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How I Trade For a Living

  #601 (permalink)
 DaxyMcDaxFace 
London
 
Experience: Intermediate
Platform: Sierra Charts
Broker: CQG
Trading: ES, CL
Posts: 578 since May 2016
Thanks Given: 1,066
Thanks Received: 444


jodistrict View Post
I don't see much conflict here

.......


jodistrict View Post
The real issue here is whether Big Mike wants to lend his reputation to this enterprise.

That's the conflict.

Oh and he:
~lied to mike (vendor status)
~ lied to us (claiming to be profitable)
~ has a pseudonym (wtf?)
~ has been selling his room on other sites
~him and his dad use same forum profile
~potentially lied about other stuff eg top step

Apart from that, all above board.








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  #602 (permalink)
 
suko's Avatar
 suko 
Kyoto, Japan
Market Wizard
 
Experience: Intermediate
Platform: TW TOS LiveVol
Broker: TD, TW, IB, Saxo
Trading: VXX, VIX, SPY
Posts: 1,326 since Oct 2013
Thanks Given: 844
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Anybody who spends any time on this site knows that it is run as a very tight ship.

Running a very tight ship requires harsh discipline sometimes.

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  #603 (permalink)
 DaxyMcDaxFace 
London
 
Experience: Intermediate
Platform: Sierra Charts
Broker: CQG
Trading: ES, CL
Posts: 578 since May 2016
Thanks Given: 1,066
Thanks Received: 444



mmaker View Post
OMG Rory thats the funniest thing i have heard all week.

.how could a relative minor teach trading to others some who may have clocked years ....10,000 hours. You know...the 10k hours that makes you a better trader.

10k hours doesnt necessarily make you a better trader. You only need to read the forums to see many who have been in the game for that long yet arent making money. Its probably one of the only skills where even 'quality tuition' wont necessarily improve your trading.

Guaranteed you will be better at a chess, foreign languages, table tennis, physics etc after 10k hours of even mundane, poor quality tuition. Theres a good book on this called 'Bounce'.

Maybe you could add 'sound character' to trading, 10k hours of being shaped to be a decent person doesnt necessarily make you one. Must be a few others?

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


DaxyMcDaxFace View Post
.......



That's the conflict.

Oh and he:
~lied to mike (vendor status)
~ lied to us (claiming to be profitable)
~ has a pseudonym (wtf?)
~ has been selling his room on other sites
~him and his dad use same forum profile
~potentially lied about other stuff eg top step

Apart from that, all above board.








Sent using the NexusFi mobile app

Here's where a lot of people have the facts wrong.

"~lied to mike (vendor status)"

He's not a vendor. He posted some comments (which were negative) about a certain company. AFTER the fact, he was asked to be a moderator for them and in return, they were going to give him access to their course for free. A short time after moderating for them, he decided that he didn't agree with their business practices and stopped moderating for them.

~ lied to us (claiming to be profitable)


What makes you think that he's not profitable? From everything I've seen, he's been upfront with us about winning and losing trades/days. I've sat there and watched him trade in the room in real time and his winners are definitely bigger than his losers. He hasn't given any reason to believe he's not profitable.

~ has a pseudonym (wtf?)

Oh you mean like everyone on this forum?

~ has been selling his room on other sites

Incorrect. None of those sites were ever accepting money and that was BEFORE he decided and committed to doing the room for free. One of the sites was a fictitious site that he made for a computer class in school.

~him and his dad use same forum profile


He said that the rocksolid account was originally his dad's and Alex would use that just to read the forum since they are in the same house. Alex then paid for the elite membership.

~potentially lied about other stuff eg top step


Again, no evidence of this. He admitted that he failed numerous combines before eventually becoming successful. Once funded, he stayed with them a short time and then withdrew the money and went on his own.

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  #605 (permalink)
Rory
 
Posts: 2,743 since May 2014
Thanks Given: 5,444
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mmaker View Post
OMG Rory thats the funniest thing i have heard all week.

Another funny thing....how could a relative minor teach trading to others some who may have clocked years ....10,000 hours. You know...the 10k hours that makes you a better trader.

I don't want to give an impression I'm casually amused (and I'm sure mmaker is not either). I see a smart young man going down a path into a very seedy industry with dangers to his reputation he can't hope to manage. Nose in the tent? certainly, there is a big shadow from outside the tent we could forgive ourselves for assuming is the rest of the camel.

I wish Alex no ill will, I hope he finds happiness in life after this upset. However..

Regarding the real rocksolid68 (1968) dad who has not intervened to my knowledge and has been funding his kid to learn what? pumping punters, clumsily damaging his young reputation in the process. Walk in a man's shoes etc. but..

Look at the comment on the the zerogravity site (I'm not giving them back-links on purpose, every one is SEO gold) and see the biography:

"My name is Alex Zobell and this is my story. Its not for "maketability" as he claimed IMO. This is not a "nom de plume" like an actor or writer is traditionally licenced to use and everyone knows is theatrical.

He was planning to take real and substantial room fees using a false name? Come on. Is the additional biography a very (too?) adult idea to avoid statues on using false names in financial translations I must ask? There are a lot of legitimate Alex Zobells out there so he is bound to make sure he does not confuse anyone with them. Accident or design?

He did not say "Alex the wonder trader" or "James 10 year Bond" which is obviously fictitious (and ok I understand). A normal person finding his site would have no way to know. I personally believe "Zobell" lends to a "burner", if it goes tits up its harder to trace in the future.

-I AM 18 YEARS OLD AS OF THIS PAST JULY. I assume one must be 18 to legally trade in the US? Again, his 3 years "trading experience" is BS. Only live counts the context of selling a training service which was his stated intent. Multiply the room fee by 100+ and then add market share accumulation value, advertising, referrals, other sales and "Advanced" in the future?

-COLLEGE FRESHMAN AT UNIVERSITY OF MINNESOTA/DULUTH When does this young man go to class, study, sleep? Even if he has time to deal with the endless emails and admin of running a site, would you let your kid's health and education suffer doing this? really? They appear to have some money - see the car below.

-HAVE BEEN TRADING FUTURES FOR NEARLY 3 YEARS. part time while in highschool. Also to be trading you have to be trading not on SIM most if not all of the time. Misleading.

-YOUNGEST MARKET WIZARD ON FUTURES.IO. I barely know what I'm doing myself after 2.5 years full time. Wizard.. its potentially very misleading. People here know that Wizards are mixed bags, not the novice public.

-DRIVE A 2015 VW JETTA TDI (NO MASERATI YET) "

1 year old VW jetta, many impoverished adults on this forum would dream of that car. This is the equivalent of what I call the 'infinity pool' selfie, I wish I could have just his jetta... its an old old sales trick.

I wish Alex well though I don't want to spend my time wondering if he is just adding to a con posting here.

I certainly hope he is not or gets out from under a bad influence that has a relaxed attitude to the truth, identity and other people's trust/money.


I must go to my office, have a profitable Friday everyone.

  #606 (permalink)
 DaxyMcDaxFace 
London
 
Experience: Intermediate
Platform: Sierra Charts
Broker: CQG
Trading: ES, CL
Posts: 578 since May 2016
Thanks Given: 1,066
Thanks Received: 444

You have a serious case of selective reading.....


jdox View Post
Here's where a lot of people have the facts wrong.

"~lied to mike (vendor status)"

He's not a vendor. He posted some comments (which were negative) about a certain company. AFTER the fact, he was asked to be a moderator for them and in return, they were going to give him access to their course for free. A short time after moderating for them, he decided that he didn't agree with their business practices and stopped moderating for them.

hes associated with a vendor (he was paid by them, he just said this in his room) - theres an immediate conflict of interest. he has to declare vendor status, he didnt.


jdox View Post

~ lied to us (claiming to be profitable)


What makes you think that he's not profitable? From everything I've seen, he's been upfront with us about winning and losing trades/days. I've sat there and watched him trade in the room in real time and his winners are definitely bigger than his losers. He hasn't given any reason to believe he's not profitable.


...being profitable over a few months doesnt define you as a profitable trader, did you miss this post/fact or you knew this, and think you can claim to be profitable due to 3 months trading? (rhetorical question - i dont care).


jdox View Post
~ has a pseudonym (wtf?)

Oh you mean like everyone on this forum?

first, he passed it off as his real name, noone else is doing this. second, noone else on here has a chatroom, anymore non sequiturs?



jdox View Post
~ has been selling his room on other sites

Incorrect. None of those sites were ever accepting money and that was BEFORE he decided and committed to doing the room for free. One of the sites was a fictitious site that he made for a computer class in school.

Fail. Here is Alex plugging his room on tradingschools 29 days ago - I am not disputing that its free now. My statement still stands, as its fact.



jdox View Post

~him and his dad use same forum profile


He said that the rocksolid account was originally his dad's and Alex would use that just to read the forum since they are in the same house. Alex then paid for the elite membership.

this doesnt refute what i said. try again?


jdox View Post

~potentially lied about other stuff eg top step


Again, no evidence of this. He admitted that he failed numerous combines before eventually becoming successful. Once funded, he stayed with them a short time and then withdrew the money and went on his own.

you know the word 'potentially' - its not used to state a truism, its used because one cannot state definitively. Based on these facts: i)he stopped posting about his topstep here ii)came back months later saying he passed AND with the above points i've made, i will continue to err on the side of doubt when it comes to claims such as these, until he provides evidence. Its an opinion, formed from facts. Try it sometime.




......sorry to put this bluntly but you have managed to compile a post full of absolutely b0llocks, in turn wasting 30mins of my time (however this may put a stop to your posting) because for whatever reason (i wont cast judgement) you are refusing to accept facts, and your basic comprehension is so poor I will ignore you going forward, unless you can:

~refute any of what i said with facts (the last one is an opinion so you can leave that - and the rest are facts), so good luck
~this means provide evidence, I will take links, screen prints, quotes, recordings etc - anything you have, as you clearly have a very strong opinion, yet so far its completely unfounded (0 evidence provided).

I wont wait with anticipation.

Have a great day.

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  #607 (permalink)
cobraking
chicago, il
 
Posts: 2 since Nov 2016
Thanks Given: 0
Thanks Received: 0

vote is very close, at what time is the poll done?

  #608 (permalink)
 Trailer Guy 
Aguanga, CA USA
 
Experience: Advanced
Platform: Ninja Trader 8
Broker: IB, NinjaTrader Brokerage, Schwab
Trading: ES
Posts: 215 since Sep 2014
Thanks Given: 68
Thanks Received: 387

Sorry if I offend anyone, but come on and get real. There are only two types of people that get started in penny stocks and IF they say they made money then they lost my trust. If they lost money I believe them, but then I gotta ask why in the world were you in penny stocks?

The guy was probably just doing a new age multi-level marketing or do it yourself bucket shop. Always the same basic idea appeal to other people's greed by saying give me a little and I will show you how to make a lot, the quick and easy way. Wan't even a new imaginative hustle, just got busted by Big Mike before he pulled the sting.

Those that think he is a great guy may eventually be proven correct but I think the odds are greater that they wake up one day and realize that they were suffering from battered wife syndrome. After all most of Wall Street runs on fees, not profits from trading, profits are just the gimmick to get the rubes into the game. Big Mike works hard to keep that type away. Please don't make him gun shy the next time he has to make a hard call for our collective benefit.

  #609 (permalink)
 
trademe1's Avatar
 trademe1 
State College, Pa U.S.A.
 
Experience: Intermediate
Platform: Ninja Trader,Sierra Chart
Trading: NQ CL ES
Posts: 56 since Aug 2014
Thanks Given: 589
Thanks Received: 103


wxsim1 View Post
I recorded this morning session and I think it is only fair to hear his side of the story.



Great trading to all

After listening to the video response I vote unban rocksolid1. Thanks for the FACTS wxsim1

  #610 (permalink)
 
lemons's Avatar
 lemons 
Tallinn, Estonia
 
Experience: Beginner
Platform: SC
Trading: NAS100
Posts: 959 since Nov 2010



cobraking View Post
vote is very close, at what time is the poll done?

Did you vote for unban


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Last Updated on November 7, 2016


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