at a joke, saying that if anyone uses the word 'Buffet' in a sentence, that Buffet should also be called a 'tool,' in the same sentence.

Basically, what I am saying is that I find Buffet annoying. Not calling anyone HERE a tool, I was trying to refer to Buffet as a 'tool.'

I don't know if that is clear now or not.... Do you get what I am saying?

What if I were to call you a tool, @forrestang?

I feel that there isn't enough hostility in this thread...

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  #126 (permalink)
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Buffet is obviously not a "tool". He's a smart guy and if he has views about taxation, it might be best to fully consider them before placing them into the static (and by definition, potentially removed from fact) context of opinion. His views on taxation are actually quite forward thinking and based on a wide view of the economic, political, and social situation we all find ourselves in (that is, being human on this planet).

Ask yourself, without the economic, political, and social system, would any of Buffet's or anyone else's wealth be possible or meaningful (please consider the literal definition of both those words)? The answer is no. The economic, political, and social system necessarily (again, by definition) requires that some are at the bottom and some are at the top. Those at the top derive a disproportional benefit from the economic, political, and social system (disproportionate to their contribution). A progressive system of taxation merely reflects this fact and seeks to correct it - buffet knows this and it forms the basis of his opinion. There is absolutely nothing hypocritical about it - the system of taxation is simply one aspect of the playing field. Once the rules are set, compete to your greatest ability - that's not hypocrisy, that is how any economic, political, social system works.

Sorry forrestang... I just had to finally jot something down against the majority political opinion prevailing on bmt...

Seek freedom and become captive of your desires. Seek discipline and find your liberty. - Frank Herbert
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  #127 (permalink)
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Lornz View Post
What if I were to call you a tool, @forrestang?

I feel that there isn't enough hostility in this thread...

I have an idea...

If anyone thinks either I, Buffet or @Lornz is a tool, please respond by thanking this post!



Last edited by forrestang; October 3rd, 2011 at 02:05 PM.
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  #128 (permalink)
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Surly View Post

Sorry forrestang... I just had to finally jot something down against the majority political opinion prevailing on bmt...

Nothing wrong w/that bud.

Buffet is still a tool....

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  #129 (permalink)
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forrestang View Post
Also to add, my point was an attempt at a joke, saying that if anyone uses the word 'Buffet' in a sentence, that Buffet should also be called a 'tool,' in the same sentence.

Basically, what I am saying is that I find Buffet annoying. Not calling anyone HERE a tool, I was trying to refer to Buffet as a 'tool.'

I don't know if that is clear now or not.... Do you get what I am saying?

I get it now, I read a bit about his comments about taxes, and how there is a bill now to increase taxes following his view... I wasn't able to associate it, hence why I asked... I did get the point that it was a joke, just wasn't sure what or how, hence why I asked

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  #130 (permalink)
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forrest..


I get what you are saying, but there are plenty of tools everywhere.

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