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How I Trade For a Living

  #521 (permalink)
 
wldman's Avatar
 wldman 
Chicago Illinois USA
Legendary Market Wizard
 
Experience: Advanced
Broker: IB, ToS
Trading: /ES, US Equities/Options
Frequency: Several times daily
Duration: Hours
Posts: 3,507 since Aug 2011
Thanks Given: 2,046
Thanks Received: 9,491

That could all very well be the case. Good points.



Rory View Post
I very strongly believe the ban should be maintained.

All of below is my personal opinion of course.

Alex and his father Chris Sielaff have in my personal opinion been playing games with us. These men are relatively intelligent and I must believe were manipulating the crap out of members here with forethought.

Alex the kid takes over his father's account (starts rockyroad journal) after his father (by writing style) has spent a lot of time looking at many vendor reviews. Lots of research there in his posts. He and his father I believe had a long standing plan to open a commercial trading room:

https://web.archive.org/web/20160306082836/crossfiretrading.com/

Check the whois pdf print attached and dates etc.

In order to gain market share for free they sought out popular rooms on FIO while playing for compliments and support from the more experienced guys using Jr's, just a 17 year old kid, emotional tug. "Sharing" the account one can observe odd changes in writing style from rocksolid68.

Why? Money and lots of it I have to think. Alex the 17 year old when he started working on us has previous worked as an "instructor" for Global Trade Room who have quite an interesting history of their own and many accusation thrown around. We know from CTFC investigations that vendors can make millions and GTR was maybe in trouble (early this year) due to a spat with Emmett Moore a while back.

Despite taking many tips and tricks from GTR he was still, at best, a mediocre trader so it takes quite a lot of gall to take hundreds in fees for his room beyond say 5 bucks per person to pay for Gotomeeting or whatever he used.

If Mike had said not said no to him plugging ZeroGravity commercially on FIO (as is normal) he would have switched to a two day trial (scammer length IMO) and activated the commercial zerogravity site as was his father's plan since January.

Also Alex (or the rocksolid68 collective) did not wish to lose "Wizard" status by becoming a vendor. You cannot be both in the FIO forum system he told me in a PM. A vendor is nobody really but a "Wizard" can highly influence new members so he would gain followers faster for the planned switch to commercial.

the "rocksolid68 collective", Alex and Chris would have MASSIVELY benefited from market-share gained via the "stolen valor" of a kind from Spoos and Scalpers thread guys; seasoned people who would have behaved differently knowing their complete past.

I feel he tried to deceive me, lies of omission are lies nonetheless in my reality.


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  #522 (permalink)
 
wldman's Avatar
 wldman 
Chicago Illinois USA
Legendary Market Wizard
 
Experience: Advanced
Broker: IB, ToS
Trading: /ES, US Equities/Options
Frequency: Several times daily
Duration: Hours
Posts: 3,507 since Aug 2011
Thanks Given: 2,046
Thanks Received: 9,491

share this sentiment based on answers or lack there of...but I was short of a decision and can't be sure. I do not like SIM even more than I do not like "backtesting"...the secret code word for the SIM Society.


davidtaylor View Post
Even Stevie Wonder could see that Alex is a sim trader.


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  #523 (permalink)
 jdox 
Chicago, Illinois
 
Experience: Intermediate
Platform: Ninja
Trading: ES
Posts: 78 since Mar 2013
Thanks Given: 776
Thanks Received: 62


Hey @Inletcap I've learned a lot from you and I respect you a lot so please don't take any of this the wrong way.

I think when he was considering having a charge for the room, it was basically to cover the expenses and maybe keep the riff raff out. He mentioned that when the room goes over 100 people, it increased the cost of the chat room and I believe it was mostly intended to pay for that. When it came down to it, he decided against charging and ended up funding all the costs on his own which for an 18 year old kid, is commendable if you ask me. I don't think its really fair to get upset at him just because the thought of charging crossed his mind. It doesn't really seem any different than having a charge for the forum, the way that Big Mike does. Keeps the trouble makers out and gives everyone a reason to take it seriously. I don't know if you've had a chance to log onto the room or not but Alex has mentioned your name quite a few times and I know he really looks up to you and some of the other frequent posters on futures.io

Anyway that's just my take on it. Again, I have nothing but respect for you and really appreciate all your contributions and efforts around here. I try to make it down to the inlet a few days each year and expect to run into you sometime and when I do, drinks are on me!

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  #524 (permalink)
 
Neo1's Avatar
 Neo1 
Christchurch, New Zealand
 
Experience: Beginner
Platform: SC
Broker: IB, BC, Dx Feed
Trading: US Equities
Posts: 428 since Jul 2014
Thanks Given: 471
Thanks Received: 531

The Kid is "18", been trading for 2-3 years. Hardly the credentials for running a trade room.

The writing style in his posts portrays someone much older than 18.

Either way, something is off.

Just my 2cents.

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
  #525 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,645 since Jul 2012
Thanks Given: 1,890
Thanks Received: 7,338

Since he broke the forum rules (according to @Big Mike he promoted GTR without disclosing his relationship with them), then I don't see how the ban can be undone. Pretty simple - rules are rules.

If he gets unbanned, we will be headed down a slippery slope.

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  #526 (permalink)
 jdox 
Chicago, Illinois
 
Experience: Intermediate
Platform: Ninja
Trading: ES
Posts: 78 since Mar 2013
Thanks Given: 776
Thanks Received: 62


kevinkdog View Post
Since he broke the forum rules (according to @Big Mike he promoted GTR without disclosing his relationship with them), then I don't see how the ban can be undone. Pretty simple - rules are rules.

If he gets unbanned, we will be headed down a slippery slope.

Can you show me the post or quote where he promoted them? I can't find it anywhere.
Thanks.

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  #527 (permalink)
Rory
 
Posts: 2,743 since May 2014
Thanks Given: 5,444
Thanks Received: 8,140

Just to say, as I posted above, I have to go out for a couple of hours.

I'm not ignoring anyone who comments and a couple of PMs I just got.

I know on FIO we will not degrade into the polarised US election. (not feeling very smiley sadly).

  #528 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,645 since Jul 2012
Thanks Given: 1,890
Thanks Received: 7,338


jdox View Post
Can you show me the post or quote where he promoted them? I can't find it anywhere.
Thanks.


Big Mike refers to it in this post...



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  #529 (permalink)
 jdox 
Chicago, Illinois
 
Experience: Intermediate
Platform: Ninja
Trading: ES
Posts: 78 since Mar 2013
Thanks Given: 776
Thanks Received: 62


kevinkdog View Post
Big Mike refers to it in this post...



I see that post and the links but am still having trouble finding the part where he promotes them. Can you quote the promotional part please?

Thanks again

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  #530 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,645 since Jul 2012
Thanks Given: 1,890
Thanks Received: 7,338



jdox View Post
I see that post and the links but am still having trouble finding the part where he promotes them. Can you quote the promotional part please?

Thanks again

In these posts he discusses GTR, and he acts like a customer, not an employee...





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Last Updated on November 7, 2016


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