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How I Trade For a Living
Started:August 30th, 2016 (10:48 AM) by rocksolid68 Views / Replies:48,922 / 662
Last Reply:November 7th, 2016 (02:55 PM) Attachments:94

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How I Trade For a Living

Old November 3rd, 2016, 12:11 PM   #581 (permalink)
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Alex's ban

I've looked at this from a variety of angles and have read everything made available to me. While I can empathize with both sides, I make it a habit to leave emotion out of my decisions and go based on what's laid before me. The only thing I can gather is that someone has been banned based on an intention and perhaps some speculation surrounding internet websites. At the end of the day, I can find no real proof of acting on intentions or wrong doing at this time. I vote to unban Alex.

     
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Old November 3rd, 2016, 12:33 PM   #582 (permalink)
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I voted to leave ban as it is - supporting @Big Mike original decision. The reasoning for that is simply I do not agree (for the first time with BM) with the notion of "referendum" like vote on this matter - ban or unban. Public does not know better, people who are experts in their fields are. I've never managed any forum, filtered vendors, been sued etc. Mike has and he has explained everything using trading analogy. Additionally I do agree with "prevention is better than cure" and Rocksolid can be unbanned in the future if/when new facts/information is available. People who want to be in the room, can still be in the room.

If we vote on who should or should not be on the FIO can we create a poll for Tiger please?
Hope Mike will just take the poll as a guidance, but will accept his decision on Friday either way

Anyway my thoughts if worth anything...
Good trades everybody (this is what we here for after all), cheers
Chris

Consistency over time
     
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Old November 3rd, 2016, 12:51 PM   #583 (permalink)
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bobwest View Post
Ironically, @Big Mike published several months of real-time results, with daily broker confirmations and monthly statements, and was not believed by some, even though he is a known quantity here, with no financial ax to grind.

Bob.


rwbil View Post
I have been a member for years and do not remember that. I remember his footprint thread with general discussions and an occasional DOM, but showing proof of live trades backed by daily brokerage statements. I am not doubting it, just do not remember it. Please do not post, "How dare you question ....." Can you send me a link.

@Big Mike revived his journal thread in about Oct 2014, and was posting there and in the spoos thread for several months thereafter.

Posting of results including brokerage statements began somewhat later, I believe near the end of 2014. The entire effort continued into March or possibly April 2015 as I recall.

You can browse around through the thread, as well as the spoos thread, during those time periods.

It was an amazing performance, lasting months. I think this is one of the later statements posted -- although it may have gone on for longer: https://futures.io/elite-trading-journals/1415-big-mike-s-day-trading-method-advice-142.html#post478613

I won't dig further, but anyone interested can start there and go earlier and later, and in the spoos thread around the same time period, to get an idea of the whole of it.

It didn't do him any good, of course. Doubters doubt, haters hate. There can never be actual proof, because the image editing tools available to everyone today make faking anything easy. So you just have to know you can trust someone for some other reason, and then you will be willing to trust their "proof." Otherwise, it's just not going to happen.

But that's another subject.

Edit: and his point was not to show off, but to make a point about a certain style, or perhaps attitude, of trading -- holding for longer moves within a day-trading timeframe. Not that it mattered....

Bob.


Last edited by bobwest; November 3rd, 2016 at 01:02 PM.
     
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Old November 3rd, 2016, 01:12 PM   #584 (permalink)
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chr1s View Post
I voted to leave ban as it is - supporting @Big Mike original decision. The reasoning for that is simply I do not agree (for the first time with BM) with the notion of "referendum" like vote on this matter - ban or unban. Public does not know better, people who are experts in their fields are. I've never managed any forum, filtered vendors, been sued etc. Mike has and he has explained everything using trading analogy. Additionally I do agree with "prevention is better than cure" and Rocksolid can be unbanned in the future if/when new facts/information is available. People who want to be in the room, can still be in the room.

If we vote on who should or should not be on the FIO can we create a poll for Tiger please?
Hope Mike will just take the poll as a guidance, but will accept his decision on Friday either way

Anyway my thoughts if worth anything...
Good trades everybody (this is what we here for after all), cheers
Chris

Even though I think he should remain banned, I am not sure what is wrong with getting the opinion of your members. This is after all a member paid for site, at least the elite section is. Does that mean you have to do what members always want no, but seem reasonable to get their opinion once in awhile. Just my humble opinion and worth the price paid.

     
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Old November 3rd, 2016, 01:32 PM   #585 (permalink)
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KBH80 View Post
I've looked at this from a variety of angles and have read everything made available to me. While I can empathize with both sides, I make it a habit to leave emotion out of my decisions and go based on what's laid before me. The only thing I can gather is that someone has been banned based on an intention and perhaps some speculation surrounding internet websites. At the end of the day, I can find no real proof of acting on intentions or wrong doing at this time. I vote to unban Alex.

Pretty much my logic also, i vote to unban.
I would like to say i get why big mike did it in the 1st place and agree with bans, he is doing it to protect everyone here from the hustle of most vendors and im very grateful for it and have alot of trust with this site and big mike.

I don't feel though what has been provided is reason enough.

I would also just like to state why i visit the room, Its not to copy him or make money off his exact trades, i learned long ago that doesn't work in the long run and the long run is the main goal of trading.
He doesn't even trade what i trade, he is ES and im CL but how he enters, finds his reason to get in/ context and how he manages his trades is what im working on and is why im there
*Edited*Im trying to understand the thought process of how someone was able to come up with there idea that close suits mine, this is the reason why i also follow Inletcap, trying to learn how and see and understand how someone makes a decision and live examples helps alot compared to text and pics only.
Also its pretty darn much the same as following a thread but instead of reading you get to watch it live, that alone is a great value with better clarification when the thread maker is trying to explain something to followers.

I don't follow trade rooms because not many trade like me and also they charge or have a trick up their sleeve but i did follow this one for the reasons of the built up trust in big mike and this forum and also a genuine feel of good character towards Alex and the reasoning behind him making his website/ trade room, which was to give back to others and FIO. I feel it is still there, don't prove me wrong Alex!
Its a tough decsion @Big Mike one im glad i dont have to make.

*Edited* Also had to throw this in, If the guy starts asking me for money or i witness another being asked for money or i can clearly read/see that happening to someone or he starts promoting vendors in his room then i will gladly leave and discredit him and would expect a ban but so far i have not seen any evidence of him going that route sense he started his journal, before his webpage, if there is please present me with it so i would be able to draw a new conclusion if needed, so far in all that has been posted i could not detect any of that. There was alot of he said she said which is childish and as a adult i can't and wont take any info out of anything he/she said stuff. I would need @Big Mike to release a solid document coming from rocksolid or a known aka asking for money.
As for the vendor issue as far as i can get from those was he is young and like all of us who are/were young tend to jump the gun on promotional vendors which he stated that after the fact he knew he was wrong and left and as far from what i read hasn't made any new vendor related posts.

For his reasoning behind the room was hey i made it, i would like to show others how i made it and i hope others can find there own way by watching/reading my examples in a live room is the same if not better then a post i think. I myself concluded that the cost of the room/webpage monthly was *EDITED.. ON HIM* and his was of giving back to the community .

Once again i did read all that was provided on page 44 from big mike and there was a lot, maybe i missed a credited one but as far as i know i didn't but am open enough to admit if im wrong if shown.


Last edited by DRock306; November 3rd, 2016 at 04:04 PM.
     
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Old November 3rd, 2016, 01:47 PM   #586 (permalink)
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A temporary ban is sufficient imo given Mike felt the rules were infringed he did what he felt was right. Now a sentence is served I'd vote for keeping knowledge within the community so I've gone for a reinstatement.

Q. Do we have a temporary ban facility here (i.e., 7d or 30d ban)? I understand that some folks should just be instantly banned i.e., the new joiners that are obvious con artists or have no desire to contribute. However where its less clear-cut for you Mike, perhaps cooling-off ban facility could be useful. However that depends on if you see it as useful and how costly it would be to implement. But a suggestion none the less.

     
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Old November 3rd, 2016, 01:52 PM   #587 (permalink)
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I am of two minds. His past behavior makes me suspecious so I agree with the banning, on the other hand, Alex is 18 and we have all done stupid things when we were 18 so maybe he should get a break.

I personally think he is a nice guy and I went to his room once but I decided for banning because at some point it is too easy for a free trade room to turn into a paid one.

The GoToMeeting fees are paid with real money, not goodwill. I can't put my finger on it, but something does not smell right to me, so I vote ban.

Math. A gateway drug to reality.
     

Old November 3rd, 2016, 02:15 PM   #588 (permalink)
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sands View Post
A temporary ban is sufficient imo given Mike felt the rules were infringed he did what he felt was right. Now a sentence is served I'd vote for keeping knowledge within the community so I've gone for a reinstatement.

Q. Do we have a temporary ban facility here (i.e., 7d or 30d ban)? I understand that some folks should just be instantly banned i.e., the new joiners that are obvious con artists or have no desire to contribute. However where its less clear-cut for you Mike, perhaps cooling-off ban facility could be useful. However that depends on if you see it as useful and how costly it would be to implement. But a suggestion none the less.

Hi

I voted keep ban.

He's a marketer. He admitted in the recorded webinar on you YouTube, then backtracked quick. A lot of evidence that his skill is in marketing, great communicator, multi marketing heavy websites, studies it, asks MLM about his wife's marketing job, changes his surname for marketing reasons (his words) etc etc.

He will leave here in 6 months max cos he can't make money trading and will want to set up another room, and his marketing strategy is redundant on FIO.

With all the evidence, no one will benefit Alex coming back. Let him move on. And us.

He's a really nice guy, very talented and will do well in whatever he wants to. Possibly even trading. His time has run here for now. I agree with a temp ban and I doubt he will be back.




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Old November 3rd, 2016, 03:31 PM   #589 (permalink)
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How about instead of prosecuting a guy for a crime he hasn't even committed, we let him stay in the community. If in the future he violates the rules, then he can be deal with the consequences. Some of you all want to hang the guy for something you think he's going to do.

     

Old November 3rd, 2016, 03:40 PM   #590 (permalink)
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If the camel gets his nose in the tent, his body will soon follow.


as the old proverb goes.

If Alex or his father Chris (who is the actual member, not his son) do come back under rocksolid68 then setting up a warning/complain to website site in parallel to his zerogravity is likely to happen somehow.

I have done my background research beyond the links posted and captured all of this data for future use.

I can't post what would amount to pseudo-evidence here but I believe father and son work together closely. That is just my personal belief from what I have found out.

Edit: Just to make it clear, no offence is intended to those who want to unban, we can only know what we know.


Last edited by Rory; November 3rd, 2016 at 04:28 PM.
     
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